Get Ready for Mass Retail Closings

About 220,000 stores may close this year in America, says our guest, retail consultant Howard Davidowitz of Davidowitz & Associates. As more Americans save and spend less, it’s clear there’s too much retail space. Just visit Web site deadmalls.com and track retail’s growing body count. And luxury retailers? They’re on “life support,” Davidowitz says.

To view dictionary popup window put your cursor on the blue scripture words.
Perplexity

“…upon the earth distress of nations, with perplexityStrongs 640: aporia, ap-or-ee´-a; from the same as 639; a (state of) quandary:—perplexity.
Strongs 639: aporeo, ap-or-eh´-o; from a compound of 1 (as a negative particle) and the base of 4198; to have no way out, i.e. be at a loss (mentally):— (stand in) doubt, be perplexed
….”
—Luke 21:25

Root of All Evil

“For the love of money is the root Strongs 4491: rhiza, hrid´-zah; apparently a primary word; a “root” (literally or figuratively):—root of all.of all evilStrongs 2556: kakos, kak-os´; apparently a primary word; worthless (intrinsically, such; whereas 4190 properly refers to effects), i.e. (subjectively) depraved, or (objectively) injurious:—bad, evil, harm, ill, noisome, wicked. …..”
—1 Timothy 6:10a

Among the brandname stores Davidowitz says are in trouble:

Nordstrom
Neiman Marcus
Tiffany
Jeweler Zale Corp.
Saks
J.C. Penney
Sears
Plus, earlier we discussed:

Retail goods on sale — perhaps permanently.
And the ‘worst is yet to come:’ Americans’ standard of living permanently changed.

  1. YeshuaAgapao, 28 February, 2009

    Imagine the mayhem if the dollar tanks and Wal-Mart or Costco goes under…. That may just happen if the US government’s debt rises so high that they can no longer finance new debt the conventional way… Satan’s fun year (2012) or the year after that would be good timing for that.

  2. Sebrena, 01 March, 2009

    It is true our standard of living should change. We have way more than we need and it’s time to come back to the basics. Take the things we have learned and begin to go back to our roots. Teach our kids how to work the land, work with their hands to build things, and to come into community again. We need to stand with each other and support one another. When we pray in unity and cry out to the Lord he will answer us. Psalm 133

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