Tag Archives: staples

Business/Economics, Idaho

The lies of economic decline: Pocatello Staples shutdown blamed on the internet!

22 JUL 2017 / 18:56 UTC-07 Tango 06 (01 Mordad 1396/28 Shawwal 1438/01 Bing Wu 4715)

“As customers shift online, we are taking aggressive action to right-size our retail footprint.”-official Staples statement

There are two main lies being propagated by unAmerican corporate America (and the government that supports those corporations): Not enough ‘qualified’ U.S. citizens to fill vacant positions, and internet competition.

Staples on Hurley Drive in Pocatello, Idaho, shutting down in August.

Staples on Hurley Drive in Pocatello, Idaho, shutting down in August.

On 20 July 2017, Mitt Romney co-founded wunderkind Staples announced they will shutdown their Pocatello, Idaho, location in August.  They blame “customers” for shopping online.

Remember, Staples sells online as well as in brick-n-mortar stores.

I’ve pointed out before that online sales aren’t that big.  Just this year Karen Edwards, instructor at University of South Carolina’s College of Hospitality Retailing and Sport Management, stated to local news media that internet sales make up only 10%-15% of all U.S. retail sales!  This is really part of a conspiracy by the retail industry to shift to internet only operations, mainly because the cost of operating a brick-n-mortar store (especially rent and utilities) now outweighs sales at those stores.

Don’t blame the Internet: Idaho internet sales tax collections flat-line!

U.S. RETAIL DEATH SPIRAL: 218% SPIKE IN SHUTDOWNS SINCE LAST YEAR!

U.S. HI-TECH/COMMUNICATIONS BREAKDOWN, MAY 2017: “TERMINATION OF EMPLOYMENT”

MORE ECONOMIC DECLINE: VANITY DIES IN IDAHO

IDAHO’S ECONOMIC DESTRUCTION 2016: “WE PLAN TO SELL IT DOWN TO THE BONES.” “…IT’S CRAPPY…!” 

MORE ECONOMIC DECLINE: ONE FINAL LOOK AT THE IDAHO POSTAL PROCESSING CENTER MOST EAST IDAHOANS DIDN’T EVEN KNOW ABOUT!

SEARS & KMART CLOSING UPDATE 29 SEPTEMBER 2014: CANADIANS CLAIM STORE SHUTDOWNS PART OF CONSPIRACY!

2012, WHAT ECONOMIC RECOVERY? ALL PART OF REIT PLAN TO CHANGE THE WAY YOU SHOP, AND THEY BLAME YOU THE SHOPPER!

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 all – including rich and poor, rural and urban, without regard to age, nationality, race or gender. One is the philosophy of the Board of Governors, former Postmaster General Patrick Donahoe, and some on Wall Street who want to get their hands on the Postal Service’s $68 billion in revenue per year.”-Mark Dimondstein, president American Postal Workers Union

Nobody seems to be paying attention to the fact that Staples and the United States Postal Service (USPS) are continuing a trial deal that has Staples handling your mail.  The move violates the Constitution and federal law!

Reports out of Antioch, California, say a Staples store has been handling U.S. mail by untrained and unsworn (Postal Employees must swear an oath of loyalty and to uphold the Constitution) Staples employees, as well as leaving U.S. mail unattended overnight (a violation of federal law).

The deal with Staples and the U.S. Congress controlled USPS is fully alive despite news reports (during July 2014) which said the deal was dead.  This trial deal involves 80 Staples stores across the U.S. and   according to the Antioch Herald the local Staples store has been operating as a Post Office since November 2013, and apparently still is.

Even the American Postal Workers Union says the deal that was reported dead by main stream news media is alive and well, and the new January 2015 takeover of Office Depot by Staples is part of a larger conspiracy: “In the past year, over the objections of the APWU, consumer organizations, civil rights advocates and teacher groups, Staples has begun offering mail services at its retail stores. In doing so, Staples has replaced highly-trained USPS workers with its own unskilled, low-wage employees. Concurrently, the USPS has reduced hours in some post offices and encouraged customers to use Staples stores instead.

