Well this is very strange. People claim the economy is doing well, and yet retailers are shutting down stores left and right. Can Jow Forums explain this disparity? Victoria's Secret is merely the latest retail chain to announce mass-closures, following Mattress Firm, Orchard Supply Hardware, Sears/Kmart, Abercrombie & Fitch, Claire's, Blockbuster Video, Foot Locker, GNC, Toys R Us, Nine West, Brookstone, Guess, Dress Barn, and others.
>Victoria's Secret says it's closing 20 stores this year
>Victoria's Secret plans to close 20 stores this year as sales drop and the brand comes under pressure. Stuart Burgdoerfer, the CFO of the retailer's parent company, L Brands, made the announcement in a call with investors on Thursday. L Brands reported its second-quarter earnings on Wednesday.
>Same-store sales at Victoria's Secret, which also includes the Pink brand, were down by 1%. Pink, which used to be one of the brand's sweet spots, has struggled recently. CEO Denise Landman said same-store sales for this brand alone were down in the mid-single digits.
We're about a year into recession already, but of course you'll never hear the govt admit that. Keep the bubble illusion of an economy propped up as long as possible, I suppose.
Isaac Taylor
Malls are dying as a business model. The cities have become culturally enriched. Lets say you're Victoria's Secret. You have 2 choices:
1. Keep your stores open. Whites no longer want to go to the mall because shitskins. They have bank accounts and prefer to buy online anyway. The shitskins come in your store and steal your shit.
2. Close your stores. The only shitskins that steal your shit are your employees. What few store customers you had left transition to being online customers. You no longer have to pay for floor space or employees to run the register.
Connor Peterson
If you honestly believe this, you're about as bluepilled as they come.
Dylan Rodriguez
>Hooters shut down stores >Victoria's Secret shutting down stores
Online sales go up stores shut down kys op I shit in the options field
Nicholas Peterson
Probably to make room for lane bryant and their ham planet customers
Nolan Nguyen
Men in dresses don't spend as much as women do on underpants.
Camden Butler
Victoria's secret quality has gone down in the last 5 years. I actually wrote them a letter recently telling them I will not be purchasing any more not out of choice but because of how cheap they have become. I hope to think this is a result of them cutting corners and not necessarily from an economic standpoint. Lots of alternatives have popped up as a result of the economy so I'd like to see the figures on the product section as a whole.
Christopher Myers
Are you a grill?
Elijah Rogers
the vast majority of women are grossly overweight and aggressively feminist
simple
Michael Martin
No one left to fit into their clothes.
Angel Moore
Wasn’t Victoria’s secret that she was actually a man? Oh and fucking
creative destruction. the money goes somewhere else. apparently more money, as the earnings report for other retailers like target and walmart would suggest.
Andrew Jenkins
Wtf typewriters are not selling anymore! Why is the economy so bad
Ryan Wood
(((creative destruction))), we’ve (((optimized))) and (((right-sized))) so now only warehouse workers are needed and no retail staff.
OP, do YOU shop at any of these stores? Also, you apparently know what the internet is, so I'd assume you also know what internet shopping is, and I'd assume you'd also know that people aren't buying LESS than they were in the past.
All the stores you listed just got out-competed and rendered obsolete. the "economy doing well" doesn't mean no stores go out of business. in a sense, that can be a symptom of progress.
Nathan Howard
I don't know, everyone all congregating to Amazon doesn't seem right to me, seems like almost a monopoly.
Julian Sanchez
>We're about a year into recession already
got some sauce? or amateur economist?
Colton Hughes
/Thread. amazon will kill all...until they get too big then they will be broken up.
John Ortiz
Well, everyone is an Uber/Lyft driver now. Unemployment problem solved.
Jaxson Brooks
Holy shit Boomers are the worst.
Henry Nelson
I won't disagree---Amazon should be watched, but they aren't the only online retailer. Most every store has online services, and besides online stuff, physical chain stores have gotten more efficient and bigger.
Fat women don't look good in lingerie. Most women are fat. Ergo, there is no business in lingerie any more. Heck I'm willing to bet that traps and trannies buy more lingerie than the "real" women these days who nobody wants to see in skimpies.
Cooper Perez
Based Amazon. I, for one, welcome our new Amazonian overlords.
No the concept of "Victoria's Secret" was a play on words such that the Victorian Era was a somewhat naughty time when women were still holding onto their chastity and honor on the one hand while depreciating societal forces ((feminism)) were pushing them towards promiscuity on the other. Hence the "secret" was a woman conservatively dressed but sporting heinously sexy undies.
Alexander Gonzalez
Shit, i planned on buy stock in L-Brands, the parent company of VS, because VS is popular with white girls. Their stock dropped from 50 to 28 recently. Guess ill buy Raytheon.
Retail closing down means the economy is doing bad? Do you think about stuff before you say it? Consumers just arent spending money on stupid shit anymore. The consumer index is more focused on needs and services. This was happening even when obammy was in office.
