Retail Earthquake: All These Big-Name Stores Closing

[longknife]

How many of these have you seen in your town? There are far too many here in Vegas.


Macy's – JCPennyey and others.


Why? Simple. The ease and discounts of buying on-line,


Short piece with links to others @ Prison Planet.com Retail Earthquake All These Big-Name Stores Closing

 

[peach174]

How many of these have you seen in your town? There are far too many here in Vegas.


Macy's – JCPennyey and others.


Why? Simple. The ease and discounts of buying on-line,


Short piece with links to others @ Prison Planet.com Retail Earthquake All These Big-Name Stores Closing

Macy's, J.C. Penney and others all have on line shopping too.
It's the mis-management of their CEO's.

 

[william the wie]

Very old news as in Montgomery Wards and Circuit City left the building long ago.

 

[EdwardBaiamonte]

It's the mis-management of their CEO's.

very very stupid!! If you or anyone on earth could point out the mismanagement to owners you could be a consultant for $100,000/hour.

 

[peach174]

It's the mis-management of their CEO's.

very very stupid!! If you or anyone on earth could point out the mismanagement to owners you could be a consultant for $100,000/hour.

Yet those with great CEO's are doing fairly well to excellent.

 

[EdwardBaiamonte]

It's the mis-management of their CEO's.

very very stupid!! If you or anyone on earth could point out the mismanagement to owners you could be a consultant for $100,000/hour.

Yet those with great CEO's are doing fairly well to excellent.

dear, if you could identify a great CEO you could make millions per hour

 

[Iceweasel]

I expect Sears to be on the list soon, with their K-Marts. I would think clothes stores would still do OK, it would be a pain to buy clothes online.

 

[EdwardBaiamonte]

I expect Sears to be on the list soon, with their K-Marts. I would think clothes stores would still do OK, it would be a pain to buy clothes online.

yes Sears has been in decline forever. Even they could not make the transition to the internet despite all the experience they had with their catologue. It shows how fragile most business franchises really are.

 

[MarcATL]

These Corporate mammoths are simply too sluggish and way too top-heavy. Instead of catering to their customers they're catering to their investors. It never works and they never learn. Them going bust is simply the market at work. Good riddance to bad rubbish.

 

[EdwardBaiamonte]

. Instead of catering to their customers they're catering to their investors.

any evidence of that or is it pure liberal stupidity?

 

[MarcATL]

. Instead of catering to their customers they're catering to their investors.

any evidence of that or is it pure liberal stupidity?

They are toast. What more evidence of the market at work do you need?

 

[EdwardBaiamonte]

. Instead of catering to their customers they're catering to their investors.

any evidence of that or is it pure liberal stupidity?

They are toast. What more evidence of the market at work do you need?

dear, we are not looking for evidence that the market works but rather where you got the silly idea that they cater to investors more than customers?