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WAL-MART closing stores

jm.

jm.

Well-known Member
Location
Dover TN
Real big deal here in this little one horse town I live in. Last fall Wal Mart comes in pays too much for land right in front of high school, then rough shod over got the beer board to change rules where they could sell beer to go. They did not check the law BEFORE they bought the land and were too close to the school. Anyway lots of hard feelings, some folks quit jobs to take a job there. It was a store called express Wal-Mart not a real big store but was to put the pressure on dollar store and local food market. Investment of close to a million dollars I am thinking. This week , less than 4 months from opening Wal-Mart announces they are closing 102 of these wal mart express stores. Sure looks like poor planning on someone,s part. I am sure they will take all the tax write off they can but sure messed up several folks lives. One never knows what is going to happen next. Thing is this store was doing a booming business. County sales tax collections were really rolling in now it will go to a larger city in another county.
 
I live in west central Arkansas. Within 40 miles there are 5 of these Wal Mart Express stores they are closing. None have been open much more than a year. They are built in areas where there is basically little or no competition. Stores have pharmacy and has pumps. Also groceries and some other frequently used items.

All these stores seem to be doing a good business and we shop at these stores when we are in the area. The closest one is 18 miles from us. Nice neat set up and easy to shop in. They all have that Wal Mart touch.

We just can't understand Wal Mart closing these brand new stores. It makes no business sense to me.

Just my thoughts.....
 
Times are changing, more people are shopping online for everything, and having it delivered to their homes & businesses for less money & time, than they can go out and buy it for.
 
A lots has to do with Wal Mart raising starting wages to $10 dollars an hour last year. Since then they have cut back hours, number of associates working, and closing stores.
 
Around here every town too small to support a Wal-Mart or Meijers has a Dollar General. I suspect that's who Wal-Mart was trying to compete with. Guess it didn't work.
 
They are closing stores called Walmart express . At least 102 0f the 154 closing are these express stores . They can't compete with the dollar stores { I guess cheap junk can be sold even cheaper there}.Amazon onlines sales also. , But I read they also plan 165 new stores for the new fiscal year starting in Feb. The smaller size locations is what seems to have failed ,not so much the full size Walmarts.
 
Town I live close to got one bout year ago. Parking lot full every time go buy. Its on closure list. Killed grocery store 2-3 months ago maybe hurt drug store but 20 miles to East bought old church tearing down to build new one. This town not where I live has 2 super walmarts and 2 year old sams club.
 
are they just gonna close the store where the over weight, over painted and tattooed skankie poorly dressed /undressed trailer welfare trash seem to be competing for some kinda barf contest ??? ''or maybe thems the stores THAT are being kept open to at the very least serve for a safe haven for the nnalert prez nominees to campout whenthey are confused and have no place to go and need to recharge their culture ..
 
old bob I have to disagree with you on the "Walmart touch" meaning well stocked, easy to get in and out of.
The Walmart here in Mankato mn. is huge so there is never parking close to the door. You have to walk across a 20 acre parking lot to get in and last year or two they are sold out of many items on grocery shelf.
 
Around here, the "wallyworld touch" means understaffed and a LONG wait to check out at the two or three registers that are open.
 
History just repeating it self. Over the year I have seen this happen. Montgomery Wards did this and went under. Sears did this and had to down size. K-Mart has done the same thing. And there have been others. Get to big to fast with out looking before they leaped causes problems.
 
Hear 5 express are closing within 50 mile radius of North ms. most not open much over a year, all with good business, building 2 with in 60 miles west of us----------Go figure
 
It is the same here as others said. A very nice Express that is less than a yr.old , six miles from me is closing . It is in a good location , easy in and out on to a state hiway. This one has fuel also.
It is rite next door to a local grocery store , I bet they are real happy with the Express closeing down.
 
