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Old 01-19-2016, 08:36 AM   #1
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269 Walmart stores closing

Walmart closing so many of its stores seems to me to be a statement about the state of our economy. This has to hurt a lot of employees and customers who depend on Walmart for much of their shopping, not to mention RVers who are looking for a place to park!

Article:

List and map of Walmart store closings in the US - Quartz
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Old 01-19-2016, 08:43 AM   #2
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Most of the stores are the "Express" type stores that Walmart experimented with. Evidently the experiment failed.

As with any large business in a changing consumer environment there will be change. At least Walmart is trying different things to stay competitive. I'd rather have them try and fail then not try at all.

I would also suggest that the decision to close the remaining stores was also correct. If an individual store cannot provide the expected performance it should be closes. As it is it will be difficult for Walmart to deliver the year over year performance it has in the past.
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Old 01-19-2016, 08:45 AM   #3
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Just the tip of the iceburg.
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Old 01-19-2016, 03:08 PM   #4
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They are also building about 125 new super centers starting next year. Only closing non profit stores.
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Old 01-19-2016, 04:03 PM   #5
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I find that more places beside Wal-Mart allow RVers to stay overnight. Most malls will accommodate you. Check with mall security and see if they allow it. I've rarely had a problem.
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Old 01-19-2016, 04:04 PM   #6
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The sky is falling! The sky is falling! The.... Oh wait, maybe not.

Re read Jim J's post
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Old 01-19-2016, 04:12 PM   #7
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Walmart closing stores is more about changing shopping habits (think Amazon) than it is about the economy.
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Old 01-19-2016, 04:26 PM   #8
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Normal course of business. Wal-Mart built a lot of stores, and are opening more each day, and some are just not making a profit.

What gets me laughing sometimes, I transferred over seas back in 1992 and didn't get back stateside until 2002. Wal-Mart wasn't much in 92 but in 2002 they seemed to be everywhere. Same with Starbucks, Lowes and a few other retailers.
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Old 01-19-2016, 04:32 PM   #9
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I would venture to say if it was not advertised you would not notice.
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Old 01-19-2016, 04:41 PM   #10
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154 US stores.......of which 102 are Express Stores and are located in AL, AR, FL, GA, IL, KS, LA, MO, MS, NC, OK, SC, TN and TX

Express Stores just didn't pan out......financial performance.

4 Sam's Club are being closed also..........2 in MA, 1 in MI and RI
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Old 01-19-2016, 04:54 PM   #11
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Perhaps all the local businesses that had to shut down when Walmart setup shop in those locations will return! New small businesses!

Walmart is referenced in business case studies and countless thesis papers as helping to destroy the economy of the U.S.A. This was mostly accomplished by the vast importation of Chinese made products instead of featuring domestic products, (as Sam Walton was so proud of). While Walmart strives to maintain it's profitability for it's investors, the toll on the American landscape has been horrible. But it was also done by employing thousands of "working poor" below the living wage, and without being able to afford health benefits, (necessitating the development of Obamacare and/or socialized medical care in the U.S.A.), who still require public assistance just to exist.

Every store opening displaced hundreds if not thousands of local employees and their places of employment, (the entire textile industry, manufacturing industry, food markets, hardware stores, optometrists, pharmacies, garden supply, tire stores, etc). The net loss to the economy and standard of living in many communities by the appearance of a Walmart has been attributed to the decline of the U.S.A. which led to the recession/depression that we are only now recovering from.


All due to one company. Walmart.

All that being said, Walmart is actually growing, and will open new stores, in new locations. They are just cutting their losses by closing poor performing stores.
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Old 01-19-2016, 06:47 PM   #12
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What is a Walmart Express Stoe???
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Old 01-19-2016, 06:54 PM   #13
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Quote:
Originally Posted by 99-Am.Star View Post
They are also building about 125 new super centers starting next year. Only closing non profit stores.
And those that have stores within 10 miles of each other.
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Old 01-19-2016, 07:05 PM   #14
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Walmart is the nations largest employer. The most severe criticism comes from Union sources. Plenty of blame for the economy problems to go around, not likely Walmart caused the recession/depression, the Affordable Care Act, or acne...

From CNN in Feb, 2015

"Currently, only about 6,000 Walmart employees out of more than 1.2 million nationwide are paid at the $7.25 an hour federal minimum wage, according to the company. It employs more U.S. workers than any other business.
Once the company's starting pay becomes $9 an hour in April (2015), the average pay for full-time retail workers there will be about $13 an hour. Walmart has previously said that average already stands at $12.94 an hour. Starting pay will increase to $10/hour in February 2016."
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