John Whitefoot

John Whitefoot is an editor at Lombardi Financial, specializing in low-priced investment opportunities. John has been a financial writer since the late 1990s and has written on everything from penny stocks to blue chip stocks to the broader issues that affect the stock market. John has profiled more than 1,000 low-priced stocks, researching and covering numerous sectors including health care, media, manufacturing, IT, education, hospitality, natural resources, and retail. As an editor at Lombardi Financial, John has enhanced his understanding of economics, turning his attention to individual stocks and other investing opportunities. John is primarily a fundamental analyst. His focus is on “off-the-radar” situations with big upside potential for the individual investor. Outside of his professional life, John stays active through tennis and sailing. He also enjoys collecting antiquarian books and art. You can contact John at j.whitefoot@americaclosed.com

Tops Friendly Markets in Wappingers Falls, NY Closing

Tops Friendly Markets in Wappingers Falls, NY Closing

Tops Markets, LLC filed a Worker Adjustment and Retraining Notification (WARN) report with the New York State Department of Labor, saying it will be closing its Tops Friendly Markets grocery store at 1357 Route 9 in Wappingers Falls on February 1. The company cited “economic reasons” for the permanent closure, which will leave 83 out (more…)

Keller’s Green Grocery in Sioux Falls Closes After Just One Year

Keller’s Green Grocery in Sioux Falls Closed

Keller’s Green Grocery in downtown Sioux Falls, South Dakota has shuttered its doors after just one year in business. The urban grocery, once hailed as a key development for the downtown core, closed without fanfare on Friday, November 10. Since then, neither Keller’s owners nor management have responded to interview requests. The company’s web site (more…)

More Polaris Layoffs as Company Eliminates 110 Positions

Polaris Layoffs as Part of Global Realignment

Polaris Industries Inc. (NYSE:PII) is executing its global realignment strategy, one that will affect 110 positions, including some in Medina and Plymouth, Minnesota. It also involves 170 employees who were reassigned to different departments. And, yes, there will be some Polaris layoffs. The Medina-based company said the realignment included 45 layoffs that started on October (more…)

Mandalay Bay Layoffs: Las Vegas Shooting Triggers Drop in Tourism

Mandalay Bay Layoffs, Las Vegas

Layoffs are hitting Mandalay Bay. MGM Resorts International (NYSE:MGM), the parent company of Mandalay Bay, announced it is laying off hundreds of its workers and reducing the work hours of others in the aftermath of the October 1 Las Vegas shooting. The hospitality company said the Mandalay Bay layoffs are a result of reduced occupancy rates (more…)

Saputo Inc. to Close Fond du Lac, Wisconsin Cheese Plant, Laying Off 126

Saputo Inc. Layoffs

In an effort to improve its “operational efficiency,” Saputo Inc. (TSE:SAP) announced plans to close its cheese manufacturing facility in Fond du Lac, Wisconsin. The closure will result in 126 layoffs. The closure is scheduled for May 2018. The Montreal, Canada-based dairy company said it is integrating the current production into its new blue cheese facility (more…)

Lax World Stores Closed; What Happened to the Lacrosse Retailer?

Lax World closed 16 stores

Lacrosse equipment company Lax World unexpectedly closed all of its stores across the U.S. and shut down its corporate headquarters in Cockeysville. The Maryland-based company had stores in Maryland, Virginia, New York, Georgia, Colorado, and Washington state. Despite closing all of its stores, Lax World is still taking orders online, and the company’s Facebook page makes (more…)

Marriott Layoffs 2017: 100+ Job Cuts in Stamford after Starwood Hotels & Resort Acquisition

Marriott Layoffs

Marriott International Inc (NASDAQ:MAR) continues to trim its headcount one year after acquiring Stamford, Connecticut-based Starwood Hotels and Resorts Worldwide. Marriott said it plans to lay off 107 Stamford employees in December. The hospitality company said the job cuts are part of the company’s reorganization plans and will continue into 2018. The Marriott announcement is part of (more…)

Layoffs Continue at Fortior Solutions, Formerly Known as SureID

Layoffs at Fortior

Despite the name change, layoffs continue to plague Fortior Solutions. SureID, Inc., doing business as Fortior Solutions, filed a notice with the Oregon Dislocated Worker Unit saying it is laying off 25 employees. The Fortior layoffs will take place between November 8, 2017 and January 24, 2018. In October, struggling SureID sold its name and (more…)

SSM Health Layoffs: Health Provider Cuts 350 Jobs, Strain of Acquiring Saint Louis University Hospital Continues

SSM Health Care Corp said it will be laying off 350 employees, or about one percent of its workforce. The St. Louis-based hospital also said an undisclosed amount of positions will be lost as a result of attrition. The permanent layoffs come following news the Catholic not-for-profit healthcare system needs to trim $200.0 million from (more…)

Chicago Brauhaus Closing in December, German Restaurant Adds to Growing List of Chicago Restaurants Closing in 2017

Chicago Brauhaus Closing

Chicago Brauhaus is closing its doors after serving traditional German food and beer for more than 50 years.  The German restaurant is closing on December 11, which means loyal fans have only one more month to order the Brauhaus Special, Eisbein mit Sauerkraut, or Hühner Schnitzel and listen to the dulcet tunes of the Brauhaus (more…)