Retail is dead. Ryan Reynolds’s and Mint were way ahead of their time. They should lay off Jon Freier as he is clueless. I can post new stores on Twitter and say something quippy to make it look like I care. You better shut down all retail and go 100 percent virtual. Learn the virtual game from the company u just stole. Then you will make a Mint! Glad I can hide here…. Just like you not taking negative responses on Twitter. Can handle the truth.
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Name one non-shithole part of the country.
What? Walmart is closing stores? No they’re not. Name one store they’ve closed in a non shithole part of the country.
He opened the same stores he’s closing? I don’t think that’s true. Basically they have taken out the equivalent number of Sprint stores they acquired. Most were former Sprint, some T-Mobile, but mostly former Sprint. Remember, T-Mobile had to overdistribute to make up for being a smaller company without a competitive network. Those days are behind them now.
Fine. Walmart is closing stores. Can’t get more retail. Enjoy your time off soon.
And when you get laid off or lowered job title, your time will change. I did say when…
Jon Freier opened those same stores he is closing. Has there been a new job title yet? It’s been a few months. Corporate stores are the d-mbest thing to open. It costs too much to have a corporate store and then 2 years later they close it when they have to hit the Wall Street number. You are obviously new to the industry and have no clue so I will let you be. When you get more experience and start thinking for yourself then I will continue. You have the magenta blindfold on.
Retail is not dead. Jon Freier has been closing loads of unnecessary stores in the largest markets. He’s also building new stores in all of the smaller markets where they don’t have access to T-Mobile. I bet T-Mobile has closed more than 3,000 stores the last three years to get the right balance between physical retail and digital. One of the trade publications just published a report the other day saying Freier’s approach is right. He’s also building corporate-owned retail and shutting down dealer stores that are horrible. While a tough road the last few years, I agree with the approach and the growth numbers support it.
Retail still makes sense for certain areas and demographics. Not everyone has access to or can afford internet.
At 1 pt metro had 12k stores. Now 1/3 or so and still doing well. Where are those sales coming from…. Did you know they have the internet on computers now…
Walk into a mall you blind millenial. The malls are disappearing. That’s all retail. There is no need for retail stores. Mint proved my point. U don’t need a store to sell a phone. Rent is 3 to 15k a month. Why pay that. Plus utilities, plus healthcare. Start thinking for yourself. You probably won’t so when you get laid off, post something here.
BBBY was a poorly run company that was bleeding cash. Using it as an example of how retail is dead is like pointing at PanAm and saying commercial aviation is dead.
Too many people in here with stupid takes because they either got laid off or don't like the direction the company is heading. Just because that may be the case doesn't mean retail is dead.
Now that’s an UN Derrière move