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REPORT ABUSIVE REPLY
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Most retailers are 'self-liquidating' - Want to know why? Come inside...
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I manage a higher end women's clothing store, when we closed on St. Patrick's day we were told we could only stay closed for three weeks because the distribution centers were full and there was no where for the product to go. I was one of the first wave of stores to re-open at the end of May with relatively normal inventory, I usually have around 14,000 units in store. I'm down to 7,000 units and we are being told we will not get replenishment until the end of July or August. Fall product is supposed to be coming in, but apparently they sent all of the summer product back to suppliers, at least that is what we are being told. Business has been booming since we reopened but at this rate I don't know that we will make it to August. If we are forced to close again, there definitely won't be any going back.
Quoting: KRIMMY8684 This corroborates what I've been seeing and I'm starting to wonder if this is all an elaborate setup for a late summer/fall catastrophe - shutdown/forced masks/race pimps/market crash... and the propagandist fake media will go along with it. This will be an election of a lifetime. Hell it feels like this year has been a lifetime, lol. You know Trump has something up his sleeve. Hang on... It's gonna get crazy. I was thinking that going bankrupt now because of c o v i d is a perfect business move and the liquidation seems to be part of it. I see stuff on the shelves that are from stock a couple years ago. Shelves are mostly bare and very picked over. Talked to a stocker and was told they have clearance all the inventory and will completely restock for the new 'season' when its all gone? Retail management background and thats BS. So why? well aside from the financial grand slam of selling all this stuff and then going bankrupt to screw shareholders and pad the pockets of the top CEO's etc think about what happens for the election!? I mean if the stores all go bankrupt in October late and everyone left working loses their jobs who you gonna vote for in 5 days? I'm saying they don't have to be liquidating at all. Its a LIB political move against Trump. Just what occurred to me this morning. Thoughts? 
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