So... what crashed in your neighborhood today?

I am just curious as to what is going on with my fellow ATS members? I wonder what is going on in your part of the world as far as the global economical crisis. What businesses failed in your town today? Are you seeing the effects of this crisis in your neighborhood? If so what are you witnessing? I am trying to get a broad picture of what is going down and where. I thought this might be interesting to everyone else as well.

Lets see....What has closed around Denver lately?

Hollywood Video, Circuit City, half of the Village Inns restaurants, Comp USA, a BUNCH of "ma and pa" restaurants. I'll post more as I remember them, it's been a lot.

Goodwill and McDonalds are doing well however.



[edit on 23-1-2009 by bismarcksea]

Sorry Meliss , no fear based propaganda from my end. It was actually pretty warm even at 25 degrees (last week it was 3 degrees). I'm a Plummer and I've got jobs lined up for the next 3 months , so money is ok. I'm going shooting in the AM and went to go get some 12 ammo and it's hard to find. (BECAUSE PEOPLE KEEP SAYING IT'S THE END OF THE WORLD!!!!) Please If you're the guy who is buying all the ammo and letting it collect dust in your safe room ... STOP IT!!!! you are keeping people like myself from killing paper targets. If we don't keep the paper target population under control , It could lead to Global warming , civil unrest , martial law and finally ... running with scissors. Pretty soon people will be ripping that tag off their mattresses and pillows. (yes THAT TAG) ...How's that for scary!?!.... so stop the fear , stop buying all of the bullets and shotguns up... and save the pillows.

In Ft. Smith AR. there have been several plant closings one, Whirlpool laid off about 650 workers. Then this week a garage door opener plant closed laying off another 200. A local bank went under several months back also when it did it took peterson farms down also.( a family owned chicken company of 20+ years) There were a few more I can't remember now.

reply to post by EyesWideShut



So Jersey is the place to be for good times Huh... Well maybe I will move to Jersey. I am not scared, I am however aware and prepared. Big difference between the two you know. thanks for the chuckle...

Well actually my local (state) economy is going great at the moment. A new natural gas platform has set up hundreds of jobs, which has somehow strengthened our financail market

Well lets see... Im from Dallas and there are a few business that are closing several stores in the area.


First off, as I am sure you know, Circuit City is going out of business so there are plenty of good sales at my local circuit cities.

Albertson's grocery store is closing three stores in my area. But they have been having financial troubles for years, ever since target and walmart created super target and super walmart, with the grocery stores in them.

I think its a shame because I always liked albertsons.

There is a shopping center down the street that is now almost completley empty. There is a hamburger joint and a jewelry store left and thats it.

The hamburger joint has been raising prices in order to try and keep making a profit but now no one can afford it so I suspect they will close down soon. I never see anyone at the jewelry store either.

Umm, thats about all I can think of right this second.

If I think of anymore I will come back and post.

oh, I know this doesnt really fit, but it does have to do with the economy, there are 4 houses on my street for sale. Each of them have been for sale for one or more years and almost no one has been to look at them the entire time they have been on the market.

reply to post by Melissa101


You're welcome... Jersey is ALWAYS the place to be (Political corruption , the Sopranos, highest cost of living in the country)I figured I'd inject some light heartedness into this situation we're in.



Stay Safe & Awake down there in TN

EWS

Originally posted by Melissa101


I am just curious as to what is going on with my fellow ATS members? I wonder what is going on in your part of the world as far as the global economical crisis. What businesses failed in your town today? Are you seeing the effects of this crisis in your neighborhood? If so what are you witnessing? I am trying to get a broad picture of what is going down and where. I thought this might be interesting to everyone else as well.

Dell had layoffs here.

Circuit City went under.

Comp USA gone.

Tax revenues down across the board, and we are one of the major
growing foreclosure cities now, per capita.

Lots of lay offs in the oil field for land research, etc, cheap oil doing that.

GM plant here totally closed and gone.

From what I am hearing the state here is unwilling to drop its bloat
so they are crying for a tax increase to most ppls dismay.

Oklahoma is one of the few states that experience negative population
growth because it is so bad here.

You know it is serious when the current governor mentions in it in a
speech that got him elected.

Verbatim his words, our largest export is our kids.

Ppl get a trade or a degree and get the hell out.

The way things are heading though, this may be a good place to be
if things get as bad as they did during the depression.

I am knocking Oklahoma pretty hard, but I will say this for it, it
has some really nice ppl, but some really corrupt government officials.



[edit on 24-1-2009 by Ex_MislTech]

A lot of the local eateries have been closing down at an unbelievable pace here. Larger stores like Wal-Mart have also closed down too. There is a very bad drought here in GA, so I can only guess how bad car wash businesses are doing right now.

