% | $
Quotes you view appear here for quick access.

Wal-Mart Stores Inc. Message Board

  • proamerica_1776 proamerica_1776 Mar 11, 2013 9:03 AM Flag

    Wal-Mart Scales Back Plans For New York City Store

    Wal-Mart has decided to scale back plans to open its first New York City amidst staunch opposition, according to published report.

    The retail giant had been pushing to open a store in the East New York section of Brooklyn as part of the Gateway II development, but the plans fell through in September after Wal-Mart was unable to come to financial terms with the developer in charge of the project, according to the New York Times.

    Wal-Mart also told the newspaper it has canceled its contracts with lobbyists and consultants that had been advocating for a New York City store.

    While some sources told the newspaper the retailer has all but abandoned its efforts in the city, spokesman Steve Restivo said the retailer has not given up its plans.

    Labor unions have been fighting the entry of Wal-Mart into the city, with the backing of several politicians – including many Democratic mayoral candidates, the newspaper pointed out.

    City Council Speaker Christine Quinn -– who officially announced her candidacy for mayor Sunday — has previously declared her strong opposition to having the store open in the city.

    “Walmart doesn’t bring jobs; it takes away jobs. They kill jobs,” Quinn said in February 2011.

    Public Advocate Bill de Blasio, also a mayoral candidate, has also come out in opposition to Wal-Mart. He has issued several reports against the retailer, including one that said it would result in a net loss of jobs in New York City, the newspaper reported.

    The prospect of a Wal-Mart has also sparked fears among small business owners. When Wal-Mart firs announced hopes to open a store in Brooklyn two years ago, many local retailers expressed concern that the retailer would leave them unable to compete.

    “They are a monster that is going to eat us up,” Mark Tanis, owner of Shoppers’ World in East New York, told CBS 2 in January 2011. He said bringing a Wal-Mart to Brooklyn would put his store out of business.

    “A jacket I’m selling for $24.99, they could easily come and sel

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • It is too bad that you think ripping people off is the thing to do. I personally think people need affordable prices and I want to help all people to live better. Plus, WMT offers the kind of jobs that mothers with school age children like. They can work the hours their children are in school. The unions just want to keep out any company that isn't union. The union's motto should be "Screw the public".

      Sentiment: Strong Buy

      • 2 Replies to shep21998
      • Shep New is trying to stop corporations from ripping off people. Why else did they stand up to stop welfaremart from ruining their economy. New York doesn't need low paying jobs that require welfare and Medicaid, that's why they choose to put in retailers that offer low prices and don't cost the taxpayers.

      • ["The union's motto should be "Screw the public"."]

        Ain't that the one for the 5 and Dime from the Ozarks....

        They have their Global Procurement Office in China....that says....Screw America

        They put less than 5% foreign in their stores in China.....that says....Screw the American workers non-union and union.

        The told the vendor for Buddy's Jeans in Mississippi to get them cheaper....that says...Screw American Manufacturing.


        Sounds more like Wal*Mart to this O'fart.

        oh! morning Shep..!!

        I heard it's gonna be a prudy day today.

68.91-0.51(-0.73%)Apr 28 4:02 PMEDT