The "retail Apocalypse"

[Lisa]

But work for pay isn't the only work. You can volunteer, clean your house, get involved in politics, become an activist, paint, make music, whatever. They all still take work. It just turns work into play.

Well, if you want to eat...work for pay is best.

 

[UnderAlienControl]

Retail Apocalypse: These big retailers closing stores, filing for bankruptcy
https://www.foxbusiness.com/retail/features-retail-apocalypse-bankruptcy-stores-closing

 

[Lurker]

the days of a local book store and the like are done. the internet killed them off

I think it's a natural progression. One that society may not be prepared for. Internal combustion killed the steam engine, computers killed the type writer etc. I have a hard time justifying $20 more for the fridge water filter or $15 more for a vape kit, just to buy them locally.

 

[The Zone]

Fairness is overrated per American corporations. In this article, we see that we will soon be targeted with different pricing based on spying. IOW, I may pay more or less than you do or vice versa.

https://futurism.com/the-byte/retailers-surveillance-scores

We are already being scored much like China the only difference being it is said corporations instead of the state.

 

[Lisa]

Fairness is overrated per American corporations. In this article, we see that we will soon be targeted with different pricing based on spying. IOW, I may pay more or less than you do or vice versa.

https://futurism.com/the-byte/retailers-surveillance-scores

We are already being scored much like China the only difference being it is said corporations instead of the state.

This made me think of something I saw where retailers have decided not to target millennials in ads because millennials have no money...lol! So, maybe if you’re a millennial you pay a nominal fee then?

 

[UnderAlienControl]

Mnuchin Bashes Bitcoin, Blasts Bezos For "Destroying" US Retail Industry
https://www.zerohedge.com/news/2019-07-24/mnuchin-bashes-bitcoin-blasts-bezos-destroying-us-retail-industry

 

[UnderAlienControl]

Target Slashes Employees’ Hours After Raising Its Minimum Wage to $15 An Hour
https://ijr.com/target-slashes-employees-hours-after-raising-its-starting-wage-to-15-an-hour/

 

[Lisa]

Target Slashes Employees’ Hours After Raising Its Minimum Wage to $15 An Hour
https://ijr.com/target-slashes-employees-hours-after-raising-its-starting-wage-to-15-an-hour/

I guess that’s what happens when you try to give a living wage for jobs that can’t afford it...which is what people had been saying all along.

 

[UnderAlienControl]

I guess that’s what happens when you try to give a living wage for jobs that can’t afford it...which is what people had been saying all along.

Target CEO Brian Cornell's pay doubles in 2018, but it's really a fluke
https://www.bizjournals.com/twincities/news/2019/04/29/target-ceo-brian-cornells-pay-doubles-in-2018-but.html

"Cornell's total compensation of $8.4 million in 2017 made him one of Minnesota's most "overpaid" CEOs, according to Business Journal research that measures CEO pay and overall company performance."

 

[Lisa]

Target CEO Brian Cornell's pay doubles in 2018, but it's really a fluke
https://www.bizjournals.com/twincities/news/2019/04/29/target-ceo-brian-cornells-pay-doubles-in-2018-but.html

"Cornell's total compensation of $8.4 million in 2017 made him one of Minnesota's most "overpaid" CEOs, according to Business Journal research that measures CEO pay and overall company performance."

Did you really think he would take a pay cut so people could have a “living wage”?

 

[UnderAlienControl]

More Than 9,300 Stores Closed Across US in 2019: Report

A report found that more than 9,300 stores have closed or are closing across the United States in ...

www.theepochtimes.com

 

[elsbet]

More Than 9,300 Stores Closed Across US in 2019: Report

A report found that more than 9,300 stores have closed or are closing across the United States in ...

www.theepochtimes.com

LOL @ Bed Bad & Beyond

But that transformco guy sounds like kind of an ass.

 

[Lisa]

LOL @ Bed Bad & Beyond

But that transformco guy sounds like kind of an ass.

Yes...Eddie Lampert is an ass...a very wealthy one too.

 

[UnderAlienControl]

Macy’s Store Chain Closing 125 Locations, Company Announces

WASHINGTON (Sputnik) – Macy’s Inc., a major US department store chain, will be closing 125 of its stores in the next three years, and is cutting 2,000 jobs, the company said in a statement.

sputniknews.com

 

[UnderAlienControl]

Amazon paid only $162M in federal taxes in 2019 on $13BILLION profit

The online retaling giant paid $162 million in federal taxes for 2019 and deferred another $914 million, according to a recent filing with the US Securities and Exchange Commission

www.dailymail.co.uk

 

[UnderAlienControl]

https://twitter.com/i/web/status/1226152288009453568

 

[Maes17]

Idk, brick and mortar is still beneficial.
There’s just that thought of technology malfunction, etc.

 

[UnderAlienControl]

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Outraged Lawmakers Demand Answers From Amazon, Claim E-Commerce Giant Lied to Congress

In recent years big tech companies have come under intense scrutiny from authorities and advocacy groups following allegations of abuse of power, predatory pricing, and data privacy scandals.

sputniknews.com

 

[free2018]

The "retail apocalypse" is a lie. In many major cities, the larger retail stores are flagship stores. The companies that run them don't mind a bit of a loss.

 

[UnderAlienControl]

The "retail apocalypse" is a lie. In many major cities, the larger retail stores are flagship stores. The companies that run them don't mind a bit of a loss.

, https://en.wikipedia.org/wiki/Retail_apocalypse