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Di Leo: Chain Closings and the Very Big Picture
Illinois Review ^ | Thursday, August 18, 2016 | John F. Di Leo

Posted on 08/18/2016 8:38:47 PM PDT by jfd1776

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To: bigbob
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.

Simply not true. Online shopping and lack of income will not support your premise.

21 posted on 08/19/2016 2:36:41 AM PDT by raybbr (That progressive bumper sticker on your car might just as well say, "Yes, I'm THAT stupid!")
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To: o-n-money

Bingo! The Internet has changed the entire retail paradigm. Big box stores are giving way to online sales.


22 posted on 08/19/2016 3:44:30 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: jfd1776

I agree with Mr. DiLeo on most of his points. However, store and restaurant closings are inevitable where there is keen competition and new entrants into a sector provide a better value and experience than the incumbent.

Sports Authority is a good example. They couldn’t compete with new entrants into the sporting goods market such as Dick’s Sporting Goods and Academy Sports. Outfits such as amazon.com hurt them also.

I live near a Hancock Fabrics store. I’m not sure what their business plan or target consumer group(s) are. Where I live in the DC area, there are numerous outlets that sell what they sell, to all different income levels.

Their store won’t be empty for long, as it is located in a successful strip shopping mall near a major intersection in my town.

Same thing with Shoppers Food Warehouse. They are closing their store about a mile from my house (although two other stores in their chain, both within 6 miles of my house, will remain open). Across the street from Shoppers is a 24 hour Walmart with a complete grocery market; one mile south is a Harris Teeter, an upscale grocery which is now a Kroger enterprise; one mile north is a large new grocery targeting the Asian-American market called H Mart. There are two competing supermarkets catering to the sizeable Hispanic population around here.

Giant Food (Dutch owned) and Food Lion (Belgian owned) are two well known names here; their companies have merged, and to get approval for the merger, they had to agree to sell 93 stores to buyers who would agree to keep the stores open. So, we will have at least two new entrants to the grocery business in Virginia, Pennsylvania-based Weis Markets and Florida-based Publix markets, as a result. Giant/Food Lion found other companies to take over their stores in Maryland.

In other words, we don’t live in a static, zero sum world. If you don’t think that competition is good for consumers, go visit a Wegman’s supermarket. They’re making everyone in the grocery business either get better or die.


23 posted on 08/19/2016 4:49:16 AM PDT by nd76
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To: Popman

“This author ever hear of Amazon?”

Yeah, I was gonna say.

I visited a local (big name) pet store yesterday to check out a “not cheap” med for our dog. I’d looked online and the particular brand I was considering offered the med in a variety of sizes, pill or powder, flavors, etc. The local pet store had ONE “configuration”...that I didn’t want. Plus, it was full price.

It’ll be Amazon for this purchase.

I’ll also be purchasing a few other items at the same time as Amazon has changed their free shipping from minimum from $25 to $49. I now group purchases to exceed $49 before I make a purchase.


24 posted on 08/19/2016 5:13:11 AM PDT by moovova
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To: jfd1776
Never vote for a Democrat, for any office. Not for president, not for state or federal legislature, not for judge. Not even for school board, park board, or city council.

Good advice to live by, and I do. The modern day Democrat Party is not just the enemy of America, it is the enemy of all mankind. In all sincerity, in all truthfulness. They will destroy the whole world if they get their way.

25 posted on 08/19/2016 6:19:47 AM PDT by Hardastarboard (This is the legacy of Hillary Clinton: Death, destruction, terrorism and weakness.)
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To: Hardastarboard

Never vote for a Democrat, for any office. Not for president, not for state or federal legislature, not for judge. Not even for school board, park board, or city council.

Just read “Clinton’s America” and you can see what a despicable party the Democrats are and have been for hundreds of years. Too bad the current dumos will refuse to accept that their party is a cesspool.


26 posted on 08/19/2016 6:25:06 AM PDT by JayAr36 (GOPe is really worried they will lose their gravy train)
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To: upchuck

Except for the part where Republicans aren’t responsible. They have ensured every Democratic initiative. Their role has been instrumental in destroying the country. While pandering rhetorically to a conservative base, they have been selling America to the highest bidder.

Ryan is not a lone voice; he is no RINO; he is the voice of the majority.


27 posted on 08/19/2016 6:38:06 AM PDT by antidisestablishment (If those who defend our freedom do not know liberty, none of us will have either.)
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To: Popman
This author ever hear of Amazon?

Yes, but again, how many in a local community can get entry level jobs there? How is Amazon going to employ local businesses for landscaping, carpet cleaning, etc?

28 posted on 08/19/2016 9:29:17 AM PDT by Sans-Culotte ("Political Correctness is communist propaganda writ small" - Theodore Dalrymple)
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To: Sans-Culotte

In my area, Tampa: Amazon opened two mega distribution warehouses...

Thank you Gov.Rick Scott...

One in Ruskin and also in Plant City...

My son works at the Ruskin one...

1 million square feet warehouse, 5,000 plus employees...

Decent FULLTIME pay, ($13.50) very, very good benefits...even some OT...

He left his Publix supermarket job after waiting and working for three years to get full time position which now takes up to five years or more, if you are lucky...(thanks Obamacare)


29 posted on 08/19/2016 10:05:07 AM PDT by Popman (Righteousness exalts a nation, but sin is a reproach to any people. - Proverbs 14:34)
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To: o-n-money

The Ruby Tuesday in my neighborhood has been neglected a long time. No surprise it is company owned. A franchisee would never get away with such a shabby looking sign and building.


30 posted on 08/19/2016 10:08:29 AM PDT by lodi90 (Clear choice for Conservatives now: TRUMP or lose)
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