Are you feeling it?

[lindismith]

sdr gave a low-down in the Short Sale Monitor thread on how he’s feeling the recession come on.

I’ll add to that recession fever: I’m in manufacturing, (industrial sewing) and laid off 4 people 2 weeks ago, and then 4 more last Friday. I have not laid off so many workers ever. Keep in mind I did a lot of marketing last year, and even increased my biz, but like you say sdr, the climate is strange… phones are ringing, but no one’s ordering. I wonder how my competitors are doing? I know one shut his doors last year.

I lost my admin assistant to a mall job in December – she thought she could make more money selling jewelry. I have no intention of replacing her at this point, and I wonder if she’s still in her new job.

How’s everyone else doing? Are you feeling it yet?

[HereWeGo]

I dropped by Fashion Valley Mall to see if the Presidents’ Day sales were worthwhile. The store turnover is remarkable, I’ve not seen the like since I moved to San Diego in 2000. There seemed to be more staff than customers in many locations.

[HereWeGo]

I dropped by Fashion Valley Mall to see if the Presidents’ Day sales were worthwhile. The store turnover is remarkable, I’ve not seen the like since I moved to San Diego in 2000. There seemed to be more staff than customers in many locations.

[HereWeGo]

I dropped by Fashion Valley Mall to see if the Presidents’ Day sales were worthwhile. The store turnover is remarkable, I’ve not seen the like since I moved to San Diego in 2000. There seemed to be more staff than customers in many locations.

[HereWeGo]

I dropped by Fashion Valley Mall to see if the Presidents’ Day sales were worthwhile. The store turnover is remarkable, I’ve not seen the like since I moved to San Diego in 2000. There seemed to be more staff than customers in many locations.

[HereWeGo]

I dropped by Fashion Valley Mall to see if the Presidents’ Day sales were worthwhile. The store turnover is remarkable, I’ve not seen the like since I moved to San Diego in 2000. There seemed to be more staff than customers in many locations.

[SD Transplant]

Great question LD. Here is a quick input in my industry, IT Outsourcing & more.

1) IBM had a message last week that will cut 15% off employees wages. I don’t remember the specifics, but I know a few thousands IBM employees signed up a petition against this wage cut….. I doubt there is anything they could/can do.

2) My own organization,global IT outsourcer,(I won’t name names) is doing poorly in San Diego.In fact is moving out of San Diego and a push out of California slowly (I won’t give many details). Bottom line, our subcontractors will have all their wages cut by about the same %. Needless to say that my organization experienced a hiring freeze for many months already.
I shouldn’t even mention that I’m in charge of outsourcing/offshoring labor globally for some division, and they’re working to outsource the outsourcer.

3) Retail is doing poorly. Under my consulting business, I’ve set up a Supply Chain for a retail store in PB a few years ago.The news I get today are grimm. Lease on the store is in the thousands, and daily sales are bearly breacking a couple-few hundreds. I know the store manager is gone – already. The owner took that role now.

4) Another big retailer,Wilson, will close 1,000 stores across N. America. That’s scary. I know another group of national retail stores are cutting full-time employees by 8 hrs/week.

5) Moreover, I’m looking for new work, and I’ve had 2 interviews. I tell you, the budgets for some of those positions are not that exiting. I’ve applied for many positions w/out getting much feedback, which reminds me of the DOT COM crash era. Back in 2001,it took me about 3.5 months to find my current job after applying for over 380 positions. I haven’t applied for that many jobs right now, but all the prospects I’ve had are through friends/ex coworkers – which tells you something about the market.

I’ve got 10 years industry experience & an MBA. I’ve left manufacturing in 2000 and moved to the service industry. I’ve got a pretty broad SCM experience (semiconductor industry, IT, high-tech manufacturing) – and no particular feedback from employers(unless one has an insider contact).

Now on the positive side – the majority of jobs I find require military experience. I do not have any govt/military background or a security clearence.

[paramount]

SD: Sounds like you might work for CSC…

[paramount]

SD: Sounds like you might work for CSC…

[paramount]

SD: Sounds like you might work for CSC…

[paramount]

SD: Sounds like you might work for CSC…

[paramount]

SD: Sounds like you might work for CSC…

[Diego Mamani]

SD-T: I hope your CV is written better than this post. There's supposed to be a space after periods and commas, and exiting and exciting are two different words, to name only two examples. Good luck in your search.

 

 

[Diego Mamani]

SD-T: I hope your CV is written better than this post. There's supposed to be a space after periods and commas, and exiting and exciting are two different words, to name only two examples. Good luck in your search.

 

 

[Diego Mamani]

SD-T: I hope your CV is written better than this post. There's supposed to be a space after periods and commas, and exiting and exciting are two different words, to name only two examples. Good luck in your search.

 

 

[Diego Mamani]

SD-T: I hope your CV is written better than this post. There's supposed to be a space after periods and commas, and exiting and exciting are two different words, to name only two examples. Good luck in your search.

 

 

[Diego Mamani]

SD-T: I hope your CV is written better than this post. There's supposed to be a space after periods and commas, and exiting and exciting are two different words, to name only two examples. Good luck in your search.

 

 

[SD Transplant]

Great question LD. Here is a quick input in my industry, IT Outsourcing & more.

1) IBM had a message last week that will cut 15% off employees wages. I don’t remember the specifics, but I know a few thousands IBM employees signed up a petition against this wage cut….. I doubt there is anything they could/can do.

2) My own organization,global IT outsourcer,(I won’t name names) is doing poorly in San Diego.In fact is moving out of San Diego and a push out of California slowly (I won’t give many details). Bottom line, our subcontractors will have all their wages cut by about the same %. Needless to say that my organization experienced a hiring freeze for many months already.
I shouldn’t even mention that I’m in charge of outsourcing/offshoring labor globally for some division, and they’re working to outsource the outsourcer.

3) Retail is doing poorly. Under my consulting business, I’ve set up a Supply Chain for a retail store in PB a few years ago.The news I get today are grimm. Lease on the store is in the thousands, and daily sales are bearly breacking a couple-few hundreds. I know the store manager is gone – already. The owner took that role now.

4) Another big retailer,Wilson, will close 1,000 stores across N. America. That’s scary. I know another group of national retail stores are cutting full-time employees by 8 hrs/week.

5) Moreover, I’m looking for new work, and I’ve had 2 interviews. I tell you, the budgets for some of those positions are not that exiting. I’ve applied for many positions w/out getting much feedback, which reminds me of the DOT COM crash era. Back in 2001,it took me about 3.5 months to find my current job after applying for over 380 positions. I haven’t applied for that many jobs right now, but all the prospects I’ve had are through friends/ex coworkers – which tells you something about the market.

I’ve got 10 years industry experience & an MBA. I’ve left manufacturing in 2000 and moved to the service industry. I’ve got a pretty broad SCM experience (semiconductor industry, IT, high-tech manufacturing) – and no particular feedback from employers(unless one has an insider contact).

Now on the positive side – the majority of jobs I find require military experience. I do not have any govt/military background or a security clearence.

[SD Transplant]

Great question LD. Here is a quick input in my industry, IT Outsourcing & more.

1) IBM had a message last week that will cut 15% off employees wages. I don’t remember the specifics, but I know a few thousands IBM employees signed up a petition against this wage cut….. I doubt there is anything they could/can do.

2) My own organization,global IT outsourcer,(I won’t name names) is doing poorly in San Diego.In fact is moving out of San Diego and a push out of California slowly (I won’t give many details). Bottom line, our subcontractors will have all their wages cut by about the same %. Needless to say that my organization experienced a hiring freeze for many months already.
I shouldn’t even mention that I’m in charge of outsourcing/offshoring labor globally for some division, and they’re working to outsource the outsourcer.

3) Retail is doing poorly. Under my consulting business, I’ve set up a Supply Chain for a retail store in PB a few years ago.The news I get today are grimm. Lease on the store is in the thousands, and daily sales are bearly breacking a couple-few hundreds. I know the store manager is gone – already. The owner took that role now.

4) Another big retailer,Wilson, will close 1,000 stores across N. America. That’s scary. I know another group of national retail stores are cutting full-time employees by 8 hrs/week.

5) Moreover, I’m looking for new work, and I’ve had 2 interviews. I tell you, the budgets for some of those positions are not that exiting. I’ve applied for many positions w/out getting much feedback, which reminds me of the DOT COM crash era. Back in 2001,it took me about 3.5 months to find my current job after applying for over 380 positions. I haven’t applied for that many jobs right now, but all the prospects I’ve had are through friends/ex coworkers – which tells you something about the market.

I’ve got 10 years industry experience & an MBA. I’ve left manufacturing in 2000 and moved to the service industry. I’ve got a pretty broad SCM experience (semiconductor industry, IT, high-tech manufacturing) – and no particular feedback from employers(unless one has an insider contact).

Now on the positive side – the majority of jobs I find require military experience. I do not have any govt/military background or a security clearence.

[SD Transplant]

Great question LD. Here is a quick input in my industry, IT Outsourcing & more.

1) IBM had a message last week that will cut 15% off employees wages. I don’t remember the specifics, but I know a few thousands IBM employees signed up a petition against this wage cut….. I doubt there is anything they could/can do.

2) My own organization,global IT outsourcer,(I won’t name names) is doing poorly in San Diego.In fact is moving out of San Diego and a push out of California slowly (I won’t give many details). Bottom line, our subcontractors will have all their wages cut by about the same %. Needless to say that my organization experienced a hiring freeze for many months already.
I shouldn’t even mention that I’m in charge of outsourcing/offshoring labor globally for some division, and they’re working to outsource the outsourcer.

3) Retail is doing poorly. Under my consulting business, I’ve set up a Supply Chain for a retail store in PB a few years ago.The news I get today are grimm. Lease on the store is in the thousands, and daily sales are bearly breacking a couple-few hundreds. I know the store manager is gone – already. The owner took that role now.

4) Another big retailer,Wilson, will close 1,000 stores across N. America. That’s scary. I know another group of national retail stores are cutting full-time employees by 8 hrs/week.

5) Moreover, I’m looking for new work, and I’ve had 2 interviews. I tell you, the budgets for some of those positions are not that exiting. I’ve applied for many positions w/out getting much feedback, which reminds me of the DOT COM crash era. Back in 2001,it took me about 3.5 months to find my current job after applying for over 380 positions. I haven’t applied for that many jobs right now, but all the prospects I’ve had are through friends/ex coworkers – which tells you something about the market.

I’ve got 10 years industry experience & an MBA. I’ve left manufacturing in 2000 and moved to the service industry. I’ve got a pretty broad SCM experience (semiconductor industry, IT, high-tech manufacturing) – and no particular feedback from employers(unless one has an insider contact).

Now on the positive side – the majority of jobs I find require military experience. I do not have any govt/military background or a security clearence.

[SD Transplant]

Great question LD. Here is a quick input in my industry, IT Outsourcing & more.

1) IBM had a message last week that will cut 15% off employees wages. I don’t remember the specifics, but I know a few thousands IBM employees signed up a petition against this wage cut….. I doubt there is anything they could/can do.

2) My own organization,global IT outsourcer,(I won’t name names) is doing poorly in San Diego.In fact is moving out of San Diego and a push out of California slowly (I won’t give many details). Bottom line, our subcontractors will have all their wages cut by about the same %. Needless to say that my organization experienced a hiring freeze for many months already.
I shouldn’t even mention that I’m in charge of outsourcing/offshoring labor globally for some division, and they’re working to outsource the outsourcer.

3) Retail is doing poorly. Under my consulting business, I’ve set up a Supply Chain for a retail store in PB a few years ago.The news I get today are grimm. Lease on the store is in the thousands, and daily sales are bearly breacking a couple-few hundreds. I know the store manager is gone – already. The owner took that role now.

4) Another big retailer,Wilson, will close 1,000 stores across N. America. That’s scary. I know another group of national retail stores are cutting full-time employees by 8 hrs/week.

5) Moreover, I’m looking for new work, and I’ve had 2 interviews. I tell you, the budgets for some of those positions are not that exiting. I’ve applied for many positions w/out getting much feedback, which reminds me of the DOT COM crash era. Back in 2001,it took me about 3.5 months to find my current job after applying for over 380 positions. I haven’t applied for that many jobs right now, but all the prospects I’ve had are through friends/ex coworkers – which tells you something about the market.

I’ve got 10 years industry experience & an MBA. I’ve left manufacturing in 2000 and moved to the service industry. I’ve got a pretty broad SCM experience (semiconductor industry, IT, high-tech manufacturing) – and no particular feedback from employers(unless one has an insider contact).

Now on the positive side – the majority of jobs I find require military experience. I do not have any govt/military background or a security clearence.

[cashflow]

lindismith
I agree that the slowdown is starting to show. Out shopping last weekend and a store manager told us that their corporate office had significantly slowed any new shipments to their store as sales had been so bad for the past few months. So many industries will be hurt through this and we all will be affected somehow.

On a side note, what kind of sewing does your business do? Curious as I’m looking for bag manufacturers in the area….

