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So, since Donald Trump called for a boycott of Macy's

Posted: Jan 6, 2017

is he responsible for the loss of 10,000 jobs?

;

Macy's plan to close unproductive stores - sm

[ In Reply To ..]
has been in the works now for many, many months due to poor earnings - long before Trump's boycott tweet, which by the way was in November, not recent news.

Several Macy's in Southern California - have been ghostly

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for years. I've been wondering for a loooong time how they stay afloat. I think the main reason for closures is due to online shopping.

LOL - You're giving DT a lot of sway.

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LOL

Well if he's going to take credit - old and burned out

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for jobs that were already in the works then he should also take credit for jobs that are lost. Watch him keep doing this - taking credit for all the good things and blaming the bad on someone else.

Do you have a link re this? - NM

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X

There were several articles - OABO

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about jobs that were returning that he took credit for. I don't have a link right now but I promise the next time it occurs, and it will, I will post the link. Although on this board if the readers don't like the source they will disparage it so posting a link is frequently pointless.

I wonder if minimum wage increases play a part? - NM

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X

Our local Macy's has been on the chopping block - WA resident

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Our Macy's is on life support and has been for quite a while. It survived this round of closures but I think it's probably a matter of time. I loved Macy's when they were the Bon Marche but since Macy's took over the quality has gone downhill, I think they're the clearing house for the junk that doesn't sell at the other stores, they are expensive too.

To address the minimum wage issue, I can only say that since January 1, two of our local retail stores (both chains) have announced that they are closing their doors. I've been to one fast food place (also a chain) that has a sign posted that they have increased their prices due to minimum wage and all of the local coffee stands have jacked up their prices by at least 25 cents across the board. This does not bode well for job seekers or people wanting 40 hours a week with benefits, this is in Washington State where the minimum went from $9.40 to $11.00 and is scheduled to increase to $13.50 by 2020. Our local economy was already on shaky ground and this increase could be the nail in the coffin. Urban areas like Seattle may not notice it, but it is going to hurt small cities and towns. It's a snowball effect.

Nice try, however, the closing of Macy's (and Sears) stores has bee in the works for a while. - YoudranktheKoolaid

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This is in now way President Trump's doing. You're really reaching aren't you? LOL

It is not 10,000 jobs - WA resident

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Perhaps 15-20 underproducing stores closed, they employed between 50 to 150 associates each at the most. It's bad but it is not 10,000 jobs. When Trump made the comment to boycott Macy's I don't think he was running for president yet and most people who heard it probably just thought it was a lot of hot air. I think he spouted off about Apple as well but it doesn't seem to have hurt them. I haven't set foot in Macy's in several years but it was because of bad customer service and because they started charging people for carrying zero balance on their credit cards. Macy's publcly announced a couple of years ago that they would be closing stores that weren't making money. It's been coming for a long time, but it's nothing Trump did. Stores like this get hurt by online shopping and stores like Target, TJ Maxx and Marshalls. Macy's didn't listen to their customers and continued trying to do business the same way they always have when the retail world was changing. If you want to blame anyone, blame Macy's CEO.

Correction - WA resident

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Sorry, it is 100 stores and 6200 employees, but that still is not 10,000.

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