Appliance and electronics store HHGregg has filed for chapter 11 bankruptcy. It announced it was closing underperforming stores to bottom the storm. They were hoping a firm would buy the company to keep it from sinking. It turns out no one wants them.
Today, the retailer announce that all stores are closing in the United States.
That affects 5,000 employees.
On Friday, the company announced that it will liquidate its assets after failing to find a buyer for the business. It filed for bankruptcy protection in March.
The company based out of Indianapolis had over 300 stores in 19 states selling major appliances like washers and TVs, as well as computers and home theater systems.
The company will open it up its distribution centers and sell off all its properties as well.
"While we had discussions with more than 50 private equity firms, strategic buyers and other investors, unfortunately we were unsuccessful in our plan to secure a viable buyer of a business on a going-concern basis within the expedited timeline set by our creditors," said CEO Bob Riesbeck.
Donald J. Trump now overseas a country where the middle class is being driven to the poor house by their jobs in service being wiped away by greed, lack of labor unions and the digital giants.
To make this even more painful, Mike Pence was then governor of Indiana before he became vice fuhrer.
Panera Bread merges with the companies that own Krispy Kreme.
We are experience a retail bubble that is about to crash in the coming year.
With Donald J. Trump and Mike Pence, who knows how low they'll go before they realize that the problems gotten worse under their leadership. With Republicans determined to destroy the safety net, the healthcare law, and the continuous rollback of regulations that affect the working class, the canard of "limited government" could become a tepid reminder that "corporation are people" and they bleed too.
The retail industry is suffering. Another major move in the business includes the merger of Panera Bread with Krispy Kreme Doughnuts and Coffee.
The company JAB Holdings which owns struggling Caribou Coffee and Krispy Kreme Doughnuts said in a presser that it would by Panera Bread Company for $7.2 billion as it expands into territories that are dominated by Dunkin Donuts and Tim Horton's.
The company operates out of St. Louis and is offering usually healthy food as well as soup bowls and vegetable entries.
The company was founded by Ron Shaich and the decision to sell to a German investment firm is "bittersweet" for him. He founded the company in 1981 and from then it became a juggernaut in the fast-casual restaurant business. It operates 2,000 stores in the United States and Canada.
The JAB Holdings own Keurig Green Mountain, Peet's Coffee & Tea and other entities.
The "stolen" seat meant for Merrick Garland will be filled by Neil Gorsuch. Republicans go forth with the "nuclear option."
Nearly a year ago, Antonin Scalia passed away. Then President Barack Obama nominated Merrick Garland to fill the post of Associate Justice of the Supreme Court. Republicans in the Senate quickly took to the junk food meica to denounce the nominee and said that any confirmation will happen with a new president.
Their stunt paid off. Now Donald J. Trump is the leader of this polarized and god awful nation.
Republicans have control of Congress, state governorships, and the White House. They look invincible. But all that changed in the first few months of Trump's leadership.
So far, Trump had imposed a ban on Muslims, immigrants and Americans traveling abroad. The Republicans are feverishly working on trying to repeal the Affordable Care Act (aka Obamacare).
Democrats have to watch the Republicans try to undo the legacy of Obama. And even though the party is feuding within its own ranks, Republicans are confident to get things done.
Trump nominated Neil Gorsuch to fill the vacancy of the Court. The Republicans are willing to do so at their own peril.
The Senate passed unilateral votes to get Gorsuch confirmed. The move was aided by four spineless Democrats. Now Friday, the Senate will vote on confirming Gorsuch before they take off for their umpteenth vacation.
The nuclear option is a procedure move to have a majority party get a candidate through with a simple majority vote.
The shit stinks in Congress.
The Republicans are extremely poor in leadership and governing.
The Republicans can't govern bipartisan. Trump and his allies are rolling back regulations on the environment, privacy and is working on conducting a possible war with Syria.
The fuhrer has tiny hands. The unemployment rate goes down but nets disappointing jobs numbers.
The jobs report for the month of March is out. And of course, Republicans will take credit for the jobs even though they have not passed a legislative bill in regards to jobs since Donald J. Trump took office.
The unemployment rate drops to 4.5 percent.
The month of March nets 98,000 jobs. Most anticipated 180,000 jobs.
The hiring in March dropped.
This is a poor showing after two months in high numbers. With retail closing, construction slowing down and instability in the global market, employers are tightening their belts.
Of course, we have 95.1 million people not working. This old canard was hung around Barack Obama's neck. The conservative agitators were saying the numbers were fudged and bogus.
The reasons to why conservatives ignore the real reasons for 95 million people not working.
1. BIRTH 2. DEATH 3. RETIREMENT 4. FIRED OUT THE CANNON (LAID OFF/FIRED FROM JOB) 5. QUITTING A JOB FOR A NEW JOB 6. UNDER 16 (NOT OF WORKING AGE) 7. STAY AT HOME PARENT 8. DISABLED 9. COLLEGE STUDENT STUDYING 10. IN THE IRON COLLEGE (PRISON)
Okay, if you're seriously believing that 95 million people aren't working (just because), then you're an idiot If you choose to not factor the obvious reasons as mentioned above, you're obviously a listener of agitators like that old fart Rush Limbaugh, Sean "Softball" Hannity and readers of that internet creeper Matt Drudge.
Yes, people are searching for the "right" job. There are plenty of jobs out there. Some are willing and some are giving up. It's a part of real world.
