Category Archives: Business/Economics

Business/Economics

“We’re not in their long-term plans”: Sears Kmart death spiral, May 2019

More sacrificial shenanigans involving Sears-Kmart, raping starving taxpayers to feed the greedy property developers.

WJLA: Is Lowe’s honoring Sears’ Craftsman Lifetime Warranty?

Bloomberg: Sears Retirees Fight Life Insurance Termination as Heirs get Zip

Transport Topics: Lampert’s newly created Transform Holdco sues bankrupt Sears for $130-million+!

Fortune: Lampert reneges on promise to provide severance to laid-off employees

Seven Decades of Self-Destruction

Roll Call: Leftist liberal politicians all up in the U.S. Treasury secretary’s business over Sears bankruptcy

Reuters: Kmart, and others, accused of copying UGG boot design

KBUL: Woman defrauds Kmart and Taxpayers of nearly $220,000, using SNAP

Law360: Sears Estate Looks To Avoid $194M Canadian Court Fight

Wall Street Journal:Sears Fights With Foreign Suppliers 

CNBC: Sears wanted its new logo to make people think of home and heart, instead some are thinking about Airbnb

Chicago Tribune: Lands’ End severing its links with Sears: “We’re not in their long-term plans, and they’re not in ours”

ALABAMA: The taxpayers of Albertville forced to buy the vacant Kmart building almost a year ago, and still no one knows what it’s going to become.

CALIFORNIA:  Once in a hundred years redevelopment opportunity of massive vacant Sears property in Santa Barbara being held-up by multiple property owners and the city council.

CONNECTICUT: police arrested two men in “Sears Scam”

FLORIDA: Sears warehouse in North Jacksonville now available for lease.  Sears Holdings sold it in 2018, but only recently vacated.

Taxpayers of Flagler County just spent $1.1-millionUSD buying a vacant Sears, and now they’re going to have to pay even more to clean up the damage found inside!

Judge rules in favor of Neptune Beach residents, who are opposed to plan for redevelopment of the vacant Kmart.  

Woman regrets buying ‘squirrel-y’ clothes dryer from Sears Hometown: “It sounds just like a hamster wheel and it is driving me mad!  How many times do I have to call for them to come fix my machine?”

A controversial redevelopment plan for a vacant Kmart (which taxpaying residents of Neptune Beach are against) has been approved. 

GEORGIA: Specific taxpayers in the city of Rome about to be hit with extra taxes (tax allocation district) to pay for the redevelopment of the vacant Kmart property.

ILLINOIS: Home Depot (and other big box stores) accused of conspiracy to avoid paying ‘retailers’ occupation tax’ on Sears Branded home appliances, by treating the direct sale and installation of Sears branded appliances as a contracted job!

IOWA: The Sears Hometown in Clinton is shutting down in June, because the owner is moving the retail operation to a different city.

KANSAS: The Lexena Sears Outlet is now a children’s play park. Back in February local news media were leaked shutdown info, but the Sears Outlet staff swore they knew nothing about any shutdown.

MASSACHUSETTS: Eddie Lampert spent at least $11-million USD buying  property which holds two active Kmarts, an active Sears Outlet, and a vacant Sears store and Auto Center.

NEW YORK: Even though Eddie Lampert claims he doesn’t have money to pay laid-off employees severance, it was revealed that Lampert’s newly created Transform Saleco (aka Transform Holdco) bought the ShoppingTown Mall Sears store for $3.9-million. 

All is not well in Wellsville, or in Allegany County, the economic situation is so bad that a coalition of christian organizations holding a prayer service in the recently shutdown Wellsville Kmart. 

Taxpayers in Suffolk County dodged a bullet when the owner of the vacant Kmart property rejected the county’s $1.8-million offer (reports claim taxpayers want to use the property as baseball parks).  Apparently county and state governments have been trying to buy the property since 2017.

OKLAHOMA: The Enid Sears Hometown store shutting down as soon as the inventory is gone.

The Enid store manager says it’s bullshit: “I’ve only been manager here for a couple months, and they’ve already laid me off…. …We’re a premier store. I actually won an award in April for sales, and then they told us they were closing. This store was doing great.”-Jeremiah Alcorn

PENNSYLVANIA: Sears Appliance & Hardware in Lower Nazareth Township shutting down in mid-June, local news media report that it is one of only 11 such stores remaining in the U.S.

TENNESSEE: Taxpayers could soon to be the happy new tenants of the vacated Oakdale Mall Sears, if a resolution is approved turning the former retail space into the new HQ for the Broome County Department of Social Services.

VIRGINIA: Washington County taxpayers could be forced to become the new owners of a vacant Kmart, spending at least $25-million to turn it into a new county court house.

The vacant Sears Tire America sold to the owners of Regency Square mall for $2.1-million, much more than the county’s assessed value of $1.8-million.

WASHINGTON: Surprise!  After months of claiming the store wasn’t shutting down, the Walla Walla Kmart is shutting down, in July.

WISCONSIN: Happy taxpayers being forced to ‘loan’ a property developer $4-million to turn a vacant Sears building into a ’boutique’ hotel. The $4-million “investment” is just part of a larger iceberg of covert-debt (loans appear as assets on the books, but you’re screwed if the debtor goes bankrupt) the exalted leaders of Milwaukee have hit local taxpayers with.

The partially taxpayer funded redevelopment of the vacant Stevens Point Kmart just got more expensive.

Sears Kmart death spiral, April 2019: ‘Spooked’

Business/Economics

“You don’t really make a lot of money”: U.S. banking/service sector/retail apocalypse, November 2018

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

Ireland based helicopter rental company (whose main clients are oil companies, and is directly connected with George Soros), Waypoint Leasing Holdings, is now bankrupt busted in the United States

WARN=Worker Adjustment & Retraining Notification

ARIZONA: Bed Bath & Beyond closing in Bullhead City

Tucson clothier shutting down its last store after 61 years

Easley’s Fun Shop closing after 71 years of fun

CALIFORNIA:  Lowe’s issued shutdown WARNs for three stores, more than 4-hundred jobs in Irvine, San Jose and South San Francisco gone by January 2019!  Bank of the West issued a layoff WARN, 50 people in San Ramon jobless by the end of the year.  Property management company Associa-Professional Community issued a layoff WARN for its ops in Banning, 99 jobs gone in January 2019.  Nationstar Mortgage-Mr. Cooper Home Loans issued a mass-layoff WARN, 109 people in Santa Ana jobless in January 2019!  Entertainment lighting supplier Production Resource Group issued a mass-layoff WARN, 339 people in Glendale unemployed in January 2019!  ‘Site manager’ Randstad Inhouse Services issued a mass-layoff WARN, 170 people in San Jose jobless in January 2019!  The Murrieta YMCA issued a shutdown WARN, 49 jobs gone by the end of January 2019.

