Category Archives: Business/Economics

“Shit’s bleak….” “I’m just getting out of this before I’m forced out!”: U.S. retail/banking/service sector collapse, July 2017

Incomplete list of U.S. retail/banking/service sector job loss announcements and shutdowns made or announced in July 2017:

Arkansas: Christian founded Bentonville based Walmart suddenly laid off an undisclosed number of HQ employees in the name of “creating efficiencies”.  In Keo, after 50 years Morris Antiques announced on Facebook they shutdown.

 California:  In Fresno, mini-golf joint Boomers shutdown because “We lost our lease”.  In Newport Beach, after seven decades Bay Arcade shutdown by new owners who’re spending millions to turn it into a donut shop.  San Francisco based Too Big to Jail Wells Fargo laying off 70 executives as part of a bigger plan to eliminate thousands of jobs across the U.S.  Too Big to Jail Bank of America shutting down its offices in Lakeport and Ukiah in November.  In San Ramon, Bank of the West eliminating 54 jobs by mid-September.  San Francisco based clothier Gymboree announced the shutdown of 350 stores across the U.S., thousands of jobs lost, click here to see the list.  Vernon based True Religion Apparel now chapter 11 bankrupt busted blaming crashing sales, at least 27 stores across the U.S. shutting down.  Clothier BCBG Max Azria issued a mass layoff WARN for its Vernon ops, 492 jobs gone by September (don’t blame the internet, they offer free shipping on their website)!    Interviewing Service of America issued a shutdown WARN for its Alhambra ops, 66 jobs gone by mid-September.  The Ritz-Carlton shutting down its location in Half Moon Bay by mid-September.  Build-A-Bear Workshop issued a shutdown WARN for its Anaheim location, 99 jobs gone by mid-September.   Ebisu Marketing-Hotei Marketing issued a shutdown WARN for its Los Angeles operations, 116 jobs gone by September!   Sports marketing company Competitor Group couldn’t compete and issued a shutdown WARN for its San Diego ops, 145 jobs gone in November!

Colorado: In Sterling, JCPenney shutdown its store in the High Plains Shopping Center.  Payless Shoesource also shutdown a store in Sterling, along with two other Payless stores across the state.

Connecticut: In Unionville, after 143 years (!) Parsons Paint & Hardware shutdown, the family owners blaming it on “hardware burnout”.  British empire based Too Big to Jail RBS (Royal Bank of Scotland) issued yet another layoff WARN, this time 23 jobs gone in September.

Florida:   More than 80 years old formal wear retailer Alfred Angelo went chapter 11 bankrupt busted and shutdown all its stores across the U.S. without warning, pissing off thousands of customers waiting for paid orders to be filled!  In Daytona Beach, after 59 years the last local bowling alley Bellair Lanes shutdown.  PHH Mortgage Corporation eliminating 15 jobs in Jacksonville by October.  British empire based Too Big to Jail HSBC issued a shutdown WARN for its ops in Brandon, 197 people laid off on top of the 357 laid off in April!  Outdoors store Gander Mountain eliminating 119 jobs by the end of August!

Hawaii: In Pearl City, Pictures Plus Interiors shutting down in August.

No more "well loved by customers" pawn shop on Yellowstone Avenue, Pocatello, Idaho.

No more “well loved by customers” pawn shop on Yellowstone Avenue, Pocatello, Idaho.

Idaho: It was discovered that 50 years old, ‘well loved by customers’ (according to Facebook postings) Shamrock Rare Coins (aka Amy’s Shamrock Coins) pawn shop secretly shutdown, even the official website is offline.   Mitt Romney co-founded wunderkind Staples announced it will shutdown its Pocatello store in August, falsely blaming “customers” for shopping online.

Illinois: What housing market recovery?  In Bridgeview, after 40 years Advantage Carpets Plus Colortile shutdown, the owner says he is only semi-retiring because his wife doesn’t want him to fully retire.  In Chicago, after more than ten years Permanent Records shutting down so the owners can focus on their newer operations in California.  Par-A-Dice Hotel Casino laid off 20 people due to crashing revenue.  In Hinsdale, after 53 years York Barber Shop shutdown, the owners complained “There’s too much competition. It used to be there were barbershops and beauty shops and that was it. There weren’t all these unisex places.”  

Iowa: In Waterloo, after 104 years (!) Robin’s Surplus shutting down in September: “….we’ve been gradually decreasing in business over the last 10 years. We’ve noticed the decline, based on internet sales. I even polled my kids and asked where the bought all the Christmas stuff and the bought it on the internet.”-Gary Ritter, co-owner

Kansas: In Parsons, after four decades Sullivan Furniture shutdown due to family health problems.  After only two years in the Wichita Mall clothing store Foggy Bottom shutdown, no reason given.

Louisiana: In Lafayette, after 15 years flower shop The Gardenaire shutdown, the owners will focus on wholesale saying “We just can’t compete….People don’t come in like they used to. It’s just changing times.” 

Maryland: Laurel based Rent-A-Wreck of America now chapter 11 bankrupt busted, blaming it on a never ending lawsuit with the company’s founder.  In Hagerstown, Bon-Ton shutting down when the lease expires, 55 jobs lost by February 2018.  After 32 years non-profit arts & crafts operation Baltimore Clayworks went chapter 7 bankrupt and shutdown after a deal to sell the financially struggling operation fell through. In Havre de Grace, Stirling Bridge Jewelry and Gifts shutting down, saying on Facebook “For a variety of reasons, foremost being the rapid decline of business in downtown Havre de Grace and the mass exit of numerous other businesses during this last year, Stirling Bridge Jewelry & Gifts will be relocating to Delaware….”  First Potomac Realty Trust issued WARNs for two locations, 72 jobs gone by October.

Massachusetts: Boston based Too Big to Jail Fidelity Investments continues killing jobs, this time hundreds of employees were suddenly laid off!  It was also reported that Fidelity Investments  bribed (buyouts) 1-thousand-5-hundred employees to quit! Boston based shoe and clothing retailer Nader-The Tannery now chapter 7 bankrupt busted.

Michigan: In Detroit, after 124 years (!) the country’s oldest hat retailer Henry the Hatter shutting down due to a greedy landlord.

Minnesota: In Red Wing, after 27 years Al’s Antique Mall shutdown, the owner saying “The whole customer has changed and it’s a new generation. What you once thought was rare is now on ebay.”  In Granite Falls, after 38 years Willie’s Corner Store shutting down in August because nobody wanted to buy it: “This was very disappointing to think that no one wants to continue what you have been doing for years to keep Willies alive.”-Penny Krogstad, co-owner

Montana: In Great Falls, after more than 25 years Hobby Land shutdown, the owner said she was ready to retire.

Nebraska: In Lincoln, Bishop Heights True Value hardware store shutting down, saying on Facebook the store “just (does) not have the sales we need to continue operating.” 

New Hampshire: In Dover, after only four years, and even moving to a newer location with cheaper rent/utilities, Spun Records shutting down in August due to lack of sales.  I guess all that main stream news media (fake news) hype about records making a comeback was just hype.

New Mexico: In Albuquerque, after 34 years Grandma’s Music and Sound shutdown, the owners told local news media the risks of retail now outweigh the rewards.

