Those locations are being shoplifted out of business
Also contributing factor is increase in self-checkouts. At the Walmart I shop, they increased self-checkout stations four fold, and got rid of checkout clerks.
Bonanza for dishonest customers.
Predominantly blue states...what a shocker
The one in Florida is a small Neighborhood Market store.
“failing profits”
Those locations are being shoplifted out of business
Not sure how they are being “shop lifted out of existence. Indiana? Wisconsin? Florida?
All three are growing states that are basically red. If these stores are in down-towns like Miami Indianapolis and Milwaukee, I might be able to see it. But even those places are not nearly as bad as Seattle, LA or San Fran area.
“Those locations are being shoplifted out of business.”
100% correct. Below is a link to a news story from a local Twin Cities TV station regarding the closure of the store in Brooklyn Center (a first-ring suburb of Minneapolis):
I’ll let FR readers make reasonable assumptions about the demographics of Brooklyn Center and the neighboring area.
Any evidence to support your opinion?
Being shoplifted out of business....BINGO! I won’t be surprised when I hear they are shutting down one of our local Walmarts in NC. I have many friends who still work there.....I can’t tell you the last time they had a good inventory? After every bad inventory, W-M puts in more and more control measures and change out their management team. And even after doing that, the following year, their inventory numbers are worse. It’s been going on like that for years.....at least 15 or more that I know of. How many really bad inventories does it take before they decide to shut the store down? Idk? It really is sad the amount of thievery that goes on in retail stores.
falling profits is misinformation meaning looting by people of color