Walmart Is Destroying Thousands Of Big Box Retailers As Bankruptcies Continue To Soar

Walmart's impact on the United States is undeniable. From its humble beginnings as a small-town discount store to its current status as a global retail behemoth, the company has revolutionized how people shop, businesses operate, and communities experience retail.
However, the “Walmart Effect” has a much darker side than people think. For decades, the retail giant has been contributing to the downfall of competing big-box chains and grocery stores, as well as hundreds of thousands of small businesses. At the same time, Walmart is responsible for impoverishing communities, creating imbalances on the supply chain, and hurting the American economy in ways the public can't even imagine.
But everyone needs to know what is truly behind Walmart’s 500 billion-dollar empire. And that's what we're going to expose today.
If you hear about the opening of a new Walmart store in your area, beware. That may not be as advantageous for both customers and the local economy as it may seem.
Whenever Walmart starts to operate in a community, the most immediate impact is felt by local retail workers, who become more at risk of losing their jobs or suffering a pay cut.
Researchers found that Walmart pays lower wages to its hourly associates than what other local businesses pay comparable workers, estimating that the wage difference is at least $3 per hour. With Walmart workers earning less than other retail workers, the retail giant helps to push down average retail wages and health coverage rates in the area.
On top of that, a study published in the Journal of Urban Economics, which examined about 3,000 Walmart store openings nationally, found that each store caused a net decline of about 150 jobs as competing retailers were forced to downsize or close down permanently.
These shifts can explain the findings of another study published in Social Science Quarterly, which cut straight to the bottom line: neighborhoods where Walmart opens end up with higher poverty rates and more food-stamp usage than places where the retailer does not expand.

[@Kevin-on1ez]

I have recently banned myself from Walmart. It started shopping at the local stores places because Walmart. Prices are not any cheaper anymore than any other place

[@legobobafett5045]

Yes Americans were shopping at American owned Shops to say F U to Mega million Retail Stores. Idk if they still do but we should keep it going!

[@haywood4299]

What pisses me off is Walmart drops in and gets a 10 year property tax break while small businesses are getting crushed by higher property taxes. As usual it is the government that has created this unfair advantage that big business has exploited to eliminate competition.

[@MrNiceGuy500]

Wow I didn’t know that

[@steven1499]

It's not just Walmart with the taxes, but GMO foods who the heck shops there.... I don't eat no food from there!

[@haywood4299]

@@MrNiceGuy500 Then when the tax break is over, they close the store and build a new one in the next town. Now everyone has to drive 10 miles to the new walmart because everything else closed. Walmart is a worse virus than covid.

[@jasonlabrecque9908]

Walmart is government contracted military

[@butterman4610]

And not to mention the additional strain on the local economy. Most are on some kind of assistance and getting some type of tax credit. If non profits were serious about helping people, they’d all be pushing for less government and lower taxes. Unfortunately, corporations run our government. George Carlin said it best…they are rulers

[@user-fv5ms4sz8e]

Many small town businesses have gone out of business, because a Walmart moved into their area. I've driven all over many small towns are being abandoned, because there's nothing there anymore.

[@taaj4403]

It’s “our” fault though. We rather the big box, and Amazon then going store to store. We’ve become tooo lazy.

[@American-Motors-Corporation]

Yeah that's a myth from way on back. I mean I was in business I ran a bait shop and I sold basically everything in the fishing department at Walmart carried and most of my prices were right at or below Walmart's price so no small business can compete with Walmart it's just most of them choose not to because they've gotten away for so long price gouging the local population they are now basically pissed off that they actually have to compete so they don't want to so they then decide to whine and cry and play the sympathy card however it's never enough to keep them in business because people have their own budgets and their own budget dictates they need the cheaper price now that the cheaper price is an option that's exactly where they're going to go.

[@martyconroy3786]

Not gonna see me cry when Walmart goes down.

[@blakebortles6098]

when worldwide collapse fully unfolds you will cry

[@mankindWalker]

What a confusion state of incompetence and corruption that runs through this administration in our government are getting more risky and ridiculous, i feel the sympathy and empathy of the citizens not getting due help they deserve, thank you Lillie Tamara, imagine investing $4,000 within 4 days of your investment you're profited with $6,530, wow thank you Jesus ❤

[@MarisKumar]

I firmly believe everyone striving for financial independence should own both coins and real Estate. The percentage weighting of each asset class as part of your portfolio will then be up to you to decide.

[@DidiPetalz]

Indeed because the research of investment practicing has liberated a lot of families out of poverty, I recommend it to every bread winner out there.

[@VictoriaPeterson-px9yk]

Lillie Tamara Has Really Set The Standard For Others To Follow, We Love Her Here In The UK, as she has been really helpful and changed lots of lives

[@LauraAlexia-ji8op]

This is correct, Lillie Tamara's strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started

[@LunaMia-gw9uo]

HOW DO I GET ON THIS?????🙏

[@user-zn5ur2vs1l]

Was in business for 31 years in a small town. Walmart came and everyone in town thought it was great. One store after another closed and all you heard from the local slack jaws was I hope we get a Lowe’s. They don’t understand and never will understand that both of those kill a community and create poverty.

[@The_Christ_Angel]

Not really. We fixing it!

