The selection at Nordstrom was way more diverse and all around better . They put holts to shame .
Nordstrom closing
- Thread starter white Ninja
- Start date
Love it or indifferent, having Nordstrom was good for the city .
Great for tourism, it brought class and culture to downtown ( which is now more in need of that than ever ).
They employed 2500 people .
And let’s not forget that space just sat empty for a very long time before that . A giant space downtown of that size looks terrible.
Finally if you wanna buy something nice for your girlfriend or wife , but we’re worried about the fit or that she may not like it, Nordstrom’s was your best bet . You can always exchange or return with zero questions asked . Zero ! And that is actually why women love it and how it became so popular ,
Great for tourism, it brought class and culture to downtown ( which is now more in need of that than ever ).
They employed 2500 people .
And let’s not forget that space just sat empty for a very long time before that . A giant space downtown of that size looks terrible.
Finally if you wanna buy something nice for your girlfriend or wife , but we’re worried about the fit or that she may not like it, Nordstrom’s was your best bet . You can always exchange or return with zero questions asked . Zero ! And that is actually why women love it and how it became so popular ,
What makes you say that ?
Is it not allowed for a member of Perb to be pro Nordstroms ?
Or does every member have to hate on it cause they don’t like the prices ?
Or is it the 2500 people employed that you have an issue with ?
or that you feel the space is much nicer when it sits completed empty ?
or do you just have a major grudge against retailers who allow returns and exchanges without putting you through the ringer first ?
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Hmm zero questions asked like at costco? even if its used? 🤔 never been lol
A challenge for stores that offer higher levels of service with less competitive pricing is the "showrooming effect." You can go try stuff and learn more about the product, then buy it online. Best Buy suffered from this for a long time but seems to be surviving.
Yeah, that's what I thought as well. Not really a location suited to a low-cost big box model.
That location's been something of a "widowmaker", even since the days Eaton's was there.
Indeed, Nordstrom's apparently had an outlet location in Langley apparently. (Never been; I heard this in the news report.)
Not involved in property development or engineering, so this is a guess:
I do not see how that would make the rent any better (per spare foot) - I mean it would allow for smaller retailers, but "anchor" stores often get special deals from landlords that smaller stores do not.
There would also be structural considerations. I mean the whole Pacific Centre complex is quite an odd area, especially underground. Some work on the internal structure would have to be done, and that would cost a lot.
People have lots of ideas - some good, some aspirational which will never happen, and some that are just batshit crazy (but which will be heavily promoted anyway).
But when I look at the interaction between Big Landlords / developers, and Big Retail, I do not get the feeling that long-term value and good ideas will be at the forefront. Indeed, I think the big commercial landlords do not actually care if they put businesses under or not - big or small tenants, they just pick the meat off retailers bones regardless if it ends up with half the storefronts boarded up & derelict.
And all these sons of bitches are always angling for some sort of high-rise condo development so they can take the money & run. (Just you watch with this one. Someone will try to "revitalize" it into a 60 story condo tower.)
That's a digression, because Nordstrom's is just another big, but the point is, do not assume "they" (whoever they are) are making rational decisions. Money talks, but half the time it is babbling some outright crazy shit.
For Best Buy = looking back they bought Future shop (their competition), and took the best locations and shut down what remained of Future shop.
For Sears it started as a mail order system back in the 1920s. The last few years of Sears (just before it shut down) I would walk in and look around. They mostly had outdated clothes (really the people that were doing the job of finding things to sale were really bad at it). The people there knew Sears was shutting down and most people in the towns knew Sears was shutting down. So why the fuck would you buy there. The reality was at Sears they didn't know what their customers wanted/needed. Sears was big store and harder to change things with supply etc. It didn't help when you had 20 different types lawn Moers (in Canada). The fiasco over management bonuses in bankruptcy kinda is like the mangement was out for itself and not for the company and its employees. Its like they purposely let Sears fail.
The reason Cdn Tire survives is because of its weekly sales. Does internet sales. Was cheaper in stuff compared to Sears. Any stores offering sales on items continuously (weekly/monthly basis) is gonna bring the customers in.
So If I wanted to get a grinder, I would wait for it to go on sale at Cdn Tire. Sears stopped giving the deals and lost customers. Home depot used to have alot of sales too, but I find that dried up. The only sales are Manufacturers deals. There is no competition anymore between stores.
Why? Same grinder is at home depot and at Cdn tire. They have different numbers but are the same grinder. Ordered and printed differently from the same manufacturer. You are not seeing any stores compete for business with the 30 days price guarantee if sold at another store. (ahhh. the catch, its not the same grinder because its named differently)....
In Canada there is the equal fuck you law (I just named it that, not sure what its called).... Internet shopping cannot sale lower than the stores. Its all fixed pricing from the manufacturers. This was brought in to insure the stores survived.
