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This is a continuation of the retail apocalypse that we have seen for the past years and will continue for the next decade. Commercial shopping centers and malls all across the country will crumble. In there place will spring up gyms organic grocers bounce house areas and ninja training facilities.
This also is about closures of chain outlets. Can the world survive without as many Walmarts and Old Navys and Bed Bath and Beyonds saturating every mall and every town? Yes. I think we'll manage.
Because -- and this seems to be big news to some people -- markets are rarely static, and never for long. They always chain. Modes of sales come and go.
I very rarely go shopping anymore. It’s so much easier to just clic the mouse.
I’m the opposite. Online shopping is rare and weird for me. Most of what I buy needs to have a touch and feel thing going on. Clothes especially, but also, if I’m dropping coin on something, it’s worth it to me to touch and feel the product beforehand, and maybe talk to a salesperson.
It’s not really a retail apocalypse. To me that would imply that retail is collapsing. From every indicator I’ve seen people are spending more money on retail than ever. It’s just a mode shift from brick and mortar to online. Brick and mortar is going through a correction right now after being over built. As others have pointed out, there are still new stores opening.
It’s not really a retail apocalypse. To me that would imply that retail is collapsing. From every indicator I’ve seen people are spending more money on retail than ever. It’s just a mode shift from brick and mortar to online. Brick and mortar is going through a correction right now after being over built. As others have pointed out, there are still new stores opening.
Well the retail brands that we know of are collapsing so it is an apocalypse for them.
Well the retail brands that we know of are collapsing so it is an apocalypse for them.
1) Really? The retail brands? As in, all of them? Because that's not true. CostCo? Target? Best Buy? Macy's? Ace? Gap? Staples? Bass Pro? Petco? They're not collapsing. Neither are thousands of others. Are some retailers failing? Of course. That's how markets work; it is always the case that some retailers are failing.
2) No, it is not a 'retail apocalypse' for those retailers that go out of business. That's not what the term 'retail apocalypse' means; it refers to the broad failure of an entire segment - retailers - of a market.
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