New York: At JFK Airport, Command Security lost its contract with FedEx, 46 jobs gone by the end of August.   Also at JFK, DAL Global lost its contract with Virgin Airways, 49 jobs gone by the end of October.  Courtyard by Marriott LaGuardia Hotel shutting down, 144 jobs gone by October!  Commercial bank contractor Gannett National Shared Services eliminating 31 jobs by the end of October.  Conduent Business Services eliminating 59 jobs by the end of September.  In Brooklyn-NYC, after more than seven years hangout joint The Rock Shop shutdown, the manager saying “Rent’s too high, taxes are too high. Too much development happening on Fourth Avenue!”  In Rochester, after 29 years Lakeshore Record Exchange shutting down in September, the owner says more people listen to music than ever before, just not in the format he sells.  Sports venue Yard Sports Village-Warwick Yard now chapter 11 bankrupt busted.  In Buffalo, after 25 years clothier Urban Leisure and Luxury shutting down by the end of August because the owners want out of the retail industry.  In Pearl River, after more than 60 years Mel’s Army-Navy Center shutdown due to the owner not finding a buyer: “People don’t want to get into the retail industry anymore. The store was doing fine, but no one was really looking to take it over.”-Chris Frawley, owner

North Carolina: High Point based Dynamic International Airways now chapter 11 bankrupt busted due to lawsuits.  Non-profit animal rescue op Duke’s Animal Haven shutdown “Due to circumstances beyond our control…….effective immediately.”   In Chapel Hill, DSI Comedy Theater shutting down by the end of August, due to the owner being accused (but never charged) of sex crimes.  In Washington, after four years The Blue Crab Monograms and Gifts shutdown because the owner got a job as a high school teacher.

Ohio:  In Painesville, after 23 years Grande Designs Floral shutdown officially so the owner can retire, but local news media discovered the store, and inventory, is now “bank owned” and for sale.  In Kettering, after 39 years clothing store Elan shutdown due to family health problems.  In Fostoria, after 25 years Steinacker & Sons Ace Hardware shutdown, the owners lamenting “Unfortunately, we just couldn’t keep it going.”

Oregon: In Portland, after 15 years Newspace Center for Photography suddenly shutdown due to the discovery that the non-profit art gallery was broke!  After five years the Action/Adventure Theatre shutdown saying “It’s become increasingly difficult for small arts spaces like ours to survive in Portland and while we are heartbroken that this city has to lose yet another venue, we can no longer shoulder the financial burden of maintaining our theater.”  A writer for The Portland Mercury reacted to the sudden shutdowns of two art venues by saying “Shit’s bleak, you guys.” 

Pennsylvania: Stauffers of Kissel Hill shutdown its 53 years old shop in Oregon Pike saying it was too small to compete with big-box.  In Pittsburgh, baby furniture store Good Night Baby shutdown without warning, the owner told a local news TV channel that he was on vacation, however, a note taped to the door stated the store was closed due to “market conditions”.  Local news media reported dozens of customers were still waiting for orders that they already paid for.   In Philadelphia, after 52 years Snyderman-Works Galleries sold-off and shutting down so the owners can retire.  In Erie, after 55 years Fisher Jewelers shutting down when the inventory is gone.  Silver Creek County Club shutting down by September.

Texas:  Katy based Academy Sports & Outdoors suddenly laid off 1-hundred people, blaming it on “the changing needs of our customers”!  Stage Stores shutting down its 47 years old Bealls store in Corpus Christi, in September, because of the greedy landlord (Trademark Properties).  In Brownsville, after 110 years (!) R.H. Lackner’s Fine Jewelry & Gifts shutting down, the owners blaming declining customers from Mexico: “The Mexican business has been a factor. It used to represent about half our business. I don’t see it coming back.”-Bobby Lackner

Virginia: In Danville, after 71 years M&M Furniture shutdown so the owner could retire.  In Waynesboro, after 30 years Valley Framing Studio and Gallery shutdown, the owner saying “It’s about time to enjoy life…”   Nordstrom shutting down its 15 years old store in Dulles Town Center because “…we feel we can serve our customers better at our other area stores and online.”

Wisconsin:  In Wauwatosa, after 93 years Daly’s Pen Shop  shutdown with the owner warning other mom&pop retailers by saying “I’m just getting out of this before I’m forced out!”  In the same city Bartz’s party store suddenly shutdown as part of a corporate plan to shift to online sales only.

U.S. RETAIL/BANKING/SERVICE SECTOR COLLAPSE, JUNE 2017: “WE HAVE A STORE CLOSURE INITIATIVE”, “RETAIL IS PRETTY MUCH GONE!”

SEARS KMART DEATH SPIRAL, JULY 2017: “WHERE DID ALL THIS MONEY GO?” “THAT’S THE END OF THE GAME.”

U.S. INDUSTRIAL/MINING/LOGISTICS LAYOFFS, JULY 2017: “BUSINESS HAD DECLINED SINCE 2008″

Dumbing Down the U.S.A., July 2017: “OF ALL THE MONEY WE SPEND ON EDUCATION, LESS THAN 32% GOES TO TEACHERS.”

U.S. HI-TECH/COMMUNICATIONS BREAKDOWN, JULY 2017: “EVERYONE IS SHELL-SHOCKED!” 61% CRASH IN PROFITS!  

U.S. government shenanigans, July 2017: “THEY GAVE ME NO REASON FOR CLOSING IT”

U.S. food crisis, July 2017: “WE ARE CLOSING……WE HAVE NO CHOICE”

ObamaCare ACA death spiral, July 2017: 250-THOUSAND JOBS KILLED! “REGRETTABLY, THERE IS NO END IN SIGHT”

OBAMA LEGACY: DEATH OF ‘OUTDOORS’ STORES, AND DON’T BLAME THE INTERNET!

OBAMA LEGACY: U.S. APPAREL INDUSTRY DEATH-SPIRAL “I HAVE NO CLUE. IT JUST DOESN’T SEEM TO BE WORKING…”

“Business had declined since 2008″: U.S. industrial/mining/logistics layoffs, July 2017

Incomplete list of U.S. Mining/Industrial/Logistics job loss/shutdown announcements made in July 2017.

Alabama: McClarin Plastics shutting down its four years old factory in Elmor, in August. Local news media said peak employment was 230 people!

 California: Penske Vehicle Services issued a shutdown WARN for its Torrance location, 15 jobs gone by mid-September.   Germany based industrial seal maker EagleBurgmann Industries issued a shutdown WARN for its Lakeside operations, 81 jobs gone by mid-September.   Boeing issued yet more layoff WARNs, this time 75 jobs gone by mid-September.  Payless Shoesource issued a shutdown WARN for its Redlands distribution center, 140 jobs gone by the end of September!

Florida: Brunswick-Sea Ray Boats suddenly laid off 90 people and furloughed another 130, at its Palm Coast factory!   More railroad layoffs, Jacksonville based CSX announced an additional 7-hundred layoffs on top of the 1-thousand laid off earlier this year!

Georgia: What housing construction industry recovery?  One of the biggest carpet makers in the U.S.,  Beaulieu, is now chapter 11 bankrupt busted.  The 40 years old carpet maker blames it on crashing sales.

Illinois: Wholesale broker Aclara SGS suddenly shutdown its operations in Champaign, 79 jobs gone due to loss of contract.   Pacific Coast Feather Company issued a shutdown WARN for its Des Plaines ops, 29 jobs gone due to being taken-over by a competitor.   Amcor Rigid Plastics issued a shutdown WARN for its Batavia factory, 110 jobs gone by March 2018!  What home construction industry recovery?  Pace Industries issued a shutdown WARN for its kitchen cabinet ops in Chicago, 120 jobs lost between September and November!  Glass maker PPG issued a shutdown WARN for its Chicago ops, 55 jobs gone by October.  Window blind maker Newell Brands issued a shutdown WARN for its factory in Downers Grove, 138 jobs gone by June 2018!  HVAC company Standard Refrigeration issued a shutdown WARN for its factory in Wood Dale, 102 jobs gone by the end of September!  Kane Warehousing issued a layoff WARN for its Romeoville ops, 178 jobs gone by mid-September due to loss of contract!

Indiana:  Donald Trump’s favorite HVAC company Carrier going through with mass layoffs, 630 people will become jobless between now and the end of the year, due to Carrier shifting the jobs to Mexico!  In Huntington, United Technologies eliminating 7-hundred jobs! 

