Walgreens ISSUES STARK WARNING TO U.S ECONOMY!

Подписаться 235 тыс.

Просмотров 130 тыс.

50% 1

Walgreens is having trouble, the sales are off, the stock price is plummeting and the CEO just announced they are closing potentially 25% of their underperforming stores due to a bad economy. So many businesses are closing and going bankrupt right now but people are still saying that things are good out there.
Need a Realtor? homeandmoney.com/michael/
======
My Filming and Editing Equipment
michaelbordenaro.com/my-youtu...
======
I offer 1 on 1 calls, book one if you'd like!
michaelbordenaro.com/book-ser...
======
Sign Up for My Email list and Get Weekly Video Updates in Your Inbox!
bit.ly/MBreminders
======
Get Cash Back on ALL your Internet Purchases!
www.rakuten.com/r/NIRVPL2?eei...
======
My Microphone (Lot of People Have Asked)
amzn.to/3Mhs2oz
Articles Mentioned in the Video
apple.news/A6Yme9DjYTDGmyDXEC...
apple.news/ABis_jgh5RAWYLPRG8...
apple.news/AWFiaZkxwSqa0REoPu...
#realestate #housingmarket #homeprices #housingmarketcrash
FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :)
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s RU-vid channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, RU-vid, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.

Развлечения

Опубликовано:

27 июн 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 1,7 тыс.

@MichaelBordenaro 22 дня назад

PROOF! The Condo Market CRASH IS HAPPENING RIGHT NOW! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-AeXCH8AqOIQ.html

@dertythegrower 22 дня назад

AppleNews is your sources? this is a thing now? wow ha

@hs4265 22 дня назад

NO. You're mis representing whats occurring. Walgreens has behaved SO criminally and incompetently they are LOSING $ because patients DO NOT want to USE them. They bought out small mom & pop places , STOLE the customers and transferred their scrips without my permission! I had to forcefully remove my scrip to stay away from them. Your mom proved my point.

@virgilcain6139 22 дня назад

You are a good son, walking with your mom and dad.

@DrakeBuilders 22 дня назад

Walgreens turns Fema camp

@FreeAmericanUSA 22 дня назад

Imagine by Q2 2026.

@nicolasbenson009 21 день назад

The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

@berniceburgos- 21 день назад

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?

@tatianastarcic 21 день назад

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

@Michaelparker12 21 день назад

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@tatianastarcic 21 день назад

My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@BridgetMiller- 21 день назад

Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

@Jamie-fb9jn 22 дня назад

I work for CVS 17 years, theft getting bad.

@BrianClarkpharmd 22 дня назад

Walgreens is a bit of a special case. They have been going downhill for years. As a pharmacist, I worked for them for a few years after finishing pharmacy school. Even then in 2015 I could see the writing on the wall. Reinbursement negotiations with PBMs had been a race to the bottom, leaving razor thin margins. Due to this, they pushed for increased volume, all while cutting employee hours. I was literally checking scripts, answering the phone, working the drive thru, running front register, taking verbal prescriptions from providers etc. because had never had enough pharm techs due to cut hours. it was insane. I knew at some point they wouldn’t be able to cut any more corners. And sure enough their stock has plunged. I’m in hospital pharmacy now, and it is sooooo much better than retail

@Aright231 21 день назад

I’m a pharmacist too. Best thing Walgreens ever did for me was firing me for bringing a lasagna into the pharmacy. I was only an intern. Bunch of schmucks manage that company. The biggest schmuck was their CEO Greg Wasson, a turncoat pharmacist.

@VinceTomJones 19 дней назад

America is imploding.. . 34 Trillion dollars in debt..1.1 Trillion in Credit Card Debt….. Millions of illegal... Tens of millions living below the poverty line...Thousands upon thousands living in tents and in their cars....Infrastructure crumbling... Whole neighborhoods abandoned... Crime out of control..... and Russia/China breathing down their neck. WAKE UP.. Stop lying to yourself day in and day out... You are clearly not understanding this guys Videos.....

@tylerg6241 22 дня назад

What a good son to take your Mom on a walk and put her in the video :) - take notes kids. Cherish your mother while you have her in your life.

@gradylucas5265 21 день назад

absolutely, you only get one mom and she won't be around forever

@D.Wagner2 22 дня назад

When a company that’s been around 100 years and essentially is funded by insurance starts closing their stores, pay attention.

@Seeingisntbelieving 22 дня назад

Walgreens did not agree to the insurance terms so they aren’t covered. They chose to self destruct-taking their employees down with them. I guess they value a bigger piece of the prescription pie than they were getting.

@xzr56 22 дня назад

@@Seeingisntbelieving INSURANCE COMPNAIESA RE ALL OPWERFULL THSINCE THEY HAVE MONOPLY CONTOL OVER THEIR SUBSCRIBER BASE AND GET PAID BYT HE GOVERNEMNT TO PROVIDE INSURNACE REGARDELSS OF WHETHER THE SCUBSCRIBER CAN PAY THE PREMIUM. IF WE HAD SINGLE PAYER, PATIENTS COUDL PATRONIZE ANY PHARMACY TO USE THEIR BENEFITS, NOT BE RESTRICTED TO CVS ONLY. THE USA IS NO LONGER A COMPETITIVE MIDDLE CLASS SOCIETY.

@dmark6699 22 дня назад

The store near me has a big theft problem.

@Battleneter 22 дня назад

To be fair online shopping is continuing to have a large impact on stores, and Amazon profits are around all time highs.

