Business/Economics, Idaho, U.S.

More Economic Decline: East Idahoans oblivious to shutdown of their only Postal Processing Center!

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…

Business/Economics, U.S.

Corporate Evil: USPS & Staples continue ‘trial’ deal to run Post Offices!

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…

Business/Economics

Sears & Kmart closing update, 10 March 2015: Montana city losing, yet gaining Sears store? After 13 years abandoned Kmart finally has new tenant!

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…

Business/Economics

U.S. Job Losses & Store Closings, 19 – 22 February 2015: “It absolutely killed us…” ObamaCare kills off 191 years old company! “There’s money here….but the future is a question.” “We will truly miss you.”

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…

Business/Economics

Sears & Kmart closing update, 04 March 2015: At least seven Appliance & Hardware stores shutting down! More taxpayers paying for abandoned Kmarts!

“…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…

Business/Economics

Target going down? “Thousands” of U.S. jobs to be culled!

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…

Business/Economics

Sears & Kmart closing update, 02 March 2015: Lampert calls crashing sales “upbeat” then announces shutdown of 300 more stores! Sears Canada makes money shutting down stores, & yes, taxpayers are screwed over again!

“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…

Business/Economics

U.S. Job Losses & Store Closings, 17 – 18 February 2015: “The hits just keep on coming!” Texas police state kills more jobs! “It’s all over!” More lies about oil industry layoffs!

Incomplete list of publicly announced layoffs & shutdowns:

California: Dreamworks Animation issued several WARNs saying 517 people working in Redwood City and Glendale will become unemployed in April! In Modesto, Obama Care forcing rehab center operator Centrex to issue a WARN saying they are shutting down by August, 163 jobs lost!   In Bellevue just north of […] Continue Reading…

Business/Economics

U.S. Food Crisis, February 2015: No more Poppin’ Fresh? Boston Weak property owners more destructive than terrorists! No more Chiquita bananas? USDA warns of becoming dependent on food from other countries?

Incomplete list of announced United States food supply shutdowns for the month of February, 2015: Many food suppliers/distributors are consolidating operations and killing jobs due to the collapsing grocery store and restaurant industries, as well as rising costs of food production.

The U.S. Department of Agriculture’s (USDA) February Outlook for U.S. Agricultural Trade shows continuing […] Continue Reading…

Business/Economics

U.S. Job Losses & Store Closings, 13 – 16 February 2015: “I don’t think the entire truth is here because it’s NOT about money!” California flooded with massive WARNs about massive layoffs & shutdowns for April!

Incomplete list of publicly announced layoffs & shutdowns:

California: The day after I wrote that state Employment Development Department stopped posting WARNs, BOOM, now there’s a whole lotta new WARNs posted! Apparently a lot of companies were late in notifying state administrators about their layoffs and shutdowns! In Santa Monica, International Coffee & Tea issued a […] Continue Reading…

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