🚀 go-pugleaf

"Ian D" <taurus@nowhere.com> wrote:
>
> "Rick Walker" <RW@WR.com> wrote:
>> Flagship store in Halifax to close at the end of April - the Dartmouth 
>> Store will remain open for now, but personally I think it's only a matter 
>> of time before all Bay stores bite the dust.  Just caught this on CTV 
>> news.
>>
>
> That's odd.  Here in Ontario, they're upgrading and upscaling
> the stores, and moving to more expensive and exclusive brands.
> Also, a program to upgrade the in-store restaurants is starting,
> with sit-down waiter service being introduced in some, to replace
> the self-serve.  They wouldn't be doing all that if the customer
> demand wasn't there.

Here they mention real estate as one of their 'reason'(s) of why they're 
shutting the doors; yeah, uh-huh - I figure the bulk of the population in 
these parts looks at price before quality... it's not their fault it's just 
the way our economy is, Ian.  Who knows, maybe it'll bounce back again too 
but I doubt it.  The Bay is out of steam.

Sounds like your economy is much more stable than ours is right now, but 
nothing's forever.  The retail sector has to adapt to change a little faster 
and that means dinosaurs like department stores will be all WalMarts or 
Targets; on line boutique-store shopping needs a swift kick to start it 
because there is a demand.

People don't want to spend money the way they used to - yet a few care about 
quality and will spend more, so boutique-like shops will survive... but 
department stores?  Going the way of the Dodo bird.