[@nexttime960]

Several years ago Lowes closed all stores that didn't meet some predetermined yearly revenue goal, ours was 50 k short of the figure and is now tractor supply/ planet fitness, lot of good people let go

[@rightsdontcomewithpermits7073]

All retail stores are leeches. The only thing Americans can do nowadays is to sell other people's products.😢 I don't feel bad for the middle man.

[@American-Motors-Corporation]

Well I wasn't in business for 31 years but I can seriously say that I was the list of one around one of the businesses was a bait shop and I carried basically every lure and fishing line rods basically everything that you would find in the Walmart fishing section my prices were either right at or below Walmart's price I went out of business was not because of Walmart it was simply because customers either wanted to go to the established bait shop that had been there for X about years even though they knew that we had bought out a local existing bait shop we had just moved but I literally had one of these bass fisherman assholes show up in my shop and complain that the lures are too cheaply priced it's the same fucking lure he's going to go down the way and buy and I basically end up selling well I mean I could raise the price just special for you I mean this is how stupid people really are so basically I went under because it was basically a bad time via the economy we're talking 2009 through 2010. But then we're also talking people's personal preference of where they would rather go by their lures cheap prices really didn't mean anything to them. The other business I had ran was a greenhouse we sold vegetable plants and the only reason that went under was because we didn't know the property the property owner which is my grandmother had died five days before the deal for us to own the property to be signed so it ended up probate and we all know that a bunch of weird shit happens with probate family members so that's why it had nothing to do with Walmart in fact our vegetable plant price was well below the cost of Walmart and most of the neighboring greenhouses in fact all of the neighboring houses you could come and get any plant that you would like for us for 50 cents a plan I mean we did the math of what the soil cost what the cups cost what the seeds cost and you know it turns out at the time we could still make one hell of a decent profit off of it and especially we could make it up and selling volume. So most of the whining and crying that most small business people have done for the past 30 years when it comes to Walmart is simply they don't want to compete did in most cases what has happened is is they've had the mom and pop perhaps a couple three generations they was the only game in town so they could basically charge whatever they wanted to charge and in most cases they were price couch so when the cheaper option came to town and everybody runs over there then they whine and cry but they also fail to lower the prices they scream and holler that they cannot afford to lower their prices however they scream about this but they will never open their books to prove to the public that that's really the case I mean if you're going to stay the case so loud then I think you should present the p&l statement that would be able to prove your case but of course they don't want to do that because in most cases it would prove that they are completely full of shit!

[@LeTrashPanda]

These stores also bring traffic and attract more crime, the theft is off the chart. Now they have to lock up the toothpaste and shampoo! Support your local retailers and farmers.

[@ianandersen265]

My father used to tell me all the time how Walmart has gone downhill over the years. I still remember as a kid paying 46 cents for a pack of Skittles in 2002. Today, Walmart no longer brags about low prices. They are appealing to higher end customers.

[@yamama7265]

How many years ago did China buy Walmart

[@oodo2908]

There are some beautiful little towns in Texas. No corporations allowed. You gotta drive to the next town for Walmart and McDonalds.

[@NormanLor]

WE KNOW AMERICA'S IN DEEP TROUBLE WHEN THE PLANET'S LARGEST CHAIN GOES DOWN!!

[@blakebortles6098]

worldwide collapse is unfolding with ww3 to follow................................................0uch

[@American-Motors-Corporation]

