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People are done with Materialism and consumerism this does contribute to the down fall of retail , but online shopping is the maim reason. Amazon alone has contributed to this demise
The cost of living has impacted every Generation. Most people are totally over the old way of living and are giving up materialism and consumerism almost “forced minimalism ” . There is no more middle Class Every thing has been gentrified from housing , cars People not being able to find a decent paying job and the cost to live is getting way out of hand . Gen Z and Millennials No Long Want to work towards nothing.
Red Leather Podcast
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Time codes
0:00 – Intro Macys , wallgreens , party city , 1000’s closing down
2:57 – the Mall is a ghost town
5:56 – Amazon has a monopoly
8:21 – Funny Hate comment
11:05 – People are done with consumerism , online shopping is dangerous
13:15 – Ross shop for less
14:28 – The rise of live shopping , tik tok shop , Gary Vee
17:48 – Walmart , Target and Sears
#genz #millennials #boomers #consumer #material #economy #inflation #costofliving #hyperinflation #genx #jobs #jobmarket #layoffs #college #genz #studentloans #debt #comdey #cars #carpayments #housingmarket #rent #burnout #recession #finance #moderndating #ebay #independent Hyperinflation #middleclass #middleclassfamily #millennials #boomers #9to5 #vanlife #minimalist
