Tuesday, September 19, 2017

Steve's Barking; The malls are losing business

 Woo is me, there is a slow down of buying at the malls. If I was to believe the economic pundits  it's all because of Amazon and other on line retailers. Now hold on a minute, on retailing takes less then 9% of all retail. What else is happening? More people are retiring, and their income is reduced, while necessary expenses are going up. These are people who have the time to go to the malls.
What about recent (in the last five years) college graduates who are so straddled with debt that they can't make purchases on nonessential items.
I'm just saying that retail in big box stores may have other reasons for slowing down. Ya think?

Has sales at Amazon gone up the same percentage as sales at big box stores gone down?
Is Amazon selling at a loss just to get market share? Or can Amazon selling cheaper because of discounts it gets for buying in bulk for reselling, and the cost of storing, selling and shipping including (especially) the productivity of humans when you don't need associates so much less that it can make a greater profit then a retail store?





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