ELIMINATED!!! VIDEO KILLED THE RADIO STAR AND INTERNET SHOPPING HAS KILLED THE LIMITED …
The WAPO is reporting that The Limited is going to close all of its 250 stories nationwide. That is correct, The Limited, a women’s clothing chain that propelled central Ohio into a major retail player nationally, will close all of its remaining stores on Sunday. In a statement Friday, the company said that its website, TheLimited.com, “will continue operations after the store closings.” However, the website reads “all sales final” and a number of items were not available in all sizes and colors.
The Limited has posted a message on its website saying it is closing all of its 250 stores nationwide, a move that would make the women’s apparel chain the latest big-name retailer to be wounded by shoppers’ growing preference for online shopping and “fast fashion.”
The posting said that the chain’s website would continue to be open for business.
There had been a steady drumbeat of evidence that trouble was brewing at The Limited. During the December shopping rush, the store’s 80 percent off deals and its sudden decision to disallow returns seemed more characteristic of a fire sale than a holiday bonanza.
And reports have cropped up across the country of individual store closures in recent weeks: Shoppers in the Washington region were notified by e-mail that the Pentagon City store was closing. News outlets in places such as Indianapolis, Albany, N.Y., and central Illinois reported that their local Limited stores were shuttering.
A spokesman told the Associated Press that the company will shut its stores by Sunday and that the closures would result in about 4,000 job cuts.
The Limited was once a cornerstone of one of retailing’s most formidable empires. Founded in 1963 by Leslie H. “Les” Wexner, the store was a 2,000-square-foot box named for its limited assortment of women’s apparel.
MAYBE IT WASN’T A SMART IDEA TO STOP SELLING TRUMP BRAND MERCHANDISE …
According to reports, Macy’s will be closing 68 stores and eliminating 10,000 jobs between now and mid-2017. The announcement was issued alongside an unfavorable earnings report, showing comparable store sales dipped 2.1% last quarter. This will leave only about 660 stores open in the United States. Obviously, the trend is to do on-line selling and will continue to be that way going forward. One has to wonder how much revenue was lost in the wake of the Macy’s decision to no longer carry Trump products. Seeing the outcome of the 2016 presidential election, one might call Macy’s business decision a “HUGE” mistake.
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 locations have already shut down. But the retail giant revealed the locations of the remaining 59 stores, which will be shuttered by the middle of this year and affect 3,900 employees, some of whom may be offered jobs at other locations.
Some of the stores are relatively new to the chain. The Macy’s store in the Eastland center in Columbus, Ohio, opened in 2006, and has 73 employees. Some, however, are historic or have been around for decades. Macy’s said it will shutter its store in downtown Minneapolis opened in 1902, where it has 280 employees.
Additionally the retail giant says that it will be cutting “layers of management” at its central operations, and paring the number of managers supporting stores, making up the bulk of 6,200 jobs that will be lost.
- I never watched Billy Bush, never cared for him and don’t feel sorry for him.
WHY DON’T YOU JUST FIRE BERT AND ERNIE TOO? HOW ABOUT BIG BIRD AND ELMO?
What a sad day for Sesame Street and those that have watched the show since its inception. Sesame Street has axed long time cast members Bob McGrath, (a.k.a. “Bob”), Emilio Delgado (who played “Luis”) and Roscoe Orman (“Gordon”) as part of its re-tooling for HBO. Shameful. As reported at The NY Times, McGrath, a member of the original cast in 1969, played the music teacher Bob, and sang some of the show’s most beloved songs, including “People in Your Neighborhood.” His departure leaves Loretta Long, who plays Susan, as the only remaining member of the original human cast. Sad, truly sad. I was actually of that demographic of the original Sesame Street broadcasts. What a great loss and a sad day for the show that some short minded execs think that the original cast members can’t relate to today’s youth.
Sesame Street, the 46-year-old award-winning children’s show, cut three of its most senior cast members earlier this year, according to one of the actors that was released.
At a Q&A event at the Florida Supercon on July 2, Bob McGrath, a.k.a. “Bob,” informed the audience that he, Emilio Delgado (who played “Luis”) and Roscoe Orman (“Gordon”) were all released from the show as part of its re-tooling for HBO.
“As of this season, I have completed my 45th season this year. And the show has gone under a major turnaround, going from an hour to a half hour. HBO has gotten involved also. And they let all of the original cast members go, with the exception of Alan Muraoka — who is probably 20 years younger than the rest of us — and Chris Knowings, who is also young,” McGrath said. (His statement can be heard on the Muppet-centric podcast The MuppetCast, which broke this story.)
According to McGrath, the show will keep Loretta Long, who has played Susan, Gordon’s wife, since the beginning of the show.
McGrath, 84, had been with the Sesame Street cast since the show’s inception in 1969 — one of only two of the original cast members still with the show until this year. Formerly a successful singer in Japan, McGrath sang on many of the show’s early hit songs, such as “People in Your Neighborhood”:
I HAVE BEEN SAYING IT FOR QUITE A WHILE WITH THESE $15 MINIMUM WAGE WHINERS, DON’T ASK FOR THINGS, THEY MIGHT JUST COME TRUE …
Workers at McDonald’s and other fast food industries have been whining lately that they deserve a $15/hr minimum wage. Now it appears that if that happens, the human workers might get replaced by robots. It would seem that that at McDonald’s, a robot staffer is cheaper than a malcontent human one. I bet the robots can make change as well and have a better attitude. Who would have thought they were cheaper? Hmm, I did. For years I have been saying, the more folks whine about getting a “living wage” of $15 per hour, they more they would be replaced by machine.
A former McDonald’s CEO is warning that robots will take over jobs at the huge enterprise – because it’s cheaper than employing humans.
He said that buying highly skilled robotics is cheaper than employing people at the fast food restaurant.
The worrying forecast comes as he warns huge job losses are imminent, and that it’s ‘common sense’ to replace humans in the workplace.
This comes as a study into the future of human employment has predicted a surge in machine-led work such as robotic counsellors, body part makers and virtual lawyers.
The worrying research, by professor of management practice at London Business School, Lynda Gratton, and futurologist David A. Smith, suggests that humans will be replaced because robots are able to produce better results.
I think the exact words of warning to those complaining about wanting their pay to be doubled for doing a job that required little to no skill level was the following. By the way, minimum was meant to be a starter job, not your destination and to afford a home and children.
A note to the “Fight for 15? crowd … DON’T ASK FOR THINGS THEY MIGHT COME TRUE. If this BS is actually passed, all of you making $7.25 will most likely be fired and more competent people worthy of $15/hr will be taking your place. Or, if it were me I would automate the system and completely eliminate your position. How difficult would it be to replace order takers with kiosks both inside and outside to go? And sliding your credit or debit card into a machine to pay like at a gas station? Actually, I am surprised this has not been completely done already.