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Posted on 4/13/23 at 1:02 pm to nvasil1
quote:
The apathetic three-quarters of the city who stayed home on election day allowed this to happen.
This post was edited on 4/13/23 at 1:03 pm
Posted on 4/13/23 at 1:20 pm to painman1
quote:
How the hell does WalMart stores in a major metropolitan area not make a profit and lose money?
Walmart can turn 1-2 locations into distribution centers that focus on online orders. Save money by selling off properties and loss prevention will be down with inability for theft.
Posted on 4/13/23 at 2:08 pm to painman1
quote:Three of the four Walmarts that closed are neighborhood markets. These specifically sell groceries so they operate on smaller profit margins. An average Neighborhood Market store does from 18-20 mil. in sales yearly while allowing up to a 1% loss before it's considered a high shrink store. I guarantee you they were operating deeply in the red for quite a while before they made the decision.
How the hell does WalMart stores in a major metropolitan area not make a profit and lose money? A WalMart with a health center and a job training center. Sounds like they screwed the pooch. LINK
Posted on 4/13/23 at 2:26 pm to painman1
Welcome to Costco, I love you.
Posted on 4/13/23 at 2:30 pm to painman1
WalMart has lived as the major discount department store in the US about as long as any of them have...if they hadn't switched to the grocery/department store model they were probably on the road to Kmart, Zayres, WT Grant type insignificance and ultimately disappear completely. I haven't talked to anyone in 20 years that didn't despise going into a WalMart...most still do because of price but their business model ain't great in the age of Amazon...I wouldn't be surprised if more and more didn't close.
Posted on 4/13/23 at 2:46 pm to Rouge
quote:
Need to tear down and rebuild with design that greatly prevents theft. Multiple doors and hallways for exit that can be locked on both sides to hold in a thief until police arrive.
Only to be released.
Whoever came up with lopping off hands had it right.
Posted on 4/13/23 at 2:49 pm to IAmNERD
My last seven days purchases at the local Walmart included.
1 bag of radishes
1 head of iceberg lettuce
1 pack of carrot sticks
4 baking potatoes
2 six packs of diet Dr. Pepper
2 six packs of caffein free diet cokes
1 48 count pack of Wally's bottled water
4 packages of Byers Carbsmart ice cream bars
1 big container of kitty litter
1 multi-roll pack of Cottonelle toilet paper
4 cans of cream of soup
4 bags of sugar free peppermint life savers
2 big bags of Russel Stover assorted sugar free chocolate candies
As you can see, I did my part to keep this American treasure going.
1 bag of radishes
1 head of iceberg lettuce
1 pack of carrot sticks
4 baking potatoes
2 six packs of diet Dr. Pepper
2 six packs of caffein free diet cokes
1 48 count pack of Wally's bottled water
4 packages of Byers Carbsmart ice cream bars
1 big container of kitty litter
1 multi-roll pack of Cottonelle toilet paper
4 cans of cream of soup
4 bags of sugar free peppermint life savers
2 big bags of Russel Stover assorted sugar free chocolate candies
As you can see, I did my part to keep this American treasure going.
Posted on 4/13/23 at 3:04 pm 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
All of the defund the police hot spots. Who would have thought
Posted on 4/13/23 at 3:42 pm to painman1
All of the liberal democrat run cities are going the way of Detroit.
Some just faster than others.
Some just faster than others.
Posted on 4/13/23 at 3:58 pm to WWII Collector
North Baton Rouge had been trying, for years, to get a major grocery store chain to open & finally one did. It stayed open approximately 6-7 years before it closed. Given reason was rampant theft & as well, safety concerns by the employees & vendors. Employee turnover rate was extremely high due to safety concerns.
Posted on 4/13/23 at 6:37 pm to Keltic Tiger
quote:
North Baton Rouge had been trying, for years, to get a major grocery store chain to open & finally one did. It stayed open approximately 6-7 years before it closed. Given reason was rampant theft & as well, safety concerns by the employees & vendors. Employee turnover rate was extremely high due to safety concerns.
Curious what store?
Posted on 4/13/23 at 7:52 pm to Cajunhawk81
quote:
Welcome to Costco, I love you.
If Wal Mark can't make money. What makes you think Costco can? More to steal.
Posted on 4/13/23 at 8:01 pm to painman1
How in the hell are the theirs going to survive . Oh I forgot there’s always free food free cell0phones, free medical,free housing
Posted on 4/13/23 at 8:57 pm to SpotCheckBilly
quote:
If this keeps up, we will see stores reverting to the old Service Merchandise model, but with an app.
That's called Amazon.
Posted on 4/13/23 at 9:05 pm to Tusksup
quote:
This is what happens when you import the dregs of the third world. They lived in shite there and do the same here. It's not the imports doing this. Nice try though.
I thought he was talking about us importing slaves…
Posted on 4/13/23 at 9:08 pm to 45acp
quote:
not sure if it applies in this case, but at least in the past there was a fair bit of anti-walmart sentiment up in that area of the country due to the fact that they were non-union.
I can assure you that this doesn’t apply.
Posted on 4/13/23 at 9:49 pm to painman1
Virtual stores will be everywhere in 10 years. No more walking in and shopping. Pick out your purchases on a kiosk and when you pay you’ll get them delivered to you outside.
Posted on 4/13/23 at 11:19 pm to AwgustaDawg
quote:
I haven't talked to anyone in 20 years that didn't despise going into a WalMart...most still do because of price but their business model ain't great in the age of Amazon...I wouldn't be surprised if more and more didn't close.
Walmarts sales for 2022 $567.76 Billion
Walmarts minimum projected sales for:
2023-$590.47 Billion
2024-$614.08 Billion
2025-$638.64 Billion
2026-$664.18 Billion
2027-$696.33 Billion
These are low end estimates. Actually many Industry analysts would not be surprised if they were at or above
3/4 of a Trillion in sales prior to 2028.
So their business model ain't great
Posted on 4/16/23 at 6:33 am to hellsu
"Walmart tried opening smaller stores, known as neighborhood markets, that serve mostly groceries — but these lower profit margins than other merchandise like electronics or clothing. Walmart is closing neighborhood markets around the country, and three of the four stores closing in Chicago fall into that category."
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