Leucadia Cyclery closing doors after three decades

San Francisco based clothing chain-store Gymboree warning that it could shutdown half of its 9-hundred stores!

San Francisco based Too Big to Jail Wells Fargo announced 1-thousand additional layoffs!

San Francisco based clothing chain store GAP published yet another list of store shutdowns

San Francisco based Crowdfunding startup RealtyShares to cease investing, faces mass layoffs

San Francisco music venue Mezzanine shutting down because of the evil corporate property owners: “…the owners of the building didn’t give me an opportunity to renegotiate a new lease….  …Mezzanine, like so many other cultural institutions, has fallen victim to corporate greed and commercial development.”

Who said there was an automotive industry recover?  Momentum Auto Group (one of the largest in the U.S.) shutdown at least seven dealerships in the San Francisco bay area, without warning or explanation!  I checked the state’s WARN system and no WARN has been issued, the shutdowns affect hundreds of jobs, I did find a report that said the auto dealer chain is under investigation by the SEC.

CONNECTICUT: After 45 years New Haven Head Shop/Futon Store Closing

An L.L. Bean store to close in January 2019, due to the fact company officials now realize they have too many stores within ten miles of each other

People’s United Bank closing 15 Hartford area offices due to taking over a competitor

100 years old jewelry store Closing 

FLORIDA: ABM Aviation issued a WARN for its ops at Orlando International Airport, 133 jobs gone by mid-January 2019!

Service America canceling contracts, laying off 161 workers as it prepares to close!

After 94 years, Palmetto’s Growers Hardware is closing

Meadows’ Jewelers closing after 44 years

HAWAII:budget airline Scoot to end service to Hawaii

ILLINOIS:  Engineering services company AECOM issued a layoff WARN, 48 jobs in Olmsted gone by March 2019.

Dick’s Sporting Goods Closing in Yorkville

Willow Haven Home Furnishings and Decor shutdown

Iconic Wilson’s Floral & Gifts shutdown

INDIANA: Richmond Casket Facility Closing, 2-hundred jobs gone in 2019!

Stonehenge Golf Club in Winona Lake suddenly shutdown without explanation

IOWA: Equifax issued a WARN, 52 jobs in West Des Moines gone by January 2019. Too Big to Jail Wells Fargo issued a mass-WARN, 418 jobs in West Des Moines gone by mid-January 2019!

The Varsity Theatre near Drake campus is closing after 80 years of business

Nationwide insurance will lay off about 80 workers at its downtown Des Moines location and reduce its national workforce by about 1-thousand-1-hundred positions!

KENTUCKY: Tax exempt event organizer MainStrasse Village Association now chapter 7 bankrupt, blaming climate change for killing-off its events

MARYLAND: Lowe’s owned Maintenance Supply Headquarters eliminates 51 jobs at Laurel office

Saks Fifth Avenue shutting down distribution center, 150 jobs gone starting March 2019!

After 41 years Record and Tape Traders shutting down by the end of the year

MASSACHUSETTS: The Horace Mann Plaza Bob’s Store shutting down, no reason given 

In Fitchburg, Gallery Sitka suddenly shutdown for financial reasons, and after 70 years Shack’s Clothes forced to shutdown due to the building being sold.

Langham hotel to close for yearlong renovation, lay off 251!

MICHIGAN:  Lowe’s issued shutdown WARNs for stores in Flint and Burton, 235 jobs gone by January 2019!

Ace Diamond Jewelers, Dearborn staple for 40 years, closing in 2019

MINNESOTA: Embassy Suites Saint Paul issued a mass-layoff WARN, 116 jobs gone by January 2019.

Bibelot shutting down all four gift shops

MONTANA: Jewelry store closing after a 110 years in Kalispell

After eight years craft shop Creative Addiction shutting down because it became an “expensive hobby” that got too big for a small town

MISSISSIPPI: Tunica Roadhouse Casino closing, 4-hundred jobs gone in January!

MISSOURI: Meek’s The Builders Choice shutting down six stores

After 58 years Bob Jones Shoes officially closes

NEBRASKA: One of Omaha’s few remaining record shops is closing

NEW JERSEY: Bed Bath & Beyond in Vineland to close due to not being able to renew the lease

After 19 years Roberta’s Jewelry shutting down because “the cost of retail space has gotten too expensive.”

After 41 years Lake Hiawatha QuickChek Closing

Moorestown based Destination Maternity shutting down 67 stores

After 70 years Castle Bootery Closing Shop

NEW MEXICO: Carlsbad’s drive-in theater closing permanently due to declining business

NEW YORK: Equifax issued a shutdown WARN for its Garden City operations, at least 33 jobs gone in February 2019. Target issued a shutdown WARN for its store in Commack, 182 jobs gone in February 2019!

Texas based Peebles shutting down its five years old department store in Troy

NORTH CAROLINA: Bicycle maker Advanced Sports Enterprises is now chapter 11 bankrupt busted and shutting down its Performance Bicycle and Bike Nashbar retail stores, but not because of low sales, it’s blamed on the now two years old merger with a competitor (which created redundancies) and the skyrocketing costs of using brick-n-mortar stores to sell its bikes, hundreds of jobs will be lost.

Childrens’ clothing store Everafter Kids now chapter 7 bankrupt dead

Tobacco company Alliance One losing 565 seasonal jobs!

Mooresville based Lowes closing 31 Canada Stores and 20 Stores in U.S.

OHIO: Citizens Bank issued a WARN, 55 jobs gone in January 2019.  Motel 6 Contact Center issued a WARN, 150 jobs gone in January 2019!

Stagecoach Antiques closing brick-n-mortar store, shifting to online shopping only

Nationwide insuranceclosing Canton office – 175 Jobs Lost!

PENNSYLVANIA: Holiday Inn issued a shutdown WARN for its hotel in Grantville, 130 jobs gone next month!  Advanced Sports Enterprises issued a shutdown WARN for its store in Philadelphia, 60 jobs gone in January 2019.

After 73 years in Plains Township, Jay Dee Sneaker King shutting down by the end of the year

Mr. Mike’s Record Store closing in December

$400-million USD of debt forced wedding dress retailer David’s Bridal to go chapter 11 bankrupt busted

RHODE ISLAND: Nordstrom sends 181 termination notices to Providence Place workers!

