An estimated 12,000 shops could close by the end of 2019

An estimated 12,000 shops could close by the end of 2019

Everything that went Public... has resulted to the Executives bleeding them dry and playing fiction games while they fleece it, is now catching up.

Most CEO Executives and Board of Directors had no concern for truth and reality, they only saw getting stock options and exaggerated salaries and perks!!! the clone scripted Board of Directors has always been a Criminal Network of Greed monsters. They have no respect for the communities these companies serve, or the people who relied on these jobs in those same communities. All they saw was greed!!!!

If shareholder were smart and not in it for the spin of "ticker tape fictions"... they would collective file suit against these CEO Executives and the Board of Directors of each and every one of these companies. Cities should also collective file suit, because every one of these companies gained some city tax benefits for every thing they built in these cities and many cities invested in infrastructure modification to help facilitate these stores facilities. they should subpoena the past 20 yrs of records and go after every penny they cashed in on stock options and salary for generalized failure and false and misleading management.

They "stock holders, cities and citizens" should collective file a class actions suit against the "Stock Exchange" for not upholding the principles of why the stock exchange was created, WHICH WAS. to allow individuals, and institutions to invest in business for the purpose of "Research and Development", "General Stability" and "Managed Growth" and this was of design facilitated for "Long Term Investors" !!! Instead they allowed the stock, bond and other financial institution to play "Casino Games" with these businesses. The Stock Exchange Regulator allowed this massive failure to unfold by poor regulatory oversight. THIS SHOULD HAVE BEEN LEARNED DURING THE HOUSING CRISIS, When "Ratings" were falsified and pumped up with fiction.

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Anyone today creating a business, should NOT go public.... they should sternly manage their growth... and deal with real time "accounting"...

America may be forced to awaken to CEO Greed and Board of Directors Ignorance wrapped in their greed.

Call it what it is: Internal Systematic Economic Treason from within America against America Cities, Communities and Citizens.

America is learning the hard lesson.. and the learning is far too slow !!

All these Ivy League and Top 12 University's Graduates who have been taught they will get a "gravy train executive position" are taught to live in pursuits of such expectations and the status game will make them do anything to get it, in the ego competition games they are taught, in the financial arena.

Now, America continues to find out, all these people "given all this accolades of publicity fail to even remotely meet the level of the hype"... they are spun in a "pomp and pageantry circle' among "a--kissers" who make them think they are "Gods of Sorts"... and the proceed to enrich themselves to try and play the role and keep up the status game, at the expense of these business, the cities, the communities and the employees.

Any company, where an executive wants to earn over $1 million a year... then he should go open his own business. NO PUBLICLY TRADED BUSINESS should ever pay a CEO more than $1 million a year...($83,333.33 a Month) max initial signing bonus is $200K, no more.. if they can't live on that, they have no business trying to manage anything!!!! NO STOCK OPTIONS and NO LUXURY PERKS... if he/she wants stock buy them like every other employee has to do, and pay for their own home like every other employee does, and NO MORE Company owned Luxury Suites and NO MORE company owned private Jets... They fill out a "Travel Request" just like any other employee is required to do.

If they don't like it, then go find another job !!!! This game of CEO's bouncing from one company to the next, has to end... either they are devoted to the job of CEO for the respective company and the best way to get that devotion is .. they have to earn their money... if they are paid no more than $1 million a year, they will work harder to protect that job and the company by ensuring the company does well. Their bonus for good performance should not exceed $100k in any given year. They get the "exact same medical plan they offer to the employees" and they get the exact same pension plan they provide to employees.

The need for the public to address Executive Madness

If anyone reading here has ever worked at any company where a "CEO" came to visit... they know... the fiction and the deceptive lies. Management is taught to create a pretense that "all is well" and employees are remanded to "not ask the hard questions"... if they get to ask a question at all. The CEO walks around with a entourage playing who can kiss the butt the most.. These CEO's DID NOT create the company.. they are an "employee" just like all others are employees, and if they don't and can't face the real questions of the employees, then they should not command the role of leadership.
Today, management has forgot they are there to ensure the business function and to serve the employees who produce the production and/or provide the services. Instead they think themselves "dominator's" who can pretend to be "guru's"... when an employee comes to discuss business related concerns, ideas and issues, these same people ... acts as if they have no time to listen.. they allot 2.5 minutes with their ears closed.