@mnn1265 22 дня назад

Nonsense, it's a dinosaur that's 100 years old and basically just not a competitive business model anymore.

@juliecramer8459 22 дня назад

I found Walgreens too expensive

@blackworldtraveler3711 22 дня назад

Yup. It’s not a place to go for grocery shopping or convenience.

@freddyferrillo9704 22 дня назад

Oh really. We have CVS here too. Why ain't they closing. Their prices are the same. It's simply because Joe bye-done. He runs the Country like shite! Michael wont say it...But I will!

@fredp8388 22 дня назад

⁠⁠@@blackworldtraveler3711and drugs, I found on numerous occasions that my prescriptions medicine are higher than other pharmacies around.

@GigaChad_169 22 дня назад

Too expensive and the atmosphere is depressing.

@gobsmacked230 22 дня назад

Here too...we only have 3 pharmacies in our small town... Walgreens is one of them. The store is ALWAYS busy, particularly the pharmacy. I only take one prescription (at 68 no less) and currently get it at Walgreens. As far as buying anything else there I don't...their prices are crazy high...I can do better elsewhere (plus I'm not a fan of their house brand as an alternative). Walgreens is in more trouble than they're admitting.

@Swimtomiami 22 дня назад

One thing they are doing now is exploiting their workers. Giving them double and triple the work, and firing those who are unable to handle the work of two people, for the price of one. What an abuse 😭

@DR4296 21 день назад

I think we're seeing that in a lot of businesses in the last 2 years. Not hiring. Firing people or watching them leave. And then the folks who are left just get stuck with the extra work... with no raises. And they're just told to "think positive" / not talk about it / not question leadership / accept it. At least, that's what I'm seeing.

@KikoValleyMan 21 день назад

@@DR4296I saw that and was even one of those doing the work of ten men right after 911.

@privatepilot4064 22 дня назад

America hasn’t seen anything yet. Not even close!

@D87943 22 дня назад

My friend and I think a Civil War will break out here in the USA and than WW3 will start afterwards.

@melissap9808 22 дня назад

💯

@ecliptix5436 22 дня назад

I was warning people for years that this sort of thing would come along. Told my boss back at Christmas that this would likely be the last good year for the US and that everything would be decelerating into the end of the year. Dunno if he believed me but it does seem I was right. Again.

@questionauthority7377 22 дня назад

You know future? Give me stock tips ! You know nothing

@questionauthority7377 22 дня назад

@@ecliptix5436your a genius

@baffinsansterre 22 дня назад

Walgreen can't compete with Amazon. No surprise here.

@dertythegrower 22 дня назад

amazon also just got pillpack which autoships and does better accuracy than common pharmacy.. delivered to door

@bballah9969 22 дня назад

More like no one can compete with Amazon thats a monopoly

@JamesGreenier 22 дня назад

Or Walmart.

@Battleneter 22 дня назад

Yep while I hate Amazon, the reality is they are slowly killing brick and mortar retail, as more and more people prefer to shop online than drive to the local mall.

@MplsMaven 22 дня назад

@@JamesGreenierour WalMart in Brooklyn Center, MN; a suburb of Minneapolis closed because of too many shootings.

@Huckleberry500 22 дня назад

Walgreens is overpriced and they know it, yet they are shocked. What a poorly run company.

@mnn1265 22 дня назад

This is why they are closing, not a "bad economy." Everyone today blames everyone but themselves for their poorly run businesses.

@thethaovatoquoc312 22 дня назад

Massive lootings by 'content of character', too. All similar stores without security got hit not just Walgreens.

@zsigzsag 22 дня назад

My daughter was a pharmacist/manger for Walgreens for several years. The pressure, stress especially during Covid was very difficult for her. She would work very often 14+ hrs a day sometimes 7 days a week, had very little time for her family. She finally quit went to work in the pharmacy at the regional hospital. She has more time with her kids and family now. More than a few pharmacists quit this company.

@mnn1265 22 дня назад

@@thethaovatoquoc312 Living the fantasy online dream huh? That has very little to do with anything but your hurt feelings. Theft has always been, and always will be a thing... it's nothing newly invented to destroy the world.

@JOSH-ge4oc 22 дня назад

All pharmacies have been committing evil acts against the American people. It's called "drug pushing" and thats why the US military seized all customers and doctors data. Inflation is just the cover story. This is all a psyop. Inflation is the excuse to shut down corporations involved in crimes against humanity.

@biposto749 22 дня назад

The whole world is going out of business

@karenkoe7096 22 дня назад

Absurd

@garyfrancis6193 22 дня назад

Is America te whole world?

@brent4073 22 дня назад

Too much debt stacked on top of debt to avoid a recession for decades…

@zaheerahshareef8131 22 дня назад

Right

@ecliptix5436 22 дня назад

The USD is going out of business.

@janedoe1404 22 дня назад

Worked for Walgreens last year, quit after they kept cutting my hours. I overheard a conference call that things are not going well. Theft is one of the problems.

@tizzx4945 22 дня назад

It's so lovely to see all youre friends and family in the Videos walking with you together and having a great time!😊

@tommyebay 22 дня назад

He's a class act for sure!

@TOCC50 22 дня назад

Her boyfriend 😅

@kathymaske8997 22 дня назад

@@TOCC50Well it's better than 'LOVER'.

@urduib 22 дня назад

Walking the family. Exercise and knowledge at the same time 😋

@saltydog3394 22 дня назад

@@TOCC50 haha, "My Moms boyfriend" is all i could think of.

