Godlike Productions - Discussion Forum
Users Online Now: 1,481 (Who's On?)Visitors Today: 189,390
Pageviews Today: 254,451Threads Today: 78Posts Today: 1,147
02:09 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.

 
Anonymous Coward
User ID: 77952124
United States
09/02/2019 10:08 PM
Report Abusive Post
Report Copyright Violation
Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
a report by investment firm UBS.

An estimated 75,000 stores that sell clothing, electronics and furniture will close by 2026, when online shopping is expected to make up 25% of retail sales, according to UBS. Roughly 16% of overall sales are made online.

Analysts said the closures would affect a broad variety of retailers, affecting an estimated 21,000 apparel stores, 10,000 consumer electronics stores and 8,000 home furnishing stores.
[link to www.lmtonline.com (secure)]
Anonymous Coward (OP)
User ID: 77952124
United States
09/03/2019 02:22 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
No biggie its retail right
Jake

User ID: 77849624
United States
09/03/2019 02:36 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
somebody needs to cut the high speed cable and save

a couple million jobs
Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!

Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes."
Truth Reaper

User ID: 77541704
United States
09/03/2019 02:39 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
How is that service based economy working out for you?
I lost my apathy.
Anonymous Coward
User ID: 76760905
United States
09/03/2019 02:46 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
Too much cheap credit, developers built shopping centers and retailers filled in the gap.

Too many stores, all enabled by credit the fed pumps out at rates below what the market would demand.
Anonymous Coward
User ID: 52722058
United States
09/03/2019 02:51 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
Who wants to go to the mall and deal with 'teens'?
Anonymous Coward (OP)
User ID: 77952124
United States
09/03/2019 02:58 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
Who wants to go to the mall and deal with 'teens'?
 Quoting: Anonymous Coward 52722058


Or triggered cia high band manchuran candidates conditioned by subliminal wavelength encoded violent games
Truth Reaper

User ID: 77541704
United States
09/03/2019 03:04 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
Who wants to go to the mall and deal with 'teens'?
 Quoting: Anonymous Coward 52722058


I haven't been to a mall in at least 30 years. I didn't like it then either. It's the superficial consumption and higher prices I never cared for.
I lost my apathy.
Anonymous Coward
User ID: 65729081
United States
09/03/2019 03:51 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
The 1% have gobbled up all the money and most consumers don't have it to spend.


Money needs to flow in BOTH directions which hasn't happened since 2008.


peace
Anonymous Coward
User ID: 77743250
United States
09/03/2019 03:52 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
How is that service based economy working out for you?
 Quoting: Truth Reaper


Do you know anyone that wanted it? I could've been a mineralogist...
Anonymous Coward
User ID: 77941843
United States
09/03/2019 04:35 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
Infrastructure Bill will save the day. banana2
Anonymous Coward
User ID: 676772
United States
09/03/2019 04:43 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
When you shop online, by the time you pay for shipping it is usually within %10 of what you would pay at a retail established store. Online isn't really a big bargain anymore thanks to the taxes and fees the locals adhere.
Anonymous Coward
User ID: 47864574
Philippines
09/03/2019 04:50 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
a report by investment firm UBS.

An estimated 75,000 stores that sell clothing, electronics and furniture will close by 2026, when online shopping is expected to make up 25% of retail sales, according to UBS. Roughly 16% of overall sales are made online.

Analysts said the closures would affect a broad variety of retailers, affecting an estimated 21,000 apparel stores, 10,000 consumer electronics stores and 8,000 home furnishing stores.
[link to www.lmtonline.com (secure)]
 Quoting: Goneviral


Anonymous Coward
User ID: 74832522
United States
09/03/2019 05:32 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
Our local Ulta cosmetics store in the mall sent me $10 to buy anything, so I went in to use it, and the item I liked, an Ulta store brand item, wasn't even in stock. Stores can't even keep what u need on the shelf half the time. I shop online a lot, but thrift and discount stores, too. Don't have much to spend, anyway. Many malls here are converting into movie theaters and bars, restaurants, and just a few shops, to stay relevant. Food, dining, spas, entertainment, pet supplies, music venues, deluxe theaters, smoke shops, tattoo, discount stores, seem to be the trend. Target and Walmart are holding out, for now...
Vision Thing

User ID: 76626845
09/03/2019 05:37 AM

Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
So many jobs lost. But retail has been massively overbuilt since 1990.
Anonymous Coward
User ID: 75211114
United States
09/03/2019 06:23 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
The real reason is that people are broke, they don’t have disposable income to pay for these items. Online shopping is the pretext.
Anonymous Coward
User ID: 75758325
United States
09/03/2019 07:18 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
stupid store owners losing money just to spite trump


'see the economy is declining and its his fault. not ours'
Anonymous Coward
User ID: 77710840
United States
09/03/2019 07:32 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
The real reason is that people are broke, they don’t have disposable income to pay for these items. Online shopping is the pretext.
 Quoting: Anonymous Coward 75211114


their not broke their just m,ore online savvy Why pay more to walk into a store when you can order it and have it delivered to your door for LESS.

stupid store owners losing money just to spite trump


'see the economy is declining and its his fault. not ours'
 Quoting: Anonymous Coward 75758325


Many companies like sears/smart it all 100% mismanagement
it was bought by Eddie Lambert to run it into the ground slowly so that he can line his pockets from it slow death. He loans the company money and when they default he get his pick of properties he does this each year. Broke off all the key brands...

Retail space is dying for online why would I pay $300 in store for something I can get the exact same thing for $149 online shipped to me door..

