(05-01-2016 06:18 PM)RobertN Wrote:  

(04-30-2016 10:29 AM)UofMstateU Wrote:  

(04-30-2016 09:21 AM)HappyAppy Wrote:  

(04-30-2016 07:53 AM)Fo Shizzle Wrote:  

(04-29-2016 10:10 PM)HappyAppy Wrote:  That's all well and good. You bring up some good points, should have led with that. I I was just pointing out the original post seems to say the $15 minimum wage had something to do with Sports Authority shutting down when that couldn't be further from the truth.

SA plainly stated the wage paradigm was a factor in the decision...not the only one.

Care to point me in the direction of the part in the article where they say that? All I see is one guy saying the wage will be a factor in future decisions.

SA does not have $1 billion in debt because of a $15 minimum wage. They are shutting down because they are a poorly run company that can't compete. All that happened before a $15 minimum wage.

The crux of the problem for the future of SA is the $15 minimum wage. Companies like SA have entered bankruptcy many times in the past, pared down the under performing stores, then returned to profitability. What SA is saying is that there is no way that strategy works when they are facing a $15 minimum wage.

You can call them poorly run. However, let's see if you call all companies that have to move or shut down due to the $15 minimum wage "poorly run."

If the company can't work it into their plans for 6 years into the future(Cali is 2021 for $15), they deserve to shut down.

Why do you support the sudden unemployment in the service sector?

(05-01-2016 06:25 PM)Smaug Wrote:  

(05-01-2016 06:18 PM)RobertN Wrote:  

(04-30-2016 10:29 AM)UofMstateU Wrote:  

(04-30-2016 09:21 AM)HappyAppy Wrote:  

(04-30-2016 07:53 AM)Fo Shizzle Wrote:  SA plainly stated the wage paradigm was a factor in the decision...not the only one.

Care to point me in the direction of the part in the article where they say that? All I see is one guy saying the wage will be a factor in future decisions.

SA does not have $1 billion in debt because of a $15 minimum wage. They are shutting down because they are a poorly run company that can't compete. All that happened before a $15 minimum wage.

The crux of the problem for the future of SA is the $15 minimum wage. Companies like SA have entered bankruptcy many times in the past, pared down the under performing stores, then returned to profitability. What SA is saying is that there is no way that strategy works when they are facing a $15 minimum wage.

You can call them poorly run. However, let's see if you call all companies that have to move or shut down due to the $15 minimum wage "poorly run."

If the company can't work it into their plans for 6 years into the future(Cali is 2021 for $15), they deserve to shut down.

Why do you support the sudden unemployment in the service sector?

Are you talking about the loss of jobs at SA? I hate seeing people lose their jobs in any sector.

(05-01-2016 06:45 PM)RobertN Wrote:  

(05-01-2016 06:25 PM)Smaug Wrote:  

(05-01-2016 06:18 PM)RobertN Wrote:  

(04-30-2016 10:29 AM)UofMstateU Wrote:  

(04-30-2016 09:21 AM)HappyAppy Wrote:  Care to point me in the direction of the part in the article where they say that? All I see is one guy saying the wage will be a factor in future decisions.

SA does not have $1 billion in debt because of a $15 minimum wage. They are shutting down because they are a poorly run company that can't compete. All that happened before a $15 minimum wage.

The crux of the problem for the future of SA is the $15 minimum wage. Companies like SA have entered bankruptcy many times in the past, pared down the under performing stores, then returned to profitability. What SA is saying is that there is no way that strategy works when they are facing a $15 minimum wage.

You can call them poorly run. However, let's see if you call all companies that have to move or shut down due to the $15 minimum wage "poorly run."

If the company can't work it into their plans for 6 years into the future(Cali is 2021 for $15), they deserve to shut down.

Why do you support the sudden unemployment in the service sector?

Are you talking about the loss of jobs at SA? I hate seeing people lose their jobs in any sector.

Yeah, but tough ****, though, right?

(05-01-2016 06:18 PM)RobertN Wrote:  

(04-30-2016 10:29 AM)UofMstateU Wrote:  

(04-30-2016 09:21 AM)HappyAppy Wrote:  

(04-30-2016 07:53 AM)Fo Shizzle Wrote:  

(04-29-2016 10:10 PM)HappyAppy Wrote:  That's all well and good. You bring up some good points, should have led with that. I I was just pointing out the original post seems to say the $15 minimum wage had something to do with Sports Authority shutting down when that couldn't be further from the truth.

