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Sams Club Closing Hundreds of Stores


TheBlockIsHot

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https://www.cbsnews.com/news/sams-club-closings-take-place-nationwide/

On the eve of Walmarts announcement to raise wages and gives bonuses to workers, it is quickly off-set by the closure of hundreds of Sams Clubs stores, which is owned by WalMart!

It was never about the tax plan as @concha wants you to believe. More fake news!

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At the end of the day, it is always about perceived business opportunities.

The good news is that not all employees will be laid off as they plan to convert some into fulfillment centers for its eCommerce business.

The bad news is that: some of the employees will join the ranks of the unemployed and even worse, these employees did not even know about the impending layoff till the news hit the wires. Seems like they don't get a lot of respect. 

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Just now, DarterBlue said:

At the end of the day, it is always about perceived business opportunities.

The good news is that not all employees will be laid off as they plan to convert some into fulfillment centers for its eCommerce business.

The bad news is that: some of the employees will join the ranks of the unemployed and even worse, these employees did not even know about the impending layoff till the news hit the wires. Seems like they don't get a lot of respect. 

It's just funny how the trolls on here only promote the bonuses and wage increase, while leaving out the hundreds of stores closing, and thousands of employees losing their jobs. Same old song and dance. 

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Just now, TheBlockIsHot said:

It's just funny how the trolls on here only promote the bonuses and wage increase, while leaving out the hundreds of stores closing, and thousands of employees losing their jobs. Same old song and dance. 

Most have an agenda. Some probably benefit from misery (may be a few billionaires on here for all I know). Others are just true believers who worship a false messiah. 

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13 minutes ago, DarterBlue said:

Most have an agenda. Some probably benefit from misery (may be a few billionaires on here for all I know). Others are just true believers who worship a false messiah. 

Or, alternatively, the compensation increases happened to be announced much earlier than the store closings judging from the time on the article provided.

Indeed, some folks have an agenda.

FYI, the number of employees receiving some combination of bonuses/pay increases/benefits improvements is now over 2 million and counting. [Queue the folks with an agenda ignoring this]

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13 minutes ago, concha said:

Or, alternatively, the compensation increases happened to be announced much earlier than the store closings judging from the time on the article provided.

Indeed, some folks have an agenda.

FYI, the number of employees receiving some combination of bonuses/pay increases/benefits improvements is now over 2 million and counting. [Queue the folks with an agenda ignoring this]

how come when we had much bigger tax cuts in the past we never had pay increases associated with them?

oh and btw, 2 million out of 320 million Americans does not sound like much

in fact, even hillary got more votes than Trump by over 2 million. 

great PR, real world bullshit

 

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18 minutes ago, concha said:

Or, alternatively, the compensation increases happened to be announced much earlier than the store closings judging from the time on the article provided.

Indeed, some folks have an agenda.

FYI, the number of employees receiving some combination of bonuses/pay increases/benefits improvements is now over 2 million and counting. [Queue the folks with an agenda ignoring this]

So you think a small bonus and an 11 dollar an hour minimum wage is a big deal for the biggest retailer, with the highest profits, on earth?

Get real. This is long overdue and could have been done a long time ago. This is another PR stunt to win you TrumpTards over. 

11 dollars an hour is still not a living wage. 1k bonuses were only given to those with the company over 20 years. That means most people got a few hundred, if that. Thanks a ton WalMart 

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9 minutes ago, noonereal said:

how come when we had much bigger tax cuts in the past we never had pay increases associated with them?

oh and btw, 2 million out of 320 million Americans does not sound like much

in fact, even hillary got more votes than Trump by over 2 million. 

great PR, real world bullshit

 

1) There hasn't been a major tax reform since the 1980s. How are you sure no pay increases happened? Real median HH income did increase in the 80s.

2) Tell that to the 2 million and their families. Also, the number is growing daily. Btw, the workforce is about 160 million. 

3) And she is busy making sure the fire in her Chappaqua compound burned everything she needed burned, and Trump is the president.

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9 minutes ago, noonereal said:

ya think?

WalMart has cost you I and Trumptards all kinds of money to keep their workers fed but now we should applaud King Henry for the morsels he throws down?

 

The American tax payer has been footing the bill for Wal-Mart's workers for decades. Wal-Mart has been double dipping for decades as well by having the taxpayers foot the bill for their lousy wages, and continue to collect food stamps has a large percentage of their revenue. 

Wal-Mart is the biggest recipient of welfare dollars in the United States. Chew on that. 

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A quick update on a personal level. Here in the Orlando Metro, it has been reported that a Sam's Club located in Fern Park is set to close for good on January 26, 2018 and was closed today in preparation for permanent closure. Not only did management not inform customers of the impending closure, but employees showed up for work today and were told to go home.

This is the kind of stuff that you would expect from a mom and pop business closing its doors. Surely it is not what one would or should expect from a corporate giant!

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5 hours ago, TheBlockIsHot said:

https://www.cbsnews.com/news/sams-club-closings-take-place-nationwide/

On the eve of Walmarts announcement to raise wages and gives bonuses to workers, it is quickly off-set by the closure of hundreds of Sams Clubs stores, which is owned by WalMart!

It was never about the tax plan as @concha wants you to believe. More fake news!

It's a matter of people not being IDIOTS I suppose! Why pay $65.00 a year, EVERY year, for membership! In order to get a 20% discount at Sam's Club?

