Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Only about half of retail is under attack from e-commerce, but that half is getting crushed. E-commerce sales in the first quarter soared 16.4% from a year ago to a new record of $123.7 billion (seasonally …
‘Store count isn’t everything,’ CEO Suzanne Greco says Sandwich maker has plans for U.K., China, India, Latin America Subway Restaurants, the world’s most ubiquitous dining chain, will continue closing U.S. stores as it expands internationally. After peppering the nation with …
BY SRSROCCO As the U.S. and global economy speed towards the Seneca Cliff, very few individuals understand the fragile nature of currencies. Today, we use the lightning speed of the digital banking system to make our purchases at the store …
Globally we watch as the turmoil builds and builds. The propaganda is spilled throughout the media. People find themselves heavily burdened by the system that was created to trap them. And in the end, many fall because of the devaluation …
by Daisy Luther, The Organic Prepper Every year, it seems like more and more retail outlets are going out of business, resulting in the loss of jobs and local supplies. Last year, hundreds of stores closed, and this year, even more …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter They’re the primary stores at malls. It happens category by category as commerce shifts bit-by-bit to the Internet: Music stores and video stores got wiped out first, then came bookstores. Shops that are able to offer …
by Anthony B Sanders Toys R Us, along with several other retail stores like Macy’s, Sears, JC Penney (not to mention Limited Stores), are literally “Out of Time.” In other words, that are from a pre-internet shopping/Amazon era. Jan. 24 (Washington Post) …
https://www.youtube.com/watch?v=jYmQqeCkG4o AMAZON GO STORES OPENS – Boasts “Just Walk Out” Tech Auto Charges & Tracks Shoppers We packed a shopping bag full of cookies, snap peas and Amazon-branded drinkware — all of which appeared on a virtual receipt moments later. …
by Chris Black This just in, from Brussels, with love: https://www.youtube.com/watch?v=hDxcQgmQYU0 Riots at Christmas market in Brussels. Arabs storm the area. THIS is what regressive Democrats want for us and our children. Gun control leaves the populace undefended there. …
by David Haggith You may not see it yet, but the scale of the retail apocalypse is so massive that it is about to engulf the US economy. As when a flood tide has crept around you on all sides while …
From Bloomberg: The battered American retail industry took a few more lumps this week, with stores at both ends of the price spectrum preparing to close their doors. At the bottom, the seemingly ubiquitous Payless Inc. shoe chain filed for …
185 branches across UK and Ireland now sell halal-only meat Halal refers to objects or actions permissible under Islamic law Pork is forbidden and while other meat can be eaten, it must be sourced, slaughtered and processed according to strict …
By Michael Snyder It has only been two weeks since Christmas, and already we are witnessing a stunning bloodbath of store closings. Macy’s shocked the retail industry by announcing that they will be closing about 100 stores. The downward spiral …
What is going on? I just heard that numerous Wal-Mart stores from Texas to Florida are closing immediately for 6 month period due to “plumbing problems.” There was no pre-announcement and the store shelves were fully stocked. They even had …