Finally, the holidays are over and I am now seeing the effects from the recession in North Centreal West Virginia. I heard on the news this morning that Goody's Clothing Stores are closing all of their stores. Goody's has a store in the center of NewPointe Shopping Center in Clarksburg. I went their this evening and saw a hand full of people shopping there.
I was also at Meadowbrook Mall this evening. I walked the mall. Steve & Barry's closed several months ago and I foresaw its closing due to the fact that I felt they were expanding too much and moving away from its core market which was affordable clothing like T-shirts. They had signed athletes and actors to promote the company.
I walked further down the hall at the mall and saw Coach House Gifts had closed and moved into the Hallmark Store across from its location. Next to Coach House's former location, B. Moss Clothing had closed prior to the Christmas holiday. There are also some seasonal stores like the calendar store and craft type of stores that are winding down after the holidays.
I also got to thinking about the auto industry in the our area. The local Honda dealership has a lot full of cars. I don't know if they are really selling anything, I know I got a vehicle there in November. I went to a Chrysler-Dodge-Jeep dealership last weekend and its lot was packed as well. I just shudder at the thought of what would happen if one an entire auto company would just vanish! Chrysler has suspended production for the month of Janaury with no guarantee that it will resume in February even with a government bailout.
We'll just have to see what happens and pray for individuals and their families on the safety of keeping their jobs.