Retailers that should be shutting stores

Maybe these stores are closing because we can't afford to shop anymore.  Washington has done nothing to help the middleclass in years and retailers are feeling the pain. I bring home $60 dollars less every paycheck and just can't afford to shop. I suspect this will only get worse as our debt grows and the electorate looks for even more handouts.

Cheap junck coming from China.

All of these store closing proves the economy is getting WORSE not better.  There are many large companies closing where I live.  This proves the same thing.  Don't believe the liberal media with their statements about the economy improving.  The proof lies with the facts not the dumb liberals moving their mouths.

People want a good bargain, but quality too.  J.C. Penny went the other way of the consumers.  Best buy need more discounts.  KMart is probably bringing down Sears.

JCP was a reliable place to shop and Stafford shirts were the best available. No longer.

* I ordered Stafford shirt online.
-- Shirt arrives with monogram I did not order and is not my initials. JCP's 'phone rep says will send pre-paid shipper to return shirt. It never arrives.
* I return shirt to store and reorder.
-- Second attempt arrives in wrong size.
* I return second shirt to store and try to reorder
-- I'm told shirt is discontinued.

I drove 50 miles back and forth for a shirt that I do not have. I asked the sales clerk what was going on with JCP and this 40-year JCP employee told me that all the processes deteriorated since the new leadership arrived and that wrong shipments are common now.

As a finance guy, I recognize that one trick to inflate revenue is to book sales on wrong shipments and reverse the sales later when they are returned -- after later misshipments created sales "float" to replace them. Is this the driver behind the increased misshipments at JCP?

Yes Sears and Jc Penny's have been in and out of trouble since the 80s. I would like to see bank of america  and citi bank  join the list of the list of gone for good also Sears was a great company at one time but they made so many missteps I doubt if they can hang on for long.

BestBuy = a catchy name, BUT far from the actual best buys. I can sum up "bestbuy's" overall failure in one word: GREED !  All a customer is at the end of a business day to this company is a "number."  I laughed at the latest bestbuy tv commercial I viewed where the "kid" in the blue shirt is telling the female customer "we are not on commission." No, kid it is just that your very hours/job depend on how much junk you can unload on an unknowing customer. Ever wonder why when you walk into a bestbuy that "kid" in the blue shirt tries to sell you everything including their bathroom sink? Unless they changed their sales tracking format each employee must carry around a TRACKING SHEET logging each sale/all accessories sold/BB credit card attempts/reward zone joins/black tie (service plans) sold/geek squad services sold (HIGH priced pc services you do yourself @ home usually within 20 minutes./copy of each sales receipt) These forms are to be turned into a salary manager before the end of their daily shifts. The store's general manager reviews them (if he/she can read LOL.) As you get the bigger picture here those underpaid/overly pressured/poorly trained blue shirts do NOT have your best interests in mind. Oh sure on latest tv ads (propaganda) they seem to know all...try going into a BB store ask some technical question while watching them turn blue in the face LOL.
I miss the store meetings where all the sales manager (joke) was concerned with was yesterday's numbers and how to sell YOU more junk.  Here is how to take the #1 electronics retail giant and destroy it:
1- run off all higher paid employees (ala Circuit City)
2- keep all the corporate pork that dropped the ball (ala Circuit City)
3- keep upper store management who provided all those brilliant ideas led to BB's mess (haha)
4- how are those tracking sheets working out for you boyzz n girlzz...another brilliant idea LOL
5- Managers focusing on bonuses NOT the customers' needs..hmm I smell personal greed LOL
6- Employees promoted by who you knew...not what you knew...worked out great LOL
How do I know all this? : former "special"bestbuy employee  558955...look for my book about BestBuy coming soon! My former GM will love it LOL!!!!!!

Barnes and Noble will eventually close all stores, and only have an online presence.  Sears will die a slow-but-sure death completely.  Best Buy doesn't have enough high-end stuff (I just tried to get a 4k demo; forget it).  Businesses are like humans:  they are born, they grow, but they finally die.  It is the circle of life.

to Everett Draper: if your that adament about China's output-I suggest viewing a film released in 2009, titled "Last Train Home" its a documentary on sweat shop workers in China. It boogled my mind, the scenes of migrant factory workers by tens the thousands boarding trains to go home once a year is something you may only expereince via the film. It recieved 4-5 stars by reviewers, and trails the ilfe of entire family of Chinese sweat shop workers that make products for AMERICANS, jeans, toys, "Material Girl"...

If you are going to play the "game", you had better be good at it.