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Retail Apocalypse: Retail Chains All Over America Are Collapsing

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If the economy is improving, then why are many of the largest retail chains in America closing hundreds of stores?

When I was growing up, Sears, J.C. Penney, Best Buy and RadioShack were all considered to be unstoppable retail powerhouses. But now it is being projected that all of them will close hundreds of stores before the end of 2013.

Even Wal-Mart is running into problems. A recent internal Wal-Mart memo that was leaked to Bloomberg described February sales as a “total disaster”. So why is this happening? Why are major retail chains all over America collapsing? Is the “retail apocalypse” upon us?

Well, the truth is that this is just another sign that the U.S. economy is falling apart right in front of our eyes. Incomes are declining, taxes are going up, government dependence is at an all-time high, and according to the Bureau of Labor Statistics the percentage of the U.S. labor force that is employed has been steadily falling since 2006.

The top 10% of all income earners in the U.S. are still doing very well, but most U.S. consumers are either flat broke or are drowning in debt. The large disposable incomes that the big retail chains have depended upon in the past simply are not there anymore. So retail chains all over the United States are now closing up unprofitable stores. This is especially true in low income areas.

When you step back and take a look at the bigger picture, the rapid decline of some of our largest retail chains really is stunning.

It is happening already in some areas, but soon half empty malls and boarded up storefronts will litter the landscapes of cities all over America.

Just check out some of these store closing numbers for 2013. These numbers are from a recent Yahoo Finance article

Best Buy

Forecast store closings: 200 to 250

Sears Holding Corp.

Forecast store closings: Kmart 175 to 225, Sears 100 to 125

J.C. Penney

Forecast store closings: 300 to 350

Office Depot

Forecast store closings: 125 to 150

Barnes & Noble

Forecast store closings: 190 to 240, per company comments

Gamestop

Forecast store closings: 500 to 600

OfficeMax

Forecast store closings: 150 to 175

RadioShack

Forecast store closings: 450 to 550

The RadioShack in a nearby town just closed up where I live. This is all happening so fast that it is hard to believe.

But the truth is that those store closings are not the entire story. When you dig deeper you find a lot more retailers that are in trouble.

For example, Blockbuster recently announced that this year they will be closing about 300 stores and eliminating about 3,000 jobs.

Toy manufacturer Hasbro recently announced that they will be reducing the size of their workforce by about 10 percent.

Even Wal-Mart is going through a tough stretch right now. According to documents that were leaked to Bloomberg, Wal-Mart is having an absolutely disastrous February…

Wal-Mart Stores Inc. had the worst sales start to a month in seven years as payroll-tax increases hit shoppers already battling a slow economy, according to internal e-mails obtained by Bloomberg News.

“In case you haven’t seen a sales report these days, February MTD sales are a total disaster,” Jerry Murray, Wal- Mart’s vice president of finance and logistics, said in a Feb. 12 e-mail to other executives, referring to month-to-date sales. “The worst start to a month I have seen in my ~7 years with the company.”

So what in the world is going on here?

Full Story: http://www.infowars....ica-collapsing/

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So what in the world is going on here?

Simple. The planned, total implosion of the American economy. And when everything is in ashes, the socialists already have a plan--and a man--to swoop in and "save the day."

The only problem is, Obama and his charming henchmen don't have the chops to fix what's about to happen. The rot goes too far and too deep.

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Posted · Report post

So what in the world is going on here?

Simple. The planned, total implosion of the American economy. And when everything is in ashes, the socialists already have a plan--and a man--to swoop in and "save the day."

The only problem is, Obama and his charming henchmen don't have the chops to fix what's about to happen. The rot goes too far and too deep.

I agree. It has Agenda 21 written all over it.

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I agree. It has Agenda 21 written all over it.

Unfortunitely you are probably right. I wish I knew for sure where this is really all headed so I could run the other way.

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I agree. It has Agenda 21 written all over it.

Unfortunitely you are probably right. I wish I knew for sure where this is really all headed so I could run the other way.

The answer isn't where to run. It is how to stand.

Pro 28:1 The wicked flee when no man pursueth: but the righteous are bold as a lion.

May Christ give you all you need as the night falls upon us. Peace in Christ Sam.

