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Message
re: Are brick and mortar chain stores fricked once boomers can't stop at them anymore?
Posted on 4/15/19 at 9:52 am to Parmen
Posted on 4/15/19 at 9:52 am to Parmen
You people dont remember history.
There use to be one store, the general store, it got stocked once a month by train or stage coach and the people of the town only had to choose what was available to buy.
Then someone had the idea, "Mail order". We'll send you catalogs, and then you can mail in your order with payment and we'll send you your choice of thousands of products.
However, as towns got bigger, enough demand arose that gave way to 1000's of diverse general stores, and mail order nearly died.
Then some bozo said, hey, lets put mail order catalogs on this here new "interwebs" and in the newness fad, people began mail order shopping again.
Just as people turned to mail order from general store before; to have things others couldn't get, to show their 'higher level tech savviness', to be avant-garde, 'cheaper cost'..the luster went away.
Mail order became increasingly more expensive, and wasn't the "why wouldn't I option" ie. $20 in general store, $10 mail-order became $20 in general store,$19 mail-order
As such, we now see Amazon and others turning into exactly what mail-order did before. Eg Montgomery Ward. Mail order brick & mortar hybrid
Amazon has about a 100 popup stores that it's testing, and while i think most are closing, it shows that even the giant realizes the fad is moving away from sustainability.
tldr: stores will still be here in 100 years
There use to be one store, the general store, it got stocked once a month by train or stage coach and the people of the town only had to choose what was available to buy.
Then someone had the idea, "Mail order". We'll send you catalogs, and then you can mail in your order with payment and we'll send you your choice of thousands of products.
However, as towns got bigger, enough demand arose that gave way to 1000's of diverse general stores, and mail order nearly died.
Then some bozo said, hey, lets put mail order catalogs on this here new "interwebs" and in the newness fad, people began mail order shopping again.
Just as people turned to mail order from general store before; to have things others couldn't get, to show their 'higher level tech savviness', to be avant-garde, 'cheaper cost'..the luster went away.
Mail order became increasingly more expensive, and wasn't the "why wouldn't I option" ie. $20 in general store, $10 mail-order became $20 in general store,$19 mail-order
As such, we now see Amazon and others turning into exactly what mail-order did before. Eg Montgomery Ward. Mail order brick & mortar hybrid
quote:
In 1845, Tiffany's Blue Book was the first mail-order catalogue in the United States.[9][10]
In 1872, Aaron Montgomery Ward of Chicago produced a mail-order catalogue for his Montgomery Ward mail order business.[11] By buying goods and then reselling them directly to customers, Aaron Montgomery Ward was consequently removing the middlemen at the general store and to the benefit of the customer, lowering the prices drastically.[12]
Amazon has about a 100 popup stores that it's testing, and while i think most are closing, it shows that even the giant realizes the fad is moving away from sustainability.
tldr: stores will still be here in 100 years
1
Posted on 4/15/19 at 9:54 am to eScott
quote:
Gen X become too lazy to go anywhere. I just bought a starter on Amazon for $75, laziness isn't the reason I didn't go to autozone and pay $225.
This. I needed a new small Bluetooth speaker for when I'm doing yard work and working outside and my wife was headed to Target and I asked her to look for me. Once she got there she sent me pics of what they had, cheapest thing was $100, I said F-that and bought one on Amazon for $30 in 30 seconds and it performs just fine.
Posted on 4/15/19 at 9:56 am to Parmen
quote:
already starting to hurt the chain restaurant industry like Applebees and Chilis
I would think their shitty food is the biggest thing hurting them.
quote:
Companies like Bed Bath & Beyond, Pier 1 Imports, and others are going to start falling by the wayside
people will still want to go and physically see the merchandise. wouldn't a decrease in foot traffic be natural if the majority of one's customer base starts to die? I mean, this shouldn't be unexpected. B&m stores will still exist. just be fewer of them I'd imagine.
Posted on 4/15/19 at 9:57 am to Parmen
My wife owns a retail business here in Birmingham. Sales are great. We've seen a push from consumers to shop locally instead of big box or online retailers. At the end of the day, it's a combination of price and service. While online retailers might have better prices, they never can compete on service.
Posted on 4/15/19 at 10:00 am to TDsngumbo
quote:
Invest in something, anything, now because 10-20 years from now every retail company will be very profitable.
Lol ok
Posted on 4/15/19 at 10:01 am to TH03
quote:
The ones here are almost exclusively this. All black and Hispanic too.
Their business model should be looking up once Mexico and Central America finish moving here.
Posted on 4/15/19 at 10:03 am to Aubie Spr96
quote:
While online retailers might have better prices, they never can compete on service.
this. I love Zappos. But I went to the New Balance store this weekend to get a pair of shoes. Much better talking to someone in person.
that said, i'll be getting the next pair like these from Zappos. Way cheaper.
