A List of Companies Going Out of Business and How to Overcome the Recession and Unemployment Rate

Home Depot - A List of Companies Going Out of Business and How to Overcome the Recession and Unemployment Rate

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Due to the continued decline of our current economy, many businesses are being forced to either go out of business, claim bankruptcy, or scale back in production and store sales. This is of course adding to the current rate of unemployment and stress for millions of people around the world. Many people are searching the internet, desperately scouring for a list of companies going out of business to see if their jobs are also at risk. I have done some research and here is some of what I've found as well as some options for what to do if this has affected you.

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List of Companies Going Out of Business:

-Circuit City (filed Chapter 11)
-Linens N' Things
-Wickes Furniture Store
-Levitz Furniture Store
-J.Jill
-Cache

Companies Scaling Back and with extensive Store Closings:

-Dillard's
-KB Toys
-Home Depot
-The Sharper Image
-Ethan Allen Interiors
-J.C. Penney
-Lowe's
-Office Depot
-Sprint Nextel
-Macy's
-Foot Locker
-GAP
-Talbots
-Eddie Bauer
-Ann Taylor

Unfortunately, the longer this article stays in circulation, the higher the likelihood that by the time you read this, the list will have grown.

What To Do if this List of Companies Going Out of Business, or Store Closings has Affected You and Your Job:

According to business and finance tycoon, Robert Kiyosaki, one of the most effective ways to work towards true financial security during this economic recession is to own your own business. As a matter of fact, with the rising rates of unemployment, the prospect of owning a home business and being your own boss has never been as appealing and popular as it is right now. If you really think about it, when you consider the recession that we are experiencing right now and the changing job markets, it is more important than ever that the general public is educated, made aware and able to change their approach to personal finance and business.

Another important point is that the world is thrusting further and further ahead into the Information Age and as such, owning an online business to take advantage of this progress is the best tactic for keeping up and staying ahead of the game.

If this list of companies going out of business and the current unemployment rate has had a personal affect on you, then I would absolutely recommend looking into and taking advantage of the benefits of owning a business in the Internet and Online Marketing Industry. There could be no better time than now to take control of your financial future. Don't just leave your personal financial success in the hands of the economy. Take this opportunity now to explore your best options for starting a business and making money at home. Start working now towards financial freedom and massive success. I am personal proof that it can be done!

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