THREAD: retail chaos forever 21 and

US TRADE Policies Cause GLOBAL Economic Jitters

04 April 2025 — Recent U.S. tariffs have left Canadian small businesses facing economic challenges, leading to job cuts and price hikes. The Canadian Federation of Independent Business reports nine percent of owners have issued layoff notices due to these tariffs. Businesses are raising prices by an average of 3.7 percent this month as they struggle with rising costs and decreased consumer spending.

In Alberta, business leaders feel cautiously optimistic after avoiding new U.S.-imposed tariffs that threatened the energy sector. Adam Legge from the Business Council of Alberta feels relieved but remains wary about future trade developments under current policies.

President Trump’s tariff strategy aims to equalize import taxes with those imposed by other nations, sparking debate over its economic impact on sectors like agriculture and manufacturing. Meanwhile, Japan’s Prime Minister Shigeru Ishiba expressed disappointment over Japan’s exclusion from tariff exemptions and plans support for affected industries domestically.

These developments highlight growing concerns about global economic instability driven by U.S. trade policies, particularly affecting small businesses worldwide as they navigate uncertain financial landscapes.

STOCK MARKET Chaos: US Faces Economic Fears as Tariffs Loom

01 April 2025 — U.S. stocks took a nosedive today as President Donald Trump’s “Liberation Day” approaches, bringing potential tariffs on Canadian steel and aluminum imports. Analysts warn these tariffs could trigger a market downturn and increase recession risks. Wolfe Research has already revised U.S. growth estimates for 2025 down to 1.6%.

Retail giant Kohl’s experienced its worst trading day since 1992, with stocks tumbling by 26% after issuing disappointing guidance for the year. Investor anxiety is also heightened by an upcoming House vote on a stopgap funding bill, adding to market volatility.

The Dow Jones Industrial Average has fallen 8.3% from its peak, raising concerns about the tech sector’s performance compared to the S&P 500. Investors are bracing for further shifts as policy decisions unfold in the coming days amid fears of reduced earnings across sectors due to new tariffs and declining consumer confidence.

WH SMITH’S High Street Exit: A Shocking Shift in Retail

28 March 2025 — Modella has bought WH Smith’s online operations for £76 million. The company will now run under the TGJones name, while WH Smith keeps its travel shops. This move shows the tough times high street retailers face in a digital world.

WH Smith might sell its digital card business, Funky Pigeon, as part of restructuring. Nicholas Found from Retail Economics says old-school retailers struggle with fewer shoppers and rising costs. This sale highlights the economic pressures on traditional high street businesses.

Modella plans to keep current products and services in WH Smith stores, like Post Office and Toys R Us sections. They also want to add new items like craft goods to boost business. For now, it’s “business as usual” as Modella works on future plans for growth.

The acquisition shows WH Smith’s shift towards travel retail, which is more profitable despite industry challenges. With 480 high street stores and 5,000 employees affected by this change, focusing on travel-related retail could increase revenue in a tough market landscape.

“Hudson’s Bay COLLAPSE: 9,000 Jobs in JEOPARDY”

17 March 2025 — Hudson’s Bay Company, Canada’s oldest business, plans to liquidate by June. Unable to secure financing, the company will shut down all operations. This decision puts over 9,000 jobs across Canada at risk.

The company’s financial troubles were clear in a March court filing. Hudson’s Bay delayed payments to landlords and vendors due to ongoing money problems. They initially hoped to stay open despite these issues.

Richard Baker bought Hudson’s Bay in 2008 for $1.1 billion, but it has steadily declined since then. The liquidation involves selling inventory and real estate while gradually laying off employees until mid-June.

TRUMP’S Trade WAR: Global Markets in Chaos

05 March 2025 — President Donald TRUMP’s recent tariffs have sparked swift retaliation from Mexico, Canada, and China. These actions have thrown financial markets into chaos, raising fears of inflation and uncertainty for businesses.

Imports from Canada and Mexico now face a 25% tariff, with Canadian energy products specifically taxed at 10%. This move has heightened global trade tensions significantly.

China responded quickly to the U.S. tariffs, escalating an already heated international dispute. A Chinese spokesperson warned that these measures could harm the U.S. economy by disrupting beneficial trade relations.

Analysts worry about potential backlash against U.S. exports as these trade disputes unfold. The situation is seen as a risky maneuver that might reshape global trade dynamics and impact both consumers and businesses in the long run.

