May 16, 2025 • 33 mins
ICYMI: Hour One of ‘Later, with Mo’Kelly’ Presents – Thoughts on the L.A. City Council supporting a $30 minimum for workers within the tourism industry AND the pushback California’s proposal to ban ‘coyote killing’ is receiving…PLUS – A national super market chain has been caught ‘price gouging’ AND former footwear retail giant ‘Footlocker’ may have found a new owner - on KFI AM 640…Live everywhere on the iHeartRadio app & YouTube @MrMoKelly
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:22):
It's later with Kelly.
Speaker 2 (00:24):
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(00:44):
the party. Is pop in in the YouTube chat. We
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have polls which we post for you to vote on,
and also it usually gives you a leg up when
we're get giving away prizes. And speaking of prizes, got
to let you know, so put this on your calendar
(01:04):
right now. Put it on your calendar. Next Tuesday, we're
going to be giving away tickets to Harry Potter and
the Cursed Child. A word, word to your mama, Harry
Potter and the Curse Child. And I say pairs, I'm
talking about multiple pairs at the Hollywood Pantag's Theater and
(01:27):
you get to pick the show. It's not for a
particular shows. You will get to pick the show. Now,
there will be some limitations and stipulations, but you'll get
to pick the show. In fact, it premieres at the
Hollywood Pantag's Theater tonight.
Speaker 1 (01:40):
Tonight is opening night.
Speaker 2 (01:42):
But we're gonna be giving way passes on Tuesday to
Harry Potter and The Cursed Child. That's Tuesday, and tonight
in the third hour, we're going to be giving way
passes to Comic Con Revolution, and we're gonna have an
in studio conversation with Drew Selden. You've heard him before,
now you get to see him here in studio tonight.
Comic Con Revolution tickets passes given away tonight in the
(02:05):
third hour.
Speaker 1 (02:06):
Too much good stuff.
Speaker 2 (02:07):
Oh, I got so much I'm going out of order
even Okay, I don't even know where to start. We
have Marsha Caryer, who's going to be in obviously at
the top of the second hour, giving us all the
latest and greatest regarding tech tips. And Chris Brown in
trouble again, arrested for assault and did you hear I
talked about it earlier this morning with Bill Handle. That's
how long my day is going. I got up with Bill,
(02:30):
did some talking with Bill, and we talked about how
Netflix is rebooting Star Search. That show from nineteen eighty
three in two thousand and three has been rebooted once
again on Netflix and it will be a live show
twice a week. We'll talk about that whether it still
has any cachet, any relevance in a world of reality
(02:52):
TV where they have five or six seven other different
talent shows that it will be competing against. But to
give away too much what I'm going to talk about.
If you're paying attention, you know that Netflix has been
slowly moving into the sports and now also into live entertainment.
They had the live i'll say, like comedy specials, but
(03:14):
it seems like they're gearing up to have a live
channel consistently.
Speaker 1 (03:20):
That's what it seems like.
Speaker 2 (03:21):
We'll talk about that at the end of the second hour.
But here's where I wanted to start tonight, and a
lot of the first hour is going to be about
the local Los Angeles, Southern California economy. And I hate
to say I tried to warn you, but this is
going to be one of those times. The Los Angeles
(03:42):
City Council voted yesterday to approve a sweeping package of
minimum wage increases for workers in the tourism industry. And
you know that's not going over real. Well, we talked
about this, but let me refresh your memory. This proposal
would require hotels with more than sixty rooms, as well
as companies doing business at LAX, to pay their workers
(04:06):
thirty dollars per hour by twenty twenty eight.
Speaker 1 (04:10):
Thirty dollars per hour by twenty twenty eight.
Speaker 2 (04:13):
That translates to a forty eight percent hike in the
minimum wage for hotel employees over three years. That's not
bad if you can get it. And airport workers would
see a fifty six percent increase. Well wait, there's more.
Hotels and airport businesses would be required to provide eight
(04:33):
dollars and thirty five cents per hour for their workers
healthcare by July twenty twenty six. And if you should
be one of the workers or some of the workers
who would benefit by this, then God bless you. But
here was the warning and admonition that I had for
those who were possibly looking at the world through primrose glasses,
(04:55):
at not seeing the force for the trees.
Speaker 1 (04:57):
Here's what I mean.
