Just what America needs… more lost jobs… more businesses closing… and it is all thanks to Obama. He’ll keep on crowing that we are doing better when everyone can see we are doing worse. We have been in a soft depression ever since he came into office and it has been steadily worsening with each passing day. It doesn’t matter how they manipulate job numbers or the stock market; when you have 1 in 5 families where no one works, that is called a depression. That means at least 20% are out of work and in reality it is closer to 30%. Sears just announced they will close 10 more Sears stores and 68 more Kmarts across the country. This is on top of hundreds of stores they have closed already. Sears hasn’t turned a profit since 2012.
From the Conservative Tribune:
It was the latest sign of America’s economic decline under President Barack Obama: Retail giant Sears announced that it was shuttering 78 stores across the country.
According to CNN, that number includes 10 Sears stores and 68 Kmart stores, which are owned by the Sears brand. Hundreds of stores have been closed in the past few years, but that still wasn’t enough to stop Sears from incurring a $580 million loss last quarter.
The retail giant has not turned a profit since 2012.
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Sears is going under because it is outdated and people shop online more everyday. Nothing political going here.
ReplyDeleteMy thoughts exactly. People are always trying to blame Obama for everything. If the sky was falling he would be blamed for that. Companies are downsizibg; a lot more stores are going to close.
DeleteThe Kmart in Salisbury should be shut down! I will drive completely out of my way before going in that store. The cashiers are ridiculously slow. They can't even bother to say thank you or anything to the customer because they are too busy yelling to other employees about how much they hate their job. The manager literally refused to assist my husband and I get a bike from the top rack because "he had a situation in the bathroom" so we would have to wait. The prices are too high on most items...especially for the quality of the item. The store is in need of major repairs. There is no way that dump is making a profit
ReplyDeleteYou are upset because you had to wait for him to take care of a "situation in the bathroom"?
DeleteIt could have been his own impending Code Brown, or //shudder\\ a transgendered person attempting to drop kanye's kids off at the pool.
Just in the paper today, 33 Bob Evan's restaurants across the US being closed.
ReplyDeleteI was in Sears last week looking at Appliances, and was told by the salesman, they electronics department will be leaving soon. So if you want to by a TV, Stereo, or electronics items, you will have to go to the Dover store or order online. I was told they outsold the Dover store in TV'S. I guess it won't be long before the Sears store in Salisbury will be closing.
ReplyDeletedan said it would be like this
ReplyDeleteWhen Trump taxes the American Companies 35% to import their products into the US from Mexico, jobs will be back. Unfortunately we have to suffer for now.
ReplyDelete