Tag Archives: retail sector collapse

Bits and Pieces – 20170818, Friday

Commentary: I have commented briefly in the past about the evolution of retail in North America and the impact on urban development. Small town, even small city Ontario has seen its municipal core hollowed out and decay as small retailers vanished to be replaced by big box retailers and shopping malls on municipal outskirts where roads allowed access from a wider  dispersed population of suburban and rural dwellers. The collapse of shopping malls has been well documented in the US over the last year in particular. This corresponds with the collapse of the bricks and mortar retailers who are approaching or who have entered chapter 11. As an example, read: State of Retail: JCPenny Plunges, Now a “Penny” Stock; Amazon to Blame?

This week a new a new phase has been recognized as the end point of this process: Battle of the Behemoths, and Amazon and Walmart Battle for Retail’s Future. We have seen reports of towns in fly-over America where the Walmart has closed leaving citizens with no local source of products, especially food.

Bits and Pieces – 20170226, Sunday

Commentary: Building on the the theme I started in Bits and Pieces – 20170224, Friday, the idea of a massive loss of service jobs, particularly in retailing, I would add this video from Gordon long today, LONGWave – 02 08 17 – FEBRUARY – A Rapidly Rupturing Retail Reality, in which he chronicles the collapse of bricks and mortar retaining in North America. Those retailing jobs are gone replaced by online retailing served by massive fulfillment centers as shown in the video Friday and in earlier clips for which I had posted links (but can’t find).

I had referenced two predictions that March 15 would usher in a period of chaos in financial markets. I realized today as I read another forecast from David Stockman that March 15th is the Ides of March. Should we pay attention to Caesar’s wife: Stockman: “After March 15 Everything Will Grind To A Halt”? Related to this is an article by Niel Howe (The Fourth Turning) in which he summarizes the generational cycle theory that he and William Strauss put forward in their book: “Welcome To The Next Awakening” – Author Of Steve Bannon’s Worldview Explains The Path Ahead. He places our current time in this framework and there is the suggestion that it is a philosophy that Steve Bannon is aware of.

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