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Keyword: retail

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  • 70% Of Jobs Added In January 2016 Were Minimum Wage Waiters And Retail Workers

    02/05/2016 8:52:32 AM PST · by SeekAndFind · 23 replies
    Zero Hedge ^ | 02/05/2016 | Tyler Durden
    For those curious where the big jump in earnings came from, the answer appears rather simple: the reason, according to the BLS' breakdown of jobs added in January (per the Establishment survey), of the 151,000 jobs added in the past month, retail trade added 58,000 jobs in January, while employment in food services and drinking places, aka waiters and bartenders, rose by 47,000 in January.In other words, 70% of the job gains in January went to minimum wage workers. So how does one explain the snap higher in January wages? Simple: state regulations demanding higher wages for minimum wage...
  • Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America

    02/01/2016 8:58:20 AM PST · by SeekAndFind · 134 replies
    EAD ^ | 02/01/2016 | Michael Snyder
    Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as we enter 2016. As economic activity slows down and Internet retailers capture more of the market, brick and mortar retailers are cutting their losses. This is especially true in areas that are on the lower portion of the income scale. In impoverished urban centers all over the nation,...
  • Nearly Everything at These Walmart Stores Is Now 50% Off

    01/22/2016 6:55:23 PM PST · by Citizen Zed · 17 replies
    time.com/money ^ | 1-22-2016 | Brad Tuttle
    Last week, Walmart dropped a bombshell on the retail world with the announcement it was closing 269 stores worldwide, including 154 in the U.S. The vast majority being shuttered in the U.S. are Walmart Express stores -- the company's tiniest retail locations, which ultimately proved unprofitable for the big box-focused giant. Walmart isn't wasting any time in shutting the stores down. The full list of where and when stores are being closed can be found here, and it shows that the vast majority will close their doors on Thursday, Jan. 28.
  • J.C. Penney to sell home appliances again after 33 years

    01/21/2016 8:10:52 PM PST · by jeannineinsd · 55 replies
    Fortune ^ | Phil Wahba
    The retailer sees a big opportunity in the appliance business, and in Sears' problems. For the first time in 33 years, the department store will be selling home appliances like refrigerators and washing machines by General Electric, Hotpoint, LG and Samsung, at 22 of its roughly 1,000 stores. If all goes well with the pilot, which begins Feb. 1 in stores in the San Antonio, San Diego and Tampa metro areas, Penney could roll out the home appliance offerings to hundreds more stores by October. The return to home appliances is the first major new initiative by former Home Depot...
  • Walmart Closes LA Store Over $15 Minimum Wage

    01/18/2016 5:41:11 AM PST · by Rockitz · 96 replies
    Breitbart.com ^ | 17 Jan 2016 | Chriss W. Street
    Los Angeles residents of impoverished Chinatown were shocked to learn on January 17 that the Walmart they pleaded for years to get would be shut down at 7 p.m. Sunday evening due to the city’s new $15 minimum wage ordinance, and union harassment. (Update: The closure was described by the company as one of 154 closures “that took into account a number of factors, including financial performance as well as strategic alignment with long-term plans.”) Immigrant Hispanic and Asian residents of central Los Angeles campaigned for years for a “big box” retailer to locate in their economically depressed neighborhood to...
  • Wal-Mart to close 269 stores, including 154 in the U.S. and 9 in California

    01/15/2016 3:22:04 PM PST · by jeannineinsd · 41 replies
    Los Angeles Times ^ | 1/15/16 | Samantha Masunaga
    Wal-Mart Stores Inc. said Friday that it will close 269 of its stores globally, including 154 in the U.S., nine of them in California, as the company looks to reposition itself in a difficult retail climate. The retailer does not necessarily appear to be shrinking its U.S. footprint, however. The retailer said that in the next year, it plans to open more than 140 new stores nationwide. Plans include opening or expanding nine stores in California. Two Wal-Mart stores in Los Angeles -- one on Crenshaw Boulevard and one on West Cesar E. Chavez Avenue -- as well as one...
  • WAL-MART TO SHUTTER 269 STORES, 154 OF THEM IN THE US

