I think the booze industry is thriving though not from me. On Wed, Dec 28, 2011 at 12:02 PM, plainolamerican <[email protected] > wrote:
> How can any business be thriving under this administration's > policies? > ---- > ask the jews at BrightSource Energy > > On Dec 28, 11:00 am, Travis <[email protected]> wrote: > > Since this is not a muzzie company think President Bendover Assinair will > > bail them out? > > > > ** > > New post on *Fellowship of the Minds* > > <http://fellowshipofminds.wordpress.com/author/dcgere/> Hope and > > change…< > http://fellowshipofminds.wordpress.com/2011/12/28/hope-and-change/>by > > DCG <http://fellowshipofminds.wordpress.com/author/dcgere/> > > > > <http://fellowshipofminds.files.wordpress.com/2011/12/hopeandchange2.jpg > > > > Sears to close 100 to 120 Kmart, Sears stores > > > > Mail.com< > http://www.mail.com/business/economy/934628-sears-to-close-100-to-120...>: > > Sears Holdings Corp. *plans to close between 100 and 120 Sears and Kmart > > stores to raise cash after a weak holiday shopping season for the > retailer*. > > > > The closings fueled speculation about whether the 125-year-old retailer > can > > turn itself around. The closings are the latest and most visible in a > long > > series of moves to try to fix a company that has struggled with falling > > sales and shabby stores as rivals like Wal-Mart Stores Inc. and Target > > Corp. spruced up their looks and turned into one-stop shopping sources. > > > > Absolutely Pathetic (AP) goes into spin mode: "There's no reason to go > to > > Sears," said New York-based independent retail analyst Brian Sozzi, "It > > offers a depressing shopping experience and uncompetitive prices." > > Billionaire investor Edward Lampert purchased Kmart out of bankruptcy in > > 2003 and bought Sears, Roebuck & Co. a year later. Since 2004 Sears > > Holdings — which operates both Kmart and Sears stores — has watched its > > cash and short-term investments go from about $2.09 billion for the year > > ended Jan. 31, 2004 to $1.34 billion for the year ended Jan. 31, 2011, > > according to FactSet. The figure now stands at about $700 million. > > > > That company disputes talk that it is in trouble financially or will have > > problems surviving. Spokesman Chris Brathwaite says Sears Holdings has > more > > than $3.5 billion of liquidity, consisting of $700 million in cash and > $2.9 > > billion available under its credit lines. > > > > Still, Sears Holdings said its declining sales, ongoing pressure on > profit > > margins and rising expenses pulled its adjusted earnings lower. The > company > > predicts fourth-quarter adjusted earnings will be less than half the $933 > > million it reported for the same quarter last year. > > > > At least some experts recognize the true problem: *Some industry experts > > say part of the problem Sears is facing is that economic difficulties > > continue to grip its core customers.* These middle-income shoppers have > > seen their wages fail to keep up with higher costs for household basics > > like food. > > > > AP spins again: But the bigger issue, analysts say, is that *Sears > hasn't > > invested in remodeling, leaving its stores uninviting*. Preschool teacher > > Sara Kriz concurred. Picking up conditioner at a Kmart in Manhattan on > > Tuesday, Kriz said she shops at Kmart "only when I have to," which > amounts > > to once every few months. Yet she goes to Wal-Mart or Target nearly every > > week because, she said, *they are cleaner and better stocked*. > > > > I've been to all the stores mentioned in this article. Walmart and > Target > > are cleaner stores? Please, they all have their issues. I've never been > in > > a Sears and thought, wow, this store isn't clean. > > > > Can anyone blame the lackluster sales on the stores' appearances? Sure. > > But let's talk about the economy. This Christmas, my friends and family, > > we chose not to exchange gifts (kids excluded). We all are feeling the > > pinch. Yet Americans shopped > > <http://fellowshipofminds.wordpress.com/2011/12/01/americans-shopped-o.. > .>like > > there's no tomorrow on Black Friday. Though they probably charged the > > majority to credit cards. > > > > Real unemployment is > > <http://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-the-real.. > .>at > > 11%, and existing home sales climbed > > <http://www.realtor.org/press_room/news_releases/2011/12/ehs_nov > >recently > > yet although rebenchmarking resulted in lower adjustments to several > years > > of home sales data, the month-to-month characterization of market > > conditions did not change. > > > > And Obamacare will impose > > <http://www.heritage.org/research/reports/2010/04/obamacare-impact-on-.. > .>new > > compliance regulations, employer mandate taxes, taxes on business > > “flow-through” and investment income, and numerous indirect costs on > small- > > and medium-size companies. > > > > We have over <http://www.usdebtclock.org/>$15 trillion in debt and > Skippy > > wants to ask > > <http://hotair.com/archives/2011/12/27/treasury-official-obama-to-ask-.. > .>for > > a debt limit hike. > > > > How can any business be thriving under this administration's policies? > > Until this administration is done, I'm going to bet you'll see more > stores > > and businesses closing. > > > > DCG > > *DCG <http://fellowshipofminds.wordpress.com/author/dcgere/>* | > December > > 28, 2011 at 5:57 am | Tags: > > Kmart<http://fellowshipofminds.wordpress.com/?tag=kmart>, > > Sears <http://fellowshipofminds.wordpress.com/?tag=sears> | Categories: > > Economy <http://fellowshipofminds.wordpress.com/?cat=17656840> | URL: > http://wp.me/pKuKY-bt2 > > > > Comment< > http://fellowshipofminds.wordpress.com/2011/12/28/hope-and-change/#re...> > > See all comments< > http://fellowshipofminds.wordpress.com/2011/12/28/hope-and-change/#co...> > > > > Unsubscribe or change your email settings at Manage > > Subscriptions< > http://subscribe.wordpress.com/?key=49883164090367a8ae3126d288a16eee&;...>. > > > > *Trouble clicking?* Copy and paste this URL into your browser: > http://fellowshipofminds.wordpress.com/2011/12/28/hope-and-change/ > > Thanks for flying with WordPress.com <http://wordpress.com/> > > -- > Thanks for being part of "PoliticalForum" at Google Groups. > For options & help see http://groups.google.com/group/PoliticalForum > > * Visit our other community at > http://www.PoliticalForum.com/<http://www.politicalforum.com/> > * It's active and moderated. Register and vote in our polls. > * Read the latest breaking news, and more. > -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