I started researching when I saw the headline on Drudge. It looks like they consider the Express stores a failed experiment and are wiping them out. I was worried about the supercenter near me in a rural area, which I'm happy to have. Turns out this year they're going to build more supercenters than what they're closing down.
 
They just built one of the Neighborhood Markets in my town this time last year. It will be open 1 year to the date its closing. I have only gotten gas there, but I know some of the older people, and those who aren't that well off, frequent the store. Heres the kicker: one town over ahs a Super WalMart, the NM like 4 miles away, and a new NM opened yesterday 2 miles away.
 
As far as planning,I think it's just some college boy with stick pins and a map saying "We don't have a store here,let's build one.".
 
These express Wal Mart stores are small in size. Probably 50 parking spaces total. I know a lot of folks resent Wal Mart and I am sure those are legitimate reasons. These stores they are closing on our area were placed where there was a need for them. Towns with less than 2000 population.

That is my thoughts they were needed.
 


What amazes me is that pretty much everyone hates Walmart, Lowes, Dollar General, TSC and most every other chain store. They complain mightily about the poor Mom and Pops having to close up. Then, from what I've seen around the web, when one of these stores closes they complain mightily about the lost jobs, the hit to the local economy and that they'll have to go to a Mom and Pop 2 towns over and pay outrageous prices for the same Chinese junk Walmart sells.

I swear, some people simply live to complain.
 
Really anti business attitudes are why small towns are drying up.Walmarts pay better than
the other comparable stores and help keep prices down whether one shops at the Walmart or their competition.Plus they pay a lot of taxes.Two Super Walmarts within 8 miles of my farm and 7 within a 40 mile radius a whole lot of people employed in them.Several of my friends work at Walmart and are glad for the job.
 
Walmart closes stores and opens more stores.

Wal-Mart said that it's still sticking to its plan announced last year (2015) to open 50 to 60 supercenters, 85 to 95 Neighborhood Markets and 7 to 10 Sam's Clubs in the U.S. during the fiscal year that begins Feb. 1. Outside the U.S., Wal-Mart plans to open 200 to 240 stores.

Seems the news only dwells on the store closings.
 
When I was a boy, we had mom and pop shops -
my Dad even had one. Their selection was poor,
after work or weekend hours when you NEEDED
them to be open we're nonexistent. Returns were
nearly impossible. Generally only hired family and
those who weren't had no career path or much in
the way if pay and benefits. Prices were high too.

We have a Walmart, lots of folks employed,
retirement and health care plans. It ain't like
working at Ford, but IMHO a better deal than the
mom and pop shops.

I can buy at Walmart (and other big box stores)
many items at regular price cheaper than when on
sale elsewhere. I can return ANYTHING - even at
3am - no hassle.

I for one kind of like the big box stores.

But you're spot on - many hate the big box stores
when they come and lament when they go.
 
I never thought I would live to see the day when a bunch of old farmers would be supporting Wal Mart!
They are emblematic of everything that is wrong with our economy ie. cheap imported goods shipped in from despotically ruled countries (China), bad treatment of employees (low wages, limited weekly hours and thus no benefits) and bullying tactics to force local competition out of business. Are we so addicted to their "low" prices (which price comparisons sometimes prove false), that we willing to forgive all of these failings?
 
Interesting reply. I would have thought most people with the writing skills you appear to posses would align themselves with the "dem prez nominees" if they'er what I think you are referring to.
 
Sounds like they've simply over-saturated some areas. In SW Washington, they're 30 to 40 miles apart, and all seem to be doing well. I don't shop there routinely, but get a few items there that are much cheaper. My only objection has been the long lines at checkout, but they have self-check now, which I always use. The self check was a disaster ("one for you, one for me; one for you, two for me") until they installed a monitor person to watch the action.

All around here are the big stores- I haven't seen an Express here.
 
