Posted on 03/02/2023 9:54:02 PM PST by shadowlands1960
Walmart is closing its stores in North and Southeast Portland, saying the two locations have not met financial expectations.
The retail giant said it plans to shutter the stores at the Delta Park and Eastport Plaza shopping centers, including their pharmacies, on March 24. The company said it would work with its staff to instruct customers on how to transfer prescriptions to pharmacies of their choice. “There is no single cause for why a store closes – we do a thorough review of how a store performs and weigh many factors before making the difficult decision to close a facility,” Lauren Willis, spokesperson for Walmart, told The Oregonian/OregonLive.
The closures means that a total of 580 employees will lose their jobs, according to a notice sent to state and local officials. The workers, who are not represented by a union, were notified of their layoffs on Wednesday and that they can apply for openings at other Walmart or Sam’s Club locations. According to news reports, Walmart has announced plans to close more than half a dozen stores across the country since the beginning of the year.
Walmart operates 45 stores in Oregon. Willis said the retailer does not plan to close any other stores in the state.
The closure, however, means the retailer will no longer have a location in Portland. It also means a longer trip to a supermarket for some residents.
(Excerpt) Read more at oregonlive.com ...
Exactly!
That was the thrust of a news report I saw about it. All these poor people! Where will they shop now? Blah, blah and, of course, blah.
Only in the last 15 seconds or so was it reported that theft might be an issue, among others....of course.
If the community didn’t want to be in a food desert, they shouldn’t have robbed the place that took a chance on them.
I think there is a Nike store there in the same boat: they closed and won’t reopen until they get some help from the local gov. Local gov just said no.
And never build fast food restaurant close to public housing.
Good, Portland stinks.
Congrats Portland, you'll have two 50K vacant space. Going to open a city owned store in it..?
These Walmarts will make perfect homeless shelters.
The homeless wanted the place—they got it!
“Wouldn’t shock me if they were losing $25,000 a day.”
That would be so cool if some Walmart employee leaked that shrink data for all stores—of course they would probably get caught so it had better be done on their way out the door...
There are multiple Walmarts as well as many other retailers in my county, Westmoreland County, PA and since the DAs all prosecute shop lifters, to the fullest extent of the law, the "shrinkage" from the public thieves is relatively low.
Thieves will always chance stealing, but most will avoid areas where the punishment is more severe.
A lawyer that I know said that the shrinkage rate is almost twice as high in the neighboring county of Allegheny {the county of Pittsburgh}.
We all know why; couple inner city life with lax prosecution and you get what you voter for.
Both pretty close to MLK Blvd.
***If they didn’t steal it they ate it in the store. ***
I remember reports of Hippies doing that in the late 1960s.
Portland will likely propose they use those now available spaces for the homeless (and thieves).
Well, I think having more stuff walk away than is paid for constitutes a “thorough review of how a store performs” for me.
Have not met financial expectations.
Code for shoplifting?.
“Underserved communities” scream about “retail deserts”—places where there are no retail stores for necessities, including food.
Big companies with liberal Boards and shareholders answer the call, and build new retail establishments in “underserved communities.”
Residents of those communities steal from, vandalize and commit a variety of crimes at these establishments.
The retailers cut their losses, closing crime-ridden, money-losing locations.
“Underserved communities” scream about “retail deserts”—places where there are no retail stores for necessities, including food...
The only addition I would make is that in some situations the companies get tax breaks or other incentives to go into the “food deserts”.
In the end the employee and customer theft is just too much to overcome.
Employee theft is an often overlooked factor btw.
Most folks don’t want to risk their lives to work in “the hood”—so you tend to get a lower quality and more dishonest employee applicant pool.
In the worst case you can end up hiring gang-affiliated folks as employees who will work with their gangs to steal incoming merchandise before it even gets to the storage area.
...in one of the least diverse states. As of 2019, according to CityData.com, Portland is only 5.5% black. It must take a concerted community effort to drive a big box store to a closing degree of loss. Then again, there is always help to be had in Portland from the white layabouts of Antifa, and the Soros rent-a-mobs.
You are correct. Additional info was added in another thread today:
AB 853: Grocery Workers in a ‘Food Desert’ New grocery owner must provide notice to town council before closure“Free” enterprise. Hah.
...the bill would provide that, in the case of a change of control from a merger, a successor grocery employer would be prohibited from causing a grocery establishment that is located in a geographic area designated by United States Department of Agriculture as a food desert to cease being fully operational and open to the public until the establishment provides a written notice to the city council, city attorney, board of supervisors, county counsel, State Department of Public Health, and Attorney General 180 days before the establishment ceases to be fully operational and open to the public...
The biggest homeless camps you see on TV are in the Delta Park area. No one with a brain would shop there.
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