Speaker 2 (04:59):
Have you been into a hotel lately, and I'm not
talking about Valet, I'm talking about self park for the
most part, I would say more than seventy five percent
of them.
Speaker 1 (05:10):
For the most part, there is no actual attendant.
Speaker 3 (05:15):
Did you notice that it's almost it's automated where you
get your ticket and you have to pay before you
get back to your car usually, and if you don't
then there might be one person.
Speaker 2 (05:28):
You can push that button and they'll say can I
help you? But there's really nobody there. Why because technology
has replaced that person. How all this works together is
if you tell me, and let's say, for example, hypothetically
that I own a hotel, okay, call me black, Donald Trump,
call me Blonnald Trump, and I were to own a hotel,
(05:51):
and you're telling me that I have to pay all
my hotel workers thirty dollars an hour. Would it be
good business to do that? Or would it be better
business to find some way to remove those employees all together,
remove that expenditure all together. And I just used a
parking garage as one example. Have you seen a gift
shop lately? Have you seen any of those like those
(06:13):
convenience stores at hotels? Few and few employees and thos.
Why because there's a way that they can do that
in an automated sense. And if you're telling these businesses
thirty dollars an hour per employee, since you have a
hotel with more than sixty rooms, which is basically anything
bigger than a Best Western or a motel six, you're
(06:36):
going to see all these jobs disappear. Not some of them,
not most of them, all of them, with the exception
of maybe hospitality. They haven't quite gotten it down to
where they can clean the rooms without aid of actual
people to turn over a room.
Speaker 1 (06:53):
This is going to fundamentally change the hotel industry.
Speaker 2 (06:56):
Now you can say, well, let it be capitalism and
let them Mark can decide and let businesses compete against
one another. I'm telling you this is going to usher
in the end of a lot of these jobs. And
I'm not saying it because I'm trying to protect big business.
I'm saying this because I know big business is selfish
and they're all about money, making money and keeping money.
(07:18):
And if they can find something, not someone, but something
to do your job or do the job of someone,
and they can remove that one or two or twelve
people off their payroll, then damn it, they're going to
do it every single time because corporate America, if anything,
is predictable. Oh and by the way, and I pulled
(07:39):
a couple of stories about corporate America being predictable, just
for Mark Ronner, just for.
Speaker 4 (07:44):
You, moch it's your thoughtfulness that really touches me.
Speaker 2 (07:47):
Yes, at the bottom of the hour, we're going to
talk about corporate America being predictable. Kroger was found overcharging
customers who couldn't have seen that coming. How many times
have we talked about price gouging. How many times have
we talked about how Okay, Yeah, inflation has raised prices
to a certain point, but then there's also record profits
(08:10):
for these same entities, So it's not inflation that's pushing
up the prices.
Speaker 1 (08:14):
It's corporate greed.
Speaker 2 (08:16):
It's the fact that they have no concept of enough.
It always has to be more and more and more,
no matter how much they have cro give me.
Speaker 1 (08:25):
And that's okay.
Speaker 2 (08:25):
Kroger found overcharging customers the same day that Walmart raises
its prices, but it says it's due to the tariffs.
Speaker 1 (08:34):
Do I believe them? I'm not so sure.
Speaker 2 (08:37):
We'll talk about that more when we come back, when
we talk about killing coyotes, one of my favorite subjects.
Speaker 1 (08:41):
That's Later with mo Kelly.
Speaker 2 (08:42):
We're live on YouTube, We're live on Instagram and the
iHeartRadio app.
Speaker 5 (08:46):
You're listening to Later with mo Kelly on demand from
KFI AM six forty.
Speaker 1 (08:56):
It's Later with mo Kelly.
Speaker 2 (08:58):
Join us on the YouTube show at mister mon Kelly,
join us on Instagram Live at mister mo Kelly, or
you can continue to listen on the iHeartRadio app. There
is a new proposal from the California Department of Fish
and Wildlife aimed at curbing coyote killings. In other words,
they want to cut down on people who may want
(09:20):
to kill coyotes. And if you don't know, I've always
made it very clear I would rather kill a coyote
than risk a coyote possibly killing my dogs or harming
someone's child. I have coyotes in my neighborhood every single day.
They're on my security recorders. You see them around my
(09:43):
house in a nighttime, in a daytime. I have two
small dogs, but I have high enough fences they cannot
jump over.
