Stores to close down 2018

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Events are proceeding just as I have foreseen…
 
I’m not sure. But the shift in the way people buy things must have some effect.
 
The economy is doing well.However people prefer online shopping convienence to brick and mortar stores.Not saying this is a good thing just the reality of the way time crunched consumers choose to shop
 
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According to the numbers employment is increasing. So apparently those unemployed because of retail closings are having no problem finding new work. However the downside is that pay raises have stopped for them or one can easily conclude that.
 
Speaking only for myself I find the retail store a bit frustrating. Without going into the details of the frustrations there are times when I would be willing to pay a little more to get something online instead of dealing with the in person experience. I’ve also found for some type of items buying in store has little advantage; stores often have dummy or shell representations on display instead of the real thing and very little information. Going online is about the only way to make an informed decision. And if that’s the case I may as well purchase online.
 
For us over 60s, this brings back memories of Malls and how they ‘took over’ the whole shopping experiences back 40 and 50 years ago. . .cities lost their downtowns, strip malls sprang up like mushrooms, etc. Everybody wanted the convenience of having a couple hundred stores ‘under one roof’, climate controlled, arcades and movies and fast food places for the kids, etc. etc.

Fast forward and now people want the convenience of shopping at the push of a computer key from the comforts of one’s home and delivery to one’s door.

Well, it’s not a replicator world yet and I don’t have my car that folds into a briefcase, but time marches on. . .
 
ProVobis said:
According to the numbers employment is increasing. So apparently those unemployed because of retail closings are having no problem finding new work. However the downside is that pay raises have stopped for them or one can easily conclude that.
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And if workers are not getting the trickle down pay raises to the degree that Republicans led them to believe or are merely getting one time bonuses instead and are not seeing the tax benefits they were led to believe they’d see, that might not be good for Republican hopes. The tax cut package certainly did not help them in PA-18 which had a Republican holding office before Trump came along and which had elected many Republicans previously. Rick Santorum even once held the seat and Trump carried it by 20 points.
 
Those whom tax cuts helped the most were probably heavy Republicans anyway so probably no net gain there. The $1.50 people have probably forgotten all about the tax bill.
 
www.pewresearch.org

What the unemployment rate does – and doesn't – say about the economy

The unemployment rate gets most of the attention, but the monthly jobs report contains lots of other data that can provide a fuller picture of the economy.
www.pewresearch.org www.pewresearch.org

So if part time workers are included in the employment numbers…does that really indicate a booming economy…how many hours are considered part time…should part time employees be included with full time employees…and what of those who have given up looking for work…I guess which ever party is in office can fudge the real numbers to make themselves look good.
 
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Business’ go out and new ones open. It is good for the economy. If a big company like toys R us goes out that’s unfortunate but overall healthy for the economy. Newer business will open and others expand to account for the demand.
 
Peebo said:
94 Winn-Dixie and Harveys supermarkets here in Florida and South Georgia will also be closing down…

Winn-Dixie, Bi-Lo and Harvey's stores closing. Is yours?
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I have an unsubstantiated guess (but I think it borders on hypothesis) that Walmart and Target have been slowly killing these places for years and years. Winn-Dixie disappeared from NC and VA years ago, and the few Bi-Lo that I went into when I was stationed in South Carolina were nothing short of abysmal. And expensive.
 
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