Incomplete list of publicly announced layoffs & shutdowns:
Money manager at Janus Capital Group, Bill Gross, warned of coming Depression using code: “…dangerously close to deflationary growth.”
California: In San Francisco’s South Park, Jeremys department store shutdown. The owners blame a bad mix of technology and demographics: “We found that the technology demographic doesn’t really shop […] Continue Reading…
Incomplete list of hobby shop shutdowns.
California: After 67 years a hobby shop I loved to check out whenever I was forced to visit my child hating Oma, Dave’s Hobby Central, in Santa Barbara closed down: “It is with deep regret and a heavy heart that I must to tell you that today we have closed the […] Continue Reading…
In New Jersey, upset shoppers are actually calling for the shutdown of the Vineland Sears because it “…is becoming a disgrace. When one enters from the north entrance, it makes one think that he or she is in a slum area.” It’s more proof that ‘shoppers’ don’t give a rat’s ass about retail employees. […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
California: In San Jose, mom & pop Paolo’s Italian restaurant shutdown by the landlord. The property owner is getting more money by turning the location into a cafeteria.
Florida: After 42 years the Wine & Cheese Gallery shutdown, their letter implied there was too much competition compared to […] Continue Reading…
07 August 2015 (23:04 UTC-07 Tango 01, 06 August 2015)/16 Mordad 1394/21 Shawwal 1436/23 Jia-Shen 4713
“I took an oath to uphold the U.S. Constitution and uphold the laws of Idaho! This seemed appropriate to show my support. I was going to make sure Mr. Arnold’s rights weren’t going to be breached.”-Daryl Wheeler, Bonner County Sheriff
The Obama […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
Alaska: The University of Alaska Anchorage eliminating 203 jobs! Administrators blame $13-million USD in taxpayer funding cuts caused by the crashing oil industry.
California: More proof the internet is not recession proof. San Francisco based food delivery internet company Good Eggs ending operations in all cities except San Francisco, 140 […] Continue Reading…
Another New York Sears Hometown is shutting down by September, this one is in Saranac Lake. The ‘independent’ co-owner said Sears Holdings forced them to shutdown: “We wanted to keep it open. We thought there’s potential in Saranac. Sears saw it differently. They came to us and asked us to shut it down……We […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
More proof you can’t blame the internet for brick-n-mortar shutdowns: After four years sexist women’s open source developer The Ada Initiative shutting down in October. It’s blamed on their inability to find an executive director who meets their feminist agenda.
California: In San Diego, after one year Table […] Continue Reading…
“How many more quarters of negative sales can you handle as a business without being forced to close? They’re not pumping cash into turning this into a real retailer or business, and merchandise looks sparse for the most part.”-Steven Azarbad, Maglan Capital, discussing why Sears Holdings is going to die
Eddie Lampert claims that somehow […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
Stop blaming the internet: Japan based Sony is ending its Online U.S. shop in August!
Alabama: Food Outlet shutting down their 27 years old Jacksonville grocery store. Administrators say new competition has “split our customer base in half”, combining that with increasing costs of operations it just wasn’t […] Continue Reading…