SOUTH CAROLINA: Skatell’s Jewelers closing after three decades

SOUTH DAKOTA: after 28 years Raymond’s Jewellers Closing

Madison retail store is closing after 72 years

TENNESSEE: Jack Yacoubian Jewelers Closing: “…we’re moving to Texas!”

Bed Bath & Beyond shutting down Spring Hills location

Goodwill shutting down its 99 cents store in Clarksville, if there’s nobody willing to take it over

TEXAS: Earl’s Men Shop closing after 50 years 

UTAH: National Register of Historic Places Edwards Furniture in downtown Logan closing, which  follows the closure of Edward Furniture’s Providence branch this past summer

WASHINGTON: Spokane’s oldest store closing after 131 years

WEST VIRGINIA: After 20 years Small World Childcare suddenly shutdown, blaming it on what can be called a local population death spiral caused by the not-so-recovered economy

WISCONSIN: Hotel/casino operator Intercontinental Milwaukee issued a shutdown WARN, 115 jobs gone in January 2019!

After 14 years of parenting supplies Happy Bambino shutting down due to the changing “availability of parenting resources and retail environment”

The Knitting Tree: “13 years in retail is a long time and plenty for me. It was really fun and it was a great ride but I’m pretty burned out on the whole deal. You don’t really make a lot of money at a brick-and-mortar store….”-Jackie Shanahan, co-owner

U.S. RETAIL/BANKING/SERVICE SECTOR COLLAPSE, OCTOBER 2018:“UNFORESEEN CIRCUMSTANCES”

U.S. HI-TECH/COMMUNICATIONS BREAKDOWN, NOVEMBER 2018: ‘ROUTINE TESTS’ & ‘LOGISTICS HELL’

U.S. FOOD CRISIS, NOVEMBER 2018:“THIS IS A REALLY BIG DEAL”

U.S. INDUSTRIAL/LOGISTICS/MINING LAYOFFS, NOVEMBER 2018: “NOBODY WAS GIVEN THE HEADS UP ON THIS”

Drugs, the American way, November 2018: ‘WAR ZONE’

ObamaCare-ACA death spiral, November 2018: ‘BERMUDA TRIANGLE’

Dumbing Down the U.S.A., November 2018: “ALL HELL WILL BREAK LOOSE”

U.S. GOVERNMENT SHENANIGANS, NOVEMBER 2018:‘DISTURBED, DISGUSTED AND ANGRY’

Business/Economics

‘Spooked’: Sears, Kmart death spiral, April 2019

In British empire Canada leftist liberals turn abandoned Sears store into art gallery

Milwaukee Business Journal: Lawsuit calls 2014 spinoff of Lands’ End from Sears ‘fraudulent’

The Nation: Hedge-Fund Ownership Cost Sears Workers Their Jobs.

Reuters: Sears Holdings sues Lampert, ESL, and U.S. Treasury Secretary Steven Mnuchin, claiming conspiracy to destroy the retailer

USA Today: Lampert disclosed in a public filing that Sears Hometown and Outlet Stores was set to vote Monday afternoon “to determine to liquidate the Hometown segment of the business.”

Bloomberg: Eddie Lampert’s ESL Moves to Block Sears Hometown Liquidation

Seeking Alpha:Sears Bankruptcy Is In Chaos

abc7chicago.com: Sears Warranty Wars

Chicago Tribune: Sears offering to buy-back full control of Hometown and Outlet stores, for $21-million

Sears going back to the future to win shoppers back 

Forbes: Benefits Cut, Empty Shelves And Spooked Employees

Law360: Lampert Defends Hold Of $15M In Credit Card Reserves

Sears Outlet Says 3 Ex-Employees Stole Trade Secrets and confidential employee information

Crypto Briefing: Sears To Integrate Bitcoin Payments 

Law.com: Lawsuit to Proceed Against Sears Over Alleged Faulty Jack that Killed

ARIZONA: Glendale’s Sears store and Auto Center being shutdown by Lampert’s new Transform Holdco, in May, the lease was not renewed because the store is “unprofitable”.

ARKANSAS: Surprise, the Hot Springs Mall Sears store is being shutdown at a so far unknown future date, mall management said “We knew it would be coming, but we didn’t know when. We thought they would be here for one or two more years.” 

FLORIDA: Eddie Lampert’s new Transform Holdco shutdown the Volusia Mall Sears last month and it turns out the Sears property was already sold for $5.9-million USD, and guess who bought it?  Eddie Lampert’s ESL Investments, but that’s not all, newly released documents show Eddie Lampert’s ESL bought the doomed property one month before it shutdown!!!

The ongoing fight between Neptune Beach taxpayers and a property developer who wants to turn a vacant Kmart into a retail/residential ‘amusement park’, goes to court.

Real World TV show property owning millionaire buys $8-million USD property, then gets caught stealing $300 worth of kitchen appliances from Key West Kmart!

Rodents still being found in the food being sold at a Kmart in Palm Beach County!

GEORGIA:  The ‘lucky’ residents in Rome get to pay extra taxes in a new Tax Allocation District to rebuild the old Kmart property!

HAWAII: Eddie Lampert’s new Transform Holdco decided against continuing the lease for the Kaneohe Sears store and Auto Center, the store will shutdown by the end of the month.  The store was part of Lampert’s recent Sears Holdings bankruptcy purchase.  Essentially, Lampert’s new Transform Holdco replaces Sears Holdings.

ILLINOIS: Just six months after the grand re-opening, Transform Holdco suddenly shutting down it’s Oak Brook Village Sears store, on Sunday, April 28th.    Oak Brook Village President Gopal Lamalani said there was no warning from the new Transform Holdco: “We didn’t have any heads-up. We actually heard it from the media first. We didn’t know anything about the fact that this was coming.”

The city of Champaign wants to force taxpayers to bribe Costco into moving onto a property that once was home to a Sears Store, by creating a tax incentive plan!

MASSACHUSETTS: Acton Town Big Kmart shutting down in April 2021, due to the property owner deciding against renewing the lease with Kmart-Sears Holdings.  It was revealed after the town council was approached with the idea of burdening town taxpayers with the idea of spending at least 7-million tax dollars buying the property from the current owner!

NEW MEXICO: Property developer and residents going head-to-head over what to do with the abandoned Albuquerque Kmart, but ultimate blame for nothing being done is going to the city’s faulty zoning laws.

NORTH CAROLINA: 87-year-old Sears customer went the whole winter without heat, Sears repairman said the furnace uses parts made in Canada that are no longer available! So much for the warranty!

OHIO: Sears at the Ohio Valley Mall shutting down during Summer, local news reports say the mall operator was originally told the store would NOT be shutting down, but at the same time admitted “Our real estate people saw this coming 10 years ago”.