Well I can say that they are in trouble much like most of their competitors because they're competitors and themselves have a major problem in that problem is debt. But as far as them closing stores well frankly that is a trend with an industry and you get years and decades where that happens there has been a decline in retail know the internet is not blame that was for stupid people to believe last decade so we're not going there. The truth is very plain and simple it's simply that there is an income deficiency across the population aka their customer base. The problem is highly compounded with their debt. Here's the problem most of this should have occurred last decade there was a large portion of it that did happen or so it looked large the reality of it is is the industry should have contracted much more than it did but there was just enough cheap money AKA credit that could be had that that's what basically kept most of these companies pretending that everything was fine they can do that until one day they can't well welcome to that one day folks. This is where it is it's no surprise to me that a lot of these chains are looking at closing stores I don't think anybody else ought to be surprised either but I also understand why people are surprised that's simply because they haven't been paying attention. So basically now this does not signify the end of all ends. Right now it's basically a growing trend that everywhere is going to lessen up their locations in an attempt to cheapen up their operations. Of course the last locations open that means less items being shipped or so in theory but you also have to look at one thing that is majorly overlooked in all of this discussion about the retail trade and that would be square footage. You have to understand that most of these stores were built for a time that no longer exists meaning they have stores that are fucking completely huge and basically what they're admitting is that they overbuilt for any given area so the idea is simply it no longer makes sense to have four or five of these Walmarts all within a 30 to 40 mile radius and they're all stocked to the brand because any given community in that radius cannot necessarily support those stores so basically what you do is you close a few of them down and you consolidate thus you take the inventory and you overstock the stores that you leave open the idea is is you'll be able to sell that much more merchandise through those locations rather than having it spread over a large area that cannot support each and every one of those stores but if you lessen up the amount of stores all the sudden the sales may increase in the stores that you have left open. So after the initial sell off of all of this inventory that didn't get moved to the stores that are open well it could mean that they would order less but in reality they're just going to order what they need to maintain their stores so for the most part the shipping activity for those stores will still remain steady. Now in time if this doesn't work they may get into the business of closing yet another location or two possibly three and try to consolidate it into whatever's left. But there again if it fails overalls that they would probably assume to just pull out of the area meaning when that happens and they start pulling out of area after area and then eventually that becomes a region and then eventually they decide they no longer function in this state or that state via an even bigger region okay that's where you get the shipping problems and by shipping problems what I mean is simply they're going to be laying off a portion of their own truckers wow at the same time the shipping companies that they contract with they're going to have less work so that could affect per se trucking industry of course Walmart isn't the only company we're really looking at here they're competitors and then stores that aren't even in the same business as Walmart such as Lowe's home Depot. So I know that I've seen people cream in their pants and comment sections talking about how it would be so wonderful if Walmart and other big retailers went under because they say that it would mean that the small business could come back in large numbers and actually have an impact. Well I debunked that theory every time I see it and the reason being is because simply no you cannot because of the shipping costs without the big boys subsidizing that industry then your shipping costs as a small business would be basically triple what the fuck it is today so yeah go ahead let Walmart Target the gang go under see what those shipping costs are in the aftermath. Basically the growth of the retail industry is in the past then responsible for why the shipping costs have been what they have been in terms of cheapness yeah I know everybody talks about the fuel costs and yeah that's a contributing factor no kidding but you also have a situation to where there is a high volume of business being done so these guys get their dollars worth out of that fuel. Of course they contraction in that industry can mean less profitability for the shippers this is what we've been seeing however this is not new to the past 4 years it was back in 2018 alone we lost over 150 trucking companies and in 2019 we lost in the uppers of at least another 50 or 60 that trend has been relatively on the down low at least it's been kept quiet especially through 2020 and it's only really starting to emerge is a conversation once again but it technically never quit so with the $150 if not nearly 200 trucking companies that we lost between 18 and 19 you don't think that that didn't have an effect via 2020? Well it did 20/20 was not about a virus 2020 was largely an inventory issue there has been some big changes in the background behind the scenes in business and a lot of those changes got underway in the fall of 16 and businesses have been adjusting ever since well at the same time they've also had to rethink a lot of things since 4 years ago I don't know as if we'll ever see the day that any of these companies end up fully adjusted and the world becomes relatively normal again I mean we do not know the day or time when any of this stuff goes rogue or it happens to settle down and do a nice groove and we can have some more prosperity right now things are very uncertain. I would say given the trajectory that we have been on for the past 23 years which is declined we can even argue 25 years if you would like and the fact that each passing year and of course in bundles of every 5 years it definitely gets worse and worse and worse as we go on and I can say that we are certainly not out of the woods yet and it looks like it really will get worse so right now it is primarily a trend within the industry that they are going to shrink up there area they're spread but I say that that should have happened last decade some of it did for some stores but it really should have happened to most of your big box stories that are in existence today.

[@user-rg4wf5bu3x]

No problem - as tens of millions of Americans begin starving to death, whom might they direct the angst?

[@helenclark7876]

I believe the answer is GLOBALIZATON..

[@patmischel6883]

My employer has 2 stores in my town to combat our Walmart. One on the north side and the other on the east. They come to my store because they don't trust Walmart meat, produce and cakes.

[@lisamc2590]

If America is so worried about money why don't they bring the price of everything back down and put employees wages back down to a reasonable way of living why is it so hard for Americans to do that.

[@SamsungGalaxy-nm5qt]

For the most part, corporations have taken over our government. It's not 100%, we still have Capitalism; just now we have it's evil cousin "Corporatism".

[@Twotone-ld1fb]

Prices will never come down . What we need is for inflation to stabilize and not be volatile and reliably stay low. Then wages can stabilize to match that. One thing that can bring prices down and cause things to stabilize is to turn the oil spigots back on and get America back to be a net supplier and not a net consumer that is reliant on other nations to keep all of our distribution trucks delivering, tractors working, and ships shipping, and planes flying. When it costs more to make food and deliver food and other goods, prices will go up. Biden caused this inflation when he attacked oil and made us reliant on other nations to keep things running. We were a net supplier of oil and energy independent before Biden took office. He and his administration also doesn't care about the green new deal for the world. Because after he attacked oil here he worked to help Russia get their pipeline completed and helped reduce sanctions on Iran and those two nations used that to pump and ship lots of oil making them money they needed to then fund war and terrorist efforts. If he truly cared about being green he wouldn't of helped other nations produce oil. His green new deal is a scam to pocket money and weaken the US. Yes I agree we need to get off Oil, but you can't perform a heart transplant on the economy without a replacement heart. Electric is not reliable in its current state. Look at last winter when tons of people with electric cars were stranded because they couldn't charge them. Electric takes many times longer to charge in cold temperatures that sap batteries and make them not function well if at all. Solar is unreliable in winter, wind is unreliable in winter. Either rely on oil and natural gas, or go nuclear. We need a better way to produce the energy we need in any condition.

[@ginatrue5716]

Bc it's the end times.

[@LeTrashPanda]

It's like gas & cigarette prices, doubtful they will come down.

[@michaelstevens932]

Greed is always a killer to all big box stores and eventually it all comes crashing down because of profit over people.

