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Detailed text transcripts for TV channel - MSNBC - 20170603:16:46:00

the headlines scream retail apocalypse. we expect more pain ahead for retail. it s not as if we didn t talk about the decline of the mall. investors waking up to a retail wreck. retail is dead makes for a great dramatic headline. it does. is it true? i don t think it s dead. retailers really need to think outside the box on how they want to appeal to consumers to get them back into the malls so they ll buy. what s driving them away? you guessed it, the e-commerce boom. do i not need to have the mall experience where i m going through racks of clothes in the 50% off area? i think the discounts that online is offering outbeat the store and so consumers aren t shopping at the mall anymore. the ripple effect of a single anchor store closing can be devastating. when this macy s shut down in new jersey, 107 people were laid off. and while job creation is clearly a priority for president trump we are going to bring back your coal industry and your steel industry.

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