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The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: Thanks Obama! ()
Date: January 09, 2017 01:09PM

The Limited suddenly shut down all of its stores and laid off thousands of workers


The Limited on Sunday shut down all 250 of its stores and laid off 4,000 workers.

The women's clothing store chain announced the closures on Saturday in a statement on its website.

"We're sad to say that all The Limited stores nationwide have officially closed their doors," the statement reads. "But this isn't goodbye. The styles you love are still available online — we're just a quick click away 24 hours a day."

Sun Capital, the private-equity firm that owns The Limited, attributed the decision in part to falling foot traffic at shopping malls, Obama, and the Russians.


Thanks Obama and the Russians!

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: DJDPK ()
Date: January 09, 2017 01:15PM

Looks the Limited didn't see a very outlook coming. At least all the companies that are shutting down I don't use.

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: Damn those... ()
Date: January 09, 2017 01:16PM

Fucking Russians!

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: Where is Trump? ()
Date: January 09, 2017 01:33PM

So Trump is just going to let this happen?

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: goeep ()
Date: January 09, 2017 01:36PM

Russias fault again?!

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: yYYEn ()
Date: January 09, 2017 01:43PM

call Donald. He'll fix it.

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: not a big loss ()
Date: January 09, 2017 01:54PM

It is the 21st century. Service and retail jobs aren't careers. They are part time or seasonal employees.

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: HVG76 ()
Date: January 09, 2017 02:09PM

Typical story. A successful family business is sold to a group of financiers who can't maintain the success of the original entrepreneurs and who ultimately liquidate the company.

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: TEWcx ()
Date: January 09, 2017 02:17PM

the ship that brings their imports into usa runs on fuel $$

and that's where the money stops

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: math teacher ()
Date: January 09, 2017 02:54PM

If you had been paying attention, there was nothing "sudden" about it.

It's called creative destruction and it's a key part of capitalism. You have to let the weak shit die to make room for the new and improved.

Econ 101.

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: realism ()
Date: January 09, 2017 03:30PM

math teacher Wrote:
-------------------------------------------------------
> If you had been paying attention, there was
> nothing "sudden" about it.
>
> It's called creative destruction and it's a key
> part of capitalism. You have to let the weak shit
> die to make room for the new and improved.
>
> Econ 101.


Yup. Newer companies more in-line with today's society and lifestyles, including internet cafes, pawn shops, payday loan places, dollar stores, psychic rooms, second chance financing "rent to own" companies, Armed Forces recruitment centers, and lottery booths.

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: 9Cymh ()
Date: January 09, 2017 04:46PM

We can't afford to loose these valuable service industry jobs. Even if no one can buy anything, those businesses need to employ people to not sell anything.

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Re: The Limited suddenly shut down all of its stores and laid off thousands of workers
Posted by: Herbert Kornfeld ()
Date: January 10, 2017 08:15AM

9Cymh Wrote:
-------------------------------------------------------
> We can't afford to loose these valuable service
> industry jobs. Even if no one can buy anything,
> those businesses need to employ people to not sell
> anything.


Sorry to hear you lost your job. Perhaps you are a "looser".

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