Hunter Ramirez
This guy thinks the government actually does its job ever lmao
Ayden Gomez
>CEO Denise there's your problem
Christian Foster
Women are getting fatter, having more and more sex, and refusing to get married. Victoria's Secret simply doesn't have an audience anymore, because who needs sexy lingerie in the age of Tinder?
Grayson White
I think it was named in honor of Queen victoria, i think the original meaning of VS was Very Sexy.
Chase Thompson
>Victoria's Secret says it's closing 20 stores this year Are those 20 stores in niggerfested malls? Victoria's secret is a popular store to shoplift from.
Ryder Evans
Great I can't get over the fact that my local bookstore got replaced by them
good they can be replaced by someone that actually carries all the sizes that real women need, not just 32B-38D fredricks of hollywood may be sleazy, but they carry a lot more sizes
Henry Ramirez
vic secret makes products for skinny women, all of their models are anorexic. women do not shop there because most women are curvy and not stick figures. its a failed buisness model that now only works on teens who can fit b cups and 0 size waists.
Definitely buy Raytheon. They've been recently securing many contracts with the US Military. At least 4 missile contracts that I know of.
Chase Scott
>the free market works as expected >commie can grok it Imagine my shawk
Jason Sanchez
Victoria's Secret? The same company that's been slowly bleeding out for nearly two decades? Okay.
Evan Carter
How they even get the money to air their fashion show on television? Is it true their rating hit all new low?
Luke Bell
>1 post by this ID
YOU'RE IN A SLIDE THREAD FAGGOTS!
Landon Lewis
ask any boomer (not 30yo) about the sears catalog... it was a big book that came to your house a few times a year... you would fill out a paper, and send a check... 3 months later (longer than china shipping) shit would show up to your house... it was like 2nd christmas. times were plentiful, and "cheap".
forward to 70's-80's malls open up... sure, the price is a bit higher, but thats inflation... you get to take your item home right now, screw waiting for 3 months, and if it didnt fit good luck returning it.
fast forward 80's-90's malls are the internet. drop in, but cloths, furniture, electronics... and junk... also credit cards! oh wow, burn it up and pay it later! Look honey a 25in TV! and a VCR! lets buy it! our children dont need college.
mid 90's-08 oh look, a big box store.
08-12 oh look lets go to big box store to see if they lap top is as nice as they say, then lets check our cellphone and buy the cheaper option
12-18... alexis order me a dragon dildo
back to the catalog economy... but without the wait, and more dragon dildos
Christian Moore
They just can't sell enough PINK sweatpants.
Ryan Peterson
Advertisers love selling sex.
Nathaniel Gomez
>what is a service economy >what is an industrial evonomy because knowing is half the battle
Easton Reed
Amazon could start retail stores ( these won't need to make money as long as it destroys other businesses ).
Christopher Long
>what are online sales kek what a retard
Connor Russell
Girls don't know a fucking thing about how to be sexy anymore, OP. Not entirely their fault, since most of you losers are so sex deprived you'll fap off to anything.
Jason Roberts
>fredricks of hollywood may be sleazy they are not, i used to order from them all the time. Their corsets are good quality.
Luke Murphy
To be honest with you I miss the joy of going to malls on holiday season back in 90's and early 00's, now it feels completely different no matter how much christmas decorations they have, it feels like something's missing
Oliver Perez
eh. people who have money buy brand labels. thats the only reason why fashion exists. no one wants to wear an amazon tag on their clothes. clothing stores on the ground that dont cater to one specific market will do fine. vic secret is just a failed business model. all their stores are at malls and who wants to try on something when the next room stinks of cotton candy mixed with 30 day old asian fried food
Jayden Rivera
Amazons fucked a lot as well as a generational shift in market trend that took many of these now called traditional sales outlets by surprise. Same with beverage companies like Coca-cola. Where as Pepsi has gone to the tried and true manufacturing formula of selling cheaper for higher volume.
Bentley Gonzalez
their ads are sleazy, not their products they are one of the few places where one can find a 34G
Anthony Morales
Out of every town I've lived in (I've lived in about 7 the past 10 years for work) only 1 had a mall that was acceptable for me to go to.
The rest are nigger infested shitholes and that's even in decent towns. No one goes to malls unless they are fucking top class.
Brandon Gray
>millenials too jaded to behave as enthusiastic consumer whores haha oh well pass the avocados
All leading economists disagree. But keep being a faggot. You're good at it.
Liam Wright
ah gotcha, fun fact, the were the first ones to make the thong fashionable in the 1920s.
Oliver Thomas
All their stores are in big indoor malls where you have to spent 2 hours walking around to buy one thing. People like to spend less than 2 hours to buy a bra. Malls are dying because of small shopping centers where you can park near the store and don't have to walk around for 2 hours to buy a fucking bra.
Benjamin Davis
thongs are the most comfy undies....g-strings suck and feel like butt floss and all others ride up....but a nice cotton thong? heaven
Austin Jones
Agreed, but i really like boyshorts/girshorts.
