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> They gutted America an then when there was no money they left communities with NO retail. Evidence of this? Because I mean, the obvious retort would seem to
by TulliusCicero 3y ago
> They gutted America an then when there was no money they left communities with NO retail.
Evidence of this? Because I mean, the obvious retort would seem to be, "well then the retail could come back then?"
Like, destroying mom and pop shops so that you can just leave seems pointless? Is the idea that people in the community will just shop at a Wal-mart further away then?
- miek 3y agoAbout retail coming back: I wouldnt be surprised if dollar stores (dollar tree etc) took advantage of Wal-Mart's departures
- zer00eyz 3y agoBing bing bing!!! Your just a hair off the mark its dollar general. And its next level fuckery there too: https://www.businessinsider.com/dollar-general-overcharging-shoppers-at-checkout-according-state-governments-customers-2023-11 https://www.businessinsider.com/dollar-general-overcharging-...
- silverquiet 3y agoIn theory, a small general type store serving a small community could make a lot of sense. In practice however, they tend to be fairly depressing to shop in because they're just barely maintained by the one employee who's harried to stock shelves and clean between ringing up customers.
- radlad 3y agoThere are other issues with Dollar General too. For one thing, profits don't stay in the local community as they would if you were shopping at a mom and pop. And, just like Walmart, they can easily undermine competition by lowering their prices temporarily.
- rlue 3y agoExcept why would Walmart leave if there were still sufficient consumer demand to capitalize off of?
- radlad 3y agoA Walmart is larger and requires far more resourcing than a Dollar General.
- zer00eyz 3y ago>> Evidence of this? Because I mean, the obvious retort would seem to be, "well then the retail could come back then?" https://www.theguardian.com/us-news/2017/jul/09/what-happened-when-walmart-left https://www.theguardian.com/us-news/2017/jul/09/what-happene...
- alephnerd 3y ago> Evidence of this? These are an overview of the impact when Walmart leaves a small town [0][1] Walmart has been downsizing it's presence in small towns for almost a decade now [2] and pivoting to global markets [3][4][5] or e-commerce [6] [0] - https://www.pbs.org/newshour/show/when-wal-mart-leaves-small-towns-behind https://www.pbs.org/newshour/show/when-wal-mart-leaves-small... [1] - https://www.nprillinois.org/illinois-economy/2018-12-13/when-walmart-leaves-town https://www.nprillinois.org/illinois-economy/2018-12-13/when... [2] - https://www.nytimes.com/2016/01/16/business/walmart-to-close-269-stores.html https://www.nytimes.com/2016/01/16/business/walmart-to-close... [3] - https://www.reuters.com/business/retail-consumer/china-embraces-membership-stores-sams-club-expansion-gathers-pace-2023-07-20/ https://www.reuters.com/business/retail-consumer/china-embra... [4] - https://inc42.com/resources/how-walmart-is-pivoting-its-strategy-to-win-the-indian-market/ https://inc42.com/resources/how-walmart-is-pivoting-its-stra... [5] - https://www.reuters.com/article/us-walmart-ecommerce-brazil/walmart-brasil-to-ditch-e-commerce-focus-on-brick-and-mortar-idUSKCN1SG210/ https://www.reuters.com/article/us-walmart-ecommerce-brazil/... [6] - https://www.pymnts.com/news/retail/2024/walmart-counters-amazons-ecommerce-lead-with-omnichannel-tech/ https://www.pymnts.com/news/retail/2024/walmart-counters-ama...