Silver as an investment

Category Archives: JC Penney

SHTFplan: The Retail Apocalypse Picks Up Speed As Sears, JCPenney, Brookstone And Mattress Firm Spiral Toward Bankruptcy

Prepare yourself. Buy physical silver and storable food. This report was originally published by Michael Snyder at The Economic Collapse Over 20 major retailers have filed for bankruptcy since the beginning of last year, and in 2018 we may break the all-time record for annual store closings that was established just last year. We are […]

Dead Mall Stalking: One Hedge Fund Manager’s Tour Across Middle-America – Part 2

Via AdventuresInCapitalism.com, Continued from Part 1… Malls are bearing the brunt of changes in retail, but they’re only the canary in the coal mine. Let’s start with a simple premise; commercial real estate (CRE) will change more in the next decade than it has in the past hundred years. Anyone who thinks they can fully […]

“It’s A Perfect Storm”: List Of Retailers In Danger Of Bankruptcy Hits Record 22

The US retail sector continues to sink at an alarming rate, and according to the latest iteration of Moody‘s list of retailers who are in danger of filing for bankruptcy, there are now 22 distressed retailers whose troubled financials the rating agency believes could make them potential bankruptcy candidates in the near future, up substantially […]

The “Retail Apocalypse” Is Officially Descending Upon America

Authored by Carey Wedler via TheAntiMedia.org, Consumerism has long been a defining element of American society, but retail giants are now shutting down thousands of their locations amid a long-anticipated “retail apocalypse." BI reports that over the next couple months, more than 3,500 stores are expected to close: “Department stores like JCPenney, Macy’s, Sears, and Kmart […]

What The Hell Is Going On?

Via Jim Quinn of The Burning Platform blog, “The older I grow, the more I distrust the familiar doctrine that age brings wisdom.” –  H.L. Mencken   “The older I get the less I listen to what people say and the more I look at what they do.”– Andrew Carnegie I’m 53 years old. The […]

Darth Mall Strikes Again! JC Penney To Close 130-140 Stores (And 2 Distribution Centers)

wallstreetexaminer.com / by Anthony B. Sanders via Confounded Interest / March 7, 2017 J.C. Penney announced Friday that it would close up to 140 stores in the next couple months. Why? Persistent negative earnings is a tip-off. That follows decisions by Macy’s and Sears to close a collective 218 stores in the first half of the year. Other mall-based stores including American […]

Perpetual Black Friday

Submitted by Mike Shedlock via MishTalk.com, Whatever numbers the retail association posts this weekend for Black Friday (typically overoptimistic assessments) are likely to be skewed this year even more. The New York Times expects a Less Frenzied Black Friday as Millennials opt to stay away. If you’re in the retail business in the United States, […]

ZeroHedge: Another Headline Head Fake – The Consumer Can’t Save The U.S. Economy

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by David Stockman via Contra Corner blog, After a week in which all the big retailers—Macy’s, Kohl’s, Nordstrom’s, Gap, JC Penney, Dillard’s——reported exceedingly downbeat results for their April quarter, it is not surprising that the Census Bureau’s statistical fabrication mill reported robust […]

ZeroHedge: “Sick Joke” JC Penney Still On Bankruptcy Path

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Jim Quinn via The Burning Platform blog, I find J.C. Penney to be a sick joke. The executives of this company think they can put out positive press releases and have their financial statements not properly show in […]

ZeroHedge: Dear Barack… You Forgot To Mention A Few Things

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Gary Kaltbaum via GaryKaltbaum.com, While my President was out this week patting himself on the back and taking victory laps over the "supposed" 4.9% unemployment rate, he forgot to mention a few important tidbits about what is really […]