Reblog: Detroit News behind the MCT curve on the impending ‘tsunami’ of retail store closings

retail storesIt appears we will be seeing a bunch of brick and mortar store closings. Whether that will be due to the Internet or the strength of the economy still remains to be seen. However, we should be able to tell to some extent by the type of store closings. If they sell stuff that people don’t usually buy online or people have been using catalogs to buy for years, then the growth of Internet shopping probably has little to do with it.

From steve at motorcitytimes.com

Detroit News behind the MCT curve on the impending ‘tsunami’ of retail store closings

Posted on March 8, 2014

If you read the Detroit News, you read this about the impending ‘tsunami’ of retail stores closing today:

That day of reckoning, some say, has arrived, with one retail watcher predicting a “tsunami” of store closings this year.

That prediction, by Brian Sozzi of Belus Capital Advisors in New York, was made in January. Radio Shack announced this week that it was closing up to 1,100 of its stores, and Staples said Thursday it was shutting 225 of its locations.

Even retailers that recently have been in expansion mode are trimming their store counts. Teen retailer Aeropostale is planning to close 175 stores in coming years. The Children’s Place, while continuing to open stores, will shutter 125 of its weakest shops by 2016.

MCT readers have a nearly two month head start on Detroit News readers:

Comments are closed.

Blog at WordPress.com.

Up ↑

Oh Lord, It's Monday!

Understanding The Bible In A Way That Transforms You And Your World

The Cripplegate

for a new generation of non-conformists

D. Patrick Collins

liberating christian thought

MUSINGS OF AN IMAGINARY BILLIONAIRE

Welcome to Conservative commentary and Christian prayers from Gainesville, Virginia. That's OUTSIDE the Beltway.

The Way Online

Christian Insight Through God's Word

Conservative Government

Welcome to Conservative commentary and Christian prayers from Gainesville, Virginia. That's OUTSIDE the Beltway.

The Night Wind

Welcome to Conservative commentary and Christian prayers from Gainesville, Virginia. That's OUTSIDE the Beltway.

Reclaim Our Republic

Knowledge Is Power

John Branyan

something funny is occurring

In Saner Thought

"It is the duty of every man, as far as his ability extends, to detect and expose delusion and error"..Thomas Paine

Christians in Motion

Christians in Motion

SGM

Faithful servants never retire. You can retire from your career, but you will never retire from serving God. – Rick Warren

The Latin Community

"You will be my witnesses." Acts 1:8

All Along the Watchtower

A new commandment I give unto you, That ye love one another; as I have loved you ... John 13:34

The Sheriff of Nottingham in Prince William County

Welcome to Conservative commentary and Christian prayers from Gainesville, Virginia. That's OUTSIDE the Beltway.

The Derecho

Welcome to Conservative commentary and Christian prayers from Gainesville, Virginia. That's OUTSIDE the Beltway.

The Bull Elephant

Conservative and libertarian news, analysis, and entertainment

Always On Watch: Semper Vigilans

Welcome to Conservative commentary and Christian prayers from Gainesville, Virginia. That's OUTSIDE the Beltway.

The Family Foundation Blog - The Family Foundation

Welcome to Conservative commentary and Christian prayers from Gainesville, Virginia. That's OUTSIDE the Beltway.

Cry and Howl

Let not him that girdeth on his harness boast himself as he that putteth it off. I Kings 20:11

Twenty First Summer

Thoughtful. Positive. Relevant.

Dr. Luis C. Almeida

Christian College Professor

praythroughhistory

Heal the past. Free the present. Bless the future.

Dr. Lloyd Stebbins

Deliberate Joy

Lillie-Put

The place where you can find out what Lillie thinks

He Hath Said

is the source of all wisdom, and the fountain of all comfort; let it dwell in you richly, as a well of living water, springing up unto everlasting life

partneringwitheagles

WHENEVER ANY FORM OF GOVERNMENT BECOMES DESTRUCTIVE OF THESE ENDS (LIFE,LIBERTY,AND THE PURSUIT OF HAPPINESS) IT IS THE RIGHT OF THE PEOPLE TO ALTER OR ABOLISH IT, AND TO INSTITUTE A NEW GOVERNMENT...

PUMABydesign001's Blog

“I hope we once again have reminded people that man is not free unless government is limited. There’s a clear cause and effect here that is as neat and predictable as a law of physics: as government expands, liberty contracts.” Ronald Reagan.

nebraskaenergyobserver

The view from the Anglosphere

Freedom Through Empowerment

Taking ownership of your life brings power to make needed changes. True freedom begins with reliance on God to guide this process and provide what you need.

bluebird of bitterness

The opinions expressed are those of the author. You go get your own opinions.

Pacific Paratrooper

This WordPress.com site is Pacific War era information

The Isaiah 53:5 Project

Life: the time God gives you to determine how you spend eternity

altruistico

People Healing People

THE RIVER WALK

Daily Thoughts and Meditations as we journey together with our Lord.

Silence of Mind

Where God Speaks and Creation Listens

My Daily Musing

With God we will gain the victory, and he will trample our enemies. Psalms 109:13

atimetoshare.me

My Walk, His Way - daily inspiration

Nickel Boy Graphics

Comic Strips (Some Funny, Some Serious)

Rudy u Martinka

What the world needs now in addition to love is wisdom

Truth in Palmyra

By Wally Fry

Kingdom Pastor

Living Freely In God's Kingdom

The Life Project

Finding Clear and Simple Faith

In My Father's House

"...that where I am you may be also." Jn.14:3

%d bloggers like this: