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Old 11-07-2018, 10:07 AM  
dyna mo
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Quote:
Originally Posted by blackmonsters View Post
Tell that to these guys :

https://clark.com/shopping-retail/ma...-closing-2018/


Retail closings: The latest news
Lowe’s – 51 stores in the U.S. and Canada

Sears and Kmart – Files for bankruptcy; 142 additional stores closing

Previously announced store closures
Mattress Firm – Up to 700 stores

Victoria’s Secret – 20 stores

Orchard Supply Hardware – 99 stores

Brookstone – 102 stores

The Fresh Market – 15 stores

Chipotle – 65 stores

Toys R Us – 735 stores

Starbucks – 150 stores closing in 2019


https://www.usatoday.com/story/money...far/557275002/

In April, Subway, the fast food company with the most locations in the world, announced it would be shuttering roughly 500 of those stores in the United States. These closings are just the latest in a stream of announcements by major retailers.



Here's a partial list of some big retailers that are closing multiple stores and how many stores are going away in 2017 or have closed recently:

Payless ShoeSource - 400 stores
JC Penney - 138 stores
Macy's - 68 stores
Sears and K Mart - 150 stores
HH Gregg - 88 stores
Abercrombie & Fitch - 60 stores
Guess - 60 stores
The Limited - 250 stores
Wet Seal - 171 stores
American Apparel - 110 stores
BCBG - 120 stores
GameStop - 150 stores
Radio Shack - 550 stores
Staples - 70 stores
CVS - 70 stores
Gander Mountain - 32 stores
Family Christian - 240 stores

https://www.forbes.com/sites/richard.../#a9b4de141593
why so negative? this is business, kill or be killed. those guys got killled, adapt or die. tough shit.

More importantly, the increase in sales this selling season is partly due to an increase in B&m retail sales.

retailers die all the time. it's a cutthroat business.
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