Iowa: Germany based shoe maker/seller Adidas shutting down its Sports Licensed Division office in Cedar Rapids, 120 jobs gone (according to local news reports, but official WARN says 98 jobs) due to Adidas’ exit from NBA licensed products!

Maine: Verso permanently shutdown a paper mill, 120 jobs gone due to crashing sales of paper!  The same mill was temporarily shutdown in November 2016, for the same reason.  What construction industry recovery? Potvin Construction now chapter 7 bankrupt busted and liquidating, blaming it on a lawsuit.

Maryland: The largest energy ‘retailer’ across North America, Direct Energy, eliminating 108 jobs in Columbia by mid-September!  What automotive industry recovery?  Sweden based Volvo suddenly laid off employees in Elkridge.

Minnesota: Bankrupt Mesabi Metallics-Essar Steel Minnesota being taken over by a competitor, 25 people are expected to lose their jobs.

New York: Box maker West Rock issued a shutdown WARN for its factory in Wheatley Heights, 152 jobs gone by mid-October! CEVA Logistics issued a shutdown WARN for its Waterford ops, 42 jobs gone by the end of September due to loss of contract.  What housing construction industry recovery?  Window supplier Zeluck suddenly shutdown its Brooklyn-NYC location, 49 jobs gone.

North Carolina: DuraFiber Technologies issued a factory shutdown WARN for two fatories, 462 jobs gone in September!  The factories are now for sale, the company will continue operations in Germany, France and Mexico.  Parker Hannifin Corporation-Filtration Group shutting down its factory in Washington city, more than 2-hundred jobs lost to consolidation of operations to outside the state.

Ohio: In Chillicothe, engineered materials maker Glatfelter laying off 90 people at its Paper Machine 24 factory, saying “The supply-demand imbalance in the printing and writing markets continues to put pressure on industry operating rates and selling prices.”

Oklahoma: Oil company ConocoPhillips said it eliminated an undisclosed number of jobs due to an ‘asset sale’.

Pennsylvania:  Engineered materials maker Glatfelter laying off 30 people in Spring Grove.  More railroad layoffs as GE (General Electric) Locomotive continues killing jobs, this time 575 people in Erie becoming jobless by the end of 2018 as GE consolidates production to Texas!  Altria Group -John Middleton shutting down its cigar factory in Limerick, 78 jobs gone in September.  HVAC company Elliott Lewis Corporation (ELCO) laid off 74 people in Philadelphia, due to loss of contract.  Graham Thermal Products issued a shutdown WARN for its ops in New Castle, 61 jobs gone in September.

South Carolina: North Carolina based DuraFiber Technologies shutting down its factory in Winnsboro, about 40 jobs gone in September, the factory is now for sale.

Tennessee: More railroad layoffs, Norfolk Southern shutting down its Knoxville HQ, consolidating about 50 HQ jobs to locations outside the state.  Memphis based FedEx (Federal Express) shutting down all 26 locations in Canada, 2-hundred jobs lost as FedEx exits its 32 years of Canadian shipping in August!

Washington: Interstate Label Company suddenly went chapter 7 bankrupt busted and was liquidated, the owner said “Business had declined since 2008….”  Boeing issued another layoff WARN, 220 jobs gone by mid-September!  APM Terminals shutting down its Tacoma ops by mid-September.  Custom packaging maker KIK Tacoma issued a shutdown WARN for its Tacoma ops, 20 jobs gone by mid-August.

West Virginia: After 80 years Kanawha Electric & Machine suddenly shutdown, the owners blaming the high number of mining industry bankruptcies for its crashing orders.

Wisconsin:  What automotive industry recovery? Harley Davidson announced more layoffs, this time 183 people at two U.S. factories will become jobless due to a 9% drop in sales!

Mining/Industrial/Logistics layoffs, June 2017: “CIRCUMSTANCES BEYOND OUR CONTROL”

“we have a store closure initiative”, “Retail is pretty much gone!”: U.S. Retail/Banking/Service sector collapse, June 2017

Incomplete list of U.S. retail/banking/service sector job loss announcements and shutdowns made or announced in June 2017:

“Employment in retail trade declined by 30,000 in March. Within retail trade, employment in general merchandise stores declined by 35,000 over the month and 89,000 since reaching a recent employment high in October 2016.”-U.S. Bureau of labor Statistics

The velocity of change is unlike anything we’ve ever seen. Before, things happened over a generation; now they’re happening overnight.”-Matthew Shay, National Retail Federation

Alaska: Pennsylvania based law firm K&L Gates shutdown its office in Anchorage.

 California:  Bankrupt 108 years old retailer Deardens issued shutdown WARNs for five locations, more than 420 jobs gone by August!  Deardens specialized in selling to immigrant workers, but administrators say “It seems like in today’s climate, a lot of our customers are hiding.”  Teen clothier Papaya Clothing now chapter 11 bankrupt busted affecting 1-thousand-3-hundred employees!   San Francisco based children’s clothier Gymboree now chapter 11 bankrupt busted, as many as 450 stores across the U.S. shutting down, thousands of jobs lost!   Louis Vuitton shutting down a San Francisco store by September.  Security company Blacktalon shutdown ops in Napa, 90 jobs gone.  In Indio, Wyndham Vacation Ownership eliminating 62 jobs by the end of August.  Hotel Managers Group issued a shutdown WARN for its San Diego ops, 90 jobs gone by mid-August.  Also in San Diego, Lucky Lady Casino and Cardroom issued a shutdown WARN, 77 jobs gone by the end of August.  In Long Beach, Kammel Enterprises laying off 35 people by the end of August.   In Santa Barbara, after four decades Glenda’s Party Cove shutdown.  In Big Sur, vacation ‘retreat center’ Esalen Institute laid off 45 people and shutdown due to storm damage.  San Francisco  based Too Big to Jail Wells Fargo eliminating 70 regional/area president positions. In Canyon Country, after 20 years Beverly’s Fabrics & Crafts shutting down by the end of August, as part of corporate’s plan to shift to internet sales only.   What automotive industry recovery?  J&T Motors shutting down its Valencia Nissan operations, 61 jobs gone by the end of August.  In Lancaster, JHH Motorcars conducting mass layoffs at its Sierra Toyota ops, 123 jobs gone by mid-August!  In Berkeley, after 41 years cool Dark Carnival Fantasy & Science Fiction Bookstore shutting down when the massively discounted inventory is gone, due to crashing sales.  Also in Berkeley, bookstore The Escapist is threatening to do the same.  In Turlock, after more than 20 years home decor store Silk Garden shutdown, the owner explained “Everything came together at the right time.”  In Ventura, after 90 years Avenue Hardware shutdown (it still sold tools that are out-of-production), the owner reminding people that “It’s 100% important to support local businesses because your money stays local instead of going out of state. You buy local, you employ local people and you’re helping the community. It’s getting harder and harder to run small businesses and make a living out of it unless you have a niche (but) there’s a need for it.”

Georgia: In Athens, after 49 years Bulldog Sporting Goods shutting down, owner Woody Chastain bemoaning “Retail is pretty much gone! When you see Sports Authority close all their stores, when you see Ralph Lauren close its flagship store and say they’re going online, when you see Nike saying they will start selling on Amazon, it’s just different. Too many people carrying the same stuff!”

Illinois:  Thrift store Savers issued shutdown WARNs for stores in Chicago and Bellwood, about 1-hundred jobs gone by the end of August!  Gift store Things Remembered shutdown its Alton Square Mall store, the staff were ordered not to talk to local news media.  Also at Alton Square Mall, gift store Kirlin’s Hallmark shutting down when the inventory is gone.

Indiana: In Fort Wayne, after 91 years Sunny Schick Camera Shop shutting down so the owner can “wrap it up and take it easy for a while.”

