The following are 13 major retailers that are closing down stores… #1 Sears lost 580 million dollars in the fourth quarter of 2015 alone, and they are scheduled to close at least 50 more “unprofitable stores” by the end of this year. #2 It is being reported that Sports Authority will file for bankruptcy in March. Some news reports have indicated that around 200 stores may close, but at this point it is not known how many of their 450 stores will be able to stay open. #3 For decades, Kohl’s has been growing aggressively, but now it plans to shutter 18 stores in 2016. #4 Target has just finished closing 13 stores in the United States. #5 Best Buy closed 30 stores last year, and it says that more store closings are likely in the months to come. #6 Office Depot plans to close a total of 400 stores by the end of 2016. The next seven examples come from one of my previous articles… #7 Wal-Mart is closing 269 stores, including 154 inside the United States. #8 K-Mart is closing down more than two dozen stores over the next several months. #9 J.C. Penney will be permanently shutting down 47 more stores after closing a total of 40 stores in 2015. #10 Macy’s has decided that it needs to shutter 36 stores and lay off approximately 2,500 employees. #11 The Gap is in the process of closing 175 stores in North America. #12 Aeropostale is in the process of closing 84 stores all across America. #13 Finish Line has announced that 150 stores will be shutting down over the next few years. source: http://theeconomiccollapseblog.com/ar... -------------------------------------------------------------------------------------- Have you been blessed by our ministry broadcast? Please show your support and appreciation for the hard work invested by donating a financial blessing: Online: http://www.emoaf.org/Donate.html or mail: PO Box 9570 Rancho Cucamonga, CA 91701. Thank you and God richly bless you in Jesus name, Amen. Be sure to visit our website and make yourself at home: http://www.emoaf.org/
Junt has visited the Fall River, MA Kmart in the 2014 Black Friday and Halloween Clearance episodes, but that same Kmart is now closing permanently after the lessors have not renewed them. After 30 years of business, we say goodbye. Anne & Hope Curtain and Bath Outlet! https://youtu.be/VR7zcnKwa8s Christmas Tree Shops! https://youtu.be/I85PEdz5qz0 Sears - Black Friday 2015! https://youtu.be/6KxtsXAvA08 Party City! https://youtu.be/l4gkco2keTs Church Fair - Grandma’s Attic 2015! https://youtu.be/75X1tAcP5S0 Dollar Tree! https://youtu.be/9iBdq63qpg0 Big Lots! https://youtu.be/ZkJyldt3m6Y Westport, MA Book Fair 2015! https://youtu.be/BJgz4X5IHTQ Little Compton Church Fair 2015! https://youtu.be/Fx2Cozf-5fM Shaws! https://youtu.be/kCrXrZT_Q5k Christmas Party Shopping at Stop & Shop 2014! https://youtu.be/enHd9C5KvCg Holiday Shopping at Ocean State Job Lot 2014! https://youtu.be/OTNHe8d2pWs Midnight Black Friday at K-Mart 2014! https://youtu.be/0i2r-YnMYt4 Halloween Clearance 2014! https://youtu.be/Dzz09vOxCW8 Target! https://youtu.be/-HzsnvT7nO4 Church Fair - Grandma’s Attic 2013! https://youtu.be/c3ZVTuqAcW0 BoxMac - The Search for the Best Boxed Macaroni and Cheese! https://www.youtube.com/playlist?list=PLmqeFKoBmT0I_glrgD5zC8NEXgTQ_-Jx_ The whole Junt! playlist! https://www.youtube.com/playlist?list=PLmqeFKoBmT0KxZWrixVpE_ytmOPdPhHHt Subscribe to https://www.youtube.com/c/RedCowEntertainment And much more at http://www.redcowentertainment.com.
Have you heard the stories everywhere that Walmart is closing store to usher in Martial law? Well, fortunately this is not true. Not yet anyway. Evidently there is a legitimate reason Walmart is closing down store abruptly and claiming it is plumbing issues. Yes, it is not really plumbing issues. We knew that. The real reason is perhaps more sinister.
On December 27, 2011, after poor holiday sales, Sears Holdings announced that 100 to 120 of Sears/Kmart stores would close.] In 2014, news reports indicated that Kmart was closing dozens of stores across the United States.Kmart's parent company Sears Holdings Corporation underwent financial distress throughout the year, sparking an unspecified number of closings to Sears and Kmart locations amid vendors and lenders concerns about its liquidity. Along with store closings, measures included the spinning off its Lands' End division, selling most of its stake in Sears Canada, issuing debt and taking on loans that cumulatively put it on track to raise $1.445 billion in cash in 2014. Howard Riefs, a company spokesman who has often spoken on behalf of Kmart, has said: "Store closures are part of a series of actions we're taking to reduce on-going expenses, adjust our asset base and accelerate the transformation of our business model." On October 10, 2014, Kmart was victim of a data breach concerning customers' credit and debit card information.Kmart confirmed on October 19, "Based on the forensic investigation to date, no personal information, no debit card PIN numbers, no email addresses and no social security numbers were obtained by those criminally responsible. There is also no evidence that kmart.com customers were impacted. This data breach has been contained and the malware has been removed. I sincerely apologize for any inconvenience this may cause our members and customers." In January 2015, Kmart agreed to pay $102,048 and other consideration to settle a U.S. Equal Employment Opportunity Commission disability discrimination lawsuit. According to the lawsuit, Kmart offered a job at its Hyattsville, Maryland, store to a candidate with kidney disease on dialysis. The candidate advised the hiring manager that he could not provide a urine sample for the company's mandatory pre-employment drug screening because of his medical condition, and requested a reasonable accommodation such as a blood test or other drug test that did not require a urine sample; Kmart refused to provide an alternative test and denied the candidate employment. In April 2016, Kmart announced it was closing 68 stores. The chain announced in September 2016 that 64 more stores in 28 states would close by mid-December 2016. In December 2016, at least 25 Kmart locations were targeted for closure in early 2017.