    01/15/2016 7:40:28 AM PST · by bryan999 · 35 replies
    NEW YORK (AP) -- Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market. The stores being shuttered account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its global revenue. More than 95 percent of the stores set to be closed in the U.S. are within 10 miles of another Wal-Mart. The Bentonville, Arkansas, company said it is working to ensure that workers are placed in nearby locations. The store closures will start at the end of the month.
  • Wal-Mart to Close 269 Stores as It Retools Fleet (In US: 154 stores, 10,000 jobs lost)

    01/15/2016 6:25:32 AM PST · by kristinn · 88 replies
    CNBC ^ | Friday, January 15, 2016 | Krystina Gustafson and Courtney Reagan
    Wal-Mart said Friday it will close 269 stores across the globe, including 154 in the U.S. The world's largest retailer also will open as many as 405 stores globally in the coming fiscal year, as it shifts its focus toward Supercenters and Neighborhood Markets in profitable locations. In all, 16,000 employees will be impacted by the store closings, about 10,000 of whom are in the U.S. Also domestically, Wal-Mart will also close 23 Neighborhood Market stores, 12 Supercenters, seven stores in Puerto Rico, six discount centers and four Sam's Clubs.
  • Kohl's Corp. directors considering taking company private, report says

    01/11/2016 10:19:33 AM PST · by afraidfortherepublic · 12 replies
    Millwaukee Journal Sentinel ^ | 1-11-16 | Rick Romell and Paul Gores
    Directors of Kohl's Corp., which has been struggling to regain at least some of the growth that once made the company a retailing star, are weighing the possibility of going private, The Wall Street Journal reported Monday. Citing a person familiar with the situation, the paper said directors are debating whether to hire an investment bank to explore alternatives that could include sale to a private equity firm. The discussions are preliminary and may not lead to such action, the paper reported. But New York-based retail consultant Howard Davidowitz said the considerable cash flow Kohl's generates makes it attractive to...
  • Donald Trump gloats after massive Macy's job cuts

    01/07/2016 8:36:05 AM PST · by TangledUpInBlue · 120 replies
    The Business Insider ^ | 1/7 | Colin Campbell
    Trump had a high-profile feud with Macy's shortly after he launched his presidential campaign in June with a fiery campaign speech in which he accused the Mexican government of sending rapists and murderers across the border. Macy's was among several corporations to sever financial ties with Trump amid the resulting firestorm. The store said it would phase out its Trump-branded ties, dress shirts, and "Success" fragrance. Trump responded by calling for a boycott of the store and retweeted his supporters who said they were cutting up their Macy's credit cards.
  • Toys R Us follows in the footsteps of F.A.O Schwarz and closes flagship Times Square store [tr]

    12/31/2015 6:43:49 AM PST · by C19fan · 25 replies
    UK Daily Mail ^ | December 31, 2015 | Chris Pleasance
    For decades, excited children visiting New York begged their parents for a visit to a toy store unlike any other - complete with 60-foot indoor Ferris wheel, 20-foot animated T Rex and a life-size Barbie dollhouse. For hundreds of thousands of youngsters, the Toys R Us store in Times Square, the brand's flagship property, held a special place in the imagination as a store where dreams really did become reality. However, that dream sadly came to an end after 14 years yesterday as the store closed its doors to shoppers - following on the heels of fellow toy shop F.A.O...
  • Weekly Paper Freaks Out Over Cabela’s Christmas Gun Ad

    12/26/2015 5:44:34 AM PST · by Hojczyk · 60 replies
    Gateway Pundit ^ | DECEMBER 26, 2015 | Michael Strickland
    If you’re a person in the USA, you probably get ads in the mail all the time from gun and outdoor stores advertising firearms, especially during November and December, or whenever Obama says anything about more gun laws. Sometimes these ads come in the Wednesday flyer pile in the newspaper, as was the case this week when a Cabela’s ad featuring an AR 15 was circulated in the Oregonian ads. Most people either chuck the ad or save it and head to whatever gun shop it is. Unless you’re Willamette Week author Coby Hutzler or reader Doug Menely, then you...
  • Christmas Shopping in Chicago - In Line or Online, How Times Have Changed

