10 Job Sectors in Decline

**OntarioVanMan** · 02-25-2010, 08:20 AM

Originally Posted by greg334

So Penny and macys went from .023% to .031% market share combined?

So when macys and penny get into being an all in one store then they will be serious competition.

Also Kohls and SKmart has increased sales last quarter all at the expense of Walmart.

**highway star** · 02-25-2010, 09:14 AM

Originally Posted by OntarioVanMan

Also Kohls and SKmart has increased sales last quarter all at the expense of Walmart.

Can that really be more than just a statistical blip? In towns that have both a KMart and Wal-Mart, the KMart will have an empty parking lot. My hometown of Alpena is a great example. When I go into the KMart it seems like it's just me and the employees, while at the same time the Wally World will be very busy. I don't know why they keep that location open. It must be just bull-headed pride.

**mjolnir131** · 02-25-2010, 11:43 AM

Originally Posted by OntarioVanMan

Your post proves the point....most are traditional jobs and they dwindling....The old standard is/has been changing.

Oh BTW...Maceys and JC Penny has their sales increasing as they take market share away from Walmart for the first time since 1978....Walmart actually saw sales decline in year to year totals...
Walmart is re-organizing yet again...closing and tossing out their Friendly Market stores, closing some Sams and going back to their 175,000 sq foot and bigger models of super stores...

There was an econimist on the radio the other day did not catch his name, that claimed the dept store shake up going on will leave only 2 you would regicnise dollar general and jc penny and he was not sure about wal-mart making it.

**greg334** · 02-25-2010, 11:50 AM

Well Kfart maybe an issue of loyalty, with a lot of Michigan residence getting screwed by the company in the past, it is no longer a Home Town favorite.

I don't beleive for a second that Walmart would lose market share, they have toooooooo much latitude in pricing to have that problem with Kohls (yuk), Pennys or Kfart - they can take every item they have in their store in some markets and price them below cost to get rid of the competition.