Stores running out of goods? No Credit, page 2
Pages: <<  1    2    3    4    5  >>
ATS Members have flagged this thread 7 times


reply posted on 4-10-2009 @ 09:12 PM by UmbraSumus
reply to post by amatrine[/url]The Ghost Fleet Of the Recession.



You should have a look at a thread by Loam :
The ghost fleet of the recession


The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo and no destination - and is why your Christmas stocking may be on the light side this year Read more: www.dailymail.co.uk...


===========================================

This picture speaks for itself.





reply posted on 4-10-2009 @ 09:47 PM by detachedindividual
reply to post by amatrine



This is just a part of the "financial chain" where weakness shows late.

A large store buys in from cheap suppliers, but invariably, cheap suppliers keep their costs low by running on a shoe-string budget, so when the economy suffers, they need urgent help. The banks are not lending to them, so they have to cut back on staff. They can't order materials to manufacture their goods either, because the same is happening to their suppliers, and so on...

This is just starting now because there's been a backlog of goods built up by large stores on the "sales expectation" or on forecasts of future sales. Now those stocks are running out.

Basically, producers and manufacturers cannot afford to create goods in the numbers they were, so the large stores are running low.

Transport companies have been having problems for years, so this is affecting them badly, especially in Europe. Obviously if the deliveries are not frequent, or stop entirely (due to a smaller transport company going under) this will affect everything from bananas to bedding.

But, don't worry, the economy is back on track, all the politicians are telling me so. It must be true!



reply posted on 4-10-2009 @ 09:49 PM by eradown
reply to post by UmbraSumus



With employment, as low as it is most people were planning on regifting or making gifts. Christmas giving is reciprocal; meaning many unemployed people will refuse to accept gifts, because they can not give equally.


reply posted on 4-10-2009 @ 10:40 PM by ualredyknow
reply to post by UmbraSumus



well its all made in china any way that garbage , you remember what happen last year with china trash they tried to kill our pets and kids yeah let them ships stay right thier


reply posted on 4-10-2009 @ 10:43 PM by TheRedneck
I didn't make the mental connection to transportation before, but since it was brought up...

I still maintain contact with my truckin' buddies even though I don't drive a truck at present. Here's what they are telling me:
  • Trucking companies are cutting back on their fleets. There are now hundreds, maybe thousands of new trucks without drivers and no plan to put drivers in them. They just sit in the terminals waiting.

  • Driver incentives are being cut back. Vacations at Celadon were recently cut in half, several companies have asked drivers to take rate cuts, and several companies are no longer allowing home time while in the truck (drivers have to use personal vehicles to move from the terminal to their home).

  • Fuel is being tightened up on. In addition to making drivers pay for their home time commute, most companies now have anti-idling incentives (although there is still a lack of APUs on the trucks ), use computerized routing, and use computerized fuel stop planning. I doubt the latter two actually save any fuel, but they apparently make the companies feel like they're saving something...

  • This is apparently to offset low amounts of freight. There is still freight, but a lot of companies are hurting because the freight is sporadic at best. Of course, this is hurting the drivers as well. I am hearing of teams that make less miles per week than I used to make solo.

  • In order to keep even the sporadic freight, many companies are now taking cuts in their rates as well, another reason why driver pay and benefits have gone down.

  • Everyone is cutting their driving force back. There are still decent driving jobs if you have a clean DAC, if you have a perfect MVR, and if you have a great reference from previous employers. Anything else and you need to find a temporary career until this blows up... er, I mean over...

It appears that the shortages may be happening all over and just not yet becoming noticeable in some areas yet.

Oh, and for the poster who mentioned WalMart aisles being larger, I have noticed that here as well. The floor displays are occasional instead of being a regular feature as well.

TheRedneck



reply posted on 4-10-2009 @ 11:13 PM by bismarcksea
reply to post by dizziedame



Florida is right behind California with state financial issues. Its not as gravy as you would make it out to be.


reply posted on 4-10-2009 @ 11:55 PM by kyred
reply to post by Jessicamsa



Where in Kentucky? The Danville Walmat has plenty of everything. No empty shelves. They were out of Zesta Saltines last week, but the shelves weren't empty, just other brands filling the space. Today, though, I bought my beloved Zesta Saltines.

One thing I do want to note, though. Usually, this time of year the men's clothing section is filled with long sleeved shirts, but T-shirts are still hanging on the racks, as well as short sleeved shirts.


reply posted on 5-10-2009 @ 01:08 AM by Rockpuck
reply to post by Miraj



DICKS! They made me mad as hell. I went for a spare set of under armour - gloves $45, cold weather shirts $60, jacket $80, hat $30. I went up to the counter and told them they were insane. I took pictures with my phone, (security didn't like me at this point) and went on Ebay and bought every item for under $80 total!

