The absolute collapse in retail visitor counts is the warning siren that this country is about to collide with the reality Americans have run out of time, money, jobs, and illusions. The exponential growth model, built upon a never ending flow of consumer credit and an endless supply of cheap fuel, has reached its limit of growth. The titans of Wall Street and their puppets in Washington D.C. have wrung every drop of faux wealth from the dying middle class. There are nothing left but withering carcasses and bleached bones.
2015 Retail Store Closings (a/o April)
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Members: 17
Latest Activity: Apr 4, 2016
Discussion Forum
Wal-Mart 'urgent' memo urges improvement at U.S. stores: NYT
Started by Tara. Last reply by Ra Nov 12, 2014. 3 Replies 0 Favorites
(Reuters) - Wal-Mart stores Inc issued an "urgent agenda" memo to its store managers across the United States last month, laying out guidelines to boost sales of "chilled and fresh" food, the New…Continue
Wal-Mart workers strike in major cities
Started by Tara. Last reply by Ra Aug 24, 2014. 1 Reply 1 Favorite
Wal-Mart workers Wednesday joined strikes in several major cities.Union organizers said employees were set to walk picket lines through out the day in Tampa, Miami, Chicago, Milwaukee, Minneapolis,…Continue
Tags: living, wages, corporations, cities, strike
Has The Next Recession Already Begun For America’s Middle Class?
Started by Tara Jun 3, 2014. 0 Replies 0 Favorites
Has the next major economic downturn already started? The way that you would answer that question would probably depend on where you live. If you live in New York City, or the suburbs of Washington…Continue
Tags: sales, economic, downturn, retail, depression
Where are we headed? Original Content
Started by Less Prone. Last reply by Less Prone May 27, 2014. 2 Replies 5 Favorites
The closing retail stores are one symptom of the destruction of the western world that started a long time ago. In comparison with banker abused Europe the United States got a fresh start when…Continue
Tags: service, economy, private, enterprice, independence
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Comment by guest_blog on March 12, 2015 at 9:39am
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Retail Sales in U.S. Unexpectedly Fall for Third Straight Month
12 March 2015, (Bloomberg)
http://www.bloomberg.com/news/articles/2015-03-12/retail-sales-in-u...
Excerpt:
Sales at U.S. retailers unexpectedly decreased in February for a third consecutive month as inclement weather and low wage gains restrained shoppers.
The 0.6% drop followed a 0.8% decrease in January, Commerce Department figures showed Thursday in Washington.
The median forecast of 86 economists surveyed by Bloomberg called for a 0.3% gain.
Sales declined in nine of thirteen major categories, led by auto dealers and building supply merchants.
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Comment by Nikki on August 24, 2014 at 2:26pm
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Comment by Central Scrutinizer on June 11, 2014 at 8:05am
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rat shack been going down hill since the Asians invaded the US Electronics market in the early 70's. I was raised on Rat Shack, now I have to "Special" order tips for my 100 watt gun, used to walk in and grab a 2 pack off the rack, $1.89.......now $5 & change w/ tax.....and gawwwd, try finding a 47u cap @ 450 volts there now......guess the days of the "do it your selfers" is a dead art now ;( Now the rat shack has turned into another gawdamn gubmint spy tracking device retailer (cell phones & cell phone accessory's)
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ECONOMIC DEATH -- Retail Apocalypse
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With the price of gas at almost $5/gal, I shop online as much as possible. I like Costo and Target. I go to Fry's for electronics and haven't been in a Best Buy in years. Some of the stores on this list should have closed a long time ago ;)
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