Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Close with Modest Losses but Miners Gain on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 24 2017
By: Ira Epstein

Life Under Manipulation
By: Theodore Butler

Legendary investor names his top junior resource stock picks right now
By: Peter Spina, President, CEO of GoldSeek.com & SilverSeek.com

Silver Miners’ Q3’17 Fundamentals
By: Adam Hamilton, CPA

Deflation must be embraced
By: Alasdair Macleod

Gold’s 47-Year Bull Market
By: Steven Saville

Taxes, Macro Signals, Seasonality, US Stocks and Gold Miners
By: Gary Tanashian

The Key to Profitably Ending Precious Metals Price Suppression And Other Markets Manipulation!
By: Deepcaster

The Precious Metals Bears' Fear of Fridays
By: Dimitri Speck

 
Search

GoldSeek Web

 
RETAIL CRE: 225 Staple Store Closures - The Forecast Tsunami Now on the Horizon


 -- Published: Friday, 7 March 2014 | Print  | Disqus 

By Gordon T. Long

ITS NOT THAT EASY ANYMORE!!

STRATEGIC INVESTMENT ANALYSIS - Macro Answers

Staples, the largest US office supplies retailer just announced:

  • It will miss analyst revenue expectations and has slashed earnings projections,
  • It is losing customers to mass market chains and e-retailers,
  • Same-store sales in North America, excluding sales through Staples.com, fell 7 percent as Staples sold fewer business machines, technology accessories, office supplies and computers.
  • Revenue at the company's international division fell 13 percent, hurt by weakness in Europe and Australia.
  • Staples will shutter 225 stores nationwide by 2015, which is 12 percent of the company's 1,846 stores in the United States and Canada (1,515 stores in the United States and 331 stores in Canada).
  • A multi-year cost reduction plan is presently underway which Staples expects to generate annualized pretax cost savings of about $500 million by 2015.

"Our customers are using less office supplies..."

  • Rival Office Depot said last week that it expected sales to continue falling in 2014, after reporting a surprise quarterly loss.

Expect more stock charts to soon look like today's Staples chart.

Top Stories: A 'tsunami' of store closings seen hitting retail, Wal-Mart ups the ante on its big bet to go small, Consumers are shopping a new way—What it means

MACRO SITUATIONAL ANALYSIS

Charles Hugh Smith and I laid out the looming domino in the US Retail CRE (Commercial Real Estate) space 5 weeks ago. Even for those retailers unlike Staples, who can maintain sales, the domino is going to be due significantly to advancement of online and robotic technologies. The rapidly advancing ramifications are both startling and alarming.

EXAMPLES THAT ARE UNDERWAY:

    1. Store Replacements: Redbox Model
    2. Instore Kiosks
    3. Applebee's "Waiter Terminator"
    4. Smoothies "Automated Dispensers"
    5. McDonalds's "Smart Restaurant"
    6. The "Brown Truck" Store

AN 'OVER-STORED' AMERICA

The Retail building boom in America has created yet another bubble - The Stealth Retail CRE Bubble.

SHADOW BANK FINANCING

What few are aware is that the Shadow Banking system has 'morphed' since the 2008 financial crisis. Commercial Real Estate financing is presently seriously exposed to a crisis in short term funding disruptions, in a similar fashion to Residential Real Estate prior to the 2008 crisis. We have new instruments that will be the the new acronyms of the next financial crisis.

WE WARNED IN NOVEMBER

Charles Hugh Smith and I additionally warned in November with: The Looming US Retail Implosion.

We said:

There is a looming US Retail implosion on the horizon and a complete re-think of the foundation of a 70% US Consumption Economy is urgently required. For thirty years analysts have predicted the demise of the US consumer. They were so consistently wrong that the mantra "Don't Bet Against the US Consumer" became a staple of investor wisdom, similar in reliability to "Don't Fight the Fed!".

The US Consumer as the engine of global growth has powering global credit creation and expansion as a result of the corresponding growth in US deficits . Now at 70% of the US economy, as compared to 50-55% for other developed economies and less than 35% for emerging economies, the question is no longer a matter of is it sustainable, but rather what will be the fallout now the inevitable has finally arrived?

It is clear the US consumer is tapped out as a result of the US middle class being 'gutted' with job lose, low salaries, exploding healthcare & educations costs and pensions now an endangered species.

However, our Monetary, Fiscal and Public Policies are only making matters worse as it creates inequality and a society of "Haves & Have Nots!". The America Dream is not longer a reality nor possibility for 2/3 of Americans saddled with Student Loan and Healthcare debts.

CONCLUSIONS

Its Coming - Consider Yourself Warned,

Again!

For more detail signup for your FREE copy of the GordonTLong.com 2014 THESIS PAPER

Signup for notification of the next MACRO INSIGHTS

Request your FREE TWO MONTH TRIAL subscription of the

Global Macro Tipping Points (GMTP) Report at GordonTLong.com

No Obligations. No Credit Card.

Gordon T Long
Publisher & Editor
general@GordonTLong.com

Gordon T Long is not a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. Of course, he recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and barring that you are encouraged to confirm the facts on your own before making important investment commitments.

© Copyright 2013 Gordon T Long. The information herein was obtained from sources which Mr. Long believes reliable, but he does not guarantee its accuracy. None of the information, advertisements, website links, or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. Please note that Mr. Long may already have invested or may from time to time invest in securities that are recommended or otherwise covered on this website. Mr. Long does not intend to disclose the extent of any current holdings or future transactions with respect to any particular security. You should consider this possibility before investing in any security based upon statements and information contained in any report, post, comment or suggestions you receive from him.


| Digg This Article
 -- Published: Friday, 7 March 2014 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.