5 retailers shuttering stores

These chains are battling to avoid the fate of Borders, Circuit City and other well-known retailers that went bust.

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180Comments
Apr 10, 2012 1:22AM
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Our small town here in southern Oregon has now lost its Sears store.  By the looks of the amount of customers I see in Penny's when I go in I suppose it won't last a lot longer either.  Sad, they used to be my favorite stores.
Apr 10, 2012 12:10AM
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Internet killed more than the radio star...
Apr 9, 2012 9:38PM
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I went to visit New York City for the first time this past summer and was so excited to go into the original Macy's. When I went inside, I saw one big mess. Clothing unfolded, it looked like a tornado had hit it. I was so disappointed as we went from one floor to another and one section to another. There weren't a lot of sales staff. I thought to myself, if they would pay me a good wage, I would come in and just fold. That kind of thing is theuaputic (?) to me.  Mark up on clothing and designer brands is unreal. Macy's does have good sales.  If this is what the flagship store is like, no wonder retail stores are closing. No customer service anymore. and without meaning to, the unions have priced themselves out of jobs that are shipped to China and Singapore.

Apr 9, 2012 7:56PM
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Hey Sears, hows that "lean supply chain mentality" working out for ya?
Apr 9, 2012 7:51PM
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Then again, I have a volvo with 230K miles that still runs great...and my last two $55K american cars suk'd
Apr 9, 2012 7:47PM
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REALLY?...some **** gave me a thumbs down because Sears doesnt keep anything in stock any more...really?
Apr 9, 2012 7:46PM
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Who cares, as long as China's factories are keeping busy...although, someday there wont be anyone able to buy the crap...
Apr 9, 2012 7:29PM
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What the powers that be do not understand is that as our jobs get shipped overseas, there are less and less people with the income to buy all these imported products...bring back the jobs and sales will follow...
Apr 9, 2012 7:21PM
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last 3 times I tried to buy something at Sears, they didnt have it in stock...I dont want to wait 7-10 days to buy what I want and/or need...Sears is the last place I think to shop at now.
Apr 9, 2012 6:50PM
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I LOVE GAP Kids but everytime I want to purchase something it is sold out in the size needed- they should think of the sales and actually stock items - ....common retail - have product to sell, sale = $, $ = profit......no inventory = no sales = no profit = closing stores..... Get it together people!
Apr 9, 2012 6:30PM
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If you really think G.W. Bush & his ol'cronies didn't create this hell hole of  the economy......You are delusional and simply in DENIAL.....which by the way is not a river in Egypt. So stick that up your republican...& spin on it. Read any good Palin Press lately?
Apr 9, 2012 3:38PM
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Funny that no one has mentioned Wal-Mart ruining the economy.  They once boasted "Made in The
USA".  They should put up new banners "Made in China".
Apr 9, 2012 3:28PM
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It is sad to see a way of life in retailing dis-appear so rapidly! These stores at one time were ANCHORS from which communities sprang. I ponder the health of the surrounding areas ,do they simply dissappear like the anchor retailers? Do people become storage items in HUMAN WARE-HOUSES instead of the single detached dwellings! All of these changes have CONSEQUENCES,and the thought of the these consequences do not bode well for the QUALITY OF LIFE in these new "communities".  

Apr 9, 2012 2:35PM
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Problem with Macy's  is it is  catering to the new  third world Immigrant population, the quality & design of clothing is geared towards certain Ethnic groups , fabrics are cheap & nasty petroleum based synthetic loud and tasteless , they seem to think we all want to look & dress like lady's of the night,.
The Conservative Dresser, has been sidelined especially in Florida Macy's , - now , Dillard's has succumbed to this Market trend , Nordstrom's is about the only Department Store  to really care about it's discerning Customers.
J.C.Penney & Sears just lost the Plot completely with old tired stores, personnel who look bored and hiring of personnel who do not speak English is a definite turnoff , also this penchant to have manufacturers use  tacky Colors, just for them , who wants to look like they bought clothing made just for Penney's ? as for buying at Target, now why would we want to buy from the "FRENCH " ? we can do better, get back to basics and buy only clothing made in America of Cotton grown in America , let us stop buying this cancer causing poisoned clothing from China.

Apr 9, 2012 12:32PM
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We can do without those stores.
The people who worked there, though,  will be pushed down even further trying to find a job.
A 'good'  job,  I mean.
Apr 9, 2012 11:30AM
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its not so much Capitalism has failed, It just has reached its mature stages. In so now all it will do is suck up wealth into the upper levels and eventually collapse. Yes I agree New World it is time for something different before its collapse....capitali​sm sucks.
Apr 9, 2012 9:46AM
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Hey "New World Is Raising" -- get out of the USA if you don't like it. There are PLENTY of socialist countries for you to pick from in the world. WE WON"T MISS YOU and we CERTAINLY don't need you here.
Apr 9, 2012 8:33AM
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Our system is a FAILED one....we need SOCIALISM like it is in place in Brazil...a new socialism of the 21st Century that is kicking our butts. Capitalism is a FAILED system that take advantage of the MEN by Men..explotation and greed!
Apr 9, 2012 6:09AM
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"Bush deregulated the financial industry and we ended up with the housing collapse."

 

WRONG. The housing market collapsed because of the government practically forced banks to lend money to people who had no business taking on a mortgage. This was done because a study showed that minorities were being denied loans--insinuating some kind of prejudice. The REAL reason for the loans being denied was the borrowers couldn't afford them. But, in the name of "fairness & equality", the number of people suddenly "able" to "afford" to buy a house rocketed. The result of skyrocketing demand? Skyrocketing prices!! The Bush administration actually WARNED us about Fannie & Freddie back in 2002. So, turd burglar, YOU are the economic ignoramus. Keep kissing Obama's lying fanny.

"No president has ever had control on gas prices but they lie and say our problem is Obama." Funny. All of a sudden, now that the messiah is ensconsed in the oval office, he has no affect on rising gas prices. It certainly WAS the president's fault, according to the lamestream media, when the president's name was "BUSH". I suggest you look back and take a look at what happened to gas prices when Bush announced that expansion of drilling was cleared. Gas prices plummeted. Also, the cost of oil is tied to the US Dollar. As long as Obuma's policy permits non-stop printing of unbacked money, the value will continue to drop--resulting in a rise in the price of oil. Again, YOU are the ignoramus.

 

"It has been proven that it is Wall Street and speculation on oil prices that has driven up prices." Proven by who? Media Matters? The rise of oil prices was explained above. Also, as far as 'speculation' goes, there is not just a "seller" who sets the price. There is a "buyer" who pays it. So, it's a legitimate transaction.

 

"The US produces more oil now than when Bush was in office, and we have more oil in reserve, and the demand for oil is low. So the free market is not working because of Wall Street." Again, since the cost of oil is linked to the value of the US Dollar, the price will continue to rise until the dollar stabilizes.But don't think that Obuma's hostility to oil and coal has not had an effect on prices. His policies have contributed MIGHTILY. He'd rather shovel money into bankrupt solar companies who financed his first campaign. He is the most corrupt, duplicitous, mendacious thug who's ever sat in the Oval office. He makes Nixon, Clinton and Grant look like the holy trinity.

 

"Like I said, they are ignorant and uneducated. Their Republicans keep blocking any legislation that our nation needs, and they blame Obama. Not very intelligent. Just ignore those imbeciles."

 

As long as imbiciles such as YOU exist, America will continue to decline with Master Obuma at the helm of our national Titanic.

Mar 13, 2012 11:30PM
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Stores refuse to change until people exit -- I am not going to spend my hard earned money at stores when they don't care about their customers. 
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