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1/5/2017 12:40:22 PMRetail stores closing. Why? 

mr_bad_robot
Over 10,000 Posts!!! (16,155)
Cincinnati, OH
42, joined Jul. 2014


As we have heard Sears is selling off Craftsman Tools and closing several unprofitable stores across the Country. Early this week Macy's announced it was firing 10,000 employees and closing 100 of it's stores.

The Limited is closing stores across the country and Forbes believes they are close to filing for bankruptcy or liquidate.

CVS is closing 70 of it's stores.

Men's Wearhouse is closing 250 stores.

The list goes on.... The Morningstar report supports another recent analysis from Credit Suisse that said about 200 shopping malls are at risk of shutting down if Sears continues to close stores.

The US has 23.5 square feet of retail space per person. That's 23.5 square feet of some very expensive overhead. 23.5 square feet of warehouse space using automated picking systems is far less expensive.

Surveyed shoppers made 51% of their purchases on the web. For the first time, consumers say they bought more of their purchases on the web than in stores, according to an annual survey of more than 5,000 online shoppers by United Parcel Service Inc.

The shoppers now made 51% of their purchases on the web compared with 48% in 2015 and 47% in 2014, according to the survey by UPS and analytics firm comScore Inc. The survey polled shoppers who make at least two online purchases in a three-month period, excluding groceries.

Are we seeing the end of retail stores in America?

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1/5/2017 12:48:57 PMRetail stores closing. Why? 
herc117
Warren, IN
56, joined Dec. 2016


Malls will soon become a thing of the past. With all those blacks causing fights and riots in malls, whites will not go there to shop.

Without the white dollars, malls can't survive. Googles destroy every neighborhood they move into.

That is not racist. Just cold hard facts!

1/5/2017 1:03:50 PMRetail stores closing. Why? 

mr_bad_robot
Over 10,000 Posts!!! (16,155)
Cincinnati, OH
42, joined Jul. 2014


I hate shopping. It's a real pain in the ass. During Christmas it's a freaking zoo out there. You put the wear and tear on your car. Get stuck in traffic and when you get there you can't find a damn place to park. You know once there you will have to sit in traffic getting out of there.

And not to mention the prices are over inflated. You know they have to pay for that overhead.... When I was a kid and my parents went shopping at the Mall it was sort of fun. But now I know why my father would rather take a beating then go to the Mall.

This year I purchased all of the Christmas gifts online. I saved a lot of money and frustration.

1/5/2017 3:25:20 PMRetail stores closing. Why? 

testsignup
Over 7,500 Posts!! (9,945)
Springfield, VA
63, joined Sep. 2009


Yes, and it's a shame, but probably unavoidable.

In exchange for lower prices, we will get additional problems, as usual.

In the eighties and nineties, in order to increase upper management pay while reducing prices, companies eliminated internal support personnel and middle management. That translated to no more advance service planning (broken things couldn't be fixed as rapidly, and many could not be fixed at all, because no time was taken to make sure they could be).

As the internet grew, and the phone company's ability to charge extra for long distance calls was eliminated, almost all telephone support for customers was given over to foreigners, many of whom had no idea how to do anything other than read and follow scripts. We saw an end to both domestic customer support jobs, and a natural increase in how long it took to communicate problems to the foreigners.

In addition, customers were required to do more and more of their own service work, in order to get service at all.

The elimination of most retail stores wont just result in fewer jobs, it will mean that you can no longer try clothes on, no longer see first hand how any device works, or how well it is constructed, and no longer be able to immediately get resolution for products which are defective out of the box.

C'est la vie.

1/5/2017 3:53:51 PMRetail stores closing. Why? 

mr_bad_robot
Over 10,000 Posts!!! (16,155)
Cincinnati, OH
42, joined Jul. 2014


Being the Engineer I am I spend most of my time researching up front before I make a purchase. That's the beauty of the net. One can research until they are worn out.

As far as cloth sizes go dear Lord. If you don't know what size you wear then what in the hell would you know? Maybe women have problems with this? I don't know....

I'm all about keeping it simple and easy. Using the web to make my purchases is simple and easy. I also save money.

1/5/2017 5:14:53 PMRetail stores closing. Why? 

shawnee_b
Over 10,000 Posts!!! (15,836)
Edmonton, KY
62, joined Apr. 2010


When Donald Trump declared that he would be running for President, Macy’s declared that it was cutting ties with the Trumps and dumped Trump’s clothing line. Why? Because of his so-called “disparaging” remarks about Mexicans.

Of course, Macy’s never admitted that Trump’s remarks were never focused on the Mexican population in general – but only the worst criminals in Mexican jails who the Mexican government had released – basically across the border into the United States.

Today, Macy’s released it’s disappointing holiday sales and it’s stock crashed 9%.

The company also announced that it was closing 100 stores which would result in job losses of over 10,000 jobs.

1/5/2017 6:00:44 PMRetail stores closing. Why? 
annamally
Over 10,000 Posts!!! (11,753)
Santa Clarita, CA
97, joined Feb. 2013


Yes , they are and will be closing .... It's called the Internet .

