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In the case of Macy's, they are not competing against

Posted on: January 5, 2017 at 10:01:22 CT
Spanky KU
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Big Box stores that can use much cheaper labor. The stores need to be where the customers are and they must pay the 'going rate' for labor in that area. Macy's needs to eliminate unprofitable/uncompetitive stores (and likely retool to a more internet based type of business like Amazon). Additionally, Congress has not signed Free Trade Agreements that place them at a competitive disadvantage against similar businesses that operate in a different country.

Manufacturing is not like that.

Edited by Spanky at 10:02:21 on 01/05/17
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Macy's losing 10k jobs? - JayHoaxH8r MU - 1/5 09:41:45
     the Obama economy - part-time jobs counted as full - 90Tiger MU - 1/5 09:55:44
     they aren't moving to mexico you dumba$$ - Ragnar Danneskjold MU - 1/5 09:55:13
     Is Macy's sending those jobs to Mexico or China? - Spanky KU - 1/5 09:51:09
          The takeaway from both examples is... - Ferg STL - 1/5 09:55:38
               In the case of Macy's, they are not competing against - Spanky KU - 1/5 10:01:22
                    The point you are missing is the US economy - Ferg STL - 1/5 10:17:00
                         It is no longer driven by manufacturing due to stupid - Spanky KU - 1/5 10:25:11
                              No. It's no longer driven by manufacturing for the - Ferg STL - 1/5 10:29:26
                                   The economy didn't evolve on its own.. it was - Spanky KU - 1/5 10:37:21
                                        The economy changed with the changing technology. - Ferg STL - 1/5 10:43:30
                                             No it didn't.. The jobs moved off shore - Spanky KU - 1/5 10:53:10
                                                  Partly because of high corp tax rates which can be fixed. - Ferg STL - 1/5 11:09:45
                                                       More productive workers.... - Spanky KU - 1/5 11:28:34
     He's in office?(nm) - tigerNkc KC - 1/5 09:44:12
          He's taking credit for everything already - Danny Whizzbang USA - 1/5 09:44:34
               no, he took credit for using influence on decisions - 90Tiger MU - 1/5 09:56:28
               he had direct hands in those. When did he - SuperTone MU - 1/5 09:48:15
                    He's already claimed credit based on consumer confidence - Danny Whizzbang USA - 1/5 09:50:38
                         hint: Macy's isn't closing based on its view of consumer - 90Tiger MU - 1/5 10:11:04
                         your logic broke down rather quickly in that short post. - SuperTone MU - 1/5 09:54:12
                              Would you like a pizza hanky?(nm) - Danny Whizzbang USA - 1/5 09:55:33
          Ford plant staying. Thanks obama? - JayHoaxH8r MU - 1/5 09:44:29
               it would be great if obama would have done what trump - 90Tiger MU - 1/5 09:57:20




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