Mervyn's: Death of California's Retail Chain [View article]
Just wait & see when the herd gets thin out how quick those left standing wont jump on raising their prices since the threat of other retail stores will be low the ones left standing will now have the room to do as they please us being the shopper known theres not alot of good pickings will be forced to eat it and go with paying the new higher prices..A bigger herd also allows to keep prices down.Ps:Mervyns had what is rare in retail stores thats heart..
On Jan 05 11:11 PM Joel West wrote:
> Dear Einstein, > > My point is that Mervyn’s had did have something special, for at > least some people. I would agree that looking at the merchandise > mix and pricing on paper, it looked like just any other store in > a very competitive segment. But it had some sort of niche with a > loyal following -- just not a big enough loyal following. > > Is America overstored? I dunno; I suppose with all those Wal-Marts > and Targets and Kohl's opening, there's a day of reckoning that's > been put off, or from all the sales going online. > > What I do know is that you will get your thinning of the herd with > this recession. For investors and employees, the interesting question > is which chains will be bought whole, be bought in pieces (typically > out of bankruptcy), and which will disappear entirely with the space > to be taken over by yet another Kohl's or Best Buy. > > JW > > PS: Notsosmart, I certainly agree that too much taxpayer money is > bailing out private mistakes. Look for the Madoff bailouts coming > soon.
Mervyn's: Death of California's Retail Chain [View article]
I worked for mervyns for about three years. was one of the many to lose their job as mervyns doors began to close..The company seemed like another retair store chain true. what Mervyns offer was much more then your local target or walmart. offer that was heart.MOst of us employees went out of our way to go above & beyond what was expected to make our shoppers feel welcome & get the best service they could..We prided ourselfs on always striveing to be the best & above.We made sure the stores were always well stocked & neat for the shoppers..I have enjoyed working for Mervyns & will greatly miss my co workers & friends. I have made.What we offer was one of a kind that was pure heart. to make the shopper feel welcome & respected.The blame isnt on the employees we all did the best we could but the blame should go to the owners such as hudson & other investor companys that ran mervyns they raped the store of any profits & didnt place enough back into the company to give it the foundation support it needed to grow & be on top.this company truly was special.The founder did one heck of a job . I seriously doubt that any other retail store could come close to employee decation.I will miss the good times & bad times at mervyns Ill even miss the rude shoppers we got..I was lucky & honor to have worked for mervyns.They gave me a chance & hired me without my high school diploma when other retail stores wouldnt hire me due to not completeing high school.This company was one of a kind & special.Its just sad that Mervyns wasnt able to climb to the top this company passed without truly spreading its wings.I will miss my friends and working for this company god bless all of the mervyns employees that lost their job My prayers are with them in hopes of them finding employment.
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On Jan 05 11:11 PM Joel West wrote:
> Dear Einstein,
>
> My point is that Mervyn’s had did have something special, for at
> least some people. I would agree that looking at the merchandise
> mix and pricing on paper, it looked like just any other store in
> a very competitive segment. But it had some sort of niche with a
> loyal following -- just not a big enough loyal following.
>
> Is America overstored? I dunno; I suppose with all those Wal-Marts
> and Targets and Kohl's opening, there's a day of reckoning that's
> been put off, or from all the sales going online.
>
> What I do know is that you will get your thinning of the herd with
> this recession. For investors and employees, the interesting question
> is which chains will be bought whole, be bought in pieces (typically
> out of bankruptcy), and which will disappear entirely with the space
> to be taken over by yet another Kohl's or Best Buy.
>
> JW
>
> PS: Notsosmart, I certainly agree that too much taxpayer money is
> bailing out private mistakes. Look for the Madoff bailouts coming
> soon.
Mervyn's: Death of California's Retail Chain [View article]
I seriously doubt that any other retail store could come close to employee decation.I will miss the good times & bad times at mervyns Ill even miss the rude shoppers we got..I was lucky & honor to have worked for mervyns.They gave me a chance & hired me without my high school diploma when other retail stores wouldnt hire me due to not completeing high school.This company was one of a kind & special.Its just sad that Mervyns wasnt able to climb to the top this company passed without truly spreading its wings.I will miss my friends and working for this company god bless all of the mervyns employees that lost their job My prayers are with them in hopes of them finding employment.