Posted on 4/15/19 at 10:04 am to Parmen
Malls no longer attract the foot traffic they once attracted. Malls are high rent but they offset the cost of the rent by bringing buyers to the physical store. Physical stores are good for getting your eyes or hands on a product then the buyer goes home and looks for what they want online at a lower price.
Businesses like Applebees, Chilis, BBB, Pier 1, are all owned by private equity or public investors. You can't really increase the value of Applebees or Chili's unless you increase price or offer cheaper food. Environment is also an attraction for food businesses, but Applebees and Chilis are boring restaurants mostly. Also nobody is going to pay craft beer pricing for a Bud Light, and the food quality has absolutely gone to crap. I rarely set foot in a big chain food business anymore. Overpriced greasy food is their forte. Today's casual diner willing to eat out is more health conscious. The fatasses all sit at home and eat hot pockets and play video games. They don't go to Applebees and Chilis.
Businesses like Applebees, Chilis, BBB, Pier 1, are all owned by private equity or public investors. You can't really increase the value of Applebees or Chili's unless you increase price or offer cheaper food. Environment is also an attraction for food businesses, but Applebees and Chilis are boring restaurants mostly. Also nobody is going to pay craft beer pricing for a Bud Light, and the food quality has absolutely gone to crap. I rarely set foot in a big chain food business anymore. Overpriced greasy food is their forte. Today's casual diner willing to eat out is more health conscious. The fatasses all sit at home and eat hot pockets and play video games. They don't go to Applebees and Chilis.
Posted on 4/15/19 at 10:09 am to WhiskeyThrottle
quote:
The fatasses all sit at home and eat hot pockets and play video games. They don't go to Applebees and Chilis
Go walk into one if these places in the near future
Posted on 4/15/19 at 10:14 am to Deactived
Those places always seem crowded to me. It blows my mind that people would go eat at Chili's over a similarly priced restaurant like The Chimes but to each their own.
Posted on 4/15/19 at 10:15 am to Parmen
never been in a pier 1 imports. what the hell do people buy there?
Posted on 4/15/19 at 10:36 am to Parmen
Applebee's menu is hurting Applebee's. Chicken fingers seem to be 60% of their sales.
Posted on 4/15/19 at 10:40 am to fallguy_1978
Those places aren't hurting at all. You can find a few decent items at a place like Chili's, but it's not cheaper than a place like chimes how you mentioned
Red Lobster isn't cheap at all and they do just fine.
Red Lobster isn't cheap at all and they do just fine.
Posted on 4/15/19 at 10:41 am to 1999
quote:
never been in a pier 1 imports. what the hell do people buy there?
It’s for women
Posted on 4/15/19 at 10:43 am to Parmen
quote:FIFY
as Millennials typically are broke as shite except when their boomer parents give them money.
Posted on 4/15/19 at 10:46 am to Parmen
quote:
with boomers not being able to sustain them as Millennials typically try new things.
Why is GenX always just completely overlooked/forgotten/disregarded?
Posted on 4/15/19 at 10:51 am to Parmen
brick and mortar stores are still useful for goods that people like to try on or try out before they buy. Now, I know that there are clothing services where people can buy a bunch of shite, try it on, then return it and only get charged for what they keep, but the return shipping is much more of a pain in the arse (in my opinion), then just going to a store and trying on clothes or shoes.
I feel the same way about musical instruments as unless I have heard a lot of demos or gotten to play with it myself, I will never buy a piece of gear without getting the opportunity to play with it first to decide if I like it.
I feel the same way about musical instruments as unless I have heard a lot of demos or gotten to play with it myself, I will never buy a piece of gear without getting the opportunity to play with it first to decide if I like it.
Posted on 4/15/19 at 10:55 am to Aubie Spr96
quote:
While online retailers might have better prices, they never can compete on service.
Does your wife own a paper business that might rhyme with Munder Diflin?
Posted on 4/15/19 at 11:03 am to Kujo
quote:
You people dont remember history.
The O.T. in a nutshell.
The Boomers used to bitch about the Greatest and Silent Generations before them. Those old people fricked things up for us.
Then we became them and the Gen X and Millenials bitched about us fricking things up for them.
Guess what? Gen Z is looking at your shite from the 80's and 90's and 00's and judging you for loving Michael Jackson and selling out to corporations and it'll be, "What do you mean we fricked everything up?"
When us Boomers are dead you frickers are going to be the old assholes hanging out at outdated restaurant chains and retail outlets, just to get away from the young shite-heads and whatever trends they're chasing.
Posted on 4/15/19 at 11:11 am to 1999
quote:It's a classic example of a 60's hippie business going corporate. In the 70's it was a way to buy incense and other counter-culture knick knacks without going to a head shop. Some of the stores sold tropical fish as well. Towards the 80's they morphed into focusing on selling non-traditional home furnishings and decor. Now their draw is that their stores are smaller than the big-box IKEA's and such. They still focus on the non-traditional stuff.
never been in a pier 1 imports. what the hell do people buy there?
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