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Tag Archives: too much of everything
Too Much of Everything: Car Companies
Saab Is Dead News, Videos, Reviews and Gossip – Jalopnik. It happened in December, but I completely missed it. They’re even emptying the Saab museum. Kinda sad.
Too Much of Everything: Big Box Retail Stores
10% SAVINGS RATE + CONSUMER SPENDING AT 65% OF GDP = RETAIL DISASTER: Our entire consumer society has been built upon a foundation of lies. The biggest being you could get wealthy without saving. The other being that you were … Continue reading
Too Much of Everything: Video Rental Stores
All 1,900 U.S. Hollywood Video and Movie Gallery stores closing. Meanwhile Blockbuster is looking for debtor-in-possession financing in case it has to file for bankruptcy.
Too Much of Everything: Various
iTulip.com – The Fog of Economic Crisis: Bad as 2008 was for retailers, 2009 produced almost four times as many store closings by more than six times as many retailers. A total of 255 retailers closed 16,232 stores, producing the … Continue reading
Too Much of Everything: Hotels
Wall Street Journal – Hotels Deliver Some ‘Jingle Mail’ : ‘Jingle mail” isn’t just for homeowners anymore. From San Diego to Dearborn, Mich., an increasing number of hotel owners in the U.S. market are simply walking away from money-losing properties … Continue reading
Too Much of Everything: Strip Mall Space
CalculatedRisk – Reis: Strip Mall Vacancy Rate Hits 10%, Highest Since 1992: “Right now it looks like all signs are pointing to rents and vacancies, big components of income, getting shot down,” [Victor Calanog, director of research for Reis] Inc … Continue reading
Too Much of Everything: Bank Branches
Wall Street Journal – BofA Plans to Cut 10% of Branches: Bank of America Corp. Chief Executive Kenneth Lewis told investors last week he is planning to shrink the company’s 6,100-branch network by about 10%, a pullback from the two-decade … Continue reading
Too much of everything: Restaurants and Post Offices
The other day I wrote: “It will take years to run through the current real estate glut. We could quit building now and not need to build another house, condo, strip mall, office building, restaurant, bank branch, vacation home, hotel, … Continue reading
Too Much of Everything: Condominiums
1 is very lonely number for New Jersey family that is the sole tenant of Florida highrise: FORT MYERS, Fla. (AP) — The Vangelakos’ southwest Florida condominium has marble floors, a large pool overlooking a river and modern furnishings that … Continue reading
Too much of everything
The guys at Zero Hedge have put together a report on the state of the economy and why we’re not going to go back to the good old days next month or next year: “The End of the End of … Continue reading
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