Does anyone know which Walton owns the express stores as they seem to be the most closing up. When old man Walton passed all the walmart business was divided among 3/4 people. Seems like I read where his wife received all of the old walmart stores, his daughter got the sams clubs, son got the supercenters and maybe another son or daughter got the express scripts or pharmacy stores. Anyway some thing like that. Just wandered who owned them. Really surprised though because our president is saying the economy is so good. HA HA.
 
The bottom link works . Interesting. Looks like they are not good to work for. Looks also like the taxpayer is paying for a lot of Walmart worker benefits. The health car is deducted from their checks. The movie is stating the health care cost way higher than what I have read on the internet. The devil from Bentonville.
 
From what I understand, also, it is the Express stores and stores in areas where there is no longer the population to support the store, are mostly being closed up. Seems the Express store was a pilot program and hasn't worked out. Personally, I take that to mean: We are getting out of the high-crime/high theft stink holes that everyone else abandoned years ago. I believe that the online sales thing is really putting a crimp in all brick and mortar store sales, not just Wal-Mart. I know that with the advent of the expense of external_link-Care, and the competition from online, nearly everyone in retail is reducing their work forces to bare minimums, which reduces service, contributes to stores not being as clean and organized as they should be, and ticks customers off even more and compounds the problem. When Wal-Mart opened their store here in Lowville, is was a god-send. It was pretty much the only game in town as far as department stores went. Even with the lack of competition in the immediate area, they really felt the pinch of online sales this Christmas season.


Interesting how these cycles keep recurring isn't it? Remember when Sears Roebuck and Montgomery Wards ruled the sales world with their catalog sales and the box stores put them out of business? The worm seems to have turned once again and the modern version of "catalog" sales is putting severe pressure on the brick and mortar stores again.
 
Maybe you should ask that question of the guys who are selling corn at $3.30 a bushel or the guys who are selling milk at $12 less than a year and a half ago and see what they think of paying $19.95 for a pair jeans or paying $75 or more for a pair of American made jeans. It's called Capitalism and we priced ourselves out of the consumer markets. 25 or 30 years down the road China will price themselves out of the market, just the same as Japan and the US did 30 years ago.
 
They put a new store here in '95, they destroyed a complete farm, the house, barns, silo and one nice field adjacent. The town restricted them to not making it a super center then. 10 years later its back on the table, they want another 70 acres about 200' from the western portion of of 20 acre pond we own. They proposed a super center there, and said we need to build this to serve you better. In the existing store the stock on the shelves was less than ample to make people buy into this, so you can easily see what they do. Make the store look bad, then push to build another one. This would abound the little league field via its parking lot. Great and given the things that go on in these parking lots, interstate truckers parking, street thugs from the nearby city that are bused in, yeah, thats what you want around your kids at the little league field. My long time friend farmed some hidden/oddball fields in there too. The town initially made a mistake with its decision way back when, because you knew they were coming back. The resistance for the new site just down the road was enough to make them retro-fit the existing Walmart. That was always an issue, closure and new abandoned buildings. We already had one grocery store, it was built when I was a kid, another field destroyed, but at least we got almost 30 years out of the store. Now this corridor is bustling, that building was converted to a car dealership. Funny how now I can remember before all of this, nothing but farm land, and you had to go a lot further to get to any retail stores, all of those were small business's even the grocery stores, can still smell those grocery stores too, things sure were different.
 
Yup, even with the reduced external_link-Care work force the local Wally-World is still one of the largest employers in the County. And no, Wal-Mart isn't the company it was when Sam was still alive. However the vast majority of "things ain't as good as they used to be" can be traced directly to actions forced upon ALL businesses by Goobermint regs, and not the companies themselves. EVERYONE who owns a company, owns it for one reason and one reason only, TO MAKE MONEY. Companies hire workers because they MAKE MONEY for the company. If they didn't make money for the company, there would be no earthly reason to hire them. When the goobermint comes in and burdens the company with a whole bunch of regs that are going to cost them money, adjustments have to be made. And since we have already acknowledged that the only reason for any company to exist is to make money for it's owner, it doesn't make much sense that the adjustments are going to reduce the owners take in most cases now, does it? And if you don't like working for someone else, then you do just what Sam Walton did. You go out and start your own company.
 
