“Biggest Drop In More Than Nine Years”: America’s Retail Apocalypse Is Greatly Accelerating In The Early Stages Of 2019

By Michael Snyder

All over America retailers are going bankrupt and closing stores.  Of course this has been happening for years, but as you will see below the numbers have dramatically escalated during the early portion of 2019.  Our landscape is already littered with countless numbers of hollowed out stores and abandoned malls, and it is about to get a whole lot worse.  Retailers were hoping that a strong holiday season would turn things around, but that didn’t happen.  In fact, we just learned that retail sales in the United States suffered “their biggest drop in more than nine years” during the month of December…

U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018.

The Commerce Department said on Thursday retail sales tumbled 1.2 percent, the largest decline since September 2009 when the economy was emerging from recession.

Every time I write an article like this, a few commenters chime in and blame this entire trend on the rise of online retailing.  And without a doubt online retailing has been growing in recent years, but it still accounts for less than 10 percent of the entire industry.

If online retail sales were to blame for this latest drop, you would expect to see that reflected in the numbers.  But instead, when we look at the numbers what we find is that online retailers experienced “the biggest drop ever” during the month of December…

December online internet sales (non-store retailers) tumbled 3.9% MoM – the biggest drop ever

So brick and mortar retail sales are going down and online retail sales are going down.

It is starting to smell a lot like a recession, and many in the industry are starting to panic.

And when I say panic, I mean that they are closing stores at a pace that is far faster than last year.  In fact, so far retail store closings are 23 percent ahead of the pace set last year

via “Biggest Drop In More Than Nine Years”: America’s Retail Apocalypse Is Greatly Accelerating In The Early Stages Of 2019 — A Sweet Dose of Reality | The Mad Truther

14 thoughts on ““Biggest Drop In More Than Nine Years”: America’s Retail Apocalypse Is Greatly Accelerating In The Early Stages Of 2019

  1. Payless Shoe Source just announced that it is liquidating all stores and closing for good. Only franchise owners will remain open, but the company as a whole is going out-of-business.

    “Payless ShoeSource confirmed Friday that it will close its 2,100 stores in the U.S. and Puerto Rico and start liquidation sales Sunday. The company is also shuttering its e-commerce operations.

    The closings mark the biggest by a single chain this year and nearly doubles the number of retail stores set to close in 2019.

    “We expect all stores to remain open until at least the end of March and the majority will remain open until May,” the company said in a statement to USA Today. “This process does not affect the company’s franchise operations or its Latin American stores, which remain open for business as usual.”

    On Wednesday, Coresight Research released an outlook of 2019 store closures that said there was “no light at the end of the tunnel.”

    https://www.msn.com/en-us/news/other/payless-shoesource-closing-all-2100-stores-starting-liquidation-sales-sunday/ar-BBTEujB

    So, as you can see, we are headed, not for a recession, but for a DEPRESSION since no one will be able to buy a pair of Payless shoes online so that puts paid to that lie about how online sales are causing the decline of foot traffic to brick and mortar stores. They can try and spin this any way they like, but the reality is, we are in DEPRESSION waters. And there was yet another article out this week stating that 39 million Americans are 3 months behind on their car payment. That is going to be a big deal. There is no ‘good’ news despite what Trump says to the contrary. He needs to join the rest of us in the ‘real’ world.

    Liked by 1 person

    • Dr. Bramhall, the truth never gets printed. I have not been online because my cousin was involved in yet another standoff with the police over a suicide attempt. I wrote letters about our situation to USATODAY, The Guardian, The BBC, The New York Times, The Washington Post and even our local newspaper and not one would run our story. This man was under a civil commitment in Minnesota and even though I begged them to put him in a facility because of the fact that his mental state is so deteriorated, they did not. He left Minnesota, July 27th, 2016 and promptly jumped in front of a train in Washington, D.C. He suffered a fractured skull, a broken neck, a broken back and a broken right leg. They released him from the hospital a week and a half later into homelessness. I had to leave Minnesota and find him a place to live. Three months later, he was back in the hospital after having tried ‘suicide by cop’ whereas he took knives and walked through the streets of Baltimore, the cops were called and he was shot six times and bled out at the scene, and yet he survived. And on January 22, 2019 he took knives and a blanket and went to lie down on train tracks to wait for the train to run over him, but he was seen by someone who called 911 and reported a mentally disturbed man on the train tracks and the police/SWAT showed up and a15-hour standoff commenced. He was shot with beanbags and pellets and so surrendered on the 23rd at 1:15am. He was seeing a psychiatrist and I took him to his appointments and we begged the psychiatrist to do something about my cousin’s sleep deprivation. He only prescribed gababentin to add to 2 mg of risperdal and some bupropion which were doing nothing. My cousin was bouncing off the walls while I was begging and pleading for help from the psychiatrist. Since I have been in this town, I have filed two complaints with the medical board and two investigations have commenced and yet, I can get no one to tell our story. No one! When people speak of conspiracies, they are spot on because there is a conspiracy to keep the truth from the public.

