Tag Archives: retail

Toys R Us Files For Chapter 11 Bankruptcy

The Washington Post reports: Toys “R” Us announced late Monday night that it filed for Chapter 11 bankruptcy, though the company’s leadership assured customers its 1,600 stores around the world would continue to operate normally. The company, once America’s powerhouse of toys, has been struggling for years even as the toy industry grew. Instead, it plans to restructure the $5 …

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Amazon To Purchase Whole Foods In $13.7B Deal

CNBC reports: Amazon said Friday it plans to acquire Whole Foods Market for $42 a share, in a deal valued at $13.7 billion. Whole Foods’ John Mackey will remain CEO of the grocery store chain after the deal closes, and the store will continue to operate under the Whole Foods brand. Amazon’s offer represents a 27 percent premium to Whole …

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#TakePride: Target Thumbs Its Nose At The Haters

World Net Daily is ever so pissed: Despite the drastic financial blowback Target Corporation has been weathering since announcing its plan last year to allow men to enter women’s bathroom facilities, the retail giant is continuing full-speed ahead in its pursuit of LGBT social activism, all in the name of “inclusivity.” For the second year, Target is using a #TakePride …

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Major Retail Group To Air Brutal Faux Infomercial During SNL In Attack On Republican Border Tax Plan [VIDEO]

The Hill reports: A top retail group is launching a TV ad campaign slamming House Republicans’ proposed border-adjustment tax (BAT) with a parody of classic informercials. The National Retail Federation (NRF) on Tuesday debuted the ad on “Fox and Friends,” and it will air during this week’s “Saturday Night Live.” Both are shows President Trump is known to watch, and …

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World Net Daily: The Family Christian Chain Went Bankrupt Because They Didn’t Love Jesus Properly

Via World Net Daily: News came this week that Family Christian Stores is finally shuttering all 240 locations. The 85-year-old chain filed for bankruptcy protection in 2015, and now the end has come for the Christian retail giant that employed 3,000 and stretched across 36 states. They did it to themselves. The explosion came from within, as decades of pandering …

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Family Christian Chain To Close All 240 Stores After “Prayerfully Trusting God’s Plan For Our Organization”

Every time Macy’s closes a few stores or Target has a bad quarter, the right wing celebrates their “victory.” So today we get this: Family Christian, the “World’s largest retailer of Christian-themed merchandise” is set to close at 240 stores in 36 states after 85 years. The non-profit store, which employs 3,000 people, said that the store had been seeing …

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Burlington Boots Ivanka’s Product Lines

Metro reports: Joining a lineup of stores yanking the first daughter’s namesake clothing and shoe line for women, Burlington Coat Factory is no longer selling Ivanka Trump’s brand. On Friday, the discount retailer’s website did not display any stock of her clothing or accessories, Business Insider reported. Last Tuesday, Burlington had 13 Trump items for sale, according to Shannon Coulter, …

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Marshalls And TJ Maxx Literally Dump Ivanka’s Line

The New York Times reports: Last week, employees at T.J. Maxx and Marshalls got very clear instructions about where to put signs for Ivanka Trump products: in the garbage. The TJX Companies, the retailers’ parent company, told employees not to display Ivanka Trump merchandise separately and to throw away Ivanka Trump signs, according to a note to employees on Wednesday, …

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Nordstrom Dumps Ivanka Trump’s Line

The New York Times reports: Ivanka Trump stilettos will soon be harder to find at Nordstrom. The department store chain said on Thursday that it had decided to put the brakes on its relationship with Ms. Trump and removed her brand from a list on its site. “We’ve said all along we make buying decisions based on performance,” Nordstrom said …

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WND: Trump Got The Last Laugh Against Macy’s

You knew this was coming. Via World Net Daily: In the battle of Macy’s vs. Donald Trump, it appears the clear loser continues to be Macy’s. On Wednesday, the retailer announced disappointing holiday sales, prompting its stock to drop more than 9 percent. The company also released the locations of 68 of the 100 stores it plans to close, with …

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Macy’s To Close 68 Stores, Cut 6200 Jobs

