by Mac Slavo of SHTFplan Just two months into 2019, many more retail stores have announced their closures amid a slowing in consumer spending. The retail apocalypse is worsening and there are some major stores on “deathwatch;” which would mean going out of …
In a major shift, Tesla announced that it will only sell its vehicles online. The electric carmaker will close most of its stores over the “next few months” and lay off some retail employees. Tesla announced the move at the …
by _RyanBenson Link to the interactive visualization: https://dfir.blog/chrome-evolution/ This visualization uses data I generated by performing a fixed set of “browsing actions” in all 72 versions of Chrome (post with full details at https://dfir.blog/capturing-chromes-evolution/). I built a Python script …
via Reuters: U.S. discount retailer Payless ShoeSource Inc plans to close all of its approximately 2,300 stores when it files for bankruptcy later this month for the second time in as many years, people familiar with the matter said on Thursday. …
via Samantha Biggers: Over the past few months, my husband and I have kept an eye on the store shelves in our area. We don’t shop daily or even weekly, but the trend of increasingly bare shelves has been incredibly disturbing. …
by visualcapitalist The retail landscape is in a constant state of flux. E-commerce is indisputably disrupting almost every imaginable aspect of retail, creating what has been coined as the “retail apocalypse”. As a result, certain segments of the market have had …
NEW YORK (Reuters) – Sears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction for the U.S. department store chain with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to keep its doors open, people …
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 …
https://twitter.com/NewsBreaking/status/1082644250934870017 Sears has not accepted Chairman Eddie Lampert’s bid to save the company. According to CNBC, Sears plans to announce its liquidation plans this morning. Lampert had attempted to save the company with a $4.4 billion bid and buying it …
Dollar-store chains like Dollar General and Dollar Tree are rapidly expanding by targeting the poor, particularly in predominantly black neighborhoods and rural areas, while planning for a permanent American underclass, according to a new report from the community development nonprofit …
by Dr. Eowyn Actions have consequences, and Dick’s Sporting Goods is discovering what its gun-control virtue-signaling costs. But Dick’s billionaire chairman and CEO doesn’t give a hoot. Dick’s first modified its gun-sales policy in the wake of the Sandy Hook …
Lists Of Stores That Will Be Open and Closed On Thanksgiving Day “As Thanksgiving approaches, some retailers are committing to closing their doors on the holiday, but many others are staying open hoping to stag eager holiday shoppers, according to …
by DCG More “feel-good,” useless legislation (show me a study where it’s been shown that signs reduce gun violence) that will do nothing to stop criminals. From MyNorthwest.com: The King County Board of Health passed legislation requiring stores that sell firearms and …
by Daisy Luther via The Organic Prepper By now, just about everyone has watched one or more local stores close their doors for good. Lowe’s, a hardware and home improvement store that has been around for 72 years, is closing around 50 of …
by Daisy Luther By now, just about everyone has watched one or more local stores close their doors for good. Lowe’s, a hardware and home improvement store that has been around for 72 years, is closing around 50 of their …
SEATTLE (AP) — Starbucks is restructuring its European operations after several years of slowing sales. The Seattle-based coffee chain is selling 83 company-owned stores in France, the Netherlands, Belgium and Luxembourg to its longtime partner, Alsea. Alsea will also provide …
The National goes undercover to investigate some of Apple’s controversial business practices including allegations of overpriced repair charges and the battery/slowdown scandal.
Mattress Firm, which has been grappling with declining sales following an overexpansion and a scandal at its parent company, filed for Chapter 11 bankruptcy protection Friday. The nation’s largest mattress retailer has been ailing amid a surge of bed-in-a-box online retailers, too …
Sears Holdings is closing at least three additional stores as the retailer faces serious questions about its future heading into the crucial holiday shopping season. The company is closing one Sears store in New York, a Kmart in New York …
by Geoffrey Grider For those of you Millennials who might struggle with this term, simply replace the word ‘mark’ with the word ‘app’, and you’ll get it right away. The Bible clearly teaches us that the Church is removed from this …
.@VictoriasSecret says it's closing 20 stores this year https://t.co/RW9UsZ7Ki4 — Insider (@thisisinsider) August 24, 2018 #Retail Round-up: L Brands announced it will be closing 20 Victoria's Secret stores. The retailer has a large number of in-line stores at major malls which produce …
by Daisy Luther, The Organic Prepper The retail apocalypse continues as Sears closes another 46 stores. Last year, hundreds of stores closed, and this year, even more shops have been scheduled to shut their doors for good. Strangely, Sears is closing their stores …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Brick-and-mortar sales at hero-of-the-day Nordstrom actually fell! Nordstrom’s shares popped 12% this morning after it reported better-than-expected results. Where did the sales gains come from: e-commerce sales. Sales from Nordstrom.com soared 50% year-over year to $897 million. Including …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter They Come Under “Intense Scrutiny” by the Pension Funds that Feed Them. But this too shall pass. For the past three mornings, Toys ‘R’ Us has tweeted the countdown of its demise: On Saturday: “Only 6 Days …
via bnnbloomberg: Americans’ long-running joke about a Starbucks on every corner may be nearing its end. The coffee behemoth is retrenching in its home market as it contends with sales growth that Chief Executive Officer Kevin Johnson acknowledges isn’t fast enough. …
by Ruby Henley Back in 2015, we witnessed some Walmart stores being abandoned for plumbing issues – they said. Remember at that time, Obama was President, so Trump cannot be blamed for anything which took place in 2015. However, NBC …
by DCG From MSN: As McDonald’s seeks to modernize its business, the company is placing a big bet on mobile and other tech platforms. McDonald’s has been systematically adding self-service ordering kiosks and table service to stores as it works to “build …
Josh Sigurdson talks with author and economic analyst John Sneisen about the continuation of the incredibly epic retail apocalypse which has claimed countless massive businesses and seen bankruptcies across the board. Sears has just announced that they will be closing …
https://www.marketwatch.com/investing/stock/shld?mod=MW_story_quote Here’s the list of 63 stores Sears is closing in the ‘near future,’ and there are more coming Sears* 10001 N. Metro Parkway West Phoenix Arizona Sears 100 S. Puente Hills Mall City of Industry California Kmart 910 North …
by Michael Snyder When sales have declined for 26 quarters in a row, you have got to know that your days are numbered. Once upon a time, Sears was an unbeatable retail powerhouse. It survived two world wars and the Great …