Thread regarding Belk layoffs

Blowing Money

Isn’t it hilarious? They cut hours at the stores while launching these shiny new markets, just slapping lipstick on a pig with mismatched fixtures from the clearance aisle. Meanwhile, they’re pouring millions into those fancy light-up signs for the golden stores. When will they realize that all the flashy visuals in the world won’t help if there’s no one around to assist the customers? People have already started to stop showing up—do they really think those big lighted boxes will bring them back in?


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| 873 views | | 5 replies (last January 13) | Reply
Post ID: @OP+1kepmycrn

5 replies (most recent on top)

@kb to bad that they can’t take that money and pay off debt and have sales associates on the sales floor to be able to use their app to show customers.

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Post ID: @ms+1kepmycrn

@a5 that’s all about Marketing. The sooner the ads are out it’s a plus. It’s too bad that all Sales associates are not able to also use the sales floor APP.

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Post ID: @kb+1kepmycrn

@0P. You are so right. We have lost such a big percentage of our customer base. And also the type of shopper has changed. It is like a clearance store.

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Post ID: @f3+1kepmycrn

@a5–not 100% true. Private equity is disproportionately affected with layoffs, bankruptcy and store closings. All the money goes to the top and nothing is left for rank and file workers. Dillards, Von Maur are still family owned and have significantly less financial troubles than private equity owned department stores.

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Post ID: @ac+1kepmycrn

"When will they realize that all the flashy visuals in the world won’t help if there’s no one around to assist the customers?"
I'd be more worried thay there are fewer or no shoppers around. Retail is going the way of landlines.

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Post ID: @a5+1kepmycrn

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