great thread, some thoughts with my normal wordiness, sorry.
Main Street businesses in non touristy towns and cities are either going to be local bodegas or I think they won't make it. Dollar stores will prevail, the lowest common denominator. What I'm curious about is how will these tariffs affect the competitiveness of the dollar stores, and are there
major changes in the wind? I owned a Main Street retail business for five years. And sold my electronic business before Circuit City came to town. Not sure I would have survived. And now where is Circuit City?...
On Amazon in the question area usually one of the first questions is where is the product made.
It's troubling to hear about how Amazon perpetuates a kind of lower menial class, one step above the fast food joints.
Use robots, and use humans only where needed. They probably treat their robots better. But maybe that's just the new
order in shipping and warehousing companies.
Troubling because I think we vote at the ballot box, we vote with our wallet and we vote with our feet.
If you don't like it, move. No whining. If you genuinely can't improve your lot, because some bad person or company
is holding you down, in perhaps inhumane working conditions, then you have a right to squawk and be heard.
There is a reason they call diamonds "blood diamonds". Where things come from can be very bad news.
Places I don't want to support. I'm not a fully green investor but I do have socially responsible investments in part.
And what really drives this all home to me is while I never buy stock, because I've been a Amazon member since 2001,
I had faith in the viability of the company. It really worked well for me, and I figured driving to stores was going to be a
thing of the past until public transportation improved. So I bought a good sized chunk of Amazon stock at $650.
Like hitting the lottery, on a very small scale. Helped me buy two used tractors. Amazon stock is now in the high 1900's meaning
my investment tripled. What is not to like about that?
But I'm wondering if now is the time to sell it all.
I live in rural farmland outside a small Southern city. The one department store in town is a joke. Home Depot left, not enough business in town for more than just Lowes. And Lowes is expensive and the staff is never there to help you. You spend half your time there hunting and searching, often for help, on those hard concrete floors that are really bad news on my arthritis. So...I click with my mouse, or do I walk those concrete floors? The appeal is clear.
The worst blow to our community was the closing of the only Ace Hardware store, run by lovely people for years, who set the absolute highest
standard of retail service. You were met at the door, you were walked to the aisle and had your choices pointed to you, you were greeted with a smile and you left hearing a thank you. I was impressed by these folks, and saddened when they finally retired, and no one would buy their business, which was almost being given away. No one wanted to start a new hardware store. Why? Could it be Amazon?
Amazon is a business success story. But ends don't always justify means. We have to be careful with the way these companies conduct themselves. Because we can vote with our wallet and our feet.
I never trusted Ebay, always seemed like the wild west, Amazon seemed a safer place to shop.
But now there are lots of exclusions and take backs, things they used to guarantee and support
are no longer and bum merchants get in there. I try to look for the ones marked standard Prime.
And yesterday a box showed up, from Walmart of all places, for some Scott industrial paper towels I ordered,
from Amazon. Walmart is distributing through Amazon.
What a world.
Googling the product will often find other alternative sites. But not like Google doesn't have its issues too...