8000+ Stores Closing! Widespread Job Cuts and Economic COLLAPSE!

The economy is weak. Terribly weak. Some say we’re in a recession. Others say we’re headed for one. It seems as though the definition relates to what we’re looking at. If certain numbers are padded or boosted, perhaps we should be looking at second and third tier indicators and then piecing it all together. This of course takes effort and time. Instead, the majority do their best to catch up on the latest Netflix binge to distract themselves from reality. But unlike the majority of people…

 

Weekly US and UK Store Openings and Closures Tracker 2019, Week 35: Foot Locker Confirms Store Closures | Coresight Research

https://coresight.com/research/weekly-us-and-uk-store-openings-and-closures-tracker-2019-week-35/

ec_current.pdf

https://www.census.gov/retail/mrts/www/data/pdf/ec_current.pdf

Amazon’s share of the US e-commerce market is now 49%, or 5% of all retail spend | TechCrunch

https://techcrunch.com/2018/07/13/amazons-share-of-the-us-e-commerce-market-is-now-49-or-5-of-all-retail-spend/

Have Warehouse Clubs Embraced E-Commerce? | Coresight Research

https://coresight.com/research/have-warehouse-clubs-embraced-e-commerce/

HSBC announces 4,000 job cuts after abruptly axing CEO John Flint | The Independent

https://www.independent.co.uk/news/business/news/hsbc-bank-job-cuts-uk-latest-john-flint-challenging-environment-a9039586.html

Cisco cuts nearly 500 jobs in Bay Area locations – SFChronicle.com

https://www.sfchronicle.com/business/article/Cisco-cuts-nearly-500-jobs-in-Bay-Area-offices-14304907.php

U.S. Steel to lay off up to 200 workers at Michigan plant: report – MarketWatch

https://www.marketwatch.com/story/us-steel-to-lay-off-up-to-200-workers-at-michigan-plant-report-2019-08-19

Pittsburgh-based US Steel Expects 150 Layoffs At Indiana Plant – CBS Pittsburgh

https://pittsburgh.cbslocal.com/2019/08/23/pittsburgh-based-us-steel-expects-150-layoffs-at-indiana-plant/

Kraft Heinz cutting jobs

https://www.chicagobusiness.com/consumer-products/kraft-heinz-eliminating-400-positions

NC Department of Transportation laying off employees | Charlotte Observer

https://www.charlotteobserver.com/news/local/article233969157.html

Disney Layoffs Hit Nearly 60 in Media Distribution Division – Variety

https://variety.com/2019/tv/news/disney-layoffs-hit-nearly-60-in-media-distribution-division-1203318688/

Nestlé cuts 360 workers — 4,000 layoffs expected in logistics shift | Supply Chain Dive

https://www.supplychaindive.com/news/nestle-lays-off-first-360-in-internal-logistics-shifts/561275/

13 major Bay Area layoffs in 2019 – San Francisco Business Times

https://www.bizjournals.com/sanfrancisco/news/2019/08/30/13-major-bay-area-layoffs-in-2019.html

Searsageddon: Massive Sears Headquarters Layoffs, More Store Closings Reported

https://www.forbes.com/sites/warrenshoulberg/2019/08/30/searsageddon-massive-headquarters-layoffs-more-store-closings-reported/#47bc1b1466e0

Kmart store in Waupaca closing, laying off 41 employees

https://www.nbc26.com/news/local-news/kmart-store-in-waupaca-closing-laying-off-41-employees

Daily Job Cuts – Layoffs News / Job Layoffs 2019 / 2018 , Bankruptcy, Store closings, Business Economy News

https://www.dailyjobcuts.com/