OKLAHOMA: The taxpayers of Oregon City about to become the owners of the vacant Kmart. Taxpayers were already forced by their exalted leaders to pay $200-thousand to clean up asbestos, now they’re going to shell out $3-million over the next ten years to lease the property, and then an additional $3-million if the city leaders decide to buy the property!!!

OREGON: The owners of two franchised Sears Hometown Stores have cut ties with corporate and dropped the Sears brand name.  

PENNSYLVANIA: Locally owned Sears in Flemington shutting down, no explanation from the owner (a former Sears employee) but ignorant local news media blame it on competition from big-box and internet.

In October 2018, the Lawrenceville property which is home to a Sears Outlet store was purchased for $10-million USD, now those new owners have given up on their plans for the property and are selling it.

TENNESSEE: The owners of the Sears Hometown in Covington are blaming corporate for their sudden shutdown. The owners claim they were a profit making store until corporate changed the ‘bonus program’ in November last year: “We lost almost 80% of our profits because of this ‘reform’!”-Angie Richardson, co-owner 

TEXAS:  Incompetent Sears repairman creates a $1,834 ‘mess’ and makes disabled veteran pay for it!

Sear Kmart death spiral, March 2019:“IMPROPERLY RETAINED”

Business/Economics

Japan admits to slave labor treatment of foreign workers, hundreds die or disappear every year!

30 March 2019 (03:00 UTC-07 Tango 06) 10 Farvardin 1398/23 Rajab 1440/24 Ding-Mao 4717

Nippon’s Prime Minister Abe Shinzo recently told investors that more foreign workers are needed to save Nippon’s economy, this is at the same time that Nipponese news media are revealing the hell that foreign workers have to endure.

For years now a population death spiral (what was that about the global population exploding out-of-control?) has Japan’s industries struggling to find workers (Japan’s migrant policies are far tougher that the United States, so it’s not like Japanese companies can just herd people across the border like here in the U.S.).  Japan has even relaxed its migrant policies, but now it’s being revealed that foreign workers in Japan are being worked like slaves, even worked to death!

2008 protest by foreign workers in Tokyo

Japan Today reports that a Justice Ministry survey discovered that last Gregorian year 9-thousand-52  foreign workers went missing.  The Ministry was somehow able to track down and ask 5-thousand-218 of them why they took-off.  759 blamed the working conditions.

The Justice Ministry also discovered that 171 workers died, from a combination of work accidents, suicides, disease or as a result of violent crime (yes, total-gun-ban Japan has violent crime).  And this is just the foreign workers who were brought to Japan through the government’s technical internship program!  There are hundreds of thousands of foreign workers in Nippon through other ‘programs’.

The Justice Ministry tried to survey employers, but many refused to cooperate.

The government survey concluded that many foreign workers are paid less than the minimum wage, have excessive deductions from their wages, or are forced to work overtime without compensation! In one case, a worker was averaging 60 hours of overtime every month and not being paid for it!   The Justice Ministry found that some employers are taking the workers’ passports and confining them to dorms when they are not working.  Many Japanese employers are using an old trick, telling the workers they’re in debt for the expenses of bringing them to Japan to work and therefore must work extra hours without pay.

One more thing, the Justice Ministry admitted it lied on earlier surveys, claiming missing foreign workers had left their jobs for better paying work!

Japan and Nepal sign government-to-government labor pact

Small Japanese firms fear foreign laborers will abandon them 

STUDENTS & TOURISTS USED AS SLAVE LABOR? MORE PROOF IMMIGRATION IS ABOUT DENYING YOU A JOB!

POPULATION DEATH SPIRAL BLAMED FOR SEARS-KMART DEATH SPIRAL, NOVEMBER 2018

“MARKET CONDITIONS” BLAMED ON POPULATION DEATH SPIRAL! 

MY IMMIGRANT IDAHO: THE “SPANISH SECTION” KEEPING IDAHO FARMS STRONG!

COVERT CIVIL WAR IN TEXAS CAUSES BULLIED IMMIGRANT TO SHOOT UP SCHOOL WITH SHOTGUN?

GERMANS PISSED AT THEIR GOVERNMENT’S IMMIGRANT POLICY!

Business/Economics

“nobody was given the heads up on this”: U.S. industrial/logistics/mining layoffs, November 2018

Incomplete list of U.S. Mining/Industrial/Logistics job loss/shutdown announcements made in November 2018.

WARN=Worker Adjustment Retraining Notification

ARKANSAS: Union Pacific railroad continues adding to its layoff lists

CALIFORNIA: British empire owned maker of police-state equipment for military/law enforcement Safariland issued a mass layoff WARN for its Ontario factory, 158 jobs gone by the end of the year!  Driessen Aircraft Interiors Systems issued a shutdown WARN for its factory in Huntington, 60 jobs gone by the end of the year. E2 Consulting Engineers issued a mass layoff WARN, 162 jobs gone by the end of the year! International Paper Company issued a shutdown WARN for its San Leandro location, 36 jobs gone the week before xmas. APL Logistics Limited issued a shutdown WARN for its Fontana ops, 96 jobs gone in January 2019.  British empire Canada based North American Services issued a shutdown WARN for its ops in Simi Valley, 26 jobs gone in January 2019.  DI Overnight issued mass layoff WARNs, at least 3-hundred jobs gone across ten locations, by March 2019! CEVA Logistics issued a shutdown WARN for its ops in San Jose, 197 jobs gone!  Custom furnace maker Retech Systems issued a layoff WARN for its Ukiah factory, 30 jobs gone in January 2019.  Rockwell Collins issued a shutdown WARN for its office in Irvine.  Pacific Southwest Containers issued a shutdown WARN for its ops in Chatsworth.  Boeing laying off ten people in Huntington, in January 2019.

CONNECTICUT:  Harvey Supply Chain International issued a shutdown WARN, 97 jobs in Woodstock gone mid-January 2019.  Crabtree & Evelyn issues shutdown WARN for its body lotions/fragrances manufacturing/distribution ops in Woodstock, at least 30 jobs gone after January 2019.  (Harvey Supply Chain and Crabtree are related companies)

Champion Builders now chapter 11 bankrupt busted

Calpine shutting down North American Power office

FLORIDA: C&S Wholesale eliminating 205 jobs in Orlando, between the end of January 2019 and mid-March 2019! Service America Enterprises eliminating 161 construction related jobs in January 2019!

General Electric (GE) kills 147 Jacksonville jobs!

GEORGIA: Georgia-Pacific closing Warm Springs mill, affecting 321 jobs!

