Retail Apocalypse? Major Chains Closing Hundreds Of Stores

Flogging crap is about the only functioning business left in the USA.

As one analyst put it, the only things the USA now produces in any quantity is booze, guns and hookers.

GOOD because they are all nothing but synagogues to Satan and Mammom!

they have to close as TPTB will need the space
for prison camps.

think about it.

large floor space

few entrances

little or no windows.

one truck full of iron gates and you could convert an
empty sears store into a prison in about 2 hours.

It isn't good news BUT my first response after reading a few lines of the linked article, is

"WHO couldn't see this coming?"

Retail has been SO overbuilt for SO many years now. It was overbuilt in the early nineties, 20 years ago, you could see this coming then!!! Way too many stores selling way too much stuff, and who needs anything?

We have an aging population who acquired the basic necessities of life years ago, pots and pans, furniture, appliances, clothing, you name it. Sure, once in a while something needs replacing, but really recreational shopping produces a burden of where to put stuff that you don't have room for.

Then your relatives die and their entire household of items is up for grabs and someone has to deal with it.

So there's a slackening of demand, which is even separate from the diminished ability and desire to pay for any of it.

There have been WAY too many stores for a long time. They built them seemingly without thought - miles of big box retail, a good example of the horror of it is outside the Twin Cities, Minnesota on the way to St. Cloud, I don't think any of that strip of overdevelopment was there before the early nineties. It looked like a disaster waiting to happen the last time I saw it.

I do almost every bit of my shopping at secondhand, or at deep discounted closeout outlet type places, and I shop less every year.

I find when I do have money in hand and a list of things I actually need, that it is difficult to find the kind of quality worth paying for, that used to be easy to find. So I buy very little, even when I have money.

It's because more and more people are shopping online.

it's happening here too.

I went to island hopping in the west of Scotland a while back.

haven't been there in about 11 years

all the shops are closed down.

such a shame

...They closed the Marsh (grocery store) down the street from me 3 days ago and I'm pissed. Now I have to drive a ways to either Meijers or Wal-mart. UGH!!

half stores gone in 10 years? Meh, nothing to worry about then. Go back to sleep, and vote technocrat.

Good point on how easy a prison 'lock down' can happen. Most schools are built the same way. Thousands of warehouses from businesses that closed can harbor all sorts of people and equipment as well...

This comes as a surprise? Everyone knew this was going to happen this is the Obamacare got passed. We've been talking about this for a couple of years now.

Thread: Financial Collapse of the US on 13-23 Sept 2015 ? / The Harbinger

The obamacare laws will be the last nail in the coffin. That is the main reason for Hobby Lobby quitting business.

I agree with all the above posts. More people are shopping on-line, and there are too many stores.

I lived in Maine for about three years, there were only three major malls in the entire state, and yet people survived. Also, the Maine Mall in South Portland (where I shopped) was always busy.

What I would like to see would be fewer malls, but bigger stores in which everything that is sold on-line would also be available in the stores. It is such as a hassle to return things that are just not right due to misrepresented color, poor fit, and/or poor quality.

I do feel sorry, though, of course, for everyone who has lost, or will lose, their jobs! (And as I worked for Borders, I was one of the victims of an increasingly on-line economy.)

Or, it could just be because the economy sucks and everybody buys everything on the internet now.

IMO, it because of a scared population due to bad politics, health care reform, no jobs, and low consumer confidence. Most people are in savings mode and excess spending is not happening. Also box stores can't compete with the deals that can be found through online sources.

When everyone wears pajamas and crocs everywhere, who needs anything but walsmarts.

Is Hobby Lobby going out of business? I couldn't find anything about that, although I did find an article about the Supreme Court hearing their challenge to Obamacare's birth control provision.

Nobody has money to buy and consume any more.

sounds like england but no guns an hookers shit

What in the hell did they expect? Macy's is clearly illuminati all the way. Oh wait, they're still doing well.

I just remember seeing something lately about them closing their stores. Ill try to find it.

Check mate

I LOVE Hobby Lobby. Here in FL they seem to be located far out of major towns, i.e. from Tampa, one must go 30 or so miles to Port Richey, a small retiree sort of place.

Northern FL, must travel about the same distance from Gainesville to Ocala.

Not sure why this is. I would go there more, if it were not such a journey and there's really nothing else to do in that area to my knowledge.

,

That has to be a big part of it. Why would I want to go to a local store and pay more for an item and have to wait in traffic and stand inline all to be ignored and treated like shit from retarded cashiers when I can get the same thing online? Jobs will instead be shifted to massive distribution centers and shipping companies ie (UPS...Fedex)

I think online as well as the fact that shopping malls have gotten so big that it takes way too much time to navigate them. We have one that is 5 floors high and just to do a medium shop takes ages especially during busy periods. That's without the hassle of finding a parking spot.

I shop a few suburbs away with a smaller mall and lots of street shops when I do go to shop.
People just don't have the time or inclination to shop in big malls anymore. And unfortunately here all the big businesses have put the smaller ones out of business so now the malls are looking more and more like white elephants.

This country was built on consumerism, now all the consumers are broke and our credit is maxed out. Prepare for a massive depression the likes of which we've never seen.

Online shopping is here, this is why states have in recent years gone after Amazon and others for supposed unpaid sales tax. It's not to make way for FEMA prison camps. This kind of garbage will never sell your site!