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| Economy |
| Chicago Mayor Begs Walmart, Other Looted Retailers Not To Abandon City |
| 2020-06-06 |
| [Zero Hedge with WBBM link inbedded] While Chicago officials give slaps on the wrist to arrested protesters, Mayor Lori Lightfoot is begging Walmart and other major retailers who were hit by looting and vandalism to reopen their doors despite riots over the killing of George Floyd by a Minnesota police officer who now faces charges for second-degree murder. Lightfoot held a conference call with Walmart and the other retailers when she pleaded with them not to abandon Chicago, according to WBBM. "I think in the case of Walmart, what they were focused on was assessing the damage. They are doing an effort to donate fresh produce, to the extent of what's left so it doesn't perish, and other perishables, and they are talking their time, as I would expect," she said. There were earlier reports that Walmart expected to rebuild all stores trashed by looters and vandals, but company officials later said they would open some stores and would not say which ones. The Mayor said most of the others said they are committed to Chicago. She said she hopes Walmart follows suit. -WBBM "My hope is that they will come back," said Lightfoot. "But I got a resounding, 'Mayor, this is our city, this is our home,' from a lot of other retailers and I would hope that Walmart would follow suit." |
| Posted by:Clem |
| #22 The CEOs will bend the knee, because that's what they do. What will be interesting to see is if they can get a sufficient number of competent people to man these outposts. I suspect that the next form of racism to be condemned by Minitru will be the disinclination of white staff to make themselves available for future looting, beatings and killings. After all, Tim Wise already wants your kids to suffer, so why would they cavil at demanding adults submit to the same? And here's Karen from HR to explain how your career path will be determined by your willingness to put your head in a noose. Don't worry though -- Karen and the CEO will be behind you all the way. Way waaayyy behind you. |
| Posted by: charger 2020-06-06 18:14 |
| #21 The retailers response should be that ‘you abandoned us when you told the police to stand down’ |
| Posted by: Airandee 2020-06-06 17:12 |
| #20 Chicago Riots Wipe Out Most Grocery Sources For Minority Residents |
| Posted by: g(r)omgoru 2020-06-06 15:20 |
| #19 Detroitification starts with riots. Of course, Democrat mayors don't help. |
| Posted by: Abu Uluque 2020-06-06 12:45 |
| #18 |
| Posted by: Clem 2020-06-06 12:40 |
| #17 Running out of places to boycott. |
| Posted by: Clem 2020-06-06 12:34 |
| #16 Walmart CEO pledges $100 million to address systemic racism Just think how much of a raise the company could give its underpaid employees with that kind of money. |
| Posted by: Abu Uluque 2020-06-06 12:33 |
| #15 I heard the Minneapolis riot area now described as a “food desert “. New term that is a perfect description of what follows. |
| Posted by: NoMoreBS 2020-06-06 12:05 |
| #14 Racist!!!!!! |
| Posted by: CrazyFool 2020-06-06 09:58 |
| #13 And let's not forget "price gouging". |
| Posted by: Clem 2020-06-06 09:33 |
| #12 How are insurance rates doing in these areas/ZIP codes? I'm sure that the Illinois and Minnesota insurance commissioners will declare any realistic risk assessment of urban areas in their states amounts to illegal "red-lining." |
| Posted by: M. Murcek 2020-06-06 09:29 |
| #11 Barring some tax relief, the company's bottom line will dictate whether they will move or not. How are insurance rates doing in these areas/ZIP codes? |
| Posted by: Clem 2020-06-06 09:22 |
| #10 No more Walmart? Let them shop at Whole Foods! |
| Posted by: Raj 2020-06-06 09:09 |
| #9 If the businesses were smart they would leave. However, they will pander and prove they are not smart. |
| Posted by: DarthVader 2020-06-06 08:53 |
| #8 What the hell incentives do these blue city mayors and blue state governors provide for them to stay? Violence, burning and looting of their stores? They have created a weird dystopian society redolent of that depicted in "Escape from L.A. and Escape from NY." |
| Posted by: JohnQC 2020-06-06 08:20 |
| #7 You build them and lease them back to those who will fill them instead of sport stadiums. Along with a riot rider that kills any contract obligation on the other party. |
| Posted by: Procopius2k 2020-06-06 07:48 |
| #6 Urban retail shrinkage is one thing. Burning the store to the ground is yet another. The mayor may soon be getting a revealing education involving the road to Detroitification. Actions, they do have consequences. |
| Posted by: Besoeker 2020-06-06 04:55 |
| #5 Did the Mayor and the Governor and Michael Madigan get down on their knees to bow to the retailers like the Hollywood government made the National Guard soldiers do? No? Then it should be tough titties. |
| Posted by: 3dc 2020-06-06 03:15 |
| #4 "Baby, you know I didn't mean to give you that black eye. It's just that I get so mad because I love you so much." Unfortunately the CEOs of many of these retailers are more interested in sucking up to the poz than in doing right by their employees and shareholders. Let's not forget how some business orgs have recently renounced the whole concept of fiduciary duty to shareholders. The Huns and Mongols must be kicking themselves for not having come up with this sweet scam. |
| Posted by: charger 2020-06-06 00:55 |
| #3 Quoting Frank G - [snort] |
| Posted by: Bobby 2020-06-06 00:25 |
| #2 The nerve of that slob mayor. Surely these retailers will make sound business decisions, but here's hoping they do, indeed, abandon that particular area. |
| Posted by: Clem 2020-06-06 00:23 |
| #1 Retailers should use the same phrase she used on Trump: "It begins with F and ends with you.” |
| Posted by: Dr. Wheat Faartz007 2020-06-06 00:20 |