[Vision2020] Macy's closing

[Kenneth Marcy]

On 1/6/2016 6:36 PM, Shawn Clabough wrote:
>
> Saw on the Spokane news that the downtown Spokane Macy’s was closing, 
> then found this
>
> http://www.usatoday.com/story/money/2016/01/06/macys-announces-layoffs-restructuring-after-disappointing-2015/78373358/
>

That's not particularly good news for rural Northwesterners. Whether 
this turns out to be a major transition, or just a change of anchor 
tenants, remains to be seen, but it's not something to ignore.

When did David's department store close in downtown Moscow?  When did 
the Palouse Mall open?  When did Macy's move into that location?

This is not the village of Moscow, population 2,500, losing its only 
family clothing clothing store, and generating permanent economic 
ripples throughout the community, but it's not insignificant either.  
There is no need to press a panic button.  Nonetheless, caveat.

Car dealerships disappearing a few years ago, now larger box stores 
(Office Depot, Macy's); University enrollment slipping;  Moscow needs to 
consider some new non-retail economic development to bring sales 
revenues into the area in exchange for products shipped out to customers.

Thales, the first philosopher, figured out how to make some money within 
his locality.  So can his successor contemporaries here.


Ken

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