Why spend money driving and walking thru malls and stores when you can do it in the comfort of your own home ?

So , if you work in one of these stores ..... Update your resume .

1/5/2017 6:11:45 PMRetail stores closing. Why? 
herc117
Warren, IN
56, joined Dec. 2016


Quote from shawnee_b:
When Donald Trump declared that he would be running for President, Macy’s declared that it was cutting ties with the Trumps and dumped Trump’s clothing line. Why? Because of his so-called “disparaging” remarks about Mexicans.

Of course, Macy’s never admitted that Trump’s remarks were never focused on the Mexican population in general – but only the worst criminals in Mexican jails who the Mexican government had released – basically across the border into the United States.

Today, Macy’s released it’s disappointing holiday sales and it’s stock crashed 9%.

The company also announced that it was closing 100 stores which would result in job losses of over 10,000 jobs.


Liberal CEO's, when will they learn!

1/5/2017 6:22:51 PMRetail stores closing. Why? 

shawnee_b
Over 10,000 Posts!!! (15,836)
Edmonton, KY
62, joined Apr. 2010


They can't learn Herc, they are lacking the brain power.

1/7/2017 1:37:54 PMRetail stores closing. Why? 
cafe_express
Over 7,500 Posts!! (8,070)
Gueydan, LA
85, joined Mar. 2013


Macy's is shutting down 68 stores as it battles slowing sales and growing online competition.

The company says nearly 4,000 employees will be affected by the closures.

The closures are part of a plan to shut down about 100 stores, which represents 15% of its store base, over the next couple of years.

The stores will close in early 2017.

Final clearance sales will begin on Monday, January 9, and run for approximately eight to 12 weeks.

Here's a list of the closures:

Greenwood, Bowling Green, KY (124,000 square feet; opened in 1980; 63 associates)
Carolina Place, Pineville, NC (151,000 square feet; opened in 1993; 69 associates)
Douglaston, Douglaston, NY (158,000 square feet; opened in 1981; 144 associates)
Downtown Portland, Portland, OR (246,000 square feet; opened in 2007; 85 associates)
Lancaster Mall, Salem, OR (67,000 square feet; opened in 1980; 53 associates)
Oakwood Mall, Eau Claire, WI (104,000 square feet; opened in 1991; 55 associates)
Mission Valley Apparel, San Diego, CA (385,000 square feet; opened in 1961; 140 associates)
Paseo Nuevo, Santa Barbara, CA (141,000 square feet; opened in 1990; 77 associates)
Lakeland Square, Lakeland, FL (101,000 square feet; opened in 1995; 68 associates)
Oviedo Marketplace, Oviedo, FL (195,000 square feet; opened in 2000; 83 associates)
Sarasota Square, Sarasota, FL (143,000 square feet; opened in 1977; 86 associates)
University Square, Tampa, FL (140,000 square feet; opened in 1974; 73 associates)
CityPlace, West Palm Beach, FL (108,000 square feet; opened in 2000; 72 associates)
Georgia Square, Athens, GA (121,000 square feet; opened in 1981; 69 associates)
Nampa Gateway Center, Nampa, ID (104,000, square feet; opened in 2009; 57 associates)
Alton Square, Alton, IL (180,000 square feet; opened in 1978; 54 associates)
Stratford Square, Bloomingdale, IL (149,000 square feet; opened in 1981; 87 associates)
Eastland, Bloomington, IL (154,000 square feet; opened in 1999; 55 associates)
Jefferson, Louisville, KY (157,000 square feet; opened in 1979; 52 associates)
Esplanade, Kenner, LA (188,000 square feet; opened in 2008; 101 associates)
Bangor, Bangor, ME (143,000 square feet; opened in 1998; 65 associates)
Westgate, Brockton, MA (144,000 square feet; opened in 2003; 79 associates)
Silver City Galleria, Taunton, MA (152,000 square feet; opened in 1992; 82 associates)
Lakeview Square Mall, Battle Creek, MI (102,000 square feet: opened 1983; 51 associates)
Eastland Center, Harper Woods, MI (433,000 square feet; opened in 1957; 121 associates)
Lansing, Lansing, MI (103,000 square feet; opened in 1979; 57 associates)
Westland, Westland, MI (334,000 square feet; opened in 1965; 106 associates)
Minneapolis Downtown, Minneapolis, MN (1,276,000 square feet; opened in 1902; 280 associates)
Northgate, Durham, NC (187,000 square feet; opened in 1994; 72 associates)
Columbia, Grand Forks, ND (99,000 square feet; opened in 1978; 53 associates)
Moorestown, Moorestown, NJ (200,000 square feet; opened in 1999; 107 associates)
Voorhees Town Center, Voorhees, NJ (224,000 square feet; opened in 1970; 77 associates)
Preakness, Wayne, NJ (81,000 square feet; opened in 1963; 72 associates)
Cottonwood, Albuquerque, NM (173,000 square feet; opened in 1996; 56 associates)
Las Vegas Boulevard, Las Vegas, NV (178,000 square feet; opened in 1966; 84 associates)
Great Northern, Clay, NY (88,000 square feet; opened in 1989; 55 associates)
Oakdale Mall, Johnson City, NY (140,000 square feet; opened in 2000; 58 associates)
The Marketplace, Rochester, NY (149,000 square feet; opened in 1982; 77 associates)
Eastland, Columbus, OH (121,000 square feet; opened in 2006; 73 associates)
Sandusky, Sandusky, OH (133,000 square feet; opened in 1979; 61 associates)
Fort Steuben, Steubenville, OH (132,000 square feet; opened in 1974; 59 associates)
Promenade, Tulsa, OK (180,000 square feet; opened in 1996; 58 associates)
Neshaminy, Bensalem, PA (211,000 square feet; opened in 1968; 89 associates)
Shenango Valley, Hermitage, PA (106,000 square feet; opened in 1976; 69 associates)
Beaver Valley, Monaca, PA (203,000 square feet; opened in 1987; 78 associates)
Lycoming, Muncy, PA (120,000 square feet; opened in 1995; 61 associates)
Plymouth Meeting, Plymouth Meeting, PA (214,000 square feet; opened in 1966; 74 associates)
Washington Crown Center, Washington, PA (148,000 square feet; opened in 1999; 67 associates)
Parkdale, Beaumont, TX (171,000 square feet; opened in 2002; 67 associates)
Southwest Center, Dallas, TX (148,000 square feet; opened in 1975; 68 associates)
Sunland Park, El Paso, TX (105,000 square feet; opened in 2004; 71 associates)
Greenspoint, Houston, TX (314,000 square feet; opened in 1976; 70 associates)
West Oaks Mall, Houston, TX (244,000 square feet; opened in 1982; 135 associates)
Pasadena Town Square, Pasadena, TX (209,000 square feet; opened in 1962; 78 associates)
Collin Creek, Plano, TX (199,000 square feet; opened in 1980; 103 associates)
Broadway Square, Tyler, TX (100,000 square feet; opened in 1981; 65 associates)
Layton Hills, Layton, UT (162,000 square feet; opened in 1980; 72 associates)
Cottonwood, Salt Lake City, UT (200,000 square feet; opened in 1962; 88 associates)
Landmark, Alexandria, VA (201,000 square feet; opened in 1965; 119 associates)
River Ridge, Lynchburg, VA (144,000 square feet; opened in 1980; 60 associates)
Everett, Everett, WA (133,000 square feet; opened in 1977; 109 associates)
Three Rivers, Kelso, WA (51,000 square feet; opened in 1987; 57 associates)
Valley View, La Crosse, WI (101,000 square feet; opened in 1980; 57 associates)
Simi Valley Town Center (men's/home/kids), Simi Valley, CA (190,000 square feet; opened in 2006; 105 associates)
Mall at Tuttle Crossing (furniture/home/kids/men's), Dublin, OH (227,000 square feet; opened in 2003; 52 associates)