[@timothyadams9612]

Not surprising life is all about money and power. These days look at our politics

[@thehonorablejiveturkeyspoo6370]

Remember when they wanted to sell lumber. Imagine that home improvement disaster

[@yamama7265]

The CEOs do not care because they get richer everyday

[@tiffanylowles552]

When I heard that our local Walmart fired an employee of 27 years of service right before her Retirement because they didn’t want to pay for her Pension.. I was pissed and banned myself from spending a dime there.

[@Tld6061]

Walmart has no pension, my wife has 38 years at Walmart. There has to be more to the story.

[@raydemos1181]

They all do that, that is nothing new, my brother had his hours reduced a few years before his pension was due, he had to quit or starve

[@tiffanylowles552]

@@Tld6061 this was when they offered pensions back in late 1970’s worked for 27-28 years and retired 1999.. because I heard the story in 2002.. when I was looking for a job.

[@peterkennedy5596]

More bull$hit. You have NO CLUE what you’re talking about. In other words, you’re a liar. Walmart does not have a pension plan. I have stock options in a 401(k) so stop you’re lying.

[@enochrry6024]

Walmart has a max pay, once max is reached no more raises after that.

[@azjersee]

Wal Mart is NOT cheaper anymore, we Love WINCO here in Arizona!!

[@januariusbradley858]

Winco in WA too.👍

[@SupaChinido]

Winco kicks walmart S. Multiple walmart closed due to loss from thieves

[@SamsungGalaxy-nm5qt]

We have Winco her in California too. They have great prices and good quality.

[@blakebortles6098]

WINCO sells weed i love THEM

[@JDWard-Jeepster]

And they are employee owned.

[@richardmeiners6535]

In many small towns, Walmart or a Dollar store are all that is left, if Walmart pulls out the residents would have to drive 10 to 20 miles just to buy groceries. Twice that for clothing etc. My hometown of around 5000 had 3-4 grocery stores, now it’s just got Walmart. If it closes down the town will have to make some tough choices

[@CCJ1998]

Same here too we had 3 grocery stores before Walmart bloated into a Supercenter now it's just 1 and Walmart.

[@4ninefine199]

F Wall Mart. Never spent a penny there and never will.

[@cecerider4414]

Every comment said here to derogate Walmart can be said about other Wall Street based businesses. Zillow et all comes to mind. Big banks and their Reits as well as funneling money out of towns and cities right to their central banks. In other words, it's not Walmart that is the problem. It's the out of state business model.

[@steven1499]

Exactly.....The real culprits are way deeper than Walmart getting away from paying taxes!

[@dyer2cycle]

Governments run their employment the same way....

[@irvingcm58]

I fired Walmart's ass over 10 years ago and it's the best thing I ever did. They will never get another $ from me!

[@martyconroy3786]

25 years here, not a contest, just good for you

[@tonyelbows8045]

me too. went to Costco

[@SupaChinido]

What did walmart do to u?

[@dorothysimpson4462]

I will not step into a Walmart. They are not cheaper and sometime higher.

[@straighttru7376]

Walmart been ripping off everyone way to long.

[@donaldadams6356]

This has been going on for 40+ years with big box stores putting mom and pop businesses out of buisness. No customer service, China garbage products, minimal inventory. Low waged employees can care less about the customer service experience.

[@raydemos1181]

Marshall fields was the best store there ever was quality vs c junk, you paid more but it was worth it, i still own a goose down winter jacket that is like brand new and as warm as ever

[@American-Motors-Corporation]

Well that's what they want you to think but in reality they get their garbage from China too. See this is what I find funny about folks that say what you said. See people used to have the same bullshit idea about Sears and JCPenney and Kohl's frankly there's still enough morons to do but that's because they're too stupid to realize that what they're selling you is basically the same Chinese made shit that you can go to Walmart and buy for a fraction of the cost basically Target is also selling you Chinese made crap only at a higher markup than Walmart because there are stupid people who think that if they pay more for it they're getting something better. So no you've been duped to try again!

[@winniethepoohandeeyore2]

My husband was a contractor for Pukemart, they set up, clean etc car stereo, car battery, tv, stereo deptS. DO they get ANY type of discounts? NOOOOOOOOOOOOOOOOOOOOOOOOO

[@American-Motors-Corporation]

Well no they don't and they shouldn't because they are not direct employees at Walmart they as you emitted are a contractor for Walmart they work for a completely different company so Walmart is under no real obligation to offer family discount and further news a lot of people don't get discounts where they do work I used to work for home Depot I never got a discount my father still works there he's been there for 5 years doesn't get a discount.

[@mikeyg1776]

In the small city im in there is 5 walmart "super stores" along with 9 krogers, 3 Meijers, 4 aldis and all stocked up with food and items. Not including the 217 gas stations and misc stores. There is no shortage of food. There is no shortage of goods. We are all being robbed willingly.

