If they give it away it's considered a total loss but making it 3 cents they can say it is promotional and use it as a tax right off for the actual selling price they still get the full amount just on the back end
Itâs got nothing to do with a social position and everything to do with profits at scale and over time. So, shelf space costs money as a function of opportunity cost. Normally, barring a scandal, that beer stocks out and gets replenished at a regular interval. This is an inventory turn.
If the beer sits endlessly then they lose money that another product on that same shelf could have made them. Itâs a short term write off that normalizes as time goes on and new product sales are realized. This is particularly true if they slot in a higher margin product.
TL/DR: If any product sits too long then you lose money as a function of inventory carrying costs. This is a supply chain decision to drive profitability.
Edit: People are really caught up on the 3 cents thing, so here is some more detail.
It is a loss and 3 cents is a Walmart thing, that has nothing to so with Sycamore products. They use 3 cents as a way to process out inventory for a write off. That cannot be done for alcohol, but they use the same process because it ends up achieving the goal of emptying shelf/floor space.
Why 3 cents?
Example - Walmart wants to get rid of some seasonal apparel that didnât sell. So one person is assigned to go and mark the items down on the label and on the handheld for inventory. This is the inventory control piece.
Step 2 is that apparel is supposed to to collect those items and take them to claims/ customer service. That doesnât always happen right away and as a result, TikTok chuckleheads go viral for having found âSecret Walmart Dealsâ. . . No, you didnât. The only secret is that the process was only half done because Wally World runs skeleton crews and stuff gets half assed.
If they DO make it to CS/ Claims then that is where they are formally removed from inventory and batched up as an outbound donation, that they can write off for tax purposes. This works for *most goods so there is a process. There are exceptions, and alcohol is one of them.
At the end of the day, Walmart needed shelf space cleared over the weekend because the new beer guy comes in to replace it on Monday as part of his regular VMI visit. They leveraged an existing process to realize their goal and they marked it as 3 cents because . . . . Walmart. They picked an arbitrary valuation to signal to employees that a specific action was needed. It has nothing to do with the beer itself.
By law, Walmart already fully owns that product (alcohol is pay on delivery in NC), and they only have two options at this point - sell or dispose of. Iâm sure they figured disposing of the product and trying to reclaim their losses through insurance or legal action against Sycamore was costlier than simply selling the beer at a total loss.
It is a loss and 3 cents is a Walmart thing. They use 3 cents as a way to process out inventory for a write off. That cannot be done for alcohol, but they use the same process because it ends up achieving the goal of emptying shelf/floor space.
Why 3 cents?
Example - Walmart wants to get rid of some seasonal apparel that didnât sell. So one person is assigned to go and mark the items down on the label and on the handheld for inventory. This is the inventory control piece.
Step 2 is that apparel is supposed to to collect those items and take them to claims/ customer service. That doesnât always happen right away and as a result, TikTok chuckleheads go viral for having found âSecret Walmart Dealsâ. . . No, you didnât. The only secret is that the process was only half done because Wally World runs skeleton crews and stuff gets half assed.
If they DO make it to CS/ Claims then that is where they are formally removed from inventory and batched up as an outbound donation, that they can write off for tax purposes. This works for *most goods so there is a process. There are exceptions, and alcohol is one of them.
At the end of the day, Walmart needed shelf space cleared over the weekend because the new beer guy comes in to replace it on Monday as part of his regular VMI visit. They leveraged an existing process to realize their goal and THAT is why it was 3 cents.
When I was switching from dayshift to nightshift and then like an idiot back again I was looooving the Walmart clearance cheap as heck scores! Back before Covid I guess bc it was late as hell and I was looking at nail polish in my scrubs either coming or going never knew with this scanner champâŚ
Remember when they had big loud scanners in the aisles ?! Omggg the good old days
3c not a total loss? đ đ . So when the customer uses his card to pay for it (because you know they will) WM has to pay a transaction fee and % for that sale, so they actually lost money. They would be better off tossing it đ¤Ł
Iâd like you to continue teaching me big picture understanding such as this please where can I sign up? Smh wish I was kidding sir excellently and eloquently explains a lot
They donât do that with alcohol, at least not in NC. ABC laws require wholesalers to give everyone the same price regardless of quantity purchased. So, the small convenience store on the corner purchased their one case of Mountain Candy for the same price per case as Walmart purchased their 50 cases.
My wife works for a company supplying grocery stores locally. She said all the stores she was in last week had multiple carts of Sycamore in the back for buyback. I'm guessing Walmart doesn't want to deal with the headache (and uncertainty) of Sycamore buying back their product.
Walmart has more access to the consumer market than just about any chain, due to the sheer number of stores they have and their advanced distribution network.
What that means for vendors is that Walmart can impose strict terms on price, payment terms, and other verbiage favorable to Walmart. In this case, Walmart will short pay the invoice because of contract language that holds them harmless due to Sycamoreâs actions that harmed sales.
