3,500 American Retail stores to close...

[averagejoe]

Trump was right....the American economy is in trouble.

America's retail apocalypse: How 3,500 stores are set to close across the country in just the next two months

US chains like Abercrombie & Fitch, BCBG and Guess are shutting stores
Major department stores like Macy's, JCPenney, Sears, and Kmart are also planning to close branches
Due to rise of people choosing online shopping over visiting actual malls


Read more: http://www.dailymail.co.uk/news/article ... z4cAGKSipB

[GordonH]

The internet & online shopping is blasting brick & mortar all to hell. Since many now offer free delivery, why leave comfort of home.
Hermitville here we come. lol

[averagejoe]

The internet & online shopping is blasting brick & mortar all to hell. Since many now offer free delivery, why leave comfort of home.
Hermitville here we come. lol

Lots of people out of work and empty shopping centers....

[Symbonite]

Look at Orchard park...there have been lots of closures in the last 2 months....

[krocky]

The internet & online shopping is blasting brick & mortar all to hell. Since many now offer free delivery, why leave comfort of home.
Hermitville here we come. lol

Lots of people out of work and empty shopping centers....

Yes, don't kid yourselves that is happening here too. Walking in a mall last weekend and noticed 3 or 4 empty spots. It's no wonder though with the greedy landlords wanting ridiculous amounts of rent, what goes around comes around.

To make things even worse we found the product we were looking for in a retail outlet so we could see and touch it and make sure it was what we wanted then went home and ordered it online from Costco because it was $60 bucks cheaper. Bye-Bye bricks and mortar and all the jobs that went with them.

[GordonH]

The internet & online shopping is blasting brick & mortar all to hell. Since many now offer free delivery, why leave comfort of home.
Hermitville here we come. lol

Lots of people out of work and empty shopping centres....

Even when those auto plants comeback they will not be employing anywhere near the amount of workers it once did. Only reason they are returning is low overhead using automation to build vehicles. Technology doing away with the need human labour, same in retail industry.
Why have bunch of retail stores when 1 huge warehouse and package sorting & delivery will work, will hell of lot less overhead

[GordonH]

Amazon started it, others are following suit. What retail will soon look like by the major players:

[averagejoe]

Why have bunch of retail stores when 1 huge warehouse and package sorting & delivery will work, will hell of lot less overhead

Really?

Pretty greedy of you...to put all those people out of work and all the other supporting stores.

[GordonH]

Why have bunch of retail stores when 1 huge warehouse and package sorting & delivery will work, will hell of lot less overhead

Really?

Pretty greedy of you...to put all those people out of work and all the other supporting stores.

Not me averagejoe, its shareholders wanting ever bigger returns on there investments

Added: once companies go public they then answer to the shareholders

[krocky]

Really?
Pretty greedy of you...to put all those people out of work and all the other supporting stores.

Not me averagejoe, its shareholders wanting ever bigger returns on there investments
Added: once companies go public they then answer to the shareholders

OK then, greedy shareholders..!! But haven't you heard, on-line shopping is just a "trend" so it'll die down soon and everyone will be back to work..LOL... don't worry though, if not, JT will make sure "EVERYONE" has a job..!!!

[Fancy]

The stores are putting people out of work - the stock isn't there if there is an online option. HMV - closed (permanently).

Aéropostale, the teen clothing retailer has announced the closure of 113 U.S. locations and 41 stores in Canada.

http://www.clark.com/major-retailers-closing-stores
There's been lists of the comings and goings and it's only going to continue.

[jimmy4321]

Did it really take Trump's words to convince us, who didn't know this trend already?

[Queen K]

And Sears is in trouble. Maybe the lease rates are killing them. Maybe it's on-line shopping. Or maybe people are fed up with sub-standard assistance by staff who are asked to do too much instead of helping customers.

https://www.castanet.net/edition/news-s ... htm#199321

[averagejoe]

And Sears is in trouble. Maybe the lease rates are killing them. Maybe it's on-line shopping. Or maybe people are fed up with sub-standard assistance by staff who are asked to do too much instead of helping customers.

https://www.castanet.net/edition/news-s ... htm#199321

Lots of stores in America are in trouble...just to much to post.

Retail falling apart after years of decline and on-line shopping.

[GordonH]

And Sears is in trouble. Maybe the lease rates are killing them. Maybe it's on-line shopping. Or maybe people are fed up with sub-standard assistance by staff who are asked to do too much instead of helping customers.

https://www.castanet.net/edition/news-s ... htm#199321

Lots of stores in America are in trouble...just to much to post.

Retail falling apart after years of decline and on-line shopping.

It's combination of more online purchasing & companies cutting back floor staff/customer service.
Oh yes then there are shareholders wanting bigger returns on their investments.

Add it all up & the brick and mortar store fronts are a slowly dieing beard

Added later: more & more grocery stores are now having home delivery, you place an order online & either pick it up at the store or have them delivery it.