Inventory has been a "shell game" played by these public traded companies... they "over stock" and use it as a game to pretend they are performing, and then the 'warehouse does cycle of liquidation" to prepare for the next barrage of excessive inventory... and the cycle continues... we see this surplus become the products on the "$1 stores shelves"... and they repeat the cycle until it collapses in on itself.
Anyone can go into a Office Depot, CVS and Walgreens and the lies and see "excessive inventory"... knowing these stores will not sell all that inventory in a managed time frame. there is a such as a program of "real time delivery" that can function on inventory point... but these facilities get dumped on with product and then criticized by location because they don't sell it all. When its not realistic to sell it on, when ones' market shares does not command the dominance as the "only seller" in the areas. This is the result of "over saturation"...
Many of us have seen ... Drug Stores on each of the 4 corners of Interjections. Reality never hits the minds of the cities or the citizens to address the over saturation s.. we get excited at the "sight of these facilities" and as years come, we then get distressed to see a "empty closed building sitting there" with overgrown weeds and a deteriorating facade.

We watched strip malls pop up like wildflowers... while Executive gave themselves a bonus for "over building" as a pretense they are high performers. Result is always that the community will suffer... first by a very soon understaffed facility, people hire managers who never call the Gardner to keep the curb appeal up to standards and parking lots develop potholes and long before that, the line striping in the parking lot has faded away. These are tell tell sign of poor regional management teams and weak management who does not know how to request the services necessary to sustain the upkeep.
We allowed Walmart to create all these stores with all the registers, but never able to staff more than a few registers at a time. they have played the same game with the Walmart grocery stores... but we don't have systems in cities that can and will address these matters. People get subdued with worshiping the title of the people from corporate and never address the real community concerns.

People have to realize. YOU are what makes these business function, both as consumers and employees, and as the investing public... CEO's should have never been allowed to become Chairman of the Board and in some cases Company President title as well. It's a recipe for disaster.

They do it because "we" the public simply don't know how to challenge it. We have a society who has been groomed to worship the title and the suit!!!!

Many people will loose jobs!!! and these Executives will cash out and live like "Kings" and move on to process the downfall and crash of another industry. When they get deep into that cycle, they try to "cover their arse" by "Merger's and Acquisitions"... amassing debt, and destroying one company and weakening the other. The communities suffer as a result.

This breed of people who now occupy the executive ranks... have no idea what built America.

they don't know that business was designed to 'serve the community" ... businesses both mom and pop and big chain business, use to provide support for "civic programs" that cover the range from helping "youth centers', "senior centers", little leauge sports, and other youth sports programs; churches use to have "community centers and these thrived when the original business creators were in charge, but when it became ... overtaken by "university graduates under the label of CEO's" everything began to suffer. People now create small business and the first thing they want to put on the Business Card is the Acronmy "CEO"... In the years when America Prospered... COMPANY PRESIDENTS ran the company!!! but when you create the layer of CEO and Chairman of the Board, it 'WEAKENS" the principle of what is a Company President.

The structure: CEO - Chairman of the Board - Company President, Chief Financial Officer , Chief Operation Officer... followed by Senior Executive VP, Executive VP, and Regional VP's... District VP.... it's guaranteed to be "slow to learn"!! and even slower to make the needed adjustments. Each of these is busy trying to protect their salary and stock options and perks, until they create a "contention cycle" that spins in a progression of defeatism.... all trying to post number to improve their bonus by any and every deceptive habitual practice they can. They become more worked about the "stock ticker" than running the business. When THEY KNOW the stock ticker is based on pure "Trading Frenzy, built upon Speculation"... so the whole team of executives become "Fiction Promoters"

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Cities, Communities and People Suffer as an end result. The systemic failure across America, can be traced to these elements and the university churns out more and more clone script minded minors who follow the same madness, while they enrich themselves.

SEARS, Montgomery Wards and JC Penny used to solicit American Manufacturer to produce products for their stores, they scoured the U.S. for producers... and when failure began to hit them, they never figured out... if you don't stock your shelves with American employee produced products, then there is no income in the hands of Americans to be consumers in these stores. the lower wages sank, the more imports of cheap goods filled the shelves appeasing low wage citizens with the cycle of pretending they could purchase as investor in durable good, products and services.

We went so stupid, that we stopped providing service when we began selling imports, we stopped providing durable goods, beause the "university trained the goons to promote disposable products" to ensure the consumer 'repurchase on higher frequency".... wasting away their low wage earning, by having to repurchase over and over the same product beause it was and is non durable.

We became so entrenched until we Outsourced the Factories and Demanded that the Chinese and Other Foreign Entities produce the products as cheap as possible... but stores still wanted to sell it at a price as if they had paid an American Living Wage to produce it.
They went from 30-40-60% profit margins to 300-3000% profit margins and EVERYTHING IN AMERICA BEGAN TO DECLINE AT A RAPID RATE OF 300-3000% DECLINE, until our infrastructure is failing, and our cities have deteriorating communities from Coast to Coast.