If they are bothering to execute the buyback clause, which I doubt, then they will give Sycamore a deadline for pickup and start charging them late fees in the form of invoice deductions. Worse yet, Walmart could arrange the transportation and deduct the transportation and inventory cost entirely and wiggle out of paying their most recent invoices entirely. I think they dumped it rather than deal with a buyback because they are burning that bridge, but thatâs just my opinion.
Walmart is arguably THE most aggressive company when it comes to vendors. If they think that Sycamore is a sinking ship, they will exploit every ounce of leverage they can. Especially if they, like many, think that the brewery is financially ruined.
Prolly the wife and actual in house manager trying to save face right? Idk going to broke for that giant company bc of the head of state I mean company is a POS
Walmart is probably executing a clause that holds them harmless if a brand hurts their own sales. They wonât pay for the inventory. Rather they will short pay the invoice and sever ties.
Whose gonna come after them, a dying business? Besides, itâs part of the vendor agreement that they signed.
takes up too much space in the dumpster. most of their food waste is recouped by second harvest now so they've reduced the size of their waste containers by a lot.
They were sunk once distributors stopped taking new orders for them. They have built that whole business on mass distribution. They have a better network than most independent breweries. The brew house off N. Tryon is maintained by the money from distribution. The empty taproom is just bad PR (on top of no sales), but the distribution is the lifeblood of the business.
Yeah, the brand is ruined but the parts are salvageable. Everything from equipment, to location, to the recipes can be rebranded under a new company, and if one is willing to take the risk it can be bough now for a pretty penny. If I was a local brewer it would be a tempting move to see what price you could get it all for.
I would imagine it's tainted for a while until enough time passes. I doubt we will see a public purchase soon by a consumer facing entity. Probably some investment bros who want to chop it up and make a quick buck once the stench is off.
This is smart. Sell it all! Charlotte is forever building anyone of those corporate deep pockets will knock it down and rebuild apartments or something obvious in no time
Charlotte Business Journal reported that 90%+ of their business is from distribution, they were the 2nd biggest craft brewer in NC. Their products are being dropped, hard to imagine theyâd survive that.
Theyâre actually closer to the 5th largest not including new Belgium or Sierra Nevada. Not to say they donât distribute a lot of beer. I feel awful for the employees though. They mustâve employed nearly 100 people
I think selling is the best option. Sell the brewhouse to a brewery that wants to expand to the east coast and/or Charlotte. The Southend taproom can be marketed to a brewery or restaurant or multiples since it is a 2-story space. One of the worst things I think Sycamore did was sell their original building and cave to developers.
Equipment isn't worthless (except to them, seeing that there's no point in operating it under their name). A smaller brewery looking to increase capacity can potentially take advantage here. The equipment for that scale of operation is likely quite expensive to purchase new.
Yeah, sheâs really good at marketing the business. My prediction is she files for divorce, sells the business, moves back to Bermuda, and starts an online marketing business. Or sells her story as a motivational speaker.
They'll just open a sister company basically change the name and ownership to a family member the Arabs do it all the time in NY when they get caught for snap fraud or illegal cigarette sells
Genuinely asking why the wife is to blame as well? Is there evidence she knew about it and did nothing or covered it up? Iâm not read up on it except that guy is despicable
The wife is not immediate to blame, however, the general idea is that one cannot be married to someone involved in such nefarious acts without at minimum ignoring spidey senses, and at maximum, completely turning a blind eye to the spouseâs behavior to pretend it doesnât exist.
Please there is another bar in another part of town to be hired if youâre not an ass mooching off the perverted child molester⌠thatâd be the only way youâd depend on any service industry job like a brewery
To people who knew the owners and their reputation prior to this incident, they'd tell you she's not a good person either. Maybe not raping kids. But you'll never hear them talking about her as a victim.
The fact that she put out that first statement under her name told me everything I needed to know. "How dare this happen to me", if that was a lawyer or a PR firm it should become a case-study of an Olympic gold medal faceplant, also ain't no-way their finances aren't still joint.
I donât pity the multimillionaire who gave a half ass statement to the victim. Half the apology was a reach for pity for her own family. Not to mention it was well known the guy was a pervert and would hit on his employees.
I would have agreed until I saw her statement. Talking about the devistation this caused her family and not anything about the victim. Like, we don't care who's running the business now. It's literally the least of our worries.
I'm pretty sure both statements put out by the org, essentially representing her, had statements towards joining others in the horror/grief/ to the victim's family. Unless there's an additional post directly by her that didn't include any of that that I wasn't aware of.
That was the first statement, she came out with another. Have you been through a situation like this or potentially having a PR team or attorney tell you what to say? Doubtful.
