Dick's CEO: "The Retail Industry Is In Panic Mode"

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SteveFoerster
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by SteveFoerster » Fri Nov 30, 2018 6:39 pm

Milo wrote:
Tue Nov 27, 2018 12:28 pm
Black Friday has become a 'ghost town' for Sears as the retailer tries to make it through to another holiday season

The pictures must be very hard to look at if you work there!

https://www.cnbc.com/2018/11/23/black-f ... vival.html
The mall near where I used to live has entirely closed except for a Sears that apparently intends to limp to the end of December. But I can't imagine it will still be there in 2019.

Incidentally, this is Landmark Mall in Alexandria, Virginia, which had an encore this summer as a filming location for the upcoming Wonder Woman sequel. Apparently the film is set in the '80s, which was roughly when that mall was last an exciting place, so I suppose that fits.
Writer, technologist, educator, gadfly.
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Milo
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Milo » Sat Feb 16, 2019 11:11 am

Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year.

The Topeka, Kansas-based chain said Friday it will hold liquidation sales starting Sunday and wind down its e-commerce operations. All of the stores will remain open until at least the end of March and the majority will remain open until May.
https://www.ctvnews.ca/mobile/business/ ... -1.4300054

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Doc
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Doc » Mon Feb 18, 2019 2:00 am

Milo wrote:
Sat Feb 16, 2019 11:11 am
Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year.

The Topeka, Kansas-based chain said Friday it will hold liquidation sales starting Sunday and wind down its e-commerce operations. All of the stores will remain open until at least the end of March and the majority will remain open until May.
https://www.ctvnews.ca/mobile/business/ ... -1.4300054
I wonder if the pendulum will ever swing the other way? It seems more and more like the tech giants are the new robber barons.
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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Milo
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Milo » Mon Feb 18, 2019 11:10 pm

Doc wrote:
Mon Feb 18, 2019 2:00 am
Milo wrote:
Sat Feb 16, 2019 11:11 am
Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year.

The Topeka, Kansas-based chain said Friday it will hold liquidation sales starting Sunday and wind down its e-commerce operations. All of the stores will remain open until at least the end of March and the majority will remain open until May.
https://www.ctvnews.ca/mobile/business/ ... -1.4300054
I wonder if the pendulum will ever swing the other way? It seems more and more like the tech giants are the new robber barons.
The question for me is how many younger people will shop retail.

This will never swing the other way if they won't.

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Doc
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Doc » Mon Feb 18, 2019 11:19 pm

Milo wrote:
Mon Feb 18, 2019 11:10 pm
Doc wrote:
Mon Feb 18, 2019 2:00 am
Milo wrote:
Sat Feb 16, 2019 11:11 am
Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year.

The Topeka, Kansas-based chain said Friday it will hold liquidation sales starting Sunday and wind down its e-commerce operations. All of the stores will remain open until at least the end of March and the majority will remain open until May.
https://www.ctvnews.ca/mobile/business/ ... -1.4300054
I wonder if the pendulum will ever swing the other way? It seems more and more like the tech giants are the new robber barons.
The question for me is how many younger people will shop retail.

This will never swing the other way if they won't.
My guess is not as many as will subsistence farm.
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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Milo
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Milo » Tue Feb 19, 2019 7:54 am

Doc wrote:
Mon Feb 18, 2019 11:19 pm
Milo wrote:
Mon Feb 18, 2019 11:10 pm
Doc wrote:
Mon Feb 18, 2019 2:00 am
Milo wrote:
Sat Feb 16, 2019 11:11 am
Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year.

The Topeka, Kansas-based chain said Friday it will hold liquidation sales starting Sunday and wind down its e-commerce operations. All of the stores will remain open until at least the end of March and the majority will remain open until May.
https://www.ctvnews.ca/mobile/business/ ... -1.4300054
I wonder if the pendulum will ever swing the other way? It seems more and more like the tech giants are the new robber barons.
The question for me is how many younger people will shop retail.

This will never swing the other way if they won't.
My guess is not as many as will subsistence farm.
I wonder if a lot of land is being freed up for that!

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Doc
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Doc » Tue Feb 19, 2019 2:18 pm

Milo wrote:
Tue Feb 19, 2019 7:54 am
Doc wrote:
Mon Feb 18, 2019 11:19 pm
Milo wrote:
Mon Feb 18, 2019 11:10 pm
Doc wrote:
Mon Feb 18, 2019 2:00 am
Milo wrote:
Sat Feb 16, 2019 11:11 am
Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year.

The Topeka, Kansas-based chain said Friday it will hold liquidation sales starting Sunday and wind down its e-commerce operations. All of the stores will remain open until at least the end of March and the majority will remain open until May.
https://www.ctvnews.ca/mobile/business/ ... -1.4300054
I wonder if the pendulum will ever swing the other way? It seems more and more like the tech giants are the new robber barons.
The question for me is how many younger people will shop retail.

This will never swing the other way if they won't.
My guess is not as many as will subsistence farm.
I wonder if a lot of land is being freed up for that!
Probably not these people would be considered to be of marginal value to the folks running things.
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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Milo
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Milo » Sat Jul 13, 2019 6:14 pm

As a result of the retail implosion, enterprising YouTubers are promoting the dead mall chronicles genre!


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