Friday, October 25, 2013

is the sky falling?


"5 Big Retailers That'll Be Gone in 5 Years"
is the title of a Yahoo article from 6 months ago.

Barnes & Noble
Staples
Radio Shack
Sears
and what's the other one...?

oh -- JC Penney's.

Comments from Readers make many points....Lots of people loved buying Craftsman tools at Sears....Lots of people say hope B & N stays open because they like the feeling of a real book in their hands, instead of e-reading.

One said all anyone needs now is a "Tablet"....

Comment:  Invest in delivery services.  No matter what, companies still have to get the product to the lazy consumer who doesn't care to shop.

Comment:  You call it lazy?  I call it being fed up with lazy and rude clerks.

One suggests we buy from the Amish -- they make good stuff.

Comment:  Want to see real change in America?  Stop buying stuff.

Comment:  Now how about telling us what banks won't be here in five years.

Comment:  Perhaps the saddest of the group is Radio Shack.  About 20 years ago I wrote the chairman to tell him they were going down the wrong route.  At the time they switched from selling components and niche electronics to TVs and phones.  I told him those things I could buy anywhere and I wanted back their focus on really unique components.  Funny that even as a 20-year-old at the time I could see this coming.  Of course, the chairman didn't respond - indicative of a company that doesn't listen to their customers.

Comment:  The times they are a-changing, great song sometimes just part of life.

-30-

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