Think that people are in a panic too much since the rumor about store closures originated. However, In my opinion, there is little chance that there will be anything massive. Of course, there is a chance that a store closes here and there, especially at less profitable locations, but that isn’t anything out of everyday business. The fact is that the majority of our customers are still not transitioned to e-commerce and that the biggest portion of the business is conducted at the stores. There is a possibility that the headcount of worker will be reduced at some locations but I doubt that they will go further than that. Store reduction will come eventually, but that’s not something we need to worry about at least for the next 5-10 years.
11 replies (most recent on top)
OP, do you also envension a day that all cell phone users home page will be Yahoo? You dumb--s
Radio Shack, Borders books, blockbuster video, Verizon retail, one of these kids is next on the chopping block; not an if, a when.
“...at any given time there are more workers than customers...” @2oqk
I thought, to be labeled a worker, you had to be doing something, maybe working? 🤔
Hey OP, I read what you had to say here, and under @XKxqsCX and, as long as you’re basing this on a hunch, and wishful thinking well, that’s good enough for me, facts, trends, and past history be damned!
stop kidding yourself
at any given time there are more workers than customers. how long can stores stay open with reps pushing overpriced accessories and slamming hums?
Closed hundreds across the country this week. Wait and see. If you think retail has a future, I have oceanfront property in Arizona to sell you.
Lets see.. stores close or flip when leases are up...next gen stores are smaller and upgraded without touching back rooms. ( kind of hard to sell a legacy store to a buyer,) SM headcount not being replaced....hmmm. nope.. no need to worry....everything is just fine...change everything.
Drip drip..slow drip
Pass the pipe please
Wake up its gonna happen soon!!!
5-10 years?
You are really optimistic.