@ulyssesgrant4403 21 день назад

That was awesome having your mom along for the video. I lost my mom to cancer three years ago . Lost my dad to dementia last year. Savor the moment because I never thought they would be gone and now I’m faced with that reality. Although I have lots and lots of wonderful memories shared through pictures and videos. This is great that you’re doing these videos with your parents because you’ll definitely be looking back at them . They did a great job raising you, Michael

@hallhv01 22 дня назад

I worked at Walgreens 1999-2000 as assistant manager during college. At that time their main strategy was building stores like crazy. They gave us mugs celebrating the xxxxxth store built. It was a big deal. We were extremely busy. It's crazy to see the reversal now.

@jasonweishaupt1828 21 день назад

Ours is a ghost town except the dope drive thru.

@advertisercommerce6990 22 дня назад

It is a good sign for Pharmacists! If we can remember all the way back to the 60's and 70's, most pharmacies where owned by the pharmacist, a local in the community. Now a days, maybe only a handful actually still exist. This will give them a chance to sprout backup. Walgreens has learned that you can't be in every single market and stay competitive. You need to keep large volume, high inventory turnover stores and close the rest, to afford to pay their executives the millions of dollars per annum. I say good riddance to corporate stores and HELLO to Mom and Pop stores, once again.

@Mia_Waiting 22 дня назад

Hello, Mrs. Bordenaro 🎉.

@BREEZYM6015 22 дня назад

Hello Mia.

@Horatio1886build 22 дня назад

They're cute.

@jasonweishaupt1828 21 день назад

Mrs. Miami Vice!

@MegaBg1982 22 дня назад

Walgreens has always had inflated prices on all their products. Why would anyone shop there?

@dertythegrower 22 дня назад

The deals and pharmacy mostly.. my buddy in sw oregon runs one.. says they do over a mil in sales per last years... on the coast border area

@pojack9979 22 дня назад

So does CVS

@afisanaa 22 дня назад

On the first Tuesday of the month 55+ and up gets a 20% discount at Walgreens.

@Litterbaux 22 дня назад

I'll hit the candy aisle if I have to go there for a RX, that's about it.

@Joce123 22 дня назад

For many years I bought all of my Christmas presents for my family of 10.. grandchildren and children...at Walgreens in Richfield Mn.. About six years ag so I stopped because they get too expensive

@annemoore4461 21 день назад

I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but I'll also have at least one pension, a 403 (b) and a very prolific lnvestment account with my Abby Joseph Cohen my FA. Retiring comfortably in the US these days is almost impossible. I honestly don't understand why people don't move to another country when they get older in retirement. It seems everybody has excuses for almost anything to not take action to better their situation.

@aydin6219 21 день назад

I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here

@ohmakure4716 21 день назад

How do i reach her, if you don't mind me asking?

@aydin6219 21 день назад

@ohmakure4716 her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@emmabeyza6036 21 день назад

Abby Joseph Cohen hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I'm stoked because I'm heading into retirement with almost a million bucks in my portfolio.

@babyucon 21 день назад

SCAM THREAD..lol Nice try

@user-wf4ls8zx3r 22 дня назад

Walgreens seems expensive-actually everywhere seems too expensive now….

@pensacola321 22 дня назад

When I was a kid, the expression "going to the drugstore" meant going to be ripped off. Still that way.

@jkmarshall3553 22 дня назад

Oh, it meant scoring a bag of weed in my neighborhood.

@pensacola321 22 дня назад

@@jkmarshall3553 😅😅

@tobyk5149 21 день назад

when my father said he was “going to church”, it meant he was making his Sunday morning rounds at the local bars and casinos.

@ryanyoung9202 21 день назад

@@tobyk5149 🤣🤣🤣🤣

@chucko12 22 дня назад

I've got to where I'd much rather listen to an intelligent regular person like this talk about regular life than to listen to the Malarkey that comes out of the corporate media and corporate news this is much more satisfying. A guy walking with his mom and talking, there's no brainwashing in it

@dertythegrower 22 дня назад

They also rely on Pfizer advertising...

@dertythegrower 22 дня назад

"Sponsored by pfizer" was commonly seen all 2021

@Manselus-uy3kz 22 дня назад

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

@Janise-pg8yr 22 дня назад

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

@TaniaLato-ky4wo 22 дня назад

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

@Janise-pg8yr 22 дня назад

My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@TaniaLato-ky4wo 22 дня назад

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

@FreestyleJameZ 12 дней назад

Our economy is afflicted by uncertainty, housing troubles, foreclosures, global shifts, and the aftermath of the epidemic, all of which contribute to instability. To restore stability and drive growth, all sectors must urgently address rising inflation, slowing GDP, and trade disruptions.

@CoreyLloydo 12 дней назад

The US dollar is losing value due to inflation, while other currencies are gaining strength, creating uncertainty. Nonetheless, many people remain confident in the Dollar's perceived safety. I'm concerned that my 420K retirement funds may lose value, therefore I'm looking for other financial stability.

@ArchieJohnson5h 12 дней назад

With my stressful career, I don't have time for investment analysis. For seven years, a fiduciary has managed my portfolio, responding to market situations, ensuring for effective navigation and informed decisions. Consider taking a similar plan of action.

@FreestyleJameZ 12 дней назад

Do you mind if I ask you to recommend the coach you employed? It seems you've figured it all out

@ArchieJohnson5h 12 дней назад

'Leah Foster Alderman', is a well known figure in her field

@ArchieJohnson5h 12 дней назад

I recommend looking into her qualifications further. She has extensive knowledge and is a treasure trove for anyone seeking to manage the financial markets.

