/biz/ - Business & Finance

I thought I would ask you guys

Why are department stores everywhere closing?

Sears, Macy's, JC Penneys. What the heck is going on?

Surely internet can't be replacing all retail. I dont like shopping by internet because I cant physically inspect what I am buying and have to rely on the chimpanzees the delivery companies hire to get it to me safely if at all.

I also read that malls are going to be more focused on 'entertainment', which I think is code for making them even dumber and 'equal'. So the great suburban retreat is ending I guess, and shoot outs at malls will be more common.

Iirc, malls came about because downtown business districts were becoming slummy. So I guess the slums are coming to the malls.

All very strange. Its only a matter of time before malls become subsidized 'community centers'. And then get the wrecking ball.

tl;dr- I guess everyone stays home from now on