Speaker 1 (09:49):
That's the only saving grace. Otherwise my dogs would be dead.
Speaker 2 (09:53):
Now my fear is they get real smart and figure
out another way into my backyard. And I've said many times, look,
if I see a coyote in the road, I'm going
to run them down. And I get all these messages
from you, no, no, no, no, that's inhumane. Why don't
you just catch and release? Why don't you do something
where they could trap them and take them to somewhere.
It's like where so they can kill someone else's dog.
(10:16):
I don't know what the answer is. And a lot
of people in my neighborhood, unfortunately, have been feeding the coyotes,
and they know, especially on trash days like Thursdays are
trash days. Thursday that means there's food day, so they're
out scavenging for food. They can smell the trash, and
they know people will feed them, so they're not intimidated
by people.
Speaker 1 (10:35):
But let me get back to the story.
Speaker 2 (10:37):
The proposed rule would ban the killing of coyotes unless
the coyote posed an immediate threat, in this case to livestock.
To livestock. Now, I don't have livestock, so I don't
know what I'm supposed to do. I guess I'm just
sol I'm not raising chickens in my backyard.
Speaker 1 (10:57):
Ra they invests in our livestock.
Speaker 2 (10:58):
No, they're not, Oh, because we're not going to eat them,
that's why.
Speaker 1 (11:03):
But the coyotes might. That's the problem. That's the qualifier.
Wherever I'm eating milk, well, that's what livestock is. Usually
it's you know, you're raising.
Speaker 2 (11:12):
It for the purpose of eating or you know, turning
them into handbags or something.
Speaker 1 (11:20):
Go ahead, stuff I was say.
Speaker 2 (11:21):
Also real quick, me and Taula have both seen coyotes
here hanging out, waiting on at the front, waiting at iHeart.
I've seen them running down Olive, you know, just running
around and that means there's a coyote den around here
because this is their area in which they're patrolling and
(11:43):
currently currently and it depends on where exactly you live,
depends on like La County versus other places. Currently, the
state law is coyotes can be killed at any time.
That's not exactly true depending on the county that you live,
because I've investigated La County. But this new rule in
a statewide sense would categorize them alongside bears and mountain lions,
(12:05):
requiring a depredation permit, meaning proof that a coyote posed
a verified threat.
Speaker 1 (12:14):
Do you have to.
Speaker 2 (12:15):
Wait until Look, we've seen enough coyote attacks. They're documented
that they killed pets, dogs and cats, small animals. They've
attacked small children routinely, consistently. Why is it I have
to wait for them to actually attack before I go
ahead and kill them.
Speaker 1 (12:35):
I was posing this to Tuala during a break.
Speaker 2 (12:37):
If you knew that someone or something was a veritable
threat to your child or some member of your family,
if you should just turn your back or allow some
sort of access to your child.
Speaker 4 (12:54):
It's like you don't believe in due process. I think
you need to actually catch and photograph the coyote with
a box of ACME products before you can do anything
to it.
Speaker 1 (13:03):
I got news to you.
Speaker 2 (13:04):
Due process, as far as the Constitution is concerned, only
applies to persons. What persons get out of here. Coyotes
they don't get due process. They get a bullet in
their head. That's what they get. Not even when they
paint us the tunnel on a cliff wall. Nope, come on, nope, nope.
And I'm not playing around. If I see him, I'm
(13:25):
gonna kill him. I'm gonna kill him dead. The mother
the dead, the brother dead, the whole family.
Speaker 4 (13:32):
Get I'm looking for a word that rhymes with schmosiopath.
Speaker 1 (13:36):
Don't.
Speaker 2 (13:39):
I cannot be the only one who that was outside.
He was, No, he would not be talking. If you
just see what would be on my security devices. No,
I show them to look. I would come in that
news booth and show you what's running around my house.
Speaker 4 (13:54):
We stay out of this book.
Speaker 6 (13:56):
We should be using these coyotes for pelts. Nice coyote,
pelt rug. Yeah, could dry our feet off when we
get out the shower. Yeah, soft gray coyote. So what
would you say, Mark, if your cat was outside and
I got eaten?
Speaker 4 (14:12):
But I don't let my cats out so well, First
of all, my cats are gone if a couple of
days ago, But they weren't outdoor cats, never have been.
You'd be insane to have outdoor cats when you know
there are coyotes around. Why would you blame the coyote
behavior that comes naturally to it. You can't control a coyote, No,
you can't, but you can control your own pets.