HAWAII:  Hawaii’s largest commercial printer shutting down after more than 26 years, 93 jobs lost

ILLINOIS: ADC Diecasting & Manufacturing issued a shutdown WARN, 101 jobs gone by the end of January 2019! Callen Manufacturing issued a shutdown WARN, 126 jobs gone by February 2019!  ZF Chassis Systems Chicago issued a shutdown WARN, 261 jobs gone by June 2019! Caterpillar issued a shutdown WARN for its factory in Joliet, 285 jobs gone by June 2019!

INDIANA: Without warning Textron shutdown its lawnmower factory Dixie Chopper, 107 jobs gone instantly!

IOWA:  Germany based Siemens shutting down its Burlington factory, 125 jobs lost four days before xmas

KENTUCKY: Industrial bag maker Mondi closing Louisville facility, laying off 100 workers!

LOUISIANA: Oil company PetroQuest Energy filed for bankruptcy protection from $204.5 million in debt

MICHIGAN: General Motors (GM) to lay off 14-thousand-7-hundred employees!!!

Alphi Manufacturing eliminating 106 jobs in Jonesville due to “sudden and unexpected” loss of contract!

MINNESOTA: Quam Construction suddenly laid off 40 people in Willmar.

Bankrupt Peoples Electric shutdown without warning, 130 contractors suddenly jobless!

NEW YORK: Dumas Contracting revealed it eliminated 33 jobs at the end of October.

Greek based oil company Aegean Marine Petroleum filed for Chapter 11 bankruptcy in NYC

Hat maker New Era Cap shutting down its factory in Derby, city officials said “nobody was given the heads up on this.”

Sunlite Plastics to cut 58 jobs after unexpected crash in orders

LED Lighting Manufacturer LSI shutting down New Windsor factory, 136 Layoffs!

NORTH CAROLINA: Germany based BASF to lay off 53 workers at two Charlotte locations

Taxpayer funded Leonardo DRS eliminating at least 90 jobs starting in December, “in the process of implementing contingency plans” 

Layoffs possible as Duke Energy expands buyout offers

After 77 years cloth maker Copland Industries shutting down by the end of the year, blaming international competition

Boise Cascade halting laminated ops in Roxboro, 56 jobs gone by the end of the year because “we have been unable to reduce manufacturing costs to an acceptable level”

PENNSYLVANIA: NFI Interactive Logistics issued a shutdown WARN for its Sunbury location, 55 jobs gone by the end of January 2019.  HVAC maker Danfoss issued a layoff WARN, 48 jobs gone by March 2019.  ‘Premium’ bicycle marketer Advanced Sports Enterprises issued a layoff WARN, 60 jobs gone in January 2019.  Bartash Printing suddenly shutdown, 163 jobs already gone according to the WARN!

Faucet maker Moen shutting down 50 years old factory, at least 50 jobs gone in 2019

Cloth maker Woolrich shutting down its mill by the end of the year (40 jobs gone according to the WARN)

TEXAS: Despite being promised an economic incentive from local officials, insulation maker CertainTeed halting production in Sherman, 35 jobs gone by December.

WISCONSIN: Beechworth Windows issued a shutdown WARN, 80 jobs gone by January 2019.

General Electric (GE) Global Operations is laying off 63 people

WYOMING: Dozens of oil industry layoffs despite increase in production, no explanation given

U.S. MINING/INDUSTRIAL/LOGISTICS LAYOFFS, OCTOBER 2018:“WE KIND OF NEED TO DO SOMETHING BESIDES DIE AT OUR DESK”

Business/Economics

“improperly retained”: Sears Kmart death spiral, March 2019

For some reason Sears Hometown/Appliance & Hardware has disabled its store finder page.

Footwear News: Shoe maker blames Sears bankruptcy for 18% decline in shoe sales

Chicago Tribune: Lampert cancels retiree’s life insurance!

Sears bankruptcy lets Eddie Lampert save $2 billion on taxes

What’s ‘the real home’ of Craftsman tools? Lawsuit says it’s not Sears anymore

Law360: Judge Says He Can’t Decide $15M Sears Credit Card dispute…Yet

Wall Street Journal: Bankruptcy Judge Pushes New Sears to Resolve Dispute With Old Sears

New York Post: Court documents show Eddie Lampert’s ESL hedge fund “improperly retained” $57.5M from Sears

Bloomberg: Attorney Fees in Sears Bankruptcy Reaches $22 Million

Seeking Alpha: The Sale Of Sears To Lampert Ain’t Over Yet – Major Problems Have Developed

CALIFORNIA: The Jackson Sears Hometown store made the latest shutdown list.  In San Francisco, Sears Holdings Management laid off 44 people.

Owners of the now-shuttered Sears department store in La Cumbre Plaza have listed the iconic property for sale

FLORIDA: Eddie Lampert bought the closed Sears store in Regency Square Mall for $4.1 million

The New Smyrna Beach Sears Hometown quietly shutdown at the end of February.

INDIANA: Tax paying residents of Fort Wayne upset over rezoning plans for vacant Sears building, because it would affect property taxes for homes in the area

KENTUCKY: The Murray Sears Hometown store made the latest shutdown list.

LOUISIANA: The Homer Sears Hometown store made the latest shutdown list.  The West Monroe Sears Hometown store made the latest shutdown list.

Eddie Lampert bought the Sears store in the Mall of Louisiana, as part of the bankruptcy settlement, but now sales documents show the price for the Baton Rouge store listed as $10 and “other valuable consideration.”

MICHIGAN: The Adrian Sears Hometown store made the latest shutdown list.  The Charlevoix Sears Hometown store made the latest shutdown list.  The Cheboygan Sears Hometown store made the latest shutdown list.  The Petoskey Sears Hometown store made the latest shutdown list.  The Tawas City Sears Hometown store made the latest shutdown list.

NEW YORK: The Sears Hometown Store, in Fredonia,  secretly shutdown and cleared-out over the weekend (23-24 March), officially “due to electrical issue.”  However, local news media reported that the owner of the property (Lake Shore Savings Bank) was already inspecting it for possible sale, and, that over the Winter Sears Hometown corporate had advertised that it was looking for a new operator for the store.

NORTH CAROLINA: The Shallotte Sears Hometown made the latest shutdown list.  After four years the Sears Hometown in Shelby shutting down, apparently because corporate wasn’t happy with the sales. 

OREGON: The Baker City Sears Hometown made the latest shutdown list.

PENNSYLVANIA:  The Quakertown Sears Hometown made the latest shutdown list.  Without warning the Bradford Sears Appliance & Hardware store forced to shutdown, the ‘mushroom’ owner told local news media the shutdown order “was actually made by Sears Hometown and Outlet, and that’s the only thing we know.”

