In Longmont, Colorado, plans were unveiled for a Kmart property that’s been vacant for the past five years (before I started this shutdown list). It sounds ‘racist’ to me but local city and retail administrators are calling it 11 acres of “Latino Marketplace”. Plaza Medina will be the new name and will offer retail and […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
California: Once again Boeing issued several WARNs, this time at least 94 people will be laid off by the end of April. Due to the hostile take over by Cerberus Albertsons, Safeway issued several more WARNs saying at least 132 people will lose their jobs in Pleasanton […] Continue Reading…
17 March 2015 (16:10 UTC-07 Tango 01)/26 Jumada I-Ula 1436/26 Esfand 1393/27 Ji Mao 4713
Only one city council seems concerned with the shutdown of east Idaho’s only mail sorting and processing center; Pocatello. This is despite the fact the closure will affect all of eastern Idaho!
What’s worse it seems that even the residents of […] Continue Reading…
16 March 2015 (08:22 UTC-07 Tango 01)/25 Jumada I-Ula 1436/25 Esfand 1393/26 Ji Mao 4713
“I thought it was just a rumor.”
“They’ll just move the work to Clark Street Post Office.”
“There’s a Postal Processing Center here?”
These are most common responses I got from talking to fellow east Idahoans. 18 April 2015 is the last […] Continue Reading…
14 March 2015 (16:28 UTC-07 Tango 01)/23 Jumada I-Ula 1436/23 Esfand 1393/24 Ji Mao 4713
“The United States Postal Service is a wonderful national treasure, enshrined in the Constitution and supported by the American people. Without any taxpayer funding, the USPS serves 150 million households and businesses each day, providing affordable, universal mail service to […] Continue Reading…
In Tennessee, a woman was caught trying to walk out of a Kingsport Kmart with an entire jewelry countertop display case. Police say it had $9-thousand USD worth of earrings in it. Store employees say the woman was so brash that she openly cut a security cable with wire cutters before putting the display case […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
Arizona: Local news media claiming the biggest employer in the Grand Canyon State, Asarco mining company, will layoff 160 people in Pinal and Gila counties! Asarco administrators blame the layoffs on an 80% crash in the price of copper.
California: Iconic Frederick’s of Hollywood announced it must shutdown […] Continue Reading…
“…we are currently targeting between 200 and 300 Sears and Kmart stores will be sold to the REIT. It’s premature to address possible stores that would be included.”-Howard Riefs, Sears Holdings
“We have made progress and are proceeding toward its [REIT] formation and separation, which is projected to occur in May or June this year.”- […] Continue Reading…
03 March 2015 (16:22 UTC-07 Tango 01)/12 Jumada I-Ula 1436/12 Esfand 1393/13 Ji Mao 4713
Not even two months after making investors happy and suddenly exiting the Canadian market (and killing off 17-thousand jobs overnight), and not even one week after killing off 550 jobs at its Minnesota HQ, Target announces “several thousands” of job cuts for the United […] Continue Reading…
“These stores didn’t close because they were poor performing. In fact they were good performing stores, they were good markets for us. The value for early termination of our lease that we were being offered was significant. In round numbers probably 20 times what we could have made in net profit over the course […] Continue Reading…