Article on Detroit and Retailers Leaving (to buy, bankruptcy, closing)

[jjbradleynyc]

This article caught my eye on Yahoo this morning. Are retailers fleeing as quickly as the article makes it sound like they are? I certainly hope not. Maybe this will make room for more mom and pop style stores in Detroit. See link below for article:

retailers-head-for-exits-in-detroit.html: Personal Finance News from Yahoo! Finance

[Coldjensens]

This is an idiotic article.

"Recently" detroit residents find it difficult to buy groceries? Nothing has changed "recently" that I know of. The same lack of grocery stores as was present ten years ago is still the case, but there are some places to buy groceries. Eastern Market for example is the largest outdoor market in (somewhere, the US?) The article fails to mention that everyone does in fact get groceies and have done so for year and years even if they do not have a car.

There has been little retail in downtown Detroir for years, This is nothing new or dramatic. One store and one coffeee shop closing is hardly national news. The problems that the article describes are old and have been around long before GM considered bankruptcy. These are problems that existed even during good economic times.

Borders closure was a blow, that is true, but it is hardly the drama that the article makes out. The loss of one coffee shop is not a big deal at all. There are still a lot of coffee shops around. Although you cannot by a chrysler downtown, there is a ford dealership. I am not sure about GM. What major cities have a lot of car dealerships?

Yes, things are really bad economically in Detroit, but media idiots making up hype to make it seem worse than it is are really getting annoying. What a doofus this guy is. Maybe he should have visited the City before writing th article. Or possibly researched the histopry on the internet. Or he could have just come on CD and asked. .

[kmahoney]

Coldjensen.
Because this is status quo you call the article stupid? This is worse than any economic situation of any russian town during the cold war. When the great union gets the car czar to build some hugo's I'm sure the great "Change" will come

[zthatzmanz28]

Originally Posted by kmahoney

Coldjensen.
Because this is status quo you call the article stupid? This is worse than any economic situation of any russian town during the cold war. When the great union gets the car czar to build some hugo's I'm sure the great "Change" will come

And life goes on...but what kind of life is it?

[zakian]

Originally Posted by Coldjensens

This is an idiotic article.

"Recently" detroit residents find it difficult to buy groceries? Nothing has changed "recently" that I know of. The same lack of grocery stores as was present ten years ago is still the case, but there are some places to buy groceries. Eastern Market for example is the largest outdoor market in (somewhere, the US?) The article fails to mention that everyone does in fact get groceies and have done so for year and years even if they do not have a car.

There has been little retail in downtown Detroir for years, This is nothing new or dramatic. One store and one coffeee shop closing is hardly national news. The problems that the article describes are old and have been around long before GM considered bankruptcy. These are problems that existed even during good economic times.

Borders closure was a blow, that is true, but it is hardly the drama that the article makes out. The loss of one coffee shop is not a big deal at all. There are still a lot of coffee shops around. Although you cannot by a chrysler downtown, there is a ford dealership. I am not sure about GM. What major cities have a lot of car dealerships?

Yes, things are really bad economically in Detroit, but media idiots making up hype to make it seem worse than it is are really getting annoying. What a doofus this guy is. Maybe he should have visited the City before writing th article. Or possibly researched the histopry on the internet. Or he could have just come on CD and asked. .

We have 9, NINE auto plants CLOSING. What do you fail to see? Support all those ppl. HELLO>......

[PaulBe]

Maybe I am the last one who should comment but a drive around downtown Detroit, Indian Village and
Woodward Ave. almost up to 8 Mile makes me think there are a lot of grocery and basic stores. Downtown looked to be a an upscale retail area.

[Jimmy_Two_Times]

Originally Posted by PaulBe

Maybe I am the last one who should comment but a drive around downtown Detroit, Indian Village and
Woodward Ave. almost up to 8 Mile makes me think there are a lot of grocery and basic stores. Downtown looked to be a an upscale retail area.

What upscale retail are you referring to exactly? There's certainly no Armani, Prada, Gucci, Hugo Boss, Rolls Royce, Tiffany, Chanel, etc. in downtown Detroit. So which stores are you talking about?

[Jwo85]

Originally Posted by Jimmy_Two_Times

What upscale retail are you referring to exactly? There's certainly no Armani, Prada, Gucci, Hugo Boss, Rolls Royce, Tiffany, Chanel, etc. in downtown Detroit. So which stores are you talking about?

That would be bad*** if Downtown had that either along Washington or Woodward.

[Coldjensens]

Originally Posted by kmahoney

Coldjensen.
Because this is status quo you call the article stupid? This is worse than any economic situation of any russian town during the cold war. When the great union gets the car czar to build some hugo's I'm sure the great "Change" will come

No. I call it stupid becuase it attempts to create the appearance that this is something new. They report this as if it is something that just happened, or as if it is unique. It is neither. It has been this way for decades, why is that news? People have managed to live with the situation. There is no news here. So a city has no grocery stores. Lots of people have to drive five or ten miles to get to a grocery store. This is nto news, it is merely hyped negativity designed to make Detroit look as bad as possible becuase it is very populat witht he press to tell everyone how horrid it is in Detroit and they always exaggerate or focus on particulary bad areas/aspects of the city. For whatever reason, the media wants people to believe that Detroit is the worst city ont eh planet. Maybe they think it makes people feel better if they do nto live here, but that does nto chang ethe fact that his article is misleading and foolish.

[Jimmy_Two_Times]

Originally Posted by Jwo85

That would be bad*** if Downtown had that either along Washington or Woodward.

Woodward was once a great retail street. I have older relatives in suburban Detroit that have told me about what it used to be like. These days it's news if the street can land a new drug store. It's sad what has become.