The merchandise stores I don't see a lot of traffic in, shelves are full. No problems at the groceries either. Ma and pa shops are dropping like flies, I support em where possible but they are to damn expensive.. on the weekends every bar and club I'm at has a line out the door.

And I live in a city at the top unemployment too.. but only certain areas seem more effected than others. Imo a lot of it has to do with unemployed people going on benefits at the same time, and will run out at the same time.

I'm fortuneate enough to get me self a crappy job, but hey its 40 hrs a week which is damn near unheard of these days.


reply posted on 5-10-2009 @ 01:32 AM by Melissa101
reply to post by TheRedneck



Tennessee here, yes I have noticed the empty shelves. I took my mother in law shopping last week and we could not believe it. My regualr grocier was out of spaggetti again, and cabage, there was no cabage? I have been noticing times of sporatic shortages in everything from vitamins to tuna. I am relieved I am not the only one noticing most folks look at me like I am nuts when I mention it.

Hey there fellow Redneck... LOL... My husband is a truck driver and has been for 17 years and he is out of work and cannot find work yet (its been almost a year). He has a perfect record, he was a good employee, never missed work and he was loyal he only worked at 3 places his whole life. Point is if he can't find work trucking or in the construction field then I cannot imagine anyone being able to find work. He has so many connections in both industries we never imagined him of all people without work.



[edit on 5-10-2009 by Melissa101]


reply posted on 5-10-2009 @ 05:56 AM by UmbraSumus
This is the time of year when everyone is doing all the Christmas stuff,' he points out. 'A couple of years ago those ships would have been steaming back and forth, going at full speed.

But now you've got something like 12 per cent of the world's container ships doing nothing.' Read more:
www.dailymail.co.uk...


12 % of the world shipping fleet anchored, possibly rising to 25 % within two years .

Some experts believe the ratio of container ships sitting idle could rise to 25 per cent within two years in an extraordinary downturn that shipping giant Maersk has called a 'crisis of historic dimensions'. Read more: www.dailymail.co.uk...




This time last year, an Aframax tanker capable of carrying 80,000 tons of cargo would cost £31,000 a day ($50,000). Now it is about £3,400 ($5,500). Read more: www.dailymail.co.uk...



From $ 50,000 a day to $5,500 a day .........


reply posted on 5-10-2009 @ 06:05 AM by detachedindividual
Originally posted by stevegmu
I can't imagine Walmart would have trouble with their line of credit. Most likely the ship from China is late.


What people are missing here is that Walmart doesn't manufacture all of what it sells, does it?

Even if it has a "Walmart" label on it, it's likely manufactured by a small company and then packaged for Walmart.

It's all very good saying Walmart are not having financial problems themselves, but what about the smaller companies they buy in from? They are having financial problems.

The Ma & Pa stores going under in large numbers are the same sorts of companies supplying the big chains. They can't secure the money and credit to buy materials for manufacture, and they are having to cut back on production.

Walmart makes orders in bulk based on expected sales, so they may even be deliberately cutting back on specific items based on a previous forecast that they won't sell many in a struggling economy.

Then you have the shipping and haulage companies cutting back too, or simply going out of business.
This affects everyone from manufacturing companies to the bulk buyers like Walmart.

Walmart will have stock in some regions, probably in locations where their stores are larger and sales higher in the past. But there will be an availability problem on a lot of goods simply because of all the factors that caused businesses to cut back or go out of business a couple of months ago.

If anyone can find data on when small business closures were at a peak, you'll see a pattern. If in July/August there was a peak of businesses in manufacture going under, supplies of their items will be missing from the shelves of the larger retail chains who buy from them a couple of months later, unless they found another supplier.

Produce growers will face similar problems but their time scale is different so that would be seen more immediately.

It's really just common sense. If the smaller businesses are struggling to make ends meet and going under in record numbers, the people who buy from them will face a shortage. Walmart is nothing more than a middle man, buying in bulk from them at low prices and selling on to you.
Pages: <<  1    2    3    4    5  >>    ^^TOP^^



USDA Forces Whole Foods To Accept Monsanto
  Posted 12 days ago with 100 member flags
Greece wipes out Citizens Debt!! Tells Bankers to suck it
  Posted 13 days ago with 78 member flags
Obama on the verge of a deal with the banks
  Posted 18 days ago with 23 member flags
Bankers requesting that Greece become their debt slaves
  Posted 16 days ago with 15 member flags
We’re on the brink, warns Greece ahead of summit
  Posted 14 days ago with 15 member flags
Heard a rumor on a disreputable anarchist forum....
  Posted 16 days ago with 12 member flags
The Real Story Behind the Greece Debt Default
  Posted 12 days ago with 11 member flags