Retail Apocalypse: Major Retail Chains Collapsing?

[mikepdx]

Retail Apocalypse: Why Are Major Retail Chains All Over America Collapsing?
Sears, J.C. Penney, Best Buy and RadioShack Are All Going To Close
Hundreds of Stores Before The End of 2013

If the economy is improving, then why are many
of the largest retail chains in America closing hundreds of stores?

Retail Apocalypse: Why Are Major Retail Chains All Over America Collapsing? | InvestmentWatch

[abbadabbado]

if any one believes it is improving there so far to the left they are about to fall off the world ha ha

[W8RMH]

Who needs stores when you can buy everything on the internet and never have to leave the house.

[KB7MIB]

Wirelessly posted (Mozilla/5.0 (X11; Linux i686; U; en-US) Gecko/20081217 Vision-Browser/8.1 301x200 LG VN530)

Maybe any improvement (if there is any) has come too little, too late to save many businesses.

[Halfpint]

Originally Posted by W8RMH

Who needs stores when you can buy everything on the internet and never have to leave the house.

Oh? How about people who actually want/need jobs? Not everyone wants to be suckling off the governement teat.

[rdale]

Originally Posted by Halfpint

Oh? How about people who actually want/need jobs? Not everyone wants to be suckling off the governement teat.

Those Internet stores are actual businesses that employ actual people.

[feets]

Unless your management, if your working retail, your working and still need the government teat.

Those low paying, part time jobs still qualify you for food stamps

[James_Bond_007]

it's called a changing economy. business needs to change with the times to stay in business. what we need a federal VAT here like Europe has and a flat rate income tax structure on all income that is above the federal (currently $11,200US) poverty level. you can still have write offs for charitable donations up to a certain percentage of income to encourage charitable donations but that should be the only tax loop hole allowed and the payroll tax should be extended upward not increased.

when will the left and the right both wake up and realize this?

[feets]

Originally Posted by James_Bond_007

when will the left and the right both wake up and realize this?

Oh, I think they know. There are too many negative consequences to doing it though.

If they do the flat tax;

How do they reward their friends when they are no longer able to hand them a tax loophole(give them their own money)?

How do they reward their campain and super pac contibuters?

How do they control which business' have the upperhand if they cannot give breaks and subsidies to one while fully taxing and regulating the other?

How can they give incentives to buy support for some laws and punish those that go against them?

These are just a few questions that need answers before something like a flat tax has a chance to be implemented.