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A comment on America’s ‘Retail Apocalypse’ Is Really Just Beginning. Parent comment

Re:America’s ‘Retail Apocalypse’ Is Really Just Beginning by ChuckMcM on Wednesday November 08, 2017 @12:06PM (#15654356)
It is general market dynamics that at times stores will have things that don't sell. Whether or not "you" find them useful or not is a different story, sometimes a store will be doing well selling things you might find useless, simply because you are not the target market.

The confluence of events that the article alludes to are that many retail stores went through a period of consolidation and buyout through leveraged debt. As anyone with big credit card bills understands, it sucks when you're spending a huge chunk of your income just to pay interest on your credit cards. (or in these stores cases their junk bonds).

This massive debt load is forcing changes faster than what one might see organically and as a result there is a lot of turmoil in the retail business.

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Re:America’s ‘Retail Apocalypse’ Is Really Just Beginning by bsenftner on Wednesday November 08, 2017 @12:32PM (#15654645)
Plus, the strategists that put these retail chains in this debt are no longer there actively working on strategy within this mess. There is more profit for them, personally, working on other deals. Net result, the "rock-stars" set up a mess, pull huge gains from the table, then leave the 2nd or 3rd team to navigate a very difficult debt load they left behind.
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