Gone
Well-Known Member
Free market capitalism. It's a constantly evolving economic system. Most chain brick and mortar stores are on their way out, done in by on-line retailers that offer free shipping. The younger generations don't go into stores, they shop on-line. We're the last of the brick and mortar shoppers.Sears ate many of the smaller mom & pop stores back in the day & the same thing is now happening to them. Over the years, most all of the smaller local department store chains were done in by KMart & WalMart. Now KMart is almost gone & in time, eventually Wally Mart will go. F.W. Woolworth was huge, but they have been gone for at least 20 years & that was before the computer age.
Bad management decisions are a major factor, but as in nature, the big fish eat the smaller fish & that's what's happening with all these retailers.
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