Does Spreading The Retail Gloom Help Us or Hurt Us?
I have very mixed feelings about an email I received from a friend early this evening.
On one hand, I appreciate the warning. I appreciate the sentiment about celebrating the holidays with family and friends, not bling and things.
But the business person in me can’t help but think that these email blasts only spread the gloom-and-doom that’s already keeping us out of the stores. Yes, we absolutely should slip the Visa cards into a drawer and head toward the mall bearing cash — a new study says 22.8% of us plan to, up from last year — or use our debit cards, like 41.5% plan to do. A return (even if possible) to the bloated excess of the boom-boom years doesn’t work either. But some of us believe firmly that innovation and new opportunities can emerge even in these highly unsettling times. These gloom and doom emails are a viral megaphone that threaten to to drown out our never-say-die American spirit.
Interestingly, the mood on the newer Social Media is much perkier. Tweeters tend to get het-up and pesky but try to share positives; bloggers get mad but share link love; Facebookers are tribal, joining groups, events, causes and status-donations. MySpacers are busy pitching their music while Ning’ers are simply passionate about their own thing. New Social Media is very different than the traditional old media world of email. Socialyzers are in-the-know junkies, wanting to be au courante 24/7. We feel our power (check my post on MotrinGate) and wield it deftly and swiftly. We’re passionately participating in this participatory media — not merely passing iffy information along as in the days of legendary email from Bill Gates, NPR, Disney, etc. If nothing else, Socialyzers want to believe we are in control; that crowdsourcing matters. After all, didn’t we just elect a new President? Traditional emailers are simply passing along the gloom-and-doom with scant hope of effecting change.
Hope and heart live on Social Media sites. Even in 140 characters life is bubbling up.
Here’s the email:
Wow, interesting times. I love gift cards but…maybe not this year.
Personally, it’s a good year to celebrate our family and friends.
HAPPY HOLIDAYS!!
XXOO ~ Stores that informed the Security Exchange of closing plans between October 2008 and January 2009. PLEASE PASS THIS ON TO ALL YOUR FAMILY AND FRIENDS.
Circuit City stores… most recent (? how many)
Ann Taylor- 117 stores nationwide are to be shuttered
Lane Bryant,, Fashion Bug ,and Catherine’s to close 150 store
nationwide
Eddie Bauer to close stores 27 stores and more after January
Cache will close all stores
Talbots closing down all stores
J. Jill closing all stores
GAP closing 85 stores
Footlocker closing 140 stores more to close after January
Wickes Furniture closing down
Levitz closing down remaining stores
Bombay closing remaining stores
Zales closing down 82 stores and 105 after January.
Whitehall closing all stores
Piercing Pagoda closing all stores
Disney closing 98 stores and will close more after January.
Home Depot closing 15 stores 1 in NJ ( New Brunswick )
Guru’s Correction: I am thrilled to correct this — as Home Depot is one of my hang-outs. I’ve heard from them and this is very old news dating back to May.
Macys to close 9 stores after January
Linens and Things closing all stores
Movie Galley Closing all stores
Pacific Sunware closing stores
Pep Boys Closing 33 stores
Sprint/ Nextel closing 133 stores
JC Penney closing a number of stores after January
Ethan Allen closing down 12 stores.
Wilson Leather closing down all stores
Sharper Image closing down all stores
K B Toys closing 356 stores
Loews to close down some stores
Dillard’s to close some stores.
Guru’s Note: I have not verified this information. It’s too depressing. I’d rather hang out at the Apple Store with the Nano Chromatix and drool over the juicy colors.
Here’s the update on store closings from Snopes.com.