Iowa:  In West Des Moines, Too Big to Jail Wells Fargo eliminating at least 32 jobs by mid-August.

Kentucky: In Cold Spring, Geiman Furniture Gallery shutting down when the inventory is gone, so the owner can retire.  In Danville, after 43 years Main Street Furniture Market shutting down due to the greedy property owners wanting to split the building into smaller spaces.

Massachusetts: Clothing consignment chain store 2nd Time Around suddenly died, all remaining 23 stores shutdown, blaming online competition and greedy landlords: “Because of a convergence of market forces hitting all brick and mortar stores – including increased competition from online retailers combined with skyrocketing rents….”-official 2nd Time Around statement

Michigan: In Bloomfield, after four decades Hillside Contemporary Furniture shutdown by its new owner, a competing furniture seller.  Craft store Mary Maxim shutting down its decades old brick-n-mortar store in Port Huron, as part of its plan to shift to online selling.

Minnesota: In Moorhead, Tot Spot Moorhead Childcare suddenly shutdown, local news stated that the daycare center always “struggled with staffing, licensure, etc.”

Montana: In Great Falls, after 52 years His & Hers Coins shutdown, the owner Debbe Harris lamented “People are no longer into hobbies like they once used to be.”

New Jersey: In Montclair, after 70 years Hampton House Furniture shutting down, the owners saying “now is the right time”.  Cherry Hill Holiday Inn eliminated 82 jobs.  In Morristown, after 41 years Elephant Nose Pet Center shutdown, the owners blamed “…Millennials…who buy online.”  However, the pet shop owners will continue their pet sitting service, which they claim has “exploded” since the ‘millennials’ came to town. Secaucus based The Children’s Place clothier throwing in the towel and shutting down 3-hundred stores by 2020 after already quietly shutting down 142, it’s all part of a master plan to kill thousands of jobs, CEO Jane Elfers told USAToday that “we have a store closure initiative”.   Mahwah based clothing chain store operator Ascena Retail Group-Ann Taylor-Lane Bryant-Dressbarn-Maurices-Catherines-Justice-Total Kids Fashion throwing in the towel after a $1-billion USD crash in sales across the board with all its fashion brands, 250 stores being shutdown by the end of the year with another 4-hundred store shutdowns after that, tens of thousands of jobs lost by 2019!  But don’t blame the internet, the brands Ascena Retail Group sells are available online, and don’t just blame it on crashing sales blame the brick-n-mortar store shutdowns on greedy landlords: “Over the next two years, we expect to close or achieve substantial rent reductions in more than 650 stores, which represent almost 25% of the total store population with lease term maturity between 2017 and July of 2019.…”

New Mexico: In Albuquerque, record store Krazy Kat shutdown after 32 years: “Because I haven’t made money here in probably three years!”-Edward Stange, owner

New York:  W. P. Carey-Carey Financial & Retail eliminating at least 60 jobs between now and September.  GTA Americas notified the state that it’s outsourcing its Operations and Finance Departments, in September.   In Buffalo, after four decades The Record Theatre record store shutting down in August, due tothe death of the owner.   Bankrupt Gander Mountain outdoors store issued shutdown WARNs for seven stores, 264 jobs gone by the end of August!  American Racing and Entertainment shutting down its Vernon Downs due to lack of state tax relief for the money losing casino: “We are hopeful that at the end of the day the Assembly will join the Senate in passing legislation that will help Vernon Downs keep its doors open. However, every day that we remain open, we simply lose more money and are forced to begin the process of closing Vernon Downs…  …we employ hundreds of local workers, we provide millions of dollars in taxes to the local community….”

What automotive industry recovery?  IEH Auto Parts-Auto Plus issued a shutdown WARN for its Amherst store, 38 jobs gone by the end of September.  In Binghamton, after 60 years Murray’s Auto Repair shutdown.

North Carolina: In Jacksonville, after 23 years Cotton Patch Quilt Shoppe shutdown so the 70 ears old owner can retire.

North Dakota: In West Fargo, after seven decades Stars and Strikes shutdown, it was the only bowling alley in town.

Ohio: Mormon Mitt Romney co-founded wunderkind Staples shutdown its store in Boardman, blaming crashing sales (Staples sells online).   What real estate market recovery?  Cleveland based retail (malls, shopping plazas) property owner Forest City Realty Trust eliminating 50 jobs nationwide, as well as selling-off most of its malls and plazas as part of its plan to shift focus on residential rental properties.  In Marietta, after 132 years Woman’s Home retirement center shutdown due to skyrocketing operating costs: “…utilities, payroll, food, supplies, licensing fees and elevator maintenance and repairs to name a few. Payroll is our biggest expense.”-Mary Antons

Not only would you have to be at full bed capacity 100% of the time, but you’d have to double rent to make operations sustainable. That’s not what the purpose of this home was.”-Rebekah Mathis-Stump

Pennsylvania: In Bensalem, Ascena Retail Group-Catherines Stores eliminating 191 jobs by mid-August!

South Dakota: In Rapid City, after 40 years Jolly Lane Floral shutdown, the owner saying “…needed change, kind of little burnt out….I just kind of wanted a lighter load.”   Bankrupt Pawn America shutting down its store in Sioux Falls by the end of July.

Texas: San Antonio Museum of Art suddenly laid off 11 people blaming it on the cost of repairing the roof and HVAC system.   In Brownsville, after 110 years R.H. Lackner’s Fine Jewelry shutdown, the owners blaming everything including “violence” from “Mexico”.  In Denison, after 69 years Hubbard Furniture shutdown, the owner said skyrocketing ‘big box’ competition is a sign for him to retire: “It is just a headache being in retail these days. The problem is you have all these chains now. You’ve got a lot of big box stores. We’ve been doing good for all these years, but this year has been hard.”-Marcus Hubbard

Virginia: Privately run living history museum Colonial Williamsburg continues to kill jobs, this time 71 people are losing their jobs altogether while another 333 jobs are being outsourced, due to lack of tourist who want to relive the creation of the United States!   In Richmond, after 31 years Video Fan suddenly shutdown, the owners explained on Facebook “We can no longer sustain the business…”  In Fredericksburg, after more than 16 years River Run Antique Mall shutting down due to the owner’s health problems.  What automotive industry recovery? Roanoke based retailer Advance Auto Parts eliminating 475 corporate/supply/management jobs blaming two years of crashing sales (they have a website, so don’t blame it on them not selling on the internet)!

Washington: In Seattle, tourist trap Space Needle being shutdown, 153 jobs lost to renovations to strengthen the now iconic tower against what is expected to be a super earthquake/tsunami!

Wisconsin: In Mukwonago, after eight years My Sister’s Closet shutdown so the owner can “start a new adventure.”

Wyoming: Newcastle Hardware shutting down when the inventory is gone.

OBAMA LEGACY: U.S. APPAREL INDUSTRY DEATH-SPIRAL “I HAVE NO CLUE. IT JUST DOESN’T SEEM TO BE WORKING…”

U.S. Retail/Banking/Service sector May 2017: “YOU CAN’T STOP THE BLEEDING”

SEARS KMART DEATH SPIRAL, June 2017: “ALREADY-DEAD”

U.S. MINING/INDUSTRIAL/LOGISTICS LAYOFFS, June 2017: “CIRCUMSTANCES BEYOND OUR CONTROL”

U.S. HI-TECH/COMMUNICATIONS BREAKDOWN, June 2017: “A LOT OF EXPERIMENTATION.”

U.S. FOOD CRISIS, June 2017: “EVERY MONTH IT’S LOWER AND LOWER.”

OBAMACARE ACA DEATH SPIRAL, June 2017: “IT IS ALREADY TOO LATE”

DUMBING DOWN THE U.S. OF A., June 2017: “…YOU HAVE A STORM WARNING.”

