2015 Retail Store Closings (a/o April) Discussions - 12160 Social Network2024-03-28T21:50:00Zhttps://12160.info/group/retailstoreclosings/forum?feed=yes&xn_auth=noWal-Mart 'urgent' memo urges improvement at U.S. stores: NYTtag:12160.info,2014-11-12:2649739:Topic:15161092014-11-12T22:57:51.642ZTarahttps://12160.info/profile/Tara
<p class="first" id="yui_3_9_1_1_1415832824690_1140">(Reuters) - Wal-Mart stores Inc issued an "urgent agenda" memo to its store managers across the United States last month, laying out guidelines to boost sales of "chilled and fresh" food, the New York Times reported.</p>
<p>The memo, marked "highly sensitive", asks Wal-Mart marketing managers to make sure they discount aging meat and baked goods to maximize chances of selling them before their expiration dates,…</p>
<p id="yui_3_9_1_1_1415832824690_1140" class="first">(Reuters) - Wal-Mart stores Inc issued an "urgent agenda" memo to its store managers across the United States last month, laying out guidelines to boost sales of "chilled and fresh" food, the New York Times reported.</p>
<p>The memo, marked "highly sensitive", asks Wal-Mart marketing managers to make sure they discount aging meat and baked goods to maximize chances of selling them before their expiration dates, <a href="http://nyti.ms/1v1YwHO" target="_blank">according to the report</a>.</p>
<p>More Here: <a href="https://ca.news.yahoo.com/wal-mart-urgent-memo-urges-improvement-u-stores-134351731--business.html">https://ca.news.yahoo.com/wal-mart-urgent-memo-urges-improvement-u-stores-134351731--business.html</a></p> Wal-Mart workers strike in major citiestag:12160.info,2014-06-05:2649739:Topic:14745442014-06-05T21:42:56.277ZTarahttps://12160.info/profile/Tara
<h2>Wal-Mart workers Wednesday joined strikes in several major cities.</h2>
<p>Union organizers said employees were set to walk picket lines through out the day in Tampa, Miami, Chicago, Milwaukee, Minneapolis, Los Angeles and San Francisco.</p>
<p>At a Dayton, Ohio store, Wal-Mart worker Cynthia Brown-Elliott said from her cell phone that she had joined a protest outside the store, chanting slogans such as: "Respect! Now!"</p>
<p>Brown-Elliott, 48, who works at a Cincinnati Wal-Mart, said 25…</p>
<h2>Wal-Mart workers Wednesday joined strikes in several major cities.</h2>
<p>Union organizers said employees were set to walk picket lines through out the day in Tampa, Miami, Chicago, Milwaukee, Minneapolis, Los Angeles and San Francisco.</p>
<p>At a Dayton, Ohio store, Wal-Mart worker Cynthia Brown-Elliott said from her cell phone that she had joined a protest outside the store, chanting slogans such as: "Respect! Now!"</p>
<p>Brown-Elliott, 48, who works at a Cincinnati Wal-Mart, said 25 workers were in the picketing line. The grandmother of 14 said she would travel with the group to a later protest in Cincinnati, where she a larger crowd was expected to gather.</p>
<p>A cake decorator in the Wal-Mart bakery, Brown-Elliott makes $8.95 an hour. She has been with Wal-Mart for two years and believes she's overworked and <a href="http://money.cnn.com/interactive/pf/state-minimum-wage/?iid=EL">underpaid</a>.</p>
<p>"Save money and live better?," she said, citing the company's advertising line. "How can you save money if you're not making enough money? How can you you live better if you're not paid enough?".</p>
<p> <a href="http://money.cnn.com/2014/06/04/news/companies/walmart-strike-day/">http://money.cnn.com/2014/06/04/news/companies/walmart-strike-day/</a></p> Has The Next Recession Already Begun For America’s Middle Class?tag:12160.info,2014-06-03:2649739:Topic:14743352014-06-03T22:37:54.123ZTarahttps://12160.info/profile/Tara
<p>Has the next major economic downturn already started? The way that you would answer that question would probably depend on where you live. If you live in New York City, or the suburbs of Washington D.C., or you work for one of the big tech firms in the San Francisco area, you would probably respond to such a question by saying of course not. In those areas, the economy is doing great and prices for high end homes are still booming. But in most of the rest of the nation, evidence…</p>
