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i am harry posted:Is literally a lie. There's a lot of things you can criticize Market Basket about (the sawdust on the floors, mediocre at best produce, the family intrigue that almost collapsed the business not once, not twice, but thrice) but between a Star/Shaw's, Stop and Shop, Hannaford, or Wegman's, MB consistently lands the lowest prices on most things. They pay their employees actual good money and real benefits, they actually have lots of aisles open, and their premade selection is second only to Wegman's. Their employees went on strike to prevent the destruction of the soul of the company due to said family intrigue, and they won. It does depend on how new your store is though. The one in Littleton is brand new and blows my store in Chelmsford away. But I still won't go to Stop and Shop. I wish we had Price Chopper (now changed to Market32) simply because that's what I'm used to from Western Mass/Upstate NY, but what can you do. Big Y can die in a fire.
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Mar 5, 2018 03:53
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https://twitter.com/CNBC/status/969661480961495040?s=19 More cuts from JC Penney. Edit: Oh Toys R Us UK has gone into administration. OhFunny fucked around with this message at 05:16 on Mar 5, 2018 |
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Mar 5, 2018 05:10
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Thats a brutal lookin thumbnail.
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Mar 5, 2018 05:24
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Huh, missed the thing from the sidebar: https://www.cnbc.com/2018/02/28/best-buy-to-close-all-250-of-its-smaller-mobile-phone-stores.html?recirc=taboolainternal Best Buy Mobile is getting canned.
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Mar 5, 2018 09:48
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HEY NONG MAN posted:Thats a brutal lookin thumbnail. I know right? JCPenny, favorite of murder hobos. I mean, I'm sure the guy is nice enough, but jeez louise, the optics..
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Mar 5, 2018 13:15
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OneEightHundred posted:Huh, missed the thing from the sidebar: Surprised it took so long to happen. Those stores were basically "Radio Shack but worse" and most of them I ever saw were in very close proximity to a full Best Buy anyway. Eg, Best Buy Mobile in the mall, full Best Buy in the outer lots of the whole shopping center.
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Mar 5, 2018 16:57
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Can someone explain to me how mobile phone stores actually make money? There's like 4 of them in my suburban town's center district and they all have like 3 people in them at any given time of day.
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Mar 5, 2018 17:20
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TyroneGoldstein posted:Can someone explain to me how mobile phone stores actually make money? There's like 4 of them in my suburban town's center district and they all have like 3 people in them at any given time of day. Two year service contracts make them money, not phones.
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Mar 5, 2018 17:21
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It's probably like banks where there is no expectation that a branch brings in enough sales to pay their rent, they are just there as huge billboards and the revenue comes from somewhere else.
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Mar 5, 2018 17:25
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TyroneGoldstein posted:Can someone explain to me how mobile phone stores actually make money? There's like 4 of them in my suburban town's center district and they all have like 3 people in them at any given time of day. They don't usually pay the staff particularly well, and they get revenue from the cell carrier on each bit of prepaid time they sell for prepaid phones, and for the payments and sales on contract phones. They also sell a bunch of priced up accessories on the side, and often handle phone repair (either on site directly or with agreement to some off-site location where the store takes a cut). It all adds up. And when they're directly owned by a carrier, they serve as a point to direct customers with any sort of service problems, especially ones that can't be handled by all their contract and affiliated stores for the same mobile brand. You need to have a reasonable amount of those around to handle problems even if they don't inherently make enough direct money for their monthly rent.
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Mar 5, 2018 21:44
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withak posted:It's probably like banks where there is no expectation that a branch brings in enough sales to pay their rent, they are just there as huge billboards and the revenue comes from somewhere else. Nah, a significant portion of mobile stores are independently owned (or at least part of independent retailer groups) so this wouldn't fly. New lines (especially business accounts), accessories, and, to a lesser extent, upgrades are where stores are making their money. You keep costs down by being able to run the business pretty much wherever the cheapest rents are, and not paying your employees very much.
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Mar 5, 2018 21:49
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Baronash posted:You keep costs down by being able to run the business pretty much wherever the cheapest rents are, and not paying your employees very much. fishmech posted:Surprised it took so long to happen. Those stores were basically "Radio Shack but worse" and most of them I ever saw were in very close proximity to a full Best Buy anyway. Eg, Best Buy Mobile in the mall, full Best Buy in the outer lots of the whole shopping center.
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Mar 6, 2018 04:04
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SIM/unlocked phones are finally taking off in the US which kills the contract & phone gag.
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Mar 6, 2018 20:01
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Submarine Sandpaper posted:SIM/unlocked phones are finally taking off in the US which kills the contract & phone gag. Back in 2003 I tried to get a SIM card for my unlocked tri-band phone that I bought in Estonia. They called the police in FL assuming I stole it. I was able to get one in Manhatten about a month later.
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Mar 6, 2018 21:26
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OneEightHundred posted:OTOH they tend to also have very open floor plans that waste a lot of the square footage, except for Boost and Cricket holes in the wall, which I guess just reinforces the idea that they're more showrooms where the product is service contracts, not stores. Could be people just ordering online like all other retail. If you're a Samsung, Google, or Apple diehard, you don't even care about trying out the phone, you're just going to order it. Also feels like the phone market is getting a lot smaller. Early days had tons and tons of phones with a huge variety of features, now it feels more like you just buy the current smartphone from whichever brand you prefer.
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Mar 6, 2018 22:57
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I look forward to Stein Mart's delisting after Friday for failing to get their stock price above $1 over a 30 day grace period.
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Mar 7, 2018 02:35
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Submarine Sandpaper posted:SIM/unlocked phones are finally taking off in the US which kills the contract & phone gag. Contracts are still around but now they're of the "24 monthly payments of only $32 for a new iPhone" variety. And Leasing phones. I still don't know anyone who buys phones outright.