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Paul Volcker and Zbigniew Brezinski both stated that American's standard of living has to be reduced, for globalization to succed. America's free trade agreements are not free. They are a form of collectivism, by distributing jobs to third world countries or also known as the 'race to the bottom.' America is just catching up with the problems the EU has been experiencing. France and Germany both told the people that they must accept lower wages and decreased benefits otherwise jobs would be shipped overseas. What was suggested to preserve jobs there? Lower the minimum wage.

Along with our decreasing economy affecting the chain stores is the growth of internet shopping. One can get a better selection without having to drive around. Customers who have purchased the same object give their reviews and often save the individual headaches.

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Henry kissenger and Republican appointed Reserve Bank heads have said the exact same thing at one time or another....... it's not really Democrat/Republican It's us/them kind of thing. They are all illuminated evil.

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Paul Volcker and Zbigniew Brezinski both stated that American's standard of living has to be reduced, for globalization to succed. America's free trade agreements are not free. They are a form of collectivism, by distributing jobs to third world countries or also known as the 'race to the bottom.' America is just catching up with the problems the EU has been experiencing. France and Germany both told the people that they must accept lower wages and decreased benefits otherwise jobs would be shipped overseas. What was suggested to preserve jobs there? Lower the minimum wage.

Along with our decreasing economy affecting the chain stores is the growth of internet shopping. One can get a better selection without having to drive around. Customers who have purchased the same object give their reviews and often save the individual headaches.

Beat me to it.

It's really easy to blame the current administration for retail chains closing down, but the reality is that almost no local store can compete with an online big box store that sells the same $500 item for $40 less with free shipping.

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Paul Volcker and Zbigniew Brezinski both stated that American's standard of living has to be reduced, for globalization to succed. America's free trade agreements are not free. They are a form of collectivism, by distributing jobs to third world countries or also known as the 'race to the bottom.' America is just catching up with the problems the EU has been experiencing. France and Germany both told the people that they must accept lower wages and decreased benefits otherwise jobs would be shipped overseas. What was suggested to preserve jobs there? Lower the minimum wage.

Along with our decreasing economy affecting the chain stores is the growth of internet shopping. One can get a better selection without having to drive around. Customers who have purchased the same object give their reviews and often save the individual headaches.

Beat me to it.

It's really easy to blame the current administration for retail chains closing down, but the reality is that almost no local store can compete with an online big box store that sells the same $500 item for $40 less with free shipping.

Can we blame him for the historically high unemployment in the Nation and in specific the black community?

How about the 3 million murdered dead babies that is nearly triple the previous rate since he was elected?

How about the underscored inflation that no one is reporting on?

Gasoline prices?

What about the rampant Homosexual Marriages that are occuring at an advanced clip since he was elected?

What about the nearly 3 fold increase in Health Insurance Premiums since Obamacare was passed?

14 trillion in National debt that he contributed over half of?

47 American citizens killed by drone attacks?

An American Amabassador's murder at the hands of bloodthirsty Islamic thugs, the first one in nearly 30 years?

The legalization in several States of a gateway drug that will Spiritually enslave and kill entire generations since he was elected?

How about the now common practice of Christian persecution, at times perpetrated by the Government, in the Nation?

The rampant violence on the Nations Southern Border?

Voter Intimidation and Fraud?

The repealing of the Second Amendment through Executive Order?

Illegal Administrative Orders restricting oil drilling in the Gulf of Mexico?

Illegal appointments of Federal Judges while Congress is still in session?

etc, etc, etc......

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Can we blame him for the historically high unemployment in the Nation and in specific the black community?

How about the 3 million murdered dead babies that is nearly triple the previous rate since he was elected?

How about the underscored inflation that no one is reporting on?

Gasoline prices?

What about the rampant Homosexual Marriages that are occuring at an advanced clip since he was elected?

What about the nearly 3 fold increase in Health Insurance Premiums since Obamacare was passed?

14 trillion in National debt that he contributed over half of?

47 American citizens killed by drone attacks?

An American Amabassador's murder at the hands of bloodthirsty Islamic thugs, the first one in nearly 30 years?

The legalization in several States of a gateway drug that will Spiritually enslave and kill entire generations since he was elected?

How about the now common practice of Christian persecution, at times perpetrated by the Government, in the Nation?

The rampant violence on the Nations Southern Border?

Voter Intimidation and Fraud?

The repealing of the Second Amendment through Executive Order?