@pojack9979 22 дня назад

The cost of items at CVS, Rite Aid and Walgreens is higher than other places.

@xzr56 22 дня назад

I LAWYS FOUND BARGAINS AT RITE AID IF I BOUGHT STUFF ON SALE.

@dertythegrower 22 дня назад

depends on deals

@melissasmess2773 22 дня назад

99% of the time I only got my drugs there.😂

@Omegafoxx77 22 дня назад

Most of the stores don't own their own buildings. The rent is astronomical. I used to be a manager.

@loisaustin6200 22 дня назад

@@xzr56 They closed the Rite Aid near me and turned it into a Walgreens. I liked it when it was a Rite Aid much better, they had a $1.00 aisle with lots of neat little household items, gadgets and snacks, etc., that I liked but that aisle disappeared as soon as Walgreens took over and I missed it. I go there occasionally but not often.

@bonniewatson178 22 дня назад

I like mom, she’s down to earth and honest!

@gobsmacked230 22 дня назад

She reminds me of MY mother...honest and down-to-earth.

@mkelly4042 22 дня назад

What do you mean by down to earth n why wouldn't she be? Is she a celebrity somehow im unaware of?

@bonniewatson178 22 дня назад

@@mkelly4042 there’s always a dummy in the comments 🤦🏽‍♀️

@marvinphillips1326 22 дня назад

When people elect not to have surgeries and take prescription pain medication as a replacement, you wonder why there’s so many crazy people out there. We are living in an overmedicated society.

@davidrassam3911 22 дня назад

Pharmacist here, 3 points from my perspective: 1- Walgreens business model is not sustainable. Huge stores with sky rocketing rent, while the pharmacy that brings in at least 70% of the sales is tucked in at the end of the store and doesn't need all the space. 2- Walgreens aim is to eliminate competition by buying small independent pharmacies. They buy up those stores, move their patient to a nearby Walgreens then close that down and force ppl to mail order pharmacy. 3- there's a rumor saying that Walgreens CEO who was Express scripts CEO is trying to merge the 2 companies and boost their mail order business hence the stores closures.

@debbiec6216 22 дня назад

I don't think I would like "mail order" takes longer to receive the medication to the patient, especially if the patient needs to receive it ASAP. This is convenient to the Drug Company and NOT for the patient. Sounds backwards. This just happen to me , I went to pick up my medicine , Tuesday 6/25 , well Walgreen didn't have it. The lady said it will be there speaking about Wednesday 6/26 , well it wasn't there again, so I had to wait again , two days later , I finally receive the medicine on Thursday 6/27 .

@davidrassam3911 22 дня назад

@@debbiec6216 that's horrible. If I can suggest one thing, try to use moms and pops pharmacies, much more convenient and very personal. (Provided that your insurance works there)

@DR4296 21 день назад

Also, what's their marketing strategy? As a consumer, why should I go to them instead of CVS or Walmart? Maybe I just totally ignore their ads or something, but I can't tell you any thing that THEY'VE got that their competitor CVS does not.

@karengrice2303 22 дня назад

I live in a small town that is a very scenic area and is mostly a tourist destination to enjoy the national park. We have no industry except a mill that produces brown paper and cardboard. It is non polluting which is nice. However, they announced the plant closing a couple of days ago laying off 192 people who work there. They will retain only a few people to maintain the plant until they decide to reopen some day. These were good paying union jobs lost to our community. It’s very concerning.

@sammythompson3694 22 дня назад

Regalwood in a town named after them were making cardboard and brown paper switched to feminine products. Recently they announced they were closing laying off 300+.

@robertmanley2687 22 дня назад

That's going to hurt the town

@BREEZYM6015 22 дня назад

What town? Maybe I'll move there. Gotta get out of Las Vegas.

@sammythompson3694 22 дня назад

@@BREEZYM6015 Try Nakina NC 30 minutes from Myrtle Beach lots of jobs there.

@debrarolland1704 22 дня назад

😢

@stanhankins3175 22 дня назад

Walgreens charges way too much. They need to SLASH their prices!!!!😂

@Apogge_kings 22 дня назад

Biden’s administration is trash

@NrthrnKnght 22 дня назад

then the CEO cant get a new boat

@michaelpowell7120 22 дня назад

They closed stores.............................happy?

@lisaottomann2396 22 дня назад

Exactly! They are ridiculous

@saltydog3394 22 дня назад

charge us honest hard working people through the nose yet allow others to just take stuff, oh wait is this the gov we were talking about... same same

@kimberlybrodeur6866 21 день назад

I worked for them as a pharmacist for 10 years. This is the result of 15 years of bad investments. I saw this coming years ago. Poor upper management.

@thelastboomer9088 22 дня назад

If an item is locked in a case in a store, I no longer buy it there but rather order from Amazon. I get stores are getting robbed blind but I’m not going to wait around 20 minutes while waiting for an associate to come unlock the case.

@cherylT321 22 дня назад

Good point!

@Wakeupandsniffthecoffee 22 дня назад

Here in Virginia there is a Walgreen across the street from CVS every few miles. They always seem to be on opposite corners.

@MplsMaven 22 дня назад

Opposite corners in my town.

@jimb3093 22 дня назад

Same here in Ohio.

@abrahams.lincoln6749 22 дня назад

Like BK & Mickey D’s.