[@sagelow3274]

The masses need someone to blame n Walmart seems to be the scapegoat for these people instead of facing the true problems in this world just go after the people who are playing the same game you are playing. Why would people ever want to go after the powers that created the game because that would make too much sense instead let's blame the neighbor the guy who's poor the guy who's rich

[@American-Motors-Corporation]

Well I do actually agree that I believe that what's been going on for 30 years is simply that Walmart is the tallest man so everybody's going to blame the tallest nail right? I'm not saying that the company is perfect I've worked for them before and I can say that there is a load of bullshit that goes on but you get that with any employer. I would say it's a real truth is to why things are contracting the business in general is contracting is simply because there's an income deficiency across the population that keeps getting worse year after year I mean this is ongoing we can argue 20 25 years if you would like but we could definitely nail it down within the past 16 and then of course we're all aware that the past 4 years haven't been a lot of fun. For the house to blame Walmart the way he did and or a lot of the bullshit research he shows did that's mostly nonsensical propaganda information that's left over from the early to mid 90s. I can remember in the early to mid-90s when most of this got started of course they wanted to claim that you know Walmart came in and ruined these small businesses etc etc while at the same time I remember right around the time just got started it was also being discussed that there was hell a lot of Mom Pop shops that had close down due to the fact that the kids didn't want to take it over or they could not move back home to take it over so they did they basically sold it or they liquidated they got rid of it one way or another. This time around I would say that a lot of the small businesses that have disappeared well they did so under some of the the same circumstances you know business was down enough dude retired he made his money his kids might not have known really what to do with the time maybe they were struggling with employment so they took over the business for a while sometimes that was able to happen and then of course you had the bullshit of 2020 where the local governments come around and wanted to shut businesses down well that has honestly made a lot of us business owners and or previous business hours basically say that we will never start another business in America ever again see that's the shit no one wants to talk so I think that you do have a lot of small businesses that disappeared due to a lot of regulation I think you have a lot of people that you know what it wasn't making a lot of money and chances are they were renting their location and with the rent going up and rumors of more price hikes on rent it really just did not pay them to stay in but as far as the products or services that they offered and a lot of cases they were not direct competitors with Walmart had zero bearing on what they did some of them might have more so more of a direct competitor to a dollar store then at Walmart in a dollar store well those guys have gotten pretty aggressive I mean they're going out in Illinois they've been on that campaign for several years but some of that I think is maybe they figured they'll escape a lot of theft some of that is they finally realize that the countryside communities could use the store there's really no such thing as the General store out there anymore and if there was the mom and pop bunch closed up long time ago way before the dollar store marched into the area you know that's another thing too a lot of businesses died out because their owners died and there again there was no one to take them over it's not maybe that the kids didn't want to it's simply the kids was already gone you know they married they went got other jobs sometimes they moved not only out of town but out of state they can't just redo their entire life to go run some Podunk ass store that their grandparents or their parents had. But then of course a lot of us also have the sensations that it's all been done before the term said if everybody is selling roughly the same shit it roughly the same price then who really has the edge I mean to be honest these corporate Fox are duking it out with themselves in that problem now so where does the small business fit in it's going to open up some sort of General store well they really don't I mean you can decorate it up all nice you can do the nostalgia thing and get customers but the problem is is you know the customer that comes to you that's going to pay five or six bucks for what they could go down the road and get for $2 you can't really expect a large customer base the truth of it is you can probably sell it for the same price and do all right if you can attract the volume of business but sometimes it comes down to location if you don't have enough parking available it becomes a pain in the ass for people to get in and out that alone is a reason to avoid. I mean what you have with a lot of the businesses that have fired up in the past 10 to 15 years his newcomers to the business world in other words they're fairly new business owners and they have never previously had any really experience owning or running a business so they think that if you rent a building and you start a full of merchandise the public just magically comes in and that's not how that works you have to consider things like parking ease of access here's the bitch your big time retailer usually offers those things. The only thing is going to help you out there is if you find a ditch ticket you have to find a pitch product to carry a series of niche products to carry I can say this if you're a local hardware store get into carrying Bruce flies people love it especially if you can sell the brew supplies cheaper than what the local winery might be offering people you can always undercut their price those guys love to price gouge.

[@JS-jh4cy]

That not a small town Proper definition if you have that Manu Walmarts and gas stations

[@mikeyg1776]

@@JS-jh4cy it feels small

[@American-Motors-Corporation]

@@JS-jh4cy well on the other hand I can't say that corporate saturation is a very large issue that's part of the reason most of these chains are contracting they're really just thinning the herd. I mean it was 94 when Walmart change my area and at the time, the nearest area here in central Ohio had a total population roughly figured at hardly 30,000 nowadays the population at any given time is maybe 42,000. So we have a Walmart in Heath which like I said was the first one to open up in the area back in 94. And then in 2000 Walmart open a second store in the North end of Newark. So actually it can be a pretty small town that Walmart shows up in.

[@WisdomSuccessAbundance]

What if you’re too poor to shop even at Walmart??? Thats the situation of millions of people.

[@DDDD-of3hv]

Walmart was a big, VERY big customer of ours. And... if you want to play with them.... you do as they say when they and at the price they say..... pretty damned powerful..... Bentonville was impressive to see when i was there, and just blew me away.... i remember our office out there, we did systems upgrades there. the exec in my office said phuck that office, they get done remotely and you have nothing to do there.... when that office found out, i got a call at my desk, the main person there gave me an earful, politely of course, and upon terminating the call he said would speak to the exec, but did say i will be a plane soon to go to their site. i told my exec, he said F'em, 30 minutes later escroted out and fired. i tried to tell him i think we need to go on site, next morning i was in Bentonville.... They don't play games.... you want to support/work with Walmart you WILL have an office/prescence in Bentonville. straight up power...

