22 Retailers Closing Stores

Discussion in 'Present & Current Events' started by Toroid, Aug 25, 2017.

  1. Toroid

    Toroid Founding Member

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    They could be using the helium for unacknowledged purposes.
    How is helium made?
     
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  2. The shadow

    The shadow The shadow knows!

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  3. The shadow

    The shadow The shadow knows!

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  4. The shadow

    The shadow The shadow knows!

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    the sad dying west towne mall
     
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  5. pigfarmer

    pigfarmer tall, thin, irritable

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    Years ago people were pointing and shrieking at Walmart because that business model ate the lunch of Bradlees, Caldor, Barkers, Jamesway and others. Yeah, Sam Walton nailed Mrs.B but good, nudge nudge wink wink. Somehow vestiges of Sears, Macys and JC Penney remain. When I look at their stores locally I wonder why. And stores like Target and Kohls have grown up since and sort of reinvented it all.

    Now a new business model is eating their lunch. In the past couple of years I have been dealing with Amazon and have nothing but good experiences to report. I also use them for streaming all sports of good stuff - Man n the High Castle and The Tick, among others.

    I've also seen a number of small cottage businesses grow via eBay, as well as deal with a number of online retailers that go under an eBay pseudonym which offer slightly different pricing.

    This is capitalism, a narrow form of evolution and survival of the fittest, at work.

    In the 'technology and job losses' thread the idea that you have to keep your skills current to be employable was accepted. In this thread I say retailers need to be proactive and keep their business models current.

    One example just from today. Looking for some DIY crapola. Got Lowes, Home Depot and Ace Hardware stores nearby. They all have websites I can surf, do online orders etc. But HD provides a mobile app that's just cool, real slickey-fish. It'll tell me exactly where to go in what store to find what I want - necessary because you can never find anyone actually working there that'll be able to help - show me reviews, product manuals, give me ordering options. For those who thought optical character recognition was cool, you should have a look at the optical object recognition bits built into this app. Example, you're looking for a weird electrical connector or plumbing part just hold it in the palm of your hand and let the app take a look at it. It's sifting through an enormous database including all of HD's items and looking for a match.

    It's slow and the hit rate is not the best - yet - but when you take a step back and think about what's really going on it's impressive. By itself this app won't make me a die hard HD lover, but like Amazon it's about convenience and general utility and in the end it'll probably allow money to flow from my pocket to theirs more often.
     
    Last edited: May 11, 2019
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  6. The shadow

    The shadow The shadow knows!

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    this morning both fancy rolls and onto the field closed suddenly and with no notice. west towne mall is in full decline.
     
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  7. The shadow

    The shadow The shadow knows!

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  8. The shadow

    The shadow The shadow knows!

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    more west towne woes.
     
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  9. The shadow

    The shadow The shadow knows!

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    Kay's and minor business closed at west towne. mall at 60% occupancy.
     
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  10. coubob

    coubob Celestial

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  11. The shadow

    The shadow The shadow knows!

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    signs of the times! 20190619_102819.jpg 20190619_102636.jpg 20190619_102545.jpg 20190619_102530.jpg 20190619_102618.jpg 20190619_102557.jpg
     
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  12. wwkirk

    wwkirk Celestial

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    A small reversal of a trend.
    Toys R Us to reopen stores in the US later this year: report
    Toys R Us is expected to reopen stores just in time for the 2019 holiday season.

    Though the toy retailer closed down last year, Toys R Us is expected to launch an e-commerce site and several stores in the U.S. later this year, according to Bloomberg Opens a New Window. .

    The new stores are expected to be about a third of the size of traditional Toys R Us outlets, but with play areas and other experiences, the outlet reported.

    A former executive of the company, Richard Barry, has been trying to bring back the chain, sources told Bloomberg. Barry is now the CEO of Tru Kids, Inc. Opens a New Window. , a new company that took over the Toys R Us brand in February.
     
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  13. The shadow

    The shadow The shadow knows!

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    the empty and abandoned rear parking lot west towne mall.
     
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  14. Toroid

    Toroid Founding Member

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    Pier 1 Imports plans to close 57 stores, more possible
     
  15. Standingstones

    Standingstones Celestial

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    I wouldn’t
    I wouldn’t read too much into the Toys R Us story. There are supposed to be 2-3 reopened stores. WalMart ate Toys R Us’s lunch a long time ago.
     
  16. Standingstones

    Standingstones Celestial

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    A local jewelry store has billboard signs up. The store (Higashi) is closing for good. The jewelry is going for 19 cents on the dollar. Stock up while you can.
     
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  17. Sheltie

    Sheltie Celestial

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    Best Buy might not survive when the next recession hits. The only product line where the retailer still dominates is TVs. Computers and accessory sales have been lost to Amazon and Walmart. Movies, music, and video games have all migrated to virtual sales on the internet instead of physical sales.
     
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  18. nivek

    nivek As Above So Below

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  19. Toroid

    Toroid Founding Member

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    Why even bother with such a low amount. :huh8:
     
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  20. The shadow

    The shadow The shadow knows!

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  21. wwkirk

    wwkirk Celestial

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  22. The shadow

    The shadow The shadow knows!

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