@QUEENNEFERTITIWSC 22 дня назад

Same here in Pennsylvania

@nellyjohnson7316 22 дня назад

Mom and pop stores are virtually extinct.

@brent4073 22 дня назад

Makes sense. If you ever buy anything and need to put down a deposit, you might lose it if they go out of business, so you have an incentive to go buy from the “too big to fail” box store

@tomcaruso8087 22 дня назад

Yes, do a retirement video

@irisfbernard8377 22 дня назад

Walgreens in Illinois raised their prices so high that people stopped shopping there. That’s what happens when business gets too GREEDY.

@nickwilkinson7728 22 дня назад

Don't forget that the banks are also in trouble.They're saddled with billions in commercial real estate debt.

@cherylT321 22 дня назад

I just saw a video yesterday about possible bank closures…I was very dismayed when the first bank mentioned was Flagstar bank which just took over my community bank a few months ago. I’m seriously worried now and hoping that the nice tellers, who all know me by name, don’t lose their jobs!

@nickwilkinson7728 22 дня назад

@@cherylT321 exactly..

@johnnyx9892 21 день назад

"They're saddled with billions in commercial real estate debt." Their own fault.

@chrishartman9467 22 дня назад

criminals are stealing too much

@Eyeris625 22 дня назад

don't worry, the stores are closing

@Cooper127 22 дня назад

And prosecutors don’t put criminals in jail

@sst8959 21 день назад

@@Cooper127putting criminals in jail, that'd be ray cyst

@pojack9979 22 дня назад

My mom worked for the post office as well. Retired 10 years ago. She’s living her best life now.

@rst90274 22 дня назад

Walgreens started stocking like they're a Walmart but charging 7-11 prices for everything. I never, ever buy anything at Walgreens. Obviously, I am not alone. Their pricing is not due to inflation.

@asullivan4047 21 день назад

Mega theft is the primary reason in california-!!!😉.

@rst90274 21 день назад

@@asullivan4047 In the low income areas that have severe homelessness and street gangs, retail theft is a major problem. That is probably less than 10% of the state. The rest is thriving. California, if a country, would be the 5th wealthiest country in the world. Starting salary at a fast food place is $45K. A manager of the same restaurant makes $175K. Most tech jobs start at $200K. Walgreens struggle here mostly because we have informed consumers. They won't pay $12 for a tube of toothpaste when they can have 4 tubes for $12 delivered for free from Amazon or Walmart.

@tikihutdweller5944 21 день назад

@@rst90274 People in California only make a lot of money because of all the government laws/regulations etc. Not to mention well over 50% of the people's income goes to some kind of huge tax charged by that big parasite called government. By the way you really need $300k to live decent in those $200k a year jobs.

@OscarGarcia-sk8px 22 дня назад

Its been good to see the Borderano family participating in the podcast.

@user-lw7rp4eb3k 22 дня назад

Michael, you have very nice parents. Enjoy them! Love your channel and I like seeing you share no BS facts. Where I live, some stores are closing, including lots of mom and pop shops. Inflation is killing the economy

@RICHM7BV7 22 дня назад

I used to work at a Walgreens in Chicago and unpaid merchandise was disappearing like popsicles on a 100° day. Theft "shrink" is the real reason today. Companies can only write off so much losses today. If they don't get this problem under control I think most shopping will be done online.

@dertythegrower 22 дня назад

100%.. also the prices and staff costs, are not efficiently run.. not to mention ceo pay

@MrSteeDoo 22 дня назад

oh well

@buckingchet 22 дня назад

YOUR MOM LOOKS LIKE SHE ENJOYED DOING THE VIDEO! THANK YOU FOR BRINGING HER ALONG-IT WAS NICE TO MEET HER! ❤

@user-db2ob2jc2f 22 дня назад

Walgreen's was shown in the classic movie "Sunset Boulevard". Walgreen's makes $BLOOD$! They sell 25 Cent Pills for 100's of Dollars! Shame on the entire DRUG Industry!

@Deploracle 22 дня назад

But they didn't pay $0.25 each for them. They paid just a bit less for them than you do, and they pocket the difference as profit. Don't you think if they could sell them for less they would, as opposed to closing the store and firing everyone?

@Iquey 22 дня назад

@@Deploraclestop voting for politicians who refuse to tell medicine /big pharma corporations to cap their prices. Europe and other parts of the world pay MUCH less for the same medicine that Americans pay 10X as much here.

@Synistercrayon 22 дня назад

For poison

@BONZITORONTO 21 день назад

There are more Walgreens than food stores in some neighborhoods in Florida. What a sad reality.

@alicruz4900 21 день назад

Big pharma is not your friend. They are not to be trusted

@travkatz 22 дня назад

I also believe a factor is that people are waking up to how unnecessary much of medicine is.

@JennyShull 22 дня назад

I try to stay way from medications because of the possible side effects. Plus I’m not sure if the medication is working. I have heard that people have gotten sugar pills instead of medication. Not sure if that is true.

@Mhel2023 22 дня назад

I understand that some medications are necessary to sustain quality of life. However, for the other 95% of crap being prescribed, hopefully this, along with high food prices, will steer people to find a whole foods way of eating that works for their health, and move more in order to manage basic ailments

@D87943 22 дня назад

I was on anxiety/depression medicine and I hated it. I felt like a zombie and not myself and I’ll never be on any kind of drug ever again.

@LucitaBrown 22 дня назад

Both Michael and his mother talked so casually about their prescriptionS. I’ll bet mom is on statins which are a scam. People need to stop with all these drugs!! Most are unnecessary and have adverse side effects.

