Some more retail DOOM PORN !

wealthydebates.com...

Is just one sight but a quick search brings up several articles. It is a circular article in that many different articles are a basic cut and paste from someone else.
Quote:
Here are 16 companies that have closed stores or will close stores soon:

Office supply company Staples has announced plans to close 225 stores by 2015, which is about 15 percent of its chain. Staples already closed 40 stores last year. Industry analysts expect Staples’ main competitor, Office Depot, which bought OfficeMax last year, to announce its own round of store closings soon.

Radio Shack has announced plans to close 20 percent of its stores this year, which is as many as 1,100 stores. The company, which operates around 4,000 stores, reported that its sales fell by 19 percent last year.

Albertsons closed 26 stores in January and February according to Supermarket News. Analysts expect many more Albertsons could soon be shuttered because Albertsons owner hedge fund Cerberus Capital Management just bought Safeway Inc. Some Safeway stores could soon shut down as well.

Clothing retailer Abercrombie & Fitch is planning to close 220 stores by the end of 2015. The company is also planning to shut down an entire chain it owns, Gilly Hicks, which has 20 stores, 24/7 Wall Street reported.

Barnes & Nobles is planning to shut down one third of its stores in the next year: about 218 stores. The chain has already closed its iconic flagship store in New York City.

J.C. Penney is closing about 33 stores and laying off about 2,000 employees.

The Record newspaper in New Jersey reported that Toys R Us has plans to close 100 stores.

The Sweetbay Supermarket chain will close all 17 of the stores it operates in the Tampa Bay area, The Herald Tribune newspaper reported. Many of the stores might open as Winn-Dixie Stores. Sweetbay closed 33 stores in Florida last year.

The entire Loehmann’s chain of discount clothing stores in the New York City area shut down. Loehmann’s once operated 39 stores, The New York Times reported, and was considered an institution by generations of New Yorkers.

Industry analyst John Kernan told CNN that he expects Sears Holdings, which owns both Sears and Kmart, to close another 500 stores this year. Sears has already shut down its flagship store in Chicago.

Quiznos has filed for bankruptcy, USA Today reported, and could close many of its 2,100 stores.

Sbarro which operates pizza and Italian restaurants in malls, is planning to close 155 locations in the United States and Canada. That means nearly 20 percent of Sbarro’s will close. The chain operates around 800 outlets.

Ruby Tuesday announced plans to close 30 restaurants in January after its sales fell by 7.8 percent. The chain currently operates around 775 steakhouses across the US.

An unknown number of Red Lobster stores will be sold. The chain is in such bad shape that the parent company, Darden Restaurants Inc., had to issue a press release stating that the chain would not close. Instead Darden is planning to spin Red Lobster off into another company and sell some of its stores.

Ralph’s, a subsidiary of Kroger, has announced plans to close 15 supermarkets in Southern California within 60 days.

Safeway closed 72 Dominick’s grocery stores in the Chicago area last year.....

investmentwatchblog.com...
www.offthegridnews.com...
A List of U.S. Retailers Closing Stores, Going, Bankrupt, and Going Out of Business in 2014:
1100 Radio Shack stores

360 Dots

300 Blockbuster

225 Staples (through 2015)

223 Barnes & Noble (through 2023)

180 Abercrombie & Fitch (by 2015)

175 Aeropostale (“over the next several years”)

170 Jones Group (by mid-2014 )

145 Brown Shoes / Famous Footwear

128 GameStop

125 Children’s Place

91 Blockbuster (UK)

80 Family Dollar

76 EE

76 Walgreens

74 McDonald’s (Japan)

73 Liquidation World (Big Lots Canada)

63 Build-A-Bear (through 2014)

55 Sprint

50 Kitchen Collection

42 Edwin Watts Golf

42 Fresh & Green’s

39 Loehman’s

33 Archiver’s

33 JCPenney

26 Albertson’s

26 Wet Seal

25 Build-A-Bear (through 2015)

25 Yankee One Dollar Stores

20 Barnes & Noble

20 Delhaize

20 Gilly Hicks

20 SONY

18 ALCO

17 Cato

15 Office Depot

12 Target

11 American TV & Appliance

7 Noni B

7 OfficeMax

6 Cord Camera

5 Bi-Lo

5 Macy’s

4 Len Druskin

4 Meat House

4 Sprint Gas Stations

3 ACO Hardware

3 Books-A-Million

3 Champps Americana

3 Williams-Sonoma

2 Arden B

2 Best Buy

2 Finger Furniture

2 Haverty’s

2 JMR Chalk Garden

2 Kroger

2 Lolabella Boutique

2 My Favorite Toy Store

2 Nordstrom

2 Powell’s Books

2 Rainbow Foods
End Quote:
No doubt there are more, especially the smaller mom and pop outlets/stores who for whatever reason will be shutting down....Maybe others will step in to fill the nitch if there is a profit to be made... As others have pointed out without a job it is hard to buy stuff... On a positive note the reported job number were good last month according to the government and many of the talking heads are saying corporate profits should but positive in the next 3 quarters.. Anyway I found this interesting.

this does not surprise me, many of the business on the list have failed to keep up with the implications of E commerce. Others serve junk to a populace that is waking up to the dangers of poisonous eating habits...

The world will keep turning, there are MANY MANY new businesses that will replace them

Everyone is shopping online now, it's become the easiest cheapest way to do it!

If I see an expensive article of clothing or bag, I try it on at a department store but before I buy I check out the web and almost every time its cheaper. As long as it's the real deal that's the way to go. I just wonder if food shopping is going to go this route anytime soon also. Many supermarkets already have a delivery service now. . .

Soon malls are going to be glorified flea markets!

Not surprised to see Gamestop on that list.

Like Antebellum said, a lot of people are shopping online.

