“we’re too busy, we can’t keep up”: U.S. retail/banking/service sector collapse, May 2018

Incomplete list of U.S. retail/banking/service sector job loss WARNings and store shutdowns made or announced in May 2018:

WARN=Worker Adjustment & Retraining Notification

It’s been revealed that Deutschland (Germany) based Deutsche Bank killed 4-hundred U.S. jobs in April, and now wants to kill another 10-thousand jobs world wide!

ALABAMA: In Homewood after 32 years of selling clothing, White Flowers shutdown due to crashing sales over the past two years.

ARKANSAS: In Bella Vista the only movie theater, Sugar Creek 10 Cinema, suddenly shutdown.  Local news media say exalted city leaders were shocked because they truly believed their local economy was booming.

 CALIFORNIA: UnAmerican Bank of America eliminating 575 jobs in Pasadena in 2019, due to the Too Big to Jail bank not wanting to renew the lease on the property! Home Point Financial Corporation issued a shutdown WARN for its Forest Lake location, 83 jobs gone in July.  Bank of the West eliminating 35 jobs in San Ramon, by the end of June.  Too Big to Jail Wells Fargo issued a shutdown WARN for its Rancho Cucamonga car loan office, 58 jobs gone as part of plans to move vehicle loan operations out of The (not so) Golden State.  In Burbank, after 51 years Book Castle-Movie World shutdown so fast the owner was literally giving away his inventory.  The Toys R Us store in Los Angeles shutdown without warning, 72 jobs gone.  State unemployment administrators noted that the WARN sent by Toys R Us was written back in March, but state officials didn’t get it until a week after the shutdown took place!  British empire Canada based RA Centre issued a shutdown WARN for its ops in San Francisco, 140 jobs gone by the end of July!  Jasari Investments-Manteca Bowl issued a shutdown WARN, 69 jobs gone in July.   Irvine Property Management eliminating 55 jobs in Irvine, by July.   Spartan Shops eliminating 881 student jobs due to losing a contract with San Jose State University, university admin swore to students their jobs are not in jeopardy and even swore their hours and pay will remain the same, students called bull-shit on that promise!   California’s Saban Brands sold to Rhode Island based toy maker Hasbro and is now eliminating 70 jobs.  WWF Operating Company finally notified state unemployment admin that it killed 72 California jobs back in March.

COLORADO: In Pueblo, Rebound Sports shutdown after six years of selling second hand sports equipment, due to a sudden crash in sales.

CONNECTICUT: In New Milford, Kathy Henkel Fitness shutdown, the owner will continue teaching fitness classes at a competing fitness center.  “Supply Chain People Solutions” company Eclipse Advantage eliminating 51 Dayville jobs in July.

FLORIDA: In Orlando, Colonial Lanes shutdown after 59 years due to being sold to a property developer.  ‘Live game’ venue EXIT Tallahassee suddenly shutdown due to being kicked out by the landlord.  ABM/GCA Vehicle Services eliminating 86 Hollywood
International Airport jobs in July.   British empire United Kingdom based airport services contractor Menzies Aviation eliminating 123 Tampa International Airport jobs by the end of June!

IDAHO:  Non-profit Idaho Youth Ranch continues to kill jobs, this time five thrift stores in Blackfoot, Boise, Buhl, Emmett and Twin Falls suddenly shutdown because sales weren’t enough to pay the rent, utilities, transportation and labor!

ILLINOIS: Consulting company CVR issued a mass layoff WARN, 220 Chicago metro-sexual jobs gone by Xmas, due to loss of contract!  Too Big to Jail First Midwest Bank shutting down 19 offices, 150 jobs gone between now and Xmas!  The demise of Carson’s stores in the Chicago metro-sexual area will cost at least 8-hundred jobs! In Collinsville, after 83 years (surviving The Great Depression and numerous recessions) Home Furniture shutting down by Xmas, due to years of dealing with weather related property damage and declining sales: “We’ve been losing money for a number of years. The last 10 years have been tough.”-Ronnie Y. Fredman

INDIANA: In Seymore, after 124 years (surviving The Great Depression and numerous recessions, and even a building fire) Union Hardware shutdown because the owner took declining sales as a sign to retire.

IOWA: In Sioux City, after 11 years Salem Cycle Solutions shutting down when the inventory is gone, the owners say they’re tired of spending nights and weekends helping customers with bike problems, and they just lost their in-house mechanic: “We’re busier than we’ve every been, but we’re too busy, we can’t keep up, we want to but there’s a fine line there.”-Nick Salmen

KANSAS: Taxpayer subsidized passenger train Amtrak suddenly shutdown its ticket offices in Topeka and Garden City, outsourcing the sale of tickets to a contracted online company.