The big indication to look at is Walmart and there are doing well so its not the market..
Lou Czar

User ID: 77585373
United States
09/03/2019 07:41 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
Who wants to go to the mall and deal with 'teens'?
 Quoting: Anonymous Coward 52722058


I haven't been to a mall in at least 30 years. I didn't like it then either. It's the superficial consumption and higher prices I never cared for.
 Quoting: Truth Reaper


Back in the 80s it was one of the hangouts for us kids. We’d roll dimes down the halls of whatever you call them to see who’d chase them.

We also super glued quarters to the floor by benches so we could sit and watch people trying to pick them up.

We were cheaply and easily entertained back then.
I am a meat popsicle.

And the Devil's Uncle.

*Mostly* Harmless.
Anonymous Coward
User ID: 54469829
United States
09/03/2019 07:43 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
The real reason is that people are broke, they don’t have disposable income to pay for these items. Online shopping is the pretext.
 Quoting: Anonymous Coward 75211114


their not broke their just m,ore online savvy Why pay more to walk into a store when you can order it and have it delivered to your door for LESS.

stupid store owners losing money just to spite trump


'see the economy is declining and its his fault. not ours'
 Quoting: Anonymous Coward 75758325


Many companies like sears/smart it all 100% mismanagement
it was bought by Eddie Lambert to run it into the ground slowly so that he can line his pockets from it slow death. He loans the company money and when they default he get his pick of properties he does this each year. Broke off all the key brands...

Retail space is dying for online why would I pay $300 in store for something I can get the exact same thing for $149 online shipped to me door..

The big indication to look at is Walmart and there are doing well so its not the market..
 Quoting: Anonymous Coward 77710840


Walmart is doing well because they keep raising prices. Everytime I go in there, the store is half-empty but the prices are twice as much.
Deplorable Zenobia

User ID: 1392717
United States
09/03/2019 07:43 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
So, I see two trends coming out of this...

1) big box stores standing empty, needing to be repurposed in some form or fashion...maybe schools, satellite med clinics, etc
2) uptick in 2nd hand brick-n-mortar stores, both in donation intake and increase in shoppers buying
And thought struggles against the results, trying to avoid those unpleasant results while keeping on with that way of thinking. That is what I call 'sustained incoherence.' ...David Bohm

“How, O Zenobia, hast thou dared to insult Roman emperors?” ...Aurelian, 44th Emperor of the Roman Empire
Lou Czar

User ID: 77585373
United States
09/03/2019 07:44 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
stupid store owners losing money just to spite trump


'see the economy is declining and its his fault. not ours'
 Quoting: Anonymous Coward 75758325


cruisin
I am a meat popsicle.

And the Devil's Uncle.

*Mostly* Harmless.
Anonymous Coward
User ID: 74832480
United States
09/03/2019 07:50 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
We will lost thousands of jobs, the solution ? Bring in more 3rd world migrants.
Anonymous Coward
User ID: 75047547
United States
09/03/2019 08:04 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
Dipshits still working retail need to go get a trade skill. I don't feel bad for dumb button pushers. Most of them have a bad attitude and carry on with their drama right in front of customers.
Anonymous Coward
User ID: 76903646
United States
09/03/2019 08:08 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
75,000 Woke retailers.


:bwahahaha:
Anonymous Coward
User ID: 10485453
United States
09/03/2019 08:13 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
by 2026?!?!?!? thats a long way off!!!
Anonymous Coward
User ID: 72828267
United States
09/03/2019 08:16 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
The real reason is that people are broke, they don’t have disposable income to pay for these items. Online shopping is the pretext.
 Quoting: Anonymous Coward 75211114


their not broke their just m,ore online savvy Why pay more to walk into a store when you can order it and have it delivered to your door for LESS.

stupid store owners losing money just to spite trump


'see the economy is declining and its his fault. not ours'
 Quoting: Anonymous Coward 75758325


Many companies like sears/smart it all 100% mismanagement
it was bought by Eddie Lambert to run it into the ground slowly so that he can line his pockets from it slow death. He loans the company money and when they default he get his pick of properties he does this each year. Broke off all the key brands...

Retail space is dying for online why would I pay $300 in store for something I can get the exact same thing for $149 online shipped to me door..

The big indication to look at is Walmart and there are doing well so its not the market..
 Quoting: Anonymous Coward 77710840


Disposable income is down.
dodger007

User ID: 77690112
United States
09/03/2019 08:18 AM

Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
No biggie its retail right
 Quoting: Anonymous Coward 77952124


Retail is alive, it’s just online
I still remember when malls were a new thing, killing off storefront retail in cities and towns. Now we are evolving again.
You can count on America to do the right thing after exhausting every other alternative."
Winston Churchill
Anonymous Coward
User ID: 76093177
Canada
09/03/2019 10:19 AM
Report Abusive Post
Report Copyright Violation
Re: Report from april on track...‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.
Dipshits still working retail need to go get a trade skill. I don't feel bad for dumb button pushers. Most of them have a bad attitude and carry on with their drama right in front of customers.
 Quoting: Anonymous Coward 75047547


Sad, however true.
Or you get to the food and drink services and the staff refuse to treat the customers well because they feel that the customers are beneath them.
I have actually had staff refuse to serve me because they little skinny armed soy boys were triggered by my toxic masculinity. I was told by one guy while in line that he felt that I needed to know that I made him feel less than manly and it was not fair to him or his friends that my toxic masculinity made him feel bad.
I would like to say that I told that little princess where he could shove his man bun, however, I was so stunned that he actually thought that his inferiority complex was something that not only was ok to bring to my attention but that I would actually care.





GLP