Store: item, cost of storage (buildings and heat), transport cost, cost of personnel working on floor, company has less profit this way, and you the consumer must go into store (30 min)
Internet: item, little or no cost of storage (building /heat), No cost of transport (amazon free), low overhead for employees, company makes more profit, and you take 10 min of your time to order it online.
Yet the store and Internet price are the same. The internet wins all the time (makes more money for company and time for consumer). It wins on low overhead and max profits.
But a problem has creeped up with internet sales. There is a product on amazon, but it has 3 different prices and is packaged in 3 different ways. One source is the lowest (no stock left), 2nd source cost 5.00 more and the 3rd source cost 50.00 more. This is price creep due to all the people who want to cash in and make money online. Not good for consumers.
Unfortunately people; China is gonna have problems, so cheap shit from China is gonna hit Wal Mart very hard. Supply Chains.
The biggest problem for stores is overhead in people and storing (heating buildings). Big box stores have flyers, internet sites. Smaller stores/business don't have those resources but can order the same stuff from their suppliers that are not on their shelves. You have to ask.
The consumer has to do more digging and time for odd end items not carried by the big box stores. Here is the catch, manufacturers deal in bulk, not in single user buyers. Bulk.....bulk.... bulk....
For Sears it started as a mail order system back in the 1920s. The last few years of Sears (just before it shut down) I would walk in and look around. They mostly had outdated clothes (really the people that were doing the job of finding things to sale were really bad at it). The people there knew Sears was shutting down and most people in the towns knew Sears was shutting down. So why the fuck would you buy there. The reality was at Sears they didn't know what their customers wanted/needed. Sears was big store and harder to change things with supply etc. It didn't help when you had 20 different types lawn Moers (in Canada). The fiasco over management bonuses in bankruptcy kinda is like the mangement was out for itself and not for the company and its employees. Its like they purposely let Sears fail.
The reason Cdn Tire survives is because of its weekly sales. Does internet sales. Was cheaper in stuff compared to Sears. Any stores offering sales on items continuously (weekly/monthly basis) is gonna bring the customers in.
So If I wanted to get a grinder, I would wait for it to go on sale at Cdn Tire. Sears stopped giving the deals and lost customers. Home depot used to have alot of sales too, but I find that dried up. The only sales are Manufacturers deals. There is no competition anymore between stores.
Why? Same grinder is at home depot and at Cdn tire. They have different numbers but are the same grinder. Ordered and printed differently from the same manufacturer. You are not seeing any stores compete for business with the 30 days price guarantee if sold at another store. (ahhh. the catch, its not the same grinder because its named differently)....
In Canada there is the equal fuck you law (I just named it that, not sure what its called).... Internet shopping cannot sale lower than the stores. Its all fixed pricing from the manufacturers. This was brought in to insure the stores survived.
Store: item, cost of storage (buildings and heat), transport cost, cost of personnel working on floor, company has less profit this way, and you the consumer must go into store (30 min)
Internet: item, little or no cost of storage (building /heat), No cost of transport (amazon free), low overhead for employees, company makes more profit, and you take 10 min of your time to order it online.
Yet the store and Internet price are the same. The internet wins all the time (makes more money for company and time for consumer). It wins on low overhead and max profits.
But a problem has creeped up with internet sales. There is a product on amazon, but it has 3 different prices and is packaged in 3 different ways. One source is the lowest (no stock left), 2nd source cost 5.00 more and the 3rd source cost 50.00 more. This is price creep due to all the people who want to cash in and make money online. Not good for consumers.
Unfortunately people; China is gonna have problems, so cheap shit from China is gonna hit Wal Mart very hard. Supply Chains.
The biggest problem for stores is overhead in people and storing (heating buildings). Big box stores have flyers, internet sites. Smaller stores/business don't have those resources but can order the same stuff from their suppliers that are not on their shelves. You have to ask.
The consumer has to do more digging and time for odd end items not carried by the big box stores. Here is the catch, manufacturers deal in bulk, not in single user buyers. Bulk.....bulk.... bulk....
So the news said Nordstrom's is going to start their liquidation sales tomorrow (mar. 21).
Don Quixote fron Japan is what I'm guessing you meant. 😊 Technically there are branches in California, but it might be a stretch for them to break into Canada. Still fingers crossed. 🤞
Some brand names at 0% discount
90% of their own stocks at 5% discount
Some ugly sweaters at 20% discount
😡🤷♂️🤷♂️🤷♂️🤷♂️
90% of their own stocks at 5% discount
Some ugly sweaters at 20% discount
😡🤷♂️🤷♂️🤷♂️🤷♂️
They had shredded sweater remnant’s hanging on their racks for $1200, wtf who buys this shit.
Silver lining behind every cloud
Zellers to reopen with 25 locations in 2023: Here's the list of stores | Financial Post
Zellers to reopen with 25 locations in 2023: Here's the list of stores | Financial Post