U.S. government shenanigans, June 2017: “AMERICA’S MOST MESSED-UP STATE”

“a sweeping redevelopment”: Sears Kmart death spiral, August 2017

In Canada, owners of Sears Hometown stores are planning a legal battle for compensation as a result of Sears Canada going bankrupt busted and dead.

CBCnews: Sears Canada chairman steps down so he can bid to buy retailer

Bloomberg: Sears Hit With Second Lawsuit Over Company Stock in 401(k) 

PlanSponsor: Sears Holdings Puerto Rico Savings Plan lawsuit

California: Sears Holdings just sold its store and Auto Center at the northeast end of South Coast Plaza to the owners of the plaza.  the selling price was not disclosed. When asked if the Sears store and Auto Center were shutting down South Coast Plaza owners stated “We look forward to continuing that relationship with Sears…”  It’s been revealed that Sears Holdings notified Bishop Police that local Kmart employees had stolen at least $50-thousand USD worth of merchandise in the past few months.  After police investigated six people were arrested.

Idaho: A major screw-up resulted in the closing Coeur d’Alene Kmart getting a big shipment of ‘blank’ American Apparel-Supreme branded t-shirts.  Shoppers were able to re-sell the t-shirts on ebay, until Kmart realized what was going on and removed the labels from the remaining inventory.   

Michigan:  Taxpayers in the township of Georgetown might take a loss on the vacant taxpayer owned Kmart property.  Township leaders were planning on spending $180-thousand taxpayer dollars to improve the property, but a developer wants to buy the land.  In 2014 Georgetown taxpayers were forced to pay $1.6-million USD for the vacant Kmart, reports say the developer has offered much less than that, $1.5-million for three properties altogether.   In Norton Shores, a Kmart property that’s been vacant since 2004 (before the Eddie Lampert take-over) has finally been put up for sale, asking price is $4.2-million USD: “We’ve been trying for years to get them to fix it up or sell the building. Out of nowhere, last week, they listed it.”-Gary Nelund, mayor of Norton Shores

Minnesota: A local man who is willing to spend $3-million USD on turning a vacant Kmart into an indoor shooting range was blown-off by the West Saint Paul city council: “I started laying out some numbers and it was like, ‘OK, thank you, Mr. O’Keefe.’ I was basically cut off. As far as I’m concerned, I went to the city council and they didn’t give me an opportunity to present or show them any numbers.”-Chris O’Keefe

New York:  Proof they got money.  Sears Holdings-Seritage Growth has promised the city of Olean that if a new tenant is not found by Winter for the soon to be shutdown Kmart, then Seritage will “continue upkeep, heating it and performing needed repairs” until a new tenant is found.

North Carolina: It’s been revealed that back in July Sears Holdings sold its store in Wilmington to the new owners of the Independence Mall (Rouse Properties), for $10-million USD.  The Wilmington Sears store (at the Independence Mall) is still active and not on any shutdown list, however, Rouse Properties is planning “a sweeping redevelopment” of the entire mall.

Utah: The Cedar City Sears Hardware and Appliance Store suddenly announced it was shutting down, local news media indicated it was the fault of Sears Holdings, not the franchise owner.

JULY 2017, EVEN MORE SEARS-KMART SHUTDOWNS: “WHERE DID ALL THIS MONEY GO?” “THAT’S THE END OF THE GAME.”

“circumstances beyond our control”: U.S. Mining/Industrial/Logistics layoffs, June 2017

Incomplete list of U.S. Mining/Industrial/Logistics job loss/shutdown announcements made in June 2017.

Japan based deadly-failed-air-bag maker Takata filed for bankruptcy protection in the United States through its U.S. operations TK Holdings. 

 California:  What housing market recovery?  After 50 years flooring maker Royalty Carpet Mills suddenly and without warning began shutting down numerous operations across The Golden State “effective immediately”.  In official WARNs submitted to the state Royalty Carpet Mills stated that 412 jobs were being eliminated by August, no reason given!  Glass maker Corning shutdown its Union City operations.  Motion control technologies company Parker Hannifin shutting down its ops in Modesto, 362 jobs lost by mid-August!  Texas based Benchmark Electronics issued a shutdown WARN for its ops in Anaheim, 75 jobs gone by the end of September.  In Scotts Valley the hi-tech company that wanted to force you to turn your ‘dumb’ car into a trackable/controllable ‘smart’ car, Pearl Automation, is now dead, suddenly shutting down due to lack of funding.  Boeing continues with the monthly layoff WARNs, this time 87 people will become jobless by the end of August.  In Palo Alto, Space Systems-Loral suddenly laid off 173 people blaming lack of orders for satellites!

Florida: Offset printing company Central Florida Press eliminating 142 jobs in Orlando, by mid-August!

Illinois:  Light bulb maker Philips issued a shutdown WARN for its factory in Aurora, 201 jobs lost by the end of the year!  Oak Brook based metals supplier A.M. Castle now chapter 11 bankrupt busted due to not being able to pay its debts.

Indiana: What automotive industry recovery? In Logansport, Carter Fuel Systems eliminating at least 90 jobs in August, “to better meet the current business climate.” 

Kansas: In Hesston, molding services company GVL Poly laying off 50 people at its three years old factory, due to crashing orders from a major buyer.  Also in Hesston, despite claiming three years of growth in lawn-care product sales Excel Industries suddenly canceled the third shift at its factory, eliminating 270 jobs!  What auto industry recovery?  General Motors (GM) canceling third shift at its Fairfax Assembly Plant in Kansas City, 1-thousand jobs gone due to continued crashing sales of Chevy Malibus!

Michigan:  What auto industry recovery?  General Motors (GM) canceling a shift at its factory in Warren, 3-hundred jobs gone due to continued crashing sales of passenger cars!  Local news media stated that since November 2016, GM has killed 5-thousand U.S. jobs!

Minnesota: Pontoon boat maker Premier Marine now chapter 11 bankrupt busted due to “…substantial losses in 2014, 2015 and 2016 attributable to the purchase and manufacture of the Palm Beach and Weeres brands….” which “….were discontinued in January 2017.”

Montana: Pennsylvania based coal company Talon Energy suddenly shutdown its office in Butte, company administrators claim the employees knew of the shutdown since April, it was news to the local news media.

New Jersey:  High-temp gasket maker Davlyn eliminating 115 jobs in Monroe, by the end of October!  Siemens Postal, Parcel & Airport Logistics eliminating 63 jobs at Newark International Airport.   What automotive industry recovery? Fiat-Chrysler announced it is moving its Maserati HQ in Englewood Cliffs to Michigan, 32 jobs affected in August.

New York: Aerospace parts maker Triumph Structures issued a shutdown WARN for its Westbury ops, at least 88 jobs eventually gone due to consolidation.  Exel-DHL Supply Chain shutting down delivery ops in Tonawanda, 42 jobs gone by the end of September.  L&R Distributors consolidating two warehouses, at least 130 jobs gone by September!  Niagara Frontier Transportation Authority canceled its contract with Command Security, 34 jobs suddenly lost. 

North Carolina: Hollander Sleep Products shutting down its mattress factory in Gastonia, 60 jobs gone as a result of Hollander’s take-over of a competitor.

Ohio: Navistar issued a layoff WARN for its Truck Specialty Center in Springfield, 81 jobs gone in August.  Interestingly local news media said the layoffs were connected to a deal between Navistar and GM, that was supposed to create more jobs.

Oregon:  Beaverton based shoe maker Nike announced plans to kill 1-thousand-4-hundred jobs as part of operation Customer Direct Offense!  This comes a month after mom-n-pop shoe sellers reported that Nike canceled their orders without explanation.

Pennsylvania: Natural gas industry equipment maker Air Products and Chemical issued a shutdown WARN for its Wilkes-Barre factory, 156 jobs gone by August due to crashing sales!

South Carolina: Boeing announced it will layoff an undisclosed number of people in North Charleston, saying “competition is relentless”.