NEW DUTY Shock: Retail Prices to Skyrocket, Consumers Worried

04 March 2025 — Retailers are raising concerns about a looming price surge. A new 25% duty on exports from Mexico and Canada is set to increase costs. This change could lead to higher prices for shoppers almost immediately.

The duty affects a wide range of goods, impacting everyday items. Retailers warn this could disrupt supply chains and limit product availability. Shoppers should brace for potential price hikes at local stores.

Efforts to ease these effects are underway, but challenges remain tough. Businesses might need new strategies to handle rising costs. The economic impact of this policy change deserves close attention from policymakers and the public alike.

JOANN INC Shutters After Bankruptcy: A Heartbreaking End

25 February 2025 — Joann Inc, a beloved fabric and crafts retailer, is closing all its stores after 80 years. Based in Hudson, Ohio, the company faced financial trouble leading to a second bankruptcy filing in January. Despite earlier promises to keep locations open, Joann is now holding “going-out-of-business” sales nationwide.

The pandemic initially boosted Joann’s business as DIY projects became popular. However, their restructuring plans failed to stabilize finances. As a result, Joann filed for Chapter 11 bankruptcy protection for the second time within a year.

Joann’s leadership expressed disappointment over this outcome despite efforts to find better solutions. They worked with advisors and legal partners but couldn’t stop the closures. The company now awaits court approval to start liquidation sales at all store locations immediately.

TRAGIC MALL Roof Collapse in Peru: SIX Lives Lost Amid Chaos

23 February 2025 — The roof of the Real Plaza Trujillo shopping mall in Peru collapsed on Friday night, killing six and injuring 78. Many shoppers were present when the heavy iron roof gave way due to rain and humidity. Local fire chief Luis Roncal confirmed ongoing search operations, but no additional survivors have been found.

Mayor Mario Reyna ordered the mall’s immediate closure for safety reasons and announced inspections for other malls in Trujillo. Rescue crews worked throughout Saturday to find any remaining victims under the rubble. CCTV footage captured the collapse, showing chaos as the roof fell.

CHOLERA OUTBREAK DEVASTATES Sudan: 83 Lives LOST

A cholera outbreak has hit White Nile State in Sudan, taking at least 83 lives over three days and affecting over 1,300 people with severe symptoms. Contaminated drinking water worsened the crisis after a paramilitary attack shut down a local water treatment plant. The Ministry of Health is running a vaccination campaign targeting residents aged one and older in Kosti and Rabak cities to stop further spread.

INSOLVENCIES SURGE: Businesses Face Economic Pressures in England and Wales

18 February 2025 — Insolvencies in England and Wales have jumped from December 2024 to January 2025. Law firm Fladgate LLP reports a significant rise in administrations. The economic climate is tough for businesses, especially in retail, which already struggles with slim profit margins. The upcoming Spring Budget might introduce tax hikes that could further pressure businesses and consumer spending.

ANGLO AMERICAN’s $500 Million NICKEL Sale Marks Strategic SHIFT

Anglo American has sold its nickel business for $500 million as part of a strategic shift to focus on copper and iron. This sale follows the disposal of its steelmaking coal business, bringing total asset sales to about $5.3 billion. CEO Duncan Wanblad highlighted that these moves are meant to streamline the company’s portfolio and boost value.

COLORADO BILL DEMANDS Climate Transparency from Businesses

Colorado will require businesses to disclose their greenhouse gas emissions starting in 2028, aligning with similar efforts by other states. This legislation responds to past criticisms about inconsistent sustainability reporting practices across industries. The goal is more transparency and accountability regarding environmental impacts from companies within the state.

The IRS plans major layoffs during tax season due to budget cuts initiated by the Trump administration, which may affect its

CALIFORNIA STORM Chaos: Dramatic Rescues and Evacuations Unfold

14 February 2025 — A fierce storm hit southern California, causing chaos and damage. In Malibu, debris flows pushed a car off the highway into the ocean. The driver, a Los Angeles Fire Department member, escaped with minor injuries.

Though heavy rains eased by Thursday night, rock and mudslide risks lingered on wildfire-scarred hillsides. Fires had stripped vegetation, leaving soil vulnerable to slides even after rain stopped. In Pacific Palisades, roads were covered in sludge as bulldozers cleared storm debris.

