Friday, June 5, 2020

What will retailers do?

CHICAGO (WBBM NEWSRADIO) -- Mayor Lightfoot said she’s hopeful major retailers will reopen the Chicago stores that were looted or otherwise damaged during protests surrounding George Floyd’s killing by police in Minnesota. But, she’s unsure of one of the biggest.
Mayor Lightfoot said she was on a conference call with Walmart and other major retailers that had stores looted or heavily damaged during the unrest in Chicago. She said she pleaded with them to not abandon Chicago.
"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."
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.
"My hope is that they will come back," Lightfoot said. "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."

9 comments:

  1. Lightfoot = total loser. Those stores are absolutely stupid if they re-build.Unless they are prepared to fund their own armed security force

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    1. Anonymous6/06/2020

      They wouldn't have stores if they're stupid. They're gonna move on out and not look back.

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  2. Anonymous6/05/2020

    Take the insurance money and run!

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    1. Most of the big stores are self-insured

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  3. Anonymous6/05/2020

    To keep doing the same thing and expect a different result is the definition of insanity. These corporations and mom as nd pop stores are run by intelligent people who are very sane. I wouldn't get my Hope's up as far as rebuilding or reopening.

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  4. By Craig Dellimore
    June 4, 2020
    😑

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  5. A few to some might return, but not all stores will return. 😑

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  6. Anonymous6/05/2020

    You will be seeing the Thugs coming into the neighborhood to shop now, next they move in, then the neighborhood is filled with drugs, guns, and your daughter is knocked up by a thug. I saw it happen to Marquette Park and will be their agenda now. Be on guard

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  7. Anonymous6/07/2020

    Any of these major retailers have marginal financials at best from city stores. I wouldn't hold my breath on them reopening. The same holds true for the mom and pop stores. Many extended credit to neighborhood residents and provided jobs. Welcome to Detroit.

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