[bobby]

the economy is just humming along in the peninsula (norcal) – that’s the good news. The bad news is price is still rising in some parts and holding in most other.
what’s a renter to do?

[Deal Hunter]

We’re in Vegas and it’s definetly apparent in the real estate market here. However, rent rates are going up and discretionary consumption is up as well. Foreclosure inventories are still rising because there were soooo many bad loans made here, but investors that stuck around are able to rent properties out pretty easily.

You may find this interesting: You can buy a SFR (3b/2b) within 5 miles of the tourist corridor (The Strip) for just about $300K and rent it out for $1100-$1300 per month. You can buy the same size SFR 8 miles from The Strip for $170k – $220K, and it too will rent for between $1100-$1300 per month. Freaky, huh?

[nostradamus]

I haven’t noticed a slowdown in my industry (semiconductor telecomm) but there are always rumors and gossip about pending layoffs or hiring freezes.

[cashman]

Business as usual here in eastern LA county. Went shopping today for some President’s Day sales, and the parking lots and stores were mobbed as always. I live right on the edge of LA/OC/SB county lines and whenever I go into OC, it never ceases to amaze me how crowded the restaurants are. Doesn’t anyone in OC ever eat at home? Bottom line, no recession clouds forming here. And by the way, prices of homes around here have barely budged off their highs. I’m now in year three of renting, waiting patiently for the much publicized correction.

[kewp]

I think if you go shopping on the weekends it will seem just as packed as always. Might be a perception thing.

I prefer to do my shopping during the week when I telecommute (nice to get out of the house). Last Wed. Costco was practically empty, never in my life seen it that quiet. Maybe 1 out 3 registers was open with 1-2 folks in line. Most people were only buying essentials.

[Nor-LA-SD-guy]

Nor-La-SD-Guy

As bad as the downturn in Temecula is said to be (and it is bad..), I went by Costco in Temecula Saturday(completely packed), went out to eat Saturday as well (an Italian Place in the Mall area forget the name starts with a G) , Completely packed as well had to wait about 20 Minutes.

Seems People have money to spend in Temecula.

[kewp]

A bunch of little Nero’s fiddling as Rome burns, perhaps?

Or maybe we are all wrong and it really is a new paradigm!

[kewp]

A bunch of little Nero’s fiddling as Rome burns, perhaps?

Or maybe we are all wrong and it really is a new paradigm!

[kewp]

A bunch of little Nero’s fiddling as Rome burns, perhaps?

Or maybe we are all wrong and it really is a new paradigm!

[kewp]

A bunch of little Nero’s fiddling as Rome burns, perhaps?

Or maybe we are all wrong and it really is a new paradigm!

[kewp]

A bunch of little Nero’s fiddling as Rome burns, perhaps?

Or maybe we are all wrong and it really is a new paradigm!

[SD Transplant]

Diego Mamani,

Good catches – thanks for pointing that out. I was in a rush, and I do not post messages that long w/out doing a pre-check in MS Word (there is a 1st time for everything). Aside from the grammatical errors and paragraph format, I hope the message still gets across.

Vis-à-vis the job hunt, I have not tried hard enough because I am not in a desperate position. That could change of course.

The substance of the message is that during low unemployment & a stable market, I was able to get job offers pretty regularly. However, when unemployment is higher or businesses are on hiring freezes things could flip the other way. Hence, one’s personal/professional network comes in handy. There are also other reasons, which I won’t/can’t mension on this board, which could make a difference in my job search…..

[lindismith]

Here’s what sdr posted in the other thread; I thought it was worth pulling out as that other thread is soooo long at this point:

“I am in sales with a commodity type product that is directly tied to business activity in industrial, govt, energy and service sector so I have some anecdotal evidence regarding current business conditions. As of right now through mid Feb, sales are very soft with a handful of people hitting their number across the country verses this time last year when 70% of the sales force were at or above goal. My distributors tell me it is the small mom and pop type businesses especially in and around the LA basin that are basically disappearing. Capital Good manufacturers are getting hit with delayed orders and many have laid off employees or getting ready too. The service sector that we cater to are very cost sensitive right now and are cutting back or trading down. Energy is the exception, sales into that space are actually up over last year. I have been through a few recessions and this seems different, previous downturns I have experienced seemed like business hit a brick wall and was much more pronounced. This is more like a steady deterioration that seems ever so slightly gaining momentum.”

[lindismith]

cashflow,
if you need a bag sewn, check us out: http://www.garymanufacturing.com

We’re one of a few manufacturers left specializing in commercial/industrial sewing in the San Diego region.

The internet and China radically changed out business in the last few years. It’s been both good and bad. We do produce some goods offshore, but we like to keep 99% of it here obviously. Some of our people have worked for us for over 20 years, so you can imagine the pressure I feel when I lay off someone who’s depending on me.

[nostradamus]

lindismith I see that you manufacture body bags and incontinence wear. I would think that soon you’ll be in demand when the sh*t hits the fan and the baby boomers retire! Good luck to you.

[nostradamus]

lindismith I see that you manufacture body bags and incontinence wear. I would think that soon you’ll be in demand when the sh*t hits the fan and the baby boomers retire! Good luck to you.

[nostradamus]

lindismith I see that you manufacture body bags and incontinence wear. I would think that soon you’ll be in demand when the sh*t hits the fan and the baby boomers retire! Good luck to you.

[nostradamus]

lindismith I see that you manufacture body bags and incontinence wear. I would think that soon you’ll be in demand when the sh*t hits the fan and the baby boomers retire! Good luck to you.

[nostradamus]

lindismith I see that you manufacture body bags and incontinence wear. I would think that soon you’ll be in demand when the sh*t hits the fan and the baby boomers retire! Good luck to you.

[lindismith]

cashflow,
if you need a bag sewn, check us out: http://www.garymanufacturing.com

We’re one of a few manufacturers left specializing in commercial/industrial sewing in the San Diego region.

The internet and China radically changed out business in the last few years. It’s been both good and bad. We do produce some goods offshore, but we like to keep 99% of it here obviously. Some of our people have worked for us for over 20 years, so you can imagine the pressure I feel when I lay off someone who’s depending on me.

[lindismith]

cashflow,
if you need a bag sewn, check us out: http://www.garymanufacturing.com

We’re one of a few manufacturers left specializing in commercial/industrial sewing in the San Diego region.

The internet and China radically changed out business in the last few years. It’s been both good and bad. We do produce some goods offshore, but we like to keep 99% of it here obviously. Some of our people have worked for us for over 20 years, so you can imagine the pressure I feel when I lay off someone who’s depending on me.

[lindismith]

cashflow,
if you need a bag sewn, check us out: http://www.garymanufacturing.com

We’re one of a few manufacturers left specializing in commercial/industrial sewing in the San Diego region.

The internet and China radically changed out business in the last few years. It’s been both good and bad. We do produce some goods offshore, but we like to keep 99% of it here obviously. Some of our people have worked for us for over 20 years, so you can imagine the pressure I feel when I lay off someone who’s depending on me.

[lindismith]

cashflow,
if you need a bag sewn, check us out: http://www.garymanufacturing.com

We’re one of a few manufacturers left specializing in commercial/industrial sewing in the San Diego region.

The internet and China radically changed out business in the last few years. It’s been both good and bad. We do produce some goods offshore, but we like to keep 99% of it here obviously. Some of our people have worked for us for over 20 years, so you can imagine the pressure I feel when I lay off someone who’s depending on me.

[JWM in SD]

JWM in SD

Uh, that was not sdr. It was LA Renter who posted that. Please do not attribute posts incorrectly…especially to pompous windbags like sdr.

[lindismith]

aah yes, I see that now. Looks like his cut and paste threw me.

I should have recognized the humble tone did not match sdr! LOL!

[Ex-SD]

JWM: I was scratching my head too. sdr posts are usually cheerleading propaganda for the real estate industry and how it couldn’t possibly go as deep as reality is showing all of us that IT IS going to go.
LOL!

[lindismith]

when the sh*t hits the fan and the baby boomers retire!

Yes, a diversified product line keeps us alive when times are tough!

I have great stories about the types of inquiries I get for both of those items. People are strange is all I can say.

[cashflow]

Hi LS,

I will contact your company to see if it’s a possible fit for what we need. I have been looking for something local.
If you’re in sales there, contact me direct so we can discuss!
[email protected]

Thanks!

[Aecetia]

Body bags…
Maybe lindismith will enlighten us when body bag sales increase. That could be informative.

[lindismith]

LOL!

Body bags are a commodity item produced mainly offshore these days. I am still shipping to many companies but new inquiries tend to come from the Middle East (not the wars – the military has massive contracts,) but from general medical supply companies that have been coming online over the last few years; I think I’m getting their business simply because I respond to their requests.

Just received an email my freight brokers who seems to be feeling it. He writes:

Greetings All,

Hope you are having a good week so far. Food for thought:

Is the economy heading towards a recession? As you may already know, this may very well be the case and the inevitable truth….”

He goes on about defining a recession and then, “With this being said, this directly correlates to what I do as your Consultant, Freight Broker, and personal Sales Representative with the business we’re in. I would like to see what I can do to retain as well as earn more business during these trying times. Any input or feedback to what I can do to further and strengthen our relationship would be greatly appreciated. As your Account Manager, you will be provided with the best possible service in the ‘transportation world’ as I am here for the long haul!

Let me know if there is anything I can help out with. I appreciate your time and value your business. Have a great day.

Sincerely,
”

I’ve left off his name, but suffice it to say, I never get emails like this.

[Raybyrnes]

lindismith

Seems to be at odds with what I am hearing from a friend. Their international business is surging and they are able to come in at full price on Tenders (RFP) for project due to the currency exchange. I would think the the shipping industry would benefit form this environment. Just a thought.

[lindismith]

Ray, I think it depends on what sector your friend is in, what international ports they are shipping to, and what type of freight/transport is required.

My international biz is also up.

My local guy, servicing my local freight is down.

What does your friend sell? And to whom?

[NeetaT]

I always feel low interest rates.

[NeetaT]

I always feel low interest rates.

[NeetaT]

I always feel low interest rates.

[NeetaT]

I always feel low interest rates.

[NeetaT]

I always feel low interest rates.

[lindismith]

Ray, I think it depends on what sector your friend is in, what international ports they are shipping to, and what type of freight/transport is required.

My international biz is also up.

My local guy, servicing my local freight is down.

What does your friend sell? And to whom?

[lindismith]

Ray, I think it depends on what sector your friend is in, what international ports they are shipping to, and what type of freight/transport is required.

My international biz is also up.

My local guy, servicing my local freight is down.

What does your friend sell? And to whom?

[lindismith]

Ray, I think it depends on what sector your friend is in, what international ports they are shipping to, and what type of freight/transport is required.

My international biz is also up.

My local guy, servicing my local freight is down.

What does your friend sell? And to whom?

[lindismith]

Ray, I think it depends on what sector your friend is in, what international ports they are shipping to, and what type of freight/transport is required.

My international biz is also up.

My local guy, servicing my local freight is down.

What does your friend sell? And to whom?

[Raybyrnes]

lindismith

Seems to be at odds with what I am hearing from a friend. Their international business is surging and they are able to come in at full price on Tenders (RFP) for project due to the currency exchange. I would think the the shipping industry would benefit form this environment. Just a thought.

[Raybyrnes]

lindismith

Seems to be at odds with what I am hearing from a friend. Their international business is surging and they are able to come in at full price on Tenders (RFP) for project due to the currency exchange. I would think the the shipping industry would benefit form this environment. Just a thought.

[Raybyrnes]

lindismith

Seems to be at odds with what I am hearing from a friend. Their international business is surging and they are able to come in at full price on Tenders (RFP) for project due to the currency exchange. I would think the the shipping industry would benefit form this environment. Just a thought.

[Raybyrnes]

lindismith

Seems to be at odds with what I am hearing from a friend. Their international business is surging and they are able to come in at full price on Tenders (RFP) for project due to the currency exchange. I would think the the shipping industry would benefit form this environment. Just a thought.

[lindismith]

LOL!

Body bags are a commodity item produced mainly offshore these days. I am still shipping to many companies but new inquiries tend to come from the Middle East (not the wars – the military has massive contracts,) but from general medical supply companies that have been coming online over the last few years; I think I’m getting their business simply because I respond to their requests.

Just received an email my freight brokers who seems to be feeling it. He writes:

Greetings All,

Hope you are having a good week so far. Food for thought:

Is the economy heading towards a recession? As you may already know, this may very well be the case and the inevitable truth….”

He goes on about defining a recession and then, “With this being said, this directly correlates to what I do as your Consultant, Freight Broker, and personal Sales Representative with the business we’re in. I would like to see what I can do to retain as well as earn more business during these trying times. Any input or feedback to what I can do to further and strengthen our relationship would be greatly appreciated. As your Account Manager, you will be provided with the best possible service in the ‘transportation world’ as I am here for the long haul!

Let me know if there is anything I can help out with. I appreciate your time and value your business. Have a great day.

Sincerely,
”

I’ve left off his name, but suffice it to say, I never get emails like this.

[lindismith]

LOL!