TEXAS: After swearing they weren’t shutting down (when Sears Holdings filed bankruptcy in October 2018) the Sears Home Appliance Showroom in Spring quietly shutdown at the end of February 2019.  Sears Appliance & Hardware store in Katy also shutdown.

U.S. VIRGIN ISLANDS: Kmart liquor sales are on hold due to a change in ownership.

WISCONSIN: The Park Falls Sears Hometown made the latest shutdown list.

Four years after a local Kmart shutdown city officials finally remove the location from taxpayer funded bus route

New Sears owner quietly acquires Wisconsin properties

SEARS KMART DEATH SPIRAL, JANUARY 2019: “NOBODY HAS SKIN IN THE GAME. IT’S ALL TAX MONEY.”

Business/Economics

“unforeseen circumstances”: U.S. retail/banking/service sector collapse, October 2018

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

WARN=Worker Adjustment & Retraining Notification

ALASKA: Alaska Air eliminating 1-hundred jobs, blaming fuel costs, employee health insurance (ObamaCare), crew hotel costs and management headcounts

ARIZONA: 72-year-old Phoenix costume store Easley’s Fun Shop preps for its last Halloween

Angela’s Bridal announces change, closing

CALIFORNIA:  Twin Arbors Athletic Club issued a shutdown WARN for its location in Lodi, 143 jobs gone by the end of November!  The now British empire United Kingdom based New Avon sudden halted ops in Pasadena, 77 jobs gone. Pyramid Building Maintenance issued a shutdown WARN for its ops in Santa Clara, 11 jobs gone by November. 

Insurance company State Farm issued shutdown WARNs for several locations, 224 jobs gone by the end of November!  Total Airport Services issued a shutdown WARN for its ops in El Segundo, 111 jobs gone by December!  British empire Australia founded retailer Boardriders eliminating 270 jobs in Mira Loma, supposedly temporarily! JCPenney finally revealed it  shutdown its Buena Park location back in August, 278 jobs suddenly gone!

Ocean Beach Paint & Hardware closing after 100 years

What housing market recovery? Mortgage service company Urban Fulfillment Services is closing its Westlake Village operations, resulting in the elimination of 85 jobs.

Skate park SkateLab shutting down after 21 years

San Diego’s first stop for Bike Rentals, Cruiser King shutdown after ten years

Vintage stuff store Aaardvark’s Closing After 47 Years

Once Storied Sedgwick Files for Bankruptcy as Wind-Down Fails

House of Fashion Bridal Salon closing after nearly 60 years

Soldiers Organized Service (SOS a ride home) shutdown two stores

CONNECTICUT: Paul Mitchell School in Danbury closing

FLORIDA: Centerfield Media issued a WARN, 249 jobs gone by the end of the year!  Sheraton Bay Point Resort issued a WARN, 143 jobs gone by December!

IDAHO: Supervalu, which failed to turn around Albertsons, is acquired. What it means to Idaho

WinCo plan for Linder and Chinden is revived

ILLINOIS: Employment outsourcing company Ceannate issued several WARNs, 184 jobs gone due to loss of contract!  Target issued a shutdown WARN for a location in Chicago, 125 jobs gone by February 2019! British empire Canada owned Lord & Taylor issued a shutdown WARN for its Oak Brook location, 125 jobs gone by January 2019!

Eva’s Bridal Closing After 36 Years

Home improvement store HOBO (Home Owners Bargain Outlet) now chapter 11 bankrupt busted and threatening to shutdown all stores, customers are already being jacked-around on warranty problems  Official WARNs reveal Illinois stores have already been sold-off, at least 265 jobs gone!

Bike and running store Ride&Run shutting down when the inventory is gone, the owner refused to say why 

Chicago’s largest family-owned lumber yard is no longer in business

Shelley’s Bridal closing after 2 decades

INDIANA: Marketing company Alorica issued a shutdown WARN for its ops in Terra Haute, 195 jobs gone in December!

IOWA: Last shoe repair business in metro Cedar Rapids area closing soon

KENTUCKY: Merit Furniture, in business since 1956, closing. Owner: ‘Nobody wants quality furniture.’

Community development operation Kentucky River Foothills Development Council eliminating 142 jobs

LOUISIANA:  State Farm to lay off 47 workers in Baton Rouge

MAINE: Olympia Sports closing in Houlton

MASSACHUSETTS: Boston Private lays off about 60 in face of slow deposit growth

Fallas discount department store chain closing all Massachusetts locations 

Whittemore Hardware Calling It Quits

MICHIGAN:  State Farm issued a shutdown WARN for its ops in Livonia, 62 jobs gone by the end of November.

architecture firm Rossetti Associates suddenly laid off 15 people 

Swonk’s Flower Shop will close after 91 years

MINNESOTA: Allianz Life – Questar eliminating 79 jobs in February 2019. Texas based defunct Mattress Firm issued a mass layoff WARN, but failed to give numbers. State Farm issued a WARN, 88 jobs in Mendota Heights gone by the end of November.  Target issued a shutdown WARN for its Brooklyn Center, 136 jobs gone in February 2019!

Too Big to Jail U.S. Bank is laying off 700 employees (100 just in Minnesota according to the WARN)

Bremer Bank shutting down in Sauk Rapids

NEBRASKA:  Too Big to Jail Capital One eliminating more than 150 jobs

NEW JERSEY: CREATIVITY CARAVAN CLOSING ITS DOORS

229 workers at this N.J. resort will be laid off

Payless ShoeSource Is Closing In Bridgewater

Parsippany Modell’s Sporting Goods is closing

NEW MEXICO: aerospace company files for bankruptcy

NEW YORK: A.B.C. Oriental Carpets issued a shutdown WARN for both its NYC stores, 26 jobs gone by the end of January 2019.  Greenbriar Associates issued a shutdown WARN for its Residence Inn by Marriott, 80 jobs gone in January 2019.  British empire Canada owned Lord & Taylor issued a shutdown WARN for its massive NYC ops, 853 jobs gone by January 2019!  Investment company AllianceBernstein L.P. issued a mass layoff WARN, 244 jobs affected as it gets the hell outta New York and moves to Tennessee! Frederic Fekkai Salon issued a shutdown WARN, 60 jobs gone by the end of the year. Personal care company New Frontiers in TBI-Allwel eliminating 59 NYC jobs by January 2019.  The now British empire United Kingdom based New Avon issued a shutdown WARN for its ops in Rye, 51 jobs gone by the end of the year.

