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(Some Guy)   The 'retail apocalypse' is now upon us: Analysts say 75,000 more stores doomed....DOOMED to close   (lmtonline.com) divider line
    More: Scary, Retailing, Toys R Us store, Online shopping, retail store closures, broad variety of retailers, Payless ShoeSource, Department store, Shopping  
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822 clicks; posted to Business » on 10 Apr 2019 at 11:36 PM (14 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



21 Comments     (+0 »)
 
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2019-04-10 09:36:46 PM  
I wonder how much of this is due to the in-store experience being sh*tty enough that even the worst designed online store is better to some people.

/am a bit concerned that Amazon has most of the online shopping market though.
 
2019-04-10 11:47:09 PM  

themindiswatching: I wonder how much of this is due to the in-store experience being sh*tty enough that even the worst designed online store is better to some people.

/am a bit concerned that Amazon has most of the online shopping market though.


Most of their examples were retailers bought by private equity, loaded up with debt and then sold.

I think Walmart's success  has proved people will put up with a terrible shopping experience if they can save a dollar.
 
2019-04-11 12:09:29 AM  

TedCruz'sCrazyDad: themindiswatching: I wonder how much of this is due to the in-store experience being sh*tty enough that even the worst designed online store is better to some people.

/am a bit concerned that Amazon has most of the online shopping market though.

Most of their examples were retailers bought by private equity, loaded up with debt and then sold.

I think Walmart's success  has proved people will put up with a terrible shopping experience if they can save a dollar.


Yeah, bye who wants to get all dressed up to go to Wal-Mart?
 
2019-04-11 12:13:43 AM  

Mad_Radhu: TedCruz'sCrazyDad: themindiswatching: I wonder how much of this is due to the in-store experience being sh*tty enough that even the worst designed online store is better to some people.

/am a bit concerned that Amazon has most of the online shopping market though.

Most of their examples were retailers bought by private equity, loaded up with debt and then sold.

I think Walmart's success  has proved people will put up with a terrible shopping experience if they can save a dollar.

Yeah, bye who wants to get all dressed up to go to Wal-Mart?


Or anywhere else.  I went to Home Depot the other day, and they didn't have any hand baskets, I asked the door person and she told me the store was out of them.  I clarified, none in the store.

I only bought a putty knife and a sponge because my hands were full at that point.  Had to use the self checkout as there was not a single cashier station open.
 
2019-04-11 12:42:48 AM  

TedCruz'sCrazyDad: Mad_Radhu: TedCruz'sCrazyDad: themindiswatching: I wonder how much of this is due to the in-store experience being sh*tty enough that even the worst designed online store is better to some people.

/am a bit concerned that Amazon has most of the online shopping market though.

Most of their examples were retailers bought by private equity, loaded up with debt and then sold.

I think Walmart's success  has proved people will put up with a terrible shopping experience if they can save a dollar.

Yeah, bye who wants to get all dressed up to go to Wal-Mart?

Or anywhere else.  I went to Home Depot the other day, and they didn't have any hand baskets, I asked the door person and she told me the store was out of them.  I clarified, none in the store.

I only bought a putty knife and a sponge because my hands were full at that point.  Had to use the self checkout as there was not a single cashier station open.


Did they have their Homer's 5 gallon bucket? If so, they had a basket.
 
2019-04-11 12:56:40 AM  
I still shop for clothes and shoes at retail stores and I'm pushing 40. Just not any of those crappy retail stores listed in the article.
 
2019-04-11 01:26:45 AM  
Why Poor Places Are More Diverse
Youtube mWVATekt4ZA
 
2019-04-11 01:30:31 AM  

TedCruz'sCrazyDad: themindiswatching: I wonder how much of this is due to the in-store experience being sh*tty enough that even the worst designed online store is better to some people.

/am a bit concerned that Amazon has most of the online shopping market though.

Most of their examples were retailers bought by private equity, loaded up with debt and then sold.

I think Walmart's success  has proved people will put up with a terrible shopping experience if they can save a dollar.


^This

In Seattle, people blame Amazon for everything.
 
