Independent thinking for complex markets and current events
Popular supermarket chain Asda has confirmed that nearly 100 of its kiosks will be going card-only, as consumers are moving away from cash transactions. Asda petrol stations are already getting rid of manned tills, with a spokesperson citing the reason being that 90 percent of transactions are made using credit or debit cards. An Asda …
How many people don’t have a bank account? And just how difficult has it become to live without one? These questions are becoming increasingly important as more businesses refuse to take cash in cities across the U.S. People without bank accounts are shut out from stores and restaurants that refuse to accept cash. As it …
Sep 26, 2023 Target has announced that it will close nine of its stores nationwide, including one on 117th Street in East Harlem on October 21, citing rampant shoplifting that threatens the safety of employees and customers. Jul 18, 2023 San Francisco supermarkets and retailers are implementing unprecedented security measures to thwart what has been described as …
via WSJ: Last month, Chicago, population 2.7 million, launched a study on the feasibility of opening a municipally-owned grocer to get more fresh foods and spur economic development in a number of mostly low-income neighborhoods. Chicago, which has lost six groceries on its South and West sides in the past two years alone, aims to …
Corporate bankruptcies in 2023 are now at the same levels seen during the 2020 pandemic. We are also seeing the highest number of bankruptcies since 2010. Needless to say, many companies are feeling the pain. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) October 16, 2023 via dailymail: …
Notice how little real mainstream media this getting? What will the next cry of the Equity and Liberation Crowd be? Government-created Booze Deserts in the inner-city! 🚨#BREAKING: All philly liquor stores have been closed today after at least 18 were broken after last night’s mass looting in Philadelphia pic.twitter.com/0Btz2jASv2 — R A W S A …
via MSN: CVS is set to close hundreds of stores across the country as it undergoes a complete retail overhaul – as more outlets move towards online sellers amid rampant increases in crime. The major drugstore chain is coming to the end of a policy launched in 2021 which will see 300 stores closed each …
Diversity has consequences… Even all of that BLM blackmail money can’t save them from the consequences. And Target is a BIG financial supporter of the “Defund The Police” movement “We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business …
via DCG: America is in decline, particularly in democrat-run cities. As a result, our nation is facing the folowing: Increased inflation and interest rates Increased debt (both for the nation and many individual households) Disasterous “Defund the Police” policies Increased crime with soft-on-punishment policies Open borders with thousands of illegal aliens arriving daily as well …
CVS is set to close hundreds of stores across the country as they undergo a complete retail overhaul – as more stores move towards online sellers amid rampant increases in crime. The major drugstore chain is coming to the end of a policy launched in 2021 which will see 300 stores closed each year – …
via foxbusiness: Pharmacy giant Rite Aid is negotiating terms of a bankruptcy plan that could see a significant number of its more than 2,100 drugstores permanently close, according to a report. People familiar with the company’s talks with creditors told the Wall Street Journal that Rite Aid has proposed to close as many as 500 …
by Chris Black We will use the money of white tax payers to run a store where whites are forced to foot the bill for all of the things blacks steal. Washington Times: Chicago Mayor Brandon Johnson is considering city-run grocery stores after several popular chains have shuttered outlets. Mr. Johnson, a Democrat, said last …
by Ed Driscoll Just What Chicago Needs, Government-Owned Grocery Stores. Now, no doubt Chicago’s city-run grocery stores would have the same service, efficiency, and quality that Chicago residents have come to expect from the local government of a city ranked 149th in its financial stability, 67th in its education system, 71st in its health-care system, 80th in its …
by Chris Black It’s somewhat comforting that the rich can’t even have nice things anymore. They made these decisions for all of us, and it’s good they have to deal with at least some of the consequences. Of course, they don’t have to deal with the main consequences, as their homes are still safe, which …
by confoundedinterest17 Bidenomics is forcing Americans to live hand to mouth. Or as Lou Chrisite sang, “Lightning Strikes …. Americans” leaving them worse off under Bidenomics. The cost of living has been soaring, and our standard of living has been steadily going down. Coping with inflation is tough for American households where consumer debt is up 19.$ under …
