Now one of the most famous grocery chains in the U.S. is getting hit by a massive wave of store closings as a nightmarish scenario for retail bankruptcies starts to unfold. Earlier this month, a spokesperson confirmed that Kroger is …
CNBC: Rising thefts at Walmart could lead to price jumps, store closures, CEO says Walmart stores across the U.S. are grappling with an uptick in shoplifting that could lead to higher prices and closed stores if the problem persists, Walmart CEO …
https://twitter.com/disclosetv/status/1420830461715173383
Relentless store closures. 6000 so far in 2019. UBS suggest 75,000 more will close over the next few years. This will result in many people who are going to be out of work. What do you think is responsible for …
The store closures continue and I will continue to report it. The debt is not without payback. Just like a person can’t live under maximum debt, neither can a corporation or government. The only difference with a government is that …
Store closures are looking to be a record high. So far in 2019, there have already been over 4000 stores closing. There’s no way to deny the economic slowdown. No, the economy is not doing well. Another wave of retail …
Store closures are continuing throughout 2019. Companies are being wiped out and industries are changing. Ultimately the goal is to replace humans with automated processes. This has been mentioned by just about every big business leader and has been implemented …
Countless stores closing, economy increasingly reliant on stimulus. This is bound to fail. The question is, when? Today we can see that many stores have closed all over the world. The biggest group being retail stores but it seems …
via bizjournals: Shopko intends to close an additional six department stores this year on top of the 39 announced late last year. The retailer, which has its headquarters in Ashwaubenon, said in December it would close 39 stores across 19 states …
Credit-card delinquencies, application rejections, and involuntary account closures are all on the upswing, according to a report from the Federal Reserve Bank of New York. The Fed says these developments are “potentially concerning” given the strength of the economy and …
by FS The following is a summary of our recent FS Insider podcast, “Retail Apocalypse Picking Up Steam, Says Bloomberg’s Matt Townsend,” which can be accessed on our site here on iTunes here. Last year we saw more than 7,000 stores close their …
Looking at what has happened over the years, we have seen the rise of the temporary worker. People have been unable to get full-time work since the Financial Crisis as a result of economic woes as well as compounded regulations, …
by Umar Farooq Retailers reportedly are filing for bankruptcy protection at a disturbing rate that’s flirting with recessionary levels. Meanwhile, a steady stream of store closures continues to haunt the battered American retail industry. “US retail store closures …
Credit card debt is rising in the UK, more families are borrowing at a faster rate. Initial jobless claims hit a 43 year low. ADP reported that only 153k jobs were added. The corporate media is a making a big …
Whoa, there are no words! The Bank Of America (among other banks) will be closing in the areas of Jade Helm starting June 16th. This might possibly support Suzanne Posel’s work. Her theory is that they are going to declare …