Commercial Crashes in Blue Cities

[Terrel L. Shields]

 

[Gobears81]

It's not a Repub vs Dem deal.... we are all Knee Deep in it folks.

While the Republicans on the federal level - and to a lesser extent, state level - have gone off on the deep end, Republican city governments are more likely to stick to their conservative roots and not wade into the genuinely stupid initiatives that the Democrat city governments often do. I am sure that there are plenty of exceptions, but I have seen on a firsthand basis liberal city governments hone in specific property owners, just because they don't like them on a personal level. Not to mention them passing unnecessary laws and undertaking projects that crank up tax rates for all residents. In Illinois, property taxes are the elephant in the room. Wealthy retirees move away en masse - in large part because of the more favorable taxation of other states and lack of an estate tax - then the higher tax burden gets shifted on everyone else, as there are fewer wealthy residents to pay their "fair share". It is a vicious cycle.

 

[glenn walker]

Covid-19 Lockdowns were the beginning of the commercial crash in my area and two years after the slow death finally came.

 

[Fernando]

Covid started the decline in commercial prices. Acceleration of remote work with ZOOM and internet buying like Amazon and TEMU changed the less need for consumers to go out.
Some malls doing well by having unique stores and meeting place to attract shoppers.

 

[George Hatch]

Pushing companies into lockdown and forcing some of them into failure has contributed to some of these problems.

 

[Zoe]

Pushing companies into lockdown and forcing some of them into failure has contributed to some of these problems.

Yeah and that was under Trump when he shut things down completely. People differ on whether he should have or not. None the less, many workers worked from home and now many businesses are saying hey it is cheaper for us to let them work from home. Some are trying to encourage them to come back to office with incentives like a work out center or whatever.

Like Fernando said too. With cost of groceries and eating out, and many things, people are just staying home more.

 

[Zoe]

A biggie over past week or two is how many retailers are charging customers to make exchanges after Christmas Holiday. If the customer don't bring the product back to a retail brick and mortar, they have to pay for shipping back to the retailer. Shipping can get real expensive on trying to swap out a Christmas gift for exchange or refund.

 

[Fernando]

A biggie over past week or two is how many retailers are charging customers to make exchanges after Christmas Holiday. If the customer don't bring the product back to a retail brick and mortar, they have to pay for shipping back to the retailer. Shipping can get real expensive on trying to swap out a Christmas gift for exchange or refund.

I bought a shirt online and is slightly snug on me (did I eat too much last month?).
Shipping cost back is $9.99. I might as well keep the shirt and not dry it in the dryer for possible shrinkage.

 

[Zoe]

I bought a shirt online and is slightly snug on me (did I eat too much last month?).
Shipping cost back is $9.99. I might as well keep the shirt and not dry it in the dryer for possible shrinkage.

Look at if from a national/global scale. $9.99 is nothing compared to what shipping might be on some items. Some items might be a few hundred or more to ship back for refund/exchange.

I understand if you take it back to brick and mortar location. The return/exchange prices don't apply. You have a time limit on the return/exchange but you don't have to pay shipping if you take it back yourself to brick and mortar location.

 

[Fernando]

Look at if from a national/global scale. $9.99 is nothing compared to what shipping might be on some items. Some items might be a few hundred or more to ship back for refund/exchange.

I understand if you take it back to brick and mortar location. The return/exchange prices don't apply.

I gave up buying from Ralph Lauren website. There aren't that many Ralph Lauren stores in Bay Area.
I rather buy RL items from Nordstrom or Macy because there are many brick and mortar stores around here to return.