      And even with the investigation by the medical board, we are not to be told of what their findings are, nor are we to be told if any action is taken. I thought that the Freedom of Information Act gave us the right to get that information. And I am having a hard time finding an attorney to take the case. What we are going through, you have no idea. The whole system is rigged and is a set up and the shit we see on TV and on sites like the Washington Post and The BBC and The Guardian and others are nothing compared to what is actually going down that TPTB don’t want known. The ‘public’ has no idea of what the fuck is going on. No idea at all.

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      • Shelby. From the history you give, it sounds to me as if your cousin may have started out with a mental illness but that he now suffers from Traumatic Brain Injury (TBI). There has been a lot of focus on this condition recently due to problems getting it diagnosed and treated in Iraq and Afghanistan veterans. The severe mood swings you describe and the intractable insomnia are both very characteristic of TBI. Patients with this condition are exquisitely sensitive to certain medications, including buproprion. It’s extremely difficult to treat.

        I tend to agree that you’re going to have immense difficulty getting appropriate treatment without getting a good lawyer. If you haven’t been to http://www.traumaticbraininjury.com/ I suggest you check them out. They offer free legal case evaluation and there are also some diagnosis and treatment links – you might find stuff you can print out and take to the next psychiatrist appointment.

        Please keep me informed – I specialized in treating TBI when I was in Seattle.

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        • Dr. Bramhall, he does suffer from TBI and this was known by the doctor in charge of prescribing his psych meds. A symptom of TBI is sleep deprivation. I have been on the site and I have clued myself in, but unfortunately, I cannot treat him and those who are supposed to treat him, just continue to wash their hands of him. He is now on his 3rd psychiatrist since they just continue to hand him on down the line. The psychiatrist that was treating him prior to the most recent one specialized in child/adolescent psychiatry. This man is most definitely NOT a child or an adolescent.

          Additionally, surgeons had to remove his skull and dig skull fragments from his brain after he jumped in front of the train. Now if that isn’t traumatic brain injury, then I don’t know what is. When the train was coming into the station, the man literally jumped right in front of it and was face to face with the person at the helm of the train’s controls. He smacked the train and then was knocked underneath it and the fire department had to extricate him from underneath the train. The link below is the only information that was ever made available. But there is a video of when he was shot by the police in Baltimore because he was the first person shot that was recorded on bodycam. Information on his identity was never published. The same here. Nothing is ever mentioned about his identity or about the issues that precipitated it.

          https://www.wusa9.com/article/news/local/man-hit-by-metro-train-in-dc/289991688

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          • Well here are 2 more links related to diagnosis and treatment of TBI:

            https://www.ncbi.nlm.nih.gov/pubmed/23848820
            https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3985339/

            In my experience, the most troublesome symptoms are insomnia and extreme anxiety and suicide ideation related to mixed states (mania and depression at the same time).

            The only thing that I found worked really well for mixed states was a combination of 3 drugs: either low dose valproate and lithium (as mentioned in the first paper) or low dose carbamazepine and lithium – plus quetiapine in as high a dose as tolerated (I had some patients who took 800 – 1000 mg at bedtime). I find it has fewer side effects than risperidone – plus it’s more sedating (for sleep).

            However I have had on-line dialogue with some TBI patients who have needed to take long acting benzodiazepines (clonazepam or diazepam) in addition to the above regimen to control the anxiety and intense suicide ideation.

            Your cousin may also need sleeping medication intermittently although it may not work and is likely to stop working if he takes it took often.

            It also sounds to me like he needs residential care until he stabilizes. Is he in a group home now? If not, hopefully a lawyer can give you some advice about how to make this happen. As I see it, the biggest problem in getting proper mental health care in the US is all the budget cuts that have happened since 2002.

            I don’t know if any of this helps. I’m sure your cousin has already tried lots of different medications.

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            • Dr. Bramhall, they keep releasing him home. This latest incident involving a 15-hour standoff with police/SWAT resulted in them placing him in a psych ward for 5 days, gave him an injectable, added trazadone, increased his gabapentin and then released him, called him a taxi and gave him instructions for outpatient care and once he was in the taxi, he was driven to the police station and given his knives back by the police. How crazy is that??!!

              The police had to call in crisis negotiators, the tactical team AND yet released his knives to him which is why the 15-hour standoff commenced in the first place. Am I the only sane one, other than you on this entire fucked up planet?