[@bentonja668]

Amazon is doing way more damage. I fully expect Amazon to absorb Walmart at some point.

[@Gypseygirls]

Yes ! Your right ! War zone

[@blakebortles6098]

yo micky 1994 style

[@ralphstephens-jm6fg]

Amazon is also hurting retail stores

[@jayaCatLvr-ys5ix]

I dont shop there either.

[@dalestoner2928]

Walmart closing stores and getting rid of Self Checkout. Walmart is hurting.

[@ianandersen265]

Walton's descendants certainly are not.

[@Tld6061]

Walmart said they are adding stores this year. Underperforming are closing. Each district is deciding about self checkouts, they may all be removed over a long time, depends on the amount of theft that location has.

[@dudzinski324]

Self-checkout is being brought back to Walmart. At least in Illinois.

[@jayaCatLvr-ys5ix]

zinski324 I dont do Walmart, I dont do self checkout!

[@12HpyPws]

Walmart began as a small town five-and-dime ( Waltons). Sam Walton just did it better. Bought for less from his supolier if he bought more. Passed along the savings.

[@SamsungGalaxy-nm5qt]

They also used to only sell products that were "made in the USA".

[@purpledream1045]

There’s no reason to shop in Walmart because price is not good and quality so so😂

[@KennTollens]

Not supposed to have a monopoly, but price monopoly is legal.

[@Yasharalal144]

BABYLON FINISHED!!!

[@MissAnkh_ah]

Yup, it’s collapsing from within under the weight of its own greed ignorance and parasitic nature.

[@steven1499]

The Vatican is still running "Babylon" this world's system! America is a puppet country that's all like every other country in this world!

[@steven1499]

The Vatican is still running "Babylon" this world's system! America is a puppet country that's all like every other country in this world!

[@steven1499]

Says you tube know it all! The Vatican is still running "Babylon" this world's system! America is a puppet country that's all like every other country in this world!

[@steven1499]

Oh really... what's the Vatican's role in Babylon genius?

[@sofiaalonzo807]

I heard they don’t treat their employees right and then the employees treat the customers I’m fairly it drips down.

[@greensandbeansgaming1358]

Aldi is always cheaper. All the food in the grocery store is toxic less you eat better off you are.

[@steven1499]

Aldi sucks too!

[@SamsungGalaxy-nm5qt]

Aldi has racist policies. The food selection isn't that great but their imported chocolate selection is devine! I don't shop there anymore, just used to get good chocolate there.

[@blakebortles6098]

@@SamsungGalaxy-nm5qt racist policies damn i got pissed they charged for bags lol lol

[@dyer2cycle]

We have an Aldi, and it absolutely is NOT "always cheaper"..very often, it's not! And their selection sucks. Very often, the weekly sales our regional grocery chain beat Aldi's prices on many items, you just have to watch the sales...and sometimes Walmart....

[@greensandbeansgaming1358]

@@dyer2cycle So sometimes Walmart is cheaper, then most of the time Aldi is.

[@CCJ1998]

Past couple of years I've noticed Walmart higher than lot of the local and Texas chains HEB has been eating their lunch lately. Not to mention Walmarts food isn't as fresh either.

[@debrajohnson8030]

We are at the end of times !!!

[@blakebortles6098]

albert pike 3 world wars - georgia guide stones

[@OffensiveAtheist]

What are you going to do about it?

[@charlesmorris2701]

No matter what we do….its all set up to come to an end.

[@Pihlalorjoone]

If people of small cities would shop at the small shops rather than Walmart everything would be fine. But they don't...

[@SupaChinido]

Dollar stores sell trash for real

[@blakebortles6098]

at some point ppl will dumpster dive for f00d

[@normamead4511]

Thank you for info

[@barrywilliams991]

I live in a small town in North Georgia. The town has 35K residents and 42K in the county. We have 2 Walmarts, a Sam's Club, a Publix grocery, a Kroger, 2 small IGA groceries and 2 Family Dollar stores. All of the stores seem to have plenty of business.

[@dimitriberozny3729]

WALMART is a real estate company:WP properties is Walmart’s real estate division.

[@dyer2cycle]

Much like McDonald's is...shopping at Walmart, I can understand...but eating at McDonald's??..there are SO many better options, and McDonald's isn't cheap anymore, either....

[@kevinnoack8671]

Walmart 🤮

[@earlscott2065]

People need to try and not shop at Walmart stores! We need our mom and pop stores back..at least they would have some sales in their stores!

[@jamckeon]

Mom and pop businesses were deliberately destroyed in 2020...all part of the plan

[@StephenB-iy7pr]

Why would I listen to you telling where I shouldn’t shop. Are you going to buy my groceries and feed my family?

[@dyer2cycle]

As someone who has a small business, I can tell you, you try to sell stuff Walmart doesn't sell, find a "niche", sell better brands, quality, etc...then, you discover later that those supposed "exclusive" or "premium" suppliers are nw selling at Walmart, undercutting you, of course...those suppliers just can't resist the lure of the potential volume and added exposure they will get at Walmart, and cave in and sell there..I'm sure often selling at a loss or probably lowering quality...

