Walmart closures | Here's why two San Diego County stores are closing
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- Опубликовано: 15 янв 2024
- Walmart is providing more insight behind its decision to close two San Diego County stores.
The Walmart locations at 2121 Imperial Ave. in San Diego and at 605 Fletcher Parkway in El Cajon will shut down on Feb. 9.
At the Walmart Neighborhood Market in Sherman Heights, people expressed shock over the closure saying it's always busy, so they can't understand why the stores is closing after nearly 11 years in business.
"This is like the whole neighborhood's store. I don't know what we're supposed to do," said Candace Gardiner.
MORE: www.cbs8.com/article/news/loc...
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For anyone who doesn't live in San Diego, those 2 areas are crime infested. Funny how they dont mention the rise in theft and how the "$ amount stolen" to catch a felony was increased.
I figured this was the case based on the first woman interviewed.
liberal news stations always want to be politically correct so they can't tell the whole story,
Fake news dawg. Your ass is crime infested.
@@SomeUserNameBlahBlah😆😆 FACTS
I left back in 2016. It was bad then. Sorry to hear it got worse. All the best guys.
Selling their food stamps and stealing their food is the problem
has been for awhile
in fact they go in there, use their stamps... fill up a cart... check out ... then return it for cash... the store has to throw all this food out!!!!
my mother was a manager of one in a small town in Nebraska for a few years... they would waste over $50,000 a month from this... they couldnt put the stuff back on the shelves they had to throw it out!!!
Who is getting 50,000 In food stamps?
Grab and steal gangs in these types of neighborhood stores are closing. It has become too dangerous for their employees to work there.
You fell for that corporate grift, the highest theft is actually wagetheft by employers.
@@xijinbling2373exactly. That's why all Walmarts Safeways and Trader Joe's need to close down
We need a police on duty at Aldi too.
Stores don’t don’t meet the company financial expectations = theft, increase in costs, unfavorable business environment
Bingo!
The stores are supposedly busy all the time but can't meet financial expectations. There's only one cause for that.
Plus just the high cost of doing business in the state of california to begin with is ridiculous
@@bigj5119true. Guess the -blanks- got what they wanted. ¯\_(ツ)_/¯
= Bidenomics
@@Tom-sg4iv it's California liberal-nomics. People from Biden's home state value Walmart and love to bits. 🤣
Remember the old days when many neighborhoods were fighting Walmart to prevent it from opening in their neighborhoods?
Yes and this was part of the concern. They move in, other stores can't compete on price. Those stores close down, then Walmart leaves. Leaving the community with less than it had before.
Those were the days, the dollar was strong!
Think 5 finger losers the issue
That discount
And then 13% of the people in that neighborhood realized they can just take things for free because the other 83% will just pay more. 😂
Let me guess thieves are the reason why they are closing.
Scott Adams knew this
Covid19 killed the world.
Lies again? Big Money Faster USD SGD
You know the economy is going to shit when Walmart is closing shops
It really is
It really is
Walmart's closing down happens more often then you think.
It has nothing to do with the economy. Its just bad lease agreements and high theft. Mostly bad lease agreements
Thats because their customers all have sticky fingers.
Good job by CBS 8 worked so hard to regurgitate the same line the company said. 🙄 Except we all know the real reason is shoplifting and outright robbery.
If that was the primary reason, they would have said that.
Wal-Mart closed stores in Chicago and came out and said it's because of stop-loss (aka theft).
@@SomeUserNameBlahBlah true but when that happened Walmart openly said that was the reason.
Yea those reporters work tirelessly to provide us with valuable information that otherwise we would never know.
😂
Walmart CEO warns company will close stores if theft doesn't slow down
Dec. 2022
They'll reopen as automated stores in a few years or get turned into an illegal alien processing center.
I just looked up on Google. The CEO really said this. Very sad.
tell Ceo to stop stealing money from Mom and Pop businesses
@@arfriedman4577 anyone with a brain could figure this out
@bobshagit-io8lq what were you referring as I wrote comments on various stuff to several people.
I blame shoplifting and higher labor costs
What is shoplifting??
@@El_Guero01 are you being obtuse?
@@El_Guero01it's when you lift up a whole shop above the ground
Hey bot you just keep showing up
So.... Newsom?
Just because the store is busy doesn't mean its profitable
They're closing because of theft
A busy Walmart not profitable. I can guess why that is.
@@Shadow_Banned_Conservative in this case, it’s most likely because of the cost of renewing the lease. That lowers profit margins.
I was in the one on imperial and the store was good inside. But the area was very bad. Never went back.
Walmart keeps its answers politically correct to the end.
You can't talk about the " teenager gorilla" in the room...dey bee a protected class...check wit da NBA, NFL see what dey think... This what you get when ...oh, never mind.... best, drop it here.