With the looming closure of Sears/Kmart, Payless Shoes Source, JCPenney and others, it's going to be even difficult for long-term workers to find suitable jobs.
Republicans are slow walking the Russian hacking scandal. Rep. Devin Nunes (R-CA) steps down and Rep. Mike Conaway (R-TX) replaces him. The two are now trying bring Susan Rice into the affair.
Rep. Devin Nunes (R-CA) caved to pressure to step aside. He announced today he will step aside temporarily from the investigation of Russian meddling in the 2016 election.
Who replaces him is a guy who said a racially insensitive comment.
Rep. Mike Conaway (R-TX) is going to be even worse.
Conaway said in January, "Harry Reid (then Minority Leader of the Senate) and the Democrats brought in Mexican soap opera stars, singers and entertainers who immense influence in those communities into Las Vegas, to entertain, get out the vote and so forth."
"Those are foreign actors, foreign people, influencing the vote in Nevada. You don't hear the Democrats screaming and saying one word about that."
Listening to Sean "Softball" Hannity call upon Conaway to investigate Susan Rice seems timed.
Susan Rice is denouncing the allegations of "unmasking" of Trump transition members.
Conaway is convinced that Rice had meddled in the "unmasking" of Trump transition officials and has declared his interest in holding hearings about it.
Donald J. Trump and his campaign associates are under fire for allocating resources to Russian hackers and the Republicans are slow walking this scandal. They are trying to chase a shiny coin with the allegations of former National Security Advisor Susan Rice "unmasking" individuals like Michael Flynn.
Trump had accused his predecessor Barack Obama of wiretapping Trump Tower during the election.
The controversy has picked up major attention on the Fox News Channel. They have tried to find "smoking guns" that mostly were filled with water. None of the allegations thrown upon Obama are sticking so they're working on allegations of others working for the National Security Council plotting a sabotage of the Trump legacy.
Republicans are calling for Rice and others to appear in a hearing to explain their role in the allegations.
Tiny-handed hypocrisy. Fuhrer Donald J. Trump was demanding President Barack Obama to get Congressional authority to strike Syria. Now as the leader of this country, Trump makes a callous move that could put us in another endless war.
Obama drew the "red line" when it came to the Syrian government using chemical weapons on its people. He was close to engaging into a war. But one thing stopped him from doing it: A Republican-controlled Congress. Yes, the Republicans were demanding Obama to get approval. They said that the fight in Syria was not worth it.
The Republicans wouldn't give a Democratic president authorization to strike. House Republicans refused to hold a vote to declare military action against Syria.
Republicans refused to give then President Barack Obama the military authority to strike Syria.
Somehow, they change their tune now that an inept leader like Donald J. Trump is in charge.
Alternative facts once again. Republicans are now praising the decision to strike.
Trump delivers his statement about the strike from his Maro-a-Lago resort tonight.
Trump of course says that "something has to be done" when it comes to Syria. He blames Obama for not engaging in a surgical strike against the Bashar Al-Assad regime.
Before Trump became the leader of this polarized and yes awful country, he was bemoaning Obama about meddling in the Syrian affair. Trump said this is going to be an "endless" war. He was demanding Obama ask Congress for military action.
I remember making a post about this. I was calling out Congress for trying to deny Obama the opportunity to take out Assad. I also criticized Obama for even tempting to engage in another endless war.
Here's a quote from my previous post.
As the commander-and-chief, Obama has to outline his military strategy. He wants procedure strikes on military bases and spots that contain chemical weapons. The president can do that as he pleases since he's the military leader. But some are bitching about the Constitution and the possibility of going into a long drawn out war.
He's getting criticized by the Opposition Team (Rand Paul, John McCain, Lindsey Graham, Ted Cruz, and Mike Lee) on how he should address this issue in Syria. They wanted him to go to Congress to issue a declaration of war. Then when he shocked the junk food media with that, the same members of the Opposition Team are bitching about how it's a weak move by a president.
Congress is truly inept and willing to put the United States in a war that should have been left alone.
Now that Trump engaged in a military strike upon Syria will rile up the U.N., China, Russia and the United Kingdom. The allies will flex cautious reactions to this.
They will all demand whether the strike upon Syria was justified.
The United States wasn't attacked by Syria. This action was stupid.
Let's make this clear: Republicans flex their muscle through their tongues. They don't see the impact of a global war. All they see is our resources being used to "protect" our interests. And when the United States engage in a war, they want to fund more military spending over domestic spending.
They will place the United States in continuous engagements.
It will inflame the Arab world. It will prove to the terrorists that the United States is truly at war with Islam.
The breaking news tonight is the critically inept Donald J. Trump ordered a military strike on Syria.
It emboldens an international presence in the country. The U.S. had tried to distance itself from the civil war going on in the country. Now we're in this mess and it's likely we're going to have ground troops and threats of attacks from Syrian backed allies, the Islamic State, al-Qaeda and other groups.
It also ignites a Middle East crisis. The United Nations and other groups weren't aware of this.
Trump's careless call to strike on Syria will cause a backlash. It will cause tension between Russia, Syria, the Arab League and the United Nations.
The U.S. said it will retaliate against Syria after allegations of the government using chemical weapons on people.
Syrian president Bashar Assad will certainly respond in due time. Trump will do a presser from his Mar-a-lago estate.
Russia warned that if America interferes in the Syrian affair, there will be consequences.
Trump now vows to dispose Assad. His actions will now bring the U.S. into an endless war.
