https://www.ktre.com/2019/06/10/police-man-arrested-after-setting-fire-nacogdoches-walmart-store-closed-due-damage/

Uh okay ....

This is such an East Texas quote:

Quote:

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Specifically, underwear was ignited.

"It was a good fuel source. Hundred percent cotton. Cotton stacked up on cotton on wire racks. It was like cooking chicken on a grill," said Westmoreland.

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I heard someone kind of in the know say that there could be up to $8M in total loss from the incident (damage, product loss, and probably biggest - sales loss through closure). That number seems mind boggling high to me, but I guess it could be so.

nacluth said:

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I heard someone kind of in the know say that there could be up to $8M in total loss from the incident (damage, product loss, and probably biggest - sales loss through closure). That number seems mind boggling high to me, but I guess it could be so.

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If the store is closed for 3-4 days then that number is probably on the low side. That's one busy Walmart.

nacluth said:

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I heard someone kind of in the know say that there could be up to $8M in total loss from the incident (damage, product loss, and probably biggest - sales loss through closure). That number seems mind boggling high to me, but I guess it could be so.

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I've heard local Walmarts(Palestine/Athens) can pull in 1 million on special occassion days(Thanksgiving/etc). Googling it looks like Walmart stores average 120-150k in sales per day. I don't know how much product was lost or damage, but I could easily see it being a couple of million. Maybe slightly lower since they should be able to get it open by the Weekend & it's not the 1st of the month.

When I worked at Walmart in HS I'd occassionally have to help them pull cash from the registers, & we'd have a buggy with 50k in cash in it. That was wild to be pushing $50k around.

Probably the biggest local impact is if all the hourly employees aren't needed to clean up & restock. When you're living on hourly wages, losing 3 days in the middle of a pay period can be a big gap.