https://www.youtube.com/watch?v=mTrpLVUGxy4 With food prices still rising in most parts of the country, it’s easy to understand the appeal of shopping at Trader Joe’s. The grocery chain is considered one of the cheapest stores in the United States, and its amazing selection of products continues to impress fans and draw more and more customers in. However, …
New reports reveal that Americans have started panic buying again. People are noticing that shortages are getting worse, and shelves are getting increasingly emptier as we approach the last quarter of 2023. Some have decided to act now before they can no longer find household supplies and their favorite items at their local stores. Many …
The retail apocalypse is in full force in 2023 — and Amazon is only making it more deadly for many retailers. In recent years, the shopping behavior of consumers has dramatically changed. Nowadays, more and more people are entirely relying on the internet for any purchasing. And brick-and-mortar stores have been closing by the thousands …
https://www.youtube.com/watch?v=faDQFhUSbDo Mcdonald’s is a fast food empire with over 40,000 restaurants across the globe and more than 13,000 locations in the United States. With an annual revenue of over $23 billion a year, the company is by far the largest burger chain in the world. Since the pandemic, it saw profits ballooning, despite citing rising …
Retail crime surges to record levels with repeat offenders and criminal gangs operating exempt from consequences, new data released by Co-op reveals today (Thursday, 27 July). Co-op has seen crime, shoplifting and anti-social behaviour jump 35% year-on-year, with more than 175,000 incidents recorded in the first six months of this year – almost 1,000 incidents …
by Chris Black This was a meme just a couple weeks ago. I reckon this is part and parcel of living in a vibrant, diverse city where White people are an absolute minority.
https://www.youtube.com/watch?v=96EADYqtBHA Domino’s store closings are soaring in 2023. The biggest pizza chain in the entire globe has admitted that it raised prices way too fast, and now it is facing the consequences of this decision as sales continue to fall in most of its locations in the U.S. and the world. The company is facing …
NEW: The Walgreens at 16th/Geary in San Francisco has chained up the freezer section ⛓️ Workers said normally shoplifters clean out all the pizza and ice cream every night. They’re usually hit 20x a day. The whole store is virtually locked up. @KPIXtv h/t @greenbergnation pic.twitter.com/lfFWmkLWdo — Betty Yu (@bett_yu) July 18, 2023 Theft has …
via naturalnews: The investment is a response to new and old issues faced by the company as well as other big box retailers, including the rise in online shopping, the recent boycott causing profits to plummet and the ongoing threat from shoplifting and other organized retail crime incidents. (Related: Target on pace to lose $1.2 billion in profits …
“The French riots are now spilling over into Switzerland, specifically in Lausanne.” The French riots are now spilling over into Switzerland, specifically in Lausanne. pic.twitter.com/6EdDP2pRFY — Russian Market (@runews) July 1, 2023 https://twitter.com/_/status/1675395669517803522 New footage of last night's riots in Lausanne, Switzerland, appeared on social networks. pic.twitter.com/dZ540GjyJK — Sprinter Press (@SprinterPress) July 2, 2023 https://twitter.com/_/status/1675295936581345280 …
“I can’t understand those debtors who gambled to not pay student loans for 2 years, then bought a $50K car, now have to pay both a $800/month car note and must resume that $700/month student loan. They just thought the student loan would magically disappear.” -@bigbanknewyork3655
https://www.youtube.com/watch?v=nwbVdlsSWaQ If you’re planning to buy some beef to throw on the grill over the next few weeks, expect to pay up to three times more than you did just a couple of years ago, when our domestic supply was plentiful due to a historic cattle selloff. Since 2021, ranchers have been coping with drought …
A California supermarket desperate to slow the constant shoplifting that has plagued parts of the state has installed giant metal barriers at exits to stop the thefts. A Safeway in Vallejo recently added metal emergency exit gates in front of one of the entrances that warn an ‘alarm will sound’ if thieves try to leave …
Starbucks Is Banning Pride Decorations, Workers Union Alleges Starbucks has banned Pride decorations in stores halfway through Pride Month, the company’s workers union claimed Tuesday. If true, it would be a stunning cave to far-right anti-LGBTQ fury—but the coffee chain denies that any such policy is in place. There has been a wave of ultra-conservative …
