The U.S. Is Poised to Hit a New Oil Gusher

[Heracles 417]

Unions everywhere have campaigned against Walmart, not just NYC. I don't know what your point is there. I'm sorry an actual quote from the CEO is inconvenient for your argument.

Are you saying the world's largest retailer cannot afford to setup in NYC? yes or no. I need to hear you say it before I roll you. A retailer that can buy and sell a million NYC's..

I'm sure they could afford to set up a store in NYC, but with the way they run thier stores, they probably could not do so profitably. Not without significantly increasing the price of goods sold in the stores. But then it wouldnt be Walmart if they did that.

Walmart requires cheap land and cheap labor to keep its costs and prices low. NYC has neither.

That is not the reason walmart is not in NYC. The officials there are putting too much pressure on them not to set up. Buying or renting land is not a problem.

[Trompe le Monde 1,107]

Unions everywhere have campaigned against Walmart, not just NYC. I don't know what your point is there. I'm sorry an actual quote from the CEO is inconvenient for your argument.

Are you saying the world's largest retailer cannot afford to setup in NYC? yes or no. I need to hear you say it before I roll you. A retailer that can buy and sell a million NYC's..

I'm sure they could afford to set up a store in NYC, but with the way they run thier stores, they probably could not do so profitably. Not without significantly increasing the price of goods sold in the stores. But then it wouldnt be Walmart if they did that.

Walmart requires cheap land and cheap labor to keep its costs and prices low. NYC has neither.

That is not the reason walmart is not in NYC. The officials there are putting too much pressure on them not to set up. Buying or renting land is not a problem.

And Walmart's CEO is quoted as saying it's not worth the effort - why? Because it wouldn't be that profitable. The same problem K-Mart had when they went to Manhattan.

Buying and renting land is not the problem - maintaining Walmart's business model in a city where land is expensive and cheap labor isn't so readily available is a problem.

Companies don't set up businesses to make a politic point - they do it to make money.

[mawilson 2,133]

And Walmart's CEO is quoted as saying it's not worth the effort - why? Because it wouldn't be that profitable. The same problem K-Mart had when they went to Manhattan.

There are still a couple of K-Marts left in Manhattan - Astor Place and Penn Station.

[Gaby&Talbert 1]

Unions everywhere have campaigned against Walmart, not just NYC. I don't know what your point is there. I'm sorry an actual quote from the CEO is inconvenient for your argument.

Are you saying the world's largest retailer cannot afford to setup in NYC? yes or no. I need to hear you say it before I roll you. A retailer that can buy and sell a million NYC's..

No Lee Scott said it doesn't make financial sense because rent cost too much and they would not be able to make a profit. Unions do play a big role also, Wal-Mart will close a store down before they will allow a union in.

[one...two...tree 2,762]

Unions do play a big role also, Wal-Mart will close a store down before they will allow a union in.

Yep. I know that happened in Quebec. I believe Walmart tried to open another store nearby after the workers organized. But BY, keep blaming the liberals. It all makes so much sense to me now.

[Heracles 417]

At the end of the day Walmart is not hurting. The poor living in NYC are being hurt the most.

The fact is that walmart could afford the rent but left because of mounting pressure from unions and co.

[Trompe le Monde 1,107]

At the end of the day Walmart is not hurting. The poor living in NYC are being hurt the most.

The fact is that walmart could afford the rent but left because of mounting pressure from unions and co.

I could afford Bear Stearns stock - it doesn't make it a good idea to log into E-trade and buy some now, does it?

[Dan J 277]

At the end of the day Walmart is not hurting. The poor living in NYC are being hurt the most.

The fact is that walmart could afford the rent but left because of mounting pressure from unions and co.

Is having a walmart store going to really make it easier to live in NYC? With high rent and cost of living in general its going to be expensive anyway with or without a walmart store.

The prices for a Walmart in NYC would be much more expensive than the prices walmart has here in the Midwest. So you may not make much impact on cost of living expenses in the end.

[Peikko 1,575]

Apparantly Walmart would like a slice of the Big Apple though - and other major US cities - because they are rapidly saturating their own niche market. To maintain their expansion they have to look somewhere.

Edited April 7, 2008 by Purple_Hibiscus

[Heracles 417]

Actually Walamrt being locked out of NYC is another great example of how liberals look out for their own buddies. How when it comes down to it this has nothing to with what is in the best interest of the people there. Being that walamrt is anti-union clearly this goes against their buddies views..

Edited April 7, 2008 by Boo-Yah!

[Trompe le Monde 1,107]

Actually Walamrt being locked out of NYC is another great example of how liberals look out for their own buddies. How when it comes down to it this has nothing to with what is in the best interest of the people there. Being that walamrt is anti-union clearly this goes against their buddies views..

Walmart: public service provider and humanitarian

Why do you care if NYC doesn't have Walmart? Thos who need a Walmart fix it can go to NJ. Clearly, the city is managing just fine without it. I know I do.

[BJZags 17]

You still haven't named something that Bush can do to help the situation.

He could set a good example for us all. He could ride his bicycle to work!

[mawilson 2,133]

At the end of the day Walmart is not hurting. The poor living in NYC are being hurt the most.

The fact is that walmart could afford the rent but left because of mounting pressure from unions and co.

I could afford Bear Stearns stock - it doesn't make it a good idea to log into E-trade and buy some now, does it?

Perhaps it does - BSC is still undervalued.

[Trompe le Monde 1,107]

At the end of the day Walmart is not hurting. The poor living in NYC are being hurt the most.

The fact is that walmart could afford the rent but left because of mounting pressure from unions and co.

I could afford Bear Stearns stock - it doesn't make it a good idea to log into E-trade and buy some now, does it?

Perhaps it does - BSC is still undervalued.

Perhaps. But then - perhaps not. The point is - just because I can afford something doesn't always make it a good idea.

[one...two...tree 2,762]

At the end of the day Walmart is not hurting. The poor living in NYC are being hurt the most.

The fact is that walmart could afford the rent but left because of mounting pressure from unions and co.

I could afford Bear Stearns stock - it doesn't make it a good idea to log into E-trade and buy some now, does it?

Perhaps it does - BSC is still undervalued.

Perhaps. But then - perhaps not. The point is - just because I can afford something doesn't always make it a good idea.

What a novel concept. They should teach that to all economic majors.