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I personally would not hire a Ivy League Graduate at an exaggerated salary to run any business I create. I'd go to the average university where people are actually taught "civic ethics" and "business ethics".... and understood the role of business and community... They will not be paid millions a year, they would not get an ownership stake of the company. They would understand their role as an "employee" in a leadership role...

This delusional game of "thinking some to be "guru's" because they come from University X is a delusion, and much corruption is engaged by people doing anything to try and live up to the hype. We see it over and over with the 'charges levied against many of these who have become excessively wealthy off the backs of these companies".

Now we have Corporate Executives "Buying Our Politicians" !!! and promoting policy that devastate the America People and the America Society, until they have funded the process of "Destroying Our System of Regulatory Governance"... People don't get it... Regulatory Governance is what mandated Corporations to Produce Quality Standard Products and TO Operate by Ethical Standards"... The more we choose people who destroy "regulations" the more damage we do to American Society in every sectors and element of society. Who suffer's is THE PEOPLE !!!

During the Hey Day of American Industrial Success... Regulatory Standards propelled business to meet quality standards!!!! It ensured "Fair Competition" and there was not "mass debt" of companies trying to destroy completion, while they push politician to destroy Regulations once they had ruled out the Competition... They do such today, and 'every average American suffers as a result. We now have a congress that won't act, because their pay masters have paid them not to serve the people, but serve the industry that contributes to their "wealth game of campaign contribution"... The voice of American Citizens is bought away by Corporate Money.
We have massive volumes of products now that "harm people' and they do a class action suit, give them a few $100 dollars as a settlement and continue to cycles of damage and destruction harming more and more people and the economy and our society.

The only person who is calling it out is "Elizabeth Warren, of the Consumer Protection Agency"... sadly, American don't even know the value of the Consumer Protection Agency, because they have been hoodwinked and misled by Politicians pushing the agenda of Big Corporate Agenda.

James 4:1-3
What causes fights and quarrels among you? Don't they come from your desires that battle within you? You want something but don't get it. You kill and covet, but you cannot have what you want. You quarrel and fight. You do not have, because you do not ask God. When you ask, you do not receive, because you ask with wrong motives, that you may spend what you get on your pleasures.

We get so lost into this cycle... until we forget to pay attention to the things that bring us such chaos and propel us into cycles of being fleeced and stripped and spinning in destitution.

Mark 8:36-37
36 For what will it profit a man if he gains the whole world, and loses his own soul? 37 Or what will a man give in exchange for his soul?

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This is a principle lost on the "greed trained system we now promotes in our University Sectors. They now teach "Greed By Any Means"...

Society Suffers as a result....

People don't engage this type of discussion, because they can't "spin drama"..... and fearful of facing what is real truths..... so subject matter as such is glossed over. It requires them to think!!! and to address realism... and that is not what the general format of many of the participants care about.

If a location isn't profitable, it should be closed. That is just common sense. As for supporting Elizabeth Warren, not going to happen.

People complain that "Economic's" is a major life concern... but they get caught up in "political hoopla of drama spin".... and then do not look into the depth of the issues and problems, and then pander to the concept of the wealthy.... such as the above comment, with simpledom... of saying... "if its not profitable to close it"... RATHER THAN inquiring and investigating why the Corporation did not establish "real time" "market share information and study the trends and the competition more carefully before they proceeded to "over expand".

American's are the problem that supports the expanding and exploding problems that plague American society. Most people, have no idea to think beyond what is cliche spin... and then can't figure out where the real blame resides, so they go into Political Cultism of Tribalism, build upon race and ethnicity blames games....
this is primarily exactly what is "spun in this portal" and the same in other portals which I've visited.

The person who is speaking about it, many can't even hear the principles in what she is saying because they try and "Filter It Through Political Party Cultism". Much will continue to decline in America... because truth is... America is not as 'educated" a the world once thought... and we are 27th on the world equation of Education.

Most and we see it everyday.. rely on "promotion commercials spin and drama" for their political information... never facing the fact its based on "inciting drama spin"... and the actual facts is skewed by "Partisan Ignorance".

It's now exposed of those who "bought their way into ride the "degree game", and that happened in every sectors of the country at every institution from the Middle Class level University System to the Ivy League System.... And now these same people who "bought their way out with a degree" have been and is the grouping that continue to fleece, spin and strip employees of everything, then encumber and eventually crash companies.

There is no need to feel sorry for those who cry "we've been left behind" in this modern day system.... we can actually see them as being more "educationally weak, with a willful intent not to become educationally enlightened". Sadly, this is the system some now support as a continuance of more of the same. We can see vividly the damage this Administration and this Senate has done, is doing and continue doing and plan to do more of the same.