LOUISIANA: Fads and Frames shutting down its 25 years old Pineville store when the inventory is gone.

MASSACHUSETTS: Mitt Romney co-founded Framingham based, but now privately owned, Staples suddenly killed yet more corporate level jobs, 175 InfoTech employees now jobless, bringing this years corporate layoff tally to at least 2-hundred!  After 65 years Balich 5 & 10 shutting down, the second generation owner explaining “What hastened my decision was the fact that business has been slowing down to the point where it was hard to pay all my bills.”

MICHIGAN: What housing market recovery?  Illinois based MB Financial Bank eliminating 594 Michigan jobs due to the shutdown of mortgage operations in the state!  After more than 50 years House of Bedrooms shutting down two locations as soon as the inventory is gone.  In Battle Creek, after 29 years popular Images Formal Wear shutting down in July, so the tired owner can retire.  Also in Battle Creek, music/movie store FYE shutting down its Lakeview Square Mall location in July, saying “With the decline in sales, the store was no longer profitable.”  

MINNESOTA: Washington based Savers shutting down two for-profit thrift stores in the ‘Twin-Cities’ area, 146 jobs gone between July and October!   In Saint Cloud, Too Big to Jail Capital One announced plans to layoff Tech Engineering employees, local news media reported that since November 2017 Capital One has laid off more than 130 people in Saint Cloud! Also in Saint Cloud, California based clothier GAP shutting down its factory outlet store by the end of July, due to lack of sales.   In Detroit Lakes, after 112 years (surviving The Great Depression and numerous recessions) Norby’s Department Store shutting down when the massive inventory is gone, the family owners said that even though they have their own website (www.norbysonline.com) they still can’t compete with Amazon, another reason is that many product manufactures also sell directly to the public on the internet.   Best Buy shutdown its 10 years old Mall of America brick-n-mortar store.

MISSISSIPPI: Saks Fifth Avenue eliminating an undisclosed number of jobs at its Jackson service center, due to consolidation of work.

MISSOURI:  In Cape Girardeau, after 20 years Somewhere in Time Antiques shutdown.   In Dexter, the almost 90 years old (surviving The Great Depression and numerous recessions) Ben Franklin store shutting down when the inventory is gone.

MONTANA: In Missoula, after 23 years the last video store in the city, Crazy Mike’s,  shutdown not because of sales, but because the greedy landlord kicked them out.

NEW JERSEY: Apple shutdown one of its brick-n-mortar stores in Atlantic City, 52 jobs gone “Due to a sharp decline in tourism and visitors to the area…”   Online clothing seller Tahari ASL eliminating 101 jobs in Millburn, in July!  Online clothing seller Tory Burch eliminating 64 jobs in Jamesburg, in July.  The Hallmark gift store shutting down its Hampton Plaza location by the end of June, due to lack of sales.

NEW MEXICO: In Albuquerque, after 27 years Shoes on a Shoestring shutting down due to not being able to renew the lease.

NEW YORK: Fashion ‘start-up’ Le Tote eliminated 50 jobs between its NYC and California offices, because the online clothing ‘rental’ company became “too bloated”.  In Buffalo, after 17 years Spoiled Rotten Gift Boutique shutting down when the inventory is gone, because the owners realized they can make more money renting-out their property.  Premier Aviation Overhaul Center shutting down its ops in Rome, 127 jobs gone in August!  Triangle Aviation Services halting ops at Terminal 8 in John F. Kennedy Airport, 85 jobs gone due to loss of contract.  Also at JFK, Airline Service Professionals eliminating 236 jobs due to loss of contract with Jet Blue!   Sterling National Bank shutting down its Forest Hills Financial Center, and offices in Patchogue and Franklin Square, between August and Xmas, due to the take-over of competitor Astoria Bank.  Japan based Citizen Watch shutting down operations in NYC, 148 jobs affected by the end of June!

NORTH DAKOTA: In Grand Forks, Texas based Pier 1 Imports shutting down in July, apparently due to lack of sales.  In Bismarck, after eight years Branded Envy shutdown so the owner can spend more time with her family.

