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Most retailers are 'self-liquidating' - Want to know why? Come inside...
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[quote:Anonymous Coward 54469829:MV80NDQxMjQ4XzgwODQ5ODM5Xzg0QzYyNDQy] [quote:La Listener:MV80NDQxMjQ4XzgwODQ5MzIwX0U4NTQ0MjQ2] [quote:Anonymous Coward 18993956:MV80NDQxMjQ4XzgwODQ5MTQ1X0NERTBDNTIx] Yup. Brand new Ross in our town was nearly empty after first shutdown. Also I noticed the one year old Hobby Lobby here has ALL their seasonal shit out, from every season. I was guessing they’re also going to close down. There go some jobs... that locals didn’t have for very long. And I forgot, our JCP is going out of business too. Before these stores came all there was were thrift stores. So back to square one... thrift stores + Walmart. [/quote] I'm not finding things at Walmart. I was looking for sheets, and their selection was dismal. Someone said that they had all been bought to make masks. I don't believe that. The supply lines have been upset or severed. [/quote] Relying on China too much. Remember when great sheets used to be made in the US? It was called Fieldcrest and they had awesome stuff. Clinton let them go by the wayside when China came into the WTO. Nobody else could compete. And now we get crappy microfiber. All the nice designs and embroidery gone. Americans have nobody but themselves to blame. I sure as heck didn't want to see China become the only supplier in the world. What is wrong with people? Always making the worst choices. But if you said anything at the time, you were blasted as a loony. Remember they said insourcing would more than makeup for the outsourcing going on? All lies to benefit Wall Street. [/quote]
Original Message
Most retailers are preparing to go out of business. They are self-liquidating because cost and they know they only have a narrow "re-open" window to do it.
And...
Because the big liquidator companies are overwhelmed and can't move the product to other retailers because there are no
other
retailers now.
They can't even load it and ship it to dump it in Africa or South America.
So this is why.
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