Sam's Club closing dozens of stores

hedrick

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There are very long delays in economic policy. We might start to see effects of current policies near the end of Trump's presidency. However a lot of economists will tell you that as long as you avoid serious mistakes, presidents don't have a lot of effect. I think the 2008 problem went beyond the normal economic cycle, and that policy errors on both sides (liberal and conservative) contributed. I am a bit concerned about removing regulations intended to avoid a repeat of 2008.
 
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Yekcidmij

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Sam's Club closing dozens of stores

Oh look! Here's some more of that "winning" President Trump/Republicans are bringing to America! :sigh:
tulc(MAGA by closing businesses and putting people out of work?) :scratch:

But you know what the response will be: if business activity is good, it's because of Trump. If business activity is bad, it's because of something else.
 
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tulc

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Oh noes Wal-Mart is loosing real estate in monopoly, welcome to capitalism, where competition is welcome and encouraged.
...how do you "loose" real estate? :scratch:
tulc(asking for a friend with tight real estate) "wave:
 
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...how do you "loose" real estate? :scratch:
tulc(asking for a friend with tight real estate) "wave:

By closing 50 stores...not that Wal-Mart is going broke mind you. Mostly likely has more to do with profitability, whichever stores were closed, my guess is they were the least profiting stores, and Wal-Mart will come up with alternative logistics plans. Another guess is online retail giants like Amazon may effect some locations more than others. Theories and speculation, no facts or sources, take em or leave em.
 
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Walmart just announced it's raising its minimum wage to $11.00 and giving bonuses to hourly employees of up to $1,000, due to the tax cut.

Walmart CEO says Trump's tax plan allows the company to better compete

Due to this recent news, my wife is considering working there again, would be a pay increase versus the shop she is running especially while the owners go away on vacations. Neither of us are fans of Wal-Mart though, we've both worked for the company in the past, and have family working for the company, so we're familiar with how employees are treated, but that's just life I guess for some.
 
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