She will be completely and totally fine. They are multimillionaires who can live the rest of their life in comfort off of interest. they have multiple 1.5+ million dollar homes in Charlotte alone ( can't be bothered to search tax records for other cities) plus however many millions in physical assets for the business.
I'm not happy about it, but I'm not gonna boohoo about it either.Â
It's a perfect opportunity to sell some assets, payout your crew through the holidays, retire and let someone else make some money.
All these same companies supported another much more high profile SAer because it was convenient for them. Donât act like they actually care beyond the local fallout that would be had otherwise. Follow the money, works every single time.
When I worked at a store, if there was ever a massive discount like this, the employees or their family usually already bought it the second it was put out. I'm thinking selling it at retail and donating to a fund for rape victims would be a better thing, but Walmart probably just wants it gone asap, which I can't blame them. Very disturbed owner. Hope the victims family sues the hell out of him and he goes to jail for a very very long time.
Knowing how shitty the founder, the company and the Walton family all are, theyâd never do such a thing. Hell: they notoriously give away very little in terms of philanthropy, which itself isnât a real ~morally good~ system under capitalism.
There are power drinkers around the corner from every bar every place every town that will drink anything from a tap for anything youâll give themâŚ
fuck the owner bit sycamore made its money the second walmart bought this. buying it from walmart makes no difference. signed, someone who sells very different products to walmart
I wondered if anyone had said anything to them, I didn't. Actually, they are already bought and paid for, so no more money is going to Sycamore. So Costco doesnt really have a reason to take a loss on them.
Knowing Walmart, the vendor always loses. So thereâs a good chance that Sycamore will have to eat a good portion of the lost costs on these products that theyâve had to effectively recall. Part of the vendor contract with working in Walmart is that they can discount when they feel itâs necessary and any losses are charged back to the supplier. So donât cry a tear for Walmart.
Not how it works, in NC all alcohol sales are final so once a distributor sells that product to Walmart they own it and canât require anything from the manufacturer or distributor. Sycamore is also shielded by the fact that they donât sell directly to Walmart, they sell to a distributor who in turn sells it to Walmart.
Was unaware of the difference in a case of alcohol sales to Walmart. I was talking about other goods that Iâve been dealing with in regards to how they treat those discounts.
They probably didnât sell any for 3¢ more likely thatâs just the price they use in the system when theyâre writing off and destroying something, and the electronic tag updated even though the product was already pulled from the shelf.
I think thatâs a just one step before they return to vendor or discard. As you see, the product is already pulled from the shelf. Theyâll have a product they can actually sell there shortly.
My Walmart has a tiny beer section, one half of aisle 29, all in a cooler section. They donât want to waste that space with something that doesnât sell, or even worse something that could spark vandalism.
That place is a nightmare of risk. The only conversation to be had for the first year of business is going to be from customers talking about how this "used to be the old Sycamore building". The second year it will come back when the trial hits the news cycle. Then again if probation comes up as an offering.
The landlord is going to need to subdivided that space.
Aware or not, her response was telling. How she expressed no sympathy for the victim and their family but talked about how painful the charges were for hers? Yeah she can go fuck herself.
Based on their Christmas cookie cans over the past years (that I believe she designed?) I assume they were into come kinky stuff.
But there is a huge difference between being kinky with your spouse and soliciting teenagers online. I believe it is entirely possible she had no clue.
That's such a weird generalization and assumption.
Sorry I totally read that too fast and missed an important piece. Thought this was equating the sweaters and can designs to being red flags. I've already posted earlier this week about how deviancy is not the same as being a predator.
They may not necessarily have been âinto kinky stuffâ but they were very apparently sex-positive. And there is nothing wrong with that. The people posting things like âthe signs were all there all along, look at the can designs!â are unfairly conflating any sexual deviancy, or sex-positivity, with horrendous criminal acts. This of course doesnât excuse the scumbag behavior, but being a kinky horndog doesnât always mean youâre also a scumbag, it just so happens this guy was both.
Despite their bs story about selling their home to start the brewery, she comes from generational wealth. She'll be just fine from a financial standpoint.
I do feel for the employees who are now left with this shitty mess. Probably nervous about whether their jobs are safe and thinking about supporting their families
Re-brand. Wife only. I'd imagine the support for her and her alone will be strong, considering she's more of a victim than not here. Not belittling the underage girl, but the wife didn't want or deserve any of this.
The 40 year old co-founder of the brewery has been soliciting young looking women and apparently minors and was caught naked in a 13 year old's room having committed statutory rape, and apparently got in a fight with someone else that night and got additional assault charges.
It's insane when Walmart chooses losing money over supporting you further.
I can't believe I'm agreeing with Walmart right now. What a wild world we live in.
Nah I think this is an economic move not a moral one , thatâs why itâs marked down
It's not moral to throw them away either This is basically giving it away
Itâs cheaper to sell for 3 cents, than fill a dumpster
Maybe they arenât allowed to give them Away for legal reasons .
