Like we didn’t see this one coming. Neiman Marcus, the over priced retailer, has announced they will be closing 25% …

http://www.govtslaves.com/2017-09-13-neiman-marcus-announces-big-store-closings.html

The collapse of retail is accelerating. Over the span of the last week, three more iconic companies have reportedly hired …

http://www.govtslaves.com/2017-09-09-the-retail-bloodbath-continues-as-vitamin-world-toys-r-us-and-bon-ton-stores-ready-for-bankruptcy.html

The ship is sinking quickly at Neiman Marcus. The company has an enormous amount of debt, almost 5 BILLION dollars …

http://www.govtslaves.com/2017-09-02-the-retail-apocalypse-is-about-to-claim-another-victim-neiman-marcus.html

Sears Holdings, after warning in March that “substantial doubt exists” about its ability to continue operating as a “going concern,” …

http://www.govtslaves.com/2017-08-27-sears-revenue-to-hit-zero-in-3-years.html

The Hoffman Estates-based retailer, which operates Sears and Kmart stores, has been trying to cut costs by closing stores, including …

http://www.govtslaves.com/2017-08-25-sears-posts-massive-billion-dollar-sales-decline.html

When we commented back in March on the unexpected “going concern” notice in Sears’ 10-K which sent the stock crashing, we pointed …

http://www.govtslaves.com/2017-08-25-sears-death-spiral-accelerates-vendors-halt-shipments-as-cost-of-default-insurance-soars.html

Sears Holdings Corp., owner of Sears and Kmart stores, said Thursday it plans to close 28 more Kmart locations this …

http://www.govtslaves.com/2017-08-24-22-retailers-closing-the-most-stores.html

Sears Holdings said Thursday that it would close another 28 Kmart locations as it continues its cost-cutting campaign amid a …

http://www.govtslaves.com/2017-08-24-slow-death-sears-to-close-another-28-kmart-stores-as-retailer-seeks-stability.html