What's interesting is not to take that claim at full value, of course not, but to examine whether it is reasonable for that claim to be made. However, we can run through the numbers to work out whether it's a reasonable decision, whether it makes sense that the minimum wage tipped the balance or not. Because the rise in that labour bill is higher than the total payout the investors can expect from that store if it is working to the average margins. But we do have someone claiming that Walmart's decision to close its Oakland store is because of the rather higher local minimum wage in that city. While most of the stores will close Jan. Assume that those people all work 30 hours to keep them part time then that's 12, hours a week orhours a year.
The Oakland Wal-mart store is shut down for good, after closing its doors workers with blow horns outside the store near Hegenberger Road. Walmart will close stores by the end of the month, with the Oakland location among those on the international list, company officials. reviews of Walmart - CLOSED "CLOSED AS OF JAN 17!
I grew up in, forever frozen in time for you to experience today: Walmart off of Hegenberger.
Looks like about half of that, near enough, is paid out in dividends and the other half retained within the company for reinvestment. Our city, our workers and our community deserve more.
The company comes into neighborhoods that are retail deserts, filling a hole with an affordable one-stop market. What about poverty wages?
Walmart's Oakland Store Closure Oakland's Minimum Wage Is Blamed
Share to facebook Share to twitter Share to linkedin That someone claims they know the reason something happened is not proof that they know the reason that thing has happened.
This is how Walmart preys upon low-income communities of color. Report an error Policies and Standards Contact Us.
Video: Hegenberger walmart closing down Why Walmart is lying about closing their stores. RFID CHIPS COMING SOON!!
See 78 photos and 38 tips from visitors to Walmart. "The garden center isn't bad and they have a great assortment of seeds (herbs, veggies and ".
It doesn't stop there either.
Oakland Walmart store among set to close SFGate
As up above, this absolutely is not a claim that Walmart closed its Oakland store because of the local minimum wage. The Oakland store closing is a shock.
Another way to put this is that from each dollar spent in a Walmart the plutocratic capitalists are getting 1. So, the company margin on that store in Oakland falls from 3.
Video: Hegenberger walmart closing down Conspiracy theorist on Winnsboro Walmart closing
The company knows it can sell poverty wage jobs to an underemployed community that is struggling. Rather, it's an examination of the numbers to see whether that would be a reasonable thing for Walmart to do.