Speaker 1 (14:33):
Mark has never heard the blood. I guess you doesn't know.
Speaker 2 (14:36):
I don't know what happens eating that night.
Speaker 4 (14:39):
I hear it routinely in my neighborhood because I'm up
late at night that's when they're the most active.
Speaker 1 (14:45):
I hear it all the time. Then, how are you
fighting exactly? I'm so disappointed in you as a human names.
Speaker 4 (14:50):
I'm really shocked. Well, this is heartbreaking. What should I do?
Speaker 2 (14:54):
That's what I'm saying. I don't understand why you would not.
You don't have like empathy for them. I am not
a blow thirsty maniac. I think if I could just
offer a point of clarification, so if you had a
dog that was outside, I would keep close track of
the dog and not let it roam the neighborhood. Well,
that the neighborhood we're talk about in your back goes
in your backyard. It what's the difference between a coyote
(15:16):
and a thief jumping over your fence?
Speaker 1 (15:19):
Do I need to explain that to you?
Speaker 4 (15:20):
No?
Speaker 2 (15:20):
My point is, are you gonna blame the dog for
being in its own backyard as opposed to a thief
or coyote hopping over the fence.
Speaker 4 (15:30):
I think you should fortify your fence and supervise your animals.
Morris coyotes, this mother father right here, we needote sympathize.
Speaker 2 (15:43):
I never said it here.
Speaker 4 (15:48):
You never know when they're gonna have a pair of
rocket skates and then you're screwed. No, look, do you
have no idea exactly.
Speaker 1 (15:55):
Going in there?
Speaker 2 (15:56):
Get out of this news booth, out of here right
now now. No boundaries in this place, no boundaries whatsoever,
which is what a coyote doesn't know. In this case, moot,
this was my back. Wait a minute, you just proved it.
You just went against this point. No, I just proved
(16:16):
mine by mercifully not killing him for violating my yard.
And you also just proved his point because he doesn't
know by boundaries. I think he needs a face full
of bare spray. Okay, so you have it on hand, right, No,
I didn't think i'd need it here. But you know
lesson learned. You don't have to tell me something twice.
Speaker 1 (16:35):
Okay. So where's going to treat coyotes like humans?
Speaker 2 (16:38):
The next time the coyote comes into my yard, I'm
just going to have a conversation with it before I
kill it and let it know castle doctrine because it
should know better.
Speaker 1 (16:46):
Is that where we're going with this? Politely ask it
to leave. It might do so, okay, And if it doesn't,
can I kill it? Then?
Speaker 4 (16:53):
You mean, if it gets up on its hind legs
and stands up, you know you're stand up. You know
you're bigger than a coyote by a good deal.
Speaker 2 (17:01):
You're also bigger than a tiger. No you're not, Yes
you are, No, you're not. Okay, what about Mark, Mark
my dog? My dogs are not bigger than a coyote.
So it's different with them, correct, it is. But you
can't remove you from the equations. I can kill anything
that comes into my house. It sounds like you really
(17:21):
want to, Yes, I do. Okay, I'm clear. I want
you to get the help you need because I will
kill these coyotes. Most people don't have the degree of
bloodlust that you're displaying right now.
Speaker 1 (17:33):
Mo. Bloodlust, Yes, bloodlust. Kill them all. Kill coyotes and bees,
kill them all.
Speaker 2 (17:39):
Kill every single caws, kill them, every single one of DAWs.
Speaker 1 (17:43):
On the bees. We need the bees. We don't need
a single coyotes.
Speaker 2 (17:46):
Okay, they can kill all the bees that are in
around my house.
Speaker 1 (17:49):
I just has no empathy for other people, and I'm.
Speaker 4 (17:52):
Not the one who wants to killing.
Speaker 1 (17:54):
No empathy, But calls us the sociopaths exactly.
Speaker 2 (17:57):
Are there any other species you want to add to
your genocide?
Speaker 1 (18:03):
No? No, I think that's it. Are you sure?
Speaker 2 (18:05):
How about skunks? Let's kill skunks too. They don't serve
you real purpose?
Speaker 1 (18:09):
Are you rendering them redundant?
Speaker 2 (18:12):
I don't know about redundant? They can go okay. I mean,
what do skunks do other than spray people or or
or chase cats and try to woo them with their.
