I have just learned that Wal-mart intends to close its sewing department. April 2007 the sewing area within the Knoxville, TN Wal-marts will be closed. While the supply of fabric and notions in minimal, the thought of not being able to purchase these items is disturbing.
2007-01-26 10:39:31 · 8 answers · asked by Lori R 1 in Business & Finance ➔ Corporations
It was a business decision. If the merchandise isn't selling and the department is losing money, you don't keep it. When you have to keep marking things down to clearance and selling them below cost, it doesn't make sense to keep. It's the same reason they did away with layaway. One of the signs of a good retail store is how frequently the inventory turns over. (How quickly things sell.) Having product sit for an extended length of time is bad on the accounting side of things. If your store's budget is tied up in things that don't sell, they won't be able to buy new things that will sell. Walmart may seem like it has an endless supply of money but they do look at the tiny details like this for each store.
2007-01-26 12:15:03 · answer #1 · answered by TaxGurl 6 · 0⤊ 0⤋
I live in an area where I am centrally located between about 5 Walmart Stores. (Georgia) There 3 south of me, 2 of which still sell the fabric. The other one does not. The Walmart north of me no longer sells it either, but the one west of me still does. I am very upset to think they will all stop selling it. Its hard to beat that $1 clearance table. Hancocks is nice, but alot of their fabric is very high! It would be cheaper in some cases to buy the garment you need, rather than make it. Thats one reason I sew---to save money. And I cannnot afford shipping prices, so I wont order online too often.
2016-05-24 03:13:17 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Seeing as Walmart probably put any other sewing store out of business, that probably sucks for you. They are probably closing it because they aren't making monster profits off of the stuff, even though they are getting it for pennies via slave labor from China.
I predict that Walfarts of the future will only sell high end expensive items that no one who works there can even afford.
2007-01-26 10:47:26 · answer #3 · answered by Anonymous · 2⤊ 0⤋
Same here in Maryland/ Pocomoke. I was told lack of sales as I was buying acrylic paint supplies.
2007-01-26 10:45:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Ours isn't in Moline Illinois.
2007-01-26 10:43:54 · answer #5 · answered by Anonymous · 0⤊ 0⤋
We have become a throw-away society.
2007-01-26 10:45:37 · answer #6 · answered by Clown Knows 7 · 1⤊ 0⤋
i heard that they were not making a substantial amount of profit.
2007-01-26 11:16:33 · answer #7 · answered by REALLY 5 · 0⤊ 0⤋
did not know they were. but you can always go to hobby lobby or hankock
2007-01-26 10:45:05 · answer #8 · answered by nbatch2006 3 · 0⤊ 0⤋