<p>Has the next major economic downturn already started? The way that you would answer that question would probably depend on where you live. If you live in New York City, or the suburbs of Washington D.C., or you work for one of the big tech firms in the San Francisco area, you would probably respond to such a question by saying of course not. In those areas, the economy is doing great and prices for high end homes are still booming. But in most of the rest of the nation, evidence continues to mount that the next recession has already begun for the poor and the middle class. As you will read about below, major retailers had an absolutely dreadful start to 2014 and home sales are declining just as they did back in 2007 before the last financial crisis. Meanwhile, the U.S. economy continues to lose more good jobs and <a title="20 percent" href="http://endoftheamericandream.com/archives/the-real-unemployment-rate-in-20-of-american-families-everyone-is-unemployed" target="_blank"><strong><span style="color: #4f809e;">20 percent</span></strong></a> of all U.S. families do not have a single member that is employed at this point. 2014 is turning out to be eerily similar to 2007 <a target="_blank" title="in so many ways" href="http://theeconomiccollapseblog.com/archives/exactly-like-7-years-ago-2014-is-turning-out-to-be-eerily-similar-to-2007"><strong><span style="color: #4f809e;">in so many ways</span></strong></a>, but most people are not paying attention.</p>
<p>During the first quarter of 2014, earnings by major U.S. retailers missed estimates by the biggest margin <a title="in 13 years" href="http://www.bloomberg.com/news/2014-05-23/u-s-retailers-missing-estimates-by-most-in-13-years.html" target="_blank"><strong><span style="color: #4f809e;">in 13 years</span></strong></a>. The “<a target="_blank" title="retail apocalypse" href="http://theeconomiccollapseblog.com/archives/two-more-victims-of-the-retail-apocalypse-family-dollar-and-coldwater-creek"><strong><span style="color: #4f809e;">retail apocalypse</span></strong></a>” continues to escalate, and the biggest reason for this is the fact that middle class consumers in the U.S. are tapped out. And this is not just happening to a few retailers – this is something that is happening across the board. The following is a summary of how major U.S. retailers performed in the first quarter of 2014 that was put together <a title="by Jim Quinn" href="http://www.theburningplatform.com/2014/05/25/retail-death-rattle-grows-louder/" target="_blank"><strong><span style="color: #4f809e;">by Jim Quinn</span></strong></a>…</p>
<blockquote><p>Wal-Mart Profit Plunges By $220 Million as US Store Traffic Declines by 1.4%</p>
<p>Target Profit Plunges by $80 Million, 16% Lower Than 2013, as Store Traffic Declines by 2.3%</p>
<p>Sears Loses $358 Million in First Quarter as Comparable Store Sales at Sears Plunge by 7.8% and Sales at Kmart Plunge by 5.1%</p>
<p>JC Penney Thrilled With Loss of Only $358 Million For the Quarter</p>
<p>Kohl’s Operating Income Plunges by 17% as Comparable Sales Decline by 3.4%</p>
<p>Costco Profit Declines by $84 Million as Comp Store Sales Only Increase by 2%</p>
<p>Staples Profit Plunges by 44% as Sales Collapse and Closing Hundreds of Stores</p>
<p>Gap Income Drops 22% as Same Store Sales Fall</p>
<p>American Eagle Profits Tumble 86%, Will Close 150 Stores</p>
<p>Aeropostale Losses $77 Million as Sales Collapse by 12%</p>
<p>Best Buy Sales Decline by $300 Million as Margins Decline and Comparable Store Sales Decline by 1.3%</p>
<p>Macy’s Profit Flat as Comparable Store Sales decline by 1.4%</p>
<p>Dollar General Profit Plummets by 40% as Comp Store Sales Decline by 3.8%</p>
<p>Urban Outfitters Earnings Collapse by 20% as Sales Stagnate</p>
<p>McDonalds Earnings Fall by $66 Million as US Comp Sales Fall by 1.7%</p>
<p>Darden Profit Collapses by 30% as Same Restaurant Sales Plunge by 5.6% and Company Selling Red Lobster</p>
<p>TJX Misses Earnings Expectations as Sales & Earnings Flat</p>
<p>Dick’s Misses Earnings Expectations as Golf Store Sales Plummet</p>
<p>Home Depot Misses Earnings Expectations as Customer Traffic Only Rises by 2.2%</p>
<p>Lowes Misses Earnings Expectations as Customer Traffic was Flat</p>
</blockquote>
<p>That is quite a startling list.</p>
<p>More Here: <a href="http://www.thesleuthjournal.com/next-recession-already-begun-americas-middle-class/">http://www.thesleuthjournal.com/next-recession-already-begun-americas-middle-class/</a></p> Where are we headed? Original Contenttag:12160.info,2014-05-25:2649739:Topic:14706642014-05-25T01:05:02.978ZLess Pronehttps://12160.info/profile/LessProne
