SIGforum
Walmart closing 269 stores

This topic can be found at:
https://sigforum.com/eve/forums/a/tpc/f/320601935/m/7000092994

March 10, 2023, 01:24 PM
12131
Walmart closing 269 stores
quote:
Originally posted by RogueJSK:
While Walmart has announced a few store closings lately, most notably in Portland, I think someone must have gotten confused by an old news story from when Walmart closed 269 stores back in 2016... (Or they knew it was from 2016, and purposely decided to run with it anyway, to generate clicks and revenue. Y'know, the usual clickbait stuff.)

YouTubers clickbaiting people? You don't say. Seriously, I hate these assholes with a passion.


Q






March 10, 2023, 01:29 PM
Jupiter
quote:
Originally posted by ZSMICHAEL:
Color me pleased. Walmart came into our community and drove out all the Mom and Pop shops.


I agree. Unfortunately, the stores in the smaller communities will probably not be included. I would love to see the small towns in my area return to family owned businesses.
Many years ago, there were at least 5 country stores within 5 minutes of my home. They are all gone.


Diligentia, Vis, Celeritas

"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf."
-- George Orwell

March 10, 2023, 01:40 PM
RogueJSK
quote:
Originally posted by jhe888:
None of the stories I read cited thievery as a reason for the closings. Most speak of diminishing sales at brick and mortar stores. One story mentioned real estate costs as a reason, and another mentioned a shift to on-line sales.

One hundred and some of the closed stores are Walmart Express stores. WM is closing all of those. Those are small stores, and the Motley Fool reports that these were an unmitigated disaster from the start. They have no groceries (which are half of Wal Mart's sales) and people preferred the supercenters to the small stores. The company didn't have the knowledge of what to put in small stores and guessed wrong.

Theft is does not seem to be a significant component of this decision.


Again, this closing of 269 Walmart stores, including the failed Walmart Express experiment, happened in January 2016.

Twenty Sixteen.

In the year of our lord, two thousand and sixteen.

MMXVI


Ye olde news, from seven years ago, folks.
March 10, 2023, 01:43 PM
jhe888
quote:
Originally posted by RogueJSK:
quote:
Originally posted by jhe888:
None of the stories I read cited thievery as a reason for the closings. Most speak of diminishing sales at brick and mortar stores. One story mentioned real estate costs as a reason, and another mentioned a shift to on-line sales.

One hundred and some of the closed stores are Walmart Express stores. WM is closing all of those. Those are small stores, and the Motley Fool reports that these were an unmitigated disaster from the start. They have no groceries (which are half of Wal Mart's sales) and people preferred the supercenters to the small stores. The company didn't have the knowledge of what to put in small stores and guessed wrong.

Theft is does not seem to be a significant component of this decision.


Again, this closing of 269 Walmart stores, including the failed Walmart Express experiment, happened in January 2016.

Twenty Sixteen.

In the year of our lord, two thousand and sixteen.

MMXVI


Seven. Years. Ago.


My mistake.

So, there are a small number of closings planned in 2023. No report I read about those talked about theft.




The fish is mute, expressionless. The fish doesn't think because the fish knows everything.
March 10, 2023, 03:45 PM
OKCGene
Yawn. Big deal. So what.

wallymart closes stores often.

They close old stores that are not up to date and replace them with the newest style. This is especially true in the small towns. They build a brand new one nearby. This is often seen of the really old stores been there for 30 years or longer, no grocery sales to speak of, etc. Out with the old, in with the new. Look at the plight of small rural towns quite a ways from the bigger cities.

They close stores that didn't work out and build a new one not too far away that should perform better.

They close stores frequently that just don't cut the mustard.

However, they will start closing a few stores that are crime ridden, loitering and homeless problems, etc. Especially the ones that have such a big theft problem it eats up the profit from that particular store. We see that happen, not just in wallymart, but grocery stores, department stores, etc etc etc.
.
March 10, 2023, 04:23 PM
Broadside
Walmart. Isn't this the company that stopped selling firearms and ammunition so as to not offend the sensitivities of a certain segment of their customers base AFTER after squeezing every possible cent out of their vendors and running many gun dealers out of business?

Yeah, fuck Walmart.
March 10, 2023, 04:55 PM
12131
This really non-story illustrates perfectly why we should be careful accepting whatever "news" they present us as true, whether the organization is left or right. Here, it's the Daily Caller, or what appears to be them based on the logo. In this case, while the separate stories presented in the videos are true, the DC spliced and manipulated them to stir the pot and make money.

