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user-inactivated  ·  2275 days ago  ·  link  ·    ·  parent  ·  post: Macy's announces 5,000 job cuts, more store closures

America's department stores are in deep, deep trouble

I know that #retailhell is getting beat to death these past few weeks, so I think I'll just leave this here instead of starting yet another thread. I just figured I’d share this one article, because I'm checking out The Week per kleinbl00's recommendation and it has some points about Wall Street canabalizing company assets. Which reminds me of this rant I made a while back. Also, the other day I heard someone call Venture Capitals "Vulture Capitals" and I can't help but think that term fits pretty well.