[@user-ww2lg6nh7z]

Amen Walmart n big monopolies need to go and let small business more.jobs more.companies flourish it's common sense

[@lbaker3602001]

Saw an PBS special on T.V. Walmart makes between 90 -95% profit on everything they sell in the store. That $1 item that came from China, including making it, shipping from China, to placing it on the shelf, W.M. will make a 90-95 cent profit.

[@onlyincanadaapity1883]

And Costco is just as sic. Amazing how many Costco parking lots are jammed full. We don't go to either of them.

[@utoob7361]

I try not to patronize Walmart because I find that much of what they sell is the worst kind of low-quality imported Chinese junk. You're better-off paying a little more elsewhere for products that don't self-destruct in a short time.

[@jayaCatLvr-ys5ix]

I never shop at walmart, never will, no amazon 4 me either.

[@NBZW]

Haven’t dirtied my self with Walsomethingoranother sense the mid 90’s. Small town in western Oklahoma was told they would have to drive 150 miles one way, too a-location in Texas. This is after every small business with the exception of a barber shop and the Indian affairs office were forced out, Memory fails me but I believe the town was Guymon.

[@Incognito-fe8cw]

Greed, corruption, and guess what ? Costs of living are so high that many are now shopping bare necessities and stopped buying all kinds of shit they don't need ! Could that be part of the problem I wonder !?

[@okboomer6201]

Saves me money big time.

[@winniethepoohandeeyore2]

YAY! MR DOOM POSTS!! Nearest Pukemart near us is over 30 mins away in a big city..Pass. I only shop local.

[@Leondrius]

Who couldn't see this coming, though? They announced decades ago that their goal was to wipe out the competition. That's why I never shop there unless I have to. People create their own circumstances.

[@Tracker709]

I could be dying of thirst after walking 10 miles. I would not go to Walmart For a 50 cent bottle of water. Like they’d ever have one.

[@TroyHanson-ch6nm]

This is not fully accurate.. Wal-Mart pays better in my area then anyone else. I was interviewed 1 yr ago for a stocking job and was offered 20.05 per hour an a mile long list of killer bennies.. No small biz or large box store pays no where near 20.00 for stocking. So this is not fully true what you claim

[@donatosaintlouis627]

Why are these towns allowing Walmart to come in. Say no, and your town will thrive politicians.

[@dimitriberozny3729]

WALMART vs KROGER,it almost happened!!

[@toserveman9265]

A 99 cent four buildings from Walmart was closed 2 years before bankruptcy, over apartments that were never built, for migrants, in Simi Valley, CA

[@user-pr4oq4mm7p]

On news, a lot, while in this area, not a lot store closing, nor a lot of other biz issues except one branch closure this month only. Actually, bank branch(es) closure happened in the past yrs, like 2 branches of BOA at 2018.

[@billnjune]

Perhaps, as the economy gets worse, the higher union demands are putting stores under and not the non-union Walmart. Personally, I will support the non-union business.

[@blakebortles6098]

yo hoffa lol

[@sofiaalonzo807]

Walmart is so big it’s overwhelming they have so many products when I wanna buy food I just want to seafood I don’t want to see all kinds of stuff everywhere they overstock and people are not buying that much.

[@KlausYourDaddy]

When?

[@Sinner4life]

This is old news. Walmart has been doing this for decades!

[@danielsweeney6742]

Here is a good example a year ago I needed to buy windshield wipers for my vehicle. I first stopped at a auto supply store. Bought the blades. Drove over to Walmart. The same blades were 5 dollars cheaper. Why not buy for 5 dollars cheaper. I brought the ones I bought at the auto shop store back for a refund.

[@dyer2cycle]

Auto supply/parts have become notoriously expensive lately, selling low quality Chinese auto parts at very high prices, because they can...and they really are a ripoff on oil, fluids, additives, and other consumables...this extends from the big chains down to the "mom and pop" variety...so, if I can find oil cheaper at Walmart, I will buy it there without shedding a tear for those ripoff auto parts stores....

[@mikeward7290]

I noticed a K Mart being demolished today in Hesperia, Ca. Is your city or town demolishing vacant buildings?

[@neohistoryfan1014]

The rubber city has always had an "erase and replace" mentality since the late 60s

[@terrymaynard2718]

Spring hill Florida demolished empty giant sears building . Now erecting new same size building for BJ s similar to sam.s club across the street . .

[@davidsalas9755]

You can't be top dog forever.

[@skibee50]

WoW eye opening

[@joernone]

No problem here with Walmart. Don't like it...don't shop there.

[@michaelstevens932]

Walmart Children took over the company and that's when Walmart started going downhill.

[@atenas80525]

BOGUS - you didn't even mention the health insurance benefits that Wal-Mart employees are eligible for, which they often can't get with a local business

[@el-hp1lj]

If you actually have money and are stepping near retirement, you don't want Walmart or other big Corporations to go down. Because if they do, you're investment money goes away just as quickly as they do. There is absolutely a major draw down coming in stocks. It has to happen. Its all part of a long term cyclical system. If your in yours 20s 30s 40s Younger 50s You WANT this. You want the markets to come down in value , so you can actually afford to buy into it. You don't need the investments to pay out dividends now, since you are young, healthy and capable of earning a paycheck. You should only be worried about your assets losing value when you are about to stop earning a paycheck. I.E 60s 70s and are depending on those investments to carry you to death

[@motoole3200]

Thanks for the reality check. We survived the Irish patatoes famine, and improved the English Language. ABC, Approach.