Speaker 4 (18:23):
Yes, they're massive sexual harassers and they don't deserve to exist.
Speaker 1 (18:28):
How did pepula pute ever get on TV? How? How man?
How did that get approved? Warner Brothers have no HR
department none.
Speaker 2 (18:38):
It's Later with mo Kelly. Mark Ron is still wrong.
We're live on YouTube, Instagram, and the iHeartRadio app.
Speaker 5 (18:43):
You're listening to Later with mo Kelly on demand from
KFI AM six forty KFI.
Speaker 1 (18:51):
It's Later with mo Kelly.
Speaker 2 (18:52):
We'll live on YouTube, We're live on Instagram, live everywhere
in the iHeartRadio app. A recent Consumer reports investigator should
found that more than half of the stores tested by
shoppers at Kroger had overcharged for sale items. The report
(19:13):
was published yesterday and alleges Kroger shoppers have been unknowingly
paying full price at checkout for items that were advertised
as discounted or on sale. Mark. I supposed it was
just just as a big misunderstanding. I have no reason
to believe that every single error made that happened to
(19:35):
go in the direction of the retailer was anything other
than just bad luck.
Speaker 4 (19:41):
I check my receipt every time I go to the Ralphs,
which is a Kroger store in my neighborhood, and I
almost never get out of there without having to go
back through the line and point out a mistake that
they've made in their own favor.
Speaker 1 (19:53):
It seems like it's always in their favor.
Speaker 2 (19:55):
I've never remember I don't remember going there and all
of a sudden, Oh, they just accidentally gave me six
dollars off.
Speaker 4 (20:02):
And they have a variety of excuses for it as well.
You have to get your coupons or coupons however you
pronounce it from the Ralphs app and those don't match
often what's on the shelf sticker. Also, there's a night
of the week I think it's Tuesday night where the
prices change at the main office on the East coast,
So if you go in there past a certain hour,
(20:23):
you can't count on anything being what you see on
the shelf. There's all sorts of things they can tell
you to rationalize being cheated on your bill. I don't
know if they can rationalize this. The investigation also found
that roughly one third of the sales tags were out
of date by at least ten days, some had passed
their expiration date months ago, and the report had shown
(20:47):
that the average overcharge was a dollar seventy per item.
That's a key point I make because the amount that
you're overcharged often isn't worth the time it's going to
take you to go back through the line and get
it fixed.
Speaker 1 (21:03):
And it adds up.
Speaker 2 (21:04):
Yes, but you're talking about millions of customers, millions over
the course of a year. You can see how that
dramatically impacts their bottom line.
Speaker 4 (21:14):
Oh, it's enough for them to buy a palace in
the sky airplane.
Speaker 2 (21:18):
But it's not just Kroger Slash Rouse Mark, I got
news for you, No, it includes Walmart and Vaughn's have
been also accused of similar overcharging issues. Albertson's agreed to
play pay four million dollars back in October to settle
a lawsuit because of selling items for more than its
lowest advertised price. And I mentioned Walmart because simultaneous to
(21:43):
that sentence in that story, there's the other story that
Walmart is raising its prices due to quote unquote tariff costs.
I say, quote unquote because I don't know if they
are being above board here. I don't know that. I
suspect that they're probably not. But that's just me being cynical.
Speaker 4 (22:03):
Are you trying to suggest that the massive company, the
nation's largest retailer, who pays its employees so little that
taxpayers have to fund their ability to live, that they
might not be completely on the up and up.
Speaker 2 (22:17):
Well that, and I'm also saying that I'm not so
sure I believe that this has anything to do with tariffs.
Speaker 1 (22:25):
I'm saying that they're using.
Speaker 2 (22:27):
That as an excuse to raise the prices on top
of possibly overcharging their customers.
Speaker 1 (22:34):
Per the other story, it.
Speaker 4 (22:35):
Could be both at once, because without sending the official
KFI forensic account into the Walmart corporate office, we know
that every single economist who appears to be able to
put two sentences together says that tariffs are really going
to wallop us sooner rather than later, right, So I
guess maybe.
Speaker 2 (22:51):
They're getting out in front of it and say, hey,
you know what, since we are overcharging you, and we
have a legitimate reason quote unquote to overcharge you even more,
we just go ahead and get to the overcharging you
and say that since the tariffs are coming, and they
are coming, and since we are not above board, we'll
just go ahead and overcharge you again.
