Demonstrators Threaten Walmart Boycott Over Chicago Store Closures

submitted by Zapped from news.wttw.com

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[–]SerpensInferna 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (6 children)

Frankly, closing these stores, which are losing money like crazy, will really only help Walmart's bottom line.

I still grocery shop at Walmart because they've been able to keep their grocery prices fairly low and I am not a rich woman.

Also, I hate American negroes. I feel like gorillas have more humanity than they do.

[–]SMCAB 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (4 children)

Just a heads up, you're not saving any money. Their private label selection is very underproduced and they charge more than name brand grocery stores for name brand items, and the chain grocerers have better private label selections, not only in quantity, but quality as well.

Several shopper programs have posted receipts for Walmart vs Kroger, Meijer, and the like and wal mart was the most expensive for the same list of stuff. Of course there are anomalies, but in a whole trip for a cart full of goods, you're not saving anything.

Plus, there is always that little thing that you're paying one of the richest families in America, that doesn't pay taxes, to socialize the cost of doing business, while privatizing the profits, all while paying a large percentage of their workers under the poverty line.

[–]JewsAreOfColor 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Shut up cracker

[–]Zapped[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Walmart lost money for years on their groceries just to keep people coming into the stores. I forget the average amount you spend if they can get you inside, but it is insane to me. I haven't heard what their profit margin is lately, but it may be break-even. Most grocery stores operate around 5%.

[–]SMCAB 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Their game is squeezing the vendors. I guarantee they pay less for everything in the store, so they can afford it a bit. And still yet, they charge more for almost every name brand item in the store vs a standard grocery chain. So where's the loss happening?

5 percent isn't too bad after shrink for selling something that every single person on the planet needs daily if you think about it that way.

[–]Zapped[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I had information from within on the losses. They accepted the losses to squeeze the competition, not the vendors. Logistics getting the produce was part of the problem. I do know about them strong-arming the vendors, too.

[–]WoodyWoodPecker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

They have laws against stopping shoplifters. Touch one of them and they can sue you for kidnapping because you touched them. So either way they make money.