Results 1 to 16 of 16
  1. #1
    Affiliate Marketing Consultant Andy Rodriguez's Avatar
    Join Date
    January 18th, 2005
    Location
    Sunny Miami
    Posts
    8,384
    Thumbs down Heads up - 36 Retail Stores Closing Doors
    Heads up folks,

    I was sent this link over the weekend and even though I think it's a few weeks old, I though it was interesting enough since there are some major retailers mentioned there with large affiliate programs that many of you may want to watch out for ... http://money.aol.com/special/retail-...-closing-doors

    Hope they can turn the situation around, it's not good for any of us ....

    The article links to another one I though was interesting. They assembled a poll of 5,000+ consumers and came up with some interested consumer perceptions / observations which may or may not affct online shopping, http://money.aol.com/special/shopper...ores-in-danger

    Good reading and a good wake up call for me ...
    Andy Rodriguez Consulting, Affiliate Program Management and Consulting Services, Since 2001
    www.andyrodriguez.com | E: abw@andyrodriguez.com | P: (888) 931-ANDY (2639) | Skype: affiliatedoctor | AIM & MSN: AffiliateDoctor | Subscribe To Our ABW Forum Posts | Follow me on Twitter | Join Our Affiliate Programs

  2. #2
    Affiliate Manager guinness618's Avatar
    Join Date
    December 12th, 2007
    Location
    Charlottesville, VA
    Posts
    799
    Wow! I have to say that I agree with just about everyone of the stores in danger of closing. I really don't shop at malls anymore because of the inflated prices and uninspired merchandise. As for Staples and Office Depot, why bother driving when you can get everything delivered to your home for free?

  3. #3
    Newbie Rolet's Avatar
    Join Date
    October 13th, 2007
    Location
    Kansas City, Mo
    Posts
    1,029
    wow - this is an eye opener. There is something really sad about so many stores closing, but I think what bothers me the most, the number of people who will be without jobs because of this.

  4. #4
    Affiliate Manager Howard Gottlieb's Avatar
    Join Date
    December 30th, 2006
    Location
    Mansfield, Texas
    Posts
    1,561
    I think you will see a continuation of this pattern. Not sure what local enclosed mall traffic looks like where you are but traffic is severely down in the Dallas Fort Worth area.

    Destination retailers are moving to more open air shopping centers making desirable traffic even more scarce at covered malls.

    I used to own a chain of retail stores. The lousy thing about retail is the lack of remedies for slow sales. Rents are high. Labor typically unprofessional. The only option many times is to put merchandise on sale which just further deteriorates margins. So many retailers are scrambling for cash flow at the expense of profitability.

    Trying financial times we live in.
    I would rather live my life as if there is a God and die
    to find out there isn't, than live my life as if there
    isn't and die to find out there is.

  5. #5
    Full Member Jim Guinn's Avatar
    Join Date
    January 21st, 2007
    Location
    Bartonsville, Pennsylvania
    Posts
    414
    I think we will continue to see this trend as long as the internet keeps going full-speed and the economy runs out of gas...no pun intended.

    Jim

  6. #6
    Affiliate Manager guinness618's Avatar
    Join Date
    December 12th, 2007
    Location
    Charlottesville, VA
    Posts
    799
    It makes you wonder too about the future of the shopping mall. I know that stores like Sears and JCPenney are anchor stores in just about every mall I've ever been to!

  7. #7
    Moderator leeann's Avatar
    Join Date
    January 18th, 2005
    Posts
    2,955
    Most of these companies have done it to themselves because they have not addressed the real problems going on within their structure before growing so quickly they couldn't address them. Almost all just suck at basic good retailing. Look at home depot for example. People worked HARD to shop the HD stores and in return usually received poor customer service, messy store enviroments and just generally a hassle to do business with them. Their service problems have been so bad that one simple blog on MSN about it ended up being the most commented blog in the history of MSN.

    I have received far better service and more educated sales professionals dealing with online merchants than I've ever found in brick&mortar stores (or at least found in a very long time).

    Many retailers just simply refuse to address that low pay attracts low performers. They allow their 2 and 3 million dollar boxes to be run by someone being paid $35,000.

    Nope - none of these names surprise me other than Ann Taylor maybe...and that's a big maybe. I can think of about five more right off that will end up on that list soon.
    leeann


    Shoppers determine what has value and they like coupons. Stop manipulating who set the cookie just because you do not like coupon and promotional sites.