[@tammypaige5468]

I haven't shopped at Walmart in a decade

[@PinkPopCornDragon]

I did not know about this. I will cancel my Walmart+ subscription after watching this.

[@Baraborn]

Is it possible to STOP Walmart from coming back in again after it leaves?

[@ddm220]

Everything cost more these days. Housing, cars, food, insurance, health care and the list goes on. Give people a break ! Here is a store they can save a few bucks in. You think they should spend money in a higher price store ? Maybe other businesses should LOWER prices. Car prices are starting to fall why ? Because people can't afford them ! Get the hint ? Watch how prices fall when we stop buying ! People would then have money to spend in other small businesses !

[@davekonrad4712]

No they are NOT! They are closing 75% of stores! So get it straight!!

[@DouglasFrinkle]

We had a Walmart store shut down a few years ago,

[@MartiBaker-zs3xf]

Should we assume it's a double whammy in cities where there are both Walmart(s) and a Sam's Club?

[@adrianfernandopulle9674]

Walmart should move to Switzerland too, in order to bring down prices in Switzerland

[@atenas80525]

BOGUS - you mentioned 99 stores, but never connected to Wal-Mart. Concurrent doesn't mean causation. How big a deal was inflation and covid?

[@ASOUL-rb9re]

End all competition. They are just Distribution Centers.

[@dimitriberozny3729]

WALMART vs AMAZON,the war is on!!!

[@Gypseygirls]

Wahoooooo !!! Yup.

[@blakebortles6098]

ww3 will pop off at some point

[@mohsinpanjwani5875]

Yet aldi still beats walmarts price tag on a daily basis 😂

[@NNokia-jz6jb]

Aldi in EU is not cheaper anymore than others.

[@MoranJeda]

*Thanks for this video! I feel sympathy and empathy for our country's low income, people are suffering to survive. I appreciate Luna Cox you've helped my family with your advice! Imagine investing $1.5k and receiving $5k in 4days*

[@FeliciaJagger]

That is true my dear, Investment is the best idea presently and without it, human struggles are worthless.

[@KyleRahgma]

It is really good to multiply your income before you wake up one day to realize you didn't plan well for your future endeavors!!!

[@NapoleonOwen]

Luna Cox totally changed my life for good. I have come across individuals but none is as honest as she is. So surprised you know her too.

[@MoranJeda]

That woman has changed my life for good. I attended her class a couple of weeks ago and she's awesome when it comes to guidance...

[@KnSteve]

Could you be kind enough to share her info???

[@curtisdavis8261]

Yeah, We're Dead Meat Or Toast, Now!

[@carlportland]

portland lost it - no more wal-marts. Is that a bad thing?

[@dlourdes4743]

This video is 25 years too late...the harm committed is irreversible

[@Zindo.Majesty.HisMajesty]

I keep waiting for any of these thumbnails to actually happen

[@jimmtech]

What a manic, narrative presented here - 1st half, Walmart is bad for coming into communities; 2nd half, Walmart is bad for leaving communities! Well, which is it?

[@deannadove3505]

The bottom line is this is your all mighty capitalism at work. Competition is what Wal Mart does best. People are going to buy where the prices are lowest period. Wal Mart is a gleaming example of successful capitalism. Now we the capitalist country are condemning Wal Mart for playing the game by the rules for succeeding, fairly. No, we the capitalists created this monster. This country runs on corporate greed. You can't have it both ways, every retailer on equal footing, none being more profitable than the other. Why that's down right communistic. Wal Mart offers consumers the lowest prices, by a long shot especially these days when more folks than ever are scrimping just to put basic food on the table. I for one am thankful for Wal Mart and will continue to proudly shop there. Wal Mart is competitive offering the lowest prices to everyone. In this country profit is king and Wal Mart is a gleaming example of that principal. It's unpatriotic to complain about capitalism being done very well.....right? Oh and one more point Wal Mart is the LAST retailer to hike prices. When they finally do, the hike is at a much smaller percentage/rate that other retailers. We don't need to be told this, just go shop at Winn Dixie, Publix, Meijer, Kroger or any of the others, you see the who has the lowest prices and for how long they stay lowest.

[@Orecatmeatprocessors]

Good post! Wal-Mart saves me lots of money. We're not a bunch of Communists waiting for the govt to tell us everything to do and then steal everything they can!

[@SamsungGalaxy-nm5qt]

Capitalism is very GOOD. Corporatism is very BAD.

[@fbi7938]

I've stopped eating

[@sarmadsaeed6235]

Islam discourages the big shops carrying everything under one roof and asks to open specialized shops of different types of items separately...

[@plcofsolace]

Can't bring myself to buy their meats

[@michaelidarecis]

This is the eventuality of capitalism. Enjoy it! The concentration of power is what this Walmart type business model

[@davidhall9408]

Funny we made walmart stop buying there then complain should have been mad long time ago