Dick's CEO: "The Retail Industry Is In Panic Mode"

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Sertorio
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Sertorio » Tue Sep 19, 2017 12:23 pm

With less military spending, maybe there would be money to revive the economy... But I guess performing genocide in North Korea or bombing civilians in Syria is the right way to fuflfill "America First!..." Why do you guys in the US put up with this? Wouldn't it be time to put the right to bear arms to its proper use?... :twisted: :twisted: :twisted:

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SteveFoerster
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by SteveFoerster » Tue Sep 19, 2017 3:05 pm

Sertorio wrote:
Tue Sep 19, 2017 12:23 pm
With less military spending, maybe there would be money to revive the economy... But I guess performing genocide in North Korea or bombing civilians in Syria is the right way to fuflfill "America First!..." Why do you guys in the US put up with this? Wouldn't it be time to put the right to bear arms to its proper use?... :twisted: :twisted: :twisted:
American retail stores aren't dying because people aren't buying things, they're dying because people are buying things online instead.
Writer, technologist, educator, gadfly.
President of New World University: http://newworld.ac

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Milo
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Milo » Tue Oct 10, 2017 11:04 pm

Well that's it for Sears Canada! Even at a bankruptcy discount nobody wants it.

"Sears Canada is closing up shop, announcing Tuesday that it is seeking court approval to close all of its stores across the country and lay off about 12,000 employees.

“This took a heck of a long time, because the writing was on the wall almost 20 years ago,” said retail consultant Richard Talbot of Sidney, B.C.-based Talbot Consultants International Inc., who has followed the company for decades.

“It’s very sad, and it’s just amazing how they could fritter away their name, reputation and business model,” Talbot said."

http://business.financialpost.com/news/ ... iquidation

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Doc
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Doc » Thu Oct 12, 2017 10:22 pm

Milo wrote:
Tue Oct 10, 2017 11:04 pm
Well that's it for Sears Canada! Even at a bankruptcy discount nobody wants it.

"Sears Canada is closing up shop, announcing Tuesday that it is seeking court approval to close all of its stores across the country and lay off about 12,000 employees.

“This took a heck of a long time, because the writing was on the wall almost 20 years ago,” said retail consultant Richard Talbot of Sidney, B.C.-based Talbot Consultants International Inc., who has followed the company for decades.

“It’s very sad, and it’s just amazing how they could fritter away their name, reputation and business model,” Talbot said."

http://business.financialpost.com/news/ ... iquidation
Years ago I read that Sam Walton could find out exactly how many of any given item was sold in all of Walmart stores one hour after closing. At that same time Sears took 6 weeks to find out the same information
“The further a society drifts from truth the more it will hate those who speak it.” … George Orwell

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Milo
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Milo » Wed Mar 14, 2018 6:00 pm

Toys R Us is set to close or sell all of its 885 stores in the US in the coming months, the BBC understands.

That move would put about 33,000 jobs at risk.

The giant toy-store chain was already in the process of closing one fifth of its shops as part of efforts to emerge from one of the largest ever bankruptcies by a specialty retailer.
Toys R Us said earlier that all its stores in the UK will close in the next six weeks.

http://www.bbc.com/news/business-43411051

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Doc
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Doc » Wed Mar 14, 2018 8:52 pm

SteveFoerster wrote:
Wed Aug 16, 2017 1:50 pm
Doc wrote:
Tue Aug 15, 2017 6:15 pm
Amazon's predatory model.
There's nothing "predatory" about being better at something than the companies that came before you.
Amazon's model with at least one Amazon seller was to collect data on the customer's sales and customer base. THen copy it and replace that customer's business with a direct Amazon based channel.

THat is inherently predatory
I noticed the other day that it seems in someone put stock in Amazon warehouses they can no longer link to their own web site. That if true means Amazon is talking a paths to eliminate their "partners" That is a monopoly
I actually wasn't able to parse what you were describing here, but no matter what you were saying, since Amazon has competitors in all of its categories, it's not a monopoly.
Standard oil had competitors originally. It put them out of business generally by controlling oil from the time it came out of the ground until it was put into cars.(vertical monopoly) Amazon doesn't just sell oil. It sells everything
“The further a society drifts from truth the more it will hate those who speak it.” … George Orwell

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Milo
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Re: Dick's CEO: "The Retail Industry Is In Panic Mode"

Post by Milo » Thu Mar 15, 2018 4:22 pm

Doc wrote:
Wed Mar 14, 2018 8:52 pm
SteveFoerster wrote:
Wed Aug 16, 2017 1:50 pm
Doc wrote:
Tue Aug 15, 2017 6:15 pm
Amazon's predatory model.
There's nothing "predatory" about being better at something than the companies that came before you.
Amazon's model with at least one Amazon seller was to collect data on the customer's sales and customer base. THen copy it and replace that customer's business with a direct Amazon based channel.

THat is inherently predatory
I noticed the other day that it seems in someone put stock in Amazon warehouses they can no longer link to their own web site. That if true means Amazon is talking a paths to eliminate their "partners" That is a monopoly
I actually wasn't able to parse what you were describing here, but no matter what you were saying, since Amazon has competitors in all of its categories, it's not a monopoly.
Standard oil had competitors originally. It put them out of business generally by controlling oil from the time it came out of the ground until it was put into cars.(vertical monopoly) Amazon doesn't just sell oil. It sells everything
For the foreseeable future we all have a part time job training AIS. May as well make your peace with it.

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