Speaker 1 (23:10):
Right anyway.
Speaker 4 (23:10):
The other thing that I'm seeing the economists saying is
that there might be some legit people companies that have
to raise their price because of the tariffs, but the
rest are just going to pile on anyway because they can,
because that's what everybody else is doing. And so if
a few key businesses raise their prices, there go the
rest right along with them, whether they must do that
(23:32):
or not.
Speaker 2 (23:33):
And they're rising. Excuse me, they're raising their prices right
along their projections, which fell short. Walmart earned four point
four to five billion, or fifty six cents per share
in the quarter which ended April thirtieth, which is down
from five point one billion or sixty sixty three cents
per share. So in anticipation, they are raising their prices
(23:58):
because they didn't make as much money last quarter, which
says more about the real reason, as opposed to the
tariffs which have not hit this quarter.
Speaker 4 (24:08):
If you are a taxpayer, and I'm pretty sure I am,
you should be so pissed at the Walton family because
we're making up for that. You know, whatever amount of
pools or jets or Bentley's they own, that's coming out
of my pocket and yours.
Speaker 1 (24:23):
Yes it is.
Speaker 2 (24:25):
And we try to tell you this is what capitalism
really looks like. And I know, I know the cost
of eggs, cost of milk. It's really important to address that.
We need to make sure that we bring down these prices.
And I keep trying to tell you you're being gouged.
Speaker 1 (24:41):
It is artificial, it is greed.
Speaker 2 (24:44):
Again and again and again, but you don't want to
believe it.
Speaker 4 (24:49):
Nothing wrong with making a healthy profit. But the people
making the healthy profit don't have an off switch. No,
it's get as much as you can, no matter what
it does to anybody. It's later with mo Kelly.
Speaker 2 (25:01):
If I k if I am six forty, We're lived
everywhere in the iHeartRadio app, YouTube and Instagram. When we
come back, it's kind of sad news when I read
the Dick Sports Dick Sporting Goods is going to buy
foot locker.
Speaker 1 (25:13):
I'm kind of fond of foot locker.
Speaker 2 (25:15):
Now. It's kind of a little a little tear coming out
of my eye about foot locker being no more.
Speaker 1 (25:21):
Are you gonna go into your shoe room and weep?
Speaker 2 (25:24):
Yeah? Yeah, I probably would. I probably would. I I
would fond memories in foot locker. You got a shoe
room with the no my wife does not me next
to the girls at Hot talking and sick, the girls
that worked at Oh.
Speaker 1 (25:37):
How did you know I was going there?
Speaker 2 (25:39):
Yes, those verticals struck never mind, no, no, keep going,
keep going.
Speaker 1 (25:44):
We'll talk about it. You will talk about it next.
Speaker 5 (25:46):
You're listening to Later with Moe Kelly on demand from
KFI AM six forty.
Speaker 1 (25:54):
It's Later with Mo Kelly.
Speaker 2 (25:55):
We're live on YouTube, Instagram and the iHeartRadio app. When
I was late teens, early twenties, I worked in this
place called the Athlete's Foot.
Speaker 1 (26:04):
It was low class foot locker.
Speaker 2 (26:07):
It was like budget TIMU footlocker, the Athlete's Foot, and
I worked there because back in the day when you
worked in a athletic shoe store. You might meet some girls.
And I say girls because teenage years could have been girls,
young women, you know, No, hr. The point is, those
(26:28):
are the places to work. And I always wanted to
work at foot Locker. I really did, because the hottest
girls would go into foot Locker. That's the place where
everyone would buy their shoes. Back in the day. This
is before the Internet, this is before you could buy
your athletic shoes just about any department store in the
way that you can now.
Speaker 1 (26:49):
Footlocker was the place to be.
Speaker 2 (26:51):
In the malls of America in the late nineteen eighties
and the early nineteen nineties. So when I read the
Dicks Sporting Goods is going to buy foot Locker for
two point four billion dollars, it says to me it's
the end of an era. No, don't get me wrong.
I don't buy my shoes from foot Locker anymore. I
usually go to like the Nike outlet. I'm kind of
(27:14):
brand loyal when it comes to shoes. I'm Nike. They
fit my feet better than Adidas. But that's neither here
nor there. Dick's Sporting Goods is going