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Archive: https://archive.today/aSssw

From the post:

>Big Lots, the discount retail chain, is the latest company to announce store closures across the U.S., and a handful of Colorado locations will soon shut their doors. In June, a U.S. Securities and Exchange Commission filing from the company said Big Lots planned to close between 35 to 40 stores this year. Leaders within the company cited inflation and their inability to compete under economic pressures as one of the reasons for the closures. During the first quarter of 2024, the company reported $1 billion in sales, a 10.2% decrease compared to the same period last year, said Big Lots.

Archive: https://archive.today/aSssw From the post: >>Big Lots, the discount retail chain, is the latest company to announce store closures across the U.S., and a handful of Colorado locations will soon shut their doors. In June, a U.S. Securities and Exchange Commission filing from the company said Big Lots planned to close between 35 to 40 stores this year. Leaders within the company cited inflation and their inability to compete under economic pressures as one of the reasons for the closures. During the first quarter of 2024, the company reported $1 billion in sales, a 10.2% decrease compared to the same period last year, said Big Lots.

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[–] • 1 pt

Yeah, I know what you mean. It's like outlet malls. We used to have a J.C. Penny outlet store here, and it really was outlet merchandise. You could get clothes that were "last year's" stuff, jeans that had a crooked stitch, catalog overstocks - all at bottom dollar prices. The curtains in my place all came from there, high-end stuff that just happened to be an older style but I don't give a shit. They went away because Penny's is basically the last man standing of the old department stores.

Now? You see those "outlet malls" on every exit on the interstate. There's no way companies are making that much merchandise that isn't sold, so they make special models for the outlet stores. You can only get them and return them at outlet stores.

[–] • 1 pt

A new "outlet mall" opened near somewhere I have gone to an "old" outlet mall. The old mall was a proper outlet mall and prices were better. The "new" one was only about 5 miles away and was in a different tax jurisdiction so even if the prices would have been a little cheaper it didn't matter because the city/county decided they were going to put a like 20 cent tax on everything.

Yeah, it was "new and fancier" than the other "mall" but the prices are shit even without the higher taxes.

It is all a fucking scam now trying to use psychology to make you think you are paying less for a slightly lower quality product but in reality you may be paying the same for a shit quality version of the same product. It is a fucking scam.

[–] • 1 pt

Let me guess, Tanger Outlets? Those are scammy as fook.

[–] • 1 pt

Its something more local and I don't think they are a national thing so I don't know if they are under the same brand. It was a large collection of outlet shops though.