On 26 Jan 2022, "13% = 6x the crimes!" <
repar...@naacp.org> posted some
news:sssk72$mtes$
2...@news.freedyn.de:
> Niggers are ruining America. Shoot all looters. Hang any DA who
> refuses to prosecute looters.
OVERLAND PARK, Kan. (NewsNation) — Walmart has been faced with some tough
decisions lately, closing more than 20 stores across the country so far
this year.
In Overland Park, customers said they are shocked after the Walmart
Neighborhood Market shut down.
Walmart customer Robb said it was a “total shocking surprise,” while
customer Camille Tague said the closure was “really sad.”
Dozens of people parked their cars in the Walmart lot and walked up to the
doors only to find a sign that told them the store was closed permanently.
“It’s closed forever,” Alexus Inscho said.
The Overland Park Walmart had been there since the early 2000s, and
customers who spoke with NewsNation said it was always packed.
And given that Walmart’s earnings are up this year, people have said the
closings just don’t make sense.
“Never in a million years did you think this would close or see a Walmart
closing. Why? It’s just Walmart,” Antonique Flemmons said. “Walmart has
been around my whole life and you go there for things you need and you
don’t think twice about it being open or closed.”
However, shoppers in Overland Park, one of the largest cities in the
state, won’t have to go far to find another Walmart Neighborhood Market —
there’s another one just two miles up the road and a Walmart supercenter
just two miles in the opposite direction.
It’s one of at least 20 underperforming stores nationwide that the company
said is shutting its doors this year. Four of those closures were in
Chicago with the company citing poor performance.
“We thought we had turned a corner because we always heard a rumor the
store was losing money for years,” Chicago Alderman Howard Brookins said.
Other big box stores have tightened their belts as well. Target, Best Buy
and Macy’s have all reported some brick-and-mortar closures.
Target financials show fewer people have been visiting the store, and
executives expect store theft to cost them about $500 million.
And as more shoppers turn to online retail, more companies may close their
storefronts.
“We are going to see that continued pressure on retailers to close their
doors, especially in those urban areas,” economist Dan Roccato said. “By
and large, we’ve got too much retail space in this country right now.”
By contrast, dollar stores are ramping up.
Dollar General reportedly plans to open more than 1,000 stores this year
and Dollar Tree expects to open more than 600.
Despite Dollar General’s plan to open more stores nationwide, the company
saw its shares fall this past week. It’s a sign that inflation still has a
tight grip on Americans in this economy, and even the most cost-conscious
stores may not be enough.
https://www.newsnationnow.com/business/walmart-closures-dollar-stores-
inflation/