My cdn brehs and brehettes - lettuce talk about Target
- Thread starter MikelArteta
- Start date
Damn 17k unemployed
not just Canada, been hearing about poor retail sales for a few months now.
The US Retail Industry is Collapsing: Here’s Why You’re in Trouble
http://www.fromthetrenchesworldrepo...-collapsing-heres-why-youre-in-trouble/118767
Posted on January 14, 2015
The Organic Prepper
Shopping malls across America are going to look a whole lot emptier soon. An exodus of giant retailers is beginning with the announcement of hundreds of store closures and thousands of people newly unemployed.
The first of January, I broke with my usual tradition and wrote not about positive resolutions, but about the impending rockslide of the US economy. And “rockslide” is an apt word: as one thing starts rolling down the mountain, it will pick up other things until a veritable avalanche of other businesses and people are affected and rolling pell-mell right alongside.
Last year, we saw announcements of the expected closure of some retail giants. In February of 2013, Michael Snyder wrote on The Economic Collapse Blog that we would see the following:
Best Buy
Forecast store closings: 200 to 250
Sears Holding Corp.
Forecast store closings: Kmart 175 to 225, Sears 100 to 125
J.C. Penney
Forecast store closings: 300 to 350
Office Depot
Forecast store closings: 125 to 150
Barnes & Noble
Forecast store closings: 190 to 240, per company comments
Gamestop
Forecast store closings: 500 to 600
OfficeMax
Forecast store closings: 150 to 175
RadioShack
Forecast store closings: 450 to 550
Unfortunately, it didn’t stop there. This morning, a World News Daily report announced:
Macy’s is closing 14 of its 790 stores across the country.
JCPenney is closing 39 of its stores and laying off 2,250 workers.
Sears has been around for 122 years, but it, too, is closing 235 under-performing stores.
C. Wonder, the preppy retailer, is going out of business, closing all 11 of its U.S. stores in the next few weeks.
Wet Seal is closing 338 retail stores while dealing with bankruptcy proceedings. Nearly 3,700 full- and part-time workers will be unemployed.
Aeropostale, suffering from declining sales, closed 75 stores during the holiday season, which runs from November through January. And in 2015, they expect to close an additional 50 to 75 stores.
RadioShack, which is negotiating with lenders to gain approval to shutter 1,100 stores, said last month that it closed 175 locations in 2014. (source)
Even holiday sales, normally high, plummeted this Christmas.
Target will abandon its ill-fated expansion into Canada less than two years after its launch, the U.S. discount retailer said on Thursday in a surprise full retreat that will put more than 17,000 employees out of work and cost the company billions in write downs.
http://www.cnbc.com/id/102292447
The US Retail Industry is Collapsing: Here’s Why You’re in Trouble
http://www.fromthetrenchesworldrepo...-collapsing-heres-why-youre-in-trouble/118767
Posted on January 14, 2015
The Organic PrepperShopping malls across America are going to look a whole lot emptier soon. An exodus of giant retailers is beginning with the announcement of hundreds of store closures and thousands of people newly unemployed.
The first of January, I broke with my usual tradition and wrote not about positive resolutions, but about the impending rockslide of the US economy. And “rockslide” is an apt word: as one thing starts rolling down the mountain, it will pick up other things until a veritable avalanche of other businesses and people are affected and rolling pell-mell right alongside.
Last year, we saw announcements of the expected closure of some retail giants. In February of 2013, Michael Snyder wrote on The Economic Collapse Blog that we would see the following:
Best Buy
Forecast store closings: 200 to 250
Sears Holding Corp.
Forecast store closings: Kmart 175 to 225, Sears 100 to 125
J.C. Penney
Forecast store closings: 300 to 350
Office Depot
Forecast store closings: 125 to 150
Barnes & Noble
Forecast store closings: 190 to 240, per company comments
Gamestop
Forecast store closings: 500 to 600
OfficeMax
Forecast store closings: 150 to 175
RadioShack
Forecast store closings: 450 to 550
Unfortunately, it didn’t stop there. This morning, a World News Daily report announced:
Macy’s is closing 14 of its 790 stores across the country.
JCPenney is closing 39 of its stores and laying off 2,250 workers.
Sears has been around for 122 years, but it, too, is closing 235 under-performing stores.
C. Wonder, the preppy retailer, is going out of business, closing all 11 of its U.S. stores in the next few weeks.
Wet Seal is closing 338 retail stores while dealing with bankruptcy proceedings. Nearly 3,700 full- and part-time workers will be unemployed.
Aeropostale, suffering from declining sales, closed 75 stores during the holiday season, which runs from November through January. And in 2015, they expect to close an additional 50 to 75 stores.
RadioShack, which is negotiating with lenders to gain approval to shutter 1,100 stores, said last month that it closed 175 locations in 2014. (source)
Even holiday sales, normally high, plummeted this Christmas.
Target will abandon its ill-fated expansion into Canada less than two years after its launch, the U.S. discount retailer said on Thursday in a surprise full retreat that will put more than 17,000 employees out of work and cost the company billions in write downs.
http://www.cnbc.com/id/102292447
When sears canada dies 
Sucks 17k people will be out of a job, they getting 4 months worth of pay though, which will hold them over for a bit.
Oil industry laying off as well
Sad times
Sad times
I had an ex who's sister was the manager of a target. It became impossible to shop there because clearly being delusional c*nts ran in the family.
Honestly good riddance...
They didnt do it right...the grocery section (at least at the one i went too) was terrible...
Alot of empty shelves,didnt have alot of the same stuff in the U.S stores,no online presence in 2015 up here...You cant win with that many mistakes...
The former CEO who brought it up is a fukkup,he didnt understand the marketplace at all...
They didnt do it right...the grocery section (at least at the one i went too) was terrible...
Alot of empty shelves,didnt have alot of the same stuff in the U.S stores,no online presence in 2015 up here...You cant win with that many mistakes...
The former CEO who brought it up is a fukkup,he didnt understand the marketplace at all...
Target's a pretty good store.
And their Merona and Mossimo brand clothes get pretty good ratings by a lot of men's blogs.
Merona henleys are dope as fck,problem is in the canadian stores..they are much harder to come by and rarely get re stocks of anything...
All these middle aged broads getting wet over Saks and Nordstroms,wait til they see the inflated canadian retail prices
Boogie
Been a joint call me Mr. Backwood
fukk Target. Used to work there overnights unloading the truck and stocking. 10-6. To make it worse it was two stories.
Quit after two days, fukk that job. Never shopped there that much either the prices seemed higher than Walmart
Quit after two days, fukk that job. Never shopped there that much either the prices seemed higher than Walmart
Target fukked alot of those employees tho,bought out the old chain,re hired the employees at minimum wage only to gut them 2 years later...
HookersandIceCream
#TeamOrange
Canada ain't got no love for target?
Fukk Tim Hortons
Fukk Tim Hortons