              When the hospital called me the day before they released him, they asked me if I wanted him back and I said, “NO! Put the man in a facility to get him straight because he has come at me with knives!” At 5pm the next day, my cousin walks in with not only a bowie knife strapped to his side, he also had a machete and pocket knives and he stated, “My doctor in the psych ward said that I have the right to protect myself.” SERIOUSLY???!!! This is what I am dealing with. My health has declined so much from stress that I am sick as a dog this very moment and on antibiotics. And the hospital never let me know that they were releasing him the next day after I had spoken with them because I asked them were they going to release him and they said, “No.” And yet, they did. So, I am in here with a man, who is lovingly, gazing at knives everyday talking about the next time he attempts suicide, he is going to jump off a bridge. Yeah! He’s ‘cured’ and should be unsupervised. I sleep with my door bolted and with a chair underneath the doorknob.

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              • Goodness, Shelby. I had no idea you were living with him. As I’ve said repeatedly, he is very lucky to have you in his life. But I am kind of seeing a pattern here we see in New Zealand – a tendency by both the legal and mental health system to dump unstable mentally ill and addicted individuals on wives, mothers etc and expecting them to look after them at home. Which is a much bigger problem in minority communities because it’s much more difficult for them to obtain access to health services.

                The current situation you are dealing with is truly awful – I have dealt with many families in similar situations – but the last time I lived in the US (2002) it was still theoretically possible for patients on Medicare and Medicaid to see a private psychiatrist. I don’t know if it is any longer, as they have cut these programs back significantly.

                I don’t know if you have talked to anyone at National Alliance for Mental Illness – the organization was started by a friend of mine trying to get appropriate mental health treatment for her son. They have a helpline number during business hours https://www.nami.org/

                They also have recommendations for all the places you can make formal complaints, in case you haven’t tried them all.

                https://www.nami.org/FAQ/Legal-Support-FAQ/How-do-I-file-a-complaint-against-a-mental-health

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                • Thank you Dr. Bramhall, but I have contacted NAMI and they are useless. Apparently, NAMI is now in bed with big pharma. A lot has changed since you left. They are literally giving us nowhere to turn. I am now writing a blog about this because if I can give it just a wee bit of exposure on my blog, I will have done something because I am tired. I want to leave this hole but you can see why I cannot. He has torn up the POA(Power of Attorney), the health care directive and the living will that I was given and so that should absolve me of any responsibility, but the thing is, I know that he can’t help what he has become and I have a big heart and I could not live with myself if I just abandoned him. What to do, what to do! SIGH!

                  Liked by 1 person

  2. Further to the issue of seeing a TBI specialist, when you get legal consultation, the lawyer should be able to refer you to a doctor. Personal injury attorneys commonly maintain a list of specialists they use to strengthen their case. They usually have an arrangement with them to recover the medical fees as part of the lawsuit..

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    • Dr. Bramhall, right now, we are in “Sleepy Hollow.” And so finding a good health care professional is like finding a needle in a haystack since that is the reason why I have filed two complaints with the medical board which initiated two investigations. None of these quacks here know their asshole from a hole in the wall. All of the doctors he’s had so far have been practicing psychiatrists. He has insurance, but no one gives a damn about his situation. They just keep sending him to me to deal with.

      This is why family members have ended up dead because no one would do anything about their mentally ill loved one. It happens more often than people realize. And when we were at a doctor’s appointment the other day, I even stated that they probably released him from the psych ward and the police gave him back his knives so that he could come home and stab me to death. The nurse snickered. What the fuck’s funny about that? Now are you getting a clearer picture? That was not a question.

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        • I would not put a pet pig in Johns Hopkins hospital because they are in league with the Baltimore cops because Johns Hopkins hospital told me to come over there to see my cousin and to bring with me essential papers for his care. When I arrived, I was instantly surrounded by Johns Hopkins security and told to “Get out!” I then stated that hospital personnel had told me to bring information on my cousin’s condition. Then the cop that was assigned to handcuff my cousin to his hospital bed after surgery, took my ID and told me to “Go down the hall and wait.” They then proceeded to take the information I had on my cousin, told me that I could sit with him for 5 minutes and then they told me to leave. I had to file a complaint against Johns Hopkins because when I was finally allowed over a week later to visit my cousin, his room was dirty, his trash was overflowing and his wounds weren’t getting any better. I had to throw fits all over Johns Hopkins. When my cousin was released, he was slated to receive injections of risperdal and the ONLY people standing in a long ass line to get those injections were Black. People were howling and crying because the shots hurt them no end. My cousin would have a raised area on his arm after having been given a shot. In addition to the shot, he was still taking the oral version of risperdal. Dr. Bramhall, seriously, things have really changed since you left. Johns Hopkins is not all it is cracked up to be. I kid you not. I am not trying to knock your attempts to help, it is just a case of “been there, tried that” and it was not what you would think it should have been.

          I have just posted a blog about my situation and I hope that others react to the fact that this problem is more prevalent than people realize.

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