Owen Cox
Ask your gf if she buys her lingerie from Victoria's Secret
Eli Hernandez
Arms>Ass
Samuel Walker
Amazon does sell Victoria's Secret items. Also this I'm sure Lane Bryant stores are opening all over the place >Lena Himmelstein Bryant Malsin was an American clothing designer and retailer who founded the plus-size clothing chain Lane Bryant. Every time
Connor Jenkins
the future is now old man, we buy our clothes online because of our debilitating social anxieties. even the popular kids do this
Thomas Baker
Apparently that's the only type of woman into me That or they have kids
Hunter Wright
>curvy i think you mean lard assess.
Lincoln Ward
yeah, but finding quality undies is hard thing anymore last time I spent the dough for cute boyshorts, they died after half a dozen washings not worth the $8 each I spent on them and they were from frederick's!
Xavier Campbell
Notice these two threads were started together right next to eachother? Fucking lying shills
Zachary Taylor
the internet you retard. nobody goes to retail stores anymore they just click and buy pictures on their iNigger8s
saged for being a slide thread if anybody posts after this post you will be banned by the mods
>Well this is very strange Actually, it is not. The closing of stores over the past 15 years, especially the original American stores (such as Sears, JCPenny's, Woolworths, Daytons, Marshall Fields, etc.) was planned. They are destroying American capitalism to show the world how it does not work. They are also destroying American capitalism to install communism, where we have no more choices and thus are stuck with cheap crap made in China that falls apart as soon as you take it out of the box. Also by doing this, they have not only taken away competition but variety. When we only have Amazon to shop at, there is no variety and no quality and they can set the prices to whatever they want because there is no more competition.
Owen Jones
Basically the evil commie filth want all of us shopping on-line at Amazon and Alibaba. We will have no more competition, no more variety, no more capitalism.
Isn't it funny how for 15 years all we heard from the Left was how horrid Walmart was/is? How they come into towns and destroy local shops, and how they don't pay their workers enough money to live? Well, have you ever heard a peep about Amazon? Amazon, which has destroyed many more stores than Walmart ever has. Amazon, which pays so little that almost all their warehouse employees are on assistance. Amazon, which treats their employees like slaves to the point the employees piss in a bottle because they don't have time to make it tot he restroom. Never heard horror stories like that from Walmart. In fact, the stories on Walmart do not even come close to the horror stories I hear about Amazon and how they treat their employees and the underhanded way they run their company to not pay taxes and overprice and sell cheap crap from China.
Yet Walmart is demonized, and those that shop at Walmart are mocked relentlessly. Yet the Left loves Amazon and their slave practices. Disgusting commie filth.
Noah Howard
This is quite possibly the coldest take ive ever seen on pol.
Amazon is not a backdoor conspiracy to get us into a command economy lmao
Bentley King
what ever happened to Tom?
Gavin Hall
This. I used to go to the mall all the time. I haven’t been in years. Loud packs of loitering niggers took over.
John Carter
They expanded their size catalog and now you can find fatties that look like grease stained Five Guys bags with the logo "PINK" on em'. By trying to be inclusive they've lost the edge that gave them the ability to overcharge for their products. Not exclusive = Not worth it.
Adrian Butler
>amazon isnt funded by the CIA you do realize if they weren't funded by the CIA they wouldnt be able to make a profit and would go under
Carson Watson
I'm guessing what you actually know about business and economics in general could fit on the back of a bazooka joe comic.
Landon Green
truth
Evan Wilson
Have you ever looked at Victoria secret lingerie? It's literally trash tier. Nothing of value was lost.
Nathaniel Mitchell
Fat mexicans wont buy skinny underwear.
Noah Miller
Victoria’s Secret is pleb tier underwear brand anyways
t. panty/lingerie fetishist
Jaxon Edwards
he sold myspace for hundreds of millions
Justin Thomas
>tfw in the mall as a kid with ur mom and sisters and they go into victoria's secret and you're forced to stand there like a little cuck in the middle of the store all awkward as the milfs and teen pusy walks around and laughs at you
Parker Allen
""""""curvy""""""
Justin Sanchez
This is true
Adrian Bailey
I am sure they are beside themselves with grief over your poor bio pussy
Andrew Powell
You girls are hot talking like this. I'm starting to sweat
Joshua Rogers
' It's simple. Most of them are moving online. Why pay for a brick and mortar store when people are buying stuff online?
Michael Rivera
But man, those catalogues were gold. Leticia Costa, etc etc
Julian Garcia
Oh yes, I used to take them and jack off onto the pictures when I was younger, in an era before mass widespread internet porn where you were on dial up and had to download stuff incredibly slowly. I had a whole collection of victoria secret catalogs and SI swimsuit editions that I would cum on and kept them in a drawer until one day my sister and her friend went into my room and found the cum stained magazines in a drawer and made fun of me endlessly for it