Incomplete list of U.S. retail/banking/service sector job loss WARNings and store shutdowns made or announced in June 2018:
WARN=Worker Adjustment & Retraining Notification
Switzerland based Too Big to Jail UBS suddenly laid off hundreds of bank asset management employees around the world, including in the United States (mainly in NYC)!
ALABAMA: In Tuscaloosa, after at least 91 years (surviving The Great Depression and numerous recessions) Union Furniture shutdown, the family owners blame ‘big box’ and online competition: “It’s just the result of a bad retail environment. The last 10 years haven’t been good, and it’s been a really, really tough five years.”-Aaron Christian Junior
CALIFORNIA: Finance of America killing 43 U.S. jobs in Roseville, shipping many jobs to an office in Philippines, by August. Banc of California suddenly shutdown three offices, 13 jobs gone without warning. Too Big to Jail Wells Fargo issued shutdown WARNs for a San Francisco office, and its Irvine office, 163 jobs gone between August and the end of September! USBank also issued a shutdown WARN for its Irvine office, 60 jobs gone by August. Community Bank eliminating 37 jobs in Pasadena, by August. Conifer Revenue Cycle Solutions issued a shutdown WARN for its Anaheim location, 68 jobs gone by August. JCPenney issued a shutdown WARN for its Buena Park location, 98 jobs gone by August. What automotive industry recovery? Robertson Honda issued a shutdown WARN for its North Hollywood location, 119 jobs gone in July!
COLORADO: real estate scammer sentenced to 20 years in jail
Appeals court supports $1-million USD judgment against crooked foreclosure law firm
In Boulder, Fleet Feet Sports Boulder suddenly shutdown, the owner said in an email that he was not allowed to say why.
CONNECTICUT: Ann Taylor shutting down its store in Glastonbury by August, a local TV station said skyrocketing rent and internet competition are to blame.
GEORGIA: ‘Premier Sports Vacation Destination’ Lake Point Sporting Community now chapter 11 bankrupt busted, despite having ‘state-of-the-art’ entertainment venues and claiming that it has 1-million visitors every year.
ILLINOIS: Taxpayer investment (by City of Peoria) GEM Hospitality-Pere Marquette Hotel now chapter 11 bankrupt busted and for sale, city leaders hope to make money on the bankruptcy auction (they obviously haven’t been paying attention to other bankruptcy auctions). Quality Inn shutting down its Midway Airport motel, 46 jobs gone by September. Walmart issued a shutdown WARN for its store in Clinton, 80 jobs gone by the end of August. Vantiv issued a shutdown WARN for ops in Tinley Park, 64 jobs gone by Halloween. Itasca based Too Big to Jail First Midwest Bank shutting down at least 19 locations across Illinois and Indiana. Honor Finance issued a shutdown WARN for its Evanston location, 70 jobs gone in August. Libertyville True Hardware shutdown after 51 years, the owners blamed ‘big box’ competition. What automotive industry recovery? Clarendon Hills Auto Repair shutdown after 55 successful years, interestingly the owner says his father and uncle wisely ignored the advice of ‘expert’ analysts in choosing the shop’s location (which shows you how much ‘experts’ know). The owner isn’t closing due to lack of work, it’s exactly the opposite: “…I don’t want to work 12 hours a day anymore.”-Scott Bonser
INDIANA: In Anderson, after 63 years Brauchla TV and Appliance shutdown, the owners blamed it on the price of steel and aluminum. In Indianapolis, Game Paradise shutdown, the upset owners said they had just moved into a cheaper location but then sales unexpectedly crashed.
IOWA: French Way Cleaners shutdown all remaining eight stores, after more than a hundred years (surviving The Great Depression and numerous recessions) of operations. In Altoona, Sports Page shutting down in August, the owners blaming competition from ‘big box’ and online. In Waterloo, after 45 years Ridgeway True Value Hardware shutdown. Also in Waterloo (and also after 45 years), god’s own British empire based Salvation Army shutdown its Family Thrift Store. In Fort Dodge, Zales shutdown its jewelry store in Crossroads Mall. In Davenport, Salon Luce suddenly shutdown, 14 jobs gone without warning.
KENTUCKY: In Louisville, after 25 years of plays Alley Theater shutting down in August, due to two years of low ticket sales which the operators describe as “…anemic. That is the best word for the last two years.”
MAINE: In Houlton, after 110 years (surviving The Great Depression and numerous recessions, and the 1992 shutdown of Loring Air Force Base) Dunn Furniture finally shutdown.
MARYLAND: What housing market recovery? Too Big to Jail California based Wells Fargo eliminating 63 mortgage jobs in Frederick, by mid-August.
MASSACHUSETTS: In Arlington, after 64 years Balich 5&10 shutdown, the owner blames his retirement on internet competition, and the city’s gentrification of the area around his store, for causing a crash in sales. In North Andover, after 24 years Kids Karousel toys and clothing store shutdown, the owners saying they had to move-up their retirement plans because “…we definitely weren’t having enough sales to support the business anymore. We were seeing a huge decline.” After seven decades Brown’s of Beverly Bicycles shutdown.
MICHIGAN: In Ann Arbor, The M-Den suddenly shutdown the 103 years old (surviving The Great Depression and numerous recessions) Moe Sport Shops without warning, blaming it on lack of sales (never mind that The M-Den is a competitor that bought-out Moe Sport Shops last year). In Waterford, Airway Lanes shutdown, the property was purchased by the next-door business.
MISSOURI: In Warrensburg, Dean Williamson Furniture-Hursh Furniture shutdown after nearly seven decades.
MONTANA: Ronan Sports & Western shutdown after 61 years, the owners blaming low sales for forcing them to “…try retirement. And see how that works out.” In Great Falls, after 31 years Amazing Toys up for sale so the owner can hopefully retire.
