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Retail Stores Closing Doors
Wallet Pop ^ | 7-8-2010

Posted on 07/07/2010 9:24:50 PM PDT by My Favorite Headache

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With the economy floundering, Sen. Joe Biden, D-Del., told Ohio voters today that he and Sen. Barack Obama, D-Ill., would focus on one specific issue that Sen. John McCain, R-Ariz., has neglected.

“Look, John’s last-minute economic plan does nothing to tackle the number one job facing the middle class, and it happens to be, as Barack says, a three-letter word: jobs. J-O-B-S,” the Democratic veep nominee said at a morning rally in Athens.

1 posted on 07/07/2010 9:24:53 PM PDT by My Favorite Headache
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To: My Favorite Headache

Wait til the unemployment numbers hit next month. A lot of these stores literally just closed their doors 2 weeks ago so their numbers haven’t even been factored into the picture yet.

I don’t see this economy recovering for another 7 to 8 years with the healthcare bill passing...and I am being generous.


2 posted on 07/07/2010 9:29:36 PM PDT by My Favorite Headache (Obama is Dangerclown The Manchild)
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To: My Favorite Headache

Bite Me is going to tell us how great that “Hope and Change” has worked out for everyone.


3 posted on 07/07/2010 9:34:50 PM PDT by wjcsux ("In a time of universal deceit, telling the truth becomes a revolutionary act." - George Orwell)
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To: My Favorite Headache
McCain will keep pushing for amnesty and consorting with organized crime figures. McCain is apparently as Joe Pesci said in Casino a “degenerate gambler.” Dollar Store is even suffering? You know things are bad then. People voted for this Depression and by watching TV you support the networks who support Obama.
4 posted on 07/07/2010 9:34:57 PM PDT by Frantzie (Democrats = Party of I*lam)
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To: My Favorite Headache

LOL...Home Depot thinks it’s economic woes are due to the recesssion. Keep sponsoring those “gay pride” parades, Home Depot, and for you the recession will be eternal...


5 posted on 07/07/2010 9:35:25 PM PDT by RavenATB
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To: AdmSmith; Berosus; bigheadfred; blueyon; Convert from ECUSA; dervish; Ernest_at_the_Beach; ...

Thanksk My Favorite Headache.


6 posted on 07/07/2010 9:35:53 PM PDT by SunkenCiv ("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
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To: My Favorite Headache

Unless the GOP romps then gets the guts to demand a copy of the BC then forget about the next decade or two. Long before then the US will be a major toilet.

Blame the idiots who voted for him and support him by watching TV becaus ethe TV networks all support him. And the networks own 95% of all the channels.


7 posted on 07/07/2010 9:37:41 PM PDT by Frantzie (Democrats = Party of I*lam)
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To: My Favorite Headache

The only J.O.B.S.’s Biden and the child King have any experience with is the B.L.O.W. type...


8 posted on 07/07/2010 9:37:56 PM PDT by JDoutrider
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To: RavenATB
Hear, hear! I do my home improvement shopping at Lowe's now. At least until they start sponsoring sodomite pride parades, that is.

Scouts Out! Cavalry Ho!

9 posted on 07/07/2010 9:39:46 PM PDT by wku man (Who says conservatives don't rock? Go to www.myspace.com/rockfromtheright)
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To: My Favorite Headache
Yup. Fudds closed. My wife and I had our first date at Fudds. That was 23 years ago.
10 posted on 07/07/2010 9:39:49 PM PDT by dhs12345
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To: My Favorite Headache

Can’t blame Obama for Blockbuster. I spent a year with them on a management track, and pretty much the day I started I could tell the company was in the process of imploding.


11 posted on 07/07/2010 9:40:12 PM PDT by william clark (Ecclesiastes 10:2)
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To: My Favorite Headache

I think BLOCKBUSTER was going go under regardless of the economy.


12 posted on 07/07/2010 9:40:17 PM PDT by Enterprise (As a disaster unfolds, a putz putts.)
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To: My Favorite Headache

Before we go jumping off bridges, how many of these stores would have closed anyway? I noticed there are several movie rental stores and we all know those are quickly going the way of the dinosaur what with pay per view and quick downloads.


13 posted on 07/07/2010 9:41:28 PM PDT by bgill (how could a young man born here in Kenya, who is not even a native American, become the POTUS)
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To: My Favorite Headache
Click HERE for a good "Near Real Time" indicator on a daily basis of layoffs, Bankruptcy, and closings.

14 posted on 07/07/2010 9:45:13 PM PDT by B-Cause (Don't pick a fight with an old man. If he is too old to fight, he'll just kill you.)
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To: My Favorite Headache

I would give him a pass on the video rentals stores. But must note that JOBS is not a three letter word. And anybody who can mess up a Fuddruckers should be sent to Tijuana to be a dog catcher. Not that I think he would do a good job at it but at least he would be failing in Mexico.


15 posted on 07/07/2010 9:46:51 PM PDT by ThomasThomas (Isn't enough always enough?)
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To: My Favorite Headache

Some of these aren’t a surprise. Foot Locker bought out Footaction and in a lot of places they were basically running two stores carrying the same products in the same mall.

On the video stores, they’re a dying market anyway. Waldenbooks is having the same problem as all the other brick bookstores. Amazon.

The others indicate the weakness of the economy and the hunkering down of the retailers. Several of these chains, such as the Disney Store, sell primarily discretionary products. No surprise that the Highway 84 and the Home Depot are in trouble. Nobody’s building.


16 posted on 07/07/2010 9:47:14 PM PDT by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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To: B-Cause

Awesome...thanks for the link. I will be showing the real time updates on Facebook for all of my liberal relatives to soak up.


17 posted on 07/07/2010 9:50:35 PM PDT by My Favorite Headache (Obama is Dangerclown The Manchild)
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To: My Favorite Headache

Maybe you should have come up with a list? /S


18 posted on 07/07/2010 9:51:07 PM PDT by Vendome (Don't take life so seriously... You'll never live through it.)
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To: Richard Kimball

If you were to do an off the cuff guesstimate...what would you say is the collective number of people laid off here just in these closings?


19 posted on 07/07/2010 9:52:24 PM PDT by My Favorite Headache (Obama is Dangerclown The Manchild)
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To: My Favorite Headache

The interesting thing about closing all these stores is that it actually increases sales in the stores remaining thereby driving up same store sales which is a leading indicator. In reality, total sales have declined but the survivors appear to be thriving. Like what happened when circuit city closed down, Best Buy stores sales increased.


20 posted on 07/07/2010 9:57:22 PM PDT by appeal2 (Don't steal, the government hates competition.)
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