  8. #8
    Affiliate Manager guinness618's Avatar
    Join Date
    December 12th, 2007
    Location
    Charlottesville, VA
    Posts
    799
    Great post leeann!
    In keeping with the information on your post, let's begin to list stores that WE as ABWers think are going to close their doors (I didn't agree with Ann Taylor either).

  9. #9
    Moderator leeann's Avatar
    Join Date
    January 18th, 2005
    Posts
    2,955
    Off the top of my head

    Outlets -- give it 2 years tops or they will close all but 10 - 20 key locations
    Maidenform
    Liz Claiborne
    Van Heusen
    Jones of NY
    BonWorth

    Although, I think they'll keep their online stores.
    leeann


    Shoppers determine what has value and they like coupons. Stop manipulating who set the cookie just because you do not like coupon and promotional sites.

  10. #10
    Affiliate Manager guinness618's Avatar
    Join Date
    December 12th, 2007
    Location
    Charlottesville, VA
    Posts
    799
    I haven't been to a mall in years, but I do visit outlet centers like Potomac Mills (VA).
    Their listing of stores is pretty bad. The only reason I keep going is because they have an IKEA.
    So, to add to the list:
    Perfumania
    Kirkland's
    Sunglass Hut

  11. #11
    ABW Ambassador superCool's Avatar
    Join Date
    April 23rd, 2008
    Location
    Texas
    Posts
    1,268
    superCool has been expecting this for years - how many Linens and Things do we need? 20 years ago you had to drive a long distance to get to stores like that, but now you are almost always within 5 miles of two of them (in the suburbs anyway). retail has been overbuilding for years. banks are the same way around here - 1 or 2 banks at every cross-road.

    superCool doesn't see why this is a bad thing....just a correction
    _________________
    superCool is off to buy some pillows

  12. #12
    Affiliate Manager guinness618's Avatar
    Join Date
    December 12th, 2007
    Location
    Charlottesville, VA
    Posts
    799
    and more rubber sheets?

  13. #13
    ABW Ambassador superCool's Avatar
    Join Date
    April 23rd, 2008
    Location
    Texas
    Posts
    1,268
    yes exactly - where's that find a store link for Linens and Things?

  14. #14
    Affiliate Manager guinness618's Avatar
    Join Date
    December 12th, 2007
    Location
    Charlottesville, VA
    Posts
    799
    um, I think you are going to need a wayyyyy different store for rubber sheets...

  15. #15
    ABW Ambassador Daniel M. Clark's Avatar
    Join Date
    January 7th, 2006
    Location
    Houston, TX
    Posts
    2,082
    They allow their 2 and 3 million dollar boxes to be run by someone being paid $35,000.
    That is, in my mind, the crux of the problem with offline retail in most cases. These giant multinational corporations are taking in billions (or were taking in billions) and they were paying their executives a ton of cash, but at the local level, you'd have a manager making $30-35,000 a year. You can't get someone to care for that price. As soon as a position opens up with a slightly higher salary or one more perk, they jump ship. If something doesn't get done at the end of the night, no big deal, whatever. If something needs to be repaired, they put in one request to corporate and wait... and wait... and wait... because they don't care enough to bug corporate about it until it gets fixed.

    This is not to say that these people are lazy or incompetent or incapable. For the right price, they can be the most loyal, hard working people in the company.

    I was one of these people for many years.
    Daniel M. Clark
    Tech Manager
    Greg Hoffman Consulting

  16. #16
    Moderator leeann's Avatar
    Join Date
    January 18th, 2005
    Posts
    2,955
    Here is another one that shouts big problems.
    OfficeMax cutting 2,700 managers
    http://www.chicagobusiness.com/cgi-bin/news.pl?id=29863
    leeann


    Shoppers determine what has value and they like coupons. Stop manipulating who set the cookie just because you do not like coupon and promotional sites.

  17. Newsletter Signup

+ Reply to Thread

Similar Threads

  1. Crocs Opening East Coast Retail Stores
    By Alan Hamilton in forum Virtual Family and Off-Topic
    Replies: 8
    Last Post: November 29th, 2007, 05:24 PM
  2. Gateway closing retail stores
    By styleforfree in forum Commission Junction - CJ
    Replies: 21
    Last Post: April 6th, 2004, 11:18 AM
  3. retail-stores.com
    By John Kruger in forum Midnight Cafe'
    Replies: 4
    Last Post: December 24th, 2002, 07:44 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •