Macy’s Closing 68 Stores & Cutting 10,000 Jobs

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.

JMD MACYs CLOSING 002

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.

Tesla & Panasonic to Make Solar Cells in Buffalo, New York … JOBS, JOBS, JOBS!!!

MAKING AMERICA AND UPSTATE NEW YORK GREAT AGAIN …

If Democrat strong-hold states like New York become areas for job growth under a Donald Trump presidency, look out. According to Yahoo News,  Japanese electronics company Panasonic and U.S. electric car maker Tesla plan to begin production of solar cells at a factory in Buffalo, New York. Its all about jobs, jobs, jobs and putting America back to work again.

Making America Great Again

The two companies said they finalized an agreement calling for Tokyo-based Panasonic to pay capital costs for the manufacturing. Palo Alto, California-based Tesla made a “long-term purchase commitment” to Panasonic.

Their statement gave no financial figures.

The factory in Buffalo is under development by SolarCity Corp., a San Mateo, California-based solar panel company owned by Tesla. The photovoltaic cells and modules will be used in solar panels for non-solar roof products and solar glass tile roofs that Tesla plans to begin making, the announcement said.

Production is due to begin in mid-2017. Tesla said it will create 1,400 jobs in Buffalo, 500 in manufacturing and plans further expansion in Buffalo.

Panasonic also is to work with Tesla on next-generation technology, the companies said.

New York state has committed $750 million to build and outfit the plant at Buffalo’s RiverBend site, the centerpiece of Democratic Gov. Andrew Cuomo’s “Buffalo Billion” program to revitalize the upstate region’s largest city.

SolarCity has committed to investing $5 billion over 10 years in New York state, hiring almost 1,500 workers at the Buffalo plant for five years and employing at least 2,000 more people across New York in exchange for use of the state-owned plant.

Posted December 27, 2016 by
Economy, Jobs, PT/FT Jobs | no comments

Politico/Morning Consult Poll: 67% Give Favorable View of Donald Trump’s Carrier Deal to Save Nearly 1000 American Jobs from Moving to Mexico

THIS SHOULD COME AS A NO DAH POLL, BUT SADLY THERE ARE THOSE WHO DISAGREE WITH SAVING AMERICAN JOBS ..

A recent Politico/Morning Consult poll shows that president-elect Donald Trump is getting very high marks for his negotiating with Carrier to save nearly 1000 American jobs from being sent to Mexico. 67% polled had a favorable onion of the action, which includes 87% of self-identified Republicans, 54% of independents and even 40% of Democrats. While many on the Left whine about the deal and some on the right in the “never Trump” crowd, an overwhelming majority approve. Saving jobs is always a good thing, especially with the manner is how this was done. With all due respect to Sarah Palin and those on the right, this was not crony capitalism. Carrier keeps some 800 jobs in Indiana that had been slated to go to Mexico in return for $7 million in state financial incentives. $7 million? That’s a piddence in the grand scope of things. Carrier looked to save $70-80 million with the move to Mexico. They did this deal because they know there is going to be a business man in the White House who is going to make America great again for business.

Donald Trump thumbs up

Donald Trump’s first major action as president-elect — the deal he and Vice President-elect Mike Pence struck last week with Carrier Corp. — is earning high marks from American voters, a new Politico/Morning Consult poll shows.

Voters surveyed overwhelmingly view Trump’s negotiations with Carrier — which resulted in about 1,000 manufacturing jobs at the heating, ventilation and air conditioning company remaining in Indiana rather than moving to Mexico — as an appropriate use of presidential prerogative. And a majority of voters say the Carrier deal gives them a more favorable view of Trump, though his overall favorability ratings were virtually unchanged from mid-November.

While some conservatives and conservative groups — including The Wall Street Journal’s editorial board and former vice presidential nominee Sarah Palin — have decried the Carrier deal as “crony capitalism,” the Politico/Morning Consult poll shows it’s a political winner for Trump. Sixty percent of voters say Carrier’s decision to keep some manufacturing jobs in Indiana, where Pence is still serving as governor, gives them a more favorable view of Trump. That includes not only 87 percent of self-identified Republicans, but also 54 percent of independents and 40 percent of Democrats.

Only 9 percent say it makes them view Trump less favorably, while 22 percent say it doesn’t have an impact either way.

At some point, some of you are going to have to stop whining about every thing this man does. I, especially mean those of you on the right. Its getting old and you sould like the Left. I am all for capitalism and free markets, but do not begin to tell me that this was a bad deal.

Barack Obama Eating Crow Over Donald Trump Carrier Deal … Obama Previously Mocked Trump, “Well, how — what — how exactly are you going to negotiate that? What magic wand do you have?” (VIDEO)

AMERICA, THIS IS THE DIFFERENCE BETWEEN A DO NOTHING FAILURE PRESIDENT AND ONE THAT DOES WHAT HE SAYS

Barack Obama and Democrats are eating some major league crow after president-elect Donald Trump came true on his election promise to help keep Carrier and nearly one thousand American jobs from going to Mexico. FLASHBACK … it was not that long ago that Obama was asked about, then GOP presidential candidate Trump, the promise to help Carrier workers keep their jobs at a Town Hall meeting. Obama was quick to be sarcastic and mock Trump. Guess what Obama, Trump does have a magic wand after all. Its called knowing business and the art of the deal. Obama has nothing but egg on his face as Trump came through on his promise. This is my Obama was an epic failure and Trump is already a success.

“ … when somebody says, like the person you just mentioned who I’m not going to advertise for, that he’s going to bring all these jobs back, well how exactly are you going to do that? What are you going to do?”

“There’s — there’s no answer to it,” Obama said.

“He just says, ‘Well, I’m going to negotiate a better deal.’ Well, how — what — how exactly are you going to negotiate that? What magic wand do you have? And usually, the answer is he doesn’t have an answer,” he continued.

Now we have Democrats whining that jobs were saved over a $7 million tax incentive. Seriously, $7 million? After Obama wasted billions of dollars on a BS stimulus plan? In the grand scheme of things, $7 million to save 1000 jobs is quite an accomplishment. See Obama’s failed porkulous plan and his cash give aways to Solyndra and the other failed green energy companies to see what a bad deal looks like.  Keep hating on deals like this Democrats, the American workers, many of these folks union employees, are very thankful to Trump and will vote for him again. Unlike how Obama did nothing and allowed these companies and the jobs to leave for third world countries. Note to Democrats, this is what Making America Great Again looks like.

President-Elect Donald Trump Saves Jobs at Carrier … The Negotiator in Chief

A NOTE TO MSM AND OBAMA … HOW CAN SAVING JOBS FOR AMERICAN WORKERS BE A BAD THING?

President-elect Donald Trump has not even taken the oath of office yet and he has delivered on campaign promises (video). Not only has he saved Ford workers jobs, an act that went under-reported bt the MSM, he has also now saved 1000′s of jobs for American workers that were slated to move to Mexico by Carrier. Donald Trump and Mike Pence are supposed to travel to the Carrier plant and meet with the workers. This is a huge boost to the incoming president-elect’s presidency as he shows not only can he talk the talk, but he also delivers.

This is called a good start America!!!

This is how you gain credibility … doing what you say and promise

Donald Trump staked his credibility as a negotiator — the underpinning of his grand entrance to politics — on a very specific claim.

He wouldn’t just stop the trend of globalization and outsourcing. He’d convince Carrier — an Indianapolis-based air-conditioning manufacturer — to abandon its plans to eliminate more than 2,000 Hoosier jobs and shift its production to Mexico.

Well before even taking office, he’s delivered — Tuesday night the company announced it would keep about 1,000 of those jobs in Indiana.

A note to the MSM and to Democrats, the people who’s jobs were saved and those who will have their jobs saved in the future do not care how Trump got this deal done. They care that they have a job, they care they can feed their family, they care they can put gifts under the Christmas tree for their children and they care they will not be unemployed. DON’T YOU PEOPLE GET THIS?  This is why Democrats, the Left, liberals and the MSM lost the last election. They do not connect, nor understand the American working people.

From Fox & Friends, take a good look at how real Americans feel about their job being saved, and they were a life-long Democrat

How sad, this is how a bitter and failure of a presidency reacts to success that they could not do in 8 years … they try and downplay the news

Next Page →

Support Scared Monkeys! make a donation.

 
 
  • NEWS (breaking news alerts or news tips)
  • Red (comments)
  • Dugga (technical issues)
  • Dana (radio show comments)
  • Klaasend (blog and forum issues)
 
 
 
 
 
 
 
Close
E-mail It