Tennessee: What auto industry recovery?  Auto parts maker International Automotive Components eliminating 160 jobs as it consolidates production at its Dayton operations!   Clothier Phillips-Van Heusen (PVH Corp) shutting down its warehouse and distribution center in Chattanooga, 85 jobs gone in July.

Texas: What construction industry recovery?  Vision Construction now chapter 11 bankrupt busted blaming “circumstances beyond our control.”

Vermont: The new Wisconsin based owner of Country Home Products-DR Power Equipment shutting down a factory in Winooski, eliminating 67 jobs by the end of the year.

Virginia: In Norfolk, British empire based U.S. tax-sucker BAE Systems laid off 3-hundred people!  Local news media said the layoffs are expected, but when you total the number of sub-contractor layoffs caused by BAE it’s actually about 1-thousand people who lost their jobs! 

Wisconsin:  Plastic packaging maker Bemis eliminating 3-hundred jobs and shutting down two factories this year in an effort to save $60-million USD, it’s blamed on crashing consumer demand!

Mining/Industrial/Logistics layoffs, May 2017: “SIGNIFICANT DOWNTURN IN BUSINESS”

“You can’t stop the bleeding”: U.S. retail/banking/service sector collapse, May 2017

Incomplete list of U.S. retail/banking/service sector job loss announcements and shutdowns made or announced in May 2017:

Don’t blame the internet: “A lot of the smaller retailers are struggling and the whole retail industry is configuring itself differently these days. It’s not just happening to smaller businesses, it’s happening to larger ones, too. New factors are coming in. How do I pay for my product, it’s not just money anymore and it’s not just a credit card. The consumers have a whole bunch of different choices that go beyond the product and I think small businesses are in a position where they’ve got to react to that.”-Thomas Abbott, Business Administration/International Business at Post University, Connecticut

Alabama: In Athens, after 56 years Collins Supply shutdown due to the heirs not being interested in running the family business.  In Tuscaloosa, after 65 years Barton’s Nursery & Gifts shutdown, the family landscaping business will continue.  In Jasper after 54 years Bull Building Supply shutdown, the owners blaming health problems and no family heirs to take over the business.

 California: Cost Plus World Market shutting down its San Diego store on 4th Avenue by the end of June, local news reports say no reason was given.  In Sacramento, after more than 80 years Taber Furniture shutdown because “The priorities have changed…..it’s not what it used to be……the customer base is diminished.”  In Anaheim, Anabella Hotel shutting down 121 jobs lost, supposedly being replaced with yet another hotel!  In Glendale, after four years live music nightclub Complex shutdown with only a few days notice and no explanation.  San Francisco based Too Big to Jail Wells Fargo shutting down an additional 450 offices by 2019.  Banc of California issued layoff WARNs, 40 people losing their jobs by July.  ‘Residential asset manager’ Kondaur Capital Corporation eliminating 55 jobs in mid-July.  In Burbank, Warner Music issued a layoff WARN, 19 jobs gone by the end of July.  JCPenney issued shutdown WARNs for stores in Richmond and Orange, 177 jobs lost by the end of July!  Bankrupt Los Angeles based clothier B & B Bachrach asked the court for permission to shutdown 12 stores.

Colorado: Donation funded Ellicott Wildlife Rehabilitation Center ran out of money and will shutdown in June.  Local news reports say it’s one of several animal rehab centers to shutdown.

Connecticut: In Woodbury, after more than 30 years Gepetto’s Toys shutting down when the inventory is gone.   JCPenney notified the state it is shutting down its store in Milford, 89 jobs gone by the end of July.   Walmart shutting down its operations in Bristol, 114 jobs gone by mid-July!

Florida:  In Jacksonville, after 35 years Soccer Stop forced to shutdown when corporate giant Nike suddenly halted all shipments to the family owned store! Nike refuses to explain why.   LA Fitness suddenly shutdown its Hide Park Village location, unconfirmed rumors (dating back a couple of years) say it’s being replaced with a grocery store.  What auto industry recovery?  Car dealer Nice Cars chapter 11 bankrupt busted due to sales crashing by $9-million USD from 2014 to 2016!  Once British empire based-but-now co-owned by China, Too Big to Jail HSBC notified the state it would eliminate jobs in Brandon.

Idaho:  In Boise, after 45 years of six to ten hour days, six days per week, the surviving co-owner of Bow Wow Auto Parts shutting it down so she can retire.

Illinois: The Fayette County Bank failed, the FDIC turned assets over to United Fidelity Bank.  In Chicago, after 40 years Tipre Hardware forced to shutdown by the property owner/developers who want to build a massive apartment complex. International law firm Seyfarth Shaw laid off 40 people.   After eight years Cat & Mouse Game Store in Bucktown shutting down so the owners can focus on their store in West Loop.  Star Center Mall chapter 11 bankrupt busted and it’s blamed on “the City of Marion regarding disputed bonds.”  After six years Wee-Peats Kids Resale (no it doesn’t mean they re-sell children) clothing store shutdown.  Don’t blame the internet (they had a Facebook page), the owner says she’s moving to Alaska.  In Jacksonville, Kirlin’s Hallmark shutting down its Lincoln Square Shopping Center gift store by mid-June, “primarily due to declining sales.”  In Decatur, Lincoln Square Theatre suddenly shutdown.  The operators told local news media that they are trying to come up with ideas to help re-open the 1-hundred years old theater.  Bloomington based insurance company State Farm shutting down 11 offices across the U.S. as part of its plan to consolidate operations.   In Rock Island, the last Barkan’s shutdown after 71 years.  Local news media said at one time the family owned clothier was so popular they had four stores.  JCPenney issued shutdown WARNs for its Centerpointe Mall and Peru Mall stores, 174 jobs lost by the end of July!

Indiana: In Plymouth, after 64 years the owners of Tri-Way Drive-In begging for donations to keep the outdoor movie theater from shutting down, blaming it on the cost of upgrading to digital projectors.   In Richmond, after 78 years Veech’s toy store shutting down: “Many factors have led to the decision to close the store, including a significant drop in sales over the past year-and-a-half, which has been experienced by many stores across the nation. A number of independent toy stores have closed in this past year due to these retail trends. We, too, have not been able to weather this precipitous change in sales volume.”

Iowa: In Cedar Rapids, after 19 years Planet X Fun Center suddenly shutdown, it was announced on the company’s website without explaining why.  Premier Linen & Drycleaning  issued a shutdown WARN for its Dubuque  location, 86 jobs lost by mid-June.

Kentucky: 78 years old music venue Renfro Valley Entertainment Center laid off 12 people “Effective immediately” due to the suck-ass local economy.

Louisiana: First NBC Bank failed, FDIC turned assets over to Whitney bank.  After 13 years bridal shop Bustles and Bows shutting down mid-July. In New Orleans, after 53 years the Maple Street Book Shop shutdown for the second time saying “We’re not sure what we’ll do next, but we’ll always keep fighting the stupids. We hope that you will too.”

Massachusetts: In Northhampton, after 12 years clothier Ci Ci Boutique shutting down by the end of June.  Bankrupt Eastern Mountain Sports shutdown its Hyannis store.

Michigan: 37 years old boat shop Landman Sales sold to pay for the owners’ retirement.

Minnesota: Retail giant Target laid off 40 HQ employees, local news reports say employees were given only a week to find another job within the company.  The sudden layoffs were blamed on a 4th quarter in a row of crashing sales (and Target sells online).  Uniform rental company G&K Services issued a shutdown WARN for its corporate HQ, 232 jobs lost as a result of being taken over by a competitor!

Montana: Junk jewelry seller Claire’s shutting down its 25 years old store in the Butte Plaza Mall, by the end of June.

Nebraska: In Kimball, after 52 years LorRon’s Department Store shutdown, the owner saying she needs a “retirement/career change”.

