Incomplete list of publicly announced layoffs & shutdowns:
California: What housing market recovery? Prometheus Real Estate Group warned it will layoff dozens of real estate agents across several cities by the end of December. In Santa Anna, ITT Cannon warned of 41 layoffs in December.
Connecticut: Office Depot shutting down stores in two cities; West Hartford and Wethersfield, in […] Continue Reading…
11 December 2014 (15:17 UTC-07 Tango)/18 Safar 1436/20 Azar 1393/20 Bing-Zi 4712
“There will be changes; there will be significant changes.”-Devin Wenig, current ebay president
Reports that iconic internet selling venue ebay is killing off 3-thousand jobs beginning right after xmas!
(by the way, the new ‘official’ corporate way to spell ebay is all lower case)
ebay Administrators […] Continue Reading…
10 December 2014 (15:01 UTC-07 Tango)/17 Safar 1436/19 Azar 1393/19 Bing-Zi 4712
Alabama: In Homewood, Mitt Romney’s Bain Capital controlled Babies “R” Us shutting down in September. The property was sold off.
Florida: In Brandon, the Babies “R” Us store shutdown. Individual reports that the Fort Lauderdale Toys “R” Us was quietly shutdown, and the building […] Continue Reading…
News reports (about a closing Tennessee Toys R Us) revealed that mall owners are working with Sears Holdings to end the lease contract, early, for the Bellevue Sears store.
News reports say customers of the closing Cary, North Carolina, Sears were sent a message giving the exact date of the shutdown. However, the message was […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
More proof the internet is not killing brick-n-mortar stores: Online gaming company Nerd Kingdom laid off an undisclosed number of employees (some reports called it “massive”) and jacked up the cost of playing their video games.
California: Allergan warned that Obama Care is forcing them to kill off […] Continue Reading…
08 December 2014 (13:58 UTC-07 Tango)/15 Safar 1436/17 Azar 1393/17 Bing-Zi 4712
After decades of deal making, in 2002 Cuba held the first Caribbean anti-U.S. economic forum, attended by 14 other Caribbean countries. It’s called CARICOM, an amalgamation of Caribbean Community and Common Market, and can be traced back to the British empire’s West Indies Federation.
This […] Continue Reading…
Incomplete list of publicly announced education layoffs & school shutdowns from January to June 2014:
Alabama: Hoover City Schools laid off nine employees. School officials said that despite a growing student population, local taxes began declining suddenly in 2009-10 (isn’t that when the ‘recession’ officially ended?) and it doesn’t help that Obama Care has drastically […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
Becker’s Hospital Review revealed that by the end of 2013 eighteen U.S. hospitals shutdown as a direct result of problems caused by the Affordable Care Act (Obama Care).
Arizona: PetsMart administrators laid off 176 people from its Phoenix HQ! News reports say the layoffs were the result of pressure […] Continue Reading…
05 December 2014 (12:10 UTC-07 Tango)/12 Safar 1436/14 Azar 1393/15 Bing-Zi 4712
Trendy rich teenager’s clothing store Aéropostale has just upped the ante on their 2014 store shutdown list, bringing the total to 250!
Back in April 2014, administrators with Aéropostale announced they would shutdown about 125 of their P.S. from Aéropostale children’s clothing stores across North America. Administrators also said […] Continue Reading…
“Year-to-date, we closed, or announced for closure, approximately 235 underperforming stores, the majority of which are Kmart stores….
….Revenues decreased approximately $1.1 billion to $7.2 billion for the quarter ended November 1, 2014, as compared to revenues of $8.3 billion for the quarter ended November 2, 2013….
….we do not have commitments from lenders…
…our business…may be […] Continue Reading…