Yep, the Monster Media Machine has you Fluoridated Zombies Believing Everything is A O K.

Published:

http://www.infowars.com/20-facts-about-the-great-u-s-retail-apocalypse-that-will-blow-your-mind/

 

"...

The following are 20 facts about the great U.S. retail apocalypse that will blow your mind…

#1 As you read this article, approximately a billion square feet of retail space is sitting vacant in the United States.

#2 Last week, Radio Shack announced that it was going to close more than a thousand stores.

#3 Last week, Staples announced that it was going to close 225 stores.

#4 Same-store sales at Office Depot have declined for 13 quarters in a row.

#5 J.C. Penney has been dying for years, and it recently announced plans to close 33 more stores.

#6 J.C. Penney lost 586 million dollars during the second quarter of 2013 alone.

#7 Sears has closed about 300 stores since 2010, and CNN is reporting that Sears is “expected to shutter another 500 Sears and Kmart locations soon”.

#8 Overall, sales numbers have declined at Sears for 27 quarters in a row.

#9 Target has announced that it is going to eliminate 475 jobs and not fill 700 positions that are currently empty.

#10 It is being projected that Aéropostale will close about 175 stores over the next couple of years.

#11 Macy’s has announced that it is going to be closing five stores and eliminating 2,500 jobs.

#12 The Children’s Place has announced that it will be closing down 125 of its “weakest” stores by 2016.

#13 Best Buy recently shut down about 50 stores up in Canada.

#14 Video rental giant Blockbuster has completely shut down all of their stores.

#15 It is being projected that sales at U.S. supermarkets will decline  by 1.7 percent this year even as the overall population continues to grow.

#16 McDonald’s has reported that sales at established U.S. locations were down 3.3 percent in January.

#17 A home appliance chain known as “American TV” in the Midwest is going to be shutting down all 11 stores.

#18 Even Wal-Mart is struggling right now.  Just check out what one very prominent Wal-Mart executive recently admitted

David Cheesewright, CEO of Walmart International was speaking at the same presentation, and he pointed out that Walmart would try to protect its market share in the US – where the company had just issued an earnings warning. But most of the growth would have to come from its units outside the US. I mean, via these share buybacks?

Alas, outside the US too, economies were limping along at best, and consumers were struggling and the operating environment was tough. “We’re seeing economies under stress pretty much everywhere we operate,” Cheesewright admitted.

#19 In a recent CNBC article entitled “Time to close Wal-Mart stores? Analysts think so“, it was recommended that Wal-Mart should close approximately 100 “underperforming” supercenters in rural locations across America.

#20 Retail consultant Howard Davidowitz is projecting that up to half of all shopping malls in America may shut down within the next 15 to 20 years

Within 15 to 20 years, retail consultant Howard Davidowitz expects as many as half of America’s shopping malls to fail. He predicts that only upscale shopping centers with anchors like Saks Fifth Avenue and Neiman Marcus will survive.

So is there any hope that things will turn around?

..."

Entry #3,174

Comments

Avatar onlymoney -
#1
The greedy rich who got more greedy from 2000 to 2008 are still rich after the financial debacle in 2008, yet the rest of the 98% are still paying for it. Instead of bailing out the banks, they should've bailed out the people. But of course we all know the fat cats have to protect their lower tier cohorts and clueless minions. They could give a rat's a$$ about the average person struggling to battle an attack from every direction despite all the reassuring garbage that keeps spewing from their mouths.

Avatar Lucky Loser -
#2
Wow, onlymoney! You get right to it, don't ya! Yeah, these folks don't have to disclose what they paid out in salaries and those ginormous bonuses to the higher-ups. All this while the people that are actually making it all happen must deal with what they're dealt. Granted, a percentage of the higher-ups had to work their way there but, the larger portion just walk right in to upper five and six digit salaries plus hefty bonuses.

I realize companies can't just go paying everyone big bucks for bringing clothes out of the stockroom and hanging 'em up, restocking shelves with canned goods, making dozens of pizzas in an hour, building someone's burger and dropping fresh fries/onion rings, and the list goes on. However, these are the people making things happen...they are grinding. The main reason they can't do it, though, is because it would mean cutting into their pockets in the end.

Something would have to give somewhere because all these big salaries are based on that fixed wage for "X" amount of hours and "X" amount of sales. If they raise the wage and the sales/profit are the same then somethings gotta give...and it's not gonna be them although they make millions even before bonuses. That's a problem whether people wanna acknowledge it or not. Where's the happy medium for the workers not on welfare and are contributing to our economy?

Should everybody just get two jobs...one full and the other part-time? I know it can be done and people that do it but, they have no life and hardly any time for their kids. Yet, the (R)'s continually preach 'family values' and 'quality time' with your family. Would it stand to reason that at least 'reasonably' higher wages would contribute to a lower turn over rate within the companies? I mean, it costs money to re-train and replace someone when they just quit on the spot...then they have to be paid while training. Why not just take care of the guy/girl already there in that position?

Working (35) or less hours is part-time but, with a higher wage, it becomes manageable from my view. My argument isn't about 'sharing the wealth', it's about them making the necessary sacrifices to save these companies and the people working at them. It's our economy in the middle of it all. Again, the (R)'s and (D)'s both preach on making sacrifices...but nobody's making any moves towards that except the (D)'s with talks of a higher wage package. Sure, the market dictates the overall wage but, it's the companies that know what their finances will actually accommodate. Then, it's becomes a matter of what they're willing to do. It's a long post but, y'all know me by now. I have my main idea and supporting details all to fit in...you know, grade school basics.

Avatar Candlelight777 -
#3
Nobody is looking out for the middle class. Republicans take care of the rich and the democrats take care of the poor...who is looking out for the middle class in all of this. We need companies to provide products, services and jobs. We need workers to produce their products and services and in doing so earn a living wage. No company no workers, no workers no company. It's a two way street and neither can survive without the other. One is no more glorified, important or more deserving then the other because they both need each other and both contribute to this country.

If this country keeps rewarding BIG businesses with subsidies and tax breaks when clearly they are not providing a living wage to the very workers carrying out their business plans and producing their products and services, then no one can afford to buy their products and services or any other businesses for that matter and this is what happens as a result of funding greed...stores starting closing. If this country continues to fund and support those who are able to provide for themselves, this is what happens as a result of funding laziness and irresponsibility and every ones pocketbook suffers as well to pay for it. Who is looking out for the middle class in all of this though? Clearly the top earners alone can not support all businesses with all their money and buying power so guess who this country needs..that is right the middle class. We are neither poor nor rich yet the ones who are the glue that holds this country and it's economy together by a string. The middle class is getting tired of bearing the burdens of BOTH political parties and the special interest they serve at our expense...who is looking out for the middle class?
Avatar Think -
#4
Wasn't there a guy, about 20 years ago, talking about a giant sucking sound and an international race to the bottum?

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