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Mar 7, 2018 03:09
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FCKGW posted:Contracts are still around but now they're of the "24 monthly payments of only $32 for a new iPhone" variety. And Leasing phones. People with money, because it's too expensive otherwise
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Mar 7, 2018 03:13
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FCKGW posted:Contracts are still around but now they're of the "24 monthly payments of only $32 for a new iPhone" variety. And Leasing phones. I pay the extra to own my phone. I like having a backup that's only one model behind in case something happens and I can't afford to replace my phone. Of course, I went from a 4s to a 6 to a 8+ so, maybe one model behind is a bit of a lie, but what the gently caress ever ya'll know what I mean.
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Mar 7, 2018 03:32
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Arrgytehpirate posted:I pay the extra to own my phone. I like having a backup that's only one model behind in case something happens and I can't afford to replace my phone. I mean that's what happens in October when I finish paying for my phone, it becomes my backup when I get a new one
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Mar 7, 2018 03:40
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Gotta love how smartphone prices have come tumbling down within the past few years. The flagship iPhone and Samsung Galaxy still cost a bundle, but a decent smartphone can be had for about $200-$300. Leasing a phone makes sense if you always want to have the latest and greatest phone available every couple of years. Horseshoe theory posted:I look forward to Stein Mart's delisting after Friday for failing to get their stock price above $1 over a 30 day grace period. When was the last time anyone went to Stein Mart? Hell, why exactly does Stein Mart still exist, other to be an upscale T.J. Maxx?
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Mar 7, 2018 04:22
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fishmech posted:All across Europe, Asia and Africa, and a few South American locations. Hambilderberglar posted:China as well. Really hoping this is a brain fart, and not you not knowing which continent China is part of.
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Mar 7, 2018 04:25
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Noctone posted:Really hoping this is a brain fart, and not you not knowing which continent China is part of. Possibly a comment on China's economic policy on non-native companies, though for a grocery chain it seems like a bit of an odd stretch.
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Mar 7, 2018 14:39
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FCKGW posted:I still don't know anyone who buys phones outright. Hi. I buy the previous model either used or at a discount new.
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Mar 8, 2018 05:30
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Domestic Amuse posted:When was the last time anyone went to Stein Mart? Hell, why exactly does Stein Mart still exist, other to be an upscale T.J. Maxx? In 1994, at the age of 11, I bought a players guide for NBA Jam from a Blockbuster around the corner from my home, sat down on a bench right outside the Stein Mart further down in the strip mall to read some of it, then two big dudes came along, beat the poo poo out of me in broad daylight and took my players guide. So that's my story about Stein Mart.
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Mar 8, 2018 05:56
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That is a seriously good story, though. They beat you up for a guide? Like not even the actual game?
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Mar 8, 2018 06:08
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Pre-Internet, information was a loving commodity.
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Mar 8, 2018 06:09
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HEY NONG MAN posted:That is a seriously good story, though. They beat you up for a guide? Like not even the actual game? It had cheats in the back for all the systems! Also right next to me was my locked bike. I took a good 5-10 quick punches to the face before they walked off with what I had saved a whole month for. Had I not returned home to grab an extra 10c I was short on the first time I tried to purchase it, none of this would ever have happened and my life would no doubt be on an entirely different trajectory.
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Mar 8, 2018 06:14
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Roosevelts loving you from the grave.
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Mar 8, 2018 07:06
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You would have been able to go home with that guide of you had the 10c the first time. There you would have been able to play NBA JAM with the Bill Clinton cheat. Inspired, you'd pursue a lifetime in politics where you challenged Biden as the youngest person voted to Congress. Instead? You post comments on a dead internet comedy forum about companies that are dead and dying, just like you.
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Mar 8, 2018 13:21
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HEY NONG MAN posted:Roosevelts loving you from the grave.
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Mar 8, 2018 20:24
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Toys R Us may liquidate US operations.  and the tariffs are stealing the headlines. https://www.cnbc.com/2018/03/08/toys-r-us-may-liquidate-us-operations-source.html
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Mar 9, 2018 00:13
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They filed for bankruptcy last year and have been closing a ton of stores so not exactly big news.
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Mar 9, 2018 00:17
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Dehry posted:Toys R Us may liquidate US operations. Marketplace did a segment on this and discussed leveraged buyouts by privaye equity and how they screw over companies like Jefferies (ToysrUs).
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Mar 9, 2018 01:02
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When are Sears and JCPenney going under
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Mar 9, 2018 01:05
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Dehry posted:Toys R Us may liquidate US operations. For at least ten years TrU has been a vestigial thing propping up the real moneymaker of Babies R Us because new parents are a much bigger money target since they don't know any better yet.
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Mar 9, 2018 01:06
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Hand Row posted:They filed for bankruptcy last year and have been closing a ton of stores so not exactly big news. I'm just surprised they're going out for good before Sears.
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Mar 9, 2018 06:59
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Funny thing is, I know a Toys R Us (this is in the UK) in my adoptive hometown that just had a big refurbishment. And was one of the few remaining anchors in the mall it was in (although it still has a cinema, bowling alley and uh... a big greenhousey botanical gardens). At least it has a Denny's now. First one I've heard of in the UK. Paul.Power fucked around with this message at 07:29 on Mar 9, 2018 |
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Mar 9, 2018 07:26
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Paul.Power posted:At least it has a Denny's now. First one I've heard of in the UK. When food in your country is so bad you're excited about a new Denny's opening up.
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Mar 9, 2018 10:01
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The moon never sets over my hammy.
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