Posted on 09/14/2023 12:10:22 PM PDT by grundle
Nike is permanently closing its beloved Portland factory store — one year after it shuttered the location because of theft problems.
The retail giant — like so many other major brands — has taken a hit to its bottom line due to a dangerous surge in petty theft shoplifting and organized retail crime.
local news station KGW-TV reported thieves were “stealing armloads of Nike merchandise and walking out the front door with no fear of being stopped.”
(Excerpt) Read more at finance.yahoo.com ...
Costing retailers $100 bill ?
No, it’s $150 billion that will be passed down to consumers ( the ones who actually pay when shopping).
Speaking to Wall Street analysts, Nike’s new CEO, John Donahoe, said, “Nike is a brand that is of China and for China.”
‘Nuff said!
Just do it, Nike. That was their slogan, reputedly inspired by Gary Gilmore’s last words before he got executed. It fits.
The crime spike is being perpetrated primarily by the subculture of young, violent inner city blacks taking advantage of neutered policing to let their inner criminal nature run wild, and to a lesser degree by drug-addled derelicts of all races stealing to support their drug habits. Democrats encourage and enable both groups and their criminality.
Just in the last 24 hours in my subdivision, we had a young white guy who looked like a drug-crazed weirdo try to use his car to run over about 20 kids at the neighborhood park, and also had a gang shooting right across the street from it. And this is not “the hood” (or at least didn’t used to be). Prior to all of the insanity perpetrated in the name of George Floyd, the patron saint of criminals, our neighborhood was a nice normal middle-class area. Since then, we have had continuously increasing criminal activity, including constant car and even home break-ins and frequent gunfire at night. When I called the police one night to report yet another incident of gunshots heard nearby, I spoke with an officer who sounded personally exasperated with the whole thing and told me that gangs had been migrating farther and farther south (out of the predominantly inner city black neighborhoods) and into areas they had rarely been seen in before. This is obviously occurring because after the “defund the police” insanity, they realized that no one was going to stop them so now it was open season on “whitey.” It’s happening everywhere.
They’re going to push people very soon to the point of giving up on the non-functioning “criminal justice” system and just taking things into their own hands. Of course, that’s the whole point, I believe, behind this. They want to push us so far that we have no choice but to lash out, and then they spring their totalitarian trap. But it’s a real “damned if you do, damned if you don’t” situation.
Butt, butt, butt....ain’t nyekee all woke and stuff?
“””Why are the libs at Nike doing this? Shouldn’t they be at the door handing out shoes??”””
They are choosing corporate profits over compassion and serving the community.
Maybe the left will boycott them.
Nike is part of the problem. It’s good to see them suffering. Nike is on my sh*t list and has been for years.
Need to qualify the 10 billion loss,,,,IN LIBERAL CITIES
And so did oh-so-woke Nike.
That’s Racist closing the store that is in the middle of 4% of the population.
Coincidence?
A sneaker desert.
Get Woke.
Go Broke.
as well they should, capitalist pigs.
Oh my goodness
Bud Light Transgender Boy for Nike?
MORE popcorn 🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿
POWER TO THE PEOPLE!!!
“They’re real...and they’re miniscule.”
Nike is a corrupt company that uses forced Chinese labor to make their products. Eff both Portland and Nike.
Democrat Nirvana
“It’s a dude and he’s reprobate”
😃😀😄
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