The Era Of Giant Chain Stores Is Over — And They've Ruined America

[Yo_Mama]

10. That's really stupid

Wrong on so many counts that it is hard to enumerate them.

To name a few - small retail generally has slightly higher to significantly higher delivery costs. Retail chains may be closing overbuilt stores, but that does not mean you can open up in their place - the money to support a store isn't there. It will be replaced by online shopping.

Declining per capita wage income favors big chains with their economies of scale over small shops. Small shops are going out of business like gangbusters, as are mom and pop restaurants. Who wins in these times? The huge chains, like McDonalds. They crank up their value menu and mop the floor with the competition. Business shifts from higher cost venues to lower cost venues when spendable incomes decrease.

Truckers at this point already cranked down during the last recession. They do not have significant trucking overcapacity, so the result is that higher fuel prices will result in higher freight charges, not truck repos.

I don't know where the editorial staff dug up this bozo who quite clearly knows not of what he writes. Maybe the editors just wanted a laugh riot in the comments or something. Maybe they ran a contest to find the stupidest person out there.