I was looking at the closing list in my area.

Seems almost all the stores that are closing are in small towns with limited retail shopping. Last night the news was interviewing some shoppers at the closing stores, all said they will be greatly inconvenienced by the closings, going to be driving 20+ miles to the nearest store.

But... Something will go in the building. May not have Walmart's pricing, but it will provide for the community needs.

I still don't see the mentality of their decisions. I live on the south edge of DFW metromess. The area is saturated with Walmarts and Sams, occupying prime real estate with high taxes. Some are literally within walking distance of each other! Yet none are on the closing list. Go figure...
 
I think ALL of the Express stores are closing. This is part of the natural business cycle - you try something and if it doesn't work you write down the cost and close them up. No harm done.

They will also open a couple of hundred new stores this year. Out with the old, in with the new is a GOOD thing.

I am sick to death of the mom and pop small overpriced operations that have only narrow inventory. I will no longer go to a pharmacy for one thing, a grocery for another, and a hardware store for yet another - I want it all, as much as possible, in one place.

Walmart employs the same local people the mom and pops used to, but they have better benefits.
 
(quoted from post at 09:38:18 01/16/16)

What amazes me is that pretty much everyone hates Walmart, Lowes, Dollar General, TSC and most every other chain store. They complain mightily about the poor Mom and Pops having to close up. Then, from what I've seen around the web, when one of these stores closes they complain mightily about the lost jobs, the hit to the local economy and that they'll have to go to a Mom and Pop 2 towns over and pay outrageous prices for the same Chinese junk Walmart sells.

I swear, some people simply live to complain.
Click to expand...
es! and reminds me of an all too true 'toon. "We will go around this Thanksgiving table & have everyone say what they are thankful for.....except for grandpa & he will tell us what whizzes him off".
 
I avoid shopping at the Great Wall of China Mart , any money spent there
just makes a communist rich, I can't remember that last time I went to
Any store asking for Chinese made prouducts because they so well made
And high quality. The thing is that these products are produced by the
Chinese to manufactures specs. So you really can'tblame the Chinese
For quality .
 
(quoted from post at 07:40:47 01/16/16) I never thought I would live to see the day when a bunch of old farmers would be supporting Wal Mart!
They are emblematic of everything that is wrong with our economy ie. cheap imported goods shipped in from despotically ruled countries (China), bad treatment of employees (low wages, limited weekly hours and thus no benefits) and bullying tactics to force local competition out of business. Are we so addicted to their "low" prices (which price comparisons sometimes prove false), that we willing to forgive all of these failings?
Click to expand...

The only items with lower prices at WalMart are not worth bringing home. Quality items are the same price as anywhere else. The sporting goods department is a joke.
 
Would you purchase similar products from a company who's factory and head quarters was located on a star in the big dipper? Who collected all the profit and never purchased a thing from you. Though the wages are paid locally for a big box brick and mortar store, there are primary local benefits to local ownership. Service, Friendship, Financial plowback, and Community. Both of these types of real stores are pinched by on-line sales. I try to make choices that limit local erosion. Jim
 
Just responding to some of the replies,not so much jm's post. The big implement dealer chains are following the WalMart model,so don't complain about one and defend the other.
 
You are right they were in town where most were needed. From what I am told they found it was too hard to find and keep managers for these small locations vrs. the return on the effort. When they announced the start of the express stores they did say right up front it was an experiment. Thing is it was a pretty costly experiment but guess things will work out. I am wondering how they will liquidate the buildings. Probably with some stipulation that you can,t putt something in there that would compete with Wal-Mart but who knows.
 
