I read where about 6800 "brick and mortar stores" will be closing in the U.
B4 I run to a store to buy something, I check online.
Often I can find the item for cheaper that a retail store and the shipping
Is that because they don't have physical stores to maintain along with staf
Even though those stores will close, does that mean that more jobs will be
created because of the savings that customers will realize ?
There were 3 guys talking about death.
They were talking about how they would like to be remembered at their funer
The first said he would like to be remembered as a man who was a humanitari
an who really cared about people.
The second said he would like to be remembered as a good father and husband
The third guy said “I would like someone to say, “Look he
I'm sure some people studied it more than me, but here goes.
You lose the store jobs but gain some warehouse/order picker jobs. when
you ship rather than go to a store. You also gain some jobs in the
delivery system, US, Fedex, USPS.
Shoplifting in retail stores is very expensive and it is cheaper to
control employee theft.
Malls don't have the social attraction they once had. It is no longer
something to do on a Saturday. Society evolves and this is part of it.
Retail outlets require a lot more labor than shipping from a central
site, even when you account for the delivery drivers. Stock pickers at
the warehouse will stay busy all day. In B&M, you either have people
standing around not doing much or you have minimal service for the
customer. The biggest saving beyond that is inventory. When you stock
at a central site you eliminate a whole level of distribution and
carrying charges on stuff that is sitting on a shelf waiting for a
local person to buy it. Stores try to predict sales and have things
arrive just in time to be sold but when they guess wrong, you show up
and they are sold out. That is easier to even out on a national scale
from central sites. Worst case is they have to ship from a warehouse
that is farther away.
A mall jeweler once told me his rent in the mall was $100/sq.ft. and
that was years ago. That seems high but maybe because his store was
small as average in 2014 was $45 there:
Rental space cost half as much in outlying stores.
My highschool economics teacher said "there is no such thing as a
low-rent district". I've had my eyes peeled for more on the subject
ever since then. He didn't say anything else stupid or hard to
believe, so I think there is merit in what he waid. AI think I know
what he meant. There was a car dealer 10 miles from edge of town who
advertised a lot saying , "Go west to [I forget the town's name].
It's not very far but you'll save a lot", and he was saying, I think,
that even if the rent was low when he got there, if people are willing
to drive there, the rent will go up. But a) not until the end of the
lease, and b) I still don't see how it could go up as much as it was
in town, and c) if he was referring to the cost of shopping there, he
could include everyone's gas and time to get there, but he
specifically said no low-rent.
All kinds of stuff involved here. A lot of businesses own the ground
their business sits on. Overall they may have lower costs.
Thinking my Subaru dealer who is in a car selling strip has a relatively
small lot compared to neighboring dealers but that is probably because
his new vehicles are mostly stored in a remote lot where cost is very
low. He does a good business and does zero advertising.
I notice the advertisers were quick to pull out from a Fox News show, but
are not pulling out from a potty mouth comedian show. The lefty's like to
give comedians a broad pass but conservative viewpoints are frowned upon.
Liberals are also financed and led around by the likes of George Soros.
Who do they think organizes all those spontaneous demonstrations that
break out in cities throughout the US? There are a lot of good liberals
but many are useful idiots.
They also put out phony mass letters to advertisers to make them think
that be public is going to boycott them.
You don't see conservatives doing these things but if they did the media
would loudly call them out.
The media is silent on what the left is doing.
They are still far left of center in social policy. The only
difference is they are still "big business", just like the last 2
democrat presidents and the candidate they took to the 2012 election.
Evidently there is a lot of ad money in being liberal with no limit to
the number of entertainers who will throw in their image for free.
If by "labor" you mean ads for labor, look on Craigslist. That is
where all classified ads are going.
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