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Old 04-09-2009, 12:32 PM
 
Location: Somewhere in America
12,304 posts, read 10,706,868 times
Reputation: 20540

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Quote:
Originally Posted by ClevelandMike View Post
Concord Mills (NC #1 Attraction) lost 7-8 tenants in the past several months.
What left Concord Mills? Just wondering in case it's the stores I plan on visiting on my vacation.

Note to self do NOT EVER go there during race weekend! Learned that lesson my first trip down there. There should be warning signs about it taking 2 hours to move 10 feet in the parking lot.
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Old 04-09-2009, 09:41 PM
 
Location: Asheville
343 posts, read 573,969 times
Reputation: 284
I lost my job due to the economy. I worked at the HD Design Center. Loved my job there.
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Old 04-10-2009, 04:57 AM
 
Location: Charlotte, NC
7,041 posts, read 13,105,221 times
Reputation: 2323
Quote:
Originally Posted by chrharris View Post
I lost my job due to the economy. I worked at the HD Design Center. Loved my job there.
So sorry. Hope that you are able to find work soon.
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Old 04-10-2009, 04:58 AM
 
Location: Charlotte, NC
7,041 posts, read 13,105,221 times
Reputation: 2323
Quote:
Originally Posted by ss20ts View Post
What left Concord Mills? Just wondering in case it's the stores I plan on visiting on my vacation.

Note to self do NOT EVER go there during race weekend! Learned that lesson my first trip down there. There should be warning signs about it taking 2 hours to move 10 feet in the parking lot.
One thing about Concord Mills, they always seem to find new tenants...
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Old 04-10-2009, 11:37 AM
 
Location: Somewhere in America
12,304 posts, read 10,706,868 times
Reputation: 20540
Quote:
Originally Posted by chicagocubs View Post
One thing about Concord Mills, they always seem to find new tenants...
They probably has a waiting list of retailers interested. The largest mall in my area was like that once and now it's about 1/4 empty. It got too big for it's britches.
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Old 04-10-2009, 11:43 AM
 
1,474 posts, read 3,367,303 times
Reputation: 2637
What is the deal with all of the Quiznos? I tried to eat lunch there last week. First tried the one on Park Rd/ Selwyn Terrace - it looked closed for good, with boxes stacked in one window. Then went to one on South Blvd in South End - sign on door said they were closed because the oven was broke. Finally checked out the one on East Blvd in Dilworth - definitely closed down, the place was empty. Are they all going out of business?
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Old 04-10-2009, 12:21 PM
 
63 posts, read 252,310 times
Reputation: 40
Don't ever buy a Quiznos franchise. There are nightmare stories all over the internet about it. Seems corporate is only looking out for themselves and not the franchisee.
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Old 04-14-2009, 12:11 PM
DV8
 
30 posts, read 130,403 times
Reputation: 21
Quote:
Originally Posted by Robin2007 View Post
I guess it had more to do w/ a Territory Lawsuit vs. business being slow.
So is that the going rumor now? Interesting



Quote:
Originally Posted by Wookie21 View Post
Don't ever buy a Quiznos franchise. There are nightmare stories all over the internet about it. Seems corporate is only looking out for themselves and not the franchisee.
With very, very few exceptions, all Franchises are only interested in themselves and not the franchisees.
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Old 04-14-2009, 03:57 PM
 
61 posts, read 98,749 times
Reputation: 66
There was talk earlier in the year that Gap, Sears and Kmart are in trouble. Sears and Kmart is suppose to be in serious trouble after 2009 if this economic downturn continues.
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Old 04-14-2009, 04:36 PM
 
Location: Somewhere in America
12,304 posts, read 10,706,868 times
Reputation: 20540
Quote:
Originally Posted by runninginheels View Post
There was talk earlier in the year that Gap, Sears and Kmart are in trouble. Sears and Kmart is suppose to be in serious trouble after 2009 if this economic downturn continues.
Sears and Kmart have been having financial problems for years. That isn't anything new. For some insane reason Sears bought Kmart while they both were struggling. Made no since to lots of financial people, but they did it anyway. Neither one of them is well of financially and it's not because of the current economic crisis. It's making it worse and the media seems to be running around trying to find gloom and doom financial news every day.

The Gap also started having financial problems before this economic mess as well. They were already closing stores.

Only the best of the best will survive. There's more than enough clothing stores around and so many sell similar things. Part of that is that one company owns 5 different stores.

Retailers come and go all the time. You're seeing a lot of them all at once right now. And many of them had MAJOR problems long before the crisis - Circuit City and Linens n' Things come to mind. When times were booming, they were struggling. Building new stores at the pace they were both going at is very expensive. Circuit City opened up a store near me about 6 - 8 weeks before they closed all of them. Why did they build that one? They knew they were already in hot water. Tax write off!
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