Retail apocalypse?

Pikapower · August 17, 2017, 02:22:58 PM

I know that we don't really want think about it, but are we on a verge of a retail apocalypse?

Retail Fan+ (Justin Hill) · August 17, 2017, 07:08:25 PM

I hope not....

Pikapower · August 17, 2017, 07:22:11 PM

The only store that I could think of that would survive a retail apocalypse is Walmart.

Retail Fan+ (Justin Hill) · August 17, 2017, 07:51:33 PM

If I were to pick some retailers to survive the "retail apocalypse," they'd be:
Walmart
Target
Meijer
Sam's Club
Costco
Shopko/Shopko Hometown
Walgreens
CVS
Ross
T.J. Maxx
Big Lots

AmesNewington · August 17, 2017, 08:34:22 PM

I hope this is just a wakeup call for retailers who expanded a bit too much and neglected customer service for so long. It would be nice for retailers, even the struggling ones to stay around in some form, just with less locations. What really got me was that these mass store closings all took place at the same time, when they should have happened a little at a time over the years. These retailers should have planned better in the first place. It would be horrible to not have as many shopping options in the near future. I also hope these closings phase out a bit in 2018. We may see more Sears/Kmart closings, but others I hope do not. It doesn't make anything look good when all you hear is stores closing.

Retail Fan+ (Justin Hill) · August 18, 2017, 02:10:04 AM

Quote from: AmesNewington on August 17, 2017, 08:34:22 PM
I hope this is just a wakeup call for retailers who expanded a bit too much and neglected customer service for so long. It would be nice for retailers, even the struggling ones to stay around in some form, just with less locations. What really got me was that these mass store closings all took place at the same time, when they should have happened a little at a time over the years. These retailers should have planned better in the first place. It would be horrible to not have as many shopping options in the near future. I also hope these closings phase out a bit in 2018. We may see more Sears/Kmart closings, but others I hope do not. It doesn't make anything look good when all you hear is stores closing.

And larger retailers like Walmart and Target are cutting the "fat" from the "meat" that is their store count, doing such things as closing under-performing stores to focus on store locationss that have higher profit margins.

Pikapower · August 18, 2017, 07:00:24 AM

No mall stands a chance at surviving a retail apocalypse and online retailers like Amazon would survive a retail apocalypse since many people are shopping online as oppose of going to the mall.

Retail Fan+ (Justin Hill) · August 18, 2017, 04:36:01 PM

Quote from: Pikapower on August 18, 2017, 07:00:24 AM
No mall stands a chance at surviving a retail apocalypse and online retailers like Amazon would survive a retail apocalypse since many people are shopping online as oppose of going to the mall.

what about the Mall of America or the American Dreams malls?

Pikapower · August 19, 2017, 10:48:28 AM

Quote from: ShopKoFan on August 18, 2017, 04:36:01 PM
Quote from: Pikapower on August 18, 2017, 07:00:24 AM
No mall stands a chance at surviving a retail apocalypse and online retailers like Amazon would survive a retail apocalypse since many people are shopping online as oppose of going to the mall.
what about the Mall of America or the American Dreams malls?

I would kind of think that those two malls would find a way to would survive a retail apocalypse, but at the same time I would imagine that the said malls would be mostly dead in a a retail apocalypse.

giantsfan2016 · August 19, 2017, 12:35:50 PM

The American Dreams Mall. Is that the one they're developing by Metlife Stadium in New Jersey where my Giants and the Jets play? If it is, I heard from someone they're not building it. The antennas for several NYC AM radio stations are near there and someone I know who does work on the radio antennas told me they're not building American Dreams Mall.

Pikapower · August 19, 2017, 01:04:17 PM

Quote from: Brammy on August 19, 2017, 12:35:50 PM
The American Dreams Mall. Is that the one they're developing by Metlife Stadium in New Jersey where my Giants and the Jets play? If it is, I heard from someone they're not building it. The antennas for several NYC AM radio stations are near there and someone I know who does work on the radio antennas told me they're not building American Dreams Mall.

That's sucks that America is not getting a new mall anytime soon! :(

Besides can't they build American Dreams Mall somewhere else?

Retail Fan+ (Justin Hill) · August 19, 2017, 03:58:36 PM

Quote from: Brammy on August 19, 2017, 12:35:50 PM
The American Dreams Mall. Is that the one they're developing by Metlife Stadium in New Jersey where my Giants and the Jets play? If it is, I heard from someone they're not building it. The antennas for several NYC AM radio stations are near there and someone I know who does work on the radio antennas told me they're not building American Dreams Mall.

This article says that this American Dreams "anti-mall" will open in 2019 with an emphasis on entertainment:
http://www.philly.com/philly/business/retail/the-malls-future-rises-in-the-meadowlands-its-about-entertainment-20170727.html

Pikapower · August 20, 2017, 11:53:14 AM

Here's kind my predictions about a "retail apocalypse" regarding what retailers would go online only or out of business.

Online only
* Abercrombie & Fitch
* Hollister
* JCPenney
* Justice
* GNC
* Hot Topic
* Spencer's
* American Eagle Outfitters
* Gap

Go out of business
* Kmart
* Sears
* Victoria's Secret/Pink
* Aeropostale
* Macy's

Retail Fan+ (Justin Hill) · August 20, 2017, 01:32:02 PM

My dad doesn't have a computer, so I don't know how this will affect him.

I predict Payless and GameStop will go out of business.

I do not know how bad this retail apocalypse will be yet. I hope it becomes short-lived.

I don't want to live in a place where Walmart is the only retailer left. I WON'T LIKE THAT!

PEOPLE ARE TOO LAZY THESE DAYS! WHY CAN'T THEY GET OF THEIR LAZY A**ES, LEAVE THEIR COMPUTER BEHIND, GO OUTSIDE, ENJOY THE BEAUTIFUL WEATHER, AND GO SHOPPING! IT'S UNFAIR TO THOSE PEOPLE WHO DON'T HAVE OR ARE UNABLE TO USE A COMPUTER TO BUY STUFF!

I DON'T WANT WALMART TO BE THE ONLY RETAILER IN TOWN! WE NEED COMPETITION!

Pikapower · August 21, 2017, 11:16:12 AM

Quote from: ShopKoFan on August 20, 2017, 01:32:02 PM
My dad doesn't have a computer, so I don't know how this will affect him.

I predict Payless and GameStop will go out of business.

I do not know how bad this retail apocalypse will be yet. I hope it becomes short-lived.

I don't want to live in a place where Walmart is the only retailer left. I WON'T LIKE THAT!

PEOPLE ARE TOO LAZY THESE DAYS! WHY CAN'T THEY GET OF THEIR LAZY A**ES, LEAVE THEIR COMPUTER BEHIND, GO OUTSIDE, ENJOY THE BEAUTIFUL WEATHER, AND GO SHOPPING! IT'S UNFAIR TO THOSE PEOPLE WHO DON'T HAVE OR ARE UNABLE TO USE A COMPUTER TO BUY STUFF!

I DON'T WANT WALMART TO BE THE ONLY RETAILER IN TOWN! WE NEED COMPETITION!

Right, people need to do more shopping in real stores, not everybody has internet access and I'm not going to stand up for Walmart being the last store standing in the apocalypse!

WE NEED MALLS AND COMPETITION AGAINST WALMART!

A retail apocalypse is worse than a zombie apocalypse.

Retail apocalypse?

giantsfan2016