Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Intermediate Accounting, Managerial Accounting, Video Updates.

According to CNN, America’s long-standing love affair with shopping at malls and department stores may be nearing an end.

Questions:
1. Compare the drop in jobs at shopping mall retail stores Between 2001 and 2016 and those jobs at coal mines. What does this say?
2. What are the demographics of workers at shopping mall stores?
3. How does the number of store closings that have been announced so far this year compare with 2016?
4. What well-established companies did the article mention, who are either looking for a buyer or considering the move to go out of business?

Source:
Isidore, C. (2017) Department stores have lost more jobs than coal mines. CNN, May 12 (Retrievable online at http://money.cnn.com/2017/05/12/news/companies/retailers-dying/index.html?iid=SF_LN)

Leave a Reply

Your email address will not be published. Required fields are marked *