CNBC: Get ready for the next era in retail, one that will be characterized by far fewer shops and smaller store footprints.
There are three or four malls within a 40 mile square radius of Coal Speaker home base that are practically empty.. Malls try their best to hide empty stores with decoration and advertisements, but there are barren spots. Too many..
I recall those wonderful days of fall, back in the 1980s and 90s when malls were busy.. Internet came and shut it all down.
I know I actively take part in the current day Internet fad. But I will miss stores. I will miss malls. I will miss places like that.
We all will.
It would seem the economy is about to get a big hit this year.. if CNBC is right, a lot of places you shop at (or don’t?) are about to close doors. JC Pennys was first. Who’s next?
A ‘tsunami’ of store closings expected to hit retail