02-14-2018, 11:50 AM | #16 |
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The days of malls, period, are nearing their end. IIRC, there hasn't been a new one built in the east coast of the U.S. in over a decade, and most of them are turning into a blight.
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02-14-2018, 12:02 PM | #17 | |
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Quote:
Too many malls relied on window shopping-as-entertainment to draw in customers for impulse purchases and these days people have a lot more options for entertainment: reading, gaming, video, etc. Shopping is reverting to its original function of fulfilling specific needs. And online can take care of a lot of the stuff that isn't time sensitive. It's a rightsizing thing. Pretty much the same problem B&N refuses to acknowledge.The You can't sell if people don't come. |
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02-14-2018, 06:58 PM | #18 |
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Recent articles I have seen about large malls leasing to folks like exercise facilities and similar facilities just to draw customers to otherwise empty areas of the mall. Many empty retail buildings locally in Reno that have been empty for years from closed department stores to places such as ex Borders books to a ex Good Guys Electronics locally. Due to so much available retail space Borders might be able to renew leases for a lot less at the end of current leases. This in a rapidly growing city where I live, Reno, NV. I hate to think of all the empty retail space in cities that are not growing.
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02-14-2018, 07:08 PM | #19 |
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Nook might survive a B&N bankruptcy as I believe it has been spun off as a separate company now. Nook Media is partly owned by Microsoft and partly by Pearson in addition to the B&N primary ownership share.
https://www.crunchbase.com/organization/nook-media |
02-14-2018, 08:56 PM | #20 | |
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B&N bought back the Microsoft and Pearson shares years ago. Then they spun off the college bookstore business as a separate entity called, creatively, B&N Education. https://www.nytimes.com/2015/02/27/b...ores-unit.html Last edited by fjtorres; 02-15-2018 at 12:33 AM. |
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02-14-2018, 10:37 PM | #21 |
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I am worried about this as well. My company been periodically laying off. I also have a new manager that singled me out to cause trouble for me. SHe seems to think im screwing around but all i do is work myself to death
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02-15-2018, 06:41 AM | #22 | |
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Business insider compares AmazonBooks to B&N:
http://www.businessinsider.com/amazo...hain-retail-20 Lots of pics. They don't like AmazonBooks but they do document all B&N does wrong. Bottom line: Quote:
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02-15-2018, 08:35 AM | #23 | |
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In my eyes, the only reason for a physical Amazon bookstore is to give users an opportunity to handle and test electronics and maybe promote books published by Amazon. The truth is, the online Amazon shopping experience for books is superior to physical shopping. At least in my eyes, it is. |
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02-15-2018, 11:42 AM | #24 |
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Indoor malls have higher heating cooling costs. I've seen some converted to outdoor malls 30 years ago and many more recently.
A relative works at home online for a major insurance company and just moved from San Francisco to Arizona for lower cost of living and less traffic. |
02-15-2018, 11:47 AM | #25 |
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These corporate layoffs are coming after the Trump tax cuts.
It's the higher ups getting ore money and then being the greedy types they are, they want even more. |
02-15-2018, 12:20 PM | #26 | |
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No need to bring politics into it. They've been spiraling down the drain for most of the previous regime. Bad management knows no politics. |
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02-15-2018, 12:30 PM | #27 |
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02-15-2018, 08:16 PM | #28 |
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Nooks not for sale in B&N
I went into the B&N closest to me today and the whole nook section was shut down. No tablets and no eink readers. The Nook desk was there but it was being used to store other things. The only thing for sale were covers for the glowlight 3.
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02-16-2018, 01:07 AM | #29 | |
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Plutocracy 101 :-) |
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02-16-2018, 01:45 AM | #30 |
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I never was much of a mall person, but malls used to be a social center for teenagers and young adults -- like downtowns were before malls. I think what is really killing malls is the same thing that is killing brick an mortar stores in general -- the Internet. Kids' and young adults' social center is now Twitter, Instagram, Snapchat and (for some, I guess) Facebook. I don't know them all, but I'm sure there's others. I wasn't much for malls, but I think it was healthier than this isolation of virtual reality.
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