Arts cable channel, Ovation, began laying off employees in California. So far 25 people have lost their jobs, but company officials say this is the beginning of layoffs that will affect other employees in Illinois and New York. Time Warner dropped Ovation from its cable lineup at the end of 2012.
Another California based company, Wet Seal, a junior sized women’s clothing company, eliminated 35 positions. Most of those are at their Foothills Ranch HQ, including the position of chief operating officer (COO). Sales are down, and last year the fired their CEO!
No more scrapbooking in California? Our Paper Place closed down their Newark location. As of 30 January all fixtures were on sale.
In Oakland, California, the Children’s Hospital & Research Center closed its Cytogenetics Laboratory. They say the amount of work the lab did dropped by 69% in the past two years!
The Dow Jones’ MarketWatch media division laid off at least nine people. It sounds like they are trying to replace older reporters with younger reporters willing to work for less pay.
In southern Idaho, J.R. Simplot shut down its Heyburn potato processing factory. 56 employees affected. The company spent big bucks building a new more efficient potato factory in Caldwell. What’s interesting is that the Heyburn employees say the news was a surprise to them, however I’ve been reading about the planned move since November 2011!!! According to Capital Press, the November 2011 announcement said the new Caldwell factory would be so efficient that J.R. Simplot would shut down three older factories in Idaho (including Heyburn), resulting in 800 Idahoans losing their jobs! (in fact I warned about it in a 10 November 2011 posting)
Two Renton Western Wear stores in Tacoma, and Renton, Washington closed down after 62 years of operations. Returns will be accepted until 15 March. The store’s website gave no reason for the shut down.
The Chocolate Peacock shut down in Omaha, Nebraska. No it’s not a chocolate store, it was a women’s clothing store (like there aren’t enough of them anyway). The owner said she had to choose between her ‘brick & mortar’ store or internet sales.
In Michigan, the city of Detroit abandoning 50 recreational areas! City officials said they don’t have enough money to maintain city parks. 38 other parks will have maintenance services cut in half.
In Geneva, Illinois, the Erday’s men’s clothing store out-o-business, after almost 88 years of operations. The store specialized in ‘dress’ clothes for men, and blames part of their demise on the advent of casual dress days for work. They also blamed competition from national chain stores.
In Watchung, New Jersey, Valley Furniture (aka Pratt Furniture) announced they will end operations once all their inventory is sold. The store first started in 1946. At one time the store stocked only U.S. made furniture, until the U.S. companies that made them went out-o-business. Then the bad economy hit in 2008 and sales crashed, despite everything the family owners did. About 20 employees affected.
After nearly 67 years of business, Hodges Jewel Box in South Boston, Virginia, shut down. The lifetime owner blamed declining sales on the bad economy.