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

David_TheMan

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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

You going to business school means absolutely nothing. I'm not talking about pointless education. I'm talking about marketable skill.
No, this magical time of one job taking care of a family is a lie. If you had a certain job in demand and with a certain level of wage you could. If you had a low skill job you weren't taking care of shyt and if you had a family you were struggling to make ends meet and depending on an extended family. Stop with the romanticzation of a past that never existed.

Also you explanation of credentialism is off a bit, and the tuition skyrocketing had to do with government entering the student loan market and causing a bubble, which is another conversation altogether.

If you were a programmer in the 50s or 60s or 70s where do you get the mindset you were making stupid cash? LOL. All programmers have never been exceptionally rich. You are getting superstar programmers who hit it big with certain software confused for the industry average. LOL women or kid coding means nothing because coding and programming have always been open and subject to major market disruption. You don't know the industry you are talking about, hell there are millions in india alone who can code for dirt cheap, let alone china and russia. Fact is cream rises to the top and if you aren't staying ahead of the curve you'll fall behind, as for being replaced, if you are a programmer and you aren't learning new code and getting better you deserve to get replaced and undercut, you aren't worth the money. So again stop looking at the labor market from the perspective of a person looking for some scraps, and recognize it for what it is, a competition and you need to constantly be on it, always making yourself valuable to keep around, by learning new skills, networking, and refining processes.

So you don't care about the crumbling infrastructure of America, the hundreds of millions of people living check to check, or the declining quality of life, but as long as you got Tony Stark level of knowledge and getting paid the equivalent as a Trucker from 1978, everything gotta be OK? :heh:

Cut everyone's throat and make America live in poverty is cool as long as you get paid, correct? :sas2:

LOL, crumbling infrastructure isn't an "american" problem. its a respective state /county issue for the state/county/city you live in.
If a person is living paycheck to paycheck that is there problem. I don't care.
The quality of life isn't declining, the cost of living is steadily dropping as well.

Again its funny and sad to see how lowly some of you are, and that you think Tony Stark level of knowledge, means something in real life. Tony Stark is a fictional character. Tony Stark's level of knowledge doesn't exist in reality, no one is a expert in that many fields, no one can make "magic" scanning radars, and etc. You don't have to have fictional levels of intelligence to make financial waves in life, you simply have to have the mindset of knowing what your strengths are, recognizing what markets are coming up for demand, and the self discipline and determination to train yourself to take advantage of those situations.
 

Cacs R Us

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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

Gonna be quicker that than they're already replacing folks via employment through H-1B visas where they can because they'll work the same techy job for far less.
 

HellRell804

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You going to business school means absolutely nothing. I'm not talking about pointless education. I'm talking about marketable skill.
No, this magical time of one job taking care of a family is a lie. If you had a certain job in demand and with a certain level of wage you could. If you had a low skill job you weren't taking care of shyt and if you had a family you were struggling to make ends meet and depending on an extended family. Stop with the romanticzation of a past that never existed.

Also you explanation of credentialism is off a bit, and the tuition skyrocketing had to do with government entering the student loan market and causing a bubble, which is another conversation altogether.

If you were a programmer in the 50s or 60s or 70s where do you get the mindset you were making stupid cash? LOL. All programmers have never been exceptionally rich. You are getting superstar programmers who hit it big with certain software confused for the industry average. LOL women or kid coding means nothing because coding and programming have always been open and subject to major market disruption. You don't know the industry you are talking about, hell there are millions in india alone who can code for dirt cheap, let alone china and russia. Fact is cream rises to the top and if you aren't staying ahead of the curve you'll fall behind, as for being replaced, if you are a programmer and you aren't learning new code and getting better you deserve to get replaced and undercut, you aren't worth the money. So again stop looking at the labor market from the perspective of a person looking for some scraps, and recognize it for what it is, a competition and you need to constantly be on it, always making yourself valuable to keep around, by learning new skills, networking, and refining processes.



LOL, crumbling infrastructure isn't an "american" problem. its a respective state /county issue for the state/county/city you live in.
If a person is living paycheck to paycheck that is there problem. I don't care.
The quality of life isn't declining, the cost of living is steadily dropping as well.

