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Walmart, Target, Other Retailers Shutter Stores Due to Overwhelming Thefts
Breitbart ^ | 04/17/2023 | Paul Bois

Posted on 04/17/2023 6:15:31 AM PDT by ChicagoConservative27

Walmart, Target, Best Buy, and other mega-retailers have shuttered stores throughout the U.S. due to an overwhelming uptick in thefts.

As Breitbart News reported, reliable retail outlets have begun to make due on their pledge to close stores if crime continues to climb. Just last week, Walmart closed as many as four stores in crime-ridden Chicago.

“The simplest explanation is that collectively our Chicago stores have not been profitable since we opened the first one nearly 17 years ago,” Walmart said in a statement. “These stores lose tens of millions of dollars a year, and their annual losses nearly doubled in just the last five years.”

As reporter John Nolte put it, left-wing cities and states have made shoplifting nearly legal by letting such criminals off with barely a slap on the wrist:

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: shutter; target; thefts; walmart
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To: Bob434

I hope so too.


41 posted on 04/17/2023 7:43:11 AM PDT by No name given (Anonymous is who you’ll know me as.)
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To: Nifster

It’s obviously time to start chopping hands and feet off, like the muzzies do.


42 posted on 04/17/2023 7:44:23 AM PDT by No name given (Anonymous is who you’ll know me as.)
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To: ChicagoConservative27

See, see how greedy the evil corporations are? /s


43 posted on 04/17/2023 7:45:48 AM PDT by mykroar (what is extraordinarily important is this—who will count the votes, and how. - J0eStalin)
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To: E. Pluribus Unum
The never-ending cycle.

Except we have run out of places to move further out.

That cycle is ending. The finale will be extremely violent.

44 posted on 04/17/2023 7:48:25 AM PDT by flamberge (There is nothing like data to ruin a perfectly good theory.)
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To: ChicagoConservative27

Them damn hicks in small town America ain’t spending enough to make up for the urban theft.
Maybe instead of closing stores in the ‘Inner Cities’, they need to open more and close those in small towns.
Does that sound convoluted enough for some Community Organsizer?
S/


45 posted on 04/17/2023 7:49:00 AM PDT by Tupelo (A House Divided Against Itself Cannot Stand)
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To: CatOwner

It’s funny you mention that because we just moved 20 miles from our last suburb and are officially rural.

It was a red county, red politics but the schools were still rotting, the retail sinking in quality etc.

You just can’t move far enough away from anything that has multi-family housing.


46 posted on 04/17/2023 7:51:15 AM PDT by PittsburghAfterDark (There is no one more racist than a white liberal.)
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To: Delta 21

Why are these white guys?


47 posted on 04/17/2023 7:55:42 AM PDT by Midwesterner53
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To: csvset

“The local WalMart now has a city cop at the front door 7 days a week.”

I have not seen that or an employee checking our receipts here in Benson, AZ, population 5,000 in the summer, 8,000-10,000 in Snowbird season.
Demographics from Wikipedia:
“89.3% White or European American, 1.3% Native American, 0.7% Black or African American, 0.5% Asian, 0.1% Pacific Islander, 5.7% from other races, and 2.4% from two or more races. Hispanic or Latino people of any race were 19.9% of the population.”


48 posted on 04/17/2023 7:57:25 AM PDT by Tupelo (A House Divided Against Itself Cannot Stand)
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To: Nifster

They punish honesty by increasing prices to subsidize the losses due to theft. Meanwhile the thieves are getting tax breaks on all they steal and resell. You always get more of what is subsidized and less of what is punished. We are on a downward spiral where bad character is rewarded causing honest virtue to decline.


49 posted on 04/17/2023 8:08:17 AM PDT by DaveyB (Live free or die!)
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To: rellic

Self check out has not worked as hoped.

That and most clerks don’t want to die for Wally World.


50 posted on 04/17/2023 8:09:12 AM PDT by redgolum (We are not going to make it, are we. )
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To: Tupelo

I have not seen that or an employee checking our receipts here in Benson, AZ, population 5,000 in the summer, 8,000-10,000 in Snowbird season.
Demographics from Wikipedia:
“89.3% White or European American, 1.3% Native American, 0.7% Black or African American, 0.5% Asian, 0.1% Pacific Islander, 5.7% from other races, and 2.4% from two or more races. Hispanic or Latino people of any race were 19.9% of the population.”


Demographics are similar in Prescott Valley. I have had only one person check my receipt because it was not bagged and the receipt was not visible.

The police in the area do arrest people for shoplifting and theft.


51 posted on 04/17/2023 8:15:14 AM PDT by chrisinoc
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To: silent majority rising
These stores are businesses, and they are located in strategic positions to maximize their sales and profits, not to be “social equalization centers”.

Many of these korporations, especially Walmart, insisted on being "social equalization centers" and located in such areas to take money from unwilling taxpayers via gibsmedats on "social programs".

52 posted on 04/17/2023 8:16:32 AM PDT by T.B. Yoits
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To: silent majority rising

They will move to greener pastures, and hunt there.


53 posted on 04/17/2023 8:17:15 AM PDT by redgolum (We are not going to make it, are we. )
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To: rellic
One has to ask the question. if you have been losing money for the last 17 years why did you keep the store open?

My guess: they were willing to absorb a certain level of loss for the purposes of virtue-signalling their concern for the community. But, in the last couple of years the losses have soared off the charts to a point where they can no longer afford to absorb the losses.

54 posted on 04/17/2023 8:17:29 AM PDT by rhinohunter (“Being woke means you’re a loser” — Donald J. Trump)
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To: rhinohunter
My guess: they were willing to absorb a certain level of loss for the purposes of virtue-signaling their concern for the community.

That has been the whole problem. A group of CEO's with the courage to put the blame squarely on the Democrat world view could have done much to stem the rot - instead they just let it happen to keep hysterical activists quiet.

55 posted on 04/17/2023 8:22:04 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: dhouston

I dare you to try to stop them.


56 posted on 04/17/2023 8:35:50 AM PDT by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████. FJB.)
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To: Nifster

That is because of Meth.

Moving it behind the counter helped for a bit, now there are super labs fed by China.


57 posted on 04/17/2023 8:41:48 AM PDT by redgolum (We are not going to make it, are we. )
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To: deport

Indeed it’s why some women enter store with dresses two times larger dresses and sweaters help fill them out most nicely.

aka Christmas sopping year around.


58 posted on 04/17/2023 9:06:25 AM PDT by Vaduz (....)
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To: ChicagoConservative27

I think the Democrat Party should form a corporation using their own money to provide grocery and drug stores to these areas.


59 posted on 04/17/2023 9:16:21 AM PDT by gitmo (If your theology doesn't become your biography, what good is it?)
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To: ChicagoConservative27

but but but the youths are being starved of opportunity.


60 posted on 04/17/2023 9:45:22 AM PDT by BigFreakinToad ("Don't Jump")
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