Sam's club closing 64 stores abruptly!

DarkMatter-X

Rising Star
BGOL Investor
Wal-Mart minimum wage goes up to $11 an hour, while closing their SAM'S locations. Lithonia store closed today, with no warning for employees or patrons. SMH!
 
I doubt this has anything to do with minimum wage. it's Amazon kicking the crap out of retail.

No there not!! Online sales only make up 3 -8% of sales!!! The retail industry has been imploding since thanksgiving 2016!! This colony is on the verge of a big time crash, that going to make the great depression look like a recession!!! But keep thinking online sales is the issue!!
 
No there not!! Online sales only make up 3 -8% of sales!!! The retail industry has been imploding since thanksgiving 2016!! This colony is on the verge of a big time crash, that going to make the great depression look like a recession!!! But keep thinking online sales is the issue!!
amazon putting stores out of business
 
Damn that's fucked up. :smh:

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amazon putting stores out of business

Not really!! 50% of the population makes under 30k, thats what putting stores outta business!! I know the media is pushing that narrative, but if you do sum researching around youll see how people just dont have the money!! I dont know what part of this colony you live in, but look at the strip malls, malls and notice how many of those stores are closing. Amazon sells sum shit dont get me wrong, but there not putting billion dollar retail stores outta business!!
 
good

every time i saw a good deal from them it reminded me that you need to pay for membership to get it
 
No there not!! Online sales only make up 3 -8% of sales!!! The retail industry has been imploding since thanksgiving 2016!! This colony is on the verge of a big time crash, that going to make the great depression look like a recession!!! But keep thinking online sales is the issue!!

The great depression was a recession. E commerce is about 8% of all retail sales and Amazon see's about 50% of that. Retail sales have steady increased with no implosion in site. Post that shit you mentioned.
 
The great depression was a recession. E commerce is about 8% of all retail sales and Amazon see's about 50% of that. Retail sales have steady increased with no implosion in site. Post that shit you mentioned.

Okay retail is increasing!! :smh::smh::smh:
 
63 Sam's Club stores are closing their doors
http://money.cnn.com/2018/01/11/news/companies/sams-club-store-closing/index.html

"Throughout the day, local news outlets across the country, reported that closures happened without notice. Some reported that bewildered employees showed up to work to find out they no longer had a job."
"Alex Corona -- who has worked in the tire department at a Sam's Club...walked into work Thursday to find the door guarded by two security guards with a sign saying the store was closed."

I know they say its cold out on these BGOL streets..... but Sams Club just turned the thermostat down to "0 fucks given degrees"

:frozen::frozen::frozen::frozen::frozen:
 
Both my nephews went in to work this morning and the doors were lock, no warning what so ever. Me and wifey were just in there yesterday and it looked like business as usual :smh::smh:
 
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