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Stores going out of business

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

  1. inkahauts

    inkahauts Well-Known Member

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    I think it was them goign after costco. Very different than kmart, sears and target.
     
  2. inkahauts

    inkahauts Well-Known Member

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  3. Rich

    Rich DBSTalk Club DBSTalk Club

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  4. SamC

    SamC Hall Of Fame

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    I will never understand why companies announce a specific number of stores they are going to close, without a list. If I were a worker at Toys-R-Us and I needed my paycheck and was a good worker, since it is pretty close to entry level (minimum wage) work and the place across the street was hiring, why would I not take the bird in the hand now rather than wait to see if I was going to be out of a job in a few months and maybe there are places hiring and maybe not.
     
  5. jimmie57

    jimmie57 Hall Of Fame

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    Here you go.
    See if your Toys R Us store is on the closure list
     
  6. Cholly

    Cholly Old Guys Rule! DBSTalk Club

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    I think it's time this thread be closed, since HHGregg has been out of business for several months and the thread has become a catchall for troubled companies.
     
  7. Rich

    Rich DBSTalk Club DBSTalk Club

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    Every article I've read has that list.

    Rich
     
  8. Rich

    Rich DBSTalk Club DBSTalk Club

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    This is better than having multiple threads about multiple closings, I think.

    Rich
     
  9. James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

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    Fixed!
     
    Rich likes this.
  10. steve053

    steve053 Godfather

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    Our Brookfield WI store is on the list, and I'm not surprised. It's a stand alone store in the outlot of a large and busy mall. Took my 13 y/o daughter there one evening in mid December looking for a birthday gift and the store was dead. I mentioned to the checker that I was surprised the store was so empty this close to Christmas and he just shook his head, mumbled something about how it wasn't normal.
     
  11. inkahauts

    inkahauts Well-Known Member

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    Have you ever been through a store closing? I have, was running a store when it happened... you still get paid and it takes time to get a new job these days with background checks and so forth. And except in very rare cases, like what wall mart did to some sams clubs, they do liquidation sales that take 10 to 12 weeks on average, so employees know it’s happening and have lots of time to figure things out. Some do quit, some stay for a good portion of the time and some stay till the end. Often some will stay till their other new job starts, and or why ask the new employer for a start date that is a week or so after the store closes so they have a week to relax and decompress.
     
  12. James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

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    I was fortunate enough to leave before the store I worked for (decades ago) closed. It was brutal. The first thing the company did was bring in security guards to make sure the soon to be unemployed didn't walk out of the door with anything that wasn't theirs. Trust ended and a lot of the employees left as soon as they found the next job. (Preferable to sticking around and being treated like garbage after many years of dedicated service.)

    When the place I work now is hiring they want the new employees to start as soon as possible. On the level that I am at they expect a two week notice to be given to the current employer (and then come work for us!). Directors and VPs usually have a longer lead time to leave their old job. We expect the same out of people who are coming as we expect out of the people who are leaving. The company doesn't want zero notice quits. But when they hire they expect people to start work. It would need to be someone unique to give a job to someone who could not start for 10-12 weeks.

    I'd put most retail employees in the category of "start in two weeks or we'll hire someone else". IT and management would be given more leeway.

    A couple of the places I worked would pull together teams from other stores closing other stores. It was good to have people who cared about their jobs and had a job to go back to doing the work. I did not work any closings but I did help with a store opening and a couple of stores where the local employees let the store get bad enough that the district management needed to bring people in to fix the problems and give them a fresh start.
     
  13. Rich

    Rich DBSTalk Club DBSTalk Club

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    I've alway found the Toy R Us stores a bit overwhelming. Kinda like going into the 5th Avenue Library in NYC. I went into a liquor store in St. Thomas years ago. Reminded me of that library, so many bottles, they even had rolling ladders to reach the high shelves, just like a library. Overwhelming. I like being whelmed, not over...

    Rich
     
  14. inkahauts

    inkahauts Well-Known Member

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    Yes but half the time it takes 4 or more weeks to hire people and get them through interviews anyway anymore.. so by the time you add that all up, you start to lose more employees as there’s a lot less product in the store to deal with anyway. It’s also part of the reason they try and close most stores in about 10 weeks.

    It’s also different if they are closing one store and offering to transfer those who want to go to other stores in the chain. Obviously those people are easy to keep around.
     
  15. TheRatPatrol

    TheRatPatrol Hall Of Fame

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    Funny thing, there’s still a Blockbuster opened in Fairbanks Alaska.
     
  16. Rich

    Rich DBSTalk Club DBSTalk Club

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  17. jimmie57

    jimmie57 Hall Of Fame

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    Our KMarts have been gone for many many years.
     
  18. Rich

    Rich DBSTalk Club DBSTalk Club

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    The Kmart across the river is still open, only Kmart I've seen open around here.

    Rich
     

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