Here is the full list of Walmart stores closing in 2023, nationwide, TEN. The DC knew damn well the 269 stores closing were from 2016, not this year. But, they splashed that headline, even put their own banners, CAUSE AND EFFECT - WALMART ANNOUNCES IT'S CLOSING 269 STORES. CAN YOU GUESS WHY? and THE CLOSURE FOLLOWS THIS WARNING FROM WALMART'S CEO IN DECEMBER 2022, right over the spliced together video to imply that Walmart is shutting down all 269 stores this year because of unprosecuted thefts. Totally dishonest.

Like I said, I despise these assholes. Don't care which supposed political persuasion they are of.


Q






March 10, 2023, 05:19 PM
RogueJSK
They do it because it works.

Look at how many people in this thread alone were so quick to just take it at face value and run with it. And I'd like to think (hope?) that most Sigforum members are smarter than the average bear, since we have a tendency to weed out some of those from the low end of the bell curve.

Truth and facts have become a far distant second to clicks and shares, and generating fake outrage or schadenfreude to the drive them.
March 10, 2023, 08:33 PM
Rightwire
It appears it is a smaller number of stores than the title of the YouTube file states.

https://www.usatoday.com/story...st-2023/11419149002/

Arkansas

33701 SE Dodson Road, Bentonville, AR (Pickup location)

Washington DC

99 H Street NW, Washington DC

Florida:

6900 US Highway 19 North, Pinellas Park, FL (Neighborhood Market concept)

Illinois

17550 South Halsted St, Homewood, IL
12690 S. Route 59, Plainfield
840 N. McCormick Blvd, Lincolnwood (Pickup location)

New Mexico

301 San Mateo Blvd. SE, Albuquerque, NM

Oregon

4200 82nd Ave. SE, Portland, OR
1123 N Hayden Meadows Dr., Portland, OR

Wisconsin

10330 W. Silver Spring Dr., Milwaukee, WI




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March 10, 2023, 09:55 PM
Ogie
quote:
Originally posted by ZSMICHAEL:
Color me pleased. Walmart came into our community and drove out all the Mom and Pop shops.


Do you mean those mom and pop shops that shoplifted from your wallet?
March 10, 2023, 10:53 PM
jljones
quote:
Originally posted by 12131:
quote:
Originally posted by RogueJSK:
While Walmart has announced a few store closings lately, most notably in Portland, I think someone must have gotten confused by an old news story from when Walmart closed 269 stores back in 2016... (Or they knew it was from 2016, and purposely decided to run with it anyway, to generate clicks and revenue. Y'know, the usual clickbait stuff.)

YouTubers clickbaiting people? You don't say. Seriously, I hate these assholes with a passion.


No man stop it. Everything on YouTube is real. And it’s double secret serious real if the still has a big red X over whatever the topic is, some dude posing with an astonished look on his face and both palms pressed against his head like he was doing a Home Alone parody, or it says “take a deep breath before…….. blah blah blah”.

It’s funny how gullible people are when they WANT to believe something. YouTube is 99.9 percent click bait garbage on news and informational pieces. It’s right about as much as the MSM. It’s about to the point between Alphabet's war on free speech and actual information, that the remaining content is the equivalent of gun shop chatter or food from a dive bar.
If I see an attached YouTube video on a topic, and the still has any of the drama Queen click bait indicators, I will not give them what the treasure the most…..another click to profit from.




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"It's a bold strategy, Cotton. Let's see if it works out for them"



March 10, 2023, 11:21 PM
Jelly
This youtube posted is nothing but youtube click bait bullshit. Cherry picked clips from last week here around PDX to as far back as 2016. I like youtube but not the click bait assholes.
March 11, 2023, 05:04 AM
lastmanstanding
Grocery stores operate on a average of 20% of most any product you see on the shelf. No way would they even be able to keep the lights on at 3%. We distribute two coffee brands to over 20 grocery stores in our area. They all operate on minimum 20% to 26% profit on each package sold. Plus we deliver, stock the shelves and credit out any stale or damaged product. So free labor besides. Walmart squeezed us out three years ago. Rather than take our free labor they wanted the product cheaper by cutting the independent distributor out.

