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re: Retail bloodbath continues, more stores closing
Posted on 3/20/24 at 3:29 pm to WPBTiger
Posted on 3/20/24 at 3:29 pm to WPBTiger
It's inevitable that eventually only Walmart & Target will be left standing and that's only because they also sell groceries.
Between Amazon and chinese crap apps like Temu there is no need for others. And it is not a sign of economic doom. The people are spending more wisely. All the crap comes from Asia anyway so why pay a markup so some sociology major can check me out at Best Buy?
Between Amazon and chinese crap apps like Temu there is no need for others. And it is not a sign of economic doom. The people are spending more wisely. All the crap comes from Asia anyway so why pay a markup so some sociology major can check me out at Best Buy?
5
Posted on 3/20/24 at 3:34 pm to jcaz
I'm guessing the mark up isn't great on TVs anymore as well.
I remember when a 48" projection TV was several thousand.
I remember when a 48" projection TV was several thousand.
Posted on 3/20/24 at 4:46 pm to jcaz
quote:
It's inevitable that eventually only Walmart & Target will be left standing and that's only because they also sell groceries.
If only someone could have predicted this.
Posted on 3/20/24 at 4:57 pm to jcaz
quote:
It's inevitable that eventually only Walmart & Target will be left standing and that's only because they also sell groceries. Between Amazon and chinese crap apps like Temu there is no need for others. And it is not a sign of economic doom. The people are spending more wisely. All the crap comes from Asia anyway so why pay a markup so some sociology major can check me out at Best Buy?
So....the heavy boots of Globalism continue to stomp out their competitors?
Just throw in the fricking towel and make the official announcement of a NWO Corporatocracy based on the CCP model of global economics and societal control.
Posted on 3/20/24 at 5:43 pm to jcaz
quote:FYI - Best Buy will price match most major online retailers, including Amazon. Just pull the item up on your phone at the register and show the cashier. I still prefer buying in store whenever possible to avoid headaches when there’s a shipping issue or if I need to return something.
Between Amazon and chinese crap apps like Temu there is no need for others. And it is not a sign of economic doom. The people are spending more wisely. All the crap comes from Asia anyway so why pay a markup so some sociology major can check me out at Best Buy?
But yeah, beyond online cutting into their sales numbers, TV’s and computers have gotten cheap so their ain’t as much markup as there used to be. Streaming has eliminated the market for selling Blu Ray players/discs. And video games have been trending towards more digital downloads instead of buying physical copies. All of which cut into Best Buy’s business.
This post was edited on 3/20/24 at 5:45 pm
Posted on 3/21/24 at 12:39 am to jcaz
quote:
It's inevitable that eventually only Walmart & Target will be left standing
don't sleep on pizza hut.
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