Wednesday, March 2, 2016

Recession-Proof Business Model...Really?

You've heard the term more than once, we're sure BUT, is there really such a thing?  Is there really a 'Recession-Proof' Business - especially in these changing times?

Before we answer, let's walk through some recent US Business developments, shall we?

The latest list of major retailers, like Macy's, Staples, Nordstrum, Whole Foods and Wal-mart that are closing down stores and those filing bankruptcy:
  • Macy's will soon close 36 stores and lay-off approximately 2,500 employees
  • After the loss of $580 Million dollars in the 2015 fourth quarter alone, Sears has scheduled the closing of a minimum of 50+ of its most "unprofitable stores" by the end of 2016
  • In spite of showing significant growth for decades, Kohl's now plans to shutter 18 stores by the end of this year
  • Target finalized the closing of 13 stores in the US alone
  • Plans are already underway for Office Depot to close a total of 400 stores by year's end
  • Bankruptcy filing is underway for March, 2016 for Sports Authority.  Approximately 200 of their 450 stores may close their doors, according to recent news reports, but in reality, no one really knows how many stores may end up closing
  • In 2015, Best Buy closed 30 stores, and states that more store closings are likely in the months ahead
  • Aeropostale is currently closing 84 stores across America
  • The Gap has plans to close 175 stores in North America
  • J.C. Penney will permanently shutter an additional 47 stores in 2016, after close 40 stores last year
  • K-Mart is now closing more than 24 stores over the next several months, in addition to those closed in recent years
  • Wal-Mart will shut down 269 stores, with 154 in the United States alone
  • Finish Line just announced that at least 150 stores will be closing permanently over the next few years.
  • And let's not forget the recent plummeting oil prices and ALL those job lay-offs that go with that now declining industry!
In spite of ALL these major store closings, employee lay-offs and bankruptcy filings, the international corporation we've partnered with continues to break national industry records, post record sales year after year after year, and in January, 2016 alone - had its BIGGEST sales month ever, shattering ALL previous sales records in its previous 30-year history!  

While we may not be able to claim total fame to being the only Recession-Proof business model, we're certainly considering ourselves one of the potential candidates, wouldn't you?

Ready to learn more?  Contact me Today...What are You waiting for?


Deborah Lindley/Founder
Team NEW Day.rocks

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