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1 minute ago, ORabidOne said:

It's a matter of people not being IDIOTS I suppose! Why pay $65.00 a year, EVERY year, for membership! In order to get a 20% discount at Sam's Club?

You don't pay that if you're smart. You get cash back rewards at Costco which pays for your membership every year. 

I don't do Sam's. It's nasty ass Wal-Mart. 

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14 hours ago, DarterBlue said:

The good news is that not all employees will be laid off as they plan to convert some into fulfillment centers for its eCommerce business.

Not what I read. 

I read all are fired. They got to work and found doors locked!, can you imagine? what do these poor people do? They even had to incur the cost of driving to work to be jobless. That is unethical and frankly, immoral. 

The fulfillment centers will simply accepts applications from former employees as it will from non former employees. 

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36 minutes ago, noonereal said:

Not what I read. 

I read all are fired. They got to work and found doors locked!, can you imagine? what do these poor people do? They even had to incur the cost of driving to work to be jobless. That is unethical and frankly, immoral. 

The fulfillment centers will simply accepts applications from former employees as it will from non former employees. 

If that is the case, then I stand corrected.

And, yes, here in Orlando, employees and customers of the Fern Park, Sam's Club were greeted with a shuttered store yesterday. As I commented above, this is the kind of behavior you would expect from a mom and pop business, not a corporate giant. 

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2 minutes ago, DarterBlue said:

If that is the case, then I stand corrected.

And, yes, here in Orlando, employees and customers of the Fern Park, Sam's Club were greeted with a shuttered store yesterday. As I commented above, this is the kind of behavior you would expect from a mom and pop business, not a corporate giant. 

big, small, mom and pop, corporate giant, it's not a matter of size,

it's a matter of up bringing, it's a matter of social responsibility, it's a matter of ethics, it's a matter of morals, it's a matter of principle

 

 

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1 minute ago, noonereal said:

big, small, mom and pop, corporate giant, it's not a matter of size,

it's a matter of up bringing, it's a matter of social responsibility, it's a matter of ethics, it's a matter of morals, it's a matter of principle

 

 

You are lacking a bit of empathy for small businesses. Often the proprietor struggles to the very end to keep the doors open. At times, he/she must delude himself/herself into believing that everything will be alright: it is their life's work, after all. Often there are negotiations with creditors right down to the very end. Further, as a matter of practicality, each employee at a small business means more to its survival than at a large corporation.

In the case of Wal Mart and its handling of Sam's Club, none of the above applies. What difference would it make announcing its intent to its stakeholders (employees and customers)? The answer is a few dollars of extra expense the equivalent of pocket change to you or me. 

I am not saying its right for a small business to exhibit that kind of behavior. I am saying, though, that I can understand where the small business man or woman would be coming from in such a situation.  

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Red Robin, a burger and beer restaurant business headquartered here, announced they will be letting go all their bus people in order to be able to afford the minimum wage increase. They reported doing this in their 550 locations will save the company about $8M that they need to help offset the increased wages they must pay.

There are positives and negatives to many things.

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44 minutes ago, maxchoboian said:

Red Robin, a burger and beer restaurant business headquartered here, announced they will be letting go all their bus people in order to be able to afford the minimum wage increase. They reported doing this in their 550 locations will save the company about $8M that they need to help offset the increased wages they must pay.

There are positives and negatives to many things.

So, this is a reaction to government intervention through mandated minimum wage hikes.

Not due to the tax bill.

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1 hour ago, maxchoboian said:

Red Robin, a burger and beer restaurant business headquartered here, announced they will be letting go all their bus people in order to be able to afford the minimum wage increase. They reported doing this in their 550 locations will save the company about $8M that they need to help offset the increased wages they must pay.

There are positives and negatives to many things.

You're an idiot. If a business can't afford to pay employees a 10 or 11 dollar minimum wage, they shouldn't be in business. All of the cities with higher minimum wages are flourishing as they always did. 

The rest is fake news. The average hourly wage in the US is around 23 dollars an hour. That's AVERAGE. The fact that people like you have been trained to think that 10 or 11 bucks an hour is too much or not fair is just ludicrous. 

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53 minutes ago, concha said:

So, this is a reaction to government intervention through mandated minimum wage hikes.

Not due to the tax bill.

There has to be government intervention with wages. It has been shown that businesses will not do the right thing when not regulated properly. 

The whole keeping the minimum wage low thing is just a NeoCon talking point to ensure businesses can keep more of their RECORD profits instead of having to pay out a few more bucks in measly wages. 

Don't be a sheep. 

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On 1/12/2018 at 10:51 AM, TheBlockIsHot said:

There has to be government intervention with wages. It has been shown that businesses will not do the right thing when not regulated properly. 

The whole keeping the minimum wage low thing is just a NeoCon talking point to ensure businesses can keep more of their RECORD profits instead of having to pay out a few more bucks in measly wages

Don't be a sheep. 

And Executive Bonuses. That, and the liberal grant of stock options to management, is one of the chief reasons why wealth disparity has grown over the past 30 years in the USA. 

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49 minutes ago, DarterBlue said:

And Executive Bonuses. That, and the liberal grant of stock options to management, is one of the chief reasons why wealth disparity has grown over the past 30 years in the USA. 

And letting in millions upon millions of low wage illegals to keep blue collar pay down. And eventually vote for Democrats.

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