Loads of big retailers are slated for Chapter 7/11 soon, or on the verge.mad bum wrote: ↑Mon Sep 04, 2017 11:32 pmAnyone who says retail isn't that bad hasn't worked it, plain and simple.
When you have to smile and nod because "I need to speak to your manager" haircut is bitching about their broken computer to you, and on the same day get told you won't be getting enough hours next week to pay rent.
Maybe retail is different overseas, but in burgerland it's about one of the worst jobs you can get other than support with shit pay and expected to bust your ass every second you are there, while at an IT job you're expected to relax but stay busy.
JC Penny
Sears
Guitar Center
American Apparel
The list goes on.
These aren't small companies either. These are huge, brand consolidating behemoths that will lose a FUCK TON of stock for their providers if they go under.
Word has it many companies are propping up these retail chains to avoid them liquidating all their product for dirt cheap.
It's a bubble that WILL burst, but I don't think it'll be this year.