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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: hclasvegas   😊 😞
Number: of 21944 
Subject: o/t, retail in America, WMT,
Date: 01/27/26 7:37 AM
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No. of Recommendations: 2
" Walmart is pulling out of California — and it’s not a rumor.

More than 250 stores are being prepared for shutdown across the state, not because customers stopped shopping, but because the math no longer works. What follows isn’t just lost jobs — it’s grocery deserts, longer drives, higher prices, collapsing local tax bases, and communities hollowed out in real time.

In this investigation, Megan Wright exposes how California’s wage mandates, labor enforcement regime, and regulatory pressure pushed the nation’s largest retailer to retreat — and why the people who suffer most are the very workers these policies claimed to protect.

This video breaks down:

Why Walmart’s cost structure collapsed under California law

How wage mandates and compliance penalties changed store viability overnight

Why closures hit low-income and rural communities first

How retail deserts accelerate food insecurity and small-business failure

The hidden tax revenue losses hurting schools and public services

Why other retailers are quietly following Walmart out the door

This is not a story about greed.
It’s a story about incentives, margins, and economic gravity."

YouTube: Video

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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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