Too Big to Jail British empire United Kingdom based HSBC eliminating 35 jobs in Depew

NORTH CAROLINA: Diamond Brand Outdoors closes after 50 years

OHIO: Liberty Mutual insurance company suddenly laid off 25 people  

Another Salvation Army Family Thrift Store shutdown

Huntington Bank closing 70 locations

OREGON: Fabric Depot Closing Doors After 26 Years

PENNSYLVANIA:  State College jewelry store closing

United Way of Greater Philadelphia and Southern New Jersey on Monday slashed 37 of 97 positions

Reineberg’s closing York shoe shop

Newtown Women’s Clothing Boutique Closing

RHODE ISLAND: Nordstrom At Providence Place Mall Closing

SOUTH CAROLINA:  Cedar Terrace Hardware store shutting down after 40 years

Beaufort store is closing after 30 years of business

What housing market recovery as Fort Mill based Movement Mortgage to eliminate 180 jobs

SOUTH DAKOTA: Longtime Madison Store Closing

TEXAS: Austin based, and now bankrupt, Samuels Jewelers suddenly started shutting down all 120 stores

Freed’s Furniture Closing After 80 Years

Smith Guns closing doors after 4+ decades

Sandy Lake Amusement Park shutting down

Too Big to Jail JPMorgan Chase issuing 107 pink slips in San Antonio

Houston based Mattress Firm shutting down 700 stores, here’s a list

VIRGINIA: Staples store at Parham Plaza closing

WASHINGTON:  Low income housing manager Housing Kitsap laid off yet more employees, and suspended the building of affordable dwellings, apparently because they don’t know where the money went

A-1 Tri-City Taxi shutdown after 38 years “due to unforeseen circumstances”

Carr Electric is closing

Terjung’s Studio of Gifts announces closing date

LuLaRoe gig leaves vendors with clothes they’re unable to sell

WISCONSIN: Target issued a shutdown WARN for its ops in Greenfield, 138 jobs gone by February 2019!  Home Owners Bargain Outlet (HOBO) issued a shutdown WARN for its Milwaukee-West Allis location, 104 jobs gone a few days before xmas!

Safeco shutting down multiple operations in Sheboygan, 127 jobs lost!

Janesville’s Staples store to close

U.S. FOOD CRISIS, October 2018: ‘JUST ANOTHER NAIL IN THE COFFIN’

SEARS KMART DEATH SPIRAL, October 2018: “A CHANGE IN BUSINESS CIRCUMSTANCES”

U.S. HI-TECH/COMMUNICATIONS BREAKDOWN, October 2018: “EFFECTIVE IMMEDIATELY”

U.S. INDUSTRIAL/MINING/LOGISTICS layoffs, October 2018: “WE KIND OF NEED TO DO SOMETHING BESIDES DIE AT OUR DESK”

U.S. GOVERNMENT SHENANIGANS, October 2018: OPERATION FAITHFUL PATRIOT

DUMBING DOWN THE U.S.A., October 2018: TEACHERS MORE VIOLENT & CRIMINAL THAN STUDENTS?

OBAMACARE ACA DEATH SPIRAL, October 2018: “EVERY SINGLE MONTH….HAS BEEN A GRIND”

DRUGS, THE AMERICAN WAY, October 2018: “NOW YOU TELL ME WHO THE ENEMY IS!”

U.S. RETAIL/BANKING/SERVICE SECTOR COLLAPSE, September 2018: TOO BIG TO JAIL BANK ADMITS ‘GOOD’ ECONOMY IS DRIVEN BY NEVER ENDING LAYOFFS!

Business/Economics

“we kind of need to do something besides die at our desk”: U.S. Mining/Industrial/Logistics layoffs, October 2018

Incomplete list of U.S. Mining/Industrial/Logistics job loss/shutdown announcements made in October 2018.

WARN=Worker Adjustment & Retraining Notification

Holy weapons malfunction Batman! An ongoing type of taxpayer rip-off was finally revealed by the U.S. Defense Logistics Agency (DLA) in the form of ‘suspended stock’, which are parts paid for by taxpayers for use in maintaining expensive military weapons systems, except that they’re mislabeled by the corporate unAmerican manufacturers, rendering the parts useless!  The chief of DLA Troop Support’s Industrial Hardware Division, José Pereira, said the amount of mislabeled parts is “eye opening”.   The parts cannot be used until their true intended use is identified.  A specialized Industrial Hardware team has been assembled to literally sort through the massive problem.

CALIFORNIA: Window coverings maker Century Blinds issued a shutdown WARN for its operations in Corona, 59 jobs gone the day after Thanksgiving.  Heavy construction contractor Brinderson issued layoff WARNs, 324 jobs gone by December!  Carpet maker TDG Operations issued a shutdown WARN for its Los Angeles ops, 60 jobs gone December.  Clothing maker (‘wearable art’) Providence Industries issued a shutdown WARN (supposedly temporary) for its Long Beach location, 96 jobs lost the day after xmas.  Clothing maker/distributor MD2 Industries issued a shutdown WARN (supposedly temporary) for its Long Beach ops, 158 jobs lost the day before xmas!  Clothing maker PVH Neckwear issued a ‘permanent’ shutdown WARN for its Los Angeles ops, 94 jobs gone after xmas.  Iconic clothing maker Levy’s issued a ‘permanent’ shutdown WARN for its Inglewood factory, 272 jobs gone by January 2019!  West Coast Warehouse issued a shutdown WARN for its Fontana location, 18 jobs lost the day after xmas. Metal Partners International issued a shutdown WARN for its Bakersfield location.  Davis Wire Corporation issued a ‘temporary’ shutdown WARN for its Irwindale location, 109 jobs gone the day before xmas!  Construction supplies maker Burke Industries issued a layoff WARN for Its San Jose locations, 61 jobs gone by the end of the year.  Insulation maker Thermal Structures issued a shutdown WARN for its Corona location.  Material handling ‘simplifier’ Symbotic issued a shutdown WARN for its Oceanside location.  Contracted manufacturer Jabil issued several ‘temporary’ shutdown WARNs, more than 1-thousand jobs lost the week before xmas!

UTC Aerospace to end aircraft systems manufacturing in Chula Vista, cutting 300 jobs!

COLORADO:  Major Mountain West Coal Producer Files For Bankruptcy

CONNECTICUT: Building-materials distributor Builders First Source issued a shutdown WARN for its East Hartford location, 46 jobs gone by the end of the year.

INDIANA:  JD Norman Industries shutting down its facility in Muncie, 130 jobs lost!

Cardinal Metal Finishing eliminating 80 jobs, blaming a “key customer.”

IOWA: Germany based Siemens issued a shutdown WARN for its Burlington ops, 125 jobs gone by the end of 2019, due “to competitive pressures in the energy market”!