    12/25/2015 7:20:46 AM PST · by jfd1776 · 14 replies
    Illinois Review ^ | December 24, 2015 A.D. | John F. Di Leo
    If you regularly drive north from Chicago to Milwaukee on I-94, as I do, you have watched Amazon’s Kenosha distribution center grow by leaps and bounds. The parking lot is full, day and night, as it is in online retailers’ similar facilities all over the country nowadays. They may be on the outskirts of a metro like the Kenosha one, or in the heart of town, like Amazon’s 26 urban fulfillment centers in Houston, New York, San Francisco, Miami and Atlanta, often saving a blighted neighborhood by new construction and new jobs that no other business could justify bringing there....
  • Men, women and Ikea: It’s complicated

    12/21/2015 1:25:46 PM PST · by Flick Lives · 40 replies
    The Washington Post ^ | Dec 17, 2015 | Jeff Guo
    Psychologists have long said that men tend to be better than women at spatial tasks, like mentally picturing and manipulating shapes. Hundreds of studies spanning several decades have shown that on average, men score higher on tests asking them to rotate objects in their heads. This is one of the few persistent and significant differences scientists have discovered between the brains of men and women. The pattern also aligns, perhaps suspiciously, with stereotypes about men being better at reading maps or parking -- or putting together flat-pack furniture. That last cliche might actually be true. Researchers at the University of...
  • Is shopping on Christmas Day the next retail push?

    12/14/2015 9:44:36 AM PST · by PROCON · 20 replies
    cbsnews.com ^ | Dec. 14, 2015 | Aimee Picchi/
    It was once anathema to think of shopping on Thanksgiving Day, but now that's become almost commonplace with the likes of Walmart (WMT) and Macy's (M) opening their doors on the holiday. What's next? Christmas Day? Actually, yes, according to consulting company LoyaltyOne. "It's inevitable," said LoyaltyOne managing partner Dennis Armbruster, who predicts that retailers will start opening on Christmas Day within three years. "What Christmas means to some is just changing, and a lot of families don't necessarily celebrate on Christmas Day because of extended family dynamics. Consumers are also highly used to getting what they want, when they...
  • Black Friday sales fall 10% from last year

    11/30/2015 1:32:04 PM PST · by Lorianne · 30 replies
    Guardian UK ^ | 28 November 2015
    Total sales in the US on Black Friday fell 10% to $10.4bn this year, down from $11.6bn in 2014, according to research firm ShopperTrak. The decline in sales on the traditional busiest shopping day of the year has been blamed on shops opening the day before. But this year, sales on Thanksgiving also dropped, and by the same percentage, to $1.8bn. A big reason for the decline is increased online shopping, as Americans hunt down deals on their smartphones, tablets and computers. Many retailers are also offering bargains long before Thanksgiving, limiting the impact of Black Friday specials.
  • Target website down on Cyber Monday traffic

    11/30/2015 10:20:45 AM PST · by Citizen Zed · 2 replies
    Reuters ^ | 11-30-2015
    Discount retailer Target Corp's website was down due to heavy traffic on Cyber Monday. Shoppers looking for bargains on www.target.com/ were greeted with an error message: "So sorry, but high traffic's causing delays. If you wouldn't mind holding, we'll refresh automatically & get things going ASAP." "Both traffic and order volumes are exceeding Target's Thursday Black Friday event ... To help manage the volume, we have been metering traffic to the site," Target spokeswoman Jamie Bastian said. The company, the fourth largest U.S. retailer, said it was working to restore Target.com to full functionality. Website performance monitor Catchpoint Systems said...
  • Black Friday Winners And Losers: How Amazon, Walmart, Apple And More Fared

    11/30/2015 10:26:18 AM PST · by Swordmaker · 6 replies
    Forbes ^ | November 30, 2015 | by Clare O'Connor
    With the Black Friday weekend now behind us, analysts and market researchers are crunching numbers to determine how many billions Americans spent on the annual sales bonanza. (It's an inexact science, as The Atlantic noted.) Consumer insights firm ShopperTrak, for one, is estimating that shoppers spent over $1 billion less in brick-and-mortar stores on Black Friday this year than in 2014, thanks to the growth of e-commerce and to retailers "successfully elongating the holiday." What is becoming clear is that some retailers and brands fared far better than others on the biggest shopping day of the year, based on both...
  • Macy’s Announces Major Sales Drops Now Cutting Full-Year Forecast… Posted