In documents obtained by the union, the Postal Service outlined plans to transfer USPS work to Staples in order to reduce employment and hours of service to the public in neighborhood post offices.”-04 February 2015

Staples takes over Office Depot, 1-thousand closings to follow!

Business/Economics

Staples takes over U.S. Postal Service? Staples takes over Office Depot, 1-thousand closings to follow!

05 February 2015 (11:15 UTC-07 Tango 01)/15 Rabi ‘ath-Thani 1436/16 Bahman 1393/17 Bing Yin (12th month) 4712

After shutting down dozens of stores OfficeMax has sold off Office Depot, and not even for cash!  Mitt Romney wunderkind Staples is the new owner of Office Depot after trading $6.3-billion USD worth of stocks for it!  Reports say 1-thousand stores will be shutdown!

The American Postal Workers Union is challenging the sale, calling it “monopolistic and unlawful”.  The U.S. Postal Service (USPS) recently signed a deal with Staples to contract out your local Post Office jobs to Staples!  The administrators of the USPS admitted the contracting out of postal jobs is to greatly reduce pay and eliminate benefits.

Office Depot joins shutdown gang

Staples ups the ante

24/7 Wall St reporting that eight retailers will close more stores in 2013: Best Buy, Sears Holding (Kmart and Sears stores), JCPenney, Office Depot, Barnes & Noble, Gamestop, Office Max and RadioShack. 

Business/Economics, International, U.S.

What Economic Recovery? Mitt Romney’s Staples to close 75 stores! Downsize 30 more!

26 September 2012, Staples, considered an example of success for vulture capitalist Bain Capital (Mitt Romney sat on Staples’ board of directors for more than a decade), is in big trouble.

On 25 September, officials with Staples announced they will close down 75 stores worldwide (at least 30 in the United States with 15 of those being accelerated closings, 45 stores and delivery businesses in Europe).  Staples will also downsize/relocate another 30 stores in the U.S.

Will the Pocatello, Idaho, Staples make the new closings hit list?

Common sense tells you that means more job losses, even though company officials are claiming that won’t happen.

Sales at Staples are crashing, especially for computers.  Company officials say they are shifting to more internet based business.

For the quarter ended July 2012 Staples reported an overall 6% decrease in sales, compared to the same time in 2011: “Our second quarter results fell short of our expectations due to softer than expected sales trends in North America and ongoing weakness in Europe and Australia.”-Ron Sargent, CEO

In North America sales decreased 3%, but around the world Staples saw a 10% decrease!

Staples has also revised its future sales outlook downward, and is expecting hundreds of millions of U.S. dollars in costs just to close down all those stores!

Mitt Romney, and others with Bain Capital, once called Staples their prime example of success.  Here’s just a sampling of other companies that Bain Capital is involved with: AMC Entertainment, Aspen Education Group, Brookstone, Burger King, Burlington Coat Factory, Clear Channel Communications, Domino’s Pizza, DoubleClick, Dunkin’ Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), Sealy, The Sports Authority, Toys “R” Us, Warner Music Group and The Weather Channel.

Once you start investigating all the companies that Bain Capital is involved with, or affiliated with, it becomes clear that it is unAmerican Corporate America’s vulture (venture) capitalist investment companies that are killing our economy.

And Mitt Romney says as President of the United States he’ll do for the country what he did for Corporate America!

Business/Economics, International, U.S.

Staples Office Supply Going Russian

The worlds largest office supply store, Staples, has joined up with a Russian company, Pragmatic Express.

The two companies will work jointly to serve international customers in Russia.

The deal allows U.S. based Staples to continue its worldwide expansion.  It also allows Staples to take advantage of Russia’s growing economy, while the U.S. economy falters.

Recently the IMF predicted 4.3% economic growth for Russia in 2011.  Compare that to the forecast of 2.3% growth for the United States.  Also, Russia’s unemployment rate is expected to drop to 7.3%, while unemployment in the U.S. is expected stay around 9.6% (www.imf.org).

Pocatello, Idaho.