What Walmart’s pullback from Chicago says about Corporate America’s limits

Discussion in 'General Discussion' started by stg58, Apr 15, 2023.


  1. stg58

    stg58 Monkey+++ Founding Member

    The Chicago employee pension fund is in the hole over 30 billion dollars, only has enough to cover 25% of new retirees. The new mayor wants to add a $4 per employee tax for companies with HQ's in Chi-town the current budget is $1oo's of millions in the hole.
    One mayoral candidate wanted to add cops the one that won wants to "reallocate" police resources and add taxes.
    [​IMG]
    Chicago Crime, Murder & Mayhem | Criminal Infographics | HeyJackass!

    Now wally world is closing half their stores..so far. Joining Walgreens, CVS and other smart retailers
    The largest retailer in the country announced plans this week to close four of its eight stores in the city, citing growing financial losses. Three are in predominantly Black and low-income neighborhoods, and their closures with little warning mean residents — including elderly citizens and people without reliable transportation — will have to travel further to buy groceries and pick up their medications.

    “These stores lose tens of millions of dollars a year, and their annual losses nearly doubled in just the last five years,” Walmart said. Despite years of different strategies, the company said, it did not see a route to profitability for these stores. Walmart, which made $20.6 billion in 2022, did not specify why losses were growing in Chicago.
    What Walmart's pullback from Chicago says about Corporate America's limits | CNN Business
     
    Altoidfishfins and Dunerunner like this.
  2. BTPost

    BTPost Stumpy Old Fart,Deadman Walking, Snow Monkey Moderator

    The losses are mostly do to theift, and shoplifting, which has increased significantly in the last decade…
     
  3. Ura-Ki

    Ura-Ki Grampa Monkey

    This is what happens when the blue areas allow crime to run un checked! Our local Walle-Wirld is a crime infested shit show, I have literally seen shopping carts full of merch roll out the door and and not a single person to stop them, or the local cops to arrest and charge them! I was talking to the store manager right after the Koof lockdown restrictions were lifted and crime had exploded, to the tune of over 4 million in that year for JUST that store, and it's only gotten worse! They told me they loose almost a grand per hour per day, with times of Unrest seeing that number growing to almost double or more! This happens because the lefties legalized hard drugs, don't punish crimes, have their revolving door policies, and never hold anyone accountable, including not prosecuting theft IF there is food involved, or the theft is over $700 in value, but even then, they charge but there is no punishment!

    I cant blame Walle-Wirld at all for closing stores, you cant have a successful business when the lefties allow crime to affect your bottom line!
     
  4. johnbb

    johnbb Monkey+++

    Shitcago-- this is what happens in leftist run cities and we will see more of this-- San Francisco is in the same boat. Leftist mayor and city councils are turning these cities into classic 3rd world dying cities. Not only will Shitcago loose the tax that these stores paid but all the employees will now be on the city dole if they can't or don't want to find a job. Now you will hear the leftist scream a disproportionate number of blacks will be affect ---Walmart is racist. When the truth is if there wasn't a culture of crime these stores would still be there, let's not forget corrupt politicians also.
     
    jim2 and Dunerunner like this.
  5. Cruisin Sloth

    Cruisin Sloth Special & Slow

    It's out of control.
    In the small smoke city , wally has coin rental on the buggy's so the street folks quit stealing them , but in the base town of Comox no coin deposit on their buggy's .
    That Wally store is stocked and clean , but still has cattle fencing so one way movement.
    Sloth
     
    Dunerunner and johnbb like this.
  6. Wildbilly

    Wildbilly Monkey+++

    I work at Rural King...in the very Red State of Alabama, and we have problems with theft, especially our battery powered tools, knives, ammo, hardware, boots, clothes, tools, etc.! Sometimes they go out the emergency exits and sometimes they walk out the front door bold as brass! We are instructed to NOT interfere and to report it local LEOs and Loss Prevention! Recently, a Rural King employee was killed by thieves! I don't own it so I'm not gonna work myself to death or get myself killed for it! However, if I were calling the shots, I would put all of the high value merchandise out of reach of everyone...honest folks and thieves alike! Eventually, businesses will require customers to have membership cards to even get in the door, and cattle fencing, barbed wire and guards to match that of a minimum security prison. That is why internet sales are replacing brick and mortar store sales!
     
