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…
Sears Holdings continues with their distribution center culling. This time a distribution op in Georgia going down, in April, more than 150 jobs lost!
First a lawsuit essentially claiming that Sears-Kmart sold ‘stolen’ clothing, now a woman in Oregon says the diamond ring she bought at the Clackamas Town Center Sears is fake. She says […] Continue Reading…
07 January 2015 (14:01 UTC-07 Tango)/16 Rab al’Awwal 1436/17 Dey 1393/17 Yi-Chou 4712
California based Wet Seal said Happy New Year by unleashing their “Store Project” op which will shutdown 338 stores and render about 37-hundred (3,695 according to the press release, that about half its employees) people jobless in 2015!
Store managers have already received specially […] Continue Reading…
JCPenney has announced at least seven more store shutdowns, two in South Carolina, three in Ohio, at least one in Illinois and in New York for 2015. The South Carolina stores will be shutdown at the beginning of March. The Illinois, New York and two of the Ohio stores will close in April. A third Ohio […] Continue Reading…
Sears Holdings announced that a North Carolina Kmart merchandise distribution center will shutdown in April, more than 100 jobs lost!
Sears Holdings has admitted to the SEC (Securities & Exchange Commission) that one of its top stockholders used insider info to sell his stocks on 24 December 2014. The illegal deal made the stockholder $425,360 […] Continue Reading…
According to a WARN Sears is shutting down a Texas home appliance parts distribution center in February 2015. Sears administrators claim the shutdown will actually improve shipments!
One year after a snowstorm collapsed the roof of the last Saginaw, Michigan, Kmart it remains shutdown. Sears Holdings administrators have yet to say anything, their last official […] Continue Reading…