Friday, January 6, 2017

"The Limited closing all its brick-and-mortar stores across the U.S."

"The Limited made the announcement just two days after Macy's said it would close 68 retail stores and cut more than 10,000 jobs. Sears also announced Thursday that it would close another 150 stores as clothing retailers continue to struggle to compete as consumers increasingly buy online.

What Greensboro needs now is more commercial retail space?

Limited Stores, founded in 1963, says it has already ceased operations at several stores in recent weeks and would be offering "highly discounted prices" on merchandise until all its doors close for good Sunday.

Best thing for the City to do is hand out more incentives
for more commercial retail space to Council's campaign contributors,
so they can pick winners and losers in the most crony capitalistic way possible

The 240-store chain..."

Another 5,000 jobs plus?