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The retail companies are killing their brick and mortar stores. They bring in less merchandise, less assortment...less of everything. I am also convinced that in 10-15 years retail will become much an online business. These part time/low paid jobs will mostly disappear.
The second industry to suffer s similar fate will be fast food.
That means disaster for millions of low paid folks.
Specialty stores are hurting real bad. Especially camera stores. DSLR and their lenses are expensive. Unless I'm feeling nice and want to help out local business no way I would buy it local. Go online and get it shipped free with no tax. On a $1,000 item that's quite a bit of savings.
I was reading an article about several retailers laying off quite a few people.
I don't think it's the economy. I think it's the way stores are doing business.
For example, last Saturday I needed to buy a new man's wallet. I went to Dillards and Macys and found just what I wanted...if I wanted brown. Macys had a dozen of the exact wallet I wanted in brown, but not a single one in black. Yes, I am fussy about some purchases. So, what did I do? Continue to drive around to different stores? No, I went home, got on Amazon, and bought exactly the wallet in style and color that I wanted. And I was doing so, I thought about how often this has been occurring in the past couple of years. I've gone from buying mostly only CDs and DVDs online, to buying many different things online...due to stores not carrying a variety of sizes, colors, styles...where online I can find almost anything I want.
You folks finding the same thing?
It has been about 10 years since I went to a mall to do any kind of shopping. I buy everything online. It helps, though, that I no longer need work clothes since I'm retired.
Online is so much easier and quicker and way more selection. But I'm still trying to learn how to save on shipping. So far it's 1) look for shipping deals and 2) do a single purchase of all items in the same category from the same shipper. e.g. Don't buy 4 books from Amazon and 3 books from Barnes. Or 4 books from one Amazon supplier and the other 3 from a different Amazon supplier. (I tried Prime but it wasn't practical for me).
The retail companies are killing their brick and mortar stores. They bring in less merchandise, less assortment...less of everything. I am also convinced that in 10-15 years retail will become much an online business. These part time/low paid jobs will mostly disappear.
The second industry to suffer s similar fate will be fast food.
That means disaster for millions of low paid folks.
agree with part 1
fast food can't be mailed, it will be around for years to come.
Specialty stores are hurting real bad. Especially camera stores. DSLR and their lenses are expensive. Unless I'm feeling nice and want to help out local business no way I would buy it local. Go online and get it shipped free with no tax. On a $1,000 item that's quite a bit of savings.
Wolf and Ritz camera were destroyed by online shopping. Think about it, camera guys are nerdy, they certainly know their way around the internet. Soccer moms would buy stuff at Costco and then digital photography destroyed their premium photo processing departments.
Mall rents are rising, employee costs are at an all time high and margins were crushed..... = retail fail
I do almost all shopping online, except for groceries, which I buy locally.
I figure, the UPS trucks are already making their rounds, so I'm not going to waste my gas, oil, and tire tread by trekking to the (dispiriting, depressing) mall.
The retail clothing shops are staffed by children (early 20s) who don't know their derrieres from a hole in the ground. The Nordstrom and L.L. Bean websites don't charge for shipping. I'm fine about paying state sales tax.
Co-incinentally, this is my last day of Amazon Prime. I won't be re-upping; they don't need any more money.
Specialty stores are hurting real bad. Especially camera stores. DSLR and their lenses are expensive. Unless I'm feeling nice and want to help out local business no way I would buy it local. Go online and get it shipped free with no tax. On a $1,000 item that's quite a bit of savings.
I've actually bought my last 2 DSLR cameras back at a camera store because they matched the online prices and then there's customer service.
Malls are fun sometimes, except around the holidays. You can't try on stuff online - you could try it on when they send it to you, then if it doesn't fit send it back. Even online is time consuming and not as fun, but it's convenient especially around the holidays when you don't want to have to suffer from standing in a long line and facing the hordes of shoppers.
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