Some Co may close down stores, but their online profiles are thriving.

I always order my clothes and shoes online, the only thing I buy now a days is food and Blu ray movies.

Their economic recovery is a joke. Most people are working at jobs where they make less money now. The economy is only showing it is recovering because they changed the way they interpret the evidence.

I don't understand how they can think the public is so stupid. Almost everyone can tell that the economy has not improved much. Next they will be saying that the Dow Jones is what says the economy is improving, they won't even look at jobs.

And hence why they are so keen to slap sales tax on everything sold online ...

reply to post by 727Sky


Don't you think one of the reasons why this is happening is an increase of the online sales?

Also, I don't see the big guys like walmart in that list, that makes me think it's all about the price.

Someone once told me the delivery business is the wave of the future.

this does not surprise me, many of the business on the list have failed to keep up with the implications of E commerce. Others serve junk to a populace that is waking up to the dangers of poisonous eating habits...

The world will keep turning, there are MANY MANY new businesses that will replace them

Things change and evolve faster and faster. Companies are now required to keep up with new tech and processes or they die. What I don't like about this is that whatever I learn at school say programming will be outdated if not useless once I get the job. Same thing happens in other areas. Fast evolving markets require continuous / lifetime training.

Trueman
reply to post by 727Sky

 

Don't you think one of the reasons why this is happening is an increase of the online sales?

Also, I don't see the big guys like walmart in that list, that makes me think it's all about the price.

No doubt online sales are hurting the brick and mortar stores. I just see a list like this and think of all the jobs lost.. In many instances not great jobs but at least a chance to work and get some experience. I am weird I suppose for I always figured any job was better than no job.. and there have been a few in my early working days I really did not care for.

AnteBellum
Everyone is shopping online now, it's become the easiest cheapest way to do it!

If I see an expensive article of clothing or bag, I try it on at a department store but before I buy I check out the web and almost every time its cheaper. As long as it's the real deal that's the way to go. I just wonder if food shopping is going to go this route anytime soon also. Many supermarkets already have a delivery service now. . .

Soon malls are going to be glorified flea markets!

edit on 4/6/2014 by AnteBellum because: add

Although I still prefer to do all my clothes shopping in store if possible. I recently tried to buy clothing online and got burned when they sent me the wrong size. You can send it back, but it's a big hassle compared to just buying the right item right there in the store.

As GW said.. Fuzzy Math.
Prez Bo is using and has used fuzzy math from day one of his Rule.
You should be glad "Bo" is our ruler as he is doing a stellar job.
Just as MSM says, they will sing his praise day and night.
He's like a God.

Unemployment is down to 6.9% and the economy is booming.
SO glad we have a muslim commie ruling us aint you?

I see nothing but bad times ahead and I am not a doom porn guy.
Just the facts mam, just the facts.

rickymouse
Their economic recovery is a joke. Most people are working at jobs where they make less money now. The economy is only showing it is recovering because they changed the way they interpret the evidence.

I don't understand how they can think the public is so stupid. Almost everyone can tell that the economy has not improved much. Next they will be saying that the Dow Jones is what says the economy is improving, they won't even look at jobs.

Well I see that the economy has improved drastically in my city. I actually think it is MORE busy than it was prior to 2008, much more in wealthier neighborhoods.

Also, the unemployment rate, as it is calculated has dropped 3.5% points in the last several years.

You don't loose 50 pounds in ten days, and you don't replace Trillions of Dollars in lost economic activity in several years, that is not reasonable to expect, even in a world where we a re accustomed to getting what we want now.

reply to post by ketsuko

--
Yup, the price of convenience.
But the majority of time its pretty spot on, plus you can't beat some of those online prices....with free shipping to boot?

reply to post by DogMeat


I secretly hope that Zeitgeist is right and we won't be required to work in the future. Most positions right now could be replaced by a computer or a robot. We have that capability and when the technology becomes cheap enough, hundreds of millions will lose their job. Robots never call sick, they don't get injured and don't require a pention. And I'm told that computers can't do mistakes... We're doomed

reply to post by Arnie123


Oh, no doubt for most things, but there are still those things I'd rather buy up front, on the spot. And sometimes, I like to get out and go shopping.

reply to post by ketsuko


Totally agree, I've gotten burned once or twice also, so now I limit online clothing shopping to big cost differences.

What happened to this idea:


Did the FAA shoot these down?
Sorry for the pun.

Well, traditional malls are dead, so any retailer who has stores in them is at risk.

Most retailers are opting for village locations where customers can drive right up to the door of the business. These locations are considered to be "lifestyle centers" offering everything from restaurants to spas and gyms, dry cleaners and office space for doctors and such. They differ from strip malls as they have landscaping and outdoor seating to encourage patrons to stroll and linger. Some even have a playground and amphitheatre. The "main street" ambiance is meant to create a desirable "see and be seen" social experience which encourages spending.

These centers are planned to be spaced out every 10 to 15 miles in an average mid-sized community. So, if a retailer happens to be located in between two of these lifestyle centers they are at risk for closure unless their four wall profit is off the charts.

Oddly I dont shop at a single one of those stores besides one time at best buy and a few times at barnes and noble....I buy everything from amazon...which I have feeling is probably a huge part of their problem.

I think clothes is the only thing I go out and buy...and food...and Im a dude so I do clothes shopping every time I get a new girl friend which is not very often haha.

I can agree with the whole online environment taking over - and that's one of the problems we're ignoring.

Tech will kill human to human industry as we know it IMO - all while we blame the government when it's the public demanding the tech. We don't have a back-up plan for that - we don't even think about it. There's going to be an increasing number of excess humans with the ever increasing number of tech taking survivability away from the meat-bags.

We are doing it as much as those we point fingers at IMO.

It's like a snake eating its own tail.