USA Today reports: After seeing sales drop during the holidays, Macy’s said Wednesday it has either closed or will shutter 68 stores and cut an additional 6,200 positions at a time when shoppers are going online to buy everything from scarves to lipstick. Of the 68 stores out of 730 in total, nine closings had been previously announced and three …

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VIRAL VIDEO: Amazon Debuts Grocery Store Concept

Five million views since yesterday. US Weekly reports: Taking grab-and-go to the next level. Amazon just opened a state-of-the art grocery store called Amazon Go in downtown Seattle that lets customers shop without ever waiting in line or going through a checkout process. In a video introducing the concept Monday, December 5, the e-commerce company refers to it as “just-walk-out …

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Breitbart Wails After Levi Strauss Bans Guns

Ho hum, yet another boycott. Yesterday Levi Strauss CEO Chip Bergh posted this message on LinkedIn: The debate in the U.S. over gun safety and gun rights is as complex as it is divisive. As a former army officer, a father and business leader, I’ve heard the arguments from all sides. And, as CEO of a 163-year-old company whose products …

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Liberty Counsel Issues Annual Xmas Retail Boycott List: Gap, Old Navy, Radio Shack, TJ Maxx, J. Crew, Others

The Liberty Counsel has issued its annual list of national retailers that don’t deserve the business of Christians because they fail to mention White Jesus in their advertising. Via press release: Liberty Counsel has launched its fourteenth annual Friend or Foe Christmas Campaign, pledging to be a “Friend” to those who recognize Christmas and a “Foe” to those who censor …

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Target Stock Soars On Latest Earnings Report

Remember loony Janet Porter’s plot to disrupt Target’s back-to-school sales? Oops. Via Fortune: The discount retailer’s shares rose 9% in pre-market trading on Wednesday after it reported a much smaller than expected decline in comparable sales and posted strong e-commerce growth. As a result, Target has raised its full year profit and sales forecast. The retailer’s strong third-quarter performance is …

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GDP Hits 2.9% In Biggest Gain Since 2014

Good news for Hillary in the final days of the campaign. MarketWatch reports: The U.S. economy grew in the third quarter at the fastest pace in two years, aided by a surge in exports and a rebound in the size of inventories companies keep on hand for sale. The government said gross domestic product, the official scorecard for the economy, …

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Walmart Stands Firm After Haters Ambush Shareholders Meeting Over Opposition To “Religious Freedom” Laws

Just as they did at PepsiCo’s shareholders meeting in North Carolina last month, anti-LGBT activists from the National Center for Public Policy Research ambushed Walmart executives at yesterday’s annual shareholders meeting in Fayetteville, Arkansas, where the Duggar clan infamously launched its attacks on a local pro-LGBT civil rights ordinance. The group demanded that Walmart issued a report explaining its “hypocrisy” …

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Target CEO Brian Cornell: The Boycott Isn’t Hurting Us

Fortune reports: Target reported a disappointing set of first-quarter results on Wednesday and warned investors to expect a slight drop in business in the current quarter. The discount retailer pointed to many factors pinching sales, damp and cool weather in parts of the company and skittish consumers, among them. But one thing not hitting sales is the purported boycott of …

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MISSISSIPPI: Hospitality Group To Offer “Everyone’s Welcome Here” Signs To Eateries, Hotels, And Shops

A Mississippi hospitality group with 1400 hotels, restaurants, and shops among its members has a plan to mitigate damage to the state’s reputation. From Jackson’s ABC affiliate: Mike Cashion, executive director of the MHRA, said “when HB 1523 was signed, Mississippi was thrust into the national spotlight. Regardless of its intent, this legislation has created a level of controversy and …

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FRANCE: New Law Forbids Food Waste, Supermarkets Must Donate Unsold Items To Charities & Food Banks

The Guardian reports: France has become the first country in the world to ban supermarkets from throwing away or destroying unsold food, forcing them instead to donate it to charities and food banks. Under a law passed unanimously by the French senate, as of Wednesday large shops will no longer bin good quality food approaching its best-before date. Charities will …

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