    11/12/2015 2:10:52 PM PST · by detective · 84 replies
    Breitbart ^ | November 11, 2015 | Sundance
    Macy's is blaming "warm weather" and "low spending from tourists" for a massive drop in sales and excessive on hand inventory, which has now caused them to cut their full year sales forecast.
  • Target to close 13 stores nationwide amid plummeting profits

    11/04/2015 5:21:37 PM PST · by gwgn02 · 34 replies
    DailyMail ^ | 11/4/2015 | AP
    Target plans to close 13 stores nationwide, most in the Midwest where the store has its roots. The Minneapolis, Minnesota-based retailer says a decision to close a store usually follows several years of decreasing profitability. The retail giant plans to close the stores on January 30, 2016. The 13 are among Target's nearly 1,800 stores in the U.S.
  • Christmas 'buycott' to back Christian friendly businesses

    11/03/2015 5:59:10 PM PST · by BlackFemaleArmyCaptain · 7 replies
    The Washington Examiner ^ | 11/3/2015 | Paul Bedard
    With 70 percent of "faith consumers" eager to shop at Christian friendly stores, a new pre-Christmas campaign has opened to steer them to the right businesses and encourage others firms through a "buycott" to be more welcoming. Called #AddUsIn, the effort from the influential group Faith Driven Consumer, is taking a page from the nation's LGBT lobby, the Human Rights Campaign, to reward, not boycott, firms that welcome Christians through their policies. Organizers told Secrets that it wants companies that herald their "rainbow of diversity," typically focused on minorities, to also include Christians and their values. For example, if a...
  • REI to remain closed on Black Friday, will pay employees

    10/26/2015 7:59:49 PM PDT · by Perdogg · 34 replies
    "For 76 years we've been dedicated to getting people outside," a statement on the company's website said. "On Nov. 27 the co-op is closing all 143 stores so our employees can do just that." The move comes as several retailers, including GameStop and Staples, announced they will remain closed on Thanksgiving, to allow employees time to be with their families.
  • Oregon Pot Stores Sell More Than $11 Million in First 5 Days

    10/09/2015 4:08:33 PM PDT · by 2ndDivisionVet · 15 replies
    ABC News ^ | October 9, 2015 | The Associated Press
    Retailers sold more than $11 million of marijuana during Oregon's first week of legal recreational sales, outpacing the early business done in other states that have legalized pot, according to the Oregon Retailers of Cannabis Association. Oregon retailers had sales of $3.5 million by the end of opening day, Casey Houlihan, executive director of the association, told the Statesman Journal ( http://is.gd/6L3fPc ). By contrast, Colorado's first week of sales reached $5 million. In Washington, sales during the first month hit $2 million....
  • DEPARTMENT STORE RESULTS IMPLODING

    08/18/2015 6:40:15 PM PDT · by Lorianne · 48 replies
    Burning Platform ^ | 15 August 2015
    The government issued their monthly retail sales this past week and four of the biggest department store chains in the country announced their quarterly results. The year over year retail sales increase of 2.4% is pitifully low in an economy that is supposedly in its sixth year of economic growth with a reported unemployment rate of only 5.3%. If all of these jobs have been created, why arent retail sales booming? The year to date numbers are even worse than the year over year numbers. With consumer spending accounting for 70% of our GDP and real inflation running north of...
  • Macy's cuts outlook as sales, profit slide (Trump Factor??)

    08/12/2015 11:50:56 AM PDT · by ripnbang · 42 replies
    Market Watch ^ | August 12, 2015 | Chelsey Dulaney
    Macy's Inc. on Wednesday cut its sales guidance for the year after reporting steeper-than-expected slides in sales and profit in its second quarter. Chief Executive Terry J. Lundgren said the company was disappointed with its second-quarter results, but said Macy's expects improvement in the second half of the year.
  • Victory: Target to de-gender some signs in stores

    08/09/2015 10:12:33 AM PDT · by SeekAndFind · 24 replies
    Hotair ^ | 08/08/2015 | Jazz Shaw
    Like me, I’m sure most of you are sick and tired of going into Target and other large retail outlets and being assaulted by the collection of insulting, gender biased signs which clutter the store. Why must they insist on telling me that the high heeled shoes are for women and the wing-tips are for men? And if you want your son to play with Barbie Dolls, whose business is it but your own? Must they ostracize you by marching your little boy into a section of the store which is labeled “girls” in a big sign over your...
  • Target removing gender labels from most childrens departments

