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Started By
Message
re: Retail bloodbath continues, more stores closing
Posted on 3/20/24 at 5:01 pm to Bass Tiger
Posted on 3/20/24 at 5:01 pm to Bass Tiger
I saw the writing on the wall several years ago when looking at their "sales associates" which knew absolutely nothing about electronics.
0
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 3/20/24 at 5:48 pm to idlewatcher
quote:
She a token LGBT+*}*{+#+#+ hire?
Kinda looks maybe like a minority hire.
Posted on 3/20/24 at 6:13 pm to ksayetiger
quote:
I remember when a 48" projection TV was several thousand.
Heck I can remember when the announcer said "the following program is in living color".....and I asked my mom why ours was still showing it in black and white.
I remember when a 48" projection TV was several thousand.
Heck I can remember when the announcer said "the following program is in living color".....and I asked my mom why ours was still showing it in black and white.
Posted on 3/20/24 at 6:58 pm to trinidadtiger
I just have to laugh at all the people that want to ship all of our manufacturing elsewhere and then watch as the service industries get automated or eroded by online retailers.
Then we have people continuing to make babies and send them to expensive colleges to work jobs that don’t exist or are pointless.
Then we have people continuing to make babies and send them to expensive colleges to work jobs that don’t exist or are pointless.
Posted on 3/20/24 at 8:25 pm to WPBTiger
Best Buy, Rite Aid, and Macy’s are all terribly run companies and have been since well before Biden took office.
Dollar Tree has cannibalized itself with too many stores.
Call me when a well run chain starts closing lots of stores.
Dollar Tree has cannibalized itself with too many stores.
Call me when a well run chain starts closing lots of stores.
Posted on 3/20/24 at 8:34 pm to Bass Tiger
quote:
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
lol
What is happening is the free market at work. It’s not some Illuminati conspiracy theory
Posted on 3/20/24 at 8:36 pm to ksayetiger
In the mid-90’s we had a KILLER Mitsubishi rear-projection TV 60” or around there???
Huge built in speakers etc.
Could watch the f*ck out of some scrambled porn.
This post was edited on 3/20/24 at 8:39 pm
Posted on 3/20/24 at 9:11 pm to WPBTiger
Completely misleading post. In 2022 and 2023 more stores opened than closed. It is expected to be the same in 2024.
Walmart is adding or converting 150 stores over the next 5 years. They are renovating 650 stores over the next year or so. Just considering Walmart has over 4600 US locations plus over 500 Sam's Club locations.
Target is adding 300 stores over the next 10 years.
Macy's is opening 30 stores by end of 2025.
Academy is adding nearly 150 stores over the next 3 years or so.
Boot Barn is adding over 50 stores this year.
Burlington is opening 100 stores in 2024. Ross is opening 90.
Rite Aid has long been a mess.
Locally in the New Orleans metro area retail real estate is as strong as it has ever been. There is very little vacancy.
Walmart is adding or converting 150 stores over the next 5 years. They are renovating 650 stores over the next year or so. Just considering Walmart has over 4600 US locations plus over 500 Sam's Club locations.
Target is adding 300 stores over the next 10 years.
Macy's is opening 30 stores by end of 2025.
Academy is adding nearly 150 stores over the next 3 years or so.
Boot Barn is adding over 50 stores this year.
Burlington is opening 100 stores in 2024. Ross is opening 90.
Rite Aid has long been a mess.
Locally in the New Orleans metro area retail real estate is as strong as it has ever been. There is very little vacancy.
Posted on 3/20/24 at 9:15 pm to LSUFanHouston
quote:
Best Buy, Rite Aid, and Macy’s are all terribly run companies and have been since well before Biden took office.
Gonna disagree on this one. Hubert Jolly saved the company.
Posted on 3/20/24 at 9:34 pm to WPBTiger
I paid for geek squad and used them a good bit last year
Will miss that
Will miss that
Posted on 3/20/24 at 10:28 pm to Smoke90
Not Walmart.
Dollar General. They’re marketing convenience. Which is why Amazon is making such strides
Dollar General. They’re marketing convenience. Which is why Amazon is making such strides
Posted on 3/20/24 at 10:35 pm to WPBTiger
quote:
bloodbath
quote:
Well known White Supremacist and MAGA Trumper WPBTiger threatens major retailers with bloodbath, Donald Trump refuses to condemn his comments
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.
Posted on 3/21/24 at 12:51 am to WPBTiger
quote:
Walmart
Bro there's no bloodbath for Walmart, we just had a three for one stock split
The only closings were culling the herd
Posted on 3/21/24 at 5:03 am to TackySweater
quote:
Kinda looks maybe like a minority hire.
Looks like a Tranny
Posted on 3/21/24 at 6:02 am to WPBTiger
Late 90s/Early 00s Best Buy was an incredible store.
Early 20s Best Buy is complete arse.
Early 20s Best Buy is complete arse.
Posted on 3/21/24 at 6:44 am to WPBTiger
All the stocks I own in retail have been on fire the last six months. William Sonoma $WSM also owns The Pottery Barn went from $194 in Jan of 2024 to $295 the other day.
Looks like OP is cherry picking one troubled company to make generalizations about the economy.
Looks like OP is cherry picking one troubled company to make generalizations about the economy.
Posted on 3/21/24 at 7:39 am to WPBTiger
You are not allowed to use that racist language!!
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