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Author Topic: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump  (Read 1410 times)

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rangerrebew

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Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« on: January 05, 2017, 12:49:46 pm »
Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
Here's massive list of retail locations that company is closing
Published: 14 hours ago



In the battle of Macy’s vs. Donald Trump, it appears the clear loser continues to be Macy’s.

On Wednesday, the retailer announced disappointing holiday sales, prompting its stock to drop more than 9 percent.

The company also released the locations of 68 of the 100 stores it plans to close, with more than 10,000 jobs reportedly being eliminated.

CNBC reported: ” As part of Wednesday’s announcement Macy’s said it will eliminate layers of management to cut costs and make more agile decisions. It also will work to reduce other non-payroll costs. As a result of these steps, the company estimates its work force will be cut by 6,200. Another 3,900 workers will be displaced by the store closures and some of these employers could be reassigned.”

Read more at http://www.wnd.com/2017/01/macys-plunge-cutting-10000-jobs-since-dissing-trump/#GQajKkUflRdHiIui.99
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Offline Cripplecreek

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #1 on: January 05, 2017, 01:10:11 pm »
And Trump being the obnoxious piece of lowlife garbage he is, celebrates Americans being put out of work because their employer "dissed" him.
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Offline thackney

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #2 on: January 05, 2017, 01:35:02 pm »
Quote from: Cripplecreek on January 05, 2017, 01:10:11 pm
And Trump being the obnoxious piece of lowlife garbage he is, celebrates Americans being put out of work because their employer "dissed" him.

Where has Trump commented on, or "celebrated" this announcement?
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Offline Cripplecreek

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #3 on: January 05, 2017, 01:45:41 pm »
Quote from: thackney on January 05, 2017, 01:35:02 pm
Where has Trump commented on, or "celebrated" this announcement?

My mistake, this is from last year when the piece of garbage was celebrating their collapse.

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Offline Frank Cannon

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #4 on: January 05, 2017, 02:28:34 pm »
Macy's has been circling the drain for a while.
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Offline skeeter

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #5 on: January 05, 2017, 02:36:22 pm »
Quote from: Frank Cannon on January 05, 2017, 02:28:34 pm
Macy's has been circling the drain for a while.

Its following Sears & JC Penny, Mervyns and the rest of the old department stores.

This is just the MSM looking for ways to counter the ostensibly positive job stories coming out.
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Offline mirraflake

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #6 on: January 05, 2017, 07:49:49 pm »
Quote from: Cripplecreek on January 05, 2017, 01:10:11 pm
And Trump being the obnoxious piece of lowlife garbage he is, celebrates Americans being put out of work because their employer "dissed" him.

Amazon and online sales have put Macy's employees out of a job. Trump did not criticize neither Sears or K-mart and look where  they are at.

Macy's was bleeding before Trump even ran for President.

@Cripplecreek
« Last Edit: January 05, 2017, 07:50:23 pm by mirraflake »
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geronl

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #7 on: January 05, 2017, 07:53:08 pm »
Trump Kneepad Brigades still trying to make everything about their Lord & Savior
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geronl

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #8 on: January 05, 2017, 07:53:48 pm »
10,000 jobs lost and Trump calls it a "win"
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Offline thackney

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #9 on: January 05, 2017, 08:05:19 pm »
« Last Edit: January 05, 2017, 08:19:31 pm by thackney »
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Offline Frank Cannon

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #10 on: January 05, 2017, 08:19:30 pm »
Quote from: thackney on January 05, 2017, 08:05:19 pm


https://twitter.com/realDonaldTrump/status/616290130916155392?ref_src=twsrc%5Etfw

Remember how they inflated that price in '14? Shuttering stores and trying to set up a real estate development trust. It was all bullshit and the bottom fell out to where it should have been. They have been dead man walking since '09.
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Offline Idaho_Cowboy

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #11 on: January 05, 2017, 10:08:24 pm »
I'm sure Trump is the root cause... NOT



[attachment deleted by admin]
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Wingnut

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #12 on: January 05, 2017, 11:04:19 pm »
Macy's screwed the pooch long ago.  They are the MySpace of brick and mortar department stores. .  They have made a long line of marketing mistakes going back when the bought Chicago's Marshall Fields and threw that great brand name away thinking people in the midwest gave two shits about Macy's.   Dumb ass New Yorkers.
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Offline IsailedawayfromFR

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #13 on: January 05, 2017, 11:23:51 pm »
Quote from: thackney on January 05, 2017, 08:05:19 pm
June 16, 2015 was the day Donald Trump announced he was running for President.

https://www.washingtonpost.com/news/post-politics/wp/2015/06/16/donald-trump-to-announce-his-presidential-plans-today/



https://twitter.com/realDonaldTrump/status/616290130916155392?ref_src=twsrc%5Etfw

2 more dates of interest: July 26, 2015, the day Trump declared Macy's should be boycotted due to its financial support for Planned Parenthood

https://twitter.com/realdonaldtrump/status/624970463106723841

Dec 8, 2016, Macy's announces it will no longer financially contribute to PP.  http://www.washingtontimes.com/news/2016/dec/8/macys-stops-funding-planned-parenthood/

They must be slow learners as they chose to allow $10bn of shareholder market value to escape prior to addressing the hemorrhaging.  That's almost $20 million a day.
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Offline jmyrlefuller

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #14 on: January 06, 2017, 03:55:41 pm »
They've been hemorrhaging jobs for years, long before Trump. See: desperation tactic of opening on Thanksgiving, which was long before Trump.
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geronl

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #15 on: January 06, 2017, 06:53:24 pm »
Trump should celebrate with a big chocolate cake with the words

10,000 American Jobs Lost!

yay!

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rangerrebew

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #16 on: January 06, 2017, 07:20:32 pm »
Quote from: skeeter on January 05, 2017, 02:36:22 pm
Its following Sears & JC Penny, Mervyns and the rest of the old department stores.

This is just the MSM looking for ways to counter the ostensibly positive job stories coming out.

These chains, and others, became anchor stores for malls.  Now with the rioting and looting of "young people," shoppers no longer feels safe and with good reason so their sales don't justify the cost.  What has the law done to stem this tide of lawlessness, absolutely nothing.
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Offline musiclady

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #17 on: January 06, 2017, 07:32:01 pm »
If our local Macy's collapses, I'm going to have to drive to Columbus to buy the clothes I usually get there, and I will not be happy about that.  (I hate shopping).

Our mall is safe and Macy's has the best deals and nicest clothes for the money.  I hope they get it together.

(And I'm quite sure that none of this has anything to do with Trump).
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rangerrebew

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Re: Macy's plunge: 'Cutting 10,000 jobs' since dissing Trump
« Reply #18 on: January 06, 2017, 07:39:38 pm »
Quote from: musiclady on January 06, 2017, 07:32:01 pm

(And I'm quite sure that none of this has anything to do with Trump).

But the Rooskies may be involved. :silly:
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