A reminder that two of those three didn't fall, they were killed by vulture capital
Lemmy Shitpost
Welcome to Lemmy Shitpost. Here you can shitpost to your hearts content.
Anything and everything goes. Memes, Jokes, Vents and Banter. Though we still have to comply with lemmy.world instance rules. So behave!
Rules:
1. Be Respectful
Refrain from using harmful language pertaining to a protected characteristic: e.g. race, gender, sexuality, disability or religion.
Refrain from being argumentative when responding or commenting to posts/replies. Personal attacks are not welcome here.
...
2. No Illegal Content
Content that violates the law. Any post/comment found to be in breach of common law will be removed and given to the authorities if required.
That means:
-No promoting violence/threats against any individuals
-No CSA content or Revenge Porn
-No sharing private/personal information (Doxxing)
...
3. No Spam
Posting the same post, no matter the intent is against the rules.
-If you have posted content, please refrain from re-posting said content within this community.
-Do not spam posts with intent to harass, annoy, bully, advertise, scam or harm this community.
-No posting Scams/Advertisements/Phishing Links/IP Grabbers
-No Bots, Bots will be banned from the community.
...
4. No Porn/Explicit
Content
-Do not post explicit content. Lemmy.World is not the instance for NSFW content.
-Do not post Gore or Shock Content.
...
5. No Enciting Harassment,
Brigading, Doxxing or Witch Hunts
-Do not Brigade other Communities
-No calls to action against other communities/users within Lemmy or outside of Lemmy.
-No Witch Hunts against users/communities.
-No content that harasses members within or outside of the community.
...
6. NSFW should be behind NSFW tags.
-Content that is NSFW should be behind NSFW tags.
-Content that might be distressing should be kept behind NSFW tags.
...
If you see content that is a breach of the rules, please flag and report the comment and a moderator will take action where they can.
Also check out:
Partnered Communities:
1.Memes
10.LinuxMemes (Linux themed memes)
Reach out to
All communities included on the sidebar are to be made in compliance with the instance rules. Striker
Private equity spent most of the 90's destroying Montgomery Ward and Eddie Lampert held Sears/KMart under the water until the bubbles stopped so he could cry to anyone that would listen that the retail business was failing while he made a fortune selling off the company's real estate.
Yup, they deliberately ran it into the ground. They took out loans against Kmart to buy Sears and sold Sears and Kmart properties off to give themselves money via stock buybacks.
And what's worse, because it worked, you can see similar actions happening to other major retail outlets. Target, in particular, seems to be following directly in the footsteps of Kmart.
There was a Wisconsin retail chain, Shopko, that fell to this, too. They bought the company, then took out loans against all the properties. Those loans were paid out as bonuses to the board, but the company had to pay the bill.
Then they minimally staffed the stores. One person handling registers, one or two behind the customer service counter, and one or two people on the floor to handle stocking and helping customers. If you needed help, you could easily be waiting around 15 minutes for anyone to come. This for a store that, while not as big as a Super Walmart, is around the size of a regular Walmart.
During the inevitable bankruptcy, it was revealed that the money taken at the register for state sales taxes was pocketed by the company rather than paid to the state.
All under the guise of "brick and mortar can't compete with Amazon". Competition was not the problem. Shopko was murdered by its own board of directors.
"Fun" fact: Bain Capital killed both TRU and KayBee Toys.
Once again “the earth” is supposedly synonymous with “that one country in North America”…
It’s true. North America does in fact exist on planet earth.
All three of these businesses were worldwide so fail.
Except for circuit City before some "akchually" guy corrects me, but it was still multinational (as in 2 nations to be exact).
Yeah, ToysRUs is alive and well in Canada. I have no idea that the bottom-right one is.
Circuit City
Once again “the earth” is supposedly synonymous with “that one country in North America”…
they gave North American examples but the statement is universally true
1 of the three was killed to make some hedge fund richer. Toys r us would not have died if it hadn't been shorted in to oblivion.
I never understood circuit city. The local one ran prices 10-20% higher then best buy a few blocks over. You'd only ever go there when best buy ran out of dvd-r's.
That being said whoever worked in their gaming section and kept updating the demo kiosk with every game now labeled a "hidden gem"... Props because those were always fresh picks.
Stahp I just watched a 2-hour video analysis of liminal spaces I can only get so hauntological
Toys r Us is still going strong in Canada
...What else of ours have you got?
There's still one Spencer's gifts left in my city.
We also just recently got papa John's but I'm too conflicted to try it
I have a teenager. Trust me, Spencer's are still all over the U.S. As is Hot Topic.
And I hate them both.
I miss Fry's Electronics Stores
I miss early 2000s Fry's Electronics. Back when they still cared.
Even 2010s Fry's was a shit show. They always sold out if the ad special of the week. They had random out of stocks that took up huge chunks of the aisles, with a lot of old, undesirable stuff left over. And then they'd give you a hard time with returns.
The one in Burbank, CA was awesome. It was done in a 1950s sci-fi movie theme. The outside was made to look like a UFO crashed into it.
We still have one in Illinois but I'm not sure how it's still holding on. Used to love going in there. Loads of specialized parts and equipment as well as staff that were super knowledgeable and helpful. But at least we have Microcenter now... Which is like if you took a Fry's and scaled it down and made it work more like a car dealership 😭😭😭
What's the one on the bottom right?
For us Canadians it would be future shop, which was basically Canadian best buy till best buy showed up
Look up on my works ye mighty and despair
There is a Toys R Us a few blocks away from me that I used to go to as a kid and it's wild to me that only in the last year has anything been done to it and all that was done is someone erected a chain link fence around the property to keep people out because it was pretty popular for hooking up and selling drugs given in its in a sparsely populated area and has absolutely no lights around. Like it still has the sign and shit, the building has just sat completely abandoned for over a decade since TRU went bankrupt.
We had Blockbusters and Circuit City and even a Mervyn's here. The buildings have all been re-used though. Just the TRU and the Orchard Supply next to it have sat unchanged over the years, like ruined relics of the past.
Look upon my works and despair.
Like the Pizza Hut turned Bank turned Chinese Food Restaurant turned Fed Ex Pack and Ship
Turned back to pizza hut in a few instances
I miss my frys electronics and their goofy buildings
At least microcenter will come to my hometown soon
The giraffe still lives.
I met a traveller from an antique land,
Who said—“Two vast and trunkless legs of stone
Stand in the desert. . . . Near them, on the sand,
Half sunk a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them, and the heart that fed;
And on the pedestal, these words appear:
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
Nothing beside remains. Round the decay
Of that colossal Wreck, boundless and bare
The lone and level sands stretch far away.”
There was always a certain ambiance in Circuit City that I found to be appealing. At least on my local one before it closed down. It was like the lights were dimmed way down, but it was still bright enough to see. I guess you would call that "cool temperature" lighting, which is definitely not fashionable anymore. Everything nowadays seems to follow Apple's store design which is this sterile eggshell white, bathed in neutral or warm temperature lighting. I find it kind of boring, but I understand why they do it that way.
Plus, I loved how instantly recognizable their old stores were. The big red block turned at an angle for an entrance was brilliant imo. They used it a lot in their television commercials and made it look like a plug end or a battery coming down from the sky.
Empires bought by investment groups that fire all the employees, sell all the assets, and over leverage on too much debt till bankruptcy.
Portugal still has multiple very successful Toys R Us stores, most of them more than 20 years old at this point
That graphic in the second link, holy shit
Yeah, pretty sad to see. Shopping at all the different department stores was pretty cool back then. But now it's all Macy's.
Unregulated capitalism destroys everything it touches, including itself.