Body bags are a commodity item produced mainly offshore these days. I am still shipping to many companies but new inquiries tend to come from the Middle East (not the wars – the military has massive contracts,) but from general medical supply companies that have been coming online over the last few years; I think I’m getting their business simply because I respond to their requests.

Just received an email my freight brokers who seems to be feeling it. He writes:

Greetings All,

Hope you are having a good week so far. Food for thought:

Is the economy heading towards a recession? As you may already know, this may very well be the case and the inevitable truth….”

He goes on about defining a recession and then, “With this being said, this directly correlates to what I do as your Consultant, Freight Broker, and personal Sales Representative with the business we’re in. I would like to see what I can do to retain as well as earn more business during these trying times. Any input or feedback to what I can do to further and strengthen our relationship would be greatly appreciated. As your Account Manager, you will be provided with the best possible service in the ‘transportation world’ as I am here for the long haul!

Let me know if there is anything I can help out with. I appreciate your time and value your business. Have a great day.

Sincerely,
”

I’ve left off his name, but suffice it to say, I never get emails like this.

[lindismith]

LOL!

Body bags are a commodity item produced mainly offshore these days. I am still shipping to many companies but new inquiries tend to come from the Middle East (not the wars – the military has massive contracts,) but from general medical supply companies that have been coming online over the last few years; I think I’m getting their business simply because I respond to their requests.

Just received an email my freight brokers who seems to be feeling it. He writes:

Greetings All,

Hope you are having a good week so far. Food for thought:

Is the economy heading towards a recession? As you may already know, this may very well be the case and the inevitable truth….”

He goes on about defining a recession and then, “With this being said, this directly correlates to what I do as your Consultant, Freight Broker, and personal Sales Representative with the business we’re in. I would like to see what I can do to retain as well as earn more business during these trying times. Any input or feedback to what I can do to further and strengthen our relationship would be greatly appreciated. As your Account Manager, you will be provided with the best possible service in the ‘transportation world’ as I am here for the long haul!

Let me know if there is anything I can help out with. I appreciate your time and value your business. Have a great day.

Sincerely,
”

I’ve left off his name, but suffice it to say, I never get emails like this.

[lindismith]

LOL!

Body bags are a commodity item produced mainly offshore these days. I am still shipping to many companies but new inquiries tend to come from the Middle East (not the wars – the military has massive contracts,) but from general medical supply companies that have been coming online over the last few years; I think I’m getting their business simply because I respond to their requests.

Just received an email my freight brokers who seems to be feeling it. He writes:

Greetings All,

Hope you are having a good week so far. Food for thought:

Is the economy heading towards a recession? As you may already know, this may very well be the case and the inevitable truth….”

He goes on about defining a recession and then, “With this being said, this directly correlates to what I do as your Consultant, Freight Broker, and personal Sales Representative with the business we’re in. I would like to see what I can do to retain as well as earn more business during these trying times. Any input or feedback to what I can do to further and strengthen our relationship would be greatly appreciated. As your Account Manager, you will be provided with the best possible service in the ‘transportation world’ as I am here for the long haul!

Let me know if there is anything I can help out with. I appreciate your time and value your business. Have a great day.

Sincerely,
”

I’ve left off his name, but suffice it to say, I never get emails like this.

[Aecetia]

Body bags…
Maybe lindismith will enlighten us when body bag sales increase. That could be informative.

[Aecetia]

Body bags…
Maybe lindismith will enlighten us when body bag sales increase. That could be informative.

[Aecetia]

Body bags…
Maybe lindismith will enlighten us when body bag sales increase. That could be informative.

[Aecetia]

Body bags…
Maybe lindismith will enlighten us when body bag sales increase. That could be informative.

[cashflow]

Hi LS,

I will contact your company to see if it’s a possible fit for what we need. I have been looking for something local.
If you’re in sales there, contact me direct so we can discuss!
[email protected]

Thanks!

[cashflow]

Hi LS,

I will contact your company to see if it’s a possible fit for what we need. I have been looking for something local.
If you’re in sales there, contact me direct so we can discuss!
[email protected]

Thanks!

[cashflow]

Hi LS,

I will contact your company to see if it’s a possible fit for what we need. I have been looking for something local.
If you’re in sales there, contact me direct so we can discuss!
[email protected]

Thanks!

[cashflow]

Hi LS,

I will contact your company to see if it’s a possible fit for what we need. I have been looking for something local.
If you’re in sales there, contact me direct so we can discuss!
[email protected]

Thanks!

[robyns_song]

Since we’re in the story-telling mode, maybe lindismith can enlighten us with some stories of the incontinence product inquiries!

[macromaniac]

I don’t know you tell me….
[img_assist|nid=10346|title=American Taxpayer|desc=Not yet…but I am getting ready here….|link=node|align=left|width=320|height=240]

[macromaniac]

I don’t know you tell me….
[img_assist|nid=10346|title=American Taxpayer|desc=Not yet…but I am getting ready here….|link=node|align=left|width=320|height=240]

[macromaniac]

I don’t know you tell me….
[img_assist|nid=10346|title=American Taxpayer|desc=Not yet…but I am getting ready here….|link=node|align=left|width=320|height=240]

[macromaniac]

I don’t know you tell me….
[img_assist|nid=10346|title=American Taxpayer|desc=Not yet…but I am getting ready here….|link=node|align=left|width=320|height=240]

[macromaniac]

I don’t know you tell me….
[img_assist|nid=10346|title=American Taxpayer|desc=Not yet…but I am getting ready here….|link=node|align=left|width=320|height=240]

[meadandale]

Last weekend both Fry’s and Costco were packed to the gills. What recession?

[meadandale]

Last weekend both Fry’s and Costco were packed to the gills. What recession?

[meadandale]

Last weekend both Fry’s and Costco were packed to the gills. What recession?

[meadandale]

Last weekend both Fry’s and Costco were packed to the gills. What recession?

[meadandale]

Last weekend both Fry’s and Costco were packed to the gills. What recession?

[robyns_song]

Since we’re in the story-telling mode, maybe lindismith can enlighten us with some stories of the incontinence product inquiries!

[robyns_song]

Since we’re in the story-telling mode, maybe lindismith can enlighten us with some stories of the incontinence product inquiries!

[robyns_song]

Since we’re in the story-telling mode, maybe lindismith can enlighten us with some stories of the incontinence product inquiries!

[robyns_song]

Since we’re in the story-telling mode, maybe lindismith can enlighten us with some stories of the incontinence product inquiries!

[lindismith]

when the sh*t hits the fan and the baby boomers retire!

Yes, a diversified product line keeps us alive when times are tough!

I have great stories about the types of inquiries I get for both of those items. People are strange is all I can say.

[lindismith]

when the sh*t hits the fan and the baby boomers retire!

Yes, a diversified product line keeps us alive when times are tough!

I have great stories about the types of inquiries I get for both of those items. People are strange is all I can say.

[lindismith]

when the sh*t hits the fan and the baby boomers retire!

Yes, a diversified product line keeps us alive when times are tough!

I have great stories about the types of inquiries I get for both of those items. People are strange is all I can say.

[lindismith]

when the sh*t hits the fan and the baby boomers retire!

Yes, a diversified product line keeps us alive when times are tough!

I have great stories about the types of inquiries I get for both of those items. People are strange is all I can say.

[Ex-SD]

JWM: I was scratching my head too. sdr posts are usually cheerleading propaganda for the real estate industry and how it couldn’t possibly go as deep as reality is showing all of us that IT IS going to go.
LOL!

[Ex-SD]

JWM: I was scratching my head too. sdr posts are usually cheerleading propaganda for the real estate industry and how it couldn’t possibly go as deep as reality is showing all of us that IT IS going to go.
LOL!

[Ex-SD]

JWM: I was scratching my head too. sdr posts are usually cheerleading propaganda for the real estate industry and how it couldn’t possibly go as deep as reality is showing all of us that IT IS going to go.
LOL!

[Ex-SD]

JWM: I was scratching my head too. sdr posts are usually cheerleading propaganda for the real estate industry and how it couldn’t possibly go as deep as reality is showing all of us that IT IS going to go.
LOL!

[lindismith]

aah yes, I see that now. Looks like his cut and paste threw me.

I should have recognized the humble tone did not match sdr! LOL!

[lindismith]

aah yes, I see that now. Looks like his cut and paste threw me.

I should have recognized the humble tone did not match sdr! LOL!

[lindismith]

aah yes, I see that now. Looks like his cut and paste threw me.

I should have recognized the humble tone did not match sdr! LOL!

[lindismith]

aah yes, I see that now. Looks like his cut and paste threw me.

I should have recognized the humble tone did not match sdr! LOL!

[sdrealtor]

Actually I’m in the market for some extra pompous windbags. LindiSmith could you sew a few for me?

[sdrealtor]

Actually I’m in the market for some extra pompous windbags. LindiSmith could you sew a few for me?

[sdrealtor]

Actually I’m in the market for some extra pompous windbags. LindiSmith could you sew a few for me?

[sdrealtor]

Actually I’m in the market for some extra pompous windbags. LindiSmith could you sew a few for me?

[sdrealtor]

Actually I’m in the market for some extra pompous windbags. LindiSmith could you sew a few for me?

[JWM in SD]

JWM in SD

Uh, that was not sdr. It was LA Renter who posted that. Please do not attribute posts incorrectly…especially to pompous windbags like sdr.

[JWM in SD]

JWM in SD

Uh, that was not sdr. It was LA Renter who posted that. Please do not attribute posts incorrectly…especially to pompous windbags like sdr.

[JWM in SD]

JWM in SD

Uh, that was not sdr. It was LA Renter who posted that. Please do not attribute posts incorrectly…especially to pompous windbags like sdr.

[JWM in SD]

JWM in SD

Uh, that was not sdr. It was LA Renter who posted that. Please do not attribute posts incorrectly…especially to pompous windbags like sdr.

[lindismith]

Here’s what sdr posted in the other thread; I thought it was worth pulling out as that other thread is soooo long at this point:

“I am in sales with a commodity type product that is directly tied to business activity in industrial, govt, energy and service sector so I have some anecdotal evidence regarding current business conditions. As of right now through mid Feb, sales are very soft with a handful of people hitting their number across the country verses this time last year when 70% of the sales force were at or above goal. My distributors tell me it is the small mom and pop type businesses especially in and around the LA basin that are basically disappearing. Capital Good manufacturers are getting hit with delayed orders and many have laid off employees or getting ready too. The service sector that we cater to are very cost sensitive right now and are cutting back or trading down. Energy is the exception, sales into that space are actually up over last year. I have been through a few recessions and this seems different, previous downturns I have experienced seemed like business hit a brick wall and was much more pronounced. This is more like a steady deterioration that seems ever so slightly gaining momentum.”

[lindismith]

Here’s what sdr posted in the other thread; I thought it was worth pulling out as that other thread is soooo long at this point:

“I am in sales with a commodity type product that is directly tied to business activity in industrial, govt, energy and service sector so I have some anecdotal evidence regarding current business conditions. As of right now through mid Feb, sales are very soft with a handful of people hitting their number across the country verses this time last year when 70% of the sales force were at or above goal. My distributors tell me it is the small mom and pop type businesses especially in and around the LA basin that are basically disappearing. Capital Good manufacturers are getting hit with delayed orders and many have laid off employees or getting ready too. The service sector that we cater to are very cost sensitive right now and are cutting back or trading down. Energy is the exception, sales into that space are actually up over last year. I have been through a few recessions and this seems different, previous downturns I have experienced seemed like business hit a brick wall and was much more pronounced. This is more like a steady deterioration that seems ever so slightly gaining momentum.”

[lindismith]

Here’s what sdr posted in the other thread; I thought it was worth pulling out as that other thread is soooo long at this point:

“I am in sales with a commodity type product that is directly tied to business activity in industrial, govt, energy and service sector so I have some anecdotal evidence regarding current business conditions. As of right now through mid Feb, sales are very soft with a handful of people hitting their number across the country verses this time last year when 70% of the sales force were at or above goal. My distributors tell me it is the small mom and pop type businesses especially in and around the LA basin that are basically disappearing. Capital Good manufacturers are getting hit with delayed orders and many have laid off employees or getting ready too. The service sector that we cater to are very cost sensitive right now and are cutting back or trading down. Energy is the exception, sales into that space are actually up over last year. I have been through a few recessions and this seems different, previous downturns I have experienced seemed like business hit a brick wall and was much more pronounced. This is more like a steady deterioration that seems ever so slightly gaining momentum.”

[lindismith]

Here’s what sdr posted in the other thread; I thought it was worth pulling out as that other thread is soooo long at this point:

“I am in sales with a commodity type product that is directly tied to business activity in industrial, govt, energy and service sector so I have some anecdotal evidence regarding current business conditions. As of right now through mid Feb, sales are very soft with a handful of people hitting their number across the country verses this time last year when 70% of the sales force were at or above goal. My distributors tell me it is the small mom and pop type businesses especially in and around the LA basin that are basically disappearing. Capital Good manufacturers are getting hit with delayed orders and many have laid off employees or getting ready too. The service sector that we cater to are very cost sensitive right now and are cutting back or trading down. Energy is the exception, sales into that space are actually up over last year. I have been through a few recessions and this seems different, previous downturns I have experienced seemed like business hit a brick wall and was much more pronounced. This is more like a steady deterioration that seems ever so slightly gaining momentum.”

