Yesterday, 11:28 PM
That's too simplistic. You can say "nobody likes Sears and Kmart" (which have lost 700 stores in recent years), but did nobody also like Montgomery Wards (500 store closures), B. Dalton (800 store closures), Mervyn's (200 store closures), Waldenbooks (1,200 store closures), Goody's (500 store closures), Borders (625 store closures), JCPenney (140 store closures), Hastings Entertainment (150 store closures), Gap (190 stores), Radio Shack (3,000 store closures), Crown Books (200 store closures), Macy's (100 store closures), Payless (500 store closures), and thousands of other chain retail outlets that have shuttered in the US? You can't lose that many retail stores in one country and expect the economy to somehow recover; Macy's alone will lay off 38,000 employees this year. These massive retail die-offs, which have grown larger and larger since 2001, often have little to do with what people like and don't like. They're forced out of business by our own government, which is using taxpayer money to contract with Amazon for $600,000,000. That's money that Amazon then uses to put more retailers out of business. Our money.
The more people listen to the talking heads saying these establishments "failed to adapt" while ignoring the fact that our own government is a major patron of Amazon's massive profit mechanism, the more we'll continue to see once-massive retailers go bankrupt, and continue to see our own neighborhoods decline as brick-and-mortar stores become history.