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Friday, November 09, 2012

Business Closings Added To Layoff Mania Cost Thousands Upon Thousands of Jobs

By Susan Duclos

The new label added to Wake up America which will be updated daily, is Business Closings.

The first was Layoff Mania and all related posts and pages are at that link. Between Layoff Mania and Business Closures, tens of thousands of jobs are being shed monthly, adding more people in the unemployment line and more families fighting to survive in Obama's economy.

Unemployment For October was 7.9%. U6 was 14.2%. GDP Growth is at 2.0%.

Notification of Business Closings for November 9, 2012:

Pizza Inn in EC closes doors after 38 years

Waldoboro's only pharmacy closing

WALDOBORO, Maine (AP) — Waldoboro's only pharmacy is closing and residents say it's a major inconvenience.

The independent Waltz Pharmacy announced it will close later this month, meaning residents of the town of 5,000 will have to drive about 20 minutes to have prescriptions filled in Rockland or Damariscotta. That's not easy for low-income and elderly patients.
Waltz dispenses about 1,000 prescriptions per week.

Owner Dean Jacobs tells WCSH-TV ( ) there are a couple reasons he's closing. He says Medicaid and private insurance companies have been cutting the amount they pay for prescriptions, affecting the pharmacy's bottom line. He'd also like to focus full-time attention on the company's growing long-term care pharmacy business in Brunswick.

Zak's Place in Hinsdale Closing Its Doors Saturday Night

"All of us at Zak's Place have made great friends, had fun times and created many wonderful memories with you," reads a Thursday night Facebook post from YamandĂș Perez, one of the restaurant's two owners. "But, sadly we can no longer afford the costs of doing business, so we've decided to say farewell."

Ruby Tuesday, Lone Star close in Lincoln

The Lone Star closing came as more of a surprise.

The Texas-based restaurant chain was just a few months short of its 20th anniversary in Lincoln and had given no public indication that it might close.

A spokeswoman for Lone Star would confirm only that the restaurant had closed but did not say why. She said the company is helping employees try to find other jobs.

Lone Star is next door to a site on which CVS plans to build a another new pharmacy, but CVS spokesman Mike DeAngelis said the restaurant site is not included in the company's development plans.

Ruby Tuesday has another Lincoln location, at 2700 North Hill Road, which is a few blocks north of 27th and Superior streets. The Lincoln Lone Star location was the only one in Nebraska.

Career Education to cut 900 jobs, close 23 campuses 

All campuses and offices nationwide will be impacted, said Mark D. Spencer, senior director of corporate communications at Career Education.

“A key component to the company’s long-term strategy is to invest in a smaller number of institutions that have the strongest likelihood of delivering strong student outcomes, operational efficiency and strength in their market,” a company release stated.

The job cuts are expected to take place by January 2013, with an annual savings of between $45 and $55 million, the release said.

Meridian warehouse closing, Miss. wants $3.6M back 

 Handy Hardware, a Texas-based hardware store cooperative, plans to close its 2-year-old Meridian, Miss., warehouse on Dec. 31, laying off 109 workers.

Payne City's Shamrock Closing 

He closed the once-popular bar Wednesday after 17 years -- 12 of them on Payne City's Rose Avenue.

"Mostly, it's the economy," he said. "The last couple years have been slow. There are no big businesses moving in here. I've borrowed and I've borrowed, but I'm at the point where I can't do any more."

November 8, 2012 announcements:

Caterpillar Inc. will close its plant in Owatonna Minn.
Mount Pleasant’s Albrecht Sentry Foods
The Target store at Manassas Mall Va.
Millennium Academy in Wake Forest NC
Target Closing Kissimmee FL Location
The Andover Gift Shop in Andover MA
Grand Union Family Markets Closing Storrs Location CT
Movie Scene Milford Location NH
Update: TE Connectivity Closing Greensboro Plant - 620 Layoffs Expected
Gomer’s Fried Chicken in South Kansas City
Kmart in Homer Glen

November 7, 2012 Announcements:

Fresh Market on Pine Street in Burlington
AGC Glass North America to permanently close its Blue Ridge Plant in Kingsport Tenn.
The Target store at Platte and Academy in Colorado Springs
Island Colors - A Carolina Beach Clothing Store
The Roses store on Reynold Road in Winston-Salem NC
Meanders Kitchen losing its West Seattle location at 6032 California Ave
Bost Harley-Davidson at 46th Avenue North and Delaware Ave. in West Nashville TN
Townsend Booksellers in Oakland
The Kmart store in Parkway Plaza off University Drive in Durham NC - 79 Jobs Lost

More at Daily Job Cuts