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Message
Posted on 4/13/23 at 8:04 am to dgnx6
quote:
This is what happens when you import the dregs of the third world. They lived in shite there and do the same here.
Posted on 4/13/23 at 8:11 am to painman1
quote:
How the hell does WalMart stores in a major metropolitan area not make a profit and lose money?
Stealing
Posted on 4/13/23 at 9:08 am to Broham
Cheap Chinese stuff getting more expensive. Amazon and Dollar General.
Tight margins even tighter when people stealing.
quote:
In 2015, Fortune cited that Walmart loses roughly $3 billion annually to theft or about 1 percent of its annual sales. For fiscal 2021, Walmart reportedly generated $559 billion in revenue, which means it may have suffered more than $5 billion in losses stemming from theft.
This post was edited on 4/13/23 at 9:13 am
Posted on 4/13/23 at 9:16 am to crap4brain
quote:
When you have more theft than sales then you lose money.
This, and it's causing WalMart to close more stores in more cities with rampant theft crimes taking place.
Posted on 4/13/23 at 9:18 am to painman1
quote:doesn't equal
WalMarts close
quote:
lose money
Posted on 4/13/23 at 9:26 am to painman1
quote:Well let's see...there's shoplifting, armed robbery, arson...what else can y'all name?
How the hell does WalMart stores in a major metropolitan area not make a profit and lose money?
Posted on 4/13/23 at 9:27 am to RealDawg
quote:
Full sized store closings:
DC
Portland
Portland
Milwaukee
Chicago
Chicago
Chicago
Chicago
Minneapolis
Atlanta
Honolulu
Say it without saying it Wal-Mart
There is an Atlanta Walmart in the next neighborhood over.
The local news has shared the cries of the poor who can't easily travel the extra 7 miles to get cheap Chinese goods.
But it is only a desert in the sense that is no longer in the backyard. It is inconvenient.
But if Walmart doesn't exercise good business, it goes out of business (hello Kmart, sears, shopping malls)
Posted on 4/13/23 at 9:42 am to Tyga Woods
quote:quote:Who would steal a dumbass?
This is what happens when you steal dumbasses
Probably dumbasses who misplaced their dumbass. And because I just like this GIF
Posted on 4/13/23 at 9:48 am to Sidicous
quote:
And Mayor Beetlejuice did the usual Lib action of issuing threats to WM, Whole Foods, Aldi (WF and Aldi are pulling out of Southside Chicagostan too.) Nothing quite like threats to encourage business/industry to come to, or remain in, a locale. I.e.: "come here or else!" In this case, else what? Lose more $millions and prevent shareholders from a ROI that they should have, or, retain the money other locations earned . Tough choice!
It's easy to blame Lightfoot, but these locations may have toughed it out a little longer if Vallas had been elected.
Instead, the city elected the commie who doesn't pay his water bills or parking tickets and whose entire platform was based on taxing corporations and the "wealthy", and defunding police.
The apathetic three-quarters of the city who stayed home on election day allowed this to happen.
Posted on 4/13/23 at 10:37 am to RealDawg
Interesting little spike of where Covid money went…lots of TVs and other purchases bought up inventory they couldn’t replace cheaper.
The operating decline is just a continuation of what was happening g pre Covid.
Posted on 4/13/23 at 10:49 am to Tusksup
quote:
It's not the imports doing this. Nice try though.
We are all imports brah.
Posted on 4/13/23 at 10:53 am to painman1
Posted on 4/13/23 at 10:54 am to dgnx6
So two Walmarts are closing in Atlanta.
Used to be only Tuskegee had the honor of closing a Walmart due to theft. Whatever crime you permit, you will get more of.
If this keeps up, we will see stores reverting to the old Service Merchandise model, but with an app.
Used to be only Tuskegee had the honor of closing a Walmart due to theft. Whatever crime you permit, you will get more of.
If this keeps up, we will see stores reverting to the old Service Merchandise model, but with an app.
Posted on 4/13/23 at 11:18 am to painman1
Someone is gonna get a good deal on industrial sized floor space for a nail salon, car rim, and lotto ticket mall.
Posted on 4/13/23 at 12:12 pm to StanSmith
quote:
Seeing that really hit home how retailers are getting looted on a regular basis by the parasites that are allowed to freely roam this country
And the psychotic Lib Politicians blame the business, full on clown world.
Posted on 4/13/23 at 12:29 pm to painman1
And I would be willing to bet that almost half of the stolen merchandise is directly or indirectly related to their employees 
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