22 March 2017 / 20:13 UTC-07 Tango 06 (03 Farvardin 1396/24 Jumada t-Tania 1438/26 Gui Mao 4715)
“…we experienced a challenging retail environment due in part to a weak hunting season and the outcome of the 2016 presidential election.”-Amanda Covington, Vista Outdoor-Federal Cartridge (Federal Premium Ammunition)
At the beginning of March, Vista Outdoor (formerly known as ATK) owned […] Continue Reading…
Incomplete list of U.S. retail/banking/service sector job loss announcements and shutdowns made or announced in January 2017:
Alabama: Tennessee based Fred’s Discount Store announced it will shutdown at least three stores in The Yellowhammer State by the end of February, blaming crashing sales (or is it really because of Fred’s $90-million USD takeover of RiteAid?). Best Buy […] Continue Reading…
19 March 2017 (15:58 UTC-07 Tango 06) 29 Esfand 1395/20 Jumada t-Tania 1438/22 Gui Mao 4715
“China ranks the 7th in terms of project numbers in Africa, but it created the most jobs, which is unexpected by many people.”-Jeremy Stevens, Standard Bank Group
During the last two years of the Obama regime China has become the number one creator […] Continue Reading…
18 March 2017 (18:10 UTC-07 Tango 06) 28 Esfand 1395/19 Jumada t-Tania 1438/21 Gui Mao 4715
For a long time biologists (and other scientists) have known that the shape of a animal’s nose depends on what type of climate it lives in, now more proof that your nose knows when the climate is about to change.
Pennsylvania State University […] Continue Reading…
18 March 2017 (02:27 UTC-07 Tango 06) 28 Esfand 1395/19 Jumada t-Tania 1438/21 Gui Mao 4715
Could early humans have been whacked on shrooms from the beginning? Scientists from China, New Zealand and United States claim to have the oldest intact mushroom fossils ever; 99-million years old!
Nanjing Institute of Geology and Paleontology (of the Chinese Academy of Sciences) released […] Continue Reading…
17 March 2017 (12:02 UTC-07 Tango 06) 27 Esfand 1395/18 Jumada t-Tania 1438/20 Gui Mao 4715
Texas based iconic U.S. retailer JCPenney revealed its 1st half 2017 store hit-list, 138 stores going down and as many as 6-thousand jobs being culled from the U.S. economy!
Two weeks from now 138 stores across the U.S. will begin liquidation sales, however, contrary […] Continue Reading…
“Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going concern.”-Sears Holdings, 2017 annual 10-K report
CNBC: Sears suppliers hold back shipments; “We have to protect ourselves from the risk of nonpayment.”-unnamed supplier
USAToday: Sears bankruptcy threatens pay for retirees!
Business insider: “The warranties are going to be a huge […] Continue Reading…
Incomplete list of healthcare related layoffs and shutdowns, January 2017:
Arizona: In Tucson, mental healthcare facility La Frontera Arizona laid off an additional 30 people, less than a month after laying off 22 employees, due to funding cuts: “They do more than just give medications and things like that. They are there for support and […] Continue Reading…
Disappearing Students Syndrome (DSS): A phrase created by me to describe a phenomenon taking place across the United States, affecting both privately and publicly funded schools, from Kindergarten all the way through University levels.
Incomplete list of publicly announced education related layoffs & school shutdowns, January 2017:
California: God powerless to stop the shutdown of five […] Continue Reading…
More proof you brick-n-mortar store owners can’t directly blame the internet/high-tech competition for your demise. Incomplete list of U.S. internet/high-tech/communications job destruction announcements in January 2017:
Internet publisher Medium laid off 50 employees. CEO Evan Williams (a Twitter co-founder) stated “Upon further reflection, it’s clear that the broken system is ad-driven media on the internet. It […] Continue Reading…