But I still think itâs economic not moral
I mean how much does Walmart throw away everyday ? A damn lot .
I'm sure a lot but these aren't apples
Not legally being allowed to is likely why, but other stores are just trashing them/pouring them out.
If they give it away it's considered a total loss but making it 3 cents they can say it is promotional and use it as a tax right off for the actual selling price they still get the full amount just on the back end
Cosmo Kramer: It's a write-off for them.
Jerry: How is it a write-off?
Cosmo Kramer: They just write it off.
Jerry: Write it off what?
Cosmo Kramer: Jerry, all these big companies, they write off everything.
Jerry: You don't even know what a write-off is.
Cosmo Kramer: Do you?
Jerry: No, I don't.
Cosmo Kramer: But they do. And they're the ones writing it off.
I worked at Walmart for 8 years, the amount of food they threw away would blow your mind.
Yeah I'm not saying they don't throw away food. You don't have to work there to know that they throw away a ton.
But there's a difference between a can of beer and a banana
Yes, some people will still eat a rotten banana đ
Rotten bananas make excellent banana bread.
Itâs got nothing to do with a social position and everything to do with profits at scale and over time. So, shelf space costs money as a function of opportunity cost. Normally, barring a scandal, that beer stocks out and gets replenished at a regular interval. This is an inventory turn.
If the beer sits endlessly then they lose money that another product on that same shelf could have made them. Itâs a short term write off that normalizes as time goes on and new product sales are realized. This is particularly true if they slot in a higher margin product.
TL/DR: If any product sits too long then you lose money as a function of inventory carrying costs. This is a supply chain decision to drive profitability.
Edit: People are really caught up on the 3 cents thing, so here is some more detail.
It is a loss and 3 cents is a Walmart thing, that has nothing to so with Sycamore products. They use 3 cents as a way to process out inventory for a write off. That cannot be done for alcohol, but they use the same process because it ends up achieving the goal of emptying shelf/floor space.
Why 3 cents?
Example - Walmart wants to get rid of some seasonal apparel that didnât sell. So one person is assigned to go and mark the items down on the label and on the handheld for inventory. This is the inventory control piece.
Step 2 is that apparel is supposed to to collect those items and take them to claims/ customer service. That doesnât always happen right away and as a result, TikTok chuckleheads go viral for having found âSecret Walmart Dealsâ. . . No, you didnât. The only secret is that the process was only half done because Wally World runs skeleton crews and stuff gets half assed.
If they DO make it to CS/ Claims then that is where they are formally removed from inventory and batched up as an outbound donation, that they can write off for tax purposes. This works for *most goods so there is a process. There are exceptions, and alcohol is one of them.
At the end of the day, Walmart needed shelf space cleared over the weekend because the new beer guy comes in to replace it on Monday as part of his regular VMI visit. They leveraged an existing process to realize their goal and they marked it as 3 cents because . . . . Walmart. They picked an arbitrary valuation to signal to employees that a specific action was needed. It has nothing to do with the beer itself.
This guy MBAs
This is what they teach you at mba school? lol
Makes sense but I canât imagine it wouldnât have moved nearly as quickly at $4 or something like that
Given the scandal at hand, I think .3¢ would just grab those on the fence to go ahead and purchase so the business selling arenât at a total loss.
That shelf is empty in the pic right??
3 cents is effectively a total loss
By law, Walmart already fully owns that product (alcohol is pay on delivery in NC), and they only have two options at this point - sell or dispose of. Iâm sure they figured disposing of the product and trying to reclaim their losses through insurance or legal action against Sycamore was costlier than simply selling the beer at a total loss.
It is a loss and 3 cents is a Walmart thing. They use 3 cents as a way to process out inventory for a write off. That cannot be done for alcohol, but they use the same process because it ends up achieving the goal of emptying shelf/floor space.
Why 3 cents?
Example - Walmart wants to get rid of some seasonal apparel that didnât sell. So one person is assigned to go and mark the items down on the label and on the handheld for inventory. This is the inventory control piece.
Step 2 is that apparel is supposed to to collect those items and take them to claims/ customer service. That doesnât always happen right away and as a result, TikTok chuckleheads go viral for having found âSecret Walmart Dealsâ. . . No, you didnât. The only secret is that the process was only half done because Wally World runs skeleton crews and stuff gets half assed.
If they DO make it to CS/ Claims then that is where they are formally removed from inventory and batched up as an outbound donation, that they can write off for tax purposes. This works for *most goods so there is a process. There are exceptions, and alcohol is one of them.
At the end of the day, Walmart needed shelf space cleared over the weekend because the new beer guy comes in to replace it on Monday as part of his regular VMI visit. They leveraged an existing process to realize their goal and THAT is why it was 3 cents.