    08/09/2015 4:34:01 PM PDT · by tcrlaf · 25 replies
    WGN ^ | 8-9-2015 | WGN Web Desk
    Target is removing gender labels from most of its childrens departments. The move comes after customers complained about signs that designated certain toys for girls.
  • Call center closing to cost Columbus nearly 300 jobs (Nebraska)

    08/06/2015 8:52:58 PM PDT · by 2ndDivisionVet · 8 replies
    KWES-TV ^ | August 5, 2015 | The Associated Press
    COLUMBUS, Neb. (AP) - Officials say nearly 300 Columbus jobs will be lost with the closing of the Apogee Retail call center. The Columbus Telegram reports (http://bit.ly/1Ikppdx ) that the company announced the closing on Tuesday, after workers were informed. The closing is planned for Oct. 4. Apogee is a subsidiary of Savers LLC and operates more than 330 thrift stores in the U.S., Canada and Australia. The Columbus operation employs 176 full-time and 120 part-time workers....
  • Walmart halts gun sales during flooding 'to comply with the law' (FL)

    08/04/2015 10:09:17 AM PDT · by aimhigh · 12 replies
    Herald Tribune ^ | 08/04/2015 | Lee Williams
    For a gun writer, it sounded almost too unbelievable to be true. The Pasco County Board of Commissioners declares a state-of-emergency Saturday because of severe rains and flooding, and then an unknown county official supposedly orders the Walmart Supercenter in Wesley Chapel to suspend firearms and ammunition sales because of the emergency. Aaron Mullins, Walmart's corporate spokesman, confirmed the story Monday, at least at first. "A county official reached out to the store and said they weren't allowed to sell firearms or ammo," Mullins said Monday morning. "The store did not give me the person's name, but said they were...
  • Amazon overtakes Walmart in market value after unexpected profit

    07/24/2015 3:11:45 AM PDT · by Mad Dawgg · 17 replies
    FT.com ^ | July 23, 2015 | Stephen Foley
    Amazon overtook Walmart as the largest US retailer by market capitalisation on Thursday, after posting an unexpected quarterly profit and revenues that easily beat Wall Street expectations. The online retail pioneer, which has been aggressively expanding its Amazon Prime membership service with one-day sales events and same-day free delivery options, was valued as high as $267bn after a 19 per cent share price surge in after-hours trading. Walmart, with its network of physical stores around the US, had a market capitalisation of $235bn on Thursday. Amazon said its second-quarter revenues hit $23.2bn, up 20 per cent on the same period...
  • Macy's Takes it In the Shorts...Over Firing

    07/15/2015 9:54:05 AM PDT · by SoFloFreeper · 27 replies
    TMZ ^ | 7/13/15
    Macy's is paying the price for sacking Donald Trump, because we've learned thousands of customers are cutting up their Macy's credit card in protest. Sources connected to the department store tell TMZ, Macy's has received complaints from approximately 30,000 customers since ending its relationship with Trump nearly 2 weeks ago. We're told the store has been "inundated with complaints" from customers who believe the department store is unfairly punishing Trump for his views on immigration.
  • Donald Trump: Macy's Takes it In the Shorts...Over Firing

    07/13/2015 3:09:49 PM PDT · by 2ndDivisionVet · 43 replies
    TMZ ^ | July 13, 2015 | Staff
    Macy's is paying the price for sacking Donald Trump, because we've learned thousands of customers are cutting up their Macy's credit card in protest. Sources connected to the department store tell TMZ, Macy's has received complaints from approximately 30,000 customers since ending its relationship with Trump nearly 2 weeks ago. We're told the store has been "inundated with complaints" from customers who believe the department store is unfairly punishing Trump for his views on immigration. Our sources say thousands of customers have vowed never to shop at Macy's again and many of them say they're cutting up their Macy's credit...
  • Meet Sweetgreen -- the 'next Chipotle' Salads, rice and grain bowls have customers lining up

