The retail quarter simply can’t appear to get its act together, they try to make us all unswerving clients after which junk mail our inboxes to hell. They pretend to care, however give us lousy provider while of their shops, this is if we are able to even discover a person to help us. They offer discount coupons however we can’t locate it while we go to keep, Free Rain Check, they are saying, nicely, this is not precise sufficient. Then once they sooner or later do lower some prices on their affordably made Chinese imports, we discover it is simplest due to the fact they are final their doors and selling their “dependable customer facts” to a competitor without our permission and the manner starts all once more – whilst will those field shops learn – perhaps when they’re all gone?
The USA Today had an interesting and scary article addressing the future of brick and mortar retailing titled; “Macy’s slicing 6,200 jobs, identifies sixty eight stores in order to be closing,” published on January 4, 2017 which said;
“Retail icon Macy’s says in a release that it’s making “modifications to the manner shops are operated and reducing area infrastructure given the decreased keep sales and evolving client conduct.”
The company expects to register prices of approximately $250 million in the fourth quarter of 2016 that have been not formerly included in its profits guidance.”
If you will recall Macy’s closed 100 stores back in late August/September of 2016.
Maybe it’s more of a remember or protective shareholder’s equity and quarterly earnings. There was an exciting article in Reuters on January 20, 2017 titled; “U.S. Branch stores constant profitability boat while income slide,” written by means of Nandita Bose and Siddharth Cavale (Chicago Correspondents) which said: “U.S. Department save chains, hit by using slowing sales for more than years, have used layoffs, save closings and cutbacks to hold one factor of balance: profit margins.”
Sure, I get that, they need to make extra money, more income, rent fewer people and paintings them component-time to avoid costly out-of-manipulate ObamaCare mandates. And still, I recognize that the Retailing Industry hardly desires another apologetic for their conduct and trampling of their consumer base, in any case they have got their own propaganda and PR groups to alter the minds of their mindless hundreds with their loyal purchaser mass records.