Illegal Administrative Orders restricting oil drilling in the Gulf of Mexico?

Illegal appointments of Federal Judges while Congress is still in session?

etc, etc, etc......

No. We must blame the people of the nation for this for not turning their whole hearts unto God.

1Sa 12:14 If ye will fear the LORD, and serve him, and obey his voice, and not rebel against the commandment of the LORD, then shall both ye and also the king that reigneth over you continue following the LORD your God:

When the heart of the people turned against God, he turned their leader against them. He is just the tool being used to punish the people for their rebellion against God.

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Just one more issue in my life to pray about and give to the Lord.He is in control and knows exactly what is happening.I sure don't :mgcheerful:

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Massive post

The reality of these situations isn't so one-dimensional in cause and effect so that you can just blame Obama/his Administration. Obama doesn't just have a magic box on his desk that he feeds a paper with a problem into and flips a switch towards "mess this up" or "make it awesome". Any one of those subjects is a multi-faceted issue.

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So what in the world is going on here?

Simple. The planned, total implosion of the American economy. And when everything is in ashes, the socialists already have a plan--and a man--to swoop in and "save the day."

The only problem is, Obama and his charming henchmen don't have the chops to fix what's about to happen. The rot goes too far and too deep.

I agree. It has Agenda 21 written all over it.

As do I. :thumbsup:

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Massive post

The reality of these situations isn't so one-dimensional in cause and effect so that you can just blame Obama/his Administration. Obama doesn't just have a magic box on his desk that he feeds a paper with a problem into and flips a switch towards "mess this up" or "make it awesome". Any one of those subjects is a multi-faceted issue.

ROFL

They are an direct result of his policies. An American Ambassador was murdered under his watch.

Millions of babies have been killed because he relaxed the policies related to their murder.

Etc, etc, etc.....

I would like to know when he will be responsible for his Leadership or lack thereof?

Sleep on if you desire but some of us are wide awake. Just remember that God is watching when we call evil good and good evil.

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Can we blame him for the historically high unemployment in the Nation and in specific the black community?

How about the 3 million murdered dead babies that is nearly triple the previous rate since he was elected?

How about the underscored inflation that no one is reporting on?

Gasoline prices?

What about the rampant Homosexual Marriages that are occuring at an advanced clip since he was elected?

What about the nearly 3 fold increase in Health Insurance Premiums since Obamacare was passed?

14 trillion in National debt that he contributed over half of?

47 American citizens killed by drone attacks?

An American Amabassador's murder at the hands of bloodthirsty Islamic thugs, the first one in nearly 30 years?

The legalization in several States of a gateway drug that will Spiritually enslave and kill entire generations since he was elected?

How about the now common practice of Christian persecution, at times perpetrated by the Government, in the Nation?

The rampant violence on the Nations Southern Border?

Voter Intimidation and Fraud?

The repealing of the Second Amendment through Executive Order?

Illegal Administrative Orders restricting oil drilling in the Gulf of Mexico?

Illegal appointments of Federal Judges while Congress is still in session?

etc, etc, etc......

No. We must blame the people of the nation for this for not turning their whole hearts unto God.

1Sa 12:14 If ye will fear the LORD, and serve him, and obey his voice, and not rebel against the commandment of the LORD, then shall both ye and also the king that reigneth over you continue following the LORD your God:

When the heart of the people turned against God, he turned their leader against them. He is just the tool being used to punish the people for their rebellion against God.

I agree that we as a Nation have the Leader that our heart desires. However, that does not leave him without responsibility for his Leadership or lack thereof in this instance. He is also directly responsible for the murder of an American Ambassador. He is also violating the Constitution with impunity and we are afraid to criticize him lest someone think we are less than Christians, but I tell you we are directly responsible before God when we say nothing at all.

You should read up on Dietrich Boenhoeffer when you get a chance.

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Paul Volcker and Zbigniew Brezinski both stated that American's standard of living has to be reduced, for globalization to succed. America's free trade agreements are not free. They are a form of collectivism, by distributing jobs to third world countries or also known as the 'race to the bottom.' America is just catching up with the problems the EU has been experiencing. France and Germany both told the people that they must accept lower wages and decreased benefits otherwise jobs would be shipped overseas. What was suggested to preserve jobs there? Lower the minimum wage.

