Walmart is starting to close stores....

CrimsonTider

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They are not allowed to handle shoplifters in some states. They won’t even get charged if the merchandise is under a certain amount. People know they can get away with it.
Ok

I’ve stated plenty of times how excusing and ignoring crime is not for the betterment of society
 

Yapdatfool

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Remember when Walgreens made that stink last year about retail theft and how it was leading to store closures?



Walmart’s chief executive, Doug McMillon, told CNBC in December that an increase in shoplifting could lead the company to close stores. In November, Target’s chief financial officer, Michael Fiddelke, said shrinkage had reduced the company’s profit margin by more than $400 million in 2022. Mr. Fiddelke did not specify how much of the shrinkage was from shoplifting.

Alec Karakatsanis, the founder and executive director of Civil Rights Corps, a nonprofit that fights for criminal justice reform, said that Mr. Kehoe’s backtracking showed why the public, and the news media, should be more critical of corporate claims about crime.

“I think unfortunately across the United States, the reporting on this issue really lacked this kind of skepticism for a long time,”
Mr. Karakatsanis said.
 

Wildhundreds

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:manny:

Walmart built up then closed near 76th and Brown Deer only to relocate at the address above?

Because Walmart doesn't want any competition around them. I've looked up the locations listed in this thread thats closing around me. And the ones thats closing have competition around them. So even if these Walmart's close, they still have options. I've looked at the location on Brown Deer and they have two grocery stores a Ross and other stores to fill the gap. These corporations have a strategy they're working.. They want to be the big dog, if not they fold their tents and move
 

Wildhundreds

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Remember when Walgreens made that stink last year about retail theft and how it was leading to store closures?



Walgreens is a boomer store. Sort of like Woolworth if you can remember back that far. That business model is dying so they have no other choice but to close. They're also closing some of their Deerfield Illinois corporate offices as we speak.
 

El Bombi

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Walmart lost me when they no longer had 24/7 hour stores :camby:there was nothing like going to Walmart at 2am when nobody was in there, when they started cutting store hours way before the pandemic, they lost most of business. I'm not trying to be in there during regular hours.

This
 

winb83

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Walmart lost me when they no longer had 24/7 hour stores :camby:there was nothing like going to Walmart at 2am when nobody was in there, when they started cutting store hours way before the pandemic, they lost most of business. I'm not trying to be in there during regular hours.
That was a casualty of COVID. Our store Meijer doesn't do 24 hours anymore either.
 

Mowgli

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Good. Good time for black people to open a store


Or do we still need a hug from Walmart.
 

ROFL_GUY

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i used to pay for groceries @ the walmart

till onecday i saw a homeless person steal a backpack load it up with liquor bottles

then took a bike.. and rode out of the store ha*

now i go sumtimes .. have an old ealmart recepit grab a walmart plastic bag from self checkout ..

throw whatever in the bag and walkout..

only items from the electronic dept make the alarm go off
 
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