New Jersey:  ‘Popular’ Mountain Creek Resort now chapter 11 bankrupt busted under new ownership, however, the new owners blame the previous owners for the bankruptcy.  In Newark, Total Airport Services issued a WARN, 74 jobs lost by July.   Bankrupt California based clothier B & B Bachrach shutting down its Lawrence Township store by August.

New York: Elitist clothier Michael Kors reported a net loss of $27-million USD and will now shutdown as many as 125 stores, thousands of jobs lost!  Clothier Banana Republic shutting down its store in the Walden Galleria, by the end of June.  Women’s clothier New York & Company suddenly shutdown its popular Forrest Hills store, customers speculated that the rent was too high.  In NYC, Landmark Sunshine Cinema being forced to shutdown by 2018 because the property has been sold to some greedy property developers.  The Cinema owners said they tried to buy the property, with the intent to serve booze to movie goers, but the benevolent city of New York refused them a booze license.   ‘Automated online marketplace’ Merchant Cash and Capital issued a shutdown WARN for its NYC ops, at least 74 jobs lost by August.  In NYC, nightclub operator Webster Hall Entertainment has been sold, 267 jobs affected!   Aircraft Service International lost its contract with JFK Airport, 378 jobs affected by the end of July!  In White Plains, Executive Jet Management issued a shutdown WARN, 54 jobs gone by mid-August.  What real estate recovery? Nationstar Mortgage issued a shutdown WARN for its Elma location, 179 jobs gone by the end of August!   Public Service Insurance issued a shutdown WARN for its NYC location, dozens of jobs affected by mid-August. Walmart shutting down its store in Niskayuna, 102 jobs gone by between July and August!  Non-profit Rides Unlimited of New York/Nassau/Suffolk shutting down due to sale of assets to a bus company, 213 jobs affected!

Ohio:  After 90 years Yellow Cab of Cleveland shutting down within 60 days, officially due lack of qualified taxi drivers.  Huntington Bancshares laying off 129 people in connection to its 2016 take-over of a competitor!  Columbus based clothier Express shutting down all 17 stores in Canada.

Oregon: Florida based Holiday Retirement (aka Holiday AL Management, HolidayTouch.com) notified the state that it will shutdown its corporate office in Lake Oswego, no reason given, about 1-hundred jobs gone by the end of the year!

Pennsylvania: After 1-hundred years of elitist snobbery, ‘social club’ Pittsburgh Athletic Association is now chapter 11 bankrupt busted due to lack of money, due to lack of rich members!  Moon Township based Dick’s Sporting Goods eliminating 1-hundred more jobs despite a small increase in sales!  In Byrn Mawr, after 33 years profit making Pun’s A Wonderland of Toys shutdown ’cause the owner wanted to retire while he was still ahead.  In Frackville, the 40 years old Schuylkill Mall notified its remaining tenants that within 90 days the mall was shutting down.  Reading China and Glass shutting down its store in the VF Outlet Center due to the greedy property owner’s plan to re-develop the shopping center.  Too Big to Jail Bank of America issued a layoff WARN for its Allegheny Center Mall office, 112 jobs lost by July!   JCPenney issued a shutdown WARN for its King of Prussia Plaza store, 118 jobs lost by the end of July!

South Carolina: A 30 years old bookstore ironically called Rainy Day Pals forced to shutdown due to flood damage that occurred in 2015. Owner Calvin Lyles described his failed efforts to repair the store by saying that financially “You can’t stop the bleeding.”  Brigadoon Discount Golf in Surfside Beach shutting down.

Texas:  In College Station, after 32 years Lippman Music shutting down in July, the owner saying the landlord’s plan to jack up the rent is a sign to retire.

Virginia: Bath & Body Works shutting down its store in the Bristol Mall, by June.  In Carytown,  after ten years clothier Eurotrash shutdown due to the owners moving to Texas.  After 72 years McDonald Garden Center shutting down so the owners can focus on their new concept satellite ‘garden market’ stores “…because lifestyles are changing and business is changing rapidly.”

Washington: After 70 years Furney’s Nursery suddenly shutdown because the “…property has become very, very valuable over the years, so they got an offer they couldn’t refuse.”

Wisconsin: Guaranty Bank-Best Bank in Georgia & Michigan failed, 170 offices shutting down, the FDIC turned assets over to First Citizens Bank & Trust.  Online-mail order company Colony Brands issued a shutdown WARN for its distribution center, 113 jobs gone by 2018 due to the greedy landlord!

U.S. Retail/Banking/Service sector April 2017:   “…GREED, ARROGANCE AND JUST PURE DECEITFULNESS.”

SEARS KMART DEATH SPIRAL, MAY 2017: “THE OTHER STORES ARE FULL UP. THERE’S NOWHERE FOR THEM TO GO.”

U.S. MINING/INDUSTRIAL/LOGISTICS LAYOFFS, MAY 2017: “SIGNIFICANT DOWNTURN IN BUSINESS”

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

U.S. FOOD CRISIS, MAY 2017: “..SALES DROPPED OVER 30%..” “IT’S GOING TO BE A BIG DOWNFALL…”

OBAMACARE ACA DEATH SPIRAL, MAY 2017: “UNSUSTAINABLE FOR OUR COMPANY”

DUMBING DOWN THE U.S. OF A., MAY 2017: “THIS IS VERY TROUBLING, THE WORST I’VE EVER SEEN IT!”

U.S. government shenanigans, May 2017:  OPERATION DARK STORE SHIFTS TAX BURDEN TO CASH STRAPPED INDIVIDUALS!

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!

“significant downturn in business”: U.S. Mining/Industrial/Logistics layoffs, May 2017

Incomplete list of U.S. Mining/Industrial/Logistics job loss/shutdown announcements made in May 2017.

Arkansas: France based Dassault eliminating 6% of its Little Rock Falcon Jet factory workers due to “…worldwide economic and political uncertainty combined with a prolonged imbalance between supply and demand for new aircraft as well as a large inventory of pre-owned aircraft competing with new sales.” 

 California: Angelica Textile Services issued a shutdown WARN for its Gilroy factory, 160 jobs gone by July!  Benz Propane issued a layoff WARN, 101 employees in Tehachapi to become unemployed by August!  Oil company Breitburn Energy Partners now chapter 11 bankrupt busted, blaming ‘low’ oil prices for not be able to pay its debts.  Despite record online sales in 2016, plush sports doll maker Bleacher Creatures now chapter 11 bankrupt busted due to a major customer (Sports Authority) ceasing to exist and problems with licensing.  Boeing issued layoff WARNs for 38 more employees. In Pittsburg, joint U.S.-Korean steel company USS-POSCO Industries issued a mass layoff WARN, 635 jobs gone in July!

Colorado: Mesa Oil-Mesa Environmental now chapter 11 bankrupt busted, for the second time.  This time debts include $3-million USD in back-due federal taxes.

Florida:  In Miami, transportation company Transdev Services eliminating 102 jobs by the end of June!

Georgia: Cleaning chemical maker ZEP shutting down two factories in Fulton, 158 jobs gone!  International Fragrance-Agilex Fragrance halting ops in Cherokee, 32 jobs lost. 

Idaho: In Boise, after seven years non-profit glass recycler Usful Glassworks shutdown due to lack of funding/donations.

Illinois:  Nippon Sharyo laid off 110 Rochelle rail car employees due to “technical complications and delays”!  The Japan based company has been laying off employees since 2015. GE (General Electric) shutting down its Lamp Plant in Mattoon, 135 jobs lost between July 2017 and March 2018!  API Logistics shutting down its warehouse ops in Hodgkins, 114 jobs lost due to loss of contract!  Without warning Fisher & Ludlow-Nucor Grating shutdown its architectural metal works operations in Litchfield, 60 jobs gone with no official reason given.

