Additionally, the malls became a refuge for the gang bangers. Once people stopped feeling safe they began to retreat to independent stores. Prices were slightly lower, less hassles with people, generally local i.
Yes, the Mall Concept has come to an end. Everything for the most part can be bought on line. Another words do it yourself , no sales person, easier returns, etc. More stores are slated to close in the next few years. Those that rely heavily on tourism are harder hit than those that have an industrial, business, and tourism based economy. Florida and Hawaii come to mind as the majority of their economies is based mostly on tourism.
I have lived in Florida for over 60 years and this is the worst I have seen. Friends and acquaintances some of which have 20 and 25 years in the entertainment field, Disney, Sea World, Universal have been let go with very little chance of reemployment. The cruise ship industry keeps pushing back when they will start cruises now maybe summer There are no jobs. The regional malls in smaller cities and towns have been especially hit hard. Where there were 3 or 4 anchors there is only 1.
Numerous larger cities are also down to 1 or 2 anchors as well. Some people have been waiting almost a year to get their unemployment benefits. Several companies are saying a new round of retail store closures will hit by summer. Florida just added another Sears Store to the list. I also, have heard talk of another K-Mart. This will leave only 4 Sears and 3 K-Marts left in Florida.
Likewise the Sears Hometown Stores are down to just 8 in the state. Skip to content. Is Kmart Bankrupt? A Kmart location in Hagerstown, Maryland nearing its final day, December Photo by BroStocks Media. Share this: Twitter Facebook. Like this: Like Loading Tagged kmart. They are open and declared essential.
A recent visit to a Maryland Kmart, during the current stay-at-home order, proved otherwise. Signage that promoted social distancing was not needed. There were very few customers. An overstocked clothing department sat alongside an odd assortment of grocery products, a barren home and sporting goods department, and aisles and aisles of dramatically discounted holiday items.
Unlike other Kmarts visited over the past few years, this Maryland Kmart was relatively clean. There was a certain pride to it.
In spite of dwindling truck deliveries, this store was seemingly doing the best with what it had. Twice-weekly truck deliveries have been cut in half. Store employees do not even know what will be on these trucks. Hopefully it will be something that shoppers need so that sales do not drop any further. Kmart associates need jobs and the country does not need another empty retail building. The checkout process at Kmart can be a grueling experience. Shoppers often abandon these lines and just leave the store.
Once again, Kmart was essential. Note: The store count, as reflected in the title of this article, does not take into account the remaining Kmart locations in Puerto Rico, the US Virgin Islands and Guam. This is a BETA experience. You may opt-out by clicking here. More From Forbes. Nov 11, , pm EST. Nov 11, , am EST. Nov 10, , pm EST. Nov 10, , am EST. Edit Story. May 9, , am EDT.
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