Independent thinking for complex markets and current events
It’s amazing that you can have businesses that have been around for a well over 130 years and even survived the great depression but the economy today is so bad that, only now today they are going out of business. In many ways, this is the worst economy that we have ever experienced considering on …
In recent years, the restaurant industry has faced challenges that have caused significant turmoil. 2020 hit the restaurant industry like a wrecking ball, closing doors and dimming neon signs worldwide. However, amidst this upheaval, the industry has shown remarkable resilience. When the world came to a halt, so did the heartbeat of countless eateries, leaving …
Discount stores like target are engaged in a race to the bottom, lowering prices to convince customers to stop shopping on amazon. But while their new plans might work in some parts of america, in NYC there are reason they wont work at all, leading to more store closures…
Alabama now sells ammunition in vending machines at grocery stores The European mind cannot comprehend pic.twitter.com/4m6K2JaTFP — DC_Draino (@DC_Draino) July 5, 2024
Walgreens Boots Alliance will close a significant portion of its roughly 8,600 U.S. stores as the pharmacy chain seeks to turn around its struggling business, which has been hit by inflation-weary customers paring their spending. https://www.cbsnews.com/news/walgreens-stores-closing-locations/ “The current pharmacy model is not sustainable,” CEO Tim Wentworth told investors on a Thursday earnings call. With 75% …
Wentworth also said in an interview with the Wall Street Journal that the company has not settled on a final number of locations to close. Walgreens operates roughly 8,700 stores in 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, according to its website. Wentworth also told the Wall Street Journal …
Still not shopping at Target. How many years has it been now, since the bathroom policy? It’s never even a consideration since then. AC
Clothing retailer Rue21 has filed for Chapter 11 bankruptcy, leading to the closure of all 543 of its U.S. stores within the next two months. The company plans to conduct large “going out of business” sales and sell its intellectual property. Sam Ash, a music store chain, is also closing all its remaining stores, resulting …
Complete RIPOFF! How the hell do people afford this shit!? Food prices are almost TRIPLED! How the hell can people afford to buy food these days! The entire economic system will collapse soon at these prices, no one can afford that crap! I also heard many people are turning to food banks to get food …
NYC’s shoplifting epidemic now has grocery stores in its sights, and thats a bad thing not just for the store owners, but also for the new yorker’s who will no longer have a place to buy food after it closes.
Over the past four years, many of us have had the unpleasant surprise of learning that our go-to restaurant, coffee shop, or fast food joint was closing doors for good. Thousands of well-established companies have gone out of business since the pandemic accelerated the descent of the U.S. economy, and conditions have been particularly tough …
Every Store is CLOSED in San Francisco’s Downtown Union Square. Leftists Liberal policies have destroyed San Francisco and is now destroying LA. You Get What You Vote For … This Will Happen In Every Democratic City. Every Store is CLOSED in San Francisco's Downtown Union Square. Leftists Liberal policies have destroyed San Francisco and is …
New York City just cleaned up one of the largest markets of shoplifted goods in a long time, but as youll soon see the market is already rebuilding itself, leaving many residents and businesses wondering if it’s permanent…
People from all over the U.S. are getting outraged by the price increases they’re seeing at grocery store chains operated by Amazon. The behemoth retailer is also raising service fees, and shutting down more unprofitable locations this month, even after laying off almost 30,000 employees over the last year, and reporting record profits for the …
Unpunished crime is so out of control in San Francisco that the city now wants to punish grocery stores who want to leave. Under the ‘Grocery Protection Act’ introduced by city Board of Supervisors member Dean Preston (Democratic Socialist), stores that want to flee all the crime and other increased liabilities will have to provide the city …
NYC Now has a $4.4 billion shoplifting economy. Theft is so rampant, retailers are forced to make tough choices…
EL CAJON, California — Customers packed Cory Gautereaux’s small gun store northeast of San Diego on a recent Friday afternoon. Many of the people buying pistols at Firearms Unlimited California said they were concerned about the massive number of migrants being released onto the local streets after the area became a hub for the crisis …
Bidenomics! Dollar stores are shutting down across America In the past month, Family Dollar said it will close nearly 1,000 stores and 99 Cents Only said it will go completely out of business.https://t.co/01dUlANEgs pic.twitter.com/vRP7ENulzM — Tony Seruga (@TonySeruga) April 13, 2024 Family Dollar announced the closure of nearly 1,000 stores, while 99 Cents Only declared bankruptcy and plans to …
A San Francisco lawmaker introduced a proposal that would require grocery stores in the city to provide six months of notice before closing a store and to explore a replacement supermarket at the vacated location. Dean Preston, a member of the San Francisco Board of Supervisors, introduced what he calls the Grocery Protection Act – …
Dollar tree will now close 1000 stores nationwide, but nobody’s talking about how even if Dollar Tree’s stores remain open, they’ll be unrecognizable to their customers because dollar stores / discount stores are fighting a losing battle in the war against shoplifting.
Sign of things to come. watch for more ‘hollowing’ out of the real economy before the other shoe drops. Not looking good at our local Dollar General either. If your target customer is the poor & spendthrift….things sort of have to be affordable right? h/t DarkLegion
Amazon is removing its cashierless checkout systems at Fresh supermarkets in the U.S., the company confirmed, marking the latest recalibration of its grocery strategy. The company won’t include the system, called Just Walk Out, in existing Fresh stores or in new locations slated to open later this year. It will instead rely more heavily on …
A dollar won’t go quite as far at Dollar Tree these days. The maximum price of items in its stores will increase to $7 this year. The retailer’s CEO, Rick Dreiling, announced the change during an earnings call earlier this month. He said the increase is due to a wealthier customer base. https://abc7.com/dollar-tree-will-increase-maximum-price-of-items-in-stores-to-7/14574177/
McDonald’s finds itself grappling with a significant crisis as a widespread IT outage disrupts operations across multiple countries, leaving customers stranded and frustrated. Since approximately 3:10 PM, internal systems have remained offline, plunging stores into uncertainty about when service will resume or the root cause of the blackout. The severity of the situation has forced …
The so-called TikTok ban is a trojan horse. The President will be given the power to ban WEB SITES, not just Apps. The person breaking the new law is deemed to be the U.S. (or offshore) INTERNET HOSTING SERVICE or App Store, not the “foreign adversary.”https://t.co/iKtAQFGeQH pic.twitter.com/P26hEbzQrf — Thomas Massie (@RepThomasMassie) March 12, 2024 The …
Shoplifting is up 64% in NYC over the last 4 years. Stores are closing and nobody seems to have any answers… but the governor has plans to throw $45 million at this tragic problem. Will it work?
https://twitter.com/amwogakhalwale/status/1764929242679152712
The iconic but struggling US department store Macy’s announced plans on Tuesday to close almost a third of its eponymous locations by 2026 while building up its upscale Bloomingdale’s and Bluemercury brands. In a new strategy aimed at breathing life into the 166-year-old retailer, the company said it would shut 150 “underproductive” Macy’s locations. The …
It’s nice being a Leftist because the buck never stops with you. President Joe Biden took aim at grocery stores, blaming them for “ripping people off” with high pricing amid the continued inflation blame game. President Biden’s remarks came during a speech at the South Carolina’s First in the Nation Dinner in Columbia, South Carolina. …
Will government compensate the losses if Walgreens stays? No. CYA! She’s the one being racist by equating their closing of stores due to theft with race. Rep. Ayanna Pressley accuses Walgreens of racial discrimination for closing stores in neighborhoods overrun by theft pic.twitter.com/GClRbuY4nI — End Wokeness (@EndWokeness) January 31, 2024 AC