Retail Apocalypse Engulfs US Economy. You may not see it yet, but the scale of the retail apocalypse is so massive that it is about to engulf the US economy. As when a flood tide has crept around you on all sides while you were standing on a high spot out on the flats, not paying attention, you can look up now and see it all around you, and it is coming in rapidly. You can now feel the current under your toes. Since the final quarter of 2. I have been writing about what I call the Epocalypse, by which I mean an economic collapse that will prove to be apocalyptic in scale something that is both epic Herculean in scale and epoch in the literal sense that it will dramatically bring the modern world into a new economic era. See a rich collection of vectors images, photos or vectors for any project. Explore quality vectors pictures, illustrations from top photographers. I might better, then, call this the retail epocalypse because it has insidiously turned into a significant part of that greater event and because it is partly due to e trade. While you may have barely begun to see the boarded stores, the numbers now coming in for stores slated for closure andor bankruptcy in 2. Im not using that term lightly. First, some back story to the retail apocalypse. In case you are just arriving at this blog, let me start with a little recent summary of where I have been going with this staggering development so that you can get a sense of how incredibly fast the momentum of the retail apocalypse retail collapse is now building While Ive talked about it for a year or more, in my March, 2. I particularly described seven headwinds that will batter the economy. At the close of that summary, I mentioned how retail was likely to blow up into a major problem this year More retail closures are in the works. JC Penny announced last week that it will close another 1. Macys recently announced it will be closing 1. Sharepoint 2010 Ms Project Site Template there. Macys said profit fell another 1. Ways Shutter Companies Rip You OffAdvice from experts on how to get the best deal on custom window treatments. Hello my name is Steven Dale and I own Shutter. The place where bottles are going to break is at the neck. Wrap the heck out of it and the whole bottle. The best way to do this is with a lot of bubble wrap. No games matched your search Please try again. All Game Forums. Go to 09 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z. See a rich collection of stock images, vectors, or photos for incident icon you can buy on Shutterstock. Explore quality images, photos, art more. Nikon expert Thom Hogan explains Nikons VR stabilization system. Bubble Shutter Game' title='Bubble Shutter Game' />
Kohls and Nordstrom are keeping things in line by reducing inventory and cutting back on promotions. I doubled down on that in May, coming more to the point by calling it a retail apocalypse, as a few other writers were starting to do at the same time The retail apocalypse grows Not even halfway through 2. The bottom line is simple here. Commercial eal estate investment trusts REITs, malls, mortgage backed securities remember those, and their bankers are in a lot of trouble. The anchor stores are closing up the worst, which will pull others down in the wake by reducing traffic to malls. Pdf File Upload In Joomla Template. Thousands of new doors opened and rents soared. Cheat Happens game trainers. Weve been making PC trainers for over 15 years. Never used a trainer before The number of stores closing during this developing retail apocalypse is jawdropping 23,0 2018. Bankruptcies exceed the Financial Crisis. You want to wear that This Is My Costume Tshirt again this Halloween, you go right on ahead. We wont stop you. Revival Deluxe 2 Download Full Version'>Revival Deluxe 2 Download Full Version. Hell, last year, our costume was partygoer who. This created a bubble, and like housing, that bubble has now burst. According to Credit Suisse, 2. US shopping malls will shut down within the next five years. While this is due to a paradigm shift in how people do their shopping, not just an overall reduction in retail sales, it will send shudders and close shutters throughout real estate based retail economy, having a huge impact on construction, land sales, banking, jobs, etc. That was less than two months ago, and now many are calling it a retail apocalypse. If you think were exaggerating with colossal words, read onThe numbers for the retail apocalypse are fully before us, and they are downright frightening. This thing is MASSIVE, ABSOLUTELY AWE INSPIRING IN SCALE, and I can use those kinds of descriptions and not be exaggerating in the least because this retail meltdown already exceeds anything seen in my lifetime 5. There is also nothing Trump or anyone can do that will stop it because the tide has already closed around us quietly and almost unseen, though in full sight the whole time. These major retail store closures are already scheduled and being implemented now. The boards on the windows start arriving on convoys of semi trucks all across the nation this summer. Before presenting the numbers that prove the retail apocalypse, Im going to let Harry Dent give some colorful perspective as to how this calamity is going to end up Its like a scene out of Resident Evil. Sheets of newspaper scratch along the dusty linoleum floor as the wind beats them into the remnants of a bench or through the open glass door and into the darkened, empty space beyond. Escalators havent run in decades. The air itself looks dusty. Could this really be the future of the American mall Not unless we have a nuclear apocalypse As for this retail apocalypse youve been hearing so much aboutWell, its bad yesIm writing today to tell you it was totally predictable Indeed, it was predictable, and its been predicted here for well over a year, but particularly of late as we have closed in on its arrival. The retail apocalypse has moved from the realm of a growing threat and economic predictions to a full on event that is happening all around us. Here are the numbers So far a total of twenty three thousand stores I spelled it out to give you appropriate pause as to the enormity are already scheduled for closure in 2. Those are numbers that will not be turned back, even if Trumps plans do make it through congress. The legal work has already been drafted and the plywood for the windows is already being shipped. After more than a dozen bankruptcies this year contributed to thousands of store closures, visibility for the industry is so poor that retailers are pushing for lease renewals as short as a year or two down from five to 1. Somewhere between 9,0. U. S. this year, said Garrick Brown, vice president of Americas retail research for commercial broker Cushman Wakefield more than twice as many as the 4,0. He sees this figure rising to about 1. Everyones trying to figure out where the bottom of the markets going to be, Brown said. He estimates it could occur in 2. Even companies that are relatively healthy are moving to prune back hundreds of store locations, making it less obvious for property owners which tenants they may lose. Deterioration can come fast Some retailers that were in good shape a year ago are now on the edge today. Cushman Wakefields Brown sees about 3. U. S. malls shutting down in the next five years. BloombergIn other words, the economic impact is already baked in, even though visibly it is just now becoming obvious everywhere. Harry Dent points out that this was predictable because of his central thesis that baby boomers are moving out of the boom stage when they spend big into the fixed income stage where they have to cut back. Others have pointed out that retail stores are closing because millennials, who are replacing the boomers, prefer to shop electronically. Some stores are closing because they are dinosaurs who didnt keep up with fashion or who ran bad business models. And some of the retail collapse is due to people just not having expendable income in a world saturated with towering debt and long stagnant income and declining benefits. Still others are collapsing because rents are back to being insane. All of those reasons are true, and all of them are why there is nothing Trump or the Federal Reserve can do to stop the retail apocalypse that is already all around us. How the retail apocalypse will overwhelm the entire US economy. You might think, well if this is just about millennials and even house bound or rest home bound boomers moving toward online shopping, then there is no net economic impact. Shopping has just moved online so the same revenue is being generated but in different places. Absolutely wrong for three major reason 1 The growth in online retail sales falls short of the decline in brick and mortar sales so there is a large net loss to GDP.