Corporate Media Falsely Blames Shoplifting For Walmart Closures and Layoffs in Portland
Like all capitalist firms, Walmart Inc. exists for one reason, and one reason alone: to generate profits for its shareholders, especially the monopolist families who own the largest stakes. If one of its locations is “underperforming,” if it is failing to generate profits at an acceptably high rate, then the firm will dispassionately cut its losses and shutter its less-profitable stores
