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Old 02-20-2013, 08:34 PM
 
Location: Grove City, Ohio
10,128 posts, read 12,376,133 times
Reputation: 13936

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Interesting.

Must be Recovery Summer coming up.

Retail Apocalypse: Why Are Major Retail Chains All Over America Collapsing?
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Old 02-20-2013, 08:42 PM
 
32,407 posts, read 16,605,334 times
Reputation: 17433
Couldn't be this newfangled InterWebs thing, could it?
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Old 02-20-2013, 08:43 PM
 
6,156 posts, read 4,146,785 times
Reputation: 1513
Quote:
Originally Posted by Dane_in_LA View Post
Couldn't be this newfangled InterWebs thing, could it?
Yeah, that's what I was thinking.

Progress!
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Old 02-20-2013, 08:46 PM
 
11,780 posts, read 8,587,835 times
Reputation: 3425
I hope you aren't relying on a blog for investment advice.
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Old 02-20-2013, 08:47 PM
 
78,764 posts, read 33,515,967 times
Reputation: 15776
Yes, the internet is playing a big role. It's the natural progression of things. The economy is still far behind the gains of the governments darling the stock market but online sales especially for electronics is really hurting stores like Radio Shack.
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Old 02-20-2013, 08:47 PM
 
21,483 posts, read 13,680,648 times
Reputation: 5948
Will hurt the poor the most.
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Old 02-20-2013, 08:48 PM
 
1,179 posts, read 1,306,627 times
Reputation: 822
Are internet sales up? Don't these stores sell online? Are the bricks and mortar stores closing or are the businesses going under completely?

Maybe they are buying online to avoid sales tax.
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Old 02-20-2013, 08:50 PM
 
Location: 500 miles from home
29,990 posts, read 16,586,324 times
Reputation: 22557
I can tell you that I'm not spending my money at any of those places. Most middle class people that I know aren't doing much shopping these days ~ period.
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Old 02-20-2013, 08:52 PM
 
Location: Portland, Oregon
46,053 posts, read 29,504,059 times
Reputation: 7830
It makes more sense these days to have a select number of brick and mortar store that is allows a store to sell online and be able to ship from key locations in the US. The internet is going to change how retail functions in the world.
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Old 02-20-2013, 09:01 PM
 
5,920 posts, read 4,538,896 times
Reputation: 6613
I have no idea how Radio Shack is still in business.
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