@cherylT321 22 дня назад

@@D87943 Are you using natural remedies now, then?

@queserasera1674 22 дня назад

Your mom is so sweet. Thanks for walking and talking with your son.

@elizabethblane201 22 дня назад

It's really nice to meet your family, Michael. It shows they raised a fine man.

@ozmunky 22 дня назад

Your Mum is looking well, thanks for bringing her along for a chat.

@Juliet875 22 дня назад

They want us to believe the economy is great but we know better it's not. Thanks Michael and thank you Michael's Mom!

@MrSteeDoo 22 дня назад

My eyes are telling me that things are booming. Should I not believe them?

@JennyShull 22 дня назад

There are two malls where I live (since 1994/5) that have lots of cars in the parking lot but when I go into the mall and the stores in the mall there is barley anyone there customer and employee wise. I remember I think in the 1990s or 2000s going to a clothing store at a mall where I live, with my dad, where there was only one check out counter, no changing rooms, no clothes racks just standing shelves with clothes on them. My dad and I only bought one pair of jeans and a music cd that was on the counter.

@karenkoe7096 21 день назад

Michael is a fear monger for profit. He is making money by scaring the pants off of his viewers.

@OldLion64 21 день назад

@@JennyShull Covid turned a ton of people to online shopping and they liked it. Malls are doomed. Also, kids can meet with their friends online for quite a while and that has slowly eroded Mall traffic.

@rostislavhruska8601 22 дня назад

Main issues of US economy: -Corruption -Crime in state department -Unfolowing national interests -Big guys dont pay taxes -thousand oversea military bases -to much suckers of national wallet -sponsoring NGO's around world -import not export

@DR4296 21 день назад

I would add... illegal immigration... both in COST of the all of the freebies that our government gives them... and in the COST of all of the government services (education, medical) that they suck-up for free. Our taxes are paying for all of that. And that money comes from you and me. (Granted, the government just PRINTS money like crazy, but in the end, we the people pay the price... heavily.)

@raidersamson3356 22 дня назад

I have a Walgreens that closed in my neighborhood, good riddance. They are too expensive, the pharmacy staff were always rude, and they offered nothing of value.

@MichaelGolpe 22 дня назад

Hello, Mrs. Bordenaro 🎉

@TOCC50 22 дня назад

Her boyfriend 😂

@KathyPamela 22 дня назад

You're a natural on camera, keep shining!

@tylerlaforce 22 дня назад

I actually have a contract with walgreens and me and my guys have already closed roughly 275 stores in the last 1.5 years. In my view, they are in big trouble

@douxchats2868 22 дня назад

YES! A retirement video would be wonderful. Especially with tips/suggestions from your Mom since she has just entered this chapter of her life.

@njdriving 22 дня назад

Walgreens was too oversaturated, they got like 5 within a 5 mile radius of here and goes exponentially higher when you increase the distance.

@mnn1265 22 дня назад

Exactly! Way too many of them. We have a drugstore on practically every other corner in CA.

@stanhankins3175 22 дня назад

Wal greens cost too much!!!

@Omegafoxx77 22 дня назад

I was a manager for a long time but left 4 years ago. They had the worst DEI Ceo at the time. I knew she would ruin the company.

@jjmccurry8357 22 дня назад

As a food vendor, I just got notice that Rite-Aid will be closing all of their Michigan locations.

@itsallperfectlynormal9805 22 дня назад

That explains the distribution center in the Yak closing.

@teriteri2277 22 дня назад

I worked there for many years. Their model was based off of convenience which compensated for higher prices. It's not sustainable in the digital age that we live in now.

@kevinc7632 22 дня назад

Closing them in bad neighborhoods 😂

@maketheconstitutiongreatag5038 22 дня назад

Yea, "bad" neighborhoods

@pojack9979 22 дня назад

As they should. The shoplifting is rampant

@johnh8705 22 дня назад

2,000 stores aren't in "bad neighborhoods"

@Mikefngarage 22 дня назад

💯 mostly in CA...big cities I guarantee you. I have heard about some sigh removals coming just a few days before the announcement (sign guys know before the public)

@smokey_gator_239 22 дня назад

🦧

@Column1 22 дня назад

Online sales are crushing these pharmacy service companies.The real estate model doesn't work as it did in the year 2000

@FlatWaterFilms 22 дня назад

Great way to remove cash. What do you do when te card doesn't work? So do you just use the phone?

@mnn1265 22 дня назад

Yeah, so they blame the "economy" for their failing business. Back in the day companies took their lumps and either evolved with the market or did everyone a favor and went out of business quietly... now these companies all want a handout. Like we OWE them something for being an old business?

@FlatWaterFilms 22 дня назад

@@mnn1265 I went to a private pharmacy. Walgreens was the worst.

@chasingsimpledreams 22 дня назад

I have a friend who works at a Walgreens in Albuquerque. The entire store’s payroll hours were cut and she got reduced to 20 hrs. She can’t live on that. No one can.

@andyny29 21 день назад

The last time I was in a Walgreens was several years ago. I still can’t get over how expensive everything was in that store!😡

@shanemb3 22 дня назад

Funny a place you go to get better (a pharmacy) sells alcohol, tobacco, candy, and other junkfood (probably 60+% of the store).

@TruthbeforeTrust 22 дня назад

Ironic isn’t it

@xzr56 22 дня назад

DOESN'T AMAZON ALSO??

