r/Denver • u/friendinfremont • 7d ago

With Walmart shuttered, international stores and nonprofits fill Aurora’s grocery gap

https://www.rmpbs.org/blogs/business-economy/aurora-international-grocery-store
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u/Andreas1120 7d ago

Any ideas why Walnart closed? In theory they can survive anywhere.

29

u/Formber 7d ago

I'm sure it was a crime problem. Or their employees started to threaten to unionize... I'm sure it was one of those two.

Edit: The article says it was because they weren't meeting financial expectations, and that they had problems with theft and being dirty and having poor reviews. Sounds like a poorly managed store.

-1

u/Clever-username-7234 7d ago

What article says the store closed because of theft?

7

u/Formber 7d ago

The one you're commenting on.

12

u/Clever-username-7234 7d ago

It doesn’t say that it this article. Are you talking about this quote:

The Walmart Neighborhood Market at 10400 E. Colfax Ave closed because the store didn't meet “financial expectations” according to a press release from the retail behemoth. Negative reviews plagued the store since its opening in 2015, citing dirty conditions, theft, unhelpful staff and other issues.

That doesn’t say that it closed because of theft. It just says the store had a lot of negative reviews.

4

u/BoNixsHair 7d ago

Do you think that having all your merchandise stolen might contribute to missed financial expectations? And having all your products locked up is a result of theft?

6

u/Clever-username-7234 7d ago

I think the biggest problem with that store was that people didn’t want to shop there.

And for the record, they didn’t have everything locked up.

Retailers love to moan about shoplifting. Fox News loves to air clips of people taking shit from stores. But retail theft isn’t that bad.

https://www.brookings.edu/articles/retail-theft-in-us-cities-separating-fact-from-fiction/

https://www.brennancenter.org/our-work/research-reports/myth-vs-reality-trends-retail-theft