When I was switching from dayshift to nightshift and then like an idiot back again I was looooving the Walmart clearance cheap as heck scores! Back before Covid I guess bc it was late as hell and I was looking at nail polish in my scrubs either coming or going never knew with this scanner champâŚ
Remember when they had big loud scanners in the aisles ?! Omggg the good old days
âPshhhh says u Kmartâ -Walmart
3c not a total loss? đ đ . So when the customer uses his card to pay for it (because you know they will) WM has to pay a transaction fee and % for that sale, so they actually lost money. They would be better off tossing it đ¤Ł
Brilliant answer
Iâd like you to continue teaching me big picture understanding such as this please where can I sign up? Smh wish I was kidding sir excellently and eloquently explains a lot
Walmart is not losing ANY money
[deleted]
They donât do that with alcohol, at least not in NC. ABC laws require wholesalers to give everyone the same price regardless of quantity purchased. So, the small convenience store on the corner purchased their one case of Mountain Candy for the same price per case as Walmart purchased their 50 cases.
Dude itâs not a moral decision lol
$.03 is the default claims price. Means they were going to throw it all away.
Probably a liability issue with just putting it in the dumpster
My wife works for a company supplying grocery stores locally. She said all the stores she was in last week had multiple carts of Sycamore in the back for buyback. I'm guessing Walmart doesn't want to deal with the headache (and uncertainty) of Sycamore buying back their product.
Right?! Those pallets could sit there for weeks! Slowing down regular operations.
Walmart has more access to the consumer market than just about any chain, due to the sheer number of stores they have and their advanced distribution network.
What that means for vendors is that Walmart can impose strict terms on price, payment terms, and other verbiage favorable to Walmart. In this case, Walmart will short pay the invoice because of contract language that holds them harmless due to Sycamoreâs actions that harmed sales.
If they are bothering to execute the buyback clause, which I doubt, then they will give Sycamore a deadline for pickup and start charging them late fees in the form of invoice deductions. Worse yet, Walmart could arrange the transportation and deduct the transportation and inventory cost entirely and wiggle out of paying their most recent invoices entirely. I think they dumped it rather than deal with a buyback because they are burning that bridge, but thatâs just my opinion.
Walmart is arguably THE most aggressive company when it comes to vendors. If they think that Sycamore is a sinking ship, they will exploit every ounce of leverage they can. Especially if they, like many, think that the brewery is financially ruined.
Prolly the wife and actual in house manager trying to save face right? Idk going to broke for that giant company bc of the head of state I mean company is a POS
Walmart is probably executing a clause that holds them harmless if a brand hurts their own sales. They wonât pay for the inventory. Rather they will short pay the invoice and sever ties.
Whose gonna come after them, a dying business? Besides, itâs part of the vendor agreement that they signed.
takes up too much space in the dumpster. most of their food waste is recouped by second harvest now so they've reduced the size of their waste containers by a lot.
I wonder where Sycamore goes from here like it feels like thereâs no real pathway forward for them.
Sell the company and any remaining assets.
They were sunk once distributors stopped taking new orders for them. They have built that whole business on mass distribution. They have a better network than most independent breweries. The brew house off N. Tryon is maintained by the money from distribution. The empty taproom is just bad PR (on top of no sales), but the distribution is the lifeblood of the business.
Yeah, the brand is ruined but the parts are salvageable. Everything from equipment, to location, to the recipes can be rebranded under a new company, and if one is willing to take the risk it can be bough now for a pretty penny. If I was a local brewer it would be a tempting move to see what price you could get it all for.
I would imagine it's tainted for a while until enough time passes. I doubt we will see a public purchase soon by a consumer facing entity. Probably some investment bros who want to chop it up and make a quick buck once the stench is off.
They probably won't sell it but do a false sell where they sell it to a family member and still own it
This is smart. Sell it all! Charlotte is forever building anyone of those corporate deep pockets will knock it down and rebuild apartments or something obvious in no time
Charlotte Business Journal reported that 90%+ of their business is from distribution, they were the 2nd biggest craft brewer in NC. Their products are being dropped, hard to imagine theyâd survive that.
Theyâre actually closer to the 5th largest not including new Belgium or Sierra Nevada. Not to say they donât distribute a lot of beer. I feel awful for the employees though. They mustâve employed nearly 100 people
Who are the 4 ahead of them?
Theyâre actually second or third. I didnât realize how old the data I was looking at was.
https://www.axios.com/local/raleigh/2025/06/26/stat-du-jour-north-carolina-s-largest-brewers
I think selling is the best option. Sell the brewhouse to a brewery that wants to expand to the east coast and/or Charlotte. The Southend taproom can be marketed to a brewery or restaurant or multiples since it is a 2-story space. One of the worst things I think Sycamore did was sell their original building and cave to developers.