Twerk yo nalgas around the above😢
Wm is 40% owned by the chinese, look it up.
Hard to meet companies expectations when merchandise is walking out the front door without prosecution ! The criminals just WON. VOTE DIFFERENTLY
Vote different. That’s lame.
@@christopherpuffer6494, you shouldn't VOTE... and Christopher , The land lease contracts are written in cost vs time .. they know what it's going to cost MANY YEARS ahead of time so , PLEASE stop parroting spew .
@@christopherpuffer6494... Thank God you're not a voter.
WE TRIED!
The lease excuse is B.S. Generally, commercial leases are negotiated with 10-15 year term to start and then option to renew every 5 years for a total term of 50-90 years. Rate of increases is often negotiated as well. Walmart is no amateur when it comes to this stuff. In short, the stores weren't doing well. Since many say the stores were busy, then likely it was theft that did the locations in.
Minimum wage hikes , increasing security costs , fuel / transportation costs , utility rate hikes , sourcing greater distances.....
crime doesnt pay stealing caused this
I used to be a security guard for the store on imperial back in 2019, it was so bad, constant shoplifting.
Two large factors, store theft and Amazon. It’s not rocket science.
Not even Amazon. Literally just shoplifting.
@@TrinityDestroyer Amazon is responsible for at least 10 companies closing stores in the last year alone. They can’t compete with the prices or the selection. Walmart is among those closing locations because of this. Others are Target, Rite Aid, Party City, even Amazon Fresh stores themselves are competing directly with the website and losing. Forcing them to shut stores down. It’s a larger problem than people realize.
I used to work at the neighborhood Walmart on Imperial (August 2021-August 2022). We ALWAYS had theft, homeless fights, and other crazy things. In addition, upper management was HORRIBLE. So, I'm NOT THAT SURPRISED.
Shoplifting closes stores
Cali has legislated cost increases everywhere they can driving up leases, payroll, transport and pretty much everything else. It is no wonder that so many retailers cannot afford to remain open in California. And that does not even bring up legalized shoplifting.
Anybody who could wonder why stores would close in that area live under a rock.
Let's tackle the Elephant in the room will we ... Theft, Stealing, Taking items without paying ...
So how many shoplifters were in them lines that were wrapped around the store🙄. We know its shop lifters that made the closing of these stores. Walmart doesn't need to take anymore abuse. So out they go. And don't forget the people that are cashiers that are helping themselves.
The walmart in san marcos off sycamore should close...
Tons of people stealing...every time i go i see a ton of people in sweat pants items bulging out of their clothes walk out with no bags..no cart...speed walking out the door ...
San Marcos turned Uber ghetto, eh?
Most likely very busy with theft
No one can keep a store open indefinitely if the cash flow is always negative.
One of the reasons Wal-Mart listed was being unable to negotiate the lease. Sounds like whoever owned the land or building wanted more money.
@@SomeUserNameBlahBlah More like Wal-mart wanted a discount so they could meet whatever threshold they chose.
Liberals will never grasp that concept, which is proven by their reaction every time a business closes.
More like these crime infested areas are out of control.
the state's min wage is too high for companies like Walmart to keep their stores open. Expect lots more CA stores to close down in the coming years. Plus shoplifting is out of control all around the state
😆you seriously think walmart cant afford to stay open?
@@thuzezaIf you have a business plan, with a set profit rate, and you are forced to overpay your workers- that is “can’t afford to stay open.”
The first thing the working poor will do is go get food stamps. That means you, not the corporations, are the ones flipping the bill. Can you afford it? Is it fair?
All you want is what looks like a bargain. Even if it's not. If a worker has to apply for stamps to eat, it's no longer a hand out. It's government back script! Is that what you want in America, a string of company towns paid for by taxpayers?
@@garypiatt4666 Overpaying a Walmart employee is like giving the 100k a year. They already make little. Many can't afford housing. The idiot making profits is the problem.
@@enchantedadventuresthrough3065 then stop being the employee and become an idiot that makes profits.
It's California, no punishment for shoplifting.... What do you think would happen?
Maybe if security guards were allowed to do their jobs, there would not be so many stores leaving The People's Republic of California.
Cry harder fascist
"commiefornia"
So you're aware of ADAM SCHIFF of Russia Russia Russia , is arriving at our shores at the behest of Nancy Pelosi and Newsom?
CALIFORNIANS are Addicted to the MSM TEAT !
Folks we all know the real reason Tyrone Ladarius Shaqeeeeeqa and Pedro taking to many five finger discounts.
They especially appreciate the few customers who paid for their items
Walmart operates on very slim margin (3%), so they are susceptible to theft losses. Crime does not pay. Good people suffer when they set bad people free.
BS theyre insured, but their premiums go up..