Along with our decreasing economy affecting the chain stores is the growth of internet shopping. One can get a better selection without having to drive around. Customers who have purchased the same object give their reviews and often save the individual headaches.

Correct; believers should stand up for what they believe in. Otherwise how are we any different than the world? I also agree that retailers are changing with the times; they have to.

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It's really easy to blame the current administration for retail chains closing down, but the reality is that almost no local store can compete with an online big box store that sells the same $500 item for $40 less with free shipping.

When George W. Bush was president, the montra was, "It's Bush's fault!" - gas prices, slumped economy, etc., etc., etc.

Now that Barach Obama is president, the montra is, "It's not his fault!"

Your side of politics really should be honest about your partisanship.

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I agree that we as a Nation have the Leader that our heart desires. However, that does not leave him without responsibility for his Leadership or lack thereof in this instance. He is also directly responsible for the murder of an American Ambassador. He is also violating the Constitution with impunity and we are afraid to criticize him lest someone think we are less than Christians, but I tell you we are directly responsible before God when we say nothing at all.

You should read up on Dietrich Boenhoeffer when you get a chance.

Agreed. He has his part and it is a big one.

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Inforwars? Alex Jones? He lies as much as he tells the truth and he is a giant flake.

Some of these stores might be imploding. I know that the part about Walmart is false because I work there. Sales are up in just about every market. So much for Alex Jones.

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Massive post

The reality of these situations isn't so one-dimensional in cause and effect so that you can just blame Obama/his Administration. Obama doesn't just have a magic box on his desk that he feeds a paper with a problem into and flips a switch towards "mess this up" or "make it awesome". Any one of those subjects is a multi-faceted issue.

But Bush had one, right?

When is Obama going to finally be culpable for the harm he has caused and the bad leadership he has displayed? Or from the Liberal point of view, does he get a free pass forever? The double standards from the Liberal side are ever-expanding.

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So what in the world is going on here?

Simple. The planned, total implosion of the American economy. And when everything is in ashes, the socialists already have a plan--and a man--to swoop in and "save the day."

The only problem is, Obama and his charming henchmen don't have the chops to fix what's about to happen. The rot goes too far and too deep.

I agree. It has Agenda 21 written all over it.

I don't understand your reference to Agenda 21.

I do understand that the 'Agenda' is a United Nations action plan and that the '21' refers to the twenty first century.

I do understand that the UN plan is supposed to be voluntary... ;)

At the apex of United States policy is supposed to reside the consideration for American self-interest. I yield the fact that our leadership is not operating and has not operated for quite some time in favor of what is good for America.

What's the connection then?

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Thanks for the info. Strikes me as odd that Gamestop & office supply stores would close. They seem to do good business. Ah well. Hopefully those laid off will find new jobs!

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I recently went shopping for a set of bed sheets and was surprised at how scarce they were in my old favorite haunts.

I went to Tuesday Morning, Ross and TJ Maxx and all they had were very basic sheet sets and not many of them at that.

I noticed that there were microfiber sheet sets at these stores. Not sure I want those. I need to research them to see what

that fiber consists of.

I like microfiber cleaning cloths and floor mops, but not sure about sheets.

This is only one item that I have really noticed that has fallen behind, compared to what once was there, and I think there

are probably a lot more if I just paid attention.

If things continue as they are now, we are going to find out just how much we were overindulgent and pampered in the past.

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I recently went shopping for a set of bed sheets and was surprised at how scarce they were in my old favorite haunts.

I went to Tuesday Morning, Ross and TJ Maxx and all they had were very basic sheet sets and not many of them at that.

I noticed that there were microfiber sheet sets at these stores. Not sure I want those. I need to research them to see what

that fiber consists of.

I like microfiber cleaning cloths and floor mops, but not sure about sheets.

This is only one item that I have really noticed that has fallen behind, compared to what once was there, and I think there

are probably a lot more if I just paid attention.

If things continue as they are now, we are going to find out just how much we were overindulgent and pampered in the past.

I really don't think that buying bedsheets is over indulging. You sort of need sheets. Are there fewer beds?

Yet it is an example of a wider situation. You've touched on something there I think.

Tires. You need tires for your car. Perhaps owning a car is overindulgent. Perhaps not. Either way the number of cars hasn't decreased significantly have they?