@xzr56 22 дня назад

SO DOES WALMART, WHICH ALSO SELLS GUNS AND BULLETS...

@dertythegrower 22 дня назад

@@xzr56 yes but they also have bought pillPack which ships to your door in individual packets, better and faster than pharmacies typically

@Ziegfried82 22 дня назад

Historically the pharmacy was full of literally toxic items. So looking at them today not much has changed.

@keithkamps77 22 дня назад

To me this is completely ridiculous with these big companies whom put the smaller local pharmacies out of business and can't even supply the basic subscriptions such as the Rite Aid by my house it can take several days to get a prescription filled where the only local pharmacy here can filled it within hours. Screw them they deserve what they get!!!!!!!!

@WestCoastMachineLearning 22 дня назад

I like your mom's attitude to savings. People need to listen to your mom when she says suck it up and sacrifice to get a home and improve your position in life.

@zinnburban 22 дня назад

Wow, Your mom and dad are very cool. Very down to earth people. A person with no debt, is a rich person.

@azmike3572 22 дня назад

She mentioned "keeping up with the Joneses". By the time I caught up to them, they'd moved away.

@jimb3093 22 дня назад

lol!

@orlandrioussullivan9139 22 дня назад

As long as i been living, i couldnt never keep up, my money was never that long.

@googleuser868 21 день назад

I never cared what the jones did. They mind Thier business and I do likewise.

@danielcarlies5151 22 дня назад

About 60 % of Americans can't afford 1,000 emergency. So how can they have 3-6 months of savings? Also, inflation is costing an extra 18,000 a year, for example

@dertythegrower 22 дня назад

Most people do not have 6 months... also he just said what surveyed random people claim

@Theguys1 22 дня назад

Inflation is only 3%… !

@nelsonmeyerson4167 22 дня назад

Michael, Hello I love your channel. Walgreens closed their Orlando distribution center and about 400 employees were laid off without notice.

@tabbycat8511 22 дня назад

Actually NOT a sign of the economy weakening. It’s a sign of NO MORE FREE 0% INTEREST BORROWING.

@bobblacka918 22 дня назад

Couldn't agree more. When an economy DEPENDS on 0% interest, it's doomed to fail.

@lesliel1182 22 дня назад

I haven't wandered into one in 20 years. The prices are crazy.

@RickTheClipper 22 дня назад

Check prices at ALDI - a German company- or LIDL -another German company- and You see how Walmart is ripping You off

@dertythegrower 22 дня назад

in Nw michigan, Aldi just moved in across the main road from wallyworld 😅 cheers.. also its related to the same family as trader joes store chain

@melissasmess2773 22 дня назад

Doesn't matter if those stores aren't here. 🤷🏻‍♀️

@MplsMaven 22 дня назад

@@dertythegrowerAldi actually owns Trader Joe’s. You will not see them both in the same neighborhood. I wish we had a Trader Joe’s closer where I live now. They have great natural foods at an affordable cost.

@rudolphsmith1022 22 дня назад

Praise Jesus Christ! HALLELUJAH AND AMEN!!!

@giselawatson2203 22 дня назад

Just an FYI…owner of Aldi and Trader Joe’s is second richest man in Germany

@John-lz3hf 22 дня назад

Good on you for including your parents. I can't imagine how special they both must feel to witness their son's success and then be a part of it. Have a great weekend, sir.

@Livetoread1979 22 дня назад

Yay Mrs. Bordenaro! Fellow postal worker here. Enjoy your retirement.

@maritzabrown6741 22 дня назад

There is a Walgreens near me that moved to a smaller property and closed the store part and is just a pharmacy now. That could be what they mean by changing.

@MplsMaven 22 дня назад

Probably a combination of close, reduce size and laying off middle management.

@blackworldtraveler3711 22 дня назад

They should have done that years ago. Never liked the current model. Might have worked in the 70s.

@jamesalec1321 21 день назад

I have thought for a long while now, that they should get rid of the crappy retail side of the business, and just keep the pharmacy. The retail side is mostly junk food and cheap cosmetics near me.

@livinincalifornia 22 дня назад

Does anyone else notice how yellow and sickly the trees and plants are looking these days? I remember when they used to be nice and bright green. Something's wrong.

@lotsofthisandthat9791 22 дня назад

Chemtrails

@randersson3672 22 дня назад

HAARP.....

@rpbajb 22 дня назад

Get your eyes checked. The trees are fine.

@kellybrandon1179 22 дня назад

They getting poisoning from the subterranean I think.

@BREEZYM6015 22 дня назад

@@rpbajbYou mean my eyes are seeing yellow? I should probably stop eating so much butter straight from the container. 😂

@alsenior4809 22 дня назад

Dude. Give momma a big hug for all of us!

@63birdseye 22 дня назад

I really enjoy your videos, I am still working part time as a plumber I am 75 years old and yes I do have 3 monthsand more saved along with a bit of precious metals. I used to drive a new car all the time but now I have an older Buick in good condition. I hate paying for new cars ect. and lose to depreciation so now I have cars that are totally paid for and I don't care if they depreciate LOL I also have an older town house with a very small mortgage which includes taxes, so am in no rush to pay it off I no longer want to have many things as things are not the most important part of my life.

@AmericanConstellation 22 дня назад

That's really sweet to see your mom. She did a good job.