The one type of business I've seen growing here is consumer electronic stores like Best Buy. They're always packed every time I visit them.

Hello from Seattle

Microsoft 5,000 laid off

Here in Kona, Hawaii our first Circuit City only got half-way built and now it's just sitting there like that. We lost a LOT of restaurants including the Hard Rock Cafe and my favorite sushi spot. Half the downtown is empty commercial spaces with for rent signs.

Last fall, Utah lost the LAZY-BOY recliner plant as they up and moved to Mexico.
DHL gave up the ghost by new year.........
NOVELL Laid off allot of people in the latter part of last year but I don't have a number, and the people that are left are nervous.

THE 5 DOLLAR PIZZA SHACK had 4 resteraunts and now only has one.....I have seen 2 different, RENT IT CENTER places go out of biz.
CIRCUIT CITY is no more....
A few coffee shops shut down.
My all time FAVORITE movie theater now sells Turkish rugs and other fancy imported carpets.
A FEW smaller used car lots are now empty and closed.

We had a BIG higher end department store called ZCMI that is no more...

MERVENS bit the dust and there are large empty buildings where they used to be.

I have heard there are some empty spaces for rent in the malls but I never go into malls so I cant say for sure.








[edit on 24-1-2009 by theRiverGoddess]

The Oil business here in Alberta Canada was taken quite beating. Layoffs daily and lots more on the way.

Originally posted by deepred
Hello from Seattle

Microsoft 5,000 laid off

To add to this, hello from the foothills outside Seattle (no liberal)

-Starbucks rumored to start dumping employees as soon as next week

-regional mass transit is jacking rates considerably starting Feb 1st

-Seattle's mayor is still a dunce who's constantly searching for new and creative ways to waste money on "may be needed sometime in the distant future" road projects while leaving "major work needs to be done ASAP or this road will cease to be safe" projects continuously get shuffled back on the priority list.

-we've recieved some pretty dire predictions about the amount of empty, probably won't be used anytime in the foreseeable future, prime office space all over Seattle thanks to Chase eliminating all corporate positions and non-branch offices connected with WaMu following their buyout.

So... what crashed in your neighborhood today?

Besides, property taxes going up, messing up my unemployment, being unemployed, single and miserable, one `Freestar` tire came crashing into our fence, breaking off five pieces.

Of course, I reported the incident to our local police, but so far have not heard from them.

Anyway, the owner of the g-d, damn tire came back and claimed that 'weapon of destruction'. Apparently, he is into construction and actually repaired our fence!

I smelled a scam. We didn't trust this character, even though he was a neighbor living a block away. This all occurred last week, by the way.

Suburbs of Philadelphia, PA here....for a while it seems the crisis skipped our "wealthy" part of the State, but not anymore. We have a huge trendy lifestyle center that opened in late 2006 and already several stores have closed (Starbucks and some others) or in the process of closing (Circuit City). Major employers in the area include pharmaceutical and chemical related companies, who are starting to cut back, merge, or close offices. All the chain restaurants still seem busy and there are long lines on Friday and Saturday nights, but stores like Target seem to be dead all the time now. A local Wal-Mart closed last May and there was plans to make it a Supercenter, but the building still sits and the Spring 2009 reopenign date is crossed out. I'm sure it will get much worse in the next few months.

[edit on 24-1-2009 by compwiz32190]

Over the past few weeks here in Central North Carolina. I have seen a few small restaurants close down. I have seen more folks losing there homes. My 10 year olds best friend just had to move due to the fact that her dad lost his job and they couldnt afford to pay the rent. Its bad when you have to tell your kids that maybe in 3 months we will be doing the same thing because we cant afford to keep paying the house payment. We have seen over 40 homes in 2 subdivisions go up for sale in the past 2 weeks. I have seen folks that I know lose there homes, because they cant pay there mortgages. But as for the small business owners. I have only seen 2 builders file for Bankruptcy. And One clothing store close down. Brenda whom owns a trailor park has mostly all empty trailors now. Folks cant pay the rent due to them losing there jobs. Or they are moving out of state to find work.

I live in a suburb of milwaukee, wi, a smaller wealthy-middleclass community and we have been seeing nothing but closings. nearly all of our individually owned business, restaurants and the like closing. among that colders is probably going to be going under, my favorite wake/skate/snoboard shop went under.

i think the most bizzare thing is that when you think about how all this is going, analysts saying sears corp, gap, and other major stores are all expected to close by the end of 2009, WHAT IS GOING TO BE LEFT?

and most recently i went to Blockbuster to go rent pinnapple express and they freaking closed down!! i was like REALLY?!?!?!? wtf.

a small convenient store closed. Dillards, JC Penney, linens and things are closing