In north Altadena, mud and plants blocked roads near the Eaton Fire burn scar despite precautions. The area stayed mostly empty as residents followed warnings about potential dangers.

Sierra Madre issued evacuation orders for areas affected by the Eaton Fire due to active mud and debris flows. Officials warned that emergency services would not enter until conditions improved for safe access.

SURFWEAR SHOCK: Billabong and Quiksilver’s US Parent Company Hits Bankruptcy

07 February 2025 — The U.S. parent company of popular surfwear brands Billabong and Quiksilver has filed for bankruptcy, leading to the closure of over 100 retail locations. Despite this setback, the Australian operations of these iconic brands remain unaffected. This marks a big shift in the surfwear industry, impacting both employees and shoppers.

Canadian businesses face new challenges as a key cross-border exemption is set to end due to U.S.-imposed tariffs on Canadian goods. The removal will likely raise operational costs for many companies relying on easier product movement between countries. Businesses brace for an economic impact similar to previous tariff threats under former President Trump’s administration.

Stifel Nicolaus has reaffirmed its “Buy” rating for IBM, setting a price target of $290 based on strong AI advancements and cash flow growth projections. IBM continues to lead in AI innovation through consulting services and software development, positioning itself among top trending stocks in this sector. Investors remain hopeful about IBM’s future amid growing interest in artificial intelligence technologies.

Bristol-Myers Squibb saw more than a 2% drop in premarket trading after announcing 2025 guidance that fell short of analyst expectations. The pharmaceutical giant’s disappointing forecast has raised concerns among investors about its future performance.;

CALIFORNIA FIRES Ravage: Chaos and Heroism Unfold

15 January 2025 — Four major wildfires are threatening Los Angeles and Ventura counties. California Governor Gavin Newsom declared a state of emergency last week, affecting tens of thousands. Many residents have been evacuated, with some losing their homes entirely.

Authorities have arrested nine suspects for looting amid the chaos. The National Weather Service warns of “particularly dangerous” fire weather due to strong winds and dry air. Firefighters, aided by water-dropping aircraft, are working tirelessly to contain the blazes near key areas like the River Ridge Golf Course.

Governor Newsom’s administration is coordinating with local agencies to support recovery efforts and provide housing for displaced individuals. Officials stress safety and vigilance among residents during this critical time, activating various resources to assist affected communities in response to this emergency situation.

President-elect Donald Trump plans to visit Los Angeles next week to assess wildfire damage firsthand. His visit follows critical remarks about local and state response efforts regarding these devastating fires, highlighting ongoing concerns over disaster management strategies in California.

CALIFORNIA FIRES Wreak Havoc: Small Businesses in Ruins

14 January 2025 — The recent wildfires in Los Angeles, especially the Palisades and Eaton fires, have devastated small businesses. Iconic spots like a decades-old diner and a new yoga studio are now just ashes. This destruction hits both the local economy and community spirit hard.

Many small-business owners across Los Angeles face an uncertain future. Entrepreneurs who recently started working with other local businesses worry about their partnerships’ fate. The losses go beyond money, as these businesses often serve as community hubs.

The economic impact could spread through the local economy, affecting jobs and community unity. Business owners also face emotional stress as they deal with losing their life’s work. This situation highlights California’s ongoing environmental challenges and its effect on business stability.

STOCK MARKET Chaos: Inflation Fears Shake Investor Confidence

13 January 2025 — The U.S. STOCK market took a big hit today, with major indexes dropping over 3% due to rising inflation fears. Investors worry about possible Federal Reserve policy changes after high inflation numbers came out earlier this week. This is one of the steepest drops in months, shaking confidence that had been boosted by strong job reports.

Bond yields are up, with the 10-year Treasury bond yield hitting about 4.1%, its highest since late 2023, signaling increased inflation expectations. Big tech stocks like Apple and Microsoft saw sell-offs over 5%, adding to the market slump. Analysts warn that ongoing inflation might push the Federal Reserve to rethink interest rate policies, possibly leading to more hikes instead of cuts.

The decline comes after a strong holiday shopping season that initially suggested steady economic growth but is now overshadowed by ongoing inflation problems. Retail and consumer sectors face rising costs and reduced spending, making investors cautious in these areas. Companies like Walmart and Target report higher holiday sales but shrinking profit margins due to inflation pressures, prompting them to rethink annual forecasts.