[SD Transplant]

mension = mention
– to make sure I remain compliant to rigorous spelling requirements of the board 🙂

[SD Transplant]

mension = mention
– to make sure I remain compliant to rigorous spelling requirements of the board 🙂

[SD Transplant]

mension = mention
– to make sure I remain compliant to rigorous spelling requirements of the board 🙂

[SD Transplant]

mension = mention
– to make sure I remain compliant to rigorous spelling requirements of the board 🙂

[SD Transplant]

mension = mention
– to make sure I remain compliant to rigorous spelling requirements of the board 🙂

[SD Transplant]

Diego Mamani,

Good catches – thanks for pointing that out. I was in a rush, and I do not post messages that long w/out doing a pre-check in MS Word (there is a 1st time for everything). Aside from the grammatical errors and paragraph format, I hope the message still gets across.

Vis-à-vis the job hunt, I have not tried hard enough because I am not in a desperate position. That could change of course.

The substance of the message is that during low unemployment & a stable market, I was able to get job offers pretty regularly. However, when unemployment is higher or businesses are on hiring freezes things could flip the other way. Hence, one’s personal/professional network comes in handy. There are also other reasons, which I won’t/can’t mension on this board, which could make a difference in my job search…..

[SD Transplant]

Diego Mamani,

Good catches – thanks for pointing that out. I was in a rush, and I do not post messages that long w/out doing a pre-check in MS Word (there is a 1st time for everything). Aside from the grammatical errors and paragraph format, I hope the message still gets across.

Vis-à-vis the job hunt, I have not tried hard enough because I am not in a desperate position. That could change of course.

The substance of the message is that during low unemployment & a stable market, I was able to get job offers pretty regularly. However, when unemployment is higher or businesses are on hiring freezes things could flip the other way. Hence, one’s personal/professional network comes in handy. There are also other reasons, which I won’t/can’t mension on this board, which could make a difference in my job search…..

[SD Transplant]

Diego Mamani,

Good catches – thanks for pointing that out. I was in a rush, and I do not post messages that long w/out doing a pre-check in MS Word (there is a 1st time for everything). Aside from the grammatical errors and paragraph format, I hope the message still gets across.

Vis-à-vis the job hunt, I have not tried hard enough because I am not in a desperate position. That could change of course.

The substance of the message is that during low unemployment & a stable market, I was able to get job offers pretty regularly. However, when unemployment is higher or businesses are on hiring freezes things could flip the other way. Hence, one’s personal/professional network comes in handy. There are also other reasons, which I won’t/can’t mension on this board, which could make a difference in my job search…..

[SD Transplant]

Diego Mamani,

Good catches – thanks for pointing that out. I was in a rush, and I do not post messages that long w/out doing a pre-check in MS Word (there is a 1st time for everything). Aside from the grammatical errors and paragraph format, I hope the message still gets across.

Vis-à-vis the job hunt, I have not tried hard enough because I am not in a desperate position. That could change of course.

The substance of the message is that during low unemployment & a stable market, I was able to get job offers pretty regularly. However, when unemployment is higher or businesses are on hiring freezes things could flip the other way. Hence, one’s personal/professional network comes in handy. There are also other reasons, which I won’t/can’t mension on this board, which could make a difference in my job search…..

[Nor-LA-SD-guy]

Nor-La-SD-Guy

As bad as the downturn in Temecula is said to be (and it is bad..), I went by Costco in Temecula Saturday(completely packed), went out to eat Saturday as well (an Italian Place in the Mall area forget the name starts with a G) , Completely packed as well had to wait about 20 Minutes.

Seems People have money to spend in Temecula.

[Nor-LA-SD-guy]

Nor-La-SD-Guy

As bad as the downturn in Temecula is said to be (and it is bad..), I went by Costco in Temecula Saturday(completely packed), went out to eat Saturday as well (an Italian Place in the Mall area forget the name starts with a G) , Completely packed as well had to wait about 20 Minutes.

Seems People have money to spend in Temecula.

[Nor-LA-SD-guy]

Nor-La-SD-Guy

As bad as the downturn in Temecula is said to be (and it is bad..), I went by Costco in Temecula Saturday(completely packed), went out to eat Saturday as well (an Italian Place in the Mall area forget the name starts with a G) , Completely packed as well had to wait about 20 Minutes.

Seems People have money to spend in Temecula.

[Nor-LA-SD-guy]

Nor-La-SD-Guy

As bad as the downturn in Temecula is said to be (and it is bad..), I went by Costco in Temecula Saturday(completely packed), went out to eat Saturday as well (an Italian Place in the Mall area forget the name starts with a G) , Completely packed as well had to wait about 20 Minutes.

Seems People have money to spend in Temecula.

[kewp]

I think if you go shopping on the weekends it will seem just as packed as always. Might be a perception thing.

I prefer to do my shopping during the week when I telecommute (nice to get out of the house). Last Wed. Costco was practically empty, never in my life seen it that quiet. Maybe 1 out 3 registers was open with 1-2 folks in line. Most people were only buying essentials.

[kewp]

I think if you go shopping on the weekends it will seem just as packed as always. Might be a perception thing.

I prefer to do my shopping during the week when I telecommute (nice to get out of the house). Last Wed. Costco was practically empty, never in my life seen it that quiet. Maybe 1 out 3 registers was open with 1-2 folks in line. Most people were only buying essentials.

[kewp]

I think if you go shopping on the weekends it will seem just as packed as always. Might be a perception thing.

I prefer to do my shopping during the week when I telecommute (nice to get out of the house). Last Wed. Costco was practically empty, never in my life seen it that quiet. Maybe 1 out 3 registers was open with 1-2 folks in line. Most people were only buying essentials.

[kewp]

I think if you go shopping on the weekends it will seem just as packed as always. Might be a perception thing.

I prefer to do my shopping during the week when I telecommute (nice to get out of the house). Last Wed. Costco was practically empty, never in my life seen it that quiet. Maybe 1 out 3 registers was open with 1-2 folks in line. Most people were only buying essentials.

[cashman]

Business as usual here in eastern LA county. Went shopping today for some President’s Day sales, and the parking lots and stores were mobbed as always. I live right on the edge of LA/OC/SB county lines and whenever I go into OC, it never ceases to amaze me how crowded the restaurants are. Doesn’t anyone in OC ever eat at home? Bottom line, no recession clouds forming here. And by the way, prices of homes around here have barely budged off their highs. I’m now in year three of renting, waiting patiently for the much publicized correction.

[cashman]

Business as usual here in eastern LA county. Went shopping today for some President’s Day sales, and the parking lots and stores were mobbed as always. I live right on the edge of LA/OC/SB county lines and whenever I go into OC, it never ceases to amaze me how crowded the restaurants are. Doesn’t anyone in OC ever eat at home? Bottom line, no recession clouds forming here. And by the way, prices of homes around here have barely budged off their highs. I’m now in year three of renting, waiting patiently for the much publicized correction.

[cashman]

Business as usual here in eastern LA county. Went shopping today for some President’s Day sales, and the parking lots and stores were mobbed as always. I live right on the edge of LA/OC/SB county lines and whenever I go into OC, it never ceases to amaze me how crowded the restaurants are. Doesn’t anyone in OC ever eat at home? Bottom line, no recession clouds forming here. And by the way, prices of homes around here have barely budged off their highs. I’m now in year three of renting, waiting patiently for the much publicized correction.

[cashman]

Business as usual here in eastern LA county. Went shopping today for some President’s Day sales, and the parking lots and stores were mobbed as always. I live right on the edge of LA/OC/SB county lines and whenever I go into OC, it never ceases to amaze me how crowded the restaurants are. Doesn’t anyone in OC ever eat at home? Bottom line, no recession clouds forming here. And by the way, prices of homes around here have barely budged off their highs. I’m now in year three of renting, waiting patiently for the much publicized correction.

[nostradamus]

I haven’t noticed a slowdown in my industry (semiconductor telecomm) but there are always rumors and gossip about pending layoffs or hiring freezes.

[nostradamus]

I haven’t noticed a slowdown in my industry (semiconductor telecomm) but there are always rumors and gossip about pending layoffs or hiring freezes.

[nostradamus]

I haven’t noticed a slowdown in my industry (semiconductor telecomm) but there are always rumors and gossip about pending layoffs or hiring freezes.

[nostradamus]

I haven’t noticed a slowdown in my industry (semiconductor telecomm) but there are always rumors and gossip about pending layoffs or hiring freezes.

[Deal Hunter]

We’re in Vegas and it’s definetly apparent in the real estate market here. However, rent rates are going up and discretionary consumption is up as well. Foreclosure inventories are still rising because there were soooo many bad loans made here, but investors that stuck around are able to rent properties out pretty easily.

You may find this interesting: You can buy a SFR (3b/2b) within 5 miles of the tourist corridor (The Strip) for just about $300K and rent it out for $1100-$1300 per month. You can buy the same size SFR 8 miles from The Strip for $170k – $220K, and it too will rent for between $1100-$1300 per month. Freaky, huh?

[Deal Hunter]

We’re in Vegas and it’s definetly apparent in the real estate market here. However, rent rates are going up and discretionary consumption is up as well. Foreclosure inventories are still rising because there were soooo many bad loans made here, but investors that stuck around are able to rent properties out pretty easily.

You may find this interesting: You can buy a SFR (3b/2b) within 5 miles of the tourist corridor (The Strip) for just about $300K and rent it out for $1100-$1300 per month. You can buy the same size SFR 8 miles from The Strip for $170k – $220K, and it too will rent for between $1100-$1300 per month. Freaky, huh?

[Deal Hunter]

We’re in Vegas and it’s definetly apparent in the real estate market here. However, rent rates are going up and discretionary consumption is up as well. Foreclosure inventories are still rising because there were soooo many bad loans made here, but investors that stuck around are able to rent properties out pretty easily.

You may find this interesting: You can buy a SFR (3b/2b) within 5 miles of the tourist corridor (The Strip) for just about $300K and rent it out for $1100-$1300 per month. You can buy the same size SFR 8 miles from The Strip for $170k – $220K, and it too will rent for between $1100-$1300 per month. Freaky, huh?

[Deal Hunter]

We’re in Vegas and it’s definetly apparent in the real estate market here. However, rent rates are going up and discretionary consumption is up as well. Foreclosure inventories are still rising because there were soooo many bad loans made here, but investors that stuck around are able to rent properties out pretty easily.

You may find this interesting: You can buy a SFR (3b/2b) within 5 miles of the tourist corridor (The Strip) for just about $300K and rent it out for $1100-$1300 per month. You can buy the same size SFR 8 miles from The Strip for $170k – $220K, and it too will rent for between $1100-$1300 per month. Freaky, huh?

[bobby]

the economy is just humming along in the peninsula (norcal) – that’s the good news. The bad news is price is still rising in some parts and holding in most other.
what’s a renter to do?

[bobby]

the economy is just humming along in the peninsula (norcal) – that’s the good news. The bad news is price is still rising in some parts and holding in most other.
what’s a renter to do?

[bobby]

the economy is just humming along in the peninsula (norcal) – that’s the good news. The bad news is price is still rising in some parts and holding in most other.
what’s a renter to do?

[bobby]

the economy is just humming along in the peninsula (norcal) – that’s the good news. The bad news is price is still rising in some parts and holding in most other.
what’s a renter to do?

[cashflow]

lindismith
I agree that the slowdown is starting to show. Out shopping last weekend and a store manager told us that their corporate office had significantly slowed any new shipments to their store as sales had been so bad for the past few months. So many industries will be hurt through this and we all will be affected somehow.

On a side note, what kind of sewing does your business do? Curious as I’m looking for bag manufacturers in the area….

[cashflow]

lindismith
I agree that the slowdown is starting to show. Out shopping last weekend and a store manager told us that their corporate office had significantly slowed any new shipments to their store as sales had been so bad for the past few months. So many industries will be hurt through this and we all will be affected somehow.

On a side note, what kind of sewing does your business do? Curious as I’m looking for bag manufacturers in the area….

[cashflow]

lindismith
I agree that the slowdown is starting to show. Out shopping last weekend and a store manager told us that their corporate office had significantly slowed any new shipments to their store as sales had been so bad for the past few months. So many industries will be hurt through this and we all will be affected somehow.

On a side note, what kind of sewing does your business do? Curious as I’m looking for bag manufacturers in the area….

[cashflow]

lindismith
I agree that the slowdown is starting to show. Out shopping last weekend and a store manager told us that their corporate office had significantly slowed any new shipments to their store as sales had been so bad for the past few months. So many industries will be hurt through this and we all will be affected somehow.

On a side note, what kind of sewing does your business do? Curious as I’m looking for bag manufacturers in the area….

