Coronavirus Corporate Deathwatch

Viewing 14 posts - 1 through 14 (of 14 total)
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  • #45432
    Vitalogy
    Participant

    Powell’s will be one of the first to go under. Many more to come. Sad!

    #45442
    Andy Brown
    Participant

    Powell’s is already calling back workers to deal with the huge uptick in on line orders. I doubt it will be them.

    #45444
    edselehr
    Participant

    This is important: When you can, how you can, BUY LOCAL. Amazon doesn’t need you money right now, but businesses such as Powell’s do.

    #45450
    Steve Naganuma
    Participant

    “The Hardest Hit Companies of the COVID-19 Downturn: The ‘BEACH’ Stocks”

    The Hardest Hit Companies of the COVID-19 Downturn: The ‘BEACH’ Stocks

    #45452
    Deane Johnson
    Participant

    That graphic you posted is scary when you look at the many companies that are seriously affected by the virus. A number of these will not survive. Not a pretty picture.

    I can understand why Trump is so gung-ho to get people out and spending again, but the fact of the matter is that if releasing people prematurely happens, the situation will get so much worse than it would with restraint moving forward.

    #45455
    nosignalallnoise
    Participant

    This is important: When you can, how you can, BUY LOCAL. Amazon doesn’t need you money right now, but businesses such as Powell’s do.

    The ironic thing is, for some of us Powell’s is out of state, and buying from Amazon effectively IS the equivalent of local! That’s assuming you’re actually buying FROM Amazon, not from a third-party vendor.

    The material item may be shipping from out of state but if you’re a Washingtonian and you’re buying from Amazon the money is still in Washington’s economy. How much of a Vancouverite’s purchase from Powell’s goes into Washington State’s economy? I’d guess just slightly less than zip.

    I suppose you’ll flame and shame me like you usually do for my being the one to point it out, but that’s your issue, not mine. Deal with it.

    #45456
    Vitalogy
    Participant

    Sorry you live in Vantucky.

    #45457
    edselehr
    Participant

    “…businesses such as Powell’s…”

    I’ll just say that you didn’t fully read my post. Never said you had to buy at Powell’s; just buy local (whatever local is for you) however you can.

    #45458
    missing_kskd
    Participant

    Powells sells a ton of books through everyone.

    I doubt they are in trouble. Could shutter the store, and may, and sell from the huge stock they have.

    #45459
    missing_kskd
    Participant

    Yeah, we are doing local. Same basic reasons.

    I, frankly, rarely use Amazon. Usually, I just don’t need it, and if I do, I get used, or fix it, whatever.

    #45460
    Vitalogy
    Participant
    #45471
    missing_kskd
    Participant

    Good, I hope they make it through. I love Powells, and it’s known world wide.

    Best book buying experience there is.

    I wish I had gone a few weeks back when I wanted to. Will be a while now.

    #45495
    Andy Brown
    Participant
    #45496
    Vitalogy
    Participant

    Good for them. Problem is this will be a longer term struggle. I don’t see a path forward for any business that can’t endure a short term disruption.

Viewing 14 posts - 1 through 14 (of 14 total)
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