marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
closures
04/07/2023
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By Ethan Huff
Walmart cuts another 2,000 warehouse jobs following retail store closure announcement
Five of Walmart’s e-commerce warehouses are slated to lose another 2,000 jobs, the company announced this week. More than 1,000 people will be let go from a warehouse in Fort Worth, Tex., as will 600 people at a Pennsylvania fulfillment center; 40 people at a Florida warehouse; and 200 people in New Jersey, regulatory filings […]
03/27/2020
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By JD Heyes
Massive wave of business defaults coming as some 47,000 retailers across country close and stop paying rent
A tsunami of business defaults is already on the way thanks to mass closures of retailers around the country due to the Wuhan coronavirus outbreak. And what’s bad is that the virus is only going to rapidly accelerate what was already occurring: The demise of the brick-and-mortar businesses that saw their market share collapse thanks […]
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