<p>The closing retail stores are one symptom of the destruction of the western world that started a long time ago. In comparison with banker abused Europe the United States got a fresh start when cutting their shackles to the British abuse system in the grand old 1776.</p>
<p>It was a heavy blow to the criminal banking, drug, and war profiteering industry and left them seeking for control for a good hundred years. Finally the old European debt system established itself in oil, railroad, steel,…</p>
<p>The closing retail stores are one symptom of the destruction of the western world that started a long time ago. In comparison with banker abused Europe the United States got a fresh start when cutting their shackles to the British abuse system in the grand old 1776.</p>
<p>It was a heavy blow to the criminal banking, drug, and war profiteering industry and left them seeking for control for a good hundred years. Finally the old European debt system established itself in oil, railroad, steel, electricity and automotive industry. On top of it all the neither federal nor reserve, privately controlled central bank came on 1913 to facilitate turning the peaceful and prosperous country into a debt generating machine for war.</p>
<p>The bankers were quick to spill American dollars and gold to the First World War and the Bolshevik revolution. Destruction of the good old hard working Germany under unbearable war debt created a foundation for the rise of Hitler with the help of the same debt powers.</p>
<p>The criminal high cabal has always sought to enslave the nations under ever growing debt. In fact the banking industry is based more in debt than in solid wealth. As Europe was already forced on its knees after two world wars the main focus shifted to the other side of the Atlantic Ocean.</p>
<p>It took astonishingly long time to destroy the wealth America had created during its independence of the criminal banking cabal. After endless wars, creation of worlds largest conventional arms and nuclear arsenal, moon and space flights the U.S. economy wasn't quite destroyed yet.</p>
<p>It was time to rip the nation of its manufacturing base to make sure that the material wealth would turn into perpetual debt. While manufacturing industry was painted unfashionable by the propagandist we were told that the future would be in the production of services.</p>
<p>Look around you and ask if, soldiers, police, barbershops, fast food restaurants, bankers, hookers and drug dealers can generate export revenues. The western world has been ripped of its manufacturing base, the only way of solid survival and prosperity. It is quite astonishing how the supposedly capitalist west has handed over the basis for their well being to the supposedly communist east.</p>
<p>However, the picture wouldn’t be like this if one important development hadn’t been driven through in the Far East. The once wealthy and independent Imperial China was economically destroyed by the opium wars incited by the British East India Trading Company but it took another hundred years to prepare her governance for shifting the global manufacturing base on her soil.</p>
<p>Mao Zedong didn't win the revolution without the help of leftist forces in the US government stalling the help for the opposing Chiang Kai-sek. In fact Mao got praising words from David Rockefeller. While murdering some 45 to 70 million Chinese, it's no wonder how he became David's boy wonder. After all isn't it killing and population reduction that the criminal cabal is after? It's all a big puppet show where the bankers pull the strings.</p>
<p>Europe and Northern America with their financial crises, lost manufacturing base and social welfare seeking immigrants are now almost finished. The closing of retails shops is one final spasm in their death struggle. How would the unemployed buy anything anyway? As the society is structured around the debt driven banking industry it’s difficult. Life without credit requires other sources of income and cooperation. People have to find other means of production, in private. It won’t be easy but I believe it’s the only way.</p>
<p><strong><a href="http://12160.info/group/economic-independence-and-cooperation" target="_self">Economic Independence and Cooperation</a></strong>; How to get rid of dependence of the great money scam and become independent free individuals.</p>