    07/10/2015 1:18:40 PM PDT · by 2ndDivisionVet · 51 replies
    KOTA-TV ^ | July 10, 2015 | Heather Long
    NEW YORK (CNNMoney) - When Americans line up for salad, you know there must be something special about it. That's exactly what's happening at the hot new restaurant chain Sweetgreen. It is already being dubbed the "next Chipotle." Sweetgreen was founded in 2007 by three Georgetown University friends who had a simple vision: make healthy food yummy, affordable and fun. "Healthy food shouldn't just be for the top 1%," Jonathan Neman, one of the co-founders, told CNNMoney. He studied abroad in Australia and was frustrated when he returned to the U.S. and felt his affordable meal options were limited. Just...
  • Trump Says His Supporters Are Cutting Up Their Macys Credit Cards

    07/06/2015 3:34:36 PM PDT · by 2ndDivisionVet · 164 replies
    Time Magazine ^ | July 6, 2015 | Tom Huddleston, Jr., Fortune
    (VIDEO-AT-LINK)Billionaire presidential hopeful says its a protest against immigration.When youre Donald Trump, another rescinded corporate partnership is nothing if not an opportunity to galvanize your supposedly growing base of political supporters. The billionaire real estate mogul, reality-television personality, and Republican presidential hopeful has spent the past week taking Twitter pot-shots at Macys after the department store chain severed ties with Trump and his line of menswear amid the uproar over Trumps recent derogatory comments about Mexican immigrants. On Monday, Trump who, last week, gleefully pointed out on Twitter when Macys stock had fallen by less than 0.5% tweeted...
  • TRUMP: Boycott Macy's

    07/03/2015 2:04:59 PM PDT · by WilliamIII · 99 replies
    Business insider ^ | July 1 2015 | Business Insider
    Real-estate mogul and GOP presidential candidate Donald Trump called for a boycott of Macy's on Wednesday after the retail company said it would drop Trump's products. Earlier in the day, Macy's said it was snubbing Trump because of the "disparaging characterizations" he made about Mexican immigrants during his campaign launch. Among other things, Trump accused Mexico of sending its "rapists" and drug dealers to the US. In addition to blasting Macy's in an official statement, Trump attacked Macy's in a series of tweets for being "weak on border security" Read more: http://www.businessinsider.com/trump-boycott-macys-2015-7#ixzz3ergFOT2w
  • Walmart, Comcast Celebrate Gay Pride

    07/01/2015 6:36:14 AM PDT · by NKP_Vet · 15 replies
    http://www.aim.org ^ | June 30, 2015 | Cliff Kincaid
    Homo is Healthy was one of the signs on the official gay pride website for the big march celebrating the Supreme Courts ruling on same-sex marriage on Sunday, June 28, in New York City. It was brought to you, in part, by Walmart, a high-level Platinum sponsor that happens to be Americas largest private sector employer. The giant retailer was among a Whos Who of corporate America that also included sponsors Coke, Netflix, Hilton, PBS, Macys and Comcast Universal (NBC). Peter LaBarbera of Americans for Truth covered the event, publishing photos of nearly naked men and a leather contingent on...
  • Macy's dumps Donald Trump

    07/01/2015 7:43:08 AM PDT · by GIdget2004 · 64 replies
    CNN ^ | 07/01/2015 | MJ Lee
    Macy's is pulling Donald Trump brand merchandise from its stores after the Republican presidential candidate's recent controversial remarks created a public uproar. The department store has come under intense pressure to cut ties with the real estate magnate and businessman after he referred to immigrants from Mexico and other countries "killers and rapists." In a statement Wednesday morning, Macy's said the company "stands for diversity" and that it had no tolerance for discrimination. "We are disappointed and distressed by recent remarks about immigrants from Mexico. We do not believe the disparaging characterizations portray an accurate picture of the many Mexicans,...
  • Mega-Retailers Confirm That Pushing Liberal Agenda Comes Before Making Money

    06/25/2015 7:25:41 AM PDT · by QT3.14 · 13 replies
    Moonbattery ^ | JUNE 24, 2015 | Dave Blount
    Mega-retailers have confirmed their loyal membership in the liberal Establishment and their willingness to join in an ideological war of annihilation against the very concept of the South by refusing to sell Confederate flag merchandise. This confirms that like Big Advertising, Big Retail is far more concerned with advancing the liberal agenda than with making money, because thanks to the authorities big push to suppress it, the rebel flag is selling better than ever:
  • *FREEP THIS POLL* Sears, Kmart join Walmart in removing Confederate flag items from stores, online