2019-04-11 01:35:05 AM  

TedCruz'sCrazyDad: Or anywhere else.  I went to Home Depot the other day, and they didn't have any hand baskets, I asked the door person and she told me the store was out of them.  I clarified, none in the store.

I only bought a putty knife and a sponge because my hands were full at that point.  Had to use the self checkout as there was not a single cashier station open.


Oh no! No hand basket? How did you ever survive such tragedy?

/Most large stores have ditched handbaskets because they end up getting stolen, and people generally will buy more if they choose to use a shopping cart.
 
2019-04-11 02:10:42 AM  
They can all get jobs mining coal.
 
2019-04-11 02:24:59 AM  

themindiswatching: I wonder how much of this is due to the in-store experience being sh*tty enough that even the worst designed online store is better to some people.

/am a bit concerned that Amazon has most of the online shopping market though.


I bet it is some of it. After walking into Target and hoping they had pasta sauce I liked I grabbed the last two jars on the shelf. The place is often just out of stock. So I walked to the checkout. Two lanes open. The place was packed with customers. So I tried the self checkout. Nope! Not one bit of movement. I just didn't feel like standing there for who knows how long just to do something simple.

/ It's so crowded everywhere and out of stock seems the norm.
 
2019-04-11 08:03:28 AM  
The main reason for the shift, analysts say, is simple: Americans are increasingly shopping online private equity has loaded them with insurmountable debt, making it imppaaimpo to adjust to needed market changes.

FTFY
 
2019-04-11 08:42:26 AM  
Image 21:  Nordstrom

I think I know the reason for this one...

img.fark.netView Full Size
 
2019-04-11 09:19:05 AM  

MBZ321: TedCruz'sCrazyDad: Or anywhere else.  I went to Home Depot the other day, and they didn't have any hand baskets, I asked the door person and she told me the store was out of them.  I clarified, none in the store.

I only bought a putty knife and a sponge because my hands were full at that point.  Had to use the self checkout as there was not a single cashier station open.

Oh no! No hand basket? How did you ever survive such tragedy?

/Most large stores have ditched handbaskets because they end up getting stolen, and people generally will buy more if they choose to use a shopping cart.


I survived fine, but Home Depot lost sales.  Hand baskets were originally purchased to facilitate sales, but at some point they just gave up on that concept and decided to blame Amazon.

I assume shopping carts will be gone next as I often see homeless people with them.
 
2019-04-11 10:28:28 AM  

TedCruz'sCrazyDad: I assume shopping carts will be gone next as I often see homeless people with them.


How are these things connected?  That's been a stereotypical image since the 1980s.
 
2019-04-11 10:31:00 AM  
It's not really an apocalypse.  It's a slow death that will take a long time.  The tough part that Amazon and other online retailers are going to face is that there are still a lot of products we need to see and touch before we'll purchase them.  Clothing, especially.
 
2019-04-11 10:54:40 AM  

Pats_Cloth_Coat: They can all get jobs mining coal.


I came in here to make a different comment about coal.  Sears, as much of a failing joke as they are, still employs more people itself than the ENTIRE coal industry.  But for some reason, we have to always talk about saving coal jobs.
 
2019-04-11 11:54:12 AM  

Khellendros: TedCruz'sCrazyDad: I assume shopping carts will be gone next as I often see homeless people with them.

How are these things connected?  That's been a stereotypical image since the 1980s.


Private Equity does not allow retailers to purchase frivolous things like new shopping carts.
 
2019-04-11 12:16:56 PM  
Retail is overbuilt and housing is underbuilt.

There's a solution in here somewhere.
 
2019-04-11 12:18:08 PM  
I wish I could say, "Good; maybe they'll stop building goddamn strip malls everywhere", but they won't.
 
2019-04-12 12:10:35 AM  

jayphat: The main reason for the shift, analysts say, is simple: Americans are increasingly shopping online private equity has loaded them with insurmountable debt, making it imppaaimpo to adjust to needed market changes.

FTFY


Smart just for the "imppaaimpo", which even has Google going "Fark me, I got nuthin'."
 
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