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Frank[_24_] Frank[_24_] is offline
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Default O.T. Reason(s) for all the store closures

On 5/6/2017 3:24 PM, Tekkie� wrote:
On 5-May-2017, Ed Pawlowski wrote:

I'm sure some people studied it more than me, but here goes.

You lose the store jobs but gain some warehouse/order picker jobs. when
you ship rather than go to a store. You also gain some jobs in the
delivery system, US, Fedex, USPS.

Shoplifting in retail stores is very expensive and it is cheaper to
control employee theft.

Malls don't have the social attraction they once had. It is no longer
something to do on a Saturday. Society evolves and this is part of it.


I agree with your analysis. I will also add that the selection is limited
and service is unknown. I haven't been in a mall for at least 30 years and
don't miss them.


A mall jeweler once told me his rent in the mall was $100/sq.ft. and
that was years ago. That seems high but maybe because his store was
small as average in 2014 was $45 the

http://www.pattersonwoods.com/main/news-details/9

Rental space cost half as much in outlying stores.