So what was the problem? Was is the fact that the City of Oakland raised the minimum wage to over $12.00 per hour? How can a store that was profitable be a problem? Its part of WalMarts Macro Scheme to close 269 stores world wide.
What can Oakland do? Why use the empty space and open its own retail store? The City Manager could make the deal with the distributors and import the same products. We have the Port of Oakland in the same city where all the products came from China anyway. Oakland has population, tax receipts and demand so its not like true store would be any less empty. Also the City of Oakland could pay the employees MORE than the WalMart Employees were getting. We can call the store OakMart.
Oakland could probably undercut WalMart in its distribution and WalMart might cry bloody murder. If so, then Oakland could take WalMart to court for violating anti trust laws. City Municipalities don't have the profit mandate that corporate models necessitate. Its time for Government to serve its people and not these companies who cut and run when the numbers are bad for a quarter. Although I'm certain this was not the case in Oakland.