    3cyl, Gator 45/70 and Dunerunner like this.
  7. Cruisin Sloth

    Cruisin Sloth Special & Slow

    When I said "base town of Comox" that is a C-AFB ,Wing 19 ,,
    Sooooo many are cut short back and sides , and we do NOT put up with that , it puts up the price.
    I've seen the members handle these cockroaches .
    S
     
    Gator 45/70 likes this.
  8. Illini Warrior

    Illini Warrior Illini Warrior

    Wally World only has a half dozen stores in Chicago - closing the ghetto ones >>> Dollar Stores and convenience type stores are the only chains that cross the border in any numbers - majority of the chains circle the City in the bordering communities ....

    between Home Depot, Lowes & Menards there's only half dozen home improvement stores in the city >>>>
     
    Gator 45/70, Dunerunner and crowdaddy like this.
  9. stg58

    stg58 Monkey+++ Founding Member

    Even in Conservative states crime is out of control, it costs $20,000 to $40,000 per year to keep an offender in prison.
    With nothing else to do, they waste more state money filing appeal after appeal. Many states are out of room in their prisons and don't have hundreds of millions to build new prisons, which puts pressure on the city & county courts to find alternate sentences.
    In death penalty states, it takes 20-30 years to put them to death.
     
    Gator 45/70 and Dunerunner like this.
  10. BlueDuck

    BlueDuck Monkey+++

    You reap what you sow.
     
    Zimmy, Gator 45/70 and Dunerunner like this.
  11. Dunerunner

    Dunerunner Brewery Monkey Moderator

    A death sentence should be carried out within one year of conviction. Prison is too soft these days, go back to the times of making little ones out of big ones 7 days a week 14 hours a day. Make families financially responsible for a prisoners costs. If they are economically disadvantaged, the prisoners gets one set of prison garb and one meal a day. Prison should be punishment, there is no reason to treat antisocial criminals with the idea that if we are nice to them they will rehabilitate. Appeasement doesn't work, never has and never will.
     
    gii shi kan dug, jim2, Ura-Ki and 3 others like this.
  12. johnbb

    johnbb Monkey+++

    Bring back the chain gangs -used to see them in the south when I was a kid. Make them work for their 3 hots and a cot
     
  13. Gator 45/70

    Gator 45/70 Monkey+++

    Wal-marks is prejudice as hell. Evey-time, they build a Wal-marks on the wrong side of town and a little shop lifting, car jacking or a dead boby is found at the back of the store...BOOM
    Shut the doors and build a Supercenter in Crackertown.
    They've been operating like this for years.
    How's a poor brother or sister supposed to get their cloths or TV's?
     
    Ura-Ki, Dunerunner and CraftyMofo like this.
  14. stg58

    stg58 Monkey+++ Founding Member

  15. Cruisin Sloth

    Cruisin Sloth Special & Slow

    Well said SIR !! Mr Chief Flynn
    S
     
    Dunerunner likes this.
  16. Zimmy

    Zimmy Wait, I'm not ready!

  17. Horsegal

    Horsegal Monkey

    WOW - Zimmy, me too, me too. There isn't enough money in the world for me to be a cop in one of those awful cities. I can't even imagine it.
     
  18. jim2

    jim2 Monkey+++

    I worked as a guard at Texas Dept. Of Corrections, Eastham Unit (where Clyde Barrows ) had been kept. Convicts were not ever allowed to assault a guard or employee, as it would bring down severe punishment. I was 20 years old and it was quite an eye opener for me. One day I was walking backward and receiving instructions from another guard and blundered into a line of inmates coming from the opposite direction. The guy that I bumped into was apologizing profusely and I had to stand between he and the Field Boss (meanest and toughest guards there and they scared the crap outa me) to keep the inmate from receiving some “remedial action”. Got a good chewing out and was told to mind my own business.
    TDC always stated that it cost nothing to keep someone locked up because all the prisons were profitable plantations and everyone worked. Prisons turned in money to the General Fund of the state of Texas regularly . The food sucked and all inmates were rail thin. That is how it should be ran today, but we will likely never see those days again.

    jim
     
survivalmonkey SSL seal        survivalmonkey.com warrant canary
17282WuJHksJ9798f34razfKbPATqTq9E7