[Fill in Blank] Retail Closings
With the current state of retail contraction, Kohl’s has announced store closings. Kohl’s follows other retailers hunkering down and shedding costs, including Walmart, Macy’s, J.C. Penny, Barnes & Noble, Office Depot, Gap, American Eagle, Aeropostale, Abercrombie & Fitch, Wet Seal, and Kmart/Sears. That’s quite a list of recent closure announcements.
These retailers have all been growing their immense brick-and-mortar malinvestment footprints while the Federal Reserve was injecting multiple interventions into the economy post-2008 to avert the necessary cleansing of Wall Street fraud and Main Street recklessness.
Stores like Aeropostale and Abercrombie & Fitch (which is said to “embody the essence of privilege and casual luxury”) have been predictably unsustainable because their business models rely on spoiled children who submit to peer pressure for high clothing standards while they have a free reign with Mommy & Daddy’s credit cards. That is, if you can call a paper-thin, $2 t-shirt with a ratty logo on it that sells for $23 a “high standard” for clothing.
Meanwhile, Best Buy executives are expecting revenue declines throughout 2016, after disappointing results in 2015. The company had already announced a $1B stock buyback so the company can jack up its stock price and pay huge dividends.
Source: http://karendecoster.com/fill-in-blank-retail-closings.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).