Lou Ludwig Success Tips: Are We Tired Of The Big Box Stores?

Are We Tired Of The Big Box Stores?

Steve shows insight to the changing shopping habits in the country. The question becomes how deep will the change in shopping habits go and what will be the next casualty of change?

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Good luck and success.

Lou Ludwig

One, by one, the big box stores are falling or pulling back. Some thrive, most do not. The home centers and some home furnishing stores are doing well. The electronics and book stores are not.

In the past few years, we have seen Linens & Things, Circuit City, and CompUSA close down nationwide. Circuit City maintains an online store only, and CompUSA came back much smaller. Now Borders is announcing store closings upon store closings.

The latest big box company to voice difficulties in keeping the doors open is Best Buy. They cite the internet shopping experience that has eliminated the need for large showrooms with dozens of choices.

Don't look for any new entries into the national or regional big box arena. Some of the successful brands will continue to expand and find new markets, butother existing ones may falter.

The national big box stores served a need and they anchored the development of many shopping centers. That time seems to have passed, but the stores they have vacated are being absorbed and reinvented by local merchants..

 

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For more information on my coaching and educational programs and services, visit my website stevehoffacker.com, or go to my other blog homesalesinsights.com for additional sales tips, insights, and commentary. Listen to my free podcast messages at Steve Hoffacker's Happenings.

Steve Hoffacker - Consultant, Coach, Author, Blogger, Photographer, Motivator, Teacher, & Strategist - for Realtors, Real Estate Sales Professionals, Home Builders, New Home Salespeople, Entrepreneurs, Small Business Owners, and Independent Sales Representatives.

© Steve Hoffacker, 2011. All Rights Reserved.

Comment balloon 3 commentsLou Ludwig • March 29 2011 06:05PM

Comments

Lou..There goes more unemployed people!

HelpfulHannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) over 7 years ago

Lou,

Living in small town USA, we would like to see a few big box stores close to us.  Sometimes we have to drive 100 miles to buy what we need because no-one locally carries it.

Posted by 1 ~Judi & Don Barrett & Chassy Eastep - Integrity, BS Ed, Integrity Real Estate Services -IDABEL OK (Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745) over 7 years ago

Lou,

Thank you for reblogging this. Shopping habits are changing as well as the retail model. :)

Steve

Posted by Steve Hoffacker, Certified Aging In Place Specialist-Instructor (Steve Hoffacker LLC) over 7 years ago

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