1/7/2017 1:41:18 PMRetail stores closing. Why? 

trackker
Vancouver, WA
34, joined May. 2014


Quote from shawnee_b:
Macy’s declared that it was cutting ties with the Trumps


1/7/2017 1:53:00 PMRetail stores closing. Why? 

mr_bad_robot
Over 10,000 Posts!!! (16,155)
Cincinnati, OH
42, joined Jul. 2014


I would love to see the concrete jungle covered over with grass and trees. As far as I am concerned these big box stores and malls can close.

1/7/2017 1:59:19 PMRetail stores closing. Why? 
cafe_express
Over 7,500 Posts!! (8,070)
Gueydan, LA
85, joined Mar. 2013


I love shopping on line. The competition is high, free shipping, and all in the comfort of my home. Save time, gas and haggling.

1/7/2017 2:01:18 PMRetail stores closing. Why? 
cafe_express
Over 7,500 Posts!! (8,070)
Gueydan, LA
85, joined Mar. 2013


Quote from trackker:


trakker, All the Macy's here carried polyester junk made in China and wanted a fortune for it. Might as well go to Ross, dress for less, and save your money.

You think Macy's got boycotted by Trump supporters?

1/7/2017 2:22:04 PMRetail stores closing. Why? 

inventtis2
Over 7,500 Posts!! (9,649)
Grand Rapids, MI
38, joined Nov. 2012


This doesn't surprise me.

1/7/2017 2:31:35 PMRetail stores closing. Why? 
cafe_express
Over 7,500 Posts!! (8,070)
Gueydan, LA
85, joined Mar. 2013


Quote from mr_bad_robot:
I would love to see the concrete jungle covered over with grass and trees. As far as I am concerned these big box stores and malls can close.

Yes Robot, that would take care of the CO2 emissions with trees to clean the air.
All those malls are causing traffic congestion.

1/12/2017 10:08:56 AMRetail stores closing. Why? 

mr_bad_robot
Over 10,000 Posts!!! (16,155)
Cincinnati, OH
42, joined Jul. 2014


Amazon announced they will add 100,000 full-time, full-benefit jobs in the US by mid-2018.