22 retailers are closing hundreds of stores in 2017
 

Unable to compete with Amazon and other online retailers 22 retail chains are closing hundreds of stores making many thousands of people jobless in 2017.

Payless in Chapter 11 closing 408 stores
Radio Shack (i thought they had gone bankrupt?) closing 1000 store leaving just 70
JC Penny closing 140 stores
Macys closing 68
BigKmart closing 108
Sears closing 42
Where will it end for Sears ? Here?s one possible clue: In a March 21 filing with regulators, the retailer warned that there?s ?substantial doubt? about the company?s ability to continue.

While i fully understand Chump cannot be blamed for this, it will fuck up his unemployment figures for 2017....:Oh crap

But Trump told us he'd save our jobs!

Yeah man. I cannot believe it myself. I'm so used to seeing these stores and to think that they're now going out of business is crazy. These were MAJOR retail outlets. I'm sure that the convenience of online shopping must contribute to this on a rather large scale.

Avoiding crowds is cool but some things I like to actually see in person before buying clothes etc... :2 cents:

These major retailers drove "mom and pop" out of business so maybe
mom and pop can recover now.

Thats a nice idea but it looks like Amazon has set the future of shopping, The Home Depot is unbelievably desperate to get some of Amazons action but its website is so far behind the times i doubt they will catch up. Sears tried and failed miserably, Walmart is trying but again years behind Amazon.

If Mom and Pop businesses want to survive in this day and age they will have to work on the internet as well as having a physical store.:2 cents:

i like Mom and Poop businesses

People are still buying product -- they are not buying it in these "big box" retail stores anymore.

One reason is "crowdophobia (Agoraphobia)" terrorism is the culprit here. Crowded retail stores are excellent, and unprotected, terrorist targets -- ISIS for the win :(

But the main reason is online sales.
Some retailers are adapting and using their distribution centers as online outlets -- like Walmart is toward competing with Amazon.

This is a business case of who is making the money and who is not.

This is what the foreign Trump supporter nics spreading anti American hate here want.

This is why they wanted Trump to win.

Notice in these threads they're silent because they're laughing with glee inside.

Old news and anyone who didn't see it coming is blind. Large franchised restaurant chains will be next.

stores have dug their own grave. more and more i find myself never being able to find what i want in stores. they either don't have it, don't have the right size or whatever so i go home and buy it online. shouldn't even bother going to a store in the first place.

Major retailers are closing down because they can't even compete with an e-commerce guy with 5-man employee at his basement.

As companies like Amazon continue to work on rolling out same day delivery we will see more and more of this. Add in that many Millenials are not big into chain stores and it makes the future even more bleak for them.

I think small mom and pop places that focus on a specific niche can still thrive, but the future for many retail stores doesn't look so great.

This is true.
More are going for the "instagrammable" type of places to eat. :2 cents:

Yeah think the future is Walmart or Amazon the rest will continue to struggle or evaporate.

Agreed, There is a strong movement in certain neighborhoods where there is a desire to spend in a small business even if that means at a higher price. So think it's a combo of being niche and being in the right neighborhood that doesn't give a fuck about a few bucks=Hipsterville. I've watched friends spend more for shit just cause they wanted to support their neighborhood while I'm pulling shit up on amazon to see how much they could have saved. :1orglaugh

A good example of the small businesses doing well in the right place with the right product would be a butcher shop near my house. Within three miles I have three big chain grocery stores all that have pretty good meat departments. Yet, this butcher is still doing well. They do charge a little more, but they have higher quality stuff, plus some stuff the big stores don't carry including meat and meat products like sausage, bacon etc. all from local farms. People are willing to pay a little more to support their local farmer and to get something they know was fresh and raised in the area.

Trumps new business tax must have something to do with these stores closures too :2 cents:

All kidding aside... The entire retail industry is changing and it's going to be huge. Ten years ago when I need something involving computers, I went to Best Buy. For most other things I went to Target. Outside of that, it was a trip to the mall. Now.... Most of what I buy is online.

It's not only Amazon who is to blame. Ebay also plays a part; I've bought a few bikes from Ebay. Craiglist too, and now Facebook Marketplace... Furniture is expensive, and it's easy to buy from Craigslist or Facebook Marketplace.

Some people will say "Oh, we'll be losing jobs". Well, Amazon is hiring. My brother-in-law works for Amazon. They have high turn over, but if you can stick it out the first year you start getting promoted into management.

Why would you ever have gone to Bestbuy, you had Frys which is 10000000000X better!!!

^^^ Truth

This has been happening for years. Trump is the result of high numbers of low paid and unemployed.

This is what I've been posting about for a long time. It's not an American issue it's a Western problem. You need to remove your head from your ass.

No thanks to progress.

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http://i3.mirror.co.uk/incoming/arti...in-Croydon.jpg

https://www.theguardian.com/business...lose-every-day

http://www.retailresearch.org/whosegonebust.php

Seems Mom and Pop are struggling to

Don't worry they will find jobs designing automated robots!!!!!

No that was Obama.

Obama increased the minimum wage from what was $7.25 an hour to $10-$15 an hour depending on the City State.

Obama put more money in the workers pockets.

