Mega Stores closing one after the Other........

http://EconomyCollapse.Blogspot.com for more...


http://EconomyCollapse.Blogspot.com http://EconomyCollapse.Blogspot.com http://EconomyCollapse.Blogspot.com http://EconomyCollapse.Blogspot.com http://EconomyCollapse.Blogspot.com http://EconomyCollapse.Blogspot.com

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[l3nnz3]

the care is not for the corporation, it's for the average joe tending the counter. poor bastards

[neoc0n]

While the slumping economy is certainly exacerbating the situation, the ultimate reason why they're closing is because of technology. It's happening to newspapers as well. And it will soon happen to the motion picture industry as well as all other traditional forms of media. This is the nature of technological progression. These industries can either embrace the change and get connected or get left behind in the dust.

[HiddenOrForbidden]

BS no one cares for these fking stores

[is01231]

@jannonymous actually i have never bought any songs or movies

[gtele5hev]

Yeah, that's a general trend that is strengthened by the current crisis, traditional businesses lose in a competition with internet-based ones. Newspapers, offline music retailers, the next ones are going to be TV channels (first of all - information ones) that are going to lose market share to services like YoutTube etc. I'm already spending more time watching YouTube than the TV - it's much more convenient, much bigger choice, interactivity, that's a future in the end.

[rsloan21075]

i think its great, how does it feel, stings a little don't it, it was the same way for all the small businesses that these guy s stomped on to get where they are LOL perfect irony

[jannonymous]

I havent bought a CD or tape in 10 years

[kkev1n]

You can't illegally download a car or washing machine. With music you can, and it's uncontrollable. CD's just aren't practical anymore. People use their iPods (not Disc mens) now-a-days.

[EricD]

If you could download a washing machine or car ten years ago, they would've nipped all this in the bud right away. America, and by extension any capitalist system, assumes "artists" should suffer and be poor bohemians. This is not about a "free" market system, or else we would have let the banks fail too.

[dankeewolnir4042]

good maybe over the next couple years....MAYBE...a thousand little independent record stores and specialty shops will take this huge corporate slug's over. big maybe. But that is what should happen in a free market economy. Instead the gov will just take over the corps and prop them up.

[stratvic]

Their skills are readily transferable to any other retail business ...they will be fine other than the period of time required to make the transition. But that is just part of working life...things change....then we change.