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Most are afflicted with a short attention span and suffer a deficiency in the ability to engage detailed "critical thinking".. They try and ride on the Post World War II, "hubris"... and the former system of "white privilege built within and upon and during a system of segregationist discrimination. None of which in this current society will freely give them "white ethnicity privilege of first choice, first options, first opportunity and first in line at every sector and element of society. Many are angry because they can't have it, and claim they want that "way of life" to return... which is a firm stand that supports forms of discrimination if it puts them first.

No longer can the game of Pretend to be educated, because of how one pronounce words... yet, lacking in the depth of what being educated truly can do in enlightening people and giving them the skill sets to advance with the advances of society.

RealityNow said:

An estimated 12,000 shops could close by the end of 2019

Everything that went Public... has resulted to the Executives bleeding them dry and playing fiction games while they fleece it, is now catching up.




Anyone today creating a business, should NOT go public.... they should sternly manage their growth... and deal with real time "accounting"...

America may be forced to awaken to CEO Greed and Board of Directors Ignorance wrapped in their greed.

Call it what it is: Internal Systematic Economic Treason from within America against America Cities, Communities and Citizens.

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For those that think high trade deficits are good, think again.
If we are going to lose retail and other service industry, we need manufacturing back in this country, not China.

I agree, and the first thing we need to do is have most of the woman go back to bring up the family, which is the most important job ever. A big change in the 20th century was the fact that we needed two income families. Just think of it, how would that effect the unemployment rate? The family structure eroded, kids were brought up by “child care” moms, not real moms. Then, when the family did have time together, the parents felt they had to give the children everything they asked for because they felt guilty. Hence, we have the “entitled” generation. I could go on forever, but I’m sure I cause enough trouble for one post…

Sadly your are right about a vareity of pointer... but society won't go backwards, and women will not resort to the role of 1950's housewife and caretaker.... how that can be addressed to provide for children being raised with good male or female supervision of parents is a challenges I don't think people are willing to pursue a solution that is workable in this time.

(I personally) don't care for this era of "Skin Show" that has taken hold in society, where everyone is worried about "how naked they can appear" or "how erotically enticing they can appear" and this applies to male and females. One can't deal with any media that is not taking about some "fiction of allure" of costume, or the body shape and the artificial augmentations and artificial costuming, to the age where any florescent color is added to the hair... when 'it is no business conducive". Yet, people can do as they choose and the consequence of their choices becomes theirs!!!

(I) would tell any young person, go into a performing business environment and see if you find these images in responsible roles. It simply won't be found. i.e. Go to a bank and see how many customer will stay with their bank if the personnel is fully tattoo'd and with florescent hair and facial piercings. ??? society in general simply does not cater to that imagery when people are depositing or investing their hard earned incomes.

I don't care to discriminate against anyone... nor will I... but I can be selective about the establishment I patronize, to pursue those that meet a standard that is universally accepted.

One program structured to training: To "Train New Car Sales People" - the information contained an unwritten guideline for new recruits... not to seek to advance people with facial piercing, facial, hand, necks and other visible "tattoo's or piercings, and the point was, "if you take their money and train them, the dealerships "won't hire them", because the broad base of diverse customers won't feel comfortable buying from them. After certification I did not engage the work of training. Another element was, I was not going to train people to sell what the buyer can't afford; simply so a salesperson can meet a monthly competition on quota.

People really have to stop and think about many things in a society... where "everything is about money" and ethic's has been tossed in the fire...!!!

Political madness today is all about "corporate interest" and ignoring the value elements laid out in the Preamble to the Constitution.
Those words never supported things like "slum lords" or "sales person filled with greed dominating their whole agenda", or politicians filling people with "fear mongering" just to appease and pass some corporate sponsored legislated, that is designed to defeat the individuals and enrich the corporate at the determent to society as a whole.

CEO compensation is up 1,000% from what it used to be. Worker pay? Not so much.
CEO compensation has increased by 1,007.5% over the past three decades while workers have seen their pay rise by about 12%, according to a new report by the Economic Policy Institute (EPI).

“CEO compensation is really high, and it's really grown tremendously over the last four decades,” Lawrence Mishel, an economist at the D.C.-based left-leaning think tank told Yahoo Finance. “Workers have not done very well at all. This really matters because CEO compensation sets the pattern for executive pay more broadly and has helped fuel the growth of the top 1%.”

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Terrible Board of Directors and the Fiction that drives up CEO Pay..... American people have the power to change it... "don't buy from companies that pay these executives outrageous salaries.... for 3 months, 6 months and they will figure out how to wake up from this public robbery.