topic Re: ANOTHER STORE CLOSING IN MY AREA in Community Chat

ANOTHER STORE CLOSING IN MY AREA

ScrapHappy — Thu, 30 Jan 2020 17:50:22 GMT

Received a letter in the mail yesterday that Lazy Boy is closing its store in my area. This is on a main, busy road that leads to the mall with lots of other stores like Target, REI, Hobby Lobby, etc. But I've only lived here for four years and have seen a lot of store closures on this road. Including: Payless Shoes, Fudruckers, Applebee's, Toy's R Us, Babies R Us, Thomasville Furniture Store, & Sears. There's probably more, I just can't remember. There's also a Bed, Bath and Beyond and a Pier 1 that I'm wondering is going to make it.

Re: ANOTHER STORE CLOSING IN MY AREA

Still Raining — Thu, 30 Jan 2020 17:53:41 GMT

Saw a sign from the freeway on a trip over to the east side last week. I think it said they were consolidating with another site.

Re: ANOTHER STORE CLOSING IN MY AREA

Spurt — Thu, 30 Jan 2020 18:27:58 GMT

@ScrapHappy

The store closures --- Payless Shoes, Fudruckers,Toy's R Us, Babies R Us, Applebees, Thomasville Furniture Store, & Sears---they have filed for Bankruptcy either closing all stores or many of their stores.....

As far as LaZBoy ---- they closed an upholstery plan in Redlands CA 350 jobs were lost...The plant produced sofas, recliners and more, it accounts for about 10% of the brand’s upholstery production. Sounds like they are a bit in trouble too

The retail world is brutal a place with competition from Amazon, Walmart, TJMAXX Cos etc etc....only those that are well managed, and update and keep their operations ever changing to meet today's consumer demands are surviving...

Its very sad, people lose jobs...and the consumer loses more choices and then prices increase as well....

Re: ANOTHER STORE CLOSING IN MY AREA

SharkE — Fri, 31 Jan 2020 17:59:04 GMT

I love Lazy Boy!

Re: ANOTHER STORE CLOSING IN MY AREA

DottieD — Fri, 31 Jan 2020 20:08:17 GMT

Add Papyrus to the growing list of stores that are closing.

Re: ANOTHER STORE CLOSING IN MY AREA

SharkE — Fri, 31 Jan 2020 20:11:47 GMT

Hope Penny's stays my new place to buy jewelry

Re: ANOTHER STORE CLOSING IN MY AREA

Shelbelle — Fri, 31 Jan 2020 22:19:25 GMT

@ScrapHappy wrote:
Received a letter in the mail yesterday that Lazy Boy is closing its store in my area. This is on a main, busy road that leads to the mall with lots of other stores like Target, REI, Hobby Lobby, etc. But I've only lived here for four years and have seen a lot of store closures on this road. Including: Payless Shoes, Fudruckers, Applebee's, Toy's R Us, Babies R Us, Thomasville Furniture Store, & Sears. There's probably more, I just can't remember. There's also a Bed, Bath and Beyond and a Pier 1 that I'm wondering is going to make it.

My Pier One and BBB are recently gone!!

Re: ANOTHER STORE CLOSING IN MY AREA

speedy girl — Sat, 01 Feb 2020 06:09:35 GMT

That's so sad to hear, I always thought they had quality things. I have a hard time thinking that people buy their furniture on line, so I don't really understand their closing.

Re: ANOTHER STORE CLOSING IN MY AREA

beach-mom — Sat, 01 Feb 2020 06:14:49 GMT

HOW can you try out a recliner online??

I think eventually shoppers will want some stores back. I believe the cuts in personnel, the condition of the stores, and the overflow of merchandise contributed to this, although it may not have been the main reason.

Re: ANOTHER STORE CLOSING IN MY AREA

gardenman — Sat, 01 Feb 2020 13:27:37 GMT

Retail is brutally Darwinian. La-Z-Boy stores have a hard time competing as their products are also sold in multiple other places, including other furniture stores. Do you go to a place where you can only buy La-Z-Boy or a store where you can buy them and other products and compare them to other products?

Very, very few retailers survive longterm. Whatever you do well, everyone else will copy. Areas where you're weak others will be strong. If you show there's a profit to be made selling whatever you're selling, others will look to take over your sales. Retail is not for the fainthearted.

Let's say you think there's a market for widgets, so you open a store selling widgets. You were right and sales take off. People are coming from all over to buy your widgets. You start to expand and open more stores selling widgets and your profits continue to grow. Then other stores notice your sales and say, "Hey, we should be selling widgets too!" Pretty soon everyone's selling widgets and your profits disappear. Before long you find yourself having to close your stores because people can now buy widgets everyplace.

Unless you have a unique product that people can't get elsewhere, you're going to be out-competed at some point and time. You'll need a certain volume of sales to stay in business and as the market gets saturated with people selling what you're selling, your sales will fall below the level you need to stay in business and there's nothing you can do about it. You have to be the best at what you do, offer a level of service others can't match, be flexible, adaptable, and even then, you might not survive. Retail is a brutal, brutal field.

Re: ANOTHER STORE CLOSING IN MY AREA

Twins Mom — Sat, 01 Feb 2020 15:06:45 GMT

@ gardenman
Well stated. A person only needs so much furniture, especially if one has purchased quality. I appreciate help I get at places like Lazy Boy as well as choices to try.
With regard to closings, our store says it’s temporary for renovation. Guess we will eventually find out. When our Steak n Shake signs advertised renovation, etc they never opened up.

Re: ANOTHER STORE CLOSING IN MY AREA

happycat — Sat, 01 Feb 2020 15:20:26 GMT

So many stores have closed here. The resale stores here are the only ones that seem to be thriving, and they are everywhere.

And things do not have the quality they use to. The JC Penneys here doesn't sell real leather handbags or shoes like they use to. They are cheap. We all don't want cheap.

Re: ANOTHER STORE CLOSING IN MY AREA

riley1 — Sat, 01 Feb 2020 15:41:06 GMT

Saw a "closing" sign for our Lazy Boy last week and I was surprised. However, when I looked closer, it also says in small print "for renovations" - which this location definitely needs.

Re: ANOTHER STORE CLOSING IN MY AREA

I am still oxox — Sat, 01 Feb 2020 15:41:55 GMT

@beach-mom

We bought our double recliner sofa from Raymour and Flannigan, the price was about 500 more at Lazy Boy and the service from Raymour and Flanigan was great

@beach-mom wrote:
HOW can you try out a recliner online??

I think eventually shoppers will want some stores back. I believe the cuts in personnel, the condition of the stores, and the overflow of merchandise contributed to this, although it may not have been the main reason.