15 January 2015 (17:04 UTC-07 Tango)/24 Rab al’Awwal 1436/25 Dey 1393/25 Yi-Chou 4712
“The losses were just too great.”-Brian Cornell, ceo
Less than one year after officially opening its first stores in Canada, U.S. based (Minnesota) retailer Target threw in the towel, basically saying the Canadian economy sucks ass! All 133 stores to shutdown and 17-thousand […] Continue Reading…
15 January 2015 (10:16 UTC-07 Tango)/24 Rab al’Awwal 1436/25 Dey 1393/25 Yi-Chou 4712
Wisconsin based Shopko boasted about the opening of its new Salmon (Idaho) store, and about giving away $1.1-million USD to charities, but isn’t saying a word about reports of their planned shutdown of at least 14 stores across the United States.
The Salmon store […] Continue Reading…
15 January 2015 (08:30 UTC-07 Tango)/24 Rab al’Awwal 1436/25 Dey 1393/25 Yi-Chou 4712
Administrators of McDonald’s Japan have apologized for unexplained food contamination (beginning back in 2014 and still ongoing), the latest involves insects and metal found in combo meal burgers and french fries (deep fried potato batons).
Administrators shutdown a McDonald’s Cargill food supplier in Thailand, […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
California: Laying off 57 employees in Palo Alto, Space Systems/Loral finally gave state employment administrators a late WARN! What automotive industry recovery? In San Jose, Capitol Expressway Ford warned they will render 102 people jobless in December! In Lodi, food processor General Mills warned they will render 410 […] Continue Reading…
Incomplete list of publicly revealed U.S. automotive related industry shutdowns and layoff announcements made in the Gregorian year of 2014:
Russian steel company Severstal selling off its factories in Deerborn, Michigan, and in Columbus, Mississippi. At least 25-hundred jobs affected! The company was supplying steel for Ford tough trucks, but the new Ford F-150 will be […] Continue Reading…
11 January 2015 (07:20 UTC-07 Tango)/20 Rab al’Awwal 1436/21 Dey 1393/21 Yi-Chou 4712
After 80 years, Pennsylvania based female clothing store Deb Shops (aka DEB) went chapter 11 bankrupt busted in December, and is now going down! All 287 stores across the United States will shutdown by April.
No word on how many people will become jobless, […] Continue Reading…
11 January 2015 (07:07 UTC-07 Tango)/20 Rab al’Awwal 1436/21 Dey 1393/21 Yi-Chou 4712
Florida based women’s ‘clubbing’ clothing chain store Body Central suddenly decided to shutdown all 265 stores in the United States, 2-thousand 5-hundred jobs lost!
In 2013 the city of Jacksonville approved $244-thousand USD in local tax breaks, to help the company move from one […] Continue Reading…
11 January 2015 (06:55 UTC-07 Tango)/20 Rab al’Awwal 1436/21 Dey 1393/21 Yi-Chou 4712
On 07 January 2015, Ohio based Macy’s department store announced new shutdowns for 2015. At least 14 stores to be shutdown and as many as 2-thousand 5-hundred people to be rendered jobless!
In the following list, those stores in bold letters are the […] Continue Reading…
Incomplete list of residential and commercial construction industry job destruction that took place, or were announced, from July to December 2014:
The U.S. Commerce Department reports a 9.3% drop in new U.S. home construction in the month of June. When broken down by region, the southern states led the country with a 29.6% drop! This is […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
Florida: For profit Full Sail University laid off 50 employees. Puerto Rico based Banco Popular North America issued a WARN saying 108 people will be laid off by the end of December!
Georgia: Atlanta based (NBC, Blackstone and Mitt Romney’s Bain Capital owned) Weather Channel laid off 40 employees. About 40 […] Continue Reading…