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Old 11-04-2017, 04:09 PM
 
230 posts, read 277,439 times
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Quote:
Originally Posted by Fifty Percent Off View Post
Like many variables (and people on the bus), this one goes up and down.
Yes but in the past weakness in this sector was a sign that a recession was about to begin as shown in the first chart.
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Old 11-05-2017, 12:07 AM
 
8,377 posts, read 7,365,888 times
Reputation: 18244
Wake up. Retail stores are doing just fine.

Sales are up over last year.

https://tradingeconomics.com/united-states/retail-sales

And more retail stores are opening than closing.

https://www.forbes.com/sites/richard.../#d004b963447f

People read stores are closing and think this is terrible. Fact more stores are opening than closing.

Every year major stores close old outmoded stores when their leases expire as shopping has moved to a newer area of the city, and they like new bright stores.

On line shopping is not killing the retail business as a lot of people think.
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Old 11-05-2017, 03:10 AM
 
64,577 posts, read 66,129,695 times
Reputation: 43003
Quote:
Originally Posted by NorthernSkysGuy View Post
A lot of these stores work lean and it backfires.
I took my wife to 2 stores to buy her something. No one was at the counter of either store.

I can go online and get the same item cheaper and not have to beg someone to help me.
agree . i was so sorry i stopped in to a popular chain of failing book stores . one check out person and a long line . i put my books back and left .
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Old 11-05-2017, 02:05 PM
 
2,240 posts, read 1,386,969 times
Reputation: 4894
Quote:
Originally Posted by oldtrader View Post
Wake up. Retail stores are doing just fine.

Sales are up over last year.

https://tradingeconomics.com/united-states/retail-sales

And more retail stores are opening than closing.

https://www.forbes.com/sites/richard.../#d004b963447f

People read stores are closing and think this is terrible. Fact more stores are opening than closing.

Every year major stores close old outmoded stores when their leases expire as shopping has moved to a newer area of the city, and they like new bright stores.

On line shopping is not killing the retail business as a lot of people think.
It's because the retailers that are failing are blue chips that dominated the mall space as anchors for decades. JC PENNY, sears, Kmart, and Macy. They are icons.

It makes me sad walking through these stores. It's literally like going to a time capsule to the past. They're empty and outdated. It's almost eerie.

The online shopping is only one part of why they're failing. Their failures are already poured over in business school long before they will even file bankruptcy. It certainly has accelerated it though. Price transparency is devastating.

You can't change the perception that retail is failing when names like that are going down.
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Old 11-08-2017, 07:47 AM
 
Location: East of Seattle since 1992, originally from SF Bay Area
28,392 posts, read 50,582,032 times
Reputation: 28622
Quote:
Originally Posted by Thatsright19 View Post
It's because the retailers that are failing are blue chips that dominated the mall space as anchors for decades. JC PENNY, sears, Kmart, and Macy. They are icons.

It makes me sad walking through these stores. It's literally like going to a time capsule to the past. They're empty and outdated. It's almost eerie.

The online shopping is only one part of why they're failing. Their failures are already poured over in business school long before they will even file bankruptcy. It certainly has accelerated it though. Price transparency is devastating.

You can't change the perception that retail is failing when names like that are going down.
It is a fact that retail sales are up, and many new ones are opening, the problem is that the growth is sales lags far behind the increases in population, and costs of doing business. Modest increases in overall sales cannot sustain a retail company, they need have big growth to keep up. We recently went to a local high-end mall that didn't renew the lease with JC Penney, because they wanted to add more parking, a new restaurant and a 365 market. Penneys was always like a ghost town, while the designer retail stores were busier. That whole department store model is just outdated and doomed to failure, even without the online competition. People now prefer going to specialty stores where they have more options for the item they are looking for, in a smaller setting with more attention given to them. Wandering all over a giant department store and then having to hunt for a cashier to pay is wasting a lot of time, and there is little patience these days with the apparent need for instant gratification.
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Old 12-24-2017, 10:24 AM
 
Location: East of Seattle since 1992, originally from SF Bay Area
28,392 posts, read 50,582,032 times
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Another sign that retail jobs are going away.

Kroger lets customers check out without registers or cashiers - Business Insider
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Old 12-24-2017, 11:08 AM
 
Location: Myrtle Creek, Oregon
11,048 posts, read 11,460,740 times
Reputation: 17206
Quote:
Originally Posted by Thatsright19 View Post
It's because the retailers that are failing are blue chips that dominated the mall space as anchors for decades. JC PENNY, sears, Kmart, and Macy. They are icons.

It makes me sad walking through these stores. It's literally like going to a time capsule to the past. They're empty and outdated. It's almost eerie.

The online shopping is only one part of why they're failing. Their failures are already poured over in business school long before they will even file bankruptcy. It certainly has accelerated it though. Price transparency is devastating.

You can't change the perception that retail is failing when names like that are going down.
It's an example of MBA business models. They converted Sears from a mail order giant to a brick and mortar department store, then were totally oblivious when Amazon ate their lunch. Buying KMart was just doubling down on a losing hand. They could be selling the 2" thick Sears & Roebuck Catalog for $20, with online specials. Nobody ever ordered out of the catalog anyway, you just waited until it went on sale in the monthly sale catalog. Sears is being run by yahoos who never bought anything from Sears in their life.
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Old 12-24-2017, 01:39 PM
 
64,577 posts, read 66,129,695 times
Reputation: 43003
Quote:
Originally Posted by Pub-911 View Post
Hmmm. Is that 6,100 jobs lost (seasonally adjusted) out of something around 15,000,000? If so, that might well be a noise record. I note that a further 2,100 jobs were lost (seasonally adjusted) in wholesale trade. Perhaps trade in general is coming to an end?
how many farmers did we lose when the industrial revolution began .


times change , jobs change and the way we do things change . always did .
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Old 12-24-2017, 11:29 PM
 
4,725 posts, read 2,255,657 times
Reputation: 8759
Quote:
Originally Posted by Irco View Post
a sign that a recession was about to begin as shown in the first chart.
You've done plenty of squawking about recessions that are about to begin, and don't appear to ever be right despite lovely charts.

Here you are back in 2016:
Quote:
Originally Posted by Irco View Post
historically speaking we will see another recession starting later this year or next year. Below are a few charts on the Unemployment rate and Initial Claims.
If you could use charts as evidence of a recession starting later in 2016 or 2017, and the economy was just fine, how are you so certain that your ability interpret charts to predict recessions has improved?

Maybe you can pull a Peter Schiff and keep on predicting it every year until it happens.
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Old 12-24-2017, 11:41 PM
 
2,187 posts, read 1,533,535 times
Reputation: 2052
Before you know it, online shopping would be the only option exist. The next phase would be, online ordering for in-person pick up with a valid government issued ID and verifiable through whatever system they decided to use.
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