[DWCAP]

I finally broke down and went shopping this weekend. Went to the UTC mall to get some stuff since I had won a gift certificate from my company at the xmas party and hadnt spent it. I dont buy much, never did. What shocked me was how little other people seemed to be purchasing. There were alot of people there, but no one buying anything. While shopping I remembered other threads on here around xmas time talking about the mall traffic, and it made me start looking.
IF people were carying bags, it was 1, and it had one thing in it. I eventually got 2 pairs of pants and a new pair of running shoes. When I got in line behind 4 other people (1 clerk, struggling with a bad register, not too many people clogging things up) I noticed what they were getting. 1 shirt or maybe a pair of dress pants. I EASILY had the largest amount of merchandise, all $80 of it. I dont see how retailers can be doing well when 5 shoppers all together MAYBE spent $250. Oh, and when I picked up my bags and turned to go, no one was in line behind me.

[DWCAP]

I finally broke down and went shopping this weekend. Went to the UTC mall to get some stuff since I had won a gift certificate from my company at the xmas party and hadnt spent it. I dont buy much, never did. What shocked me was how little other people seemed to be purchasing. There were alot of people there, but no one buying anything. While shopping I remembered other threads on here around xmas time talking about the mall traffic, and it made me start looking.
IF people were carying bags, it was 1, and it had one thing in it. I eventually got 2 pairs of pants and a new pair of running shoes. When I got in line behind 4 other people (1 clerk, struggling with a bad register, not too many people clogging things up) I noticed what they were getting. 1 shirt or maybe a pair of dress pants. I EASILY had the largest amount of merchandise, all $80 of it. I dont see how retailers can be doing well when 5 shoppers all together MAYBE spent $250. Oh, and when I picked up my bags and turned to go, no one was in line behind me.

[DWCAP]

I finally broke down and went shopping this weekend. Went to the UTC mall to get some stuff since I had won a gift certificate from my company at the xmas party and hadnt spent it. I dont buy much, never did. What shocked me was how little other people seemed to be purchasing. There were alot of people there, but no one buying anything. While shopping I remembered other threads on here around xmas time talking about the mall traffic, and it made me start looking.
IF people were carying bags, it was 1, and it had one thing in it. I eventually got 2 pairs of pants and a new pair of running shoes. When I got in line behind 4 other people (1 clerk, struggling with a bad register, not too many people clogging things up) I noticed what they were getting. 1 shirt or maybe a pair of dress pants. I EASILY had the largest amount of merchandise, all $80 of it. I dont see how retailers can be doing well when 5 shoppers all together MAYBE spent $250. Oh, and when I picked up my bags and turned to go, no one was in line behind me.

[DWCAP]

I finally broke down and went shopping this weekend. Went to the UTC mall to get some stuff since I had won a gift certificate from my company at the xmas party and hadnt spent it. I dont buy much, never did. What shocked me was how little other people seemed to be purchasing. There were alot of people there, but no one buying anything. While shopping I remembered other threads on here around xmas time talking about the mall traffic, and it made me start looking.
IF people were carying bags, it was 1, and it had one thing in it. I eventually got 2 pairs of pants and a new pair of running shoes. When I got in line behind 4 other people (1 clerk, struggling with a bad register, not too many people clogging things up) I noticed what they were getting. 1 shirt or maybe a pair of dress pants. I EASILY had the largest amount of merchandise, all $80 of it. I dont see how retailers can be doing well when 5 shoppers all together MAYBE spent $250. Oh, and when I picked up my bags and turned to go, no one was in line behind me.

[DWCAP]

I finally broke down and went shopping this weekend. Went to the UTC mall to get some stuff since I had won a gift certificate from my company at the xmas party and hadnt spent it. I dont buy much, never did. What shocked me was how little other people seemed to be purchasing. There were alot of people there, but no one buying anything. While shopping I remembered other threads on here around xmas time talking about the mall traffic, and it made me start looking.
IF people were carying bags, it was 1, and it had one thing in it. I eventually got 2 pairs of pants and a new pair of running shoes. When I got in line behind 4 other people (1 clerk, struggling with a bad register, not too many people clogging things up) I noticed what they were getting. 1 shirt or maybe a pair of dress pants. I EASILY had the largest amount of merchandise, all $80 of it. I dont see how retailers can be doing well when 5 shoppers all together MAYBE spent $250. Oh, and when I picked up my bags and turned to go, no one was in line behind me.

[DWCAP]

SDR, there will be alot of pompus windbags available come November 2nd. My current understanding was that at the height of the market the comps were 2 drunk hookers in a jacuzzi in Hawaii and a pile of Cash you could swim in. Considering the way the market has fallen, I think you could get away with a National City prostitute in a cheap hotel room and a bouncy house full of $10 bills.

[bsrsharma]

Inflation stared me in the face when I bought a Subway Sandwich recently. The loaf of bread had shrunk by at least 20% from its usual size.

Also, have you observed Souplantation/Sweet Tomatoes has replaced plates with smaller ones in 2007? This may not be too bad, since many people were piling up and wasting. But inflation nonetheless.

Cereal boxes have shrunk from 18 Oz -> 16 Oz -> 13/14 Oz -> 12 Oz. I have even seen full size boxes with 10 Oz.

[SD Transplant]

Great points with respect to food prices.

One could notice that a decent (fast food) meal under $5.00 is almost a thing of the past. Even a good old burrito at your favorite Mexican place is higher than it use to be.

[SD Transplant]

Great points with respect to food prices.

One could notice that a decent (fast food) meal under $5.00 is almost a thing of the past. Even a good old burrito at your favorite Mexican place is higher than it use to be.

[SD Transplant]

Great points with respect to food prices.

One could notice that a decent (fast food) meal under $5.00 is almost a thing of the past. Even a good old burrito at your favorite Mexican place is higher than it use to be.

[SD Transplant]

Great points with respect to food prices.

One could notice that a decent (fast food) meal under $5.00 is almost a thing of the past. Even a good old burrito at your favorite Mexican place is higher than it use to be.

[SD Transplant]

Great points with respect to food prices.

One could notice that a decent (fast food) meal under $5.00 is almost a thing of the past. Even a good old burrito at your favorite Mexican place is higher than it use to be.

[unbiasedobserver]

Souplantation’s soup bowls are so small now it’s a joke, in fact so ridiculously small that I won’t return.

[unbiasedobserver]

Souplantation’s soup bowls are so small now it’s a joke, in fact so ridiculously small that I won’t return.

[unbiasedobserver]

Souplantation’s soup bowls are so small now it’s a joke, in fact so ridiculously small that I won’t return.

[unbiasedobserver]

Souplantation’s soup bowls are so small now it’s a joke, in fact so ridiculously small that I won’t return.

[unbiasedobserver]

Souplantation’s soup bowls are so small now it’s a joke, in fact so ridiculously small that I won’t return.

[bsrsharma]

Inflation stared me in the face when I bought a Subway Sandwich recently. The loaf of bread had shrunk by at least 20% from its usual size.

Also, have you observed Souplantation/Sweet Tomatoes has replaced plates with smaller ones in 2007? This may not be too bad, since many people were piling up and wasting. But inflation nonetheless.

Cereal boxes have shrunk from 18 Oz -> 16 Oz -> 13/14 Oz -> 12 Oz. I have even seen full size boxes with 10 Oz.

[bsrsharma]

Inflation stared me in the face when I bought a Subway Sandwich recently. The loaf of bread had shrunk by at least 20% from its usual size.

Also, have you observed Souplantation/Sweet Tomatoes has replaced plates with smaller ones in 2007? This may not be too bad, since many people were piling up and wasting. But inflation nonetheless.

Cereal boxes have shrunk from 18 Oz -> 16 Oz -> 13/14 Oz -> 12 Oz. I have even seen full size boxes with 10 Oz.

[bsrsharma]

Inflation stared me in the face when I bought a Subway Sandwich recently. The loaf of bread had shrunk by at least 20% from its usual size.

Also, have you observed Souplantation/Sweet Tomatoes has replaced plates with smaller ones in 2007? This may not be too bad, since many people were piling up and wasting. But inflation nonetheless.

Cereal boxes have shrunk from 18 Oz -> 16 Oz -> 13/14 Oz -> 12 Oz. I have even seen full size boxes with 10 Oz.

[bsrsharma]

Inflation stared me in the face when I bought a Subway Sandwich recently. The loaf of bread had shrunk by at least 20% from its usual size.

Also, have you observed Souplantation/Sweet Tomatoes has replaced plates with smaller ones in 2007? This may not be too bad, since many people were piling up and wasting. But inflation nonetheless.

Cereal boxes have shrunk from 18 Oz -> 16 Oz -> 13/14 Oz -> 12 Oz. I have even seen full size boxes with 10 Oz.

[DWCAP]

SDR, there will be alot of pompus windbags available come November 2nd. My current understanding was that at the height of the market the comps were 2 drunk hookers in a jacuzzi in Hawaii and a pile of Cash you could swim in. Considering the way the market has fallen, I think you could get away with a National City prostitute in a cheap hotel room and a bouncy house full of $10 bills.

[DWCAP]

SDR, there will be alot of pompus windbags available come November 2nd. My current understanding was that at the height of the market the comps were 2 drunk hookers in a jacuzzi in Hawaii and a pile of Cash you could swim in. Considering the way the market has fallen, I think you could get away with a National City prostitute in a cheap hotel room and a bouncy house full of $10 bills.

[DWCAP]

SDR, there will be alot of pompus windbags available come November 2nd. My current understanding was that at the height of the market the comps were 2 drunk hookers in a jacuzzi in Hawaii and a pile of Cash you could swim in. Considering the way the market has fallen, I think you could get away with a National City prostitute in a cheap hotel room and a bouncy house full of $10 bills.

[DWCAP]

SDR, there will be alot of pompus windbags available come November 2nd. My current understanding was that at the height of the market the comps were 2 drunk hookers in a jacuzzi in Hawaii and a pile of Cash you could swim in. Considering the way the market has fallen, I think you could get away with a National City prostitute in a cheap hotel room and a bouncy house full of $10 bills.

[Coronita]

I haven't felt the inflation/recession issue as much here in San Diego(yet). But I definitely felt the hit to the dollar last week when I was in Spain.

Though, I would say, it seems like some Europeans are as concerned about the economy and concerned about slowdowns there too. There were plenty of sales in nice stores, but even with those discounts, the dollar's so weak, there wasn't much incentive to buy out there….

One thing though. Just by looking I could definitely tell which people were locals and which people were american tourists.. 🙂

 I do though sense more caution among my own sphere of friends. I myself am buttoning down a bit, in anticipating of more economic issues here.

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[SD Transplant]

Guess who else is feeling it?

Source: Union Tribune
By Mae Anderson
ASSOCIATED PRESS

6:58 a.m. February 20, 2008

NEW YORK – Troubled retailers Sharper Image Corp. and Lillian Vernon Corp. have filed for bankruptcy, pointing to the effects of a weak holiday season and a struggling economy.
Both Sharper Image, known for its high-tech novelty gadgets, and Lillian Vernon, which sells low-cost gifts and gadgets through its catalog and Web site, have long been plagued with falling sales…..

http://www.signonsandiego.com/news/business/20080220-0658-retailbankruptcies.html

[lindismith]

this makes sense to me because both Sharper Image and Lillian Vernon both sell stuff that is ‘nice-to-have’ not ‘must-have’.

I have often wondered at what point our Society will decide they have enough stuff? I mean, there’s only room for a certain amount of stuff in each person’s home. If belts are tightening it makes sense that those two retailers are feeling it, both because we are all maxed out on stuff, and because their products are not must-haves.

I talked to a friend who owns a carpet cleaning business in North County yesterday. He’s feeling it too.

[lindismith]

this makes sense to me because both Sharper Image and Lillian Vernon both sell stuff that is ‘nice-to-have’ not ‘must-have’.

I have often wondered at what point our Society will decide they have enough stuff? I mean, there’s only room for a certain amount of stuff in each person’s home. If belts are tightening it makes sense that those two retailers are feeling it, both because we are all maxed out on stuff, and because their products are not must-haves.

I talked to a friend who owns a carpet cleaning business in North County yesterday. He’s feeling it too.

[lindismith]

this makes sense to me because both Sharper Image and Lillian Vernon both sell stuff that is ‘nice-to-have’ not ‘must-have’.

I have often wondered at what point our Society will decide they have enough stuff? I mean, there’s only room for a certain amount of stuff in each person’s home. If belts are tightening it makes sense that those two retailers are feeling it, both because we are all maxed out on stuff, and because their products are not must-haves.

I talked to a friend who owns a carpet cleaning business in North County yesterday. He’s feeling it too.

[lindismith]

this makes sense to me because both Sharper Image and Lillian Vernon both sell stuff that is ‘nice-to-have’ not ‘must-have’.

I have often wondered at what point our Society will decide they have enough stuff? I mean, there’s only room for a certain amount of stuff in each person’s home. If belts are tightening it makes sense that those two retailers are feeling it, both because we are all maxed out on stuff, and because their products are not must-haves.

I talked to a friend who owns a carpet cleaning business in North County yesterday. He’s feeling it too.

