P@triot
Diamond Member
- Jul 5, 2011
- 61,489
- 11,691
- Thread starter
- #261
And yet again you prove me right and the premise of this thread. "financial performance as well as strategic alignment with long-term plans".Click on his link. Breitbart updated their story...You've shown nothing that proves that was their reason.Well you can't run your business on yesterday. There is a reason that business includes concepts like "strategic planning" and "financial projections". Walmart looked at the unsustainability of the absurd policy and closed their doors.Walmart didn't close their doors because of the increase to minimum wage. That increase didn't even go into effect but they closed.Exactly. The actual result will be considerably worse than the predictions. Just ask the people of L.A. who are all losing their jobs after the idiotic $15 per hour minimum wage hike."to lose" is a prediction, not a past result.
Walmart Closes LA Store Over $15 Minimum Wage - Breitbart
(Quick - deny reality again and come up with some absurd reason why Republican's and/or the "evil" free market is to blame for everyone going from a low wage job to a no wage job after liberal policy was implemented)
The increase doesn't begin until 2017 and even then it's only a .50¢ increase until 2018.
And it's absurd to say that they need to shut a store down a year in advance of a law taking effect.
You're grasping and failing spectacularly dude.
(Update: The closure was described by the company as one of 154 closures “that took into account a number of factors, including financial performance as well as strategic alignment with long-term plans.”)
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Walmart looked at the insane minimum wage in their long term plans and realized that the costs were unsustainable.
It's strange - the more you post the more you support exactly what I was saying.