QUESTION FOR DU....

[yuiyoshida]

Has Trump messed up this country's economy? The reason I ask is our Macy's at the mall is closing its doors for the last time, in 9 days. Is it that Bad that people can not afford to shop at Macy's any more? Anyone have a Macy's near them that is going out of business, having a going out of Business sale?? I can just see it, all boarded up and no one being able to afford the space.. anyway if you have seen Major stores go out of businesses at the near by Mall check in and tell us all whats going on! Thanks, Yui...


Yeah it sucks, first Robinson-May gone out of business, now Macy's?

[dhol82]

1. Most of the problem is online shopping

Doing a price check and then getting the lowest price from amazon will really put a dent in the Macy’s shopping paradigm.
Sad, but this is the future of America.

[yuiyoshida]

7. And I am guessing that one day it will all be a

Monopoly, sorry, only AMAZON HAS THAT AND NO DISCOUNT FOR YOU!!

[question everything]

2. Blame Amazon

I was thinking recently that during the 80s and the 90s and certainly on these pages in the last decade, we held Walmart responsible for the disappearing of "ma and pa" shops. Of turning main streets into ghost towns when small stores could not compete with Walmart in the suburbs. When Walmart sold cheap products from the far east that caused many manufacturing jobs to disappear.

Well, Amazon has been doing the same thing, and in very large scale. So instead of ma and pa shops, we see the demise of Macy's and Toys R Us and other retailers.

Yet, we don't see any protests against Amazon.

[dhol82]

8. Probably because it seem like they are not taking out mom and pops

Dumping on Wally World is much more acceptable.
No less nefarious but less visible.

Also, more money saving to a larger, more educated population.

[question everything]

18. But these large shops employe many who end up losing jobs

perhaps decent stable jobs with benefits.

And.... what about the population less educated? The ones with no online connection, or even credit cards?

[Ohiogal]

3. I think it's more that

so-called "brick and mortar" stores just don't have the walk-through customers any more because everyone shops on line now.

[H2O Man]

4. The economy

in my area continues to decline. It is tough on the middle- and lower-income levels. But we get a warm feeling, just knowing the opulent class is enjoying tax-cuts.

Recommended.

[oberliner]

5. No relationship between those two things

[rurallib]

6. I remember reading about this back in December - vulture capitalists are the real problem

and there are many chains in similar trouble - Macy's and Toys'R'Us probably the worst.

M$M is blaming online (or was) but the real culprit seems to be the vulture capital companies like Mitt Romney's Bain Capital. It is not the internet.

Try this article to start with. https://www.nakedcapitalism.com/2017/09/toys-r-us-another-private-equity-casualty.html

[Ohiogal]

9. Also, Macy's prices

$200 for a handbag or a pair of shoes? Out of my league.

[yuiyoshida]

10. Not now...

At the going out of business sale, 20 bucks!

[GreenEyedLefty]

11. I worked at a Target in Colorado Springs in the early 90s.

I learned a few years ago that the store had closed, through a right-wing friend on FB. He posted an article about it and blamed "Obamanomics." I corrected him by saying that the store was old, had underperformed for years and the shift in area demographics was what did it in.

[Texasgal]

12. Macy's started closing down

stores last year.

I agree with most posters... brick and mortar are becoming a thing of the past. Amazon has taken over.

[3Hotdogs]

13. I can't recall when I last went into a Macy's.

They used to have furniture, electronics and such. Now there is nothing there I particularly want or need. Its not about I can't afford to go there.

[BigmanPigman]

14. I worked at Macy's in visual display, worked as a fashion illustrator

and sold Epiladies (ouch) at most of the major dept stores in the 80s and early 90s. They have been folding right and left for different reasons over the years. Fashion Illustration is dead so that career is gone. Mannequins are obsolete so that career is gone. Epiladies had business problems...also gone.

All the larger store like Robinsons, May Co., Bullocks, Buffums, etc were bought out by Federated or other conglomerates. The economy took a dive many times and with each one more stores were shuttered. Now on line shopping has taken over. A sign of the times.

It is like the fucking moron wanting to bring back coal jobs...Climate Change and tech is not going to allow that to happen and for anyone to thing otherwise is a fool. Other countries' investments into clean energy will leave this country in the dust.

[ecstatic]

15. Maybe they should change their model. Leave the malls, go into regular shopping plazas

Smaller stores, with a "super" Macy's here and there. I don't step foot in a mall unless it's absolutely necessary.

[yuiyoshida]

16. I love cruising the mall and ours has a GAMESTOP my ultimate place for Destiny 2!

[PoindexterOglethorpe]

17. Your Macy's closing down has NOTHING to do with Trump.

It is, quite frankly, mostly because so many people will walk into a store, check out stuff, and then go home and order on-line. I reamed out a friend recently when she told me she does that.

Personally, I NEED real stores for things like shoes. All clothes, actually, but shoes are my personal big problem. I have a bunion on my right foot and I absolutely must try on shoes to find out which ones I can wear. Recently someone tried to convince me that some on-line shoe store that allows (according to her) unlimited returns is a viable alternative. I have a feeling that they'd cut me off soon enough because more than half of the shoes I try on in stores don't fit properly. So if I'm in a real store, not a problem. I take several hours, find shoes that fit, and I'm happy. I can't imagine how long it would take me to find suitable shoes if I had to have them shipped to me, then shipped back and new ones shipped to me. Often, a half size larger or smaller works. So that's easily figured out in a store. Can't imagine how many shoes the on-line store will be willing to ship to me before they say, "Enough! Buy a pair of shoes already!"

As for Macy's specifically, I haven't been in one in some years now, mainly because I don't live very near one. But when I did, it was usually far too rich for my wallet.