[lindismith]

this makes sense to me because both Sharper Image and Lillian Vernon both sell stuff that is ‘nice-to-have’ not ‘must-have’.

I have often wondered at what point our Society will decide they have enough stuff? I mean, there’s only room for a certain amount of stuff in each person’s home. If belts are tightening it makes sense that those two retailers are feeling it, both because we are all maxed out on stuff, and because their products are not must-haves.

I talked to a friend who owns a carpet cleaning business in North County yesterday. He’s feeling it too.

[Rockemsock]

Our industry is doing very well actually, (video game, home entertainment) which is to be expected. It seems during economic downturns people still spend money on home entertainment, if not moreso than usual…not sure if it’ll last, but that has been the case in the past.

There are a few companies that have closed their doors recently, but that is par for the course in game development. A few have also recently opened up shop and are hiring. In fact, we’re having a bit of trouble hiring for some of our more senior positions because there is a bit of competition among employers.

Last week, i was talking with a couple friends about the weakening dollar and the possible effect it would have on outsourcing. In years past, film, television, and game development have been done in Canada (and other places) because it was cheaper. As the dollar declines, and the cost savings decrease, will some development return to the US? There are plenty more factors that need to be considered, but it was food for our conversation.

[Rockemsock]

Our industry is doing very well actually, (video game, home entertainment) which is to be expected. It seems during economic downturns people still spend money on home entertainment, if not moreso than usual…not sure if it’ll last, but that has been the case in the past.

There are a few companies that have closed their doors recently, but that is par for the course in game development. A few have also recently opened up shop and are hiring. In fact, we’re having a bit of trouble hiring for some of our more senior positions because there is a bit of competition among employers.

Last week, i was talking with a couple friends about the weakening dollar and the possible effect it would have on outsourcing. In years past, film, television, and game development have been done in Canada (and other places) because it was cheaper. As the dollar declines, and the cost savings decrease, will some development return to the US? There are plenty more factors that need to be considered, but it was food for our conversation.

[Rockemsock]

Our industry is doing very well actually, (video game, home entertainment) which is to be expected. It seems during economic downturns people still spend money on home entertainment, if not moreso than usual…not sure if it’ll last, but that has been the case in the past.

There are a few companies that have closed their doors recently, but that is par for the course in game development. A few have also recently opened up shop and are hiring. In fact, we’re having a bit of trouble hiring for some of our more senior positions because there is a bit of competition among employers.

Last week, i was talking with a couple friends about the weakening dollar and the possible effect it would have on outsourcing. In years past, film, television, and game development have been done in Canada (and other places) because it was cheaper. As the dollar declines, and the cost savings decrease, will some development return to the US? There are plenty more factors that need to be considered, but it was food for our conversation.

[Rockemsock]

Our industry is doing very well actually, (video game, home entertainment) which is to be expected. It seems during economic downturns people still spend money on home entertainment, if not moreso than usual…not sure if it’ll last, but that has been the case in the past.

There are a few companies that have closed their doors recently, but that is par for the course in game development. A few have also recently opened up shop and are hiring. In fact, we’re having a bit of trouble hiring for some of our more senior positions because there is a bit of competition among employers.

Last week, i was talking with a couple friends about the weakening dollar and the possible effect it would have on outsourcing. In years past, film, television, and game development have been done in Canada (and other places) because it was cheaper. As the dollar declines, and the cost savings decrease, will some development return to the US? There are plenty more factors that need to be considered, but it was food for our conversation.

[Rockemsock]

Our industry is doing very well actually, (video game, home entertainment) which is to be expected. It seems during economic downturns people still spend money on home entertainment, if not moreso than usual…not sure if it’ll last, but that has been the case in the past.

There are a few companies that have closed their doors recently, but that is par for the course in game development. A few have also recently opened up shop and are hiring. In fact, we’re having a bit of trouble hiring for some of our more senior positions because there is a bit of competition among employers.

Last week, i was talking with a couple friends about the weakening dollar and the possible effect it would have on outsourcing. In years past, film, television, and game development have been done in Canada (and other places) because it was cheaper. As the dollar declines, and the cost savings decrease, will some development return to the US? There are plenty more factors that need to be considered, but it was food for our conversation.

[SD Transplant]

Guess who else is feeling it?

Source: Union Tribune
By Mae Anderson
ASSOCIATED PRESS

6:58 a.m. February 20, 2008

NEW YORK – Troubled retailers Sharper Image Corp. and Lillian Vernon Corp. have filed for bankruptcy, pointing to the effects of a weak holiday season and a struggling economy.
Both Sharper Image, known for its high-tech novelty gadgets, and Lillian Vernon, which sells low-cost gifts and gadgets through its catalog and Web site, have long been plagued with falling sales…..

http://www.signonsandiego.com/news/business/20080220-0658-retailbankruptcies.html

[SD Transplant]

Guess who else is feeling it?

Source: Union Tribune
By Mae Anderson
ASSOCIATED PRESS

6:58 a.m. February 20, 2008

NEW YORK – Troubled retailers Sharper Image Corp. and Lillian Vernon Corp. have filed for bankruptcy, pointing to the effects of a weak holiday season and a struggling economy.
Both Sharper Image, known for its high-tech novelty gadgets, and Lillian Vernon, which sells low-cost gifts and gadgets through its catalog and Web site, have long been plagued with falling sales…..

http://www.signonsandiego.com/news/business/20080220-0658-retailbankruptcies.html

[SD Transplant]

Guess who else is feeling it?

Source: Union Tribune
By Mae Anderson
ASSOCIATED PRESS

6:58 a.m. February 20, 2008

NEW YORK – Troubled retailers Sharper Image Corp. and Lillian Vernon Corp. have filed for bankruptcy, pointing to the effects of a weak holiday season and a struggling economy.
Both Sharper Image, known for its high-tech novelty gadgets, and Lillian Vernon, which sells low-cost gifts and gadgets through its catalog and Web site, have long been plagued with falling sales…..

http://www.signonsandiego.com/news/business/20080220-0658-retailbankruptcies.html

[SD Transplant]

Guess who else is feeling it?

Source: Union Tribune
By Mae Anderson
ASSOCIATED PRESS

6:58 a.m. February 20, 2008

NEW YORK – Troubled retailers Sharper Image Corp. and Lillian Vernon Corp. have filed for bankruptcy, pointing to the effects of a weak holiday season and a struggling economy.
Both Sharper Image, known for its high-tech novelty gadgets, and Lillian Vernon, which sells low-cost gifts and gadgets through its catalog and Web site, have long been plagued with falling sales…..

http://www.signonsandiego.com/news/business/20080220-0658-retailbankruptcies.html

[surveyor]

Feeling you!!!

My outer circle has been feeling it since Christmas – my wife and I are notorious cheapskates, but we did notice the other members of our families being pretty modest with their choice of Christmas presents.

For my family, our finances are actually in pretty good shape. Our employers are doing well, all things considered. With the start of the new year, I was looking to see what expenses we can lower (not much, but it was worth a look – I’m planning to bring my lunches to work, but it’s more because I’m trying to get more work done as opposed to trying to save money). There are things that the wife would definitely like to eliminate (like my monthly comic book run and cable TV), but that’s not going to happen unless we’re in dire straits I told her. Lakers are going deep into the playoffs and there’s just no way I’m missing that this year. 🙂

I do feel that things are really bad out there, but that’s because I read blogs like this and then I start worrying. I have to actually step outside of this blog and look at my situation and realize that at least for me, things are good and that my long range plans are proceeding as planned.

Still, I will admit that I am seeing signs of stress in other people.

[Aecetia]

I guess we will know that things are getting really bad when people sell the stuff they store in their storage units…

[Aecetia]

I guess we will know that things are getting really bad when people sell the stuff they store in their storage units…

[Aecetia]

I guess we will know that things are getting really bad when people sell the stuff they store in their storage units…

[Aecetia]

I guess we will know that things are getting really bad when people sell the stuff they store in their storage units…

[Aecetia]

I guess we will know that things are getting really bad when people sell the stuff they store in their storage units…

[HereWeGo]

The JCP earnings and guidance will be interesting. Does JCP benefit from a recession as a lower cost retailer, or do they get whacked just for being a retailer?

Hmm.

[Coronita]

JCP, lower end retail, most likely will get hit if not now, as the recession continues…just like walmart, target, sears, etc, as discretionary spending will dry up on lower income, both from inflation and from any job loss. 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[nostradamus]

Maxim just shut down their San Diego technology center and laid off pretty much everyone… Not Maxim the magazine but Maxim IC, the semiconductor company. I think it’s only about 15 or so people.

[nostradamus]

Maxim just shut down their San Diego technology center and laid off pretty much everyone… Not Maxim the magazine but Maxim IC, the semiconductor company. I think it’s only about 15 or so people.

[nostradamus]

Maxim just shut down their San Diego technology center and laid off pretty much everyone… Not Maxim the magazine but Maxim IC, the semiconductor company. I think it’s only about 15 or so people.

[nostradamus]

Maxim just shut down their San Diego technology center and laid off pretty much everyone… Not Maxim the magazine but Maxim IC, the semiconductor company. I think it’s only about 15 or so people.

[nostradamus]

Maxim just shut down their San Diego technology center and laid off pretty much everyone… Not Maxim the magazine but Maxim IC, the semiconductor company. I think it’s only about 15 or so people.

[Coronita]

JCP, lower end retail, most likely will get hit if not now, as the recession continues…just like walmart, target, sears, etc, as discretionary spending will dry up on lower income, both from inflation and from any job loss. 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

JCP, lower end retail, most likely will get hit if not now, as the recession continues…just like walmart, target, sears, etc, as discretionary spending will dry up on lower income, both from inflation and from any job loss. 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

JCP, lower end retail, most likely will get hit if not now, as the recession continues…just like walmart, target, sears, etc, as discretionary spending will dry up on lower income, both from inflation and from any job loss. 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

JCP, lower end retail, most likely will get hit if not now, as the recession continues…just like walmart, target, sears, etc, as discretionary spending will dry up on lower income, both from inflation and from any job loss. 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[HereWeGo]

The JCP earnings and guidance will be interesting. Does JCP benefit from a recession as a lower cost retailer, or do they get whacked just for being a retailer?

Hmm.

[HereWeGo]

The JCP earnings and guidance will be interesting. Does JCP benefit from a recession as a lower cost retailer, or do they get whacked just for being a retailer?

Hmm.

[HereWeGo]

The JCP earnings and guidance will be interesting. Does JCP benefit from a recession as a lower cost retailer, or do they get whacked just for being a retailer?

Hmm.

[HereWeGo]

The JCP earnings and guidance will be interesting. Does JCP benefit from a recession as a lower cost retailer, or do they get whacked just for being a retailer?

Hmm.

[surveyor]

Feeling you!!!

My outer circle has been feeling it since Christmas – my wife and I are notorious cheapskates, but we did notice the other members of our families being pretty modest with their choice of Christmas presents.

For my family, our finances are actually in pretty good shape. Our employers are doing well, all things considered. With the start of the new year, I was looking to see what expenses we can lower (not much, but it was worth a look – I’m planning to bring my lunches to work, but it’s more because I’m trying to get more work done as opposed to trying to save money). There are things that the wife would definitely like to eliminate (like my monthly comic book run and cable TV), but that’s not going to happen unless we’re in dire straits I told her. Lakers are going deep into the playoffs and there’s just no way I’m missing that this year. 🙂

I do feel that things are really bad out there, but that’s because I read blogs like this and then I start worrying. I have to actually step outside of this blog and look at my situation and realize that at least for me, things are good and that my long range plans are proceeding as planned.

Still, I will admit that I am seeing signs of stress in other people.

[surveyor]

Feeling you!!!

My outer circle has been feeling it since Christmas – my wife and I are notorious cheapskates, but we did notice the other members of our families being pretty modest with their choice of Christmas presents.

For my family, our finances are actually in pretty good shape. Our employers are doing well, all things considered. With the start of the new year, I was looking to see what expenses we can lower (not much, but it was worth a look – I’m planning to bring my lunches to work, but it’s more because I’m trying to get more work done as opposed to trying to save money). There are things that the wife would definitely like to eliminate (like my monthly comic book run and cable TV), but that’s not going to happen unless we’re in dire straits I told her. Lakers are going deep into the playoffs and there’s just no way I’m missing that this year. 🙂

I do feel that things are really bad out there, but that’s because I read blogs like this and then I start worrying. I have to actually step outside of this blog and look at my situation and realize that at least for me, things are good and that my long range plans are proceeding as planned.

Still, I will admit that I am seeing signs of stress in other people.

[surveyor]

Feeling you!!!

My outer circle has been feeling it since Christmas – my wife and I are notorious cheapskates, but we did notice the other members of our families being pretty modest with their choice of Christmas presents.

