4 ms·
All the stores are like this now, not just Best Buy. Walmart used to be, as I remember it, this insane level of consumerism store where the shelves were overfil
by NoMoreNicksLeft 2y ago
All the stores are like this now, not just Best Buy. Walmart used to be, as I remember it, this insane level of consumerism store where the shelves were overfilled and there was no product so niche that they didn't have at least a few of nearly any product you can imagine. They used to sell hard drives, for fuck's sake, even if it seems like they were locked behind the glass near the electronics checkout. Now you go in there, and it's just a wasteland. Home Depot no longer sells home improvement or hardware store goods... it tries to sell the cheap junk you'd think would be in the Walmart. There are no tools at Home Depot unless a contractor would use them. Absolutely nothing for woodworking (I seem to remember them carrying at least one display piece for a wood lathe back around 1999-2003), now there are no table saws. I often end up going with my wife or my daughter to Michael's or Hobby Lobby, the former has reduced their store inventory so much that the only way to hide it was to remove shelves and spread them thinner so that you could march a school band through the aisles without them having to step closer to each other. The latter has changed their inventory to have fewer craft supplies, and more Temu-style junk.
Big box stores are all dying or dead.
- 0_____0 2y agoHD revenue is 250% ish vs what it was 15 years ago. Currently at ATH. Hard to say they're dying.
- NoMoreNicksLeft 2y agoAdjusted for inflation? With how many new stores in that timeframe?
- 0_____0 2y agoCaveat - I haven't gone to primary sources, but all indications are that they're doing pretty well. Increase of 1.8~% in number of store locations in the last 5 years. Inflation adjusted, revenue is up 38% since late 2009. Wal-Mart is similarly doing very well. If you thought HD and WMT were dying, this may be a moment to reevaluate the heuristics you're using to gauge the health of retail businesses. https://ycharts.com/indicators/home_depot_inc_hd_total_store_locations https://ycharts.com/indicators/home_depot_inc_hd_total_store... https://www.macrotrends.net/stocks/charts/HD/home-depot/revenue https://www.macrotrends.net/stocks/charts/HD/home-depot/reve...
- oyashirochama 2y agoThey are dying as what their namesakes suggest and instead become slop factories.
- DrillShopper 2y agoTheir investors don't care so long as line go up
- 0_____0 2y agoCare to elaborate beyond this insubstantial drive-by take?