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Stores going out of business

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

  1. phrelin

    phrelin Hall Of Fame DBSTalk Club

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    In the American 20th Century retail disruption became a way of life, one that made many unhappy. One of my favorite quotes from a novel is...

    "It must be that there are years unlike other years, as different in climate and direction and mood as one day can be from another day. This year of 1960 was a year of change, a year when secret fears come into the open, when discontent stops being dormant and changes gradually to anger. It wasn’t only in me or in New Baytown. Presidential nominations would be coming up soon and in the air the discontent was changing to anger and the excitement anger brings. And it wasn’t only the nation; the whole world stirred with restlessness and uneasiness as discontent moved to anger and anger tried to find an outlet in action, any action so long as it was violent—Africa, Cuba, South America, Europe, Asia, the Near East, all restless as horses at the barrier."​

    ...from The Winter of Our Discontent by John Steinbeck.

    One of the realities of the universal use of the automobile in the late 1950's and early 1960's was the widespread closing of independently owned small local grocery stores, the kind described in the book that served whole communities much like a neighborhood convenience store, and which simply could not compete with supermarket chains.

    Sam Walton opened the first Walmart Discount City in 1962. Then the local independent hardware stores started to be displaced by chain or franchise hardware stores, which in turn by the 1970's found themselves looking at home-improvement superstores.

    And, of course, in my early life electronics meant Radio Shack which itself was bailed out and overhauled by Tandy in 1962. When we were in the computer services business using Tandy computers in the early 1980's, it never occurred to me that there would be a universal use of computers (devices) and I would be shopping on line, then several times a month chatting with not only our postal delivery person, but the UPS and FedEx drivers, and that my primary store would be in international internet retailer something called Amazon.

    Is Amazon really all that different from the dry goods mail-order business Aaron Montgomery Ward started in 1872? Or the company Richard Sears and Alvah Roebuck founded in 1892?

    Steinbeck was just observing what every American generation since Teddy Roosevelt's (October 27, 1858 – January 6, 1919) has experienced. As the quote indicates, changes altering the routine of the daily lives of ordinary folks, changes like those discussed here, cumulatively can cause feelings ranging from a wistful sense of loss to considerable upset and anger. And those changes do affect directly many people economically.

    [​IMG] Me, I'm still really irked that Amazon stopped the Amazon Fresh service in rural areas like mine. Going to the grocery store is a total waste of my time, an unpleasant experience, and exposes me to the flu. Harumph!
     
  2. Rich

    Rich DBSTalk Club DBSTalk Club

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    You really ought to write a novel. You could sell it on...Amazon.

    I'd buy it.

    Rich
     
  3. scooper

    scooper Hall Of Fame

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    I see alot of Walmart's and Target's these days - stores vary per location, although in general in my area Target's are "better" than Walmart's in the customer experiance.

    As far as retail growing - 20 years ago, my closest grocery store was a Food Lion 8 miles away. In the last 2 weeks, that store has been closed because they opened a replacement store about a mile or 2 away. In the meantime -Raleigh is moving my way - Walmart, Target, Lowes (foods), Lowes (Home Improvement), Home depot and numerous other retail have opened, including a Food Lion in Youngsville (4 miles from my house). Aldi and Lidl have both opened in Wake Forest and I know there are other Lidl's and Aldi's in the Raleigh / Durham metro area.

    My closest K-Mart closed a couple years ago, and it was replaced by a Best Buy that rebuilt the building. I do know of one that is clear on the opposite side of Raleigh from me (not that I've been interested in going to it). Radio Shack is all but kaput here - have to order online anything I could get from them.
     
  4. Rich

    Rich DBSTalk Club DBSTalk Club

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    After writing the above post we went shopping and ended up in a jewelry store. I met a guy who launched into the story of his life in the Air Force. Said he was a colonel and told me of his many adventures. I said, "You should write a novel." Must have been my day for that. He said he did that already. Had it published. Asked him for the name of his novel. He didn't remember. He remembered all his adventures in detail and yet could not remember the name of the only novel he ever wrote? I gotta cry BS! To the novel and the adventures...it was interesting tho.

    Rich
     
  5. James Long

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

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    In my area the #1 thing I go into Target for is to leave empty handed. :)

    They still exist? I looked at stores on their website and found some "authorized dealers". If Wikipedia is correct there are 28 "company" owned stores.
    They have not been the "Radio Shack" I grew up with in years.
     
  6. Cholly

    Cholly Old Guys Rule! DBSTalk Club

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    Radio Shack wen downhill a lot in recent years, which IMHO led to their bankruptcy and subsequent shutdown. Their mainstay lines of electronic parts and kits, test equipment and A/V gear were pretty much dropped in favor of Sprint cell phones and accessories in my area.
     
  7. MysteryMan

    MysteryMan Well-Known Member DBSTalk Club

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  8. jimmie57

    jimmie57 Hall Of Fame

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    OK, I deleted the post.
     
  9. inkahauts

    inkahauts Well-Known Member

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    That would be because a company that runs a lot of sprint stores bought the majority of radio shacks to take over and focus mostly on sprint... they bought a massive amount of the stores.
     
  10. Mar 3, 2018 #170 of 193
    TheRatPatrol

    TheRatPatrol Hall Of Fame

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  11. Mar 3, 2018 #171 of 193
    MysteryMan

    MysteryMan Well-Known Member DBSTalk Club

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  12. Mar 3, 2018 #172 of 193
    jimmie57

    jimmie57 Hall Of Fame

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    That is only 5 per state. I have never seen 1.
     
  13. Mar 4, 2018 #173 of 193
    billsharpe

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    There are five Best Buy retail stores within 10 miles of my house. The nearest Best Buy Mobile is at a mall 12.4 miles away. I'm not at all concerned about these stores closing.
     
  14. Mar 5, 2018 #174 of 193
    James Long

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

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    Perhaps the best reason to close if no one knows they are there. :)

    It sounds like they were small stores in malls - most of them not far from a big box Best Buy. They may lose a few sales to not having a second presence - but they are low margin sales.
     
  15. Mar 6, 2018 #175 of 193
    SledgeHammer

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    I rarely go to b&m stores for anything other then groceries. Who wants to pay sales tax? Or MSRP? Or stand in line?

    I don't even buy clothes at the store anymore either. For work clothes I stick to the same brand, so I know my size, I just buy them on Amazon. They have better selection then the store anyways and I'm not digging around for my size or trying to order it from another location.

    The last thing I bought at Best Buy was my 4K OLED TV in 2015. And that's only because I was able to quadruple stack promos: no sales tax + LG instant rebate + free delivery + Apple Pay 20% cash back. I got the TV so cheap that when it developed a bad pixel and LG bought it back for full MSRP, I actually made like $600 on it after a year of usage lol... then I bought the 2016 model.
     
  16. Mar 6, 2018 #176 of 193
    dtv757

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    Yes it's mostly in malls .
    I feel this is another indication that telecom wireless industry is going flat .

    Most big companies have been cutting back

    Vzw is now on its 4th phase of nationwide job cuts in the past 3 years, once again closing call centers and cutting retail jobs.

    I also believe att has been making job cuts as well ...



    Sent from my mobile device using Tapatalk
     
  17. James Long

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

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  18. dtv757

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