Banks like JPMorgan are bracing for possible loan defaults as consumers struggle with higher living costs by setting aside more reserves. Market analysts expect continued volatility as investors digest new inflation data and Fed policy implications.;

COLD-BLOODED Killer Still Roams Free: 16 Years of Heartbreak in Tinley Park

20 October 2024 — On February 2, 2008, a man pretending to be a delivery driver entered a Lane Bryant store in Tinley Park, Illinois. Armed with a .40-caliber semiautomatic handgun, he forced six women into a back room. After tying their hands with duct tape and assaulting one woman, he shot all six victims.

Amazingly, one woman survived and gave police a description of the suspect. Despite thousands of leads over the past 16 years, authorities have yet to catch him. The suspect is described as a Black man between 25 and 35 years old at the time of the crime, standing just over six feet tall with corn-rowed hair and green beads on one braid.

Grainy surveillance footage showed two dark vehicles near the scene during the murders. However, it is unclear if either vehicle was used by the attacker. The tragic event claimed five lives: Jennifer Bishop, Carrie Chiuso, Rhoda McFarland, Sarah Szafranski, and Connie Woolfolk.

The Tinley Park Police continue to seek justice for these victims while urging anyone with information to come forward. This cold-blooded case remains unsolved despite extensive efforts by law enforcement agencies for more than a decade.

CHAOS at O’Hare: Protesters Block Airport, Spark Outrage Among Travelers

15 April 2024 — Anti-Israel demonstrators created chaos outside Chicago’s O’Hare International Airport by blocking Interstate 190. With arms linked and “long tubes” in hand, they made it impossible for vehicles to pass. This led to travelers, dragging their luggage behind them, being forced to walk to the airport.

Nearby, another group took over a roadway with a sign that slammed U.S. financial support as funding genocide. Their chants and drumbeats echoed loudly, voicing their opposition against Israel loudly and clearly. This act of protest brought significant disruption to those trying to make their flights at one of America’s busiest airports.

Undeterred travelers embarked on foot with their bags, navigating past protesters wearing keffiyeh scarves and waving “Free Palestine” banners. While the protesters’ message was loud and clear, it came at the cost of disrupting the day-to-day lives of countless individuals.

This event has sparked debate over whether such disruptive methods are effective or appropriate for conveying political messages. Despite aiming to highlight their cause, these demonstrators have faced backlash for causing substantial inconvenience to the public and potentially endangering safety by blocking routes meant for emergencies.

BODY SHOP Faces Uncertain Future: Insolvency Administrators Step In Amid Financial Crisis

14 February 2024 — The Body Shop, a renowned British beauty and cosmetics retailer, has enlisted the help of insolvency administrators. This move follows years of financial struggles that have plagued the company. Established in 1976 as a single store, The Body Shop has grown into one of Britain’s most iconic high street retailers. Now, its future hangs in the balance.

FRP, the appointed administrators for The Body Shop, have revealed that past owners’ financial mismanagement has contributed to an extended period of hardship for the company. These issues are exacerbated by a challenging trading environment within the broader retail sector.

Just weeks before this announcement, European private equity firm Aurelius took over The Body Shop. Known for their expertise in revitalizing struggling companies, Aurelius now faces a significant challenge with this latest acquisition.

Anita Roddick and her husband established The Body Shop in 1976 with ethical consumerism at its core. Roddick earned herself the title “Queen of Green” by prioritizing corporate social responsibility and environmentalism long before they became fashionable business practices. Today however, her legacy is threatened by ongoing financial difficulties.

CHRISTMAS DAY Shutdown: What Every American Shopper Must Know

26 December 2023 — As the festive season of Christmas rolls in, operating hours of many retail and grocery chains across the U.S. are undergoing changes. Some businesses will be wrapping up early on Christmas Eve and remain closed for Christmas Day, while others will operate under reduced hours.

Big-name chains like Walmart and Target have confirmed they will remain closed on Christmas Day, reopening bright and early at 6 a.m. and 7 a.m., respectively, on December 26th. Costco warehouses nationwide are also observing a holiday shutdown.

With the holiday rush in full swing, whether you’re scrambling for last-minute gifts or stocking up on essentials, it’s recommended to verify specific store hours online or over the phone before heading out. Remember that operating schedules may differ from location to location.