Trump is the result of billionaires & big business.

Trump wants to remove the federal minimum wage, taking money out of working people's pockets.

Safeway, Albertsons, Kroger, Win-Dixie and other large grocery chains are next. Amazon's acquisition of Whole Foods, Aldi and Lidl are the new disruptors.

amazon total employees 340.000...


people employed in small businesses 120.000.000 (half the US working population)


we cant possibly stand in the way of some corporate shareholder not getting his 10th vacation home so:


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In Holland this is going on for years, a lot of big old chains disappeared. Electronics stored wiped away by the internet and mediamarkt. An now Hudson Bay is taking some places and other new chains take over.

A lot to do with not able to park your car in city centers. That cost a lot of money and time. If people come with public transport they can't carry all their bags, so they buy less and go shopping in outlet centers.

I was in Radioshack here in Mexico (don't know them in th erest of the world). Only a few products, expensive and 7 employees that have nothing to do. They could fire 50%.

Well it is great! More money to make on the internet.

# Thanks Trump... we always knew the right wi gs war on education would lead to great results..

#ThanksDrump

That's a good question... In Phoenix I used to go to Fry's all the time. Now Best Buy is a lot closer. And let's face it - it's like I need a new video card or something very specific these days.

All retailers are struggling. I was just saying that there is room out there for niche retailers or smaller retailers in specific areas.

If I don't have Amazon, this is where I would have to shop.
http://www.thegoldenscope.com/wp-con...14/04/hk-2.jpg

That would be fun to visit every now and then, but I think having to go there to do your regular day to day shopping would drive you crazy.

I'm sorry, I will not politicize this issue for I have followed and expected it for some time now.
In fact, I would say it's late in coming, probably because of the bankers deeds crash in '07 '08.
I expected to be at this point in 2012. I had wrote a few pieces on the topic in the 90's.

To explain this in a way that might be easy to understand, I will use The Beatles 'APPLE RECORDS'
It was created as a method to allow artist's a way to be herd by side-stepping those who controlled 'distribution'. The controlling of the distribution of products is what has slowly screwed the public over time.
But the internet is/was suppose to be a place where all things are equal. I use to call it the great equalizer (is coming). I could make that WIDGET and sell it to anyone. I did not have to sell my soul to some retail chain to 'MAKE IT'.

Now with that concept of Apple Records applied to just about anything in the retail supply chain, especially now that some products including music and movies can be digitally distributed, where as they could not before.

This is a disruption of the retail supply chain and those that use to control it have lost control.

The reason I have watched it so closely is because I have watched them lobby for changes in the rules (laws/regulation) to allow them to keep control.
These fights happen as most either do not notice or fail to realize the impact of them in the 'big picture' or retail.

Heck even Comcast is doing it's best to not become just a generic 'PIPE' it all goes through. They have control and it looks as of late, they will be able to increase that control along with Warner Cable and AT&T. When they became so rich from screwing you on the bill forcing you to subsidize unwanted channels, they took those profits and bought up every movie house so they not only controlled the distribution, but the creation of the future and the past CONTENT. Now I praise Amazon and others who are creating their own original content. Because to buy content from those in control would not fit the biz model that Comcast knows that breaking point and was priced correctly just because of it.

I really don't feel sorry for the large retailers since they have been playing the game I most hate... MERGER AND ACQUISITION
For while they where gaining control of their respective markets by merger, costing loads of jobs by itself, and eliminating competition, costing you money because the cost of the acquisition is paid by someone now isn't it.

So they have been playing the wrong game, but it was the only one they knew how to play. They already made plenty of money for those decisions and you paid for it.

So, I see this as the inevitable. But be warned... He who can control the internet has vast power beyond your belief.
Keep your eyes on it. Defend it since it really is your last hope of individual and collective power. The changing of a few words in some House bill in some committee you never herd of has much more impact than ever.

I use to have 14 grocery stores, 12 banks, 23 gas stations in my area.
..........now...3 grocery, 4 banks, 5 gas stations
And the only thing that has really changed is the expected margins of the profits.
And 15% of the local employment.

Merger and acquisition allowed the ventures in online. A method around 'control'.

The game you describe just moved from online from offline with fewer players. Besides a few quirky suppliers, there is no one else. Today people market via YT, FB and Twitter. Because they have all the traffic.

Increasing the minimum wage worked under Clinton, it's an incentive now to shed workers.

The solution is to reduce the population. Everyone gets a bigger slice.

They were uneducated under Obama.

In upper middle-class areas. I'm staying with my brother now in Radlett and we have those type of shops here. Houses start at $1 million.

Let's face it: show ANY business a way to increase margins, cut costs and reach new customers and that business will take advantage of that opportunity EVERY TIME.

Where and how (and if) human beings will "work" in the next fifty years will determine the future of our species.

We do have some great modern malls. Labor is cheap so the store have plenty of (english speaking) staff that are eager to help you with your shopping.
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Anyone that is blaming this on Trump is too fucking stupid for words.

This was happening no matter who was elected; even if Natalie/Gary was elected.

Most under 5s today may never drive a car, have a job, buy a house, etc. These things happen slowly because if they happened over night there would be a revolution.