The store they are closing that is closest to us has been opened 1 year and 2 days today. Nice location. The mayor of that town said on TV last night that a Casey's Store is wanting to come to their town. Don't really see how the Wal Mart building would work for a Casey's, but in business anything can be made to work.

I just drove by this store about an hour ago and bet there was 30 vehicles there. Down the road less than a quarter of a mile is a chain type grocery store, there was less than 10 cars there. Go figure. It has always looked to me that the business was there, but who am I to say!
 
Sure he did, and they jacked up one of the houses, moved it across the road to one of his fields, forget which one of the family it was. The house is also behind a burger king, duncan donuts and a dentist's office.
 
They are closing the one in our little community also. Been here just over a year. Guess we got along before they came, will get along after they leave. It did make life easier though.
 
(quoted from post at 07:40:47 01/16/16) I never thought I would live to see the day when a bunch of old farmers would be supporting Wal Mart!
They are emblematic of everything that is wrong with our economy ie. cheap imported goods shipped in from despotically ruled countries (China), bad treatment of employees (low wages, limited weekly hours and thus no benefits) and bullying tactics to force local competition out of business. Are we so addicted to their "low" prices (which price comparisons sometimes prove false), that we willing to forgive all of these failings?
Click to expand...

Thing of it is they wouldn't carry the cheap garbage from China if the buying public wouldn't buy it. It the customer who demands cheap prices. Wal Mart is just catering to customer demands. As far as their wages are concerned just how many people with some type of post secondary education work at Wal Mart? If you are going job hunting with nothing more than a high school diploma I hope you can say "do you want to super size that?". Most of the mom and pop shops in the towns near me that were here before Wal Mart came to town are still here. They just dropped their prices 10-15% which means they were gouging their friends and neighbors all along. The only thing Wal Mart killed here were other box stores like K Mart.

Rick
 
(quoted from post at 02:15:11 01/17/16)
(quoted from post at 07:40:47 01/16/16) I never thought I would live to see the day when a bunch of old farmers would be supporting Wal Mart!
They are emblematic of everything that is wrong with our economy ie. cheap imported goods shipped in from despotically ruled countries (China), bad treatment of employees (low wages, limited weekly hours and thus no benefits) and bullying tactics to force local competition out of business. Are we so addicted to their "low" prices (which price comparisons sometimes prove false), that we willing to forgive all of these failings?
Click to expand...

Thing of it is they wouldn't carry the cheap garbage from China if the buying public wouldn't buy it. It the customer who demands cheap prices. Wal Mart is just catering to customer demands. As far as their wages are concerned just how many people with some type of post secondary education work at Wal Mart? If you are going job hunting with nothing more than a high school diploma I hope you can say "do you want to super size that?". Most of the mom and pop shops in the towns near me that were here before Wal Mart came to town are still here. They just dropped their prices 10-15% which means they were gouging their friends and neighbors all along. The only thing Wal Mart killed here were other box stores like K Mart.

Rick
Click to expand...


More to the point, the Mom and Pops never treated their employees any better than Walmart or TSC, they never had prices that were nearly as good and it was for the same or worse junk. When 2 M+Ps competed it was go for the throat and no holds barred until 1 remained and then prices went up.

Today is not 1965 or 1955. No one sells American made anything because we don't make anything anymore. No one gets a job at Sears or Monkey Wards out of high school and sends the next 40 years selling tools or appliances or shoes. The repair man, the doctor and milkman don't make house calls anymore. Price, service and ease of use sells today. The stuff we buy today is made in some 3rd world country because we priced our labor out of that market. Even if companies would relocate here, our population can't afford to buy American made goods at the Dollar Store. They'd cost $10 or 15.00. It's a different paradigm and until we decide to change it this is the direction we're headed. Walmart will eventually die off. Before Walmart was Kmart, Zayres, Ames, Jamesway, etc. and before that was Sears, MW, Pennys, Western Auto and Grants, Before that was Woolworths and the Mom and Pops and before that you made it yourself or did without. Times change.
 
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