What gets left behind when a major retailer goes out of business and the liquidation sales and auctions are all done?
Answer: a surprising amount, some of which really shouldn't have been.
[h/t +Boing Boing]
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Unfortunately, I can't think of a good solution to this. I guess we should be thankful that the customer data was wiped.
Unless there's something we haven't discovered yet, it appears that the problem was the old-fashioned paper documentation. Someone from headquarters could easily take care of the electronic data, but you have to be onsite to remove the paper files. I guess that was prohibitively difficult when you have a skeleton staff thinking more about their next gig.
Interesting. Having lived through the Sports Authority denouement, I don't think this is normal. Or at least it isn't a given.
All of SAs POS systems were leased and were returned to NCR sans hard drives. The drive platters were drilled out and tossed. All other PC hardware was given the same HDD treatment but then handed to the liquidators to sell, which they did, along with all merchandise, racks, furniture, basically, anything that wasn't a permanent piece of the building. What could and couldn't stay was negotiated between the liquidators and the property owners.
The company rented storage where they jammed paperwork sent back from the stores. They were supposed to send anything sensitive but there was no way to really verify that. The two whole train car sized containers went to shredding eventually.
+Nick McIntosh Good to know that this isn't the norm (or at least isn't universally true).
I suspect a lot of it comes from who's managing the liquidation and how closely they're managing it (and who-all is staffing it). It may very well be this was the only TrU that had paperwork of that sort left behind.
The bankruptcy of SA seemed (from the outside) fairly well organized. TrU seemed to be in a state of collapse even before it all came to an end, meaning the folk responsible for eking out every last dollar of assets might simply have been too few and far between to cover all the hardware and paperwork burdens before the lights were shut off.
I will be interested in what happens to the local one near my dad’s house. It was a purpose built stand alone building built next to another big box market. It could be divided, but, other than the pop up Halloween stores, I’m nit sure what business would want that much space.
I’m hoping it wasn’t so sloppily abandoned.
+Mary Oswell The next most popular thing seems to be to turn all or a portion of such big boxes into fitness centers. Though I have to believe there's a limit to how many of those can be sustained.
+Dave Hill The abandoned Melvyn’s, whose parking lot abuts the former Toys r Us ‘ parking lot, is a Chuze fitness, but in general I concur.
Our former Safeway became a fitness center. Which is great, but our former Sports Authority is now a Hobby Lobby, leaving a big empty box where the Hobby Lobby used to be.
Best conversion I ever saw was with Cinderella Center, a big shopping mall in Englewood that died the sort of death that so many Gen 1 indoor shopping malls did. So the city took over the land, tore down everything except for the big department store on one end, converted that into their new City Hall / city admin building, and developed the rest into new retail.
+Dave Hill So when the King Soopers on the east side of Sheridan built a whole new store on the west side of Sheridan (maybe 15 years ago according to +Stan Pedzick ) their old space became Hobby Lobby. That hobby lobby moved to a space off i25 at 144th, and now their old space is a Chuze fitness. The old Westminster mall is being redeveloped into a town center, which Westminster lacks. We’ll see if that is successful.
On a related note, went to the San Diego Rep last night, located in Horton Plaza, which is now being redeveloped as a shared workspace, business and even a school. People have changed the way they shop, so the mall is done. Hard since 30 years is completely with in my adult lifetime.
The mall still exists — Park Meadows is going strong, for example. But it seems mostly as a unique destination, not as "every neighborhood needs one." When Southglenn was redeveloped, it went from a traditional interior mall to the (literal) "Streets of Southglenn," a large retail complex focused on the small streets / parks between them, with housing up above most of the retail. There's still mass parking around the exterior, but it's now must more of a retail district than a giant shopping building.