They strong armed the manufacturer by saying they either sell direct to Walmart at a reduced cost or their product would not be on their shelves. So we lost three Walmart accounts which hit the bottom line for our business. This is how Walmart operates across the board with all their suppliers. Either give us the price we want or you don't get in the door. That's why you can buy something at Walmart and a month later it's gone.

On occasion when I do have to go into Walmart for something I get a chuckle when I go by the coffee section. The coffee we used to deliver and take care for them is a mess. Half the slots are empty and the shelf is a general mess and the price is the same when we delivered it so they did not pass the extra savings on to the customer. Not the same company Sam Walton founded. Yeah fuck Walmart.


"Fixed fortifications are monuments to mans stupidity" - George S. Patton
March 11, 2023, 06:28 AM
irreverent
quote:
Originally posted by Ogie:
quote:
Originally posted by ZSMICHAEL:
Color me pleased. Walmart came into our community and drove out all the Mom and Pop shops.


Do you mean those mom and pop shops that shoplifted from your wallet?


Huh? What does this mean?


__________________________

"Trust, but verify."
March 11, 2023, 07:43 AM
bendable
I am SO glad that I am 66 y.o..

I don't want to hazard a guess as to what a six y.o. kid will be experiencing as "normal"
50 years from now.

Right now 12% of the bad people are spoiling life for the good.


If the the bad people keep spoiling it for the good people keeps growing at a rate of 2.5% per year. . . . . . .
I can't do the math





Safety, Situational Awareness and proficiency.



Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first
March 11, 2023, 07:54 AM
trapper189
The forum doesn't go back to 2016, but I believe this was discussed back then. ZSMICHAEL's post below was from 2017.

quote:
Originally posted by ZSMICHAEL:

There is a standing joke here, of three hundred Walmart stores closing, and three cashiers losing their jobs.

March 11, 2023, 08:00 AM
RogueJSK
quote:
Originally posted by trapper189:
The forum doesn't go back to 2016, but I believe this was discussed back then.


Yep, when it was actually relevant recent news, and not old news dredged back up years later to generate clickbait hysteria.
March 11, 2023, 12:30 PM
Expert308
quote:
Originally posted by irreverent:
quote:
Originally posted by Ogie:
quote:
Originally posted by ZSMICHAEL:
Color me pleased. Walmart came into our community and drove out all the Mom and Pop shops.

Do you mean those mom and pop shops that shoplifted from your wallet?

Huh? What does this mean?

I'm assuming he's referring to the higher prices normally associated with Mom & Pop stores compared to Walmart's "low" prices for massively bulk purchased, (mostly) Chinese junk.
March 12, 2023, 07:41 AM
irreverent
quote:
Originally posted by Expert308:
quote:
Originally posted by irreverent:
quote:
Originally posted by Ogie:
quote:
Originally posted by ZSMICHAEL:
Color me pleased. Walmart came into our community and drove out all the Mom and Pop shops.

Do you mean those mom and pop shops that shoplifted from your wallet?

Huh? What does this mean?

I'm assuming he's referring to the higher prices normally associated with Mom & Pop stores compared to Walmart's "low" prices for massively bulk purchased, (mostly) Chinese junk.


You know what breaks my fuckin’ heart?
After growing up in a family where a man (my dad) put his own balls on the line and ran his own family business, and then marrying a man who does the same…
..it’s realizing that the general population thinks we are ripping them off versus getting paid what it’s worth for the product that we deliver. No, chances are we can’t get the exact same thing for the exact same price unless the manufacture has rigid pricing- IOW, no I can’t buy 25,000 units, get a price break, turn that around and offer it to my “customer”. If I could I would. When I can, I do. People that think like this (Ogie) are the reason that small businesses are fading away in the blink of an eye.

You don’t want individual care? You don’t want customized product? You don’t want educated and trained staff? That all costs money. And even then the margins are tight. Those of us that choose to do it, do it because we want the independence of making our own choices instead of being dictated to, and we hope that the people that choose to come to us think likewise.


__________________________

"Trust, but verify."
March 12, 2023, 10:48 AM
bendable
The tiny town grocery store just got sold again.

After 27 years the owners said enough.
A family from Chicago purchased it,
Well they found out that it was absolutely nothing like their five stores in and around cook county.
So they just sold it after 14 months to three fellas from nearby quad cities, of the east Indian persuasion.

With a Wal Mart only 12 miles away the tiny town grocery is always 30% more expensive.

I gotta wonder what business model they will utilize.





Safety, Situational Awareness and proficiency.



Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first