NEW JERSEY: Dying Toys R Us eliminating 184 jobs at its Wayne HQ, by mid-August! Disney Store shutdown its location in Monmouth Mall, blaming low sales on competition. Too Big to Jail JP Morgan Chase eliminating 58 jobs in Jersey City.
NEW YORK: In Williamsville, Leelee’s Clothing shutting down after 20 years. NYC based (but owned by British empire Canada’s Hudson’s Bay Company) Lord & Taylor clothier shutting down ten stores to “allow new leadership to re-think the model”. Online clothing seller Tahari issued a shutdown WARN for its NYC office, 137 jobs gone by the end of August! Too Big to Jail Wells Fargo issued a shutdown WARN for its Pittsford Retail Fulfillment Unit, 48 jobs affected by the end of August. Toys R Us-Babies R Us suddenly shutdown multiple locations, at least 328 jobs gone with only days notice!
NORTH CAROLINA: In Greensboro, after three years PartyChick and Paper shutdown, the owners, who had three successful stores in Texas, saying “…we thought it would do well here, but the opposite has happened. Greensboro is much more online shopping-centric than Dallas.”
NORTH DAKOTA: In Fargo, after 21 years Zimmerman’s Furniture shutdown because the building was sold.
OHIO: Toys R Us-Babies R Us suddenly shutdown stores across the state, 1-thousand-178 jobs gone with only a few days warning! In West Chester, after 86 years HRS Janitorial Service & Supplies shutting down when the inventory is gone, the property has already been sold, it’s blamed on crashing sales. Yet more layoffs in the works at Fifth Third Bank, an undisclosed number of people in Cincinnati soon to be unemployed, even though the Too Big to Jail bank claims to have 561 open positions! Cleveland/Crocker Park based American Greetings announced an undisclosed number of layoffs and early retirements “in an effort to ensure the ongoing success of the company.” Family Video shutting down stores in Dayton and New Carlisle, when the inventory is gone. After 27 years Big Fun toy store, in Cleveland Heights, shutdown, the owner blamed internet competition. In Mansfield, Diamond Street Pawn Shop shutting down so the gun toting owners can retire to Florida. After almost 50 years the Village Bookshop, in Linworth, shutting down so the owners can retire. The f.y.e. music shop in River Valley Mall shutdown. In Austintown, god’s own British empire based Salvation Army shutting down its Family Thrift Store by the end of August.
OREGON: Kah-Nee-Ta Resort issued a shutdown WARN, 146 jobs gone by September!
PENNSYLVANIA: Under Armour (note the evil British empire way of spelling armor) suddenly shutdown its two years old clothing store in Center City, without warning, saying it’s part of the plan to “optimize global operations”. After 25 “really good years” Venture Investments Group suddenly shutdown its Burton’s Total Pet store in Greensburg (the third Burton’s Total Pet store to shutdown since January), blaming ‘big box’ and internet competition for crashing sales. Venture Investments Group-Burton’s Total Pet is also showing signs of going bankrupt. Ranck Plumbing Heating & AC suddenly shutdown operations in Lancaster and Bowmansville.
SOUTH CAROLINA: After 57 years, Bonnie Brae Golf Club shutdown, and possibly for sale, due to lack of participation ever since the 2008 Great Recession. In North Charleston, InterContinental Hotels Group shutting down its 21 years old reservations call center, 630 jobs being killed by third party contractors! Pier 1 shutting down one of its stores due to competition with itself (too many Pier 1 stores within 20 miles of each other)! What housing market recovery? Fort Mill based Movement Mortgage eliminating 1-hundred jobs across the U.S., admitting “…we are growing slower than we expected.” And Too Big to Jail California based Wells Fargo eliminating 1-hundred mortgage jobs in Fort Mills, by mid-August, in order “to better align with current volumes.”
TEXAS: Fort Worth based American Airlines warning of massive layoffs of managers due to its merger with US Airways (which took place five years ago)!
WEST VIRGINIA: In Wheeling, Chris Miller Furniture shutdown so the widow of the store’s namesake can retire. In Huntington, after 60 years Colonial Lanes shutdown and for sale.
WISCONSIN: Too Big to Jail California based Wells Fargo eliminating 46 jobs in Menomonee Falls, by October.
WYOMING: In Evanston, after 40 years Schofield Furniture and Appliance shutdown and for sale, due to family health problems.
Your leaders are lying to you, don’t forget to check out the thousands of layoffs in all these other U.S. industries.
OBAMA LEGACY: U.S. APPAREL INDUSTRY DEATH-SPIRAL
U.S. RETAIL/BANKING/SERVICE SECTOR COLLAPSE, May 2018: “WE’RE TOO BUSY, WE CAN’T KEEP UP”
SEARS KMART DEATH SPIRAL, June 2018:“THEIR YEAR OF DEMISE.”
U.S. INDUSTRIAL/MINING/LOGISTICS LAYOFFS, June 2018:“GLOBAL RACE TO THE BOTTOM.”
Dumbing Down the U.S.A., June 2018:“LOCKDOWN, LOCKDOWN”
U.S. HI-TECH/COMMUNICATIONS BREAKDOWN, June 2018:“REDEPLOYMENT OPPORTUNITIES”
U.S. government shenanigans, June 2018:“THIS ISN’T FOSTER CARE, THIS IS STATE-SPONSORED KIDNAPPING!”
U.S. food crisis, June 2018:“A THOUSAND PAPER CUTS”
ObamaCare ACA death spiral, June 2018:“…WE HAD THE WORST YEAR…EVER…”
DRUGS, THE AMERICAN WAY, June 2018:‘THE DREAM MARKET’