Can't buy tires like you used to. They have to be ordered. New ones that is. I've noticed a growing business in used tires these days. Have you? hmmm

How about jewelry? Gold jewelry. Now there is a little indulgence if ever you labeled it, yet there is little or no GOLD jewelry to be found anywhere. I'm talking about 10k or 14k gold, not gold filled (gold pressed over a base element like silver). There hasn't been any for over a year now. I checked first at my local Walmart, then Penny's and finally at a moderately priced jewelry store then a high priced jewelry store. No gold. Oh yes, I was told over and over that I could pick what I wanted out of a catalog and order it, but they just didn't stock the stuff. They gave me several reasons, none of which were satisfying. The odd thing is that the bullion price of gold has changed very little in the past year. I know. I buy the stuff. I watch the market. No significant change. So where is the gold?

How is gold the same as bed sheets or tires?

The story is the same everywhere and the story I'm hearing is that it's too expensive for retailers to stock stuff. Well, if retailers aren't going to stock inventory then it seems logical to assume that folks aren't going to buy whatever it is they aren't selling. So the stores close.

But is it really too expensive to stock inventory or is this a retail reaction to something else? Taxes perhaps. Healthcare taxes. City taxes. Federal taxes. Are retailers being taxed out of existence or is this a symptom of something else? After all when was the last time a retail clerk was informed about anything except how to operate the cash register? My guess is they don't know either, so the explanation that its too expensive to stock inventory can't be true. They're not lying, they just don't know I think.

Do you? Does anyone here? What's going on? And at what point are there going to be shortages of other things? Things like food? Gas?

How about a water shortage? Some kind of power glitch hit Tampa last weekend and the public water filtration system went down. The official explanation was that a squirrel chewed through some insulation somewhere and the resultant zap killed power for the whole weekend. A squirrel? Really? It takes all weekend to fix a wire? For whatever reason it did take all weekend. No potable water for three days. Nice.

And of course you all know there is a shortage of ammunition. All kinds, all types. Gone. We do know where some of it's going. Grandma is buying a lot of it. Grandpa too. Are they really that scared or are they buying it for another reason?

The gun ranges are supposed to be buying a lot, but folks who like to buy a box or two and go shooting for an hour aren't doing it any more because they fear they won't be able to replace what they've got when they shoot it up. A local gun range has already gone out of business because nobody went there any more. But to listen to the evening news you'd think everybody in America is packing heat and getting ready for a civil war. But they aren't. The NRA is actually complaining that people aren't carrying iron around.

It seems to me that people are hoarding ammunition and buying guns for some reason other than to shoot up the neighbors. They're buying it for investment because when the money is gone and the gold is gone ammo and guns can be exchanged for other things.

Like sheets, and food and other stuff.....

America is becoming a third world country. What's going on folks?

it's just me, hollering from the choir loft...

Edited by rjp34652
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Massive post

The reality of these situations isn't so one-dimensional in cause and effect so that you can just blame Obama/his Administration. Obama doesn't just have a magic box on his desk that he feeds a paper with a problem into and flips a switch towards "mess this up" or "make it awesome". Any one of those subjects is a multi-faceted issue.

But Bush had one, right?

When is Obama going to finally be culpable for the harm he has caused and the bad leadership he has displayed? Or from the Liberal point of view, does he get a free pass forever? The double standards from the Liberal side are ever-expanding.

No, Bush didn't.

Liberals tend to frown upon the right as a cause of the economic decline because those are the facts.

For example, the bailout and the housing collapse.

If Glass-Steagall (If I recall correctly, it's 2AM over here, I'm fading a bit) hadn't been repealed, investment banking would not have been allowed. Mortgage backed securities and certain obscure financial markets would not have poisoned the entire market. Stricter regulations probably would have helped them not sell things they knew were garbage to their clients, presenting it as a profitable opportunity.

If there were stricter regulations for the leverage ratios banks are supposed to have, then American banks would be able to weather a financial crisis much easier.

If there wasn't artificially low interest rates for a very long period of time, then that would've been a big help in not creating the housing bubble in the first place.

Because of these differences in policies, Canada weathered the financial collapse south of the border fairly well. America didn't. My province in particular doesn't really understand what the word "recession" has meant since the the early nineties, it's been more along the lines of "darn, it might take me up to three whole months to find a well paying job in my field."

Our bubbles will come up in 5-10 years or so, but It's just a matter of getting ahead before that happens.

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