15 Big Box Retailers at Risk of Bankruptcy in 2023 | |
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BrainGuy: MAGADONIAN
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rainstormy
I watch the weather. User ID: 76678865 United States 06/09/2023 08:11 AM Report Abusive Post Report Copyright Violation | The list of endangered retailers continues to grow this year. Many companies that actually exited bankruptcy in the past are now being threatened by it again, while others that proved resiliency and stability for decades are struggling with debt, weak revenue, and higher competition and may have to shut doors for good in the next few months. Forbes analysts say that a bankruptcy wave was already expected. The only surprising thing about it is that it didn’t happen sooner. For many iconic companies, this will be the end of an era. And for many Americans, this crisis will result in some lamentable losses of favorite stores, brands, and products. For example, after witnessing the bankruptcy and outright collapse of rival Cineworld, shares of AMC dropped by 38% in a single day. During the pandemic, the world’s largest movie theater chain became a meme stock and retail investors pushed its stock up more than 1,000%. Unfortunately, from that point on, things have only gone downhill for the entertainment retailer. A series of controversies have emerged, including allegations that Sam Bankman-Fried’s FTX may have manipulated AMC stock. More recently, Robinhood warned investors that the company was about to file for bankruptcy – which AMC later said wasn’t true. Well, at least for the time being because conditions continue to deteriorate from the chain. In February, its quarterly loss shot up to $287 million, and overall revenues fell again. The retailer is still in a very vulnerable position, and the current economic challenges may push it over the edge. Here’s the list: Abercrombie & Fitch Barnes & Noble AMC Macy’s American Eagle Outfitters JCPenney Forever 21 Kmart Foot Locker J. Jill Casper Sleep Alex and Ani Brooks Brothers Tailored Brands Wayfair [link to americafirstreport.com (secure)] JC Penney is a decent family clothing store with good sales. I hate shopping for clothes online and appreciate their presence in my town. That's the only one I'd miss from this list. The rest could disappear forever and I wouldn't even notice. rainstormy |
FHL(C)
User ID: 85941779 China 06/09/2023 08:16 AM Report Abusive Post Report Copyright Violation | Seriously. Who is actually making sales and prosperous in this sector? YAHshua the sound of His Name in English, YAH is short form of YHVH, Bible.PRAYERBOOK.Praisebook DOWNLOADs [link to www.docdroid.net (secure)] [link to pdfhost.io (secure)] [link to www.docdroid.net (secure)] |
Fema Camp Hobo
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Anonymous Coward User ID: 84871082 United States 06/09/2023 08:23 AM Report Abusive Post Report Copyright Violation | The list of endangered retailers continues to grow this year. Many companies that actually exited bankruptcy in the past are now being threatened by it again, while others that proved resiliency and stability for decades are struggling with debt, weak revenue, and higher competition and may have to shut doors for good in the next few months. Forbes analysts say that a bankruptcy wave was already expected. The only surprising thing about it is that it didn’t happen sooner. For many iconic companies, this will be the end of an era. And for many Americans, this crisis will result in some lamentable losses of favorite stores, brands, and products. For example, after witnessing the bankruptcy and outright collapse of rival Cineworld, shares of AMC dropped by 38% in a single day. During the pandemic, the world’s largest movie theater chain became a meme stock and retail investors pushed its stock up more than 1,000%. Unfortunately, from that point on, things have only gone downhill for the entertainment retailer. A series of controversies have emerged, including allegations that Sam Bankman-Fried’s FTX may have manipulated AMC stock. More recently, Robinhood warned investors that the company was about to file for bankruptcy – which AMC later said wasn’t true. Well, at least for the time being because conditions continue to deteriorate from the chain. In February, its quarterly loss shot up to $287 million, and overall revenues fell again. The retailer is still in a very vulnerable position, and the current economic challenges may push it over the edge. Here’s the list: Abercrombie & Fitch Barnes & Noble AMC Macy’s American Eagle Outfitters JCPenney Forever 21 Kmart Foot Locker J. Jill Casper Sleep Alex and Ani Brooks Brothers Tailored Brands Wayfair [link to americafirstreport.com (secure)] BS list. Macy is sound and profitable. Forever 21 the kids love, Casper Sleep is a no body bed thing, Brooks Brothers is cloths and if they did go down they would just morph. Wayfair does child trafficking so the democrats will keep that going. |
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BrainGuy: MAGADONIAN
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BrainGuy: MAGADONIAN
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Anonymous Coward User ID: 2460366 United States 06/09/2023 08:32 AM Report Abusive Post Report Copyright Violation | Can't stand that retarded "British" drama news voice on the video. Thank you OP for posting list ! Here’s the list: Abercrombie & Fitch Barnes & Noble AMC Macy’s American Eagle Outfitters JCPenney Forever 21 Kmart Foot Locker J. Jill Casper Sleep Alex and Ani Brooks Brothers Tailored Brands Wayfair Adding TARGET |
Anonymous Coward User ID: 85746636 United States 06/09/2023 08:33 AM Report Abusive Post Report Copyright Violation | Sears Roebuck In 2005, the company was bought by the management of the American big box discount chain Kmart, which upon completion of the merger, formed Sears Holdings. Through the 1980s, Sears was the largest retailer in the United States.[6] In 2018, it was the 31st-largest.[7] After several years of declining sales, Sears's parent company filed for Chapter 11 bankruptcy on October 15, 2018.[8] It announced on January 16, 2019, that it had won its bankruptcy auction, and that a reduced number of 425 stores would remain open, including 223 Sears stores.[9] Sears was based in the Sears Tower in Chicago from 1973 until 1995,[10] and is currently headquartered in Hoffman Estates, Illinois. Sears announced in 2021 that it would be selling its Hoffman Estates headquarters complex.[11] On December 12, 2022, Sears Authorized Hometown Stores, LLC, and affiliated debtor Sears Hometown, Inc., filed for Chapter 11 bankruptcy protection, and on December 26 announced the liquidation of the 115 largely owner-operated Hometown stores.[12][13][14] As of May 31, 2023, there were 16 full-line Sears stores, Sears Appliance & Mattress, and Sears Home & Life stores remaining.[13] |
Anonymous Coward User ID: 74245221 United States 06/09/2023 08:36 AM Report Abusive Post Report Copyright Violation | Whoever made that list is a complete retard. Forever 21, Foot Locker, J. Jill, Casper Sleep, Alex and Ani, and Brooks Brothers are NOT big box stores. Kmart has been dead for YEARS. Another idiot doom piece put together by some collapse cumming dumb shit stain. |
Brudder
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Anonymous Coward User ID: 76854956 United States 06/09/2023 08:53 AM Report Abusive Post Report Copyright Violation | Alot of these videos are AI generated you know. Some YouTubers are making bank with these. Actually anyone can make these. I saw a tutorial. Have AI write a script. Add the AI generated voice to read it. Have it add images and come up with a catchy name. I wonder how many of these vids are just like that. The whole world is becoming a giant fake ass artificial sham. |
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LJS
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Anonymous Coward User ID: 85940731 United States 06/09/2023 09:12 AM Report Abusive Post Report Copyright Violation | Is bankruptcy a valid risk? More of a second lifeline for many businesses. They have debt forgiven, or greatly reduced, outstanding stock largely becomes worthless. They restructure, recieve new lines of credit, and get to do it all again. How many US companies have entered bankruptcy, some more than once. Doesn't always end in success, especially for creditors and shareholders but the corporate figures seem to always survive, and often a new corporate entity emerges. |
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