SA plainly stated the wage paradigm was a factor in the decision...not the only one.

Care to point me in the direction of the part in the article where they say that? All I see is one guy saying the wage will be a factor in future decisions.

SA does not have $1 billion in debt because of a $15 minimum wage. They are shutting down because they are a poorly run company that can't compete. All that happened before a $15 minimum wage.

The crux of the problem for the future of SA is the $15 minimum wage. Companies like SA have entered bankruptcy many times in the past, pared down the under performing stores, then returned to profitability. What SA is saying is that there is no way that strategy works when they are facing a $15 minimum wage.

You can call them poorly run. However, let's see if you call all companies that have to move or shut down due to the $15 minimum wage "poorly run."

If the company can't work it into their plans for 6 years into the future(Cali is 2021 for $15), they deserve to shut down.

That's an amateur response of someone who doesnt know what they are talking about.

#1 - $15 an hour isnt the magic number. Nearly every city in california is already high, and getting higher by the year.

#2 - Most large cities in cali will be at $15 an hour long before 2021. SF will be there in two years.

The problem is that people are manipulating the unskilled workforces salary to be some "magic" number. All that will do is to drive jobs away.

And jobs are being driven away. Below is another article written a few months ago about a person who analyzed the exodus from California. The three main culprits: Taxes, regulations, and a morbidly high minimum wage.


http://www.nationalreview.com/article/42...rnia-texas

(05-01-2016 06:49 PM)Smaug Wrote:  

(05-01-2016 06:45 PM)RobertN Wrote:  

(05-01-2016 06:25 PM)Smaug Wrote:  

(05-01-2016 06:18 PM)RobertN Wrote:  

(04-30-2016 10:29 AM)UofMstateU Wrote:  The crux of the problem for the future of SA is the $15 minimum wage. Companies like SA have entered bankruptcy many times in the past, pared down the under performing stores, then returned to profitability. What SA is saying is that there is no way that strategy works when they are facing a $15 minimum wage.

You can call them poorly run. However, let's see if you call all companies that have to move or shut down due to the $15 minimum wage "poorly run."

If the company can't work it into their plans for 6 years into the future(Cali is 2021 for $15), they deserve to shut down.

Why do you support the sudden unemployment in the service sector?

Are you talking about the loss of jobs at SA? I hate seeing people lose their jobs in any sector.

Yeah, but tough ****, though, right?

Robs...The compassionate little Liberal.

(04-29-2016 09:03 PM)EverRespect Wrote:  Why Sports Authority is throwing in the towel and closing all of its stores

When struggling retailer Sports Authority filed for Chapter 11 bankruptcy last month in the face of more than $1 billion in debt, the company indicated that it had two options going forward.

One of those was to shed underperforming stores and emerge from bankruptcy as an intact, but pared-down company. The other was to sell everything and cease operating.

On Tuesday, the company appeared to choose the latter.

. . .

“With the minimum wage going up to $15 an hour and more people turning to online shopping, more stores are going to close,” Lempert said. “It’s fine to say that everyone should have a living wage. But the money has to come from somewhere.”

http://www.pasadenastarnews.com/business...its-stores

Sent from my XT1254 using Tapatalk

My only experience with Sports Authority was packet pick up for a 5K. Even though I was able to get a larger shirt with my race registration, the only article of clothing I could find in the store that fit me was a pair of socks. Even for Joliet, IL, that store seemed rather large.

(04-29-2016 09:11 PM)SuperFlyBCat Wrote:  The only reason to shop for workout gear is to check your size, then I buy online. Will stop into Marshalls if there is some decent ***** walking around.

I do exactly the same thing. I only go into stores to try on the clothes and then I buy it online for much cheaper.

It's the way to shop nowadays.

(05-02-2016 12:22 PM)Fitbud Wrote:  

(04-29-2016 09:11 PM)SuperFlyBCat Wrote:  The only reason to shop for workout gear is to check your size, then I buy online. Will stop into Marshalls if there is some decent ***** walking around.

I do exactly the same thing. I only go into stores to try on the clothes and then I buy it online for much cheaper.

It's the way to shop nowadays.

Until it isn't.