Latest / Arroe Collins Like It's Live / The Daily Mess Are Movie Theaters Losing Money Plus Grocery Stores Cutting Employee Hours
Transcript
- 0:00Speaker 1: So Amy doing this podcasting thing right by hosting twenty
- 0:03Speaker 1: different opportunities for you to explore so many things in
- 0:07Speaker 1: this everyday world. Because when it comes to content, we're
- 0:10Speaker 1: not all leading the same life. We all have different chefs,
- 0:13Speaker 1: different TV shows, music, everything is so different. So shouldn't
- 0:18Speaker 1: your podcast generation exactly Arrow dot net, Aroe dot net
- 0:24Speaker 1: twenty different podcasts to explore, enjoy it. Here's going on?
- 0:29Speaker 1: It's the question guy. I'm always asking questions because it's
- 0:32Speaker 1: very fun to start researching for answers. Our movie theater
- 0:36Speaker 1: is really truly losing out on big Hollywood money. Plus,
- 0:40Speaker 1: why are grocery stores and other retail chains always cutting
- 0:44Speaker 1: back their staff? My name is Arrow. I'm a daily writer,
- 0:48Speaker 1: a silent wolf. That means I stand on the sidelines
- 0:51Speaker 1: and do nothing but watch, listen, study, then activate. I
- 0:54Speaker 1: call it the daily Mess because it's a chronological walkthrough
- 0:56Speaker 1: in everyday world. It is my morning writing, the receiver
- 1:00Speaker 1: of thoughts and ideas. We as people tend to throw
- 1:03Speaker 1: things to the side because we are convinced we're gonna
- 1:05Speaker 1: deal with it later on. Give yourself a break and
- 1:08Speaker 1: take the pressure off. You don't give a crap about
- 1:10Speaker 1: going back. So deal with it now. When a subject
- 1:13Speaker 1: arrives inside of me, I know it's time to dig in.
- 1:16Speaker 1: It's still keeping that daily journal, but by doing that research,
- 1:20Speaker 1: the picture is going to become clearer. This is the
- 1:23Speaker 1: daily mess. Our movie theater is really losing out on
- 1:28Speaker 1: Hollywood money. What gives here? Well, some theaters are struggling.
- 1:33Speaker 1: That is the truth. The industry itself is far from
- 1:36Speaker 1: getting its head hacked off by Michael Freddy or the
- 1:39Speaker 1: dude from the Saw pictures. That whole movie magic thing is, though,
- 1:43Speaker 1: going through some strange transitions. Part of the pressure is
- 1:47Speaker 1: how it's been a difficult walk after the COVID lockdown.
- 1:50Speaker 1: Ticket sales are twenty percent off the peak In twenty twenty,
- 1:56Speaker 1: AMC Entertainment reported multiple quarterly losses. In fact, the last
- 2:00Speaker 1: quarter they lost one hundred and twenty seven million bucks.
- 2:02Speaker 1: That was one quarter. Why aren't people going back into
- 2:06Speaker 1: those movie theater seats? Well, because Hollywood is making fewer movies.
- 2:10Speaker 1: The most recent talks of mergers could also shrink the
- 2:13Speaker 1: industry even more. Here's how theaters are regaining control. IMAX.
- 2:19Speaker 1: Do you find yourself going in there? Luxury seating, better
- 2:22Speaker 1: food and an upgrade in alcohol. The forecast is to
- 2:27Speaker 1: whittle things down to fewer theaters, but with more experiences. Hey,
- 2:34Speaker 1: coming up next. Why are grocery stores and other retail
- 2:38Speaker 1: outlets cutting back on their employees hours? Hey, welcome back
- 2:44Speaker 1: to the daily Mess. Why are grocery store chains and
- 2:46Speaker 1: other retail outlets cutting back employee hours? I mean we're
- 2:49Speaker 1: talking about real people here with heartless managers. Well, the
- 2:53Speaker 1: entire industry, no matter where you shop, stores are cutting
- 2:57Speaker 1: employees hours because of economic pressures and strategies. Here's the
- 3:02Speaker 1: pain in the neck. Way decision makers think cut costs
- 3:06Speaker 1: right now. What's the easiest way to do that? Oh,
- 3:09Speaker 1: you just got to take out the employees. It's immediate savings.
- 3:13Speaker 1: Stores are laying low on hiring full time employees. That
- 3:18Speaker 1: means fewer benefits. Self checkout at a grocery store is
- 3:22Speaker 1: winning right now, even though theft is through the roof crazy.
- 3:26Speaker 1: A grocery store does all it can to reduce the workforce.
- 3:30Speaker 1: No need for cashiers. But bu bu bu. But you
- 3:33Speaker 1: do need to know that grocery stores aren't cutting hours
- 3:35Speaker 1: because they are failing. Not this billion dollar business. They're
- 3:39Speaker 1: protecting their profits. The trade off is having a smaller staff,
- 3:45Speaker 1: longer lines, burned out employees, and inconsistent schedules. For some reason,
- 3:50Speaker 1: the decision makers think that's the place to go. When
- 3:53Speaker 1: you break it all down, the competition in any retail
- 3:57Speaker 1: store is brutal. They can't raise prices anymore, So what
- 4:03Speaker 1: is the next best move? Cut off your employees. I'm
- 4:10Speaker 1: MARIW and that's the daily mess.