It's over. Their value was the branding, not the beer recipes.Â
I guess their equipment is worth a very small amount of money. The brand is worthless now.
Equipment isn't worthless (except to them, seeing that there's no point in operating it under their name). A smaller brewery looking to increase capacity can potentially take advantage here. The equipment for that scale of operation is likely quite expensive to purchase new.
True, the beer was terrible.
They'll take a financial hit then rebrand. People will forget or stop caring after a while.
Pretty clear the husband isn't going to be able to benefit for a long long time anyway.Â
Theyâll probably just go away altogether and not even rebrand. I canât imagine the wife wants to start a new brewery on her own after all of this.
Yeah, sheâs really good at marketing the business. My prediction is she files for divorce, sells the business, moves back to Bermuda, and starts an online marketing business. Or sells her story as a motivational speaker.
They'll just open a sister company basically change the name and ownership to a family member the Arabs do it all the time in NY when they get caught for snap fraud or illegal cigarette sells
I love seeing how quickly sycamore was cancelled.
Yes, it is really nice to see that everyone can join together and agree that we should not support or protect child rapists.
It sucks for the one owner who didnât rape a child. She didnât really deserve this
The only ones who didnât deserve this are the employees who rely on the tips and patronage.
And the actual child victim. I don't have it in me to worry about the adult employees when there is a child who will be traumatized for life.
Thatâs fair.
Genuinely asking why the wife is to blame as well? Is there evidence she knew about it and did nothing or covered it up? Iâm not read up on it except that guy is despicable
The wife is not immediate to blame, however, the general idea is that one cannot be married to someone involved in such nefarious acts without at minimum ignoring spidey senses, and at maximum, completely turning a blind eye to the spouseâs behavior to pretend it doesnât exist.
Thanks for my first awardâŚ. But letâs use that energy to help the ones who are impacted by his choices vs some random person on Reddit.
YES! I have been saying this!
Please there is another bar in another part of town to be hired if youâre not an ass mooching off the perverted child molester⌠thatâd be the only way youâd depend on any service industry job like a brewery
To people who knew the owners and their reputation prior to this incident, they'd tell you she's not a good person either. Maybe not raping kids. But you'll never hear them talking about her as a victim.
The fact that she put out that first statement under her name told me everything I needed to know. "How dare this happen to me", if that was a lawyer or a PR firm it should become a case-study of an Olympic gold medal faceplant, also ain't no-way their finances aren't still joint.
What a c u next Tuesday. Of course she made it about her. Gross
I donât pity the multimillionaire who gave a half ass statement to the victim. Half the apology was a reach for pity for her own family. Not to mention it was well known the guy was a pervert and would hit on his employees.
Not for the rape no. For who they are and what they support? It is a miracle they were popular.Â
I would have agreed until I saw her statement. Talking about the devistation this caused her family and not anything about the victim. Like, we don't care who's running the business now. It's literally the least of our worries.
I mean to be clear it would completely fuck up your entire world if your husband did this
Yes it would. But why would any MOTHER focus on her own repercussions instead of the trauma inflicted on a CHILD.
Shame on her for focusing on her own self as an adult instead of understanding the long term impact on that young girl he assaulted.
She or her really bad team killed the business with that statement. Â
I'm pretty sure both statements put out by the org, essentially representing her, had statements towards joining others in the horror/grief/ to the victim's family. Unless there's an additional post directly by her that didn't include any of that that I wasn't aware of.
https://preview.redd.it/ct9oh3b7jf8g1.png?width=425&format=png&auto=webp&s=36fd7887efbcb773d6c1c4e4b3ca552b7098bc93
Oh, my bad. "and others" đ¤Śââď¸
Nasty, almost like they want to support him initially
https://preview.redd.it/zq964ek5xf8g1.jpeg?width=1179&format=pjpg&auto=webp&s=ed78262951de991054821a6dd5b0ba35f8bd08df
So two days later, only after they saw how their original statement was interpreted? Got it.
She definitely mentions the victim.
And it's not just her. Hundreds of people are out of jobs because of that piece of shit.
If, "and others" was acceptable to you, then that says a lot about you.
https://preview.redd.it/ur5puy3aof8g1.png?width=425&format=png&auto=webp&s=0a3f0c1e2a69e5157c5a31fbb5c3ee72d845e736
That was the first statement, she came out with another. Have you been through a situation like this or potentially having a PR team or attorney tell you what to say? Doubtful.
Iâm sorry, but youâre ok with supporting child rapists if they employ a lot of people? Thatâs how this is coming across.
She'll be fine
She will be completely and totally fine. They are multimillionaires who can live the rest of their life in comfort off of interest. they have multiple 1.5+ million dollar homes in Charlotte alone ( can't be bothered to search tax records for other cities) plus however many millions in physical assets for the business.
