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Why Middle class retailers are dying a slow death -- (link)

Posted by Beaker (aka anniebecca) Feb 18 '14, 11:42

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http://www.cbc.ca/news/business/middle-class-retailers-dying-a-slow-death-don-pittis-1.2535685 (www.cbc.ca)

Responses:

"Stores are dividing into two categories: rich and poor" BS, there have always been rich and poor stores. -- nm - spamlet Feb 18, 11:46 28
- but there was a mid-range too. Sears was that. JC Penney (for you guys). Those stores are dying. -- nm - Andie Feb 18, 11:47 26
  - They are dying from mis-management and because Target ate their lunch. - spamlet Feb 18, 11:48 23
    - but Target is basically fancy Walmart. People are going to that level or luxury. I fully believe that. -- nm - Andie Feb 18, 11:50 22
      - Walmart is cheaper, though. -- nm - Spawn Feb 18, 11:51 20
        
        why do people believe this? they are notorious for cheap prices when they open sure, then as they get established the prices are the same as other -- nm - discounters Feb 18, 12:15 2
        
        when does that start? Walmart has been here for 20+ years and I haven't seen it yet... -- nm - Beaker Feb 18, 12:16 1
        
        Plus, they price match anyway. -- nm - Spawn Feb 18, 12:17
        
        sure, but Target is still 'targeting' bargain shoppers. People who want to pay as little as possible. - Andie Feb 18, 11:52 16
        
        I would love to buy what I can from the Bay or Sears but -- nm - zork Feb 18, 12:04 3
        
        SFEK because of how they back up what they sell and quality tends to be better but the price difference is too much for me at the moment. -- nm - zork Feb 18, 12:05 2
        
        yup, I'd much rather buy 4 ok shirts from Walmart than 1 slightly better one at Sears -- nm - Beaker Feb 18, 12:06 1
        
        I'd *rather* have the Sears shirt but that's not what I can do -- nm - zork Feb 18, 12:08
        
        Not when they can go to Walmart and buy it for cheaper. -- nm - Spawn Feb 18, 11:58 11
        
        if they're in the same area. I've been noticing that the Targets and Wal MArts in Indy are starting to be in vastly different areas. -- nm - Remlik Feb 18, 12:02
        
        eh, that's a myth. For identical items, the stores are very close on pricing generally, and in fact some studies have found Target to be lower. -- nm - Don Homer Feb 18, 11:59 9
        
        It's been reported that the Canadian Target stores do not have prices as low as the American stores. -- nm - zork Feb 18, 12:06 3
        
        also though, i don't find Walmart to be terribly cheaper than other places selling similar goods. -- nm - Andie Feb 18, 12:08
        
        the one here is a slightly more upscale/cleaner Zellers with prices around 5-10% higher than Walmart has been my experience so far -- nm - Beaker Feb 18, 12:07 1
        
        everything we ever bought at Zellers fell apart in no time. Walmart products have been better quality but only marginally. -- nm - zork Feb 18, 12:09
        
        Yeah, I see this shift - Walmart is not always the cheapest - Epiphany Feb 18, 12:04 1
        
        Not to be Jax, but I *like* to go into Target. - Spawn Feb 18, 12:06
        
        Myth or no, it is still the norm in behavior. -- nm - Spawn Feb 18, 12:03 1
        
        that's the point. people are going for only the very cheapest. or, conversely, something that is seen as prestigious. nothing in between. -- nm - Andie Feb 18, 12:07
        
        [deleted]
      - (people want stuff for nothing.) -- nm - Andie Feb 18, 11:51
  - [deleted] 1
    - Has been since ancient times, I suspect. -- nm - Beryllium Feb 18, 11:50
- It doesn't even make sense. They're dividing into Rich and Wal-Mart. -- nm - Beryllium Feb 18, 11:47
The antiques/collectables store near my house shut down, months after moving locations in the same complex ... there's a loooot of retail and office - Beryllium Feb 18, 11:44
[deleted] 2
- i am going to start saying (in the USA) for all the stories you guys link. - Andie Feb 18, 11:44 1
  - [deleted]
because the middle class is dying? -- nm - zork Feb 18, 11:42

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