@MuzicTunes-lk6np 22 дня назад

I live across the street from a Walgreens & seldom shop there. It has higher prices than the grocery stores for the same exact item. Sometimes, they do have 'buy one get one free' item, especially on detergent. I do take advantage of that. 😃 👍

@tikihutdweller5944 21 день назад

All stores have a few items that are the cheapest items, they want you to take advantage of those so that they can hopefully take advantage of you with everything else.

@MuzicTunes-lk6np 21 день назад

@tikihutdweller5944 I'm not fool by that, I only purchase sale items that I actually need.

@cydonia3167 22 дня назад

An emergency fund is crucial. Even if it's a very small amount, keep squirreling it away and do not touch it unless there is a job loss. It could be the difference between being financially uncomfortable for awhile versus total financial devastation. The old folks were right about this one.

@johnlove5079 22 дня назад

I worked for the Post Office as a letter carrier for thirty years, been retired for ten years now and I love your channel

@blessedbygod3430 22 дня назад

Walgreens is more expensive and with the price of everything going up I am watching every penny!!

@syoung4471 22 дня назад

Walgreens is very overpriced. I used to just get prescriptions there but after we were on Kaiser they had their own in house pharmacy and will mail it to you. I will check from time to time but everything has to be on sale and even then it's usually a couple cents more expensive than Walmart regular prices.

@lisarand9701 22 дня назад

Their prices are TOO high! Their prices are TOO HIGH! THEIR PRICES ARE TOO HIGH!!!!!!

@BVAutoService 22 дня назад

Lisa, I don't know what your financial situation is currently. But if you could procure yourself some nachos...life will immediately improve.

@class1188 22 дня назад

No one has any health insurance to cover prescriptions it's not that they're too high nobody has any health insurance or prescription insurance that's usually given to you through a job those days are over😢

@deanndanie8961 22 дня назад

😅 @@BVAutoService

@suzannelemmon7297 22 дня назад

Never anyone in Walgreens when I go there. Poor service and high prices

@tacmason 22 дня назад

Good to see you walking with your Mom. Both of my parents are gone now, and they never could go for walks with me, because they did not "Maintain " their health, having been long time "smokers", and excessive "consumers". Please start focusing on retirement, when your ready Mike, I spent my 401K spending a year with my dad before he died, it was worth it , but I wish I had saved much more !

@DIVISIONINCISION 22 дня назад

You should have diversified assets earlier in life so you wouldn't have had to liquidate the 401K.

@tacmason 22 дня назад

@@DIVISIONINCISION The best laid plans.. sometimes go awry - learn from my mistakes - I hope your plan comes together !

@tank3957 22 дня назад

The REAL reason wallgreens is closing is because they are horribly overpriced and gouge the hell out of their customers so people are choosing better options. GOOD RIDDANCE!

@sewnsew6770 22 дня назад

Walgreens is very expensive

@blackworldtraveler3711 22 дня назад

Many here keep saying Walgreens is very expensive so I assume many shop there like a grocery or convenience store. I only go there if I need a prescription so it isn’t expensive at all.

@sewnsew6770 21 день назад

@@blackworldtraveler3711 well I am not a shopper my wife does it mostly. If I do go to get something from the pharmacy and also get a non prescription medicine she will tell me how much cheaper it is at Walmart

@OldLion64 21 день назад

CVS is worse

@derekliao3703 22 дня назад

Big thumbs up from Taiwan. Good way to practice my long forgotten English and understand current US economy at the same time, while visiting beautiful scenery in the background. 👍👍👍

@DavidMartinez-xx1rp 22 дня назад

Where some Walgreens are closing dollar general is opening up and leasing the building where it once stood.

@bharris1653 22 дня назад

One of the reasons Walgreens is closing stores is their prices. They are as much as 40% higher than Walmart or Amazon. I once saw a single button cell battery there for almost $7. I bought the same brand from Amazon in a pack of 5 for about $5. This is just one example. You have to be at least a little competitive.

@JeeGee114 22 дня назад

At the end when only Amazon is left it will also be 7 Dollars per battery.

@juliekostas7322 22 дня назад

The local Walgreens in my NYC neighborhood was closed down to rampant theft that increased tremendously after 2 homeless shelters were opened in 2020 in the area. The store manager told me they were losing more than 50K per *MONTH* in stolen merchandise. Now I have to be a CVS customer too--and it's more expensive and out of the way.

@glendajune9140 22 дня назад

Another good one Michael, love your mom. You’re both straight shooters, speaking from experience,& observation. Have a great evening,& weekend.💯🫶🏾💜✝️🙏🏾🇺🇸

@Weathernerd27 22 дня назад

When a store complains about inflation but raises their prices a huge amount, continues to give their top executives huge pay raises and their is ample evidence that most of the inflation is corporate greed/they don't need to raise prices that much then I have negative sympathy for the store I will dance on the stores grave.

@HarveyFoFi 22 дня назад

I switched to CVS from Walgreens, because they keep messing up my orders. It wasn't pharmacy's staff fault, it was the computer system they were using. PS: My friend works at one of them.

@QUEENNEFERTITIWSC 22 дня назад

CVS keep messing up medicine too I got to count my fiance medicine before we leave out sad because he need it & Walgreen close one store by me & a Ride Aid near me in Pennsylvania

@KL00100 22 дня назад

The hard truth is that the cost of living will always rise. The hardest part in life is to stay ahead of it.

@randersson3672 22 дня назад

All by design...

@MrSteeDoo 22 дня назад

Wages always rise too.

@jeanp5395 22 дня назад

Walgreens used to seem like they cared about their customers. Nowdays it’s like a ghost store with few clerks to help in finding items or checking out.