I'm not happy about it, but I'm not gonna boohoo about it either.Â
It's a perfect opportunity to sell some assets, payout your crew through the holidays, retire and let someone else make some money.
The wife of the rapist? Hot take but sheâs clearly an awful person too. No sympathy
I been out of the loop.. what happened? Are they closed now?
All these same companies supported another much more high profile SAer because it was convenient for them. Donât act like they actually care beyond the local fallout that would be had otherwise. Follow the money, works every single time.
When I worked at a store, if there was ever a massive discount like this, the employees or their family usually already bought it the second it was put out. I'm thinking selling it at retail and donating to a fund for rape victims would be a better thing, but Walmart probably just wants it gone asap, which I can't blame them. Very disturbed owner. Hope the victims family sues the hell out of him and he goes to jail for a very very long time.
Knowing how shitty the founder, the company and the Walton family all are, theyâd never do such a thing. Hell: they notoriously give away very little in terms of philanthropy, which itself isnât a real ~morally good~ system under capitalism.
Reminds me of the price drop on the Paula Dean cookware when she went on a racist rant
if this were accurate i would buy them out without hesitation lol
honestly id also gladly take the case of beer off your hands for 3 cents
morals are strong, but money is stronger, welcome to capitalism đ¤Łđ¤Ł
i'd have the most borderline christmas party lol
"i got 10 cases of sycamores and... there's the tap water"
And honestly buying these that are already on the shelf? It isnt supporting sycamore. Those have already been paid for.
Kinda no different than going to Chik fil a.
Rent free in
except they don't have 3 cent chicken
unless you've got one of those free chicken sandwich cards, those are the bomb
At Harris Teeter it was pulled off the shelf and is being held in the back until further notice.
can confirm iâve seen it sitting in a cart in backstock since the news lmao
Someone got a good deal on beer
Good deal on bad beer
No clue I donât donât drink, but I know thereâs some power drinkers out there that would love 3 cent beer deal.
There are power drinkers around the corner from every bar every place every town that will drink anything from a tap for anything youâll give themâŚ
So is it really a good deal if the good deal is for a bad product?
I would think some people might not be picky. Sometimes beer is beer.
Just put it in a coozie đ¤ˇ
fuck the owner bit sycamore made its money the second walmart bought this. buying it from walmart makes no difference. signed, someone who sells very different products to walmart
Itâs at least 3 cents good
Was going to say "good deal on meh beer from bad people" but realized it's one of their IPA's, so good deal on bad beer from bad people.
Yes everyone at that brewery is a bad, wicked, evil person. From the bartenders to the head brew master. /s
lets not forget, the customers. Woo Girls and Finance Bros. terrible all around.
https://preview.redd.it/ufhpl24r9g8g1.jpeg?width=3000&format=pjpg&auto=webp&s=22ef3c26d44933d54e78287bd75d5c92d50e19df
Well, someone in CLT is still selling them at full price.
Hope you complained to customer service.
I wondered if anyone had said anything to them, I didn't. Actually, they are already bought and paid for, so no more money is going to Sycamore. So Costco doesnt really have a reason to take a loss on them.
No worries, I took care of it for you last night
Ok Karen đ
Is it gone??
Damn. Ill drink the shit for 3 cents.
Knowing Walmart, the vendor always loses. So thereâs a good chance that Sycamore will have to eat a good portion of the lost costs on these products that theyâve had to effectively recall. Part of the vendor contract with working in Walmart is that they can discount when they feel itâs necessary and any losses are charged back to the supplier. So donât cry a tear for Walmart.
Not how it works, in NC all alcohol sales are final so once a distributor sells that product to Walmart they own it and canât require anything from the manufacturer or distributor. Sycamore is also shielded by the fact that they donât sell directly to Walmart, they sell to a distributor who in turn sells it to Walmart.
Was unaware of the difference in a case of alcohol sales to Walmart. I was talking about other goods that Iâve been dealing with in regards to how they treat those discounts.
I'm guessing they did this for accounting purposes to total up the amount of money lost on the inventory they had to fully pay for.
losses charged back to accounts payable and shredded in bankruptcy. But that's fine.
Who drinks that beer anyway? Pay me $3 and I might try it no donât trust that scummy place (Sucamore).
đđđŻ
I tried their beers. Wasn't impressed.
Based on this latest news, I hope the whole works is sold to a brewer that is growing. The people working there deserve to not suffer for this.
The Walmart Supercenter on Tryon still has regular priced Sycamore Mountain Candy .
I can't post a photo directly so I'll upload it to imgur laterđŤ
It appears to be the last one so who knows what happened...
https://imgur.com/a/HesCoFO
"beach candy" beer? that should be a crime in its own right.
Sycamore is cancelled AF đ
Sorry, but have you been living under a rock?
