Retailers are filing for bankruptcy at a staggering rate — and these 19 companies could be the next

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Big facts. I think Mattress Firm is the new radio shack. Shyt has to be a front for the government.



Everything is moving from the tangible to the intangible. Guide your kids accordingly. :ufdup:

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Dameon Farrow

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Dude, where I live, PetSmart has been building brand new locations in every strip mall they can find in every town.
Unless they have plain awful business practices Petsmart isn't going anywhere. Rich folks love having such a service for their animals. But never underestimate the power of poor management.
 

King Poetic

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What plays a huge part in MOST of these companies failing is the lack of diverse minds in their management, marketing , sales department

Guarantee they have old white men who still trying to focus on old business models of the 80s....

U running a company here in 2018, u better be focus on 2020.always stay ahead by at least 2 years in business
 

<<TheStandard>>

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Nah man you talking to somebody who went into business for himself because I couldn't fathom giving someone else 30 years of my life.

But at one time, a person working any job could afford to take care of their family. Then the goals shifted and only certain jobs had that luxury, so people flocked to those jobs. Then one income wasn't enough so both parents had to work. Then the goals shifted again, you had to have a degree to get a job making a decent wage, so people got degrees. Then associates degrees became worthless. So people got bachelor's degrees. Then the goal shifted again. Had to be a bachelor's from the right school. So people went to the right schools, tuitions skyrocketed. Now bachelor's degrees are becoming less effective relative to cost. So now we're back to telling people they've picked the wrong fields to work in. So what happens next?

Let's say you were a computer programmer in the 70s. You did your 30 years made stupid cash and got out. Now what about a programmer who started in 2015. He's making bank now, but with all these initiatives to get women and kids to code he's going to be swamped with competition by 2025. By 2030 he'll probably be replaced because he'll be expecting 2015 money while his replacement is more than happy to undercut him if it means they can get those student loans off his ass. That's only 15 years in. He probably has a wife, kids, a mortgage, and a couple car payments by then


Dropping gems.

What do you do for a living?
 

dem bath salts

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my bank in the UK is getting rid of all of its tellers in my local branch there are just machines, you have to wait about 30 minutes just to speak to someone , they are pushing everyone to phone or internet banking .... a lot of people have lost their jobs

In about 5 years time there wont be much need for factory workers due to robots

ten years time no delivery drivers or taxis

fifteen years time the robot prostitutes gonna make the human ones redundant .....

I see a lot of unemployment in the future
The Luddites were right...
 

HellRell804

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I really think the old american model is over except for the highly educated, master degree or higher. We're going to have to adopt the immigrant mode of living with extended family, splitting living cost to have a decent standard of living.

That's probably the most likely outcome.

In a perfect world tho, people would smarten up and realize that it's the bloated corrupt government that caused all this mess.

For instance, this thread is about retail. Well there used to be a lot of healthy competition in retail. That's good for consumers and job seekers. Then a little something called NAFTA was signed.

Now in theory NAFTA was supposed to help us compete globally. That's how they sold it to us. The problem was that a lot of "global" companies have no qualms at all about using sweatshop, child labor, and many other unethical business practices that America won't allow.

Without Tariffs, Wal-Mart was able to flood the shelves with cheap Chinese crap and they priced it so low small companies who couldn't afford to import cargo freights of said crap couldn't compete. As soon as smaller companies died Wal-Mart jacked the prices up.

The rise of wal-mart couldn't happen without NAFTA. Where is Wal-Mart's head quarters? Arkansas. Who is from Arkansas and was the former governor? Bill Clinton. Who was president when NAFTA was signed? Bill Clinton. Hilary Clinton was also on the board of directors for Wal-Mart.

And that's just one instance of corruption tainting the free market. You got industrial hemp being straight up outlawed when it could have competed with oil as a fuel and energy source.

There's this Invention Secrecy Act - Wikipedia which has probably derailed many game changing inventions that would destroy corporate monopolies, the list goes on.

The free market really is superior, but it only works if it is truly free. Not when certain companies can buy politicians to kill competition.
 

Rigby.

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I just got out of engring, but I have a pretty good grasp on the field and good technological knowledge period. Ill be fine. nikkas who got a business degree just to jerk off as some middleman crunching numbers at 60K are gonna get phased out
 

Serious

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I just got out of engring, but I have a pretty good grasp on the field and good technological knowledge period. Ill be fine. nikkas who got a business degree just to jerk off as some middleman crunching numbers at 60K are gonna get phased out
Honestly you just need to know to some basic coding and you'll be straight.
 
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