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GiqueCee

(3,985 posts)

31. In retrospect...

Reply to CrispyQ (Reply #29)

Sat Mar 14, 2026, 01:22 PM

3 hrs ago

... I'll bet they found that they made more money with catalog sales then they ultimately made by overextending themselves with more brick-and-mortar stores than could reasonably be managed. And demographics factor in, too. Placing a high-end store in an area that is not populated by enough high-income earners that want to buy their stuff is a sure-fire recipe for disaster. Saw that happen here with a huge mall in an area that simply didn't have the population density to sustain it. Now it's a ghost mall.
One would think that that would be marketing 101 for developers, but greed blinds people to inconvenient facts.

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