Have u seen how much the Walton's are worth ? Isnt no slim margin
@@user-iy1vo2jf2q insured but Ins co's wont give you 100%.
Last time I was in this Walmart store , items were locked behind glass. So there is a lot of theft.
Too much shoplifting that’s why the closing
Nah it’s all the settle money taken from profits for stolen wages
more like they said...they lease the building and the landlords wont negotiate a fair price ..when a significant amount of the revenue goes toward the rent ..it is time to cut losses
What is shoplifting??
@@davediamond9436Funny how not just people, but corporations can't even afford rent now.
Walmart made 12 billion last year
Shoplifting is the main reason 😮
What is shoplifting??
@@El_Guero01what your mom is in prison for!
Obviously the theft costs have exceeded the cost of paying rent on an empty building.
Thay Wate till the lies is up!
It's because of theft, this location gets TONS of riff raff
I feel for those who did NOT vote democrat or for Newsom. They have to deal with others poor decisions.
yeah, I have been saying that whenever someone says "you get what you vote for" Not realizing that those who didn't vote for that politicans or law still gets screwed.
I have to let you know that if you were following apparitions of the Virgin Mary, of Jesus, or of God, you would know by now that Biden stole the election from TRUMP. Biden was the real loser. Trump won that election, but unfortunately, even ppl from his own party were helping Biden get away with this.
This comment is too smart for the average Democrat
i think the democrats are part of the problem joe biden is to blame for our inflation if you disagree you don't know anything about the economy
@@ladyrose3285 , HOLD THE PHONE ! We have ADAM SCHIFF (of Russia Russia RUSSIA) running for Hight state office now . CALIFORNIANS ARE SIMPLY ADDICTED TO THE MSM TEAT !
thank a democrat politician where protecting the criminal comes first
Grocery stores actually have a very thin profit margin. I remember the bad old days of the 80s in NE DC, no grocery stores anywhere, just corner stores with a clerk behind the plexiglass.
Those days will return soon.
I live in Fresno now, but my son and I used to shop there all the time. El Cajon is a dump now. Used to be a real nice city. Not anymore. Crime has taken over. For this Walmart, too many people wanted the 100% discount. Now the Parkway Plaza Mall will close in a few years. All the anchor stores are gone.
A getto area in San Diego
Sad you have to drive farther to shoplift now.
Tweeker city
Not anymore. and El Cajon is much safer than many parts of San Diego.
@@patr70that’s right, I heard people in Carlsbad complaining about the crime.. they said El Cajon was safer 😂
@@dollings4205 I doubt that.
In 2023, Walmart closed nearly two dozen stores across 12 states, blaming poor performance and record-breaking retail theft for the cutbacks.
Walmart closed a couple of their stores on the Southside of Chicago. Shoplifting was part of the problem of why they closed.
The cost of doing business in California is out of the roof causing profit to plumet and not meet required expectations
theif, looting, ransacking, stealing. why are they so afraid of using the words that fit the crime.
“The store is not performing as well as they hoped”. Hmmmm
Goodbye Parkway Plaza, it was nice knowing you. Without Walmart as an anchor store, you will fail.
I don’t know how to take care of myself! Next story will be how big box stores are forcing out mom and pop stores. Which way do you want it?
First they hate Walmart. Then they complain when they leave.
Crime? I hear some stores are locking up steaks!
THANK GAVIN MONEY LEAVING CALIFORNIA AND PEOPLE GO PLUG IN YOUR ELECTRIC CAR
So Walmart rather it's customers order online
I remember the first time the walmart opened on imperial it had a side door exit and entrance but they closed it as soon as people started stealing and exiting tru there they also had pokemon cards but not no more
Walmart: We’re closing stores.
Also Walmart: We’re planning on opening 150 more stores.
But not in the "BLM" neighborhoods
That’s what happens when the Community doesn’t keep its members in check.
Note to San Diego residents - be sure to vote for the same District Atty in November...
I went to the one on imperial. Rolled through, never got out, locked my doors and left instead.
I hate it when I can't get the arm of my glasses to slip under my collar of my sweatshirt
😂😂😂😂😂😂
He means the ‘temple’
I don't live in the area or even in the state of California but from my research, I found those stores have a VERY HIGH CRIME RATE (shoplifting, credit fraud, illegal food stamp transaction, etc.) and I personally believe that is the main reason why those stores are closing. Wal-Mart doesn't want to tell the truth in fear it will encourage people in other areas to go after their other Wal Mart stores being an easy target for criminals. Just my opinion.
Those "five finger discounts" are killer to the bottom line. 😂
More propaganda from C B S ! SHOPLIFTING IS THE REASON AND DEMOCRATS ARE THE PROBLEM !😊
Oh sure, blame the Democrats! WTF do they have to do with these two Walmarts closing?!? Sounds like the usual right wing misinformed propaganda to me!!! 🫡
I live in Mira Mesa, the biggest community in San Diego, there are 80,000 people with 14 grocery stores plus Target also sell food,there is 50%Asian,27% white,15%hispanic,5%black,we don't have a lot of store thieves here, there is one murder every 3 years, you could access to any business in the radius of 2 miles or less.
