Barneys and JC Penney, the end is near

Barneys of New York as they are preparing themselves for a Chapter 11 bankruptcy, they find that morale is low and vendors want their merchandise back!!! An employee who wishes to remain anonymous has stated that certain designers have asked for a return now for their merchandise bypassing the usual return to vendor (RTV). The…

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Trump going ahead with tariffs on Chinese goods

Trump said he will place a tariff on $300 billion of Chinese goods coming into the US. That just about covers all Chinese goods coming into the US. The new tariffs could hit US consumers harder than the earlier rounds. It would tax goods like iPhones and other consumer electronics, sneakers, and toys. Last year, Trump…

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