OHIO: Taxpayer subsidized passenger train Amtrak shutting down its Union Terminal (Cincinnati Museum Center at Union Terminal) ticket office in June, outsourcing the sale of tickets to a contracted “caretaker”.  After 112 years (surviving The Great Depression and numerous recessions) Goldsteins Furniture shutting down three locations, the CEO blamed competition, the soon-to-be former Goldsteins locations will be taken over by a competitor.  What housing market recovery?  UnAmerican Too Big to Jail U.S. Bank shutting down mortgage ops in Bedford, 260 jobs gone in July!   Discovery Tours now bankrupt busted amid criminal investigation into the sudden cancellation of $100-thousand USD worth of taxpayer funded (paid in advance) school field trips.

PENNSYLVANIA: In Hellertown, after 54 years Hero Electric shutting down when the inventory is gone, so the owner can retire, because “Over the past few years, the business has mostly been repairs and service, and now the repairs are dying down, too.”  In Pittsburgh, after almost 70 years Murray Avenue News and Toys shutdown, the owner lamenting “The avenue isn’t the same. We don’t have the foot traffic we used to have. Mornings used to be so busy.” 

SOUTH DAKOTA: After 40 years Sioux Falls Music shutdown due to a crash in the number of people buying guitars, the ignorant owners blamed internet competition (ignorant because even Tennessee based guitar maker Gibson is bankrupt busted because of an across-the-board crash in global guitar sales). In Rapid City, after eight years Who’s Game House shutdown: “When you get too much competition, it puts a strain on all of those businesses they’re all fighting for the same dollars and so everybody kind of suffers but our biggest competitor honestly is mail order.”-Clancy Kingsbury, owner

TENNESSEE: First Tennessee Bank eliminating 58 jobs due to merging with competitor Capital Bank Financial.

TEXAS: “But wait, there’s more!” Cheap-ass As Seen on TV invention seller Ronco is now chapter 11 bankrupt busted due to a failed attempt to raise $30-million USD.

UTAH: Utah led the nation in housing growth, but would-be buyers are feeling the price pinch

In Providence, Edward’s Furniture shutting down because the building has been sold, the store owner said he might open a new store if the rent is cheap enough.

VERMONT:  What construction industry recovery?  After 1-hundred years (surviving The Great Depression and numerous recessions) Parker & Stearns building supplier shutdown both its locations due to a failed attempt to sell the business.

VIRGINIA: What construction industry recovery? After 1-hundred years (surviving The Great Depression and numerous recessions) Boston Lumber Company suddenly shutdown due to failed attempts to sell the building supply store.  In Lynchburg, after two years the Patriotic Peacock shutdown, but the owner claims they were making money, the shutdown is because her family is moving to Arizona. For the second time since last November a Victory Lady Fitness center shutting down, this time a 30 years old op in Richmond, the administrators blame the greedy landlord: “Victory Lady’s lease is due for renewal and the rent renewal has become very expensive. The growth on West Broad Street has made it difficult to find affordable rent…”– Wendy Campbell, President of Victory Lady

WASHINGTON: British empire United Kingdom based airport services contractor Menzies Aviation issued a layoff WARN, 63 SeaTac jobs gone by July.

WISCONSIN: In Pleasant Prairie, marketing company M.G. Design Associates shutdown, 46 jobs gone due to lack of money, however, local news media report that the shutdown has resulted in a federal lawsuit by former employees who say the company has also affected 150 other jobs in California, Florida (51 jobs suddenly gone) and Nevada, and violated federal WARN rules!

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, April 2018: “A RETAIL COLLAPSE LIKE…THE GREAT DEPRESSION.”

SEARS KMART DEATH SPIRAL, May 2018:“ACCELERATED THE CLOSING OF UNPROFITABLE STORES”

U.S. INDUSTRIAL/MINING/LOGISTICS LAYOFFS, May 2018:“PEOPLE ARE STARTING TO DECOMPRESS.”

Dumbing Down the U.S.A., May 2018:“MORALE HAS NEVER BEEN LOWER.”

U.S. HI-TECH/COMMUNICATIONS BREAKDOWN, May 2018:“TO ACHIEVE PROFITABILITY.”

U.S. government shenanigans, May 2018:‘ZOMBIE ALERT’ IS FOR REAL

U.S. food crisis, May 2018: “THANK YOU FOR THE SUPPORT”

ObamaCare ACA death spiral, May 2018:“…WILL CREATE DEATHS. THIS WILL KILL PEOPLE. PEOPLE WILL DIE BECAUSE OF THIS.”

DRUGS, THE AMERICAN WAY, May 2018: “BAG IT, SHIP IT, FORGET IT!”