    06/23/2015 9:53:55 AM PDT · by rarestia · 36 replies
    BayNews9 ^ | Tuesday, June 23, 2015 | Staff
    Major retailers are halting sales of the Confederate flag after the shooting deaths of nine black church members in South Carolina. Sears Holding Corp. says it is removing Confederate flag merchandise from its website, and a spokesman says that no Confederate flag merchandise is sold inside Sears or Kmart stores. On Monday, Wal-Mart Stores Inc. said it would remove all items from its store shelves and website that feature the flag after the shooting suspect, Dylann Storm Roof, appeared in photos holding the flag. However, the companies that make Confederate flags and confederate-themed products, as well as smaller operators that...
  • Walmart Will Stop Selling Confederate Flag Merchandise

    06/22/2015 5:54:40 PM PDT · by markomalley · 63 replies
    Mediaite ^ | 6/22/15 | Josh Feldman
    After days of dancing around the matter, a score of South Carolina legislators (including the governor and both of its senators) stood united to say the Confederate flag should be removed from the state capitol.The controversy over the flag renewed after pictures were uncovered of the Charleston church shooter having a Confederate flag license plate. People have argued the kind of hate the flag represents has no place in modern America.Well, now Walmart is taking action too. According to CNN, the retail giant will no longer sell any merchandise with Confederate flags on them.A spokesperson explained, We never want to...
  • American retail as we know it is dying and now these industries are taking over

    06/21/2015 2:28:26 PM PDT · by SeekAndFind · 34 replies
    Business Insider ^ | 06/21/2015 | AShley Lutz
    Big apparel brands are grappling with shoppers who increasingly want deeply discounted clothes over classic logos and status. Gap is closing one-quarter of its stores and laying off hundreds of workers after disappointing sales. J. Crew just fired 10% of the workers at its corporate headquarters as sales and profits continue to plunge. The teen-apparel market is also struggling as a whole, with big-name players like Abercrombie & Fitch and Aeropostale closing stores. Sears, Macy's, and JCPenney have also shuttered hundreds of store locations in recent years. More than two dozen malls have shut down in the last four years...
  • CVS, Target score $1.9B deal

    06/15/2015 7:28:34 AM PDT · by markomalley · 16 replies
    Washington Business Journal ^ | 6-15-15 | Bob Niedt
    CVS Health Corp. will acquire, rebrand and operate the pharmacies and clinics inside all of the nation's Target stores in a landmark deal worth $1.9 billion, the two retailers announced in a news release Monday morning. That will give CVS (NYSE: CVS) 1,660 new locations in 47 states, operating a store-within-a-store inside Target's upscale discount stores. Those stores will be rebranded CVS/pharmacy. Target's 80 in-store clinics will be rebranded MinuteClinic, and CVS reports it will add 20 more of those in other Target (NYSE: TGT) stores in three years or so. This strategic relationship with Target supports the highly complementary...
  • Aldi details plan to expand in the U.S.

    06/11/2015 2:14:30 PM PDT · by 2ndDivisionVet · 97 replies
    The Wall Street Journal's MarketWatch ^ | June 11, 2015 | Saabira Chaudhuri
    German discounter Aldi on Thursday detailed a plan to grow in the U.S., saying it would invest billions of dollars and create thousands of jobs as it works to ramp up its footprint. Aldi is opening its first stores in Southern California in March of next year, and will open about 25 stores by July. The company plans to employ 1,100 people across its stores and at its regional headquarters and warehouse in Moreno Valley, CA. The retailer, which described its U.S. expansion plans as aggressive, said it would put more than $3 billion behind a five-year plan to open...
  • Dollar Tree will sell 330 stores to private equity firm (To facilitate buying Family Dollar)

    05/31/2015 3:32:14 PM PDT · by 2ndDivisionVet · 22 replies
    NEW YORK Dollar Tree said Friday that it has agreed to sell 330 of its stores to the private equity firm Sycamore Partners in order to get regulatory approval for its $8.5 billion purchase of Family Dollar. The Chesapeake, Virginia-based company said earlier this month that it would sell the stores, but it had not disclosed the buyer. It didnt say how much Sycamore Partners will pay for the stores, which bring in about $500 million in annual revenue. It also didnt disclose which stores are being sold....
  • The Burgeoning Economy of the Plain-Sight Pirate Bazaars

