16 November 2012, Sears Holdings reported a 23rd consecutive quarterly drop in sales, for its third reporting quarter this year.
A $498 million USD net loss (at the same time last year it was a $421 million loss)! The loss is mostly blamed on a sales drop of 5.8% (but don’t forget that Sears reduced […] Continue Reading…
“Workers who clean the royal houses for millions of visitors to enjoy will not tolerate poverty pay.”-Mark Serwotka, Public and Commercial Services union
Apparently unaware of the economic conditions for the average Brit, the Queen of England recently advertised for a maid on her website. The Queen, who gets a huge amount of her wealth […] Continue Reading…
14 November 2012, Sears Holdings reports it has completed it’s sell off of about 44% of its stocks in Sears Canada. According to reports Sears Holdings issued the shares of Sears Canada only to those investors who were Sears Holdings stock holders. Sears Holdings/Hoffman Estates still controls 51% of Sears Canada.
This comes as Sears […] Continue Reading…
13 November 2012, more closings announced. A Kmart in West Virginia and a Sears in Oklahoma.
One of the stores is owned by General Growth properties (GGP). GGP officials say they are still deciding what to do with their other Sears stores.
Here’s the updated list:
Arizona: Scottsdale Sears/Great Indoors, Chandler Sears/Great Indoors.
Alabama: Gadsden Kmart (50 jobs […] Continue Reading…
12 November 2012
In Helmand Province, Mujahideen blew up a bulldozer with an 82mm recoilless gun. It happened at a U.S./NATO outpost in Charkhakyano Manda area of Sangin district.
ISAF said: “An International Security Assistance Force service member died following an insurgent attack in eastern Afghanistan today.”
In Paktia Province, Mujahideen claim U.S./NATO forces abandoned one of […] Continue Reading…
13 November 2012, now U.S. Marines Corps General John Allen is being investigated for “inappropriate communications” with females who’re connected to the David Patreaus affair.
I posted how the Patreaus affair might just be an excuse for the former Army General to stop working for President Barack Obama, after all some U.S. media sources said […] Continue Reading…
“I can testify from my own experience that the church covers up, silences victims, hinders police investigations, alerts offenders, destroys evidence and moves priests to protect the good name of the church.”-Peter Fox, New South Wales Detective Chief Inspector
“I would say please get the Jillings report published because it shows… rape, bestiality, violent assaults […] Continue Reading…
On 08 November 2012, there was a conference, put on by Mergermarket, in which analysts warned that the 7,000 small banks left in the United States could soon be reduced to just a few hundred.
The analyst, many of whom work for the Too Big to Fail banks, said that at least half of all […] Continue Reading…
“There isn’t a Kmart left in the area. This is not their strong suit. But they’ve been a good tenant over the years and good for Streator. Streator had nothing without them. We were happy to have them as long as we did.”-Wayne Fieldman, retail property owner
10 November 2012, it was revealed that a […] Continue Reading…
“In the next few days, we need an agreement on further measures in Greece and additional aid from the other euro area countries to ensure debt sustainability.”-Joerg Asmussen, European Central Bank (ECB)
This statement comes after Greece enacted more government spending cuts, and the Greek Prime Minister promised no more.
Asmussen, of the ECB, said even with […] Continue Reading…