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Old 10-27-2008, 05:23 PM
 
Location: Not tied down... maybe later! *rawr*
2,689 posts, read 6,075,185 times
Reputation: 4320

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Quote:
Originally Posted by nitram View Post
Looks like the recession has taken a firm hold on the economy now.

Really? Or could it be that most of the stores mentioned didn't appeal to a mass quantity of the population so people quit buying there.

I can only speak for myself but the Mervyn's in our area sold some of the worst crap I've ever seen (a step below JC Penny.. .and lately, JC Penny's has gone waaaaaaay downhill). Places like Talbots and Ann Taylor are too expensive for what you're buying. I mean, no offense, but you can buy nice work clothes at Macy's for less. Places like CompUSA (which was nicknamed InCompitent USA out here), could never deliver on customer service, so people started gonig eleswhere. Places like Movie Gallery (never heard of them) are now competing with places like Half.com where you don't have to pay $24.99 for a brand new DVD.

And the examples could go on and on.
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Old 10-27-2008, 05:36 PM
 
Location: The 12th State
22,974 posts, read 57,222,084 times
Reputation: 14868
Quote:
Originally Posted by canibeyou View Post
Or Ebay!

Yeah, VillageLife, I liked Bombay's furniture. They also had a really great selection of clocks. LOL... that last sentence might be the most random sentence I've ever posted!
bombay went out last
a style i liked too
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Old 10-27-2008, 05:54 PM
 
Location: Out there somewhere...
38,677 posts, read 45,030,920 times
Reputation: 106703
[quote=canibeyou;5881210]Really? Or could it be that most of the stores mentioned didn't appeal to a mass quantity of the population so people quit buying there. NO, people have just stopped buying. If quality was the problem then why are people shopping more and more at the 99cent stores. Many quality stores are falling out of the market or about to.

US Now in Growth Recession, Full Blown Recession Tomorrow? :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website

Recession has been on for over a year now. Most people who didn't realize it before are now facing reality. It's all around you, businesses, home sales, foreclosures, bankruptcies, inflation out of control government spending, etc etc at all time highs.The US owes nearly 9 trillion dollars to foreign countries. The problems go on and on.
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Old 10-28-2008, 12:49 PM
 
Location: Not tied down... maybe later! *rawr*
2,689 posts, read 6,075,185 times
Reputation: 4320
I suppose if I listened to and believed the news media, I'd think there was a recession also.

Whew... good thing I don't! Guess we'll just continue carrying on as usual!
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Old 10-28-2008, 04:01 PM
 
Location: In my playhouse.
1,047 posts, read 2,459,105 times
Reputation: 1717
It is not lack of quality causing some of those stores to close. I love J. Jill and Macy's and some more on the list. So sad.

Let's pray for a miracle. If that many stores close I hate to think how many people will be out of work.
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Old 10-28-2008, 07:20 PM
 
Location: Not tied down... maybe later! *rawr*
2,689 posts, read 6,075,185 times
Reputation: 4320
Yeah.. thanks to whomever "reped" me.. but sorry... my family manages their money well and we haven't felt one bit of a recession here. Nothing about our lifestyle has changed (except cashin' in on the great shopping deals to be had! Woot!) even though the news media says we should be.

Dreamer? Nope... just good at math I guess... which is completely hysterical if you knew me and math, but apparently I'm better at it than some! Maybe it's just the luck of the draw... cuz I laugh whenever I say I can do math. Eh... hardly shop retail any more anyways, perhaps that's another reason the stores closing are no huge deal to me???

Eh... who knows.

Thanks for the rep points any ways!

And, FTR, politics is an area I don't discuss publicly... but thanks for voicing your views in my rep comment section.
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Old 10-29-2008, 02:31 AM
 
Location: very near Georgetown, KY
197 posts, read 664,767 times
Reputation: 122
All I can say to all of this is:

THANK YOU, ZEUS! I am sick ... to ... death of corporate stores running mom-and-pop shops out of business. Since corporations are figuring out that it just doesn't pay to open up stores everywhere, maybe this will give the little guy a chance. Maybe???
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Old 10-29-2008, 03:38 AM
 
Location: Under the SUNNY WARM SUN ....
14,939 posts, read 10,006,042 times
Reputation: 17529
Quote:
Originally Posted by TheTransientTranny View Post
All I can say to all of this is:

THANK YOU, ZEUS! I am sick ... to ... death of corporate stores running mom-and-pop shops out of business. Since corporations are figuring out that it just doesn't pay to open up stores everywhere, maybe this will give the little guy a chance. Maybe???

GREAT post!
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Old 10-29-2008, 03:52 AM
 
1,492 posts, read 6,776,213 times
Reputation: 1419
Gift cards - never cared for them.

I feel it's a gift to the store, not the receiving party. Basically you are telling them...here is a gift but you must shop at the store I've chosen for you...thus benefiting the store.

Oh, I know, I know...there are many great stores with all kinds of cool stuff. But let's face it, a 50 dollar bill says more to me than a 50 dollar ________ (fill in the blank) gift card.
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Old 10-29-2008, 03:54 PM
 
Location: Atlanta suburb
4,728 posts, read 8,894,063 times
Reputation: 3450
[quote=nitram;5881693]
Quote:
Originally Posted by canibeyou View Post
Really? Or could it be that most of the stores mentioned didn't appeal to a mass quantity of the population so people quit buying there. NO, people have just stopped buying. If quality was the problem then why are people shopping more and more at the 99cent stores. Many quality stores are falling out of the market or about to.

US Now in Growth Recession, Full Blown Recession Tomorrow? :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website

Recession has been on for over a year now. Most people who didn't realize it before are now facing reality. It's all around you, businesses, home sales, foreclosures, bankruptcies, inflation out of control government spending, etc etc at all time highs.The US owes nearly 9 trillion dollars to foreign countries. The problems go on and on.
You know, too many people have their heads buried in the sand right now. Sure, with good planning, frugal spending, and putting off not-so-necessary purchases, one might not feel a terrible pinch on his/her budget right now.

But, as Nitram pointed out, our economy has been easing down the crapper for the past year and now suddenly, it has really taken a massive fall.

This is not a US problem. This not-so-disguised recession and failure of the economic balance is happening worldwide. That is what makes it such a desperate situation right now. Banks, international companies and the Mom and Pop's are all feeling the terrible blow to the consumer spending power. Quality doesn't even enter into the equation - affordability does, but soon, that won't even matter.

Time to face the facts, folks. This is going to be a long and tough road for all - even the good shoppers. Eventurally even the Dime stores will be closing up shop.

Thanks for posting that list of stores, VillageLife. I had no idea that some of these stores were in the process of closing and taking down the awnings.
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