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Old 03-01-2019, 11:17 AM
 
24,949 posts, read 17,564,800 times
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JCPenney, Gap, and Victoria's Secret all announce store closures. Telsa announced it will be closing some shop locations as well.


https://www.businessinsider.com/jcpe...losures-2019-2
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Old 03-01-2019, 11:39 AM
 
Location: The Triad (NC)
31,410 posts, read 70,025,723 times
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Quote:
Originally Posted by BugsyPal View Post
JCPenney, Gap, and Victoria's Secret all announce store closures. Telsa announced it will be closing some shop locations as well.


https://www.businessinsider.com/jcpe...losures-2019-2
Ain't Amazon great!
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Old 03-01-2019, 11:52 AM
 
Location: Boston
15,449 posts, read 4,652,205 times
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yawn ... all poorly run businesses, mostly part-timers, they should have no problem finding other store clerk jobs
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Old 03-01-2019, 04:45 PM
 
Location: East of Seattle since 1992, originally from SF Bay Area
34,187 posts, read 62,206,983 times
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Meanwhile, Costco, Target, TJMaxx, Whole Foods, Nordstrom, Old Navy, and even Barnes and Noble have announced new stores in 2019.

Stores open and stores close all the time, those that make it keep up with changing technology and customer preferences.
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Old 03-01-2019, 07:50 PM
 
Location: Cebu, Philippines
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Last time I was in a mall, I glanced inside some of the stores. Most had only one yawning clerk and no customers at all.
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Old 03-01-2019, 09:55 PM
 
Location: Ohio
22,798 posts, read 16,020,549 times
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Quote:
Originally Posted by BugsyPal View Post
JCPenney, Gap, and Victoria's Secret all announce store closures. Telsa announced it will be closing some shop locations as well.
Quote:
Originally Posted by MrRational View Post
Ain't Amazon great!

Amazon has nothing to do with it. JC Penny and GAP have been on a downward trend for years and years.


I haven't been to either store in nearly two decades, and there's no reason for me to go, since there are so many alternatives.


There's not a lot of difference between GAP jeans made in Mexico, and Target, Wal-Mart, Steinmart, Marshall's and TJ Max jeans made in Mexico.


I can't speak about Victoria's Secrets, except to say that I would never shop there, since there are so many cheaper alternatives of equal or greater quality.

Tesla speaks for itself. It's a poor product that is over-priced, and the Chinese will probably blow Tesla out of the water anyway.
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Old 03-01-2019, 10:01 PM
 
18,094 posts, read 15,780,305 times
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VS quality has been going downhill, the VS of years ago, is not the same now. I know this through my wife who use to shop their regularly, but now says the quality is just horrible and not worth the cost at all.
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Old 03-01-2019, 10:21 PM
 
3,374 posts, read 1,075,834 times
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Quote:
Originally Posted by BugsyPal View Post
JCPenney, Gap, and Victoria's Secret all announce store closures. Telsa announced it will be closing some shop locations as well.


https://www.businessinsider.com/jcpe...losures-2019-2

I haven't left my house in over 5 years because I order everything off Amazon. My house, my car, my pets, and my lover all came with 2-day Prime shipping. One delivery was 15 minutes late so I called and complained to Amazon and they sent me a second lover free of charge! Is this such a bad thing if Amazon is the only business left on planet Earth? Every business still standing today could be converted to an Amazon warehouse. 2-day shipping is so #2018.
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Old 03-01-2019, 10:25 PM
 
Location: Oregon, formerly Texas
7,159 posts, read 4,739,471 times
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Amazon is not a significant player in the apparel space...yet.

It is not responsible for Gap or Victoria Secret's decline which has been happening long before Amazon made play for clothing. The aftermath of the recession and subsequent changes in consumer behavior are responsible for that. People buy clothes now from discounters like TJ Maxx and Ross and Target, or from retailers that have focused on becoming leaner and more hip like Kohl's.

JC Penney's has been a poorly run company for over 10 years.

Last edited by redguard57; 03-01-2019 at 10:46 PM..
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Old 03-01-2019, 10:43 PM
 
24,534 posts, read 10,011,479 times
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Quote:
Originally Posted by MrRational View Post
Ain't Amazon great!
It is awesome.
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