For my family, our finances are actually in pretty good shape. Our employers are doing well, all things considered. With the start of the new year, I was looking to see what expenses we can lower (not much, but it was worth a look – I’m planning to bring my lunches to work, but it’s more because I’m trying to get more work done as opposed to trying to save money). There are things that the wife would definitely like to eliminate (like my monthly comic book run and cable TV), but that’s not going to happen unless we’re in dire straits I told her. Lakers are going deep into the playoffs and there’s just no way I’m missing that this year. 🙂

I do feel that things are really bad out there, but that’s because I read blogs like this and then I start worrying. I have to actually step outside of this blog and look at my situation and realize that at least for me, things are good and that my long range plans are proceeding as planned.

Still, I will admit that I am seeing signs of stress in other people.

[surveyor]

Feeling you!!!

My outer circle has been feeling it since Christmas – my wife and I are notorious cheapskates, but we did notice the other members of our families being pretty modest with their choice of Christmas presents.

For my family, our finances are actually in pretty good shape. Our employers are doing well, all things considered. With the start of the new year, I was looking to see what expenses we can lower (not much, but it was worth a look – I’m planning to bring my lunches to work, but it’s more because I’m trying to get more work done as opposed to trying to save money). There are things that the wife would definitely like to eliminate (like my monthly comic book run and cable TV), but that’s not going to happen unless we’re in dire straits I told her. Lakers are going deep into the playoffs and there’s just no way I’m missing that this year. 🙂

I do feel that things are really bad out there, but that’s because I read blogs like this and then I start worrying. I have to actually step outside of this blog and look at my situation and realize that at least for me, things are good and that my long range plans are proceeding as planned.

Still, I will admit that I am seeing signs of stress in other people.

[Coronita]

I haven't felt the inflation/recession issue as much here in San Diego(yet). But I definitely felt the hit to the dollar last week when I was in Spain.

Though, I would say, it seems like some Europeans are as concerned about the economy and concerned about slowdowns there too. There were plenty of sales in nice stores, but even with those discounts, the dollar's so weak, there wasn't much incentive to buy out there….

One thing though. Just by looking I could definitely tell which people were locals and which people were american tourists.. 🙂

 I do though sense more caution among my own sphere of friends. I myself am buttoning down a bit, in anticipating of more economic issues here.

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I haven't felt the inflation/recession issue as much here in San Diego(yet). But I definitely felt the hit to the dollar last week when I was in Spain.

Though, I would say, it seems like some Europeans are as concerned about the economy and concerned about slowdowns there too. There were plenty of sales in nice stores, but even with those discounts, the dollar's so weak, there wasn't much incentive to buy out there….

One thing though. Just by looking I could definitely tell which people were locals and which people were american tourists.. 🙂

 I do though sense more caution among my own sphere of friends. I myself am buttoning down a bit, in anticipating of more economic issues here.

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I haven't felt the inflation/recession issue as much here in San Diego(yet). But I definitely felt the hit to the dollar last week when I was in Spain.

Though, I would say, it seems like some Europeans are as concerned about the economy and concerned about slowdowns there too. There were plenty of sales in nice stores, but even with those discounts, the dollar's so weak, there wasn't much incentive to buy out there….

One thing though. Just by looking I could definitely tell which people were locals and which people were american tourists.. 🙂

 I do though sense more caution among my own sphere of friends. I myself am buttoning down a bit, in anticipating of more economic issues here.

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I haven't felt the inflation/recession issue as much here in San Diego(yet). But I definitely felt the hit to the dollar last week when I was in Spain.

Though, I would say, it seems like some Europeans are as concerned about the economy and concerned about slowdowns there too. There were plenty of sales in nice stores, but even with those discounts, the dollar's so weak, there wasn't much incentive to buy out there….

One thing though. Just by looking I could definitely tell which people were locals and which people were american tourists.. 🙂

 I do though sense more caution among my own sphere of friends. I myself am buttoning down a bit, in anticipating of more economic issues here.

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[condogrrl]

“slower consumer spending” at Starbucks…

From NY Times:

Cuts at Starbucks
By REUTERS
Published: February 22, 2008
Starbucks eliminated 600 jobs Thursday in an effort to refocus its coffee-selling business to reignite growth.
The cuts included 220 layoffs of employees in Seattle who performed a variety of duties from finance to design and marketing, a company spokeswoman, Valerie O’Neil, said. She said the company had also eliminated 380 open positions.
Starbucks has been battered by slower consumer spending, higher costs and concerns it may have saturated its domestic market

[Aecetia]

$tarbuck$ needs to cut the price of a cup of coffee if they plan to compete.

[afx114]

I’ll tell you what I’m NOT feeling… interest income in my savings accounts.

[Wickedheart]

“I’ll tell you what I’m NOT feeling… interest income in my savings accounts.”

I hear ya. 6 months ago I got 5.50% APY this week it’s rolling over to 3.50%. They have a 5 month for 3.75%. Best CD rate I saw on bankrate was 3.90 from La Jolla Bank. Most of the local rates were worse, much worse. 🙁 I got nothin’ to convince them to bump it up, really. It’s not worth it to me to pull our money for .15

[SD Transplant]

I guess San Diego is feeling it allright

from today’s UT

“By Emmet Pierce
UNION-TRIBUNE STAFF WRITER

12:00 p.m. July 22, 2008

Distressed mortgages continued to put a drag on the troubled economy in June as 1,838 homes in San Diego County went into foreclosure, an 18 percent increase over the previous month and a 180 percent increase over June 2007, DataQuick Information Systems reported Tuesday.

June marked the 39th consecutive month of year-over-year increases for both foreclosures and notices of default, the start of the foreclosure process. June notices of default reached 3,083, a drop of nearly 2 percent from May but a rise of 93 percent from a year earlier. ”

http://www.signonsandiego.com/news/business/20080722-1200-bn22default.html

Now if we put this into a bigger context, such as jobs lost (see Rich’s research) and also 1st hand experience/sentiment…..it’s getting uglyer by the minute.

[SD Transplant]

Here is the best sign of the times :). This poor guy wants his deposit money back.

“Credit-crunched Russian billionaire asks for the £39million deposit he put down on world’s most expensive house.
A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Mikhail Prokhmorov – who is Russia’s richest an and is worth £9.8billion – offered £500million to buy Villa Leopolda on the French Riviera last August.

But since then the 48-year-old metal tycoon has lost billions thanks to the international financial crisis.”

http://www.dailymail.co.uk/news/worldnews/article-1148887/Credit-crunched-Russian-billionaire-asks-39million-deposit-worlds-expensive-house.html

[SD Transplant]

Here is the best sign of the times :). This poor guy wants his deposit money back.

“Credit-crunched Russian billionaire asks for the £39million deposit he put down on world’s most expensive house.
A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Mikhail Prokhmorov – who is Russia’s richest an and is worth £9.8billion – offered £500million to buy Villa Leopolda on the French Riviera last August.

But since then the 48-year-old metal tycoon has lost billions thanks to the international financial crisis.”

http://www.dailymail.co.uk/news/worldnews/article-1148887/Credit-crunched-Russian-billionaire-asks-39million-deposit-worlds-expensive-house.html

[SD Transplant]

Here is the best sign of the times :). This poor guy wants his deposit money back.

“Credit-crunched Russian billionaire asks for the £39million deposit he put down on world’s most expensive house.
A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Mikhail Prokhmorov – who is Russia’s richest an and is worth £9.8billion – offered £500million to buy Villa Leopolda on the French Riviera last August.

But since then the 48-year-old metal tycoon has lost billions thanks to the international financial crisis.”

http://www.dailymail.co.uk/news/worldnews/article-1148887/Credit-crunched-Russian-billionaire-asks-39million-deposit-worlds-expensive-house.html

[SD Transplant]

Here is the best sign of the times :). This poor guy wants his deposit money back.

“Credit-crunched Russian billionaire asks for the £39million deposit he put down on world’s most expensive house.
A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Mikhail Prokhmorov – who is Russia’s richest an and is worth £9.8billion – offered £500million to buy Villa Leopolda on the French Riviera last August.

But since then the 48-year-old metal tycoon has lost billions thanks to the international financial crisis.”

http://www.dailymail.co.uk/news/worldnews/article-1148887/Credit-crunched-Russian-billionaire-asks-39million-deposit-worlds-expensive-house.html

[SD Transplant]

Here is the best sign of the times :). This poor guy wants his deposit money back.

“Credit-crunched Russian billionaire asks for the £39million deposit he put down on world’s most expensive house.
A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Mikhail Prokhmorov – who is Russia’s richest an and is worth £9.8billion – offered £500million to buy Villa Leopolda on the French Riviera last August.

But since then the 48-year-old metal tycoon has lost billions thanks to the international financial crisis.”

http://www.dailymail.co.uk/news/worldnews/article-1148887/Credit-crunched-Russian-billionaire-asks-39million-deposit-worlds-expensive-house.html

[SD Transplant]

I guess San Diego is feeling it allright

from today’s UT

“By Emmet Pierce
UNION-TRIBUNE STAFF WRITER

12:00 p.m. July 22, 2008

Distressed mortgages continued to put a drag on the troubled economy in June as 1,838 homes in San Diego County went into foreclosure, an 18 percent increase over the previous month and a 180 percent increase over June 2007, DataQuick Information Systems reported Tuesday.

June marked the 39th consecutive month of year-over-year increases for both foreclosures and notices of default, the start of the foreclosure process. June notices of default reached 3,083, a drop of nearly 2 percent from May but a rise of 93 percent from a year earlier. ”

http://www.signonsandiego.com/news/business/20080722-1200-bn22default.html

Now if we put this into a bigger context, such as jobs lost (see Rich’s research) and also 1st hand experience/sentiment…..it’s getting uglyer by the minute.

[SD Transplant]

I guess San Diego is feeling it allright

from today’s UT

“By Emmet Pierce
UNION-TRIBUNE STAFF WRITER

12:00 p.m. July 22, 2008

Distressed mortgages continued to put a drag on the troubled economy in June as 1,838 homes in San Diego County went into foreclosure, an 18 percent increase over the previous month and a 180 percent increase over June 2007, DataQuick Information Systems reported Tuesday.

June marked the 39th consecutive month of year-over-year increases for both foreclosures and notices of default, the start of the foreclosure process. June notices of default reached 3,083, a drop of nearly 2 percent from May but a rise of 93 percent from a year earlier. ”

http://www.signonsandiego.com/news/business/20080722-1200-bn22default.html

Now if we put this into a bigger context, such as jobs lost (see Rich’s research) and also 1st hand experience/sentiment…..it’s getting uglyer by the minute.

[SD Transplant]

I guess San Diego is feeling it allright

from today’s UT

“By Emmet Pierce
UNION-TRIBUNE STAFF WRITER

12:00 p.m. July 22, 2008

Distressed mortgages continued to put a drag on the troubled economy in June as 1,838 homes in San Diego County went into foreclosure, an 18 percent increase over the previous month and a 180 percent increase over June 2007, DataQuick Information Systems reported Tuesday.

June marked the 39th consecutive month of year-over-year increases for both foreclosures and notices of default, the start of the foreclosure process. June notices of default reached 3,083, a drop of nearly 2 percent from May but a rise of 93 percent from a year earlier. ”

http://www.signonsandiego.com/news/business/20080722-1200-bn22default.html

Now if we put this into a bigger context, such as jobs lost (see Rich’s research) and also 1st hand experience/sentiment…..it’s getting uglyer by the minute.

[SD Transplant]

I guess San Diego is feeling it allright

from today’s UT

“By Emmet Pierce
UNION-TRIBUNE STAFF WRITER

12:00 p.m. July 22, 2008

Distressed mortgages continued to put a drag on the troubled economy in June as 1,838 homes in San Diego County went into foreclosure, an 18 percent increase over the previous month and a 180 percent increase over June 2007, DataQuick Information Systems reported Tuesday.

June marked the 39th consecutive month of year-over-year increases for both foreclosures and notices of default, the start of the foreclosure process. June notices of default reached 3,083, a drop of nearly 2 percent from May but a rise of 93 percent from a year earlier. ”

http://www.signonsandiego.com/news/business/20080722-1200-bn22default.html

Now if we put this into a bigger context, such as jobs lost (see Rich’s research) and also 1st hand experience/sentiment…..it’s getting uglyer by the minute.

[svelte]

[quote=Wickedheart] 6 months ago I got 5.50% APY this week it’s rolling over to 3.50%. They have a 5 month for 3.75%. Best CD rate I saw on bankrate was 3.90 from La Jolla Bank. [/quote]

Ahhhhhh. The good old days. 🙂

[TheBreeze]

I’ve noticed that McDonald’s prices have gone up, but when I go to middle- and higher-end restaurants, the prices seem to be the same.

[afx114]

[quote=TheBreeze]I’ve noticed that McDonald’s prices have gone up, but when I go to middle- and higher-end restaurants, the prices seem to be the same.[/quote]

I went to Jack In The Crack today and spent nearly $8.00 on a freakin’ salad and an iced tea. Are you fucking kidding me?

[macromaniac]

I think it wise to be stocking up on food as much as possible. I hit Costco the other day and dropped some big money on canned goods and water. This seems to me to be a good investment right now as the drought will have an effect on food prices come spring ….

Not to mention, if people start losing it and fear really kicks in here…

[scaredyclassic]

food is good.

tax free gains. pretty neat.

agriculatural etf?

