joined:July 23, 2015
There's 8000 stores that will close or go bankrupt in 2017.
That is an ASTOUNDING number.
The suburban shopping malls concept is dying, on top of the poor economy and inability of people to pay for basics, let alone go around to splurge in the malls.
I also somewhat agree with @NickMNS. There's lots of pointless stores that were open. And lots of fads - Lululemon pants , come on... I'll be politically incorrect, honey your fat arse look ridiculous in these
. Same for pants that say Bebe or Juicy you know where, you are not 15 anymore
. Lots of one-two product like Crocs. A lot of them made money on things that aren't selling anymore, like on old dirty jeans with holes - for years now I was unable to buy normal men's jeans , not dirty, not with holes, not with who-knows-how made stains in US, only in Europe or in outlets like Armani Exchange.
People are tired of fads and scams. I won't go near a mall that blasts music , every sales knew that used to bring sales numbers up, not anymore as it actually makes a large group of your audience (with money) to not want to go to your store.
Now also if you start selling the same old chinese crap that everyone else is selling (KMart, JC Penney) that I can buy used or on ebay or directly from China cheaper, if I really
wanted chinese merchandise of low quality? Why would I go to your store?
And Sears... used to be american made quality. Now everything's either too old fashioned that even oldies don't buy, or chinese made that pretends to be american (Craftsman). No reason to go there.
[edited by: engine at 3:38 pm (utc) on Apr 25, 2017]
[edit reason] Please, NO politics [/edit]