The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

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Two More Victims Of The Retail Apocalypse: Family Dollar And Coldwater Creek

Family DollarDid you know that Family Dollar is closing 370 stores? When I learned of this, I was quite stunned. I knew that retailers that serve the middle class were really struggling right now, but I had no idea that things had gotten so bad for low end stores like Family Dollar. In the post-2008 era, dollar stores had generally been one of the few bright spots in the retail industry. As millions of Americans fell out of the middle class, they were looking to stretch their family budgets as far as possible, and dollar stores helped them do that. It would be great if we could say that the reason why Family Dollar is doing so poorly is because average Americans have more money now and have resumed shopping at retailers that target the middle class, but that is not happening. Rather, as you will see later in this article, things just continue to get even worse for Americans at the low end of the income scale. (Read More....)

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20 Facts About The Great U.S. Retail Apocalypse That Will Blow Your Mind

Abandoned Mall - Photo by Justin CozartIf the U.S. economy is getting better, then why are major retail chains closing thousands of stores?  If we truly are in an "economic recovery", then why do sales figures continue to go down for large retailers all over the country?  Without a doubt, the rise of Internet retailing giants such as Amazon.com have had a huge impact.  Today, there are millions of Americans that actually prefer to shop online.  Personally, when I published my novel I made it solely available on Amazon.  But Internet shopping alone does not account for the great retail apocalypse that we are witnessing.  In fact, some retail experts estimate that the Internet has accounted for only about 20 percent of the decline that we are seeing.  Most of the rest of it can be accounted for by the slow, steady death of the middle class U.S. consumer.  Median household income has declined for five years in a row, but all of our bills just keep going up.  That means that the amount of disposable income that average Americans have continues to shrink, and that is really bad news for retailers. (Read More....)

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Are Black Friday Riots A Preview Of The Civil Unrest That Is Coming When Society Breaks Down?

If Americans will trample one another just to save a few dollars on a television, what will they do when society breaks down and the survival of their families is at stake?  Once in a while an event comes along that gives us a peek into what life could be like when the thin veneer of civilization that we all take for granted is stripped away.  For example, when Hurricane Sandy hit New York and New Jersey there was rampant looting and within days people were digging around in supermarket dumpsters looking for food.  Sadly, "Black Friday" also gives us a look at how crazed the American people can be when given the opportunity.  This year was no exception.  Once again we saw large crowds of frenzied shoppers push, shove, scratch, claw, bite and trample one another just to save a few bucks on cheap foreign-made goods.  And of course most retailers seem to be encouraging this type of behavior.  Most of them actually want people frothing at the mouth and willing to fight one another to buy their goods.  But is this kind of "me first" mentality really something that we want to foster as a society?  If people are willing to riot to save money on a cell phone, what would they be willing to do to feed their families?  Are the Black Friday riots a very small preview of the civil unrest that is coming when society eventually breaks down? (Read More....)

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Black Friday Violence Worse Than Ever As American Consumers Fight Over Deals Like Crazed Animals

We all knew that this was coming, didn't we?  Each year Black Friday violence just seems to get worse and worse.  What does it say about American consumers when they are willing to fight like crazed animals just to save a few bucks on cheap plastic crap made in China?  Not that retailers are innocent in any of this.  It certainly seems as though many of them purposely create wild situations on Black Friday where customers will rush like crazy people into their stores and nearly riot as they fight over discounted merchandise.  The more Black Friday madness there is, the more of an "event" it becomes, and the higher the profits of the retailers go.  This year there was more Black Friday hype than ever and there was also more Black Friday violence than ever.  It is being projected that this year a record-setting 152 million Americans will go shopping between Thanksgiving and Sunday night.  That may be good news for the big corporate retailers, but the shocking lack of character being displayed by American consumers all over the country this weekend is very bad news for the future of this nation. (Read More....)

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