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Bubbabeefcake
2014 Jan 8, 8:50am
Interesting. They're the strongest retail within any mall. So they are leaning out now before major structural problems like what JC Penny has. See this is how a smarter retailer deals with this. Cuts what they know they can't sell and focus on what they can. They have a good grasp what they can sell....They can see they won't win in this ECONOMY and they need adjusting NOW....While JC Penny didn't really know what it could sell and hence why it didn't know what stores to close.
Strategist
2014 Jan 8, 9:57am
No one shops at Macy's or Sears or the mall anymore.
Costco, Walmart, Amazon are the way to go.
After bleeding subscribers for six years, Comcast announced a slight net increase in users.
Bubbabeefcake
2014 Jan 8, 12:23pm
RECOVERY FORWARD!!!!
RECOVERY!!!
FORWARD!!!
There, fixed it for ya...
LOL! Didn't mean to steal your thunder...
Bubbabeefcake
2014 Jan 8, 4:04pm
No one shops at Macy's or Sears or the mall anymore.
Costco, Walmart, Amazon are the way to go.
Bed Bath And Beyond Is Tanking
--------------------------
Recession coming....
Macy is at the heart of US consumers. Macy is not doing well....?
Well, that means Us consumers are not doing well.
Read more: http://www.businessinsider.com/bed-bath-and-beyond-is-tanking-2014-1#ixzz2pt19dmCJ
No jobs,no consumers/ No consumers,no businesses/ No businesses,no jobs.(REPEAT)
Going in circles makes one dizzy.
Shaman
2014 Jan 8, 11:24pm
I know! Let's downsize workforce to steam line industry costs, outsource everything possible, and maximize profits for wealthy shareholders.
That will absolutely ensure a recovery!
RentingForHalfTheCost
2014 Jan 8, 11:40pm
They just created 2500 new house hunters. They will all go out and buy the most expensive house they can afford before getting laid off. Then they can squat for years. It will be recorded by NAR as further evidence of the housing RECOVERY!
These poor schmucks can just join the growing horde of the No Longer Needed.
The diminishing labor force participation rate has been driving down the unemployment rate for the first time ever.
If they could just "disappear" these excess workers their "recovery" would look a little tidier
Bubbabeefcake
2014 Jan 9, 3:41am
JPMorgan To Exit Foodstamp, Other Prepaid Cards Business
http://www.zerohedge.com/news/2014-01-09/jpmorgan-exit-foodstamp-other-prepaid-cards-business
"These poor schmucks can just join the growing horde of the No Longer Needed."
I pity these nobodies.
As for me I'm indispensable to the economy. I'm absolutely irreplaceable. I'll never lose my job therefore I can go into debt & overpay for everything.
Keep thinking this BS, Dumass!
Bubbabeefcake
2014 Jan 9, 6:26am
These poor schmucks can just join the growing horde of the No Longer Needed.
The diminishing labor force participation rate has been driving down the unemployment rate for the first time ever.
If they could just "disappear" these excess workers their "recovery" would look a little tidier
SHOCKER~IMF Ssys Collapes Most Likely
http://investmentwatchblog.com/shocker-imf-says-collapse-likely/
Strategist
2014 Jan 9, 7:00am
What can you do about student loans? Getting a loan to get an education so you can make more money down the road is the best investment a person can make. A completely free education would be better.
Strategist
2014 Jan 9, 9:44am
What can you do about student loans? Getting a loan to get an education so you can make more money down the road is the best investment a person can make.
Yeah, I hear those graduates with the underwater basketweaving degrees are in high demand these days...
So you don't believe in education too.
Do you realize if it wasn't for education you would not be looking at your computer screen right now?
You would be using pigeons to send messages.
Rin
2014 Jan 9, 10:00am
those graduates with the underwater basketweaving degrees are in high demand these days
Believe it or not, but nowadays, a person needs some BA, even if it's in underwater basketweaving and/or medieval bong making, to be a paralegal whereas before, many paralegals only had associates degrees. This is the result of the HR spin where white collar offices need degree-ed ppl or else they're seen as too blue collar.
JodyChunder
2014 Jan 9, 10:05am
We need more young people toiling at poetry and art. We've de-emphasized our single greatest export, and that is the American identity/culture.
Strategist
2014 Jan 9, 10:06am
CallCrazy......
Go ask those 56% if that $50K of college debt is really helping them!!
Strategist....
Go ask 100% of school drop outs if ignorance is helping them?
Shaman
2014 Jan 9, 11:30am
Is it education the colleges are peddling or is it a writ of patronage?
CallCrazy......
Go ask those 56% if that $50K of college debt is really helping them!!Strategist....
Go ask 100% of school drop outs if ignorance is helping them?
Let's see, Bill Gates, Steve Jobs, Sergey Brin . . .
It's silly to claim that formal schooling is the sole form of learning.
Macy's said Wednesday it plans to lay off about 2,500 employees and close some stores as part of a cost reduction plan.
http://my.chicagotribune.com/#section/-1/article/p2p-78821731/