I don't live in NC... yet! just visiting today
Should have done what another place did. Discount the products & give 100% proceeds to an organization for abused children.Â
3 cents?! Less than the cost of minting a single penny
They probably didnât sell any for 3¢ more likely thatâs just the price they use in the system when theyâre writing off and destroying something, and the electronic tag updated even though the product was already pulled from the shelf.
That does not look like an electronic tag at all
Work for Foodlion. The manager poured out 3 buggies full of cases. I asked why we couldnât just give it away. He laughed.
I think thatâs a just one step before they return to vendor or discard. As you see, the product is already pulled from the shelf. Theyâll have a product they can actually sell there shortly.
My Walmart has a tiny beer section, one half of aisle 29, all in a cooler section. They donât want to waste that space with something that doesnât sell, or even worse something that could spark vandalism.
Wow! That seems petty.
Fluid is heavy and garbage collection is based off of weight in most areas, this is probably why they sold it so cheap.
Anybody think maybe this is a typo?
I see that golden monkey in the corner. My personal favorite
damn you know its bad when it's that much of a closeout. Though given what happened at Sycamore I don't blame them
I would have stocked up.
Still wouldnât buy it.
the presidents beer
Was the wife actually unaware of her husbands behavior? Because if so, this absolutely sucks for her.
Who knows, but untangling the two will be impossible. They will need a massive rebranding.
Nah they are done. Even a rebrand cannot save them.
It'll be bought by another brewery and changed completely, no doubt. It's a turn key brewery in Charlotte's most popular neighborhood.
That place is a nightmare of risk. The only conversation to be had for the first year of business is going to be from customers talking about how this "used to be the old Sycamore building". The second year it will come back when the trial hits the news cycle. Then again if probation comes up as an offering.
The landlord is going to need to subdivided that space.
Aware or not, her response was telling. How she expressed no sympathy for the victim and their family but talked about how painful the charges were for hers? Yeah she can go fuck herself.
Her use of âthe othersâ reeks of condescension. She deserved the initial backlash with that poorly written statement.
Based on their Christmas cookie cans over the past years (that I believe she designed?) I assume they were into come kinky stuff.
But there is a huge difference between being kinky with your spouse and soliciting teenagers online. I believe it is entirely possible she had no clue.
That's such a weird generalization and assumption.Sorry I totally read that too fast and missed an important piece. Thought this was equating the sweaters and can designs to being red flags. I've already posted earlier this week about how deviancy is not the same as being a predator.
They may not necessarily have been âinto kinky stuffâ but they were very apparently sex-positive. And there is nothing wrong with that. The people posting things like âthe signs were all there all along, look at the can designs!â are unfairly conflating any sexual deviancy, or sex-positivity, with horrendous criminal acts. This of course doesnât excuse the scumbag behavior, but being a kinky horndog doesnât always mean youâre also a scumbag, it just so happens this guy was both.
I honestly misunderstood the comment I replied to and appreciate your reply.
How are Christmas cookies kinky?
Oh you sweet summer child... /jk
The visual designs they put on the cans of Christmas Cookie beer ranged from kinky to raunchy.
Despite their bs story about selling their home to start the brewery, she comes from generational wealth. She'll be just fine from a financial standpoint.
I do feel for the employees who are now left with this shitty mess. Probably nervous about whether their jobs are safe and thinking about supporting their families
Agreed
I hope someone bought all the cases and tossed it in the trash where it belongs.
The beer didnât do anything
Sheesh. Way too expensive ngl.
It's insane they're selling them at all
Still wouldnât buy it
Thatâs .22lr target type prices!
Donât buy it
Are there any left or nah?
Re-brand. Wife only. I'd imagine the support for her and her alone will be strong, considering she's more of a victim than not here. Not belittling the underage girl, but the wife didn't want or deserve any of this.
Wish I was in the area now, I'd clean off the shelves. Love both Mountain Candy and Beach Candy. Great beers.
Walmart does some surprisingly moral and upstanding things from time to time.
Best approach I have seen to jettisoning Sycamore products is right here.
How much is the white zombie?
No matter how successful a person is, it will collapse with one mistake.
It wasnât a mistake. He made a conscious decision. He knew what he was doing was wrong & illegal. It was not a mistake.Â
Canât we donate this to needy food banks?
Food banks do not take beer.
You could open one and become a pioneer
you're a poet and didn't know it
Underrated comments
So glad !! Keep boycotting yall !
Wow
Innocent until proven guilty
I dont get it... eli5?
Edit: oh. Wtf? Thats crazy. Im sorry.
The owner of Sycamore broke into a house and raped a child.
The 40 year old co-founder of the brewery has been soliciting young looking women and apparently minors and was caught naked in a 13 year old's room having committed statutory rape, and apparently got in a fight with someone else that night and got additional assault charges.
What is the scandal and which Walmart do I get this,?
IF YOU DRINK THAT BEER YOU'RE ONE OF THE BAD PEOPLE!!