KENTUCKY:  Japan based Hitachi eliminating 100 jobs in Harrodsburg!

HVAC company Trane shutting down its 55 years old factory in Lexington, 600 jobs lost!

MARYLAND: The company that owns and operates the Maryland Airport now chapter 11 bankrupt busted due to county officials changing the zoning laws

MICHIGAN: Spectrum Industries Decorative Finishes issued a shutdown WARN for its factories in Kentwood and Grand Rapids, 134 jobs killed by consolidation ops! Hartman International Industries issued a shutdown WARN for its operations in Novi, 42 jobs gone by the end of the year.

Metal stamping supplier to close Westland plant, lay off 70, “As a result of this unexpected business circumstance, the company expects that it will be forced to imminently shut down and is unable to give 60 days notice of closing”

China based Yanfeng Automotive Interiors suddenly laid off 55 employees 

Ford warning of more job cuts 

MINNESOTA: Hand crafted leather products maker JW Hulme issued a layoff WARN, 28 jobs gone in November.

NEBRASKA: Omaha based Union Pacific killing 5-hundred jobs!  (and that is just the first round of layoffs)

NEW MEXICO: ONE Aviation now bankrupt busted after failing to pay almost one million dollars in back-due rent

NEW JERSEY:  Bankrupt NSC National Wholesale Liquidators issued a shutdown WARN for its Lodi ops, 152 jobs gone by January 2019!

NEW YORK: Bankrupt NSC Wholesale Holdings-National Wholesale Liquidators issued a massive shutdown WARN, 458 jobs gone at a date “to be determined”!  Vinyl sign/packaging maker Royal Industries issued a shutdown WARN for its ops in Brooklyn-NYC, 77 jobs gone in time for xmas.  Fake fingernail company Ivy Enterprises issued a shutdown WARN for its warehouse ops in Port Washington, between 24 and 132 jobs affected as the company gets the hell outta New York!

NORTH CAROLINA:  Rail car maker Vertex shutting down after only four years, employees told local news media “They told us that they lost all their customers, lost all their contracts, investors pulled out.”  

Huntersville-based American Tire Distributors (ATD) files for bankruptcy

High Point based furniture maker Heritage Home Group eliminating at least 145 jobs!

OHIO: Germany based Siemens issued a WARN for its Mount Vernon/Knox location, 57 jobs gone by the end of the year.

MPP shutting down its metal injection ops in Solon, 55 jobs lost

PENNSYLVANIA: CEVA Logistics issued a shutdown WARN for its Bedford location, 73 jobs gone by the end of November.  Bankrupt NSC Wholesale Holdings-National Wholesale Liquidators issued a shutdown WARN for its Philadelphia location, 42 jobs gone by December.

RHODE ISLAND: Pawtucket based toy maker Hasbro eliminating at least 540 jobs due to the death of Toys R Us!

TEXAS:   Taxpayer funded military tech company L3 cuts 62 positions at Waco plant

WISCONSIN: Sunlight Plastics suddenly laid off 58 people in Germantown.  Trucking company Black Horse Carriers issued a shutdown WARN for its ops in Kenosha, 107 jobs gone by the end of January 2019!  In Pleasant Prairie, Southwire/Coleman Cable issued a shutdown WARN, 65 jobs gone by December.

Hi-Crush shutting down in Whitehall, 37 jobs lost due to crashing demand for sand

WYOMING: After 25 years Trout Machinery shutting down: “We’re deciding that we kind of need to do something besides die at our desk…”

U.S. INDUSTRIAL/MINING/LOGISTICS SHUTDOWNS, September 2018:  “MANY JOBS WILL BE….ELIMINATED”

Business/Economics, Idaho

More decline for Idaho: Payless to kill remaining 2,500 stores!

15 February 2019 (12:49 UTC-07 Tango 06) 26 Bahman 1397/09 Jumada t-Tania 1440/11 Bin-Yin 4717

The writing has been on the wall since Spring 2017, now it’s final, about 2-thousand-5-hundred (here’s a map) Payless shoe stores to be shutdown as part of the company’s plan to file for bankruptcy.

Payless in struggling Pine Ridge Mall, employees swear they've been told no shutdown for them

Payless in the struggling Pine Ridge Mall, Chubbuck, Idaho

In Spring 2017, employees of the Payless store in the Pine Ridge Mall, in Chubbuck, Idaho, survived a sudden Payless store shutdown operation which resulted in hundreds of stores across the U.S. being permanently closed almost over night. Just a few months later Payless administrators, based in Kansas, conducted another round of shutdowns as part of it’s first bankruptcy filing.

This final Payless shutdown is the result of a second, and obviously terminal bankruptcy filing, and comes just days after the Chubbuck ShopKo store, also on the Pine Ridge Mall property, fell victim to a massive nationwide shutdown.

Business/Economics, Idaho

More Economic Decline: No more Idaho ShopKo? There never was a Shopko in Pocatello!

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08FEB2019/23:35 UTC-07 Tango 06 (20 Bahman 1397/03 Jumada t-Tania 1440/05 Bin-Yin 4717)

The now chapter 11 bankrupt busted Wisconsin based Shopko announced more store shutdowns, including almost every store in the Pacific northwest/Rocky Mountain state of Idaho.

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The Chubbuck Shopko, located on the Pine Ridge Mall property (and incorrectly listed as being in next-door Pocatello), is shutting down by May 2019.

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Shopko’s latest shutdown list also includes two stores in Boise, one in Bonners Ferry, Nampa, Orofino, and Twin Falls.  Apparently pharmacy operations have already shutdown, being auctioned-off to British empire United Kingdom owned Alliance Boots-Walgreens as a result of the bankruptcy.

At this point the Idaho Falls Shopko is not on the shutdown list, but it should be noted that in January 2019 Shopko administrators said only 105 stores would close permanently, with three being in Idaho’s Treasure Valley area, but now it’s more than 250 stores nationwide!

At one time there were 12 Shopko stores in The Gem State of Idaho.

IDAHO’S CONTINUED ECONOMIC DESTRUCTION, 2017: “CLOSED INDEFINITELY”

MORE ECONOMIC DECLINE: IDAHO MALL LOSES YET ANOTHER ANCHOR STORE! LAZY ‘EXPERTS’ CONTINUE TO BLAME ONLINE SALES!

MORE DECLINE: NO MORE XMAS LIGHTS FOR CHUBBUCK? THE TRUTH ABOUT GENTRIFICATION

THE LIES OF ECONOMIC DECLINE: POCATELLO STAPLES SHUTDOWN BLAMED ON THE INTERNET!