    05/31/2015 12:19:08 PM PDT · by 2ndDivisionVet · 4 replies
    Newsweek ^ | May 31, 2015 | Warren C. Gibson
    In French, a man (or woman) who is particularly resourceful is called a dbrouillard (dbrouillarde). In the former French colonies of West Africa, people have used this word to form a phrase, leconomie de la dbrouillardise, which refers to the vast network of inventive, self-starting, entrepreneurial merchants who are doing business on their own, without registering or being regulated by the bureaucracy and, for the most part, without paying taxes. Systeme D for short. The concept and the quote are from a nifty and fairly new book Im reading just now, Stealth of Nations by Robert Neuwirth. He claims that...
  • Walmart Targets Amazon in Potentially Costly Distribution E-Commerce Battle

    05/20/2015 9:20:46 AM PDT · by Vigilanteman · 26 replies
    Supply Chain 24/7 ^ | 20 May 2015 | Nathan Layne
    If Wal-Mart, the worlds largest bricks-and-mortar retailer, is serious about competing more directly with Amazon - as it has suggested by testing a free shipping club - then it may have to spend well beyond a previously announced investment target on big distribution centers and other costs for its plan. Wal-Marts sluggish quarterly results that were released on Tuesday highlighted the importance of growing its online business. Online revenues grew 17 percent globally in the first quarter ended April 30, against a slight drop in overall sales. However, investments in e-commerce shaved 2 cents off the retailers earnings per share,...
  • Whole Foods Shocked: Millennials Are Broke, Don't Want to Pay for Anything

    05/08/2015 9:46:56 PM PDT · by 2ndDivisionVet · 91 replies
    The Excellence In Broadcasting Network ^ | May 8, 2015 | Rush Limbaugh
    BEGIN TRANSCRIPT RUSH: The Washington Post, however, has a story with the headline: "Whole Foods is Learning that Millennials Aren't Who it Thought They Are." I think a lot of people are starting to figure this out. "For years, Whole Foods has thrived by selling pricey food with a promise that it is better for you, better for the planet, and better overall. The mantra has proved so successful that it has helped the high-end supermarket chain to expand from its flagship store in Austin, Texas, to more than 400 locations. But lately, Whole Foods' model hasn't looked quite as...
  • Wow. 47 Major Retailers Announce Closing of 6,000 Stores Across the Country

    05/07/2015 6:16:59 PM PDT · by Beave Meister · 39 replies
    Youll never hear the Obama administration pass on an opportunity to gloat about the miracles they think theyve managed to pull off over the past seven years to get Americas economy back on track. The only problem with that is, its not remotely true. Somehow, the spin doctors at the White House always manage to cherry pick rare instances of economic improvement and turn them into something much bigger. If you want a real indication of how President Barack Obamas economy is fairing, just look to a recent report that shows a coming retail apocalypse, with major retailers across the...
  • Hudson's Department Store (fascinating)

    05/04/2015 7:35:35 PM PDT · by ChildOfThe60s · 42 replies
    HistoricDetroit.org ^ | 2015 | By DAN AUSTIN
    The Big Store. For generations, it was as synonymous with Christmas and fashion as it was Detroit. The store at Woodward and Gratiot avenues was absolutely massive, evolving with the Motor City until it became the tallest department store in the world. By the time it finished growing, the stores size almost defied belief. A quick list of facts, many courtesy of the Detroit Historical Museum: The store was 2,124,316 square feet, making it second in size among department stores to only Macys in New York. Even then, Macys is only 26,000 square feet bigger. The store was spread out...
  • Major U.S. Retailers Are Closing More Than 6,000 Stores

    05/03/2015 4:02:11 PM PDT · by dennisw · 144 replies
    zerohedge ^ | 05/02/2015 | Michael Snyder
    Submitted by Michael Snyder via The Economic Collapse blog, If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores? The retail apocalypse that I have written about so frequently appears to be accelerating. As you will see below, major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable. So if this is happening already, what are things going to look like once the next recession strikes? For a long time, I have been pointing to 2015 as a...