Again its funny and sad to see how lowly some of you are, and that you think Tony Stark level of knowledge, means something in real life. Tony Stark is a fictional character. Tony Stark's level of knowledge doesn't exist in reality, no one is a expert in that many fields, no one can make "magic" scanning radars, and etc. You don't have to have fictional levels of intelligence to make financial waves in life, you simply have to have the mindset of knowing what your strengths are, recognizing what markets are coming up for demand, and the self discipline and determination to train yourself to take advantage of those situations.

See you're basically on some Apex predator shyt. And if you have half the drive you're describing I'm these posts you'll always be ok. Our kind always is.

But the average person doesn't even want to go to college, let alone continuing school all throughout their entire adult lives just to stave off some kid who learned what you learned in college when he was in middle school.

Ironically it's precisely that atmosphere of stress and job insecurity that makes it easier for companies to depress wages.
 

Dzali OG

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Not a republican.
10s of millions of people won't be unemployed due to automation. Most will have a job loss and move into other fields.
The funny thing is rising the cost of hiring low skilled labor or in general any human labor made it cost effective to push for automation in the first place.
You bleeding heart anti-business liberal c00ns, brought this on yourself.

Naw breh you don't see it...

There are more people than there are sustainable jobs PERIOD.

More and more kids graduating who will be more advanced than you. Heaven forbid you're black and have to face discrimination also. You can be as qualified as you want, if Chad is just as qualified, your ability to "fit in" with the saltines will run out.

America is being pushed into some type of Elysium reality. Aye, you maybe one of the few tokens in that sea of whiteness! But it gets lonely.
 

Dzali OG

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If we didn't have so many people like @David_TheMan black and whites would set aside differences to prevent this train that's about to be ran on us.

I have PROFESSIONALS in my office who are in tears looking for work. Flabbergasted that with all their education and training, they are jobless and losing it all.

I'm talking haven't worked in a year. Resume filled with temp jobs. Attorney's applying for admin asst positions!

There needs to be a NATIONWIDE boycott and strike to get tptb attention. To maybe delay what's coming.

@David_TheMan you maybe young and strong now, but time is undefeated. Unexpected illness is like 50-2. It's sad sitting across from a professional who got old or sick and they can't find work. Looking at a 70% pay cut and the numbers not matching.

But to tell the truth...theres nothing we can do about it. This way of living is unsustainable unless America gets on some bullyfoot shyt and overtly tells the world they're our slaves and source of resource.
 

#1 pick

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Brehs, I went into a CVS store last week. It was dead AF in there. It's makes sense though because everything CVS sells is overpriced compared to Walmart, Target, Aldi, Dollar General, Family Dollar, Dollar Tree, 99 Cents Only stores, Big Lots, & etc.





:gucci: How are they not on the list too? Are they able to stay afloat strictly because of their Pharmacy?
Because they are raping Pharmacist hand over fist.
 

Geek Nasty

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Petsmart. :dahell:

Going out of business selling $80 doggie beds :mjlol:


Toysrus still hits me though :francis: as a kid getting to go just to walk the isles was always a treat. Nothing compares to a kid going through a toy store.
 

Wild self

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Naw breh you don't see it...

There are more people than there are sustainable jobs PERIOD.

More and more kids graduating who will be more advanced than you. Heaven forbid you're black and have to face discrimination also. You can be as qualified as you want, if Chad is just as qualified, your ability to "fit in" with the saltines will run out.

America is being pushed into some type of Elysium reality. Aye, you maybe one of the few tokens in that sea of whiteness! But it gets lonely.

He think that the market is fair :heh:
 

Reece

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Brehs, I went into a CVS store last week. It was dead AF in there. It's makes sense though because everything CVS sells is overpriced compared to Walmart, Target, Aldi, Dollar General, Family Dollar, Dollar Tree, 99 Cents Only stores, Big Lots, & etc.





:gucci: How are they not on the list too? Are they able to stay afloat strictly because of their Pharmacy?

I used to work at Walgreens in high school and being good with money, they let me help count up the take every night

I saw all the numbers on the computers

The store made between $15,000 and $30,000 every day with MOST of it coming from the Pharmacy

All the shyt in the store is just for you to buy on down time while they filling your orders
 
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