DBA

not tax free

feels unlikely food is going down.

[scaredyclassic]

food is good.

tax free gains. pretty neat.

agriculatural etf?

DBA

not tax free

feels unlikely food is going down.

[scaredyclassic]

food is good.

tax free gains. pretty neat.

agriculatural etf?

DBA

not tax free

feels unlikely food is going down.

[scaredyclassic]

food is good.

tax free gains. pretty neat.

agriculatural etf?

DBA

not tax free

feels unlikely food is going down.

[scaredyclassic]

food is good.

tax free gains. pretty neat.

agriculatural etf?

DBA

not tax free

feels unlikely food is going down.

[macromaniac]

I think it wise to be stocking up on food as much as possible. I hit Costco the other day and dropped some big money on canned goods and water. This seems to me to be a good investment right now as the drought will have an effect on food prices come spring ….

Not to mention, if people start losing it and fear really kicks in here…

[macromaniac]

I think it wise to be stocking up on food as much as possible. I hit Costco the other day and dropped some big money on canned goods and water. This seems to me to be a good investment right now as the drought will have an effect on food prices come spring ….

Not to mention, if people start losing it and fear really kicks in here…

[macromaniac]

I think it wise to be stocking up on food as much as possible. I hit Costco the other day and dropped some big money on canned goods and water. This seems to me to be a good investment right now as the drought will have an effect on food prices come spring ….

Not to mention, if people start losing it and fear really kicks in here…

[macromaniac]

I think it wise to be stocking up on food as much as possible. I hit Costco the other day and dropped some big money on canned goods and water. This seems to me to be a good investment right now as the drought will have an effect on food prices come spring ….

Not to mention, if people start losing it and fear really kicks in here…

[afx114]

[quote=TheBreeze]I’ve noticed that McDonald’s prices have gone up, but when I go to middle- and higher-end restaurants, the prices seem to be the same.[/quote]

I went to Jack In The Crack today and spent nearly $8.00 on a freakin’ salad and an iced tea. Are you fucking kidding me?

[afx114]

[quote=TheBreeze]I’ve noticed that McDonald’s prices have gone up, but when I go to middle- and higher-end restaurants, the prices seem to be the same.[/quote]

I went to Jack In The Crack today and spent nearly $8.00 on a freakin’ salad and an iced tea. Are you fucking kidding me?

[afx114]

[quote=TheBreeze]I’ve noticed that McDonald’s prices have gone up, but when I go to middle- and higher-end restaurants, the prices seem to be the same.[/quote]

I went to Jack In The Crack today and spent nearly $8.00 on a freakin’ salad and an iced tea. Are you fucking kidding me?

[afx114]

[quote=TheBreeze]I’ve noticed that McDonald’s prices have gone up, but when I go to middle- and higher-end restaurants, the prices seem to be the same.[/quote]

I went to Jack In The Crack today and spent nearly $8.00 on a freakin’ salad and an iced tea. Are you fucking kidding me?

[TheBreeze]

I’ve noticed that McDonald’s prices have gone up, but when I go to middle- and higher-end restaurants, the prices seem to be the same.

[TheBreeze]

I’ve noticed that McDonald’s prices have gone up, but when I go to middle- and higher-end restaurants, the prices seem to be the same.

[TheBreeze]

I’ve noticed that McDonald’s prices have gone up, but when I go to middle- and higher-end restaurants, the prices seem to be the same.

[TheBreeze]

I’ve noticed that McDonald’s prices have gone up, but when I go to middle- and higher-end restaurants, the prices seem to be the same.

[svelte]

[quote=Wickedheart] 6 months ago I got 5.50% APY this week it’s rolling over to 3.50%. They have a 5 month for 3.75%. Best CD rate I saw on bankrate was 3.90 from La Jolla Bank. [/quote]

Ahhhhhh. The good old days. 🙂

[svelte]

[quote=Wickedheart] 6 months ago I got 5.50% APY this week it’s rolling over to 3.50%. They have a 5 month for 3.75%. Best CD rate I saw on bankrate was 3.90 from La Jolla Bank. [/quote]

Ahhhhhh. The good old days. 🙂

[svelte]

[quote=Wickedheart] 6 months ago I got 5.50% APY this week it’s rolling over to 3.50%. They have a 5 month for 3.75%. Best CD rate I saw on bankrate was 3.90 from La Jolla Bank. [/quote]

Ahhhhhh. The good old days. 🙂

[svelte]

[quote=Wickedheart] 6 months ago I got 5.50% APY this week it’s rolling over to 3.50%. They have a 5 month for 3.75%. Best CD rate I saw on bankrate was 3.90 from La Jolla Bank. [/quote]

Ahhhhhh. The good old days. 🙂

[Wickedheart]

“I’ll tell you what I’m NOT feeling… interest income in my savings accounts.”

I hear ya. 6 months ago I got 5.50% APY this week it’s rolling over to 3.50%. They have a 5 month for 3.75%. Best CD rate I saw on bankrate was 3.90 from La Jolla Bank. Most of the local rates were worse, much worse. 🙁 I got nothin’ to convince them to bump it up, really. It’s not worth it to me to pull our money for .15

[Wickedheart]

“I’ll tell you what I’m NOT feeling… interest income in my savings accounts.”

I hear ya. 6 months ago I got 5.50% APY this week it’s rolling over to 3.50%. They have a 5 month for 3.75%. Best CD rate I saw on bankrate was 3.90 from La Jolla Bank. Most of the local rates were worse, much worse. 🙁 I got nothin’ to convince them to bump it up, really. It’s not worth it to me to pull our money for .15

[Wickedheart]

“I’ll tell you what I’m NOT feeling… interest income in my savings accounts.”

I hear ya. 6 months ago I got 5.50% APY this week it’s rolling over to 3.50%. They have a 5 month for 3.75%. Best CD rate I saw on bankrate was 3.90 from La Jolla Bank. Most of the local rates were worse, much worse. 🙁 I got nothin’ to convince them to bump it up, really. It’s not worth it to me to pull our money for .15

[Wickedheart]

“I’ll tell you what I’m NOT feeling… interest income in my savings accounts.”

I hear ya. 6 months ago I got 5.50% APY this week it’s rolling over to 3.50%. They have a 5 month for 3.75%. Best CD rate I saw on bankrate was 3.90 from La Jolla Bank. Most of the local rates were worse, much worse. 🙁 I got nothin’ to convince them to bump it up, really. It’s not worth it to me to pull our money for .15

[afx114]

I’ll tell you what I’m NOT feeling… interest income in my savings accounts.

[afx114]

I’ll tell you what I’m NOT feeling… interest income in my savings accounts.

[afx114]

I’ll tell you what I’m NOT feeling… interest income in my savings accounts.

[afx114]

I’ll tell you what I’m NOT feeling… interest income in my savings accounts.

[Aecetia]

$tarbuck$ needs to cut the price of a cup of coffee if they plan to compete.

[Aecetia]

$tarbuck$ needs to cut the price of a cup of coffee if they plan to compete.

[Aecetia]

$tarbuck$ needs to cut the price of a cup of coffee if they plan to compete.

[Aecetia]

$tarbuck$ needs to cut the price of a cup of coffee if they plan to compete.

[condogrrl]

“slower consumer spending” at Starbucks…

From NY Times:

Cuts at Starbucks
By REUTERS
Published: February 22, 2008
Starbucks eliminated 600 jobs Thursday in an effort to refocus its coffee-selling business to reignite growth.
The cuts included 220 layoffs of employees in Seattle who performed a variety of duties from finance to design and marketing, a company spokeswoman, Valerie O’Neil, said. She said the company had also eliminated 380 open positions.
Starbucks has been battered by slower consumer spending, higher costs and concerns it may have saturated its domestic market

[condogrrl]

“slower consumer spending” at Starbucks…

From NY Times:

Cuts at Starbucks
By REUTERS
Published: February 22, 2008
Starbucks eliminated 600 jobs Thursday in an effort to refocus its coffee-selling business to reignite growth.
The cuts included 220 layoffs of employees in Seattle who performed a variety of duties from finance to design and marketing, a company spokeswoman, Valerie O’Neil, said. She said the company had also eliminated 380 open positions.
Starbucks has been battered by slower consumer spending, higher costs and concerns it may have saturated its domestic market

[condogrrl]

“slower consumer spending” at Starbucks…

From NY Times:

Cuts at Starbucks
By REUTERS
Published: February 22, 2008
Starbucks eliminated 600 jobs Thursday in an effort to refocus its coffee-selling business to reignite growth.
The cuts included 220 layoffs of employees in Seattle who performed a variety of duties from finance to design and marketing, a company spokeswoman, Valerie O’Neil, said. She said the company had also eliminated 380 open positions.
Starbucks has been battered by slower consumer spending, higher costs and concerns it may have saturated its domestic market

[condogrrl]

“slower consumer spending” at Starbucks…

From NY Times:

Cuts at Starbucks
By REUTERS
Published: February 22, 2008
Starbucks eliminated 600 jobs Thursday in an effort to refocus its coffee-selling business to reignite growth.
The cuts included 220 layoffs of employees in Seattle who performed a variety of duties from finance to design and marketing, a company spokeswoman, Valerie O’Neil, said. She said the company had also eliminated 380 open positions.
Starbucks has been battered by slower consumer spending, higher costs and concerns it may have saturated its domestic market

[AK]

I’m figuring on zero raises for the next few years, and a fair chance of a pay cut. The pension plan was once fully funded but was then taken over by incompetent idiots, who “diversified” into mortgage-backed securities and index funds.

One car is long since paid for, the other nearly paid off. Both are fundamentally sound and reliable vehicles, but both are starting to cost me dearly in maintenance and repairs from general wear and tear.

I see my once-healthy diet starting to slip as the prices of fresh fruits and vegetables continue to rise. Time to skip the baby bok choy and stick to cabbage, carrots, and celery.

But I do have a cheap gym membership … gotta stay healthy because the way things are going, there’s a non-negligible chance that I’ll have to support the older generation.

But at least the state’s been getting a little bit of rain and snow. Can’t complain about that.

[AK]

I’m figuring on zero raises for the next few years, and a fair chance of a pay cut. The pension plan was once fully funded but was then taken over by incompetent idiots, who “diversified” into mortgage-backed securities and index funds.

One car is long since paid for, the other nearly paid off. Both are fundamentally sound and reliable vehicles, but both are starting to cost me dearly in maintenance and repairs from general wear and tear.

I see my once-healthy diet starting to slip as the prices of fresh fruits and vegetables continue to rise. Time to skip the baby bok choy and stick to cabbage, carrots, and celery.

But I do have a cheap gym membership … gotta stay healthy because the way things are going, there’s a non-negligible chance that I’ll have to support the older generation.

But at least the state’s been getting a little bit of rain and snow. Can’t complain about that.

[AK]

I’m figuring on zero raises for the next few years, and a fair chance of a pay cut. The pension plan was once fully funded but was then taken over by incompetent idiots, who “diversified” into mortgage-backed securities and index funds.

One car is long since paid for, the other nearly paid off. Both are fundamentally sound and reliable vehicles, but both are starting to cost me dearly in maintenance and repairs from general wear and tear.

I see my once-healthy diet starting to slip as the prices of fresh fruits and vegetables continue to rise. Time to skip the baby bok choy and stick to cabbage, carrots, and celery.

But I do have a cheap gym membership … gotta stay healthy because the way things are going, there’s a non-negligible chance that I’ll have to support the older generation.

But at least the state’s been getting a little bit of rain and snow. Can’t complain about that.

[AK]

I’m figuring on zero raises for the next few years, and a fair chance of a pay cut. The pension plan was once fully funded but was then taken over by incompetent idiots, who “diversified” into mortgage-backed securities and index funds.

One car is long since paid for, the other nearly paid off. Both are fundamentally sound and reliable vehicles, but both are starting to cost me dearly in maintenance and repairs from general wear and tear.

I see my once-healthy diet starting to slip as the prices of fresh fruits and vegetables continue to rise. Time to skip the baby bok choy and stick to cabbage, carrots, and celery.

But I do have a cheap gym membership … gotta stay healthy because the way things are going, there’s a non-negligible chance that I’ll have to support the older generation.

But at least the state’s been getting a little bit of rain and snow. Can’t complain about that.

[AK]

I’m figuring on zero raises for the next few years, and a fair chance of a pay cut. The pension plan was once fully funded but was then taken over by incompetent idiots, who “diversified” into mortgage-backed securities and index funds.

One car is long since paid for, the other nearly paid off. Both are fundamentally sound and reliable vehicles, but both are starting to cost me dearly in maintenance and repairs from general wear and tear.

I see my once-healthy diet starting to slip as the prices of fresh fruits and vegetables continue to rise. Time to skip the baby bok choy and stick to cabbage, carrots, and celery.

But I do have a cheap gym membership … gotta stay healthy because the way things are going, there’s a non-negligible chance that I’ll have to support the older generation.

But at least the state’s been getting a little bit of rain and snow. Can’t complain about that.

[Author]

Posts