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  1. Rewind is offline
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    Joined: Oct 2017 Location: Glendale Posts: 9,952
    11-20-2017, 07:13 PM #1

    The department store thread

    The Motley Fool writer Rich Duprey is not optimistic about the future of two big department-store chains:

    Which will die first, Sears or J.C. Penney?

    https://www.aol.com/article/finance/...nney/23281177/

  2. Rewind is offline
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    Joined: Oct 2017 Location: Glendale Posts: 9,952
    11-20-2017, 07:14 PM #2
    Does Santa now have a secretary and business manager?

    Macy's flagship store in New York City is requiring children to have an appointment to see Santa this year

    http://www.businessinsider.com/macys...-santa-2017-11

  3. Rewind is offline
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    Joined: Oct 2017 Location: Glendale Posts: 9,952
    11-20-2017, 07:46 PM #3
    Bloomberg writer Sarah Halzack said today, "No category of retail seems to be feeling pain quite as much as department stores. Macy's saw its comparable sales sink 4 percent from a year earlier. JC Penney took a loss as it moved to unload apparel inventory that just wasn't selling. Kohl's said it struggled to sell clothes amid unseasonably warm weather. It all reflected a trend that has been clear for some time now: Department stores are in decline." In a short video, she explains that Amazon is far from the only reason department stores are suffering:

    Amazon and other e-commerce businesses are not the only department store threats

    https://www.bloomberg.com/gadfly/art...e-threat-video

  4. Penguin is offline
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    Joined: Nov 2017 Location: San Fernando Posts: 257
    11-21-2017, 12:13 AM #4
    Target stores are always remodeling and adding new displays but the Sears and Penneys stores look the same as they looked 40 years ago. Especially Sears.

  5. Rewind is offline
    Legend
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    11-22-2017, 08:40 PM #5
    These are rough times for any store not named Target or Walmart.

    J.Crew to close 50 stores as third-quarter sales plunge 12%

    http://fortune.com/2017/11/21/jcrew-stores-results/

  6. Rewind is offline
    Legend
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    Joined: Oct 2017 Location: Glendale Posts: 9,952
    11-23-2017, 10:25 PM #6
    Here is an interesting story from today's Los Angeles Times. Amidst the steady rise in online shopping, Sears, Toys Я Us and other chains are once again sending out catalogues -- real ones, printed on real paper!

    The old-fashioned mail-order catalog is making a comeback

    http://www.latimes.com/business/la-f...123-story.html

  7. Rewind is offline
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    Joined: Oct 2017 Location: Glendale Posts: 9,952
    11-28-2017, 05:21 PM #7
    A three-year, very costly project is underway in Knightsbridge, London:

    Harrods begins £200m refurbishment, the biggest in the department store’s 170-year history

    http://www.telegraph.co.uk/business/...rtment-stores/
    Attached Images Attached Images

  8. Penguin is offline
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    11-29-2017, 12:13 AM #8
    I said Sears never remodels their stores but I was wrong. The North Hollywood store has been remodeled. It's a lot smaller now but they put in new floors and an elevator. A lot of Sears stores are closing but I'm sure they won't close the North Hollywood store.

  9. Rewind is offline
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    12-01-2017, 07:42 PM #9
    So someone thinks lynchings are something to joke about? Wow.

    'Rope. Tree. Journalist. Some assembly required': Walmart removes threatening shirt from website following complaint from journalist advocacy group

    http://www.time.com/5044596/rope-tre...d-threatening/

  10. Rewind is offline
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    12-07-2017, 03:31 PM #10
    As Walmart shifts away from building new stores and focuses on competing with online giant Amazon, Wal-Mart Stores Inc. is shortening its name to Walmart Inc.

    Wal-Mart's new name: It's not just a store anymore

    http://www.msn.com/en-us/money/compa...D=ansmsnnews11

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