Stores going out of business

Discussion in 'The OT' started by Rich, Apr 13, 2017.

  1. Dec 31, 2017 #81 of 300
    Rich

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    And the world seems to be a better place, I think.

    Rich
     
  2. Dec 31, 2017 #82 of 300
    inkahauts

    inkahauts Well-Known Member

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    Yep. And that is why I’m perplexed why they didn’t become amazon before amazon. They obviously had people in charge that just wanted to make share holders happy and not invest in the future..

    Today they are trying to get there which is the only reason everyone is still floating them along imho.
     
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  3. Jan 5, 2018 #83 of 300
  4. Jan 5, 2018 #84 of 300
    Rich

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    Macy's seems to be getting quite desperate. I bought a comforter a couple weeks ago during one of the holiday sales. It cost more than $400 normally, the sale price was ~ $150. That's $250 off! Most retailers in our area do these sales constantly. Desperation appears to be a good thing for consumers...until Amazon puts them all out of business. Can't help but wonder what happens then.

    Rich
     
  5. Jan 5, 2018 #85 of 300
    TheRatPatrol

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  6. Jan 6, 2018 #86 of 300
    inkahauts

    inkahauts Well-Known Member

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    Our sears store doesn’t look that bad! But they are low on stock compared to where they used to be. It’s pretty obvious. They need to just shrink their footprint right now so the store doesn’t look like that!
     
  7. Jan 6, 2018 #87 of 300
    Rich

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    One of the two nearby Sears has closed. The other one...you kinda get the idea something is wrong, it seems a bit dirty and the salesforce is not what it used to be. The Kmart across the river has been dismal for years. It is far worse than the pictures of the Sears store linked to above. How they keep that place open is beyond me.

    Rich
     
  8. Jan 6, 2018 #88 of 300
    Rich

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    Take a lot of shrinking to hide that disaster. Amazon strikes again. I wonder what will happen over the next few years?

    Rich
     
  9. Jan 6, 2018 #89 of 300
    inkahauts

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    Well ours did a shrink.. they actually walled off a big space in their downstairs area and turned it into a separate store and rented it out to Home Goods. Very smart move imho. Ours is just a little sparse in depth of product in tools area, but is full in clothes and such... they probably put more stuff in stores that are busier is my guess. I am sure half their stores could shut half their store...

    And our Kmart needs to be closed. It’s beyond awful. I’d have to see the numbers to understand why they are trying to keep that brand alive... it sure doesn’t make sense based on how they run our local Kmart. It’s a junk store and just kind of disgusting to even walk into.
     
  10. Jan 6, 2018 #90 of 300
    Rich

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    You just described the Kmart across the river. The store has 4 tube fluorescent fixtures, every fixture has at least 2 tubes removed (some have none), the floor is filthy and I don't see anyone going into the store. The supermarked we frequent is in the same mall, the Kmart just sits there near all the other stores that have gone out of business.

    Rich
     
  11. Jan 10, 2018 #91 of 300
    TheRatPatrol

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  12. Jan 10, 2018 #92 of 300
  13. Jan 10, 2018 #93 of 300
    Rich

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  14. Jan 10, 2018 #94 of 300
    Rich

    Rich DBSTalk Club DBSTalk Club

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  15. Jan 10, 2018 #95 of 300
    Herdfan

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    Teays...
    I did also, but when DVD's were popular BB had rows and rows of them with almost every current movie which pulled in traffic. CC had a few on a shelf.
     
  16. Jan 10, 2018 #96 of 300
    Rich

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    BB...odd place our nearest store is. It's in Bridgewater, an upscale place to live. You wouldn't know that by the store. I rarely go there. I do like the Magnolia store, that seems to be run well. I guess each BB has a Magnolia store. They seem to know what they're doing, I don't get that feeling when I'm talking to the salespeople in the main store.

    Rich
     
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  17. Jan 10, 2018 #97 of 300
    TheRatPatrol

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    I got my first 32 inch TV there.

    You would think the would see the writing on the wall.
     
  18. Jan 10, 2018 #98 of 300
    1953

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    Sorry Rich, Magnolia is not in every BB. I totally agree with your customer service comment. CS at our nearest BB is terrible.
     
  19. Jan 10, 2018 #99 of 300
    1953

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    On the subject of CC online. After CC closed there was CC online but it was not operated by CC. Wonder if the new online will be the true CC?
     
  20. inkahauts

    inkahauts Well-Known Member

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    Eh, depends on how it’s being invested. I wonder if It’s possible that it is entirely tied strictly to merchandise... and even if they closed up shop and liquidate they’d get their money back.
     

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