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Obama bankrupts "THE GAP"
Just a year ago, our president with Blue-lips praised THE GAP, on newscasts everywhere, for raising their minimum wage to $10/hr. A year later the gap just shut 175 stores (1/4 of its stores) and cut 250 headquarter gigs. Socialism takes another wounded veteran. The capital hill store is closing FreeThomas, where are you going to shop?
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Comments
Sorry your favorite store is going under though. Good luck finding another poor people place to buy shit made by child slave labor.
Had to do it!
Now go collect your government check, faggot.
RIP, Gap. Maybe if you hadn't jumped on the grow-grow-grow share price merry go round, you'd have built out at a sustainable pace.
Same shit happened to Best Buy.
Looks like you need to learn the difference.
What this shows, or per MY FUCKING ANALOGY you didnt follow DIPSHIT, is just 'blanket wage increases, set outside Market forces, is potentially business suicide. Case-in-point. Its happening in Seattle, its relevant... starting to see squeak?
I know FreeTom that a virginity is hard to buy back. I know it was too soon, the anus isnt quite prepared for that kind of a beatin, and it prolly still hurts to sit down. We still love ya here though ThomasAmongus with a sore bungus. We're a community here.
Really this is free market (i.e. conservative) principles at its best. Survival of the fittest.
Any fucktard could pay his employees nothing and turn a profit. I don't know why people are so supportive of these business that can only survive by screwing their employees. Run your business better.
BTW, not one person in my small business makes minimum wage after the first 3 months and the vast majority make $15 plus an hour to start. You invest in us with time and we invest in you in raises.
Or it won't fix anything because the middle management fucktards are still there sucking upper management's dicks.