Indiana: Continental Structural Plastics issued a WARN, 164 jobs gone by the end of July due to a major industrial customer shutting down for three months!  Packaging maker Printpack eliminating 45 jobs in Bloomington after losing a major customer.  Despite earlier threats by Donald Trump, HVAC company Carrier suddenly began eliminating 3-hundred jobs!  Carrier also warned that more layoffs will take place later in the year as work is shifted to Mexico!

Iowa: What automotive industry recovery?  Caterpillar issued a shutdown WARN for its factory in Elkader, 59 jobs gone starting in July.

Louisiana: Oil service company Tidewater now chapter 11 bankrupt busted mainly due to sale-leaseback disputes.

Maryland: Kaydon Ring & Seal issued a WARN, 217 jobs gone starting in July due to production being consolidated to other locations!

Massachusetts: One of the largest distribution companies in the U.S., Veritiv, shutting down its warehouse in Wilmington, 170 jobs lost to consolidation operations!

Michigan:  What automotive industry recovery?  Ford announced it will eliminate 1-thousand-4-hundred salaried jobs through attrition, bribery (buyouts) and outright layoffs as part of Ford’s plan to eliminate 10% of its salaried jobs in North America and Asia!  Spain based auto parts maker Gestamp laying off 84 people in Lapeer, due to the loss of a client.  General Motors (GM) eliminating more than 6-hundred jobs as it ends production of the GMC Acadia.

Missouri: Cleaning and storage company Katy Industries now bankrupt busted and for sale.  Rubber/plastic products maker Cosmoflex shutdown its Hannibal ops, 45 jobs lost to consolidation.

New Jersey:  What construction industry recovery?  Flooring maker Mannington laid off 80 people due to the sale of one of its product lines to a competitor.

North Carolina: Alamac American Knits shutting down in Lumberton, 154 remaining jobs gone over the next two months!  Administrators stated that before NAFTA went into effect they “…employed 1,000.”  What automotive industry recovery?  Caterpillar shutting down its Morganton factory, 85 jobs gone starting in July.  Celadon Trucking Services shutting down its Nash County operations, 127 jobs lost!

Ohio: Cincinnati based ‘household’ products maker Proctor & Gamble shutting down a factory in Canada, supposedly as part of a plan to bring jobs back to the United States.  What automotive industry recovery? Maker of car batteries (including for those stupid electric cars) Robert Bosch Battery Systems laid off 88 people due to a “significant downturn in business”.   Ford laid off 130 pick-up truck assemblers at a factory near Cleveland, apparently because of slow truck sales!  Hyundai Ideal Electric Company issued a shutdown WARN, eliminating the remaining jobs in July.  At one time the Korea based company employed more than 1-hundred people in Mansfield. Maker of parts for the computer and aerospace industries, McSwain Manufacturing suddenly laid off 30 people and will lay off another 30 “…due to a dramatic and sudden reduction in purchase orders…”

Oregon: Transportation company Specialty Mobility Services issued a shutdown WARN, 101 jobs lost due to loss of contract!

Pennsylvania:  Germany based logistics company DB Schenker eliminating 66 jobs by the end of July. Mark Line Industries suddenly shutdown, 44 jobs lost in Ephrata.  Hubbell Lighting shutting down its L-E-D factory in Bristol Borough, 114 jobs lost!  In Cannonsburg, Nobel Energy shutting down, 99 jobs lost between July and September.

Tennessee: Norfolk Southern Railways laid off 41 people as part of a plan to cut operations at its Debutt’s Yard by 50%.  HVAC parts maker Robertshaw laid off 134 people and shutdown a factory on Cummings Highway, as a result of taking over a competitor!

Texas: Oil company GulfMark Offshore now chapter 11 bankrupt busted with $430-million USD of debt.  Oil industry parts supplier AFGlobal chapter 11 bankrupt busted.

Virginia: White Birch Paper Company shutting down its mill in Hanover County, 165 jobs lost as production shifting to Canada!

Washington: Boeing issued mass layoff WARNs, 917 jobs gone between the end of June and the end of July!  Spectrum Glass shutting down its Woodinville factory at the end of June.

Wisconsin:  What automotive industry recovery?  Maker of exhaust pipes-mufflers Stroughton based Nelson Global Products announced it will shutdown factories in Tennessee and Minnesota, about 3-hundred jobs lost by the end of the year, due to global competition!

Mining/Industrial/Logistics layoffs, April 2017: “DUE TO A LARGE LOSS OF BUSINESS….”

JOBLESS PEOPLE NOT COUNTED IN THE ‘REAL’ NEWS UNEMPLOYMENT REPORT SKYROCKETS BY MORE THAN HALF-A-MILLION IN MAY!

Barbarians sacking Rome: Foreign landlords now control the ‘American’ dream!

18 JUL 2017 / 18:58 UTC-07 Tango 06 (28 Tir 1396/24 Shawwal 1438/26 Ding Wei 4715)

“The environment is much more Asian-friendly than it used to be with churches, grocery stores and schools that cater to their tastes. I have been told they target good schools and newer homes.”-Laura Barnett, Red Neck Fail Texas real estate agent in Dallas

The U.S. main stream news media is finally waking up to the fact that the majority of home sales in the United States are going to foreigners, not U.S. citizens.  Many citizens are being outbid by foreign landlords who only want to make a profit by charging tenants outrageous rent.  There’s even books showing foreigners how to buy-up U.S. properties.

According to the National Association of Realtors there was a 49% explosion of foreigners buying up U.S. properties from April 2016 to March 2017, compared to the same time the prior year!  And 2015 was also dominated by foreigners buying up U.S. properties.  In other words there is no true real estate recovery in the U.S. because it’s not U.S. citizens driving real estate sales!

In July 2016, Deutschland taxpayer funded news media DW (Deutsche Welle) discovered that New York City’s skyrocketing rents are being caused by rich foreign developers, who are buying up all available properties.  

50% of real estate sales to foreigners are taking place in California, Florida and Texas (another Red Neck conservative christian failure).  The top buyers are from China, followed by British empire (Commonwealth of Nations, India is also a top buyer of U.S. property and a member of the Commonwealth of Nations [they never became independent of the British empire]) members Canada and United Kingdom.

THE STATE OF MAINE: PROOF GOVERNMENT BEHIND IMMIGRATION TO MAKE YOU UNEMPLOYED!

HISTORY SHOWS IMMIGRANTS ARE GREATEST SELF-INFLICTED THREAT TO EMPIRES!

Great Reneger: Trump allows 15,000 more legal migrants into U.S.!

17 JUL 2017 / 18:36 UTC-07 Tango 06 (27 Tir 1396/23 Shawwal 1438/25 Ding Wei 4715)

Just hours after news reports revealed how much the state of Maine was relying on the H-2B migrant worker program to take jobs away from U.S. citizens, Donald Trump issues an order allowing 15-thousand more H-2B workers into the United States!

The U.S. Congress had suspended a key regulation with the H-2B program which allowed previous H-2B workers to return to the U.S. without being counted as part of the yearly quota.  In response to squealing unAmerican corporate America Trump allowed an additional 15-thousand foreign workers to legally come into the U.S.

But wait, lets not blame Trump totally, that supposed Congressional change to the H-2B program was also given a big loophole by the same Congress.  That loophole allows the Department of Homeland Security to arbitrarily increase the quota for H-2B workers!  Main stream news reports revealed that your ‘elected’ and appointed federal government leaders have been using that loophole to increase the number of foreign workers legally coming into the U.S. every year!

GREAT RENEGER: TRUMP FAILS TO STOP IMMIGRATION TSUNAMI!

MORE PROOF GOVERNMENTS & CORPORATIONS ARE BEHIND HUMAN TRAFFICKING UNDER THE GUISE OF RESCUING REFUGEES IN ORDER TO TAKE YOUR JOB!