Posted on 08/18/2016 8:38:47 PM PDT by jfd1776
They see people are not going out shopping and using the internet. A lot of Ruby Tuesday’s are connected to malls.
The absolute best thing for nearly all local economies would be for more and more chain stores to close. The vacuum would be filled by local entrepreneurs who return more to their communities, create more jobs, and invest in ways that help create wealth and good healty communities.
Chain stores sack up the cash and ship it to corporate headquarters, where the emphasis is on satisfying shareholders.
This author ever hear of Amazon?
Bookmark
I think the “excuses” are more reasonable than not.
It’s bad management and social change probably more than the economy.
Ruby Tuesday isn’t very good. And these chains lower the quality of their food.
Fewer and fewer play sports nowadays.
Fewer people do make clothes or do things that fabric stores cater to.
Hobby shops don’t exist anymore either.
Going out of business seems to have a history of being looked at as a good thing by Wall Street.
Remember: they make money off of the churn, even if you loose your skivvies.
Moreover, they ar bouyed by institutional investors like insurance companies with huge piles of swag looking for a return.
Additionally, what with their adoration of bears and fear of bulls, I occasionally wonder that bad news is seen as proof the news isn’t too good that they should be worried. Toss in the fact that humans are able to rationalize their way into ever greater danger (unlike frogs, who lack that ability, we would get broiled) and you have at least the makings of being like the optimist who was heard to yell “So far, so good!” as he fell past the 20th floor.
Drat, I got bull and bear swapped. Bad editing on my part.
Excellent article Mr. Leo.
Except for the part where you write the Paul Ryan economic plan is a good solution.
Paul Ryan is a poisonous RINO.
Excellent article.
For later reading
What is the fascination with restaurants, supermarkets, pharmacies, even hotel lobbies to crank contemporary music at a loud volume? Music is a personal taste and it varies by consumers. I went into a Ruby Tuesday recently and the music was loud and at times painful but then again it is repeated at seemingly every juncture of public facilities. And almost always it is female vocalists trying to extend every note to the max. I had to ask my girlfriend about two that were particularly obnoxious and I was told the artists. It can be hard on the ears and makes it uncomfortable in certain environments. Such music should be played at minimal tones if at all.
He’s forgetting a thing or two. It was also Republicans that voted for and supported NAFTA.
There are also many that support TPP.
A lot of people laughed at Ross Perot but he nailed it.
That great sucking sound will be your job heading to Mexico!
The stock market is not the economy.
It’s a gambling casino for wealthy people...... .........
However I sell both on-line and in a brick and mortar.
In both places sales are down, price pressure is up and I am approached regularly by people who want to sell their collections to me.
People are not just selling their excess, they are selling the good stuff. First editions, rare patterns, manufacturing errors that you normally not only could not afford but you never even saw on the market.
One interesting tidbit, sale always take a nose dive after the fifteenth of the month. People are trying to stretch their money until the end of the month.
That’s a very good point.
Amen. You stated it well.
For decades the Rat mantra at election time was, “Most Americans are one paycheck away from being homeless.”. Of course, it was not true but just something they said to get elected. Now it is true and notice you have not heard that phrase in years.
ping
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