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Crashing Companies

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15 hours ago, Phantom said:

Walmart announce they are closing 63 Sam's Club stores which will put approximately 10,000 employees out of a job.

Walmart sucks! Have a great weekend!

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5 minutes ago, Sir Creep said:

Yeah link works fine on my pc, not on phone.
"[Walmart spokesperson] Hitt declined to provide a list of addresses for the 63 Sam's Clubs locations that will be shut down."  WTF??

There are 2 in the Minneapolis area that are closing down. I think the local press might have reported it if a store was unexpectedly closed earlier in the week.

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And that’s Carillion gone into liquidation...

 

Hang on... Chairman Philip Green??

 

Not same one as BHS surely???

 

Edit....nope. But clear print have a chairman or anyone on the board of your company called Philip Green :D

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Would have thought the "Kayleigh" royalties would keep them solvent for another decade.

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House of Fraser have just sold their Edinburgh flagship store for over £13 million. Not a good sign when they start liquidating assets! 

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Gun makers Remington are filing for bankruptcy.

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lacked Steele, clearly.

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In a case of, I had no idea anyone wore a pair of these past 2001/thought this brand ceased existence years ago

https://www.avclub.com/jnco-jeans-are-dead-at-last-1823090690

JNCO Jeans is no more

 

For those unaware/blocked out what these cartoonishly baggy pants looked like

51GaFHdC7gL._UY606_.jpg

 

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15 minutes ago, Phantom said:

Not that surprised since they weren't even at NAMM this year (Its the big music company convention) and theyve been naking low quality guitars for a while. FENDER FTW

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IHeart, the biggest U.S. radio broadcaster, is teetering ever closer to a default on its $20 billion debt load. The company skipped a $106 million interest payment due Feb. 1 on its 14 percent notes, kicking off a 30-day countdown to an official default. Creditors expect the company to file for bankruptcy by the end of the grace period, and are negotiating with each other and the San Antonio, Texas-based company to reach a pre-arranged plan before time runs out.
SC

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Toys'R'Us in the shite.

 

Administrators in if they can't get a buyer by Tuesday.

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2 hours ago, charon said:

Toys'R'Us in the shite.

 

Administrators in if they can't get a buyer by Tuesday.

Is that both US & UK arms of the business?

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1 hour ago, Drewsky1211 said:

The Weinstein Company is filing for bankruptcy.

Not surprised - had heard that things had been touch and go at that company......!

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Maplins, God forbid 'NO'.

 

Hi de fucking Hi, but that is a haven of tranquility.

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On 23 February 2018 at 20:19, Dead Wait said:

https://news.sky.com/story/3200-jobs-at-risk-as-toys-r-us-uk-lines-up-administrator-11264021

 

US filed for bankruptcy last year and is expected to shut a further 200 stores. UK very likely to go under next week

Now in the hands of the receivers. 

 

Toys R Us UK goes into administration
http://www.bbc.co.uk/news/business-43225248

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On 23/02/2018 at 17:54, charon said:

Toys'R'Us in the shite.

 

Administrators in if they can't get a buyer by Tuesday.

.Beaten to it. :(

 

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On 26 February 2018 at 18:03, charon said:

Maplins, God forbid 'NO'.

 

Hi de fucking Hi, but that is a haven of tranquility.

Yep. Maplins away now. Company collapsed :(

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It's the older employees of Maplins I feel sorry for

 

image.png.bb2baea061b827fb6325801bfd5ee6cb.png

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