Parkway Plaza will die . Watch the other stores fold. Not sure how Grossmont mall is still open. That Walmart is way less busy than El Cajon.
Well, when they allow certain individuals to “shop” for free.
This is the result, I don’t see how it’s a surprise to anyone. 🤷♂️
You have to ask why??!!
Democrat Utopia….
its all because of tefth we all know somembody that likes to steal and that is no business.
Need to stop stealing, ruining it for the rest of us
There's another Walmart 10mins down the street maybe just go there?
Its shoplifting for sure....
I shop the store in El Cajon at least 2 times a week and its always full. Why don't they just tell the truth that its because of the out of control shoplifting and the lack of prevention by law enforcement due to government policies
I don't live in this area but if my local walmart shut down I'd be sad to. We don't realize how much these stores do for us.
So protect them!
Meaning, theft. That's why closing is necessary 😢
Does not meet our financial expectations.............is another way saying we are being robbed blind.
I always see people stealing at both of these stores. I have seen lots of women changing the price tags on items. So no suprise here. The thieves ruined it for everyone.
"Doesn't meet financial expectations" is a euphemism for rampant shoplifting. If a store is operating at a 1% margin and 5% of their merchandise is being stolen, it is operating at a loss.
*Too much retail theft has cut down on the profit margin.*
*This is a common problem in California because the laws do not punish shoplifters*
The alternative to having them close would be for the store to revamp it for a new style of shopping. That is have the customer
wait in some sort of lobby while an employee filled a cart and checked out the merchandise. The customer would receive the cart
after the merchandise was paid for. There would probably also be a no-returns policy. Wal-Mart doesn't want to bother with this
type of shopping model.
Not personal enough .. who want to have someone else to pick out your Mellon etc....
@@marksommers6764
Agree. Those who are house-bound and
subscribe to those shoppers/delivery service complain all the time about the
produce and the substitutions.
I wonder why? Big mystery lol
Can you guys turn up your volume/mic or increase the gain when you make these videos? I've noticed CBS 8 news is consistently lower than other videos on RUclips.
The usual suspects fault.....
All that for nothing? I remember the Sherman location(on imperial ave) had the community against Walmart moving in & now Walmart is leaving? I hope that spot turns back into what it was. With all the small Mexican mom & pop shops in there like it was before.
That’s been the WalMart M.O. in the Midwest. They build a huge store in a small town, forcing all the local Mon& Pop businesses to close, the buildings and town run down, then the WalMart closes and moves out leaving the local community with nothing.
Yes!
How are the mom & pops going to tolerate the shoplifting?
@@suziecreamcheese211 Mom& POS won’t be able to repopulate the area. Especially with KommieFornia’s stifling regulations and laws to prevent small businesses.
They closed their Juneau Alaska store years ago partly because of employee shoplifting and transient labor force.
I live close to the sherman heights , way too many thief's and California laws let thief's walk out with $995 dollars worth of goods and face no penalties across the state of California
I know the one on Imperial is locked down like nothing I have ever seen in SD County before. The one in El Cajon must be a leasing problem.
even Walmart is listening to Scott Adams
Wal marts close after 10 years because they get a 10 year property tax waivers, and if they stay open past the property tax waiver, Walmart would have to pay property taxes.
Wow I remember the day it opened
Walmart in Las Vegas at Nellis and Craig shut down about 3 years ago. They plowed over the whole lot.
If they're not repurposing the land for the one in Sherman another grocery store should move in, maybe an Aldi.
They are leaving because of looting…..why would Aldi’s locate there just to be looted?
Yeah. That's the idea of you want to lose money from looting and theft
Not too likely......once bitten, twice shy........would not be a good business decision.
Maybe the people stealing merchandise can bring it back for another 25% off???😂
Besides the theft, I’ll bet minimum wage increase will now result in those employees being offered part-time status (no benefits), and the current full time employees at other stores will drop to part time as well. Just a theory…
Sad news for people from El Cajon and San Diego areas ,a little to the west at Grossmont center maybe a good choice for Walmart shoppers !
The Democrat Voters Are Too Blame !!!
One of the most criminal locations in San Diego. I wonder why Walmart closing lol
Hi folks starting a garden is the anwer, pickling, dry goods
Food is cheaper here than .99 cents only if you sort the cart or look right. And the Levi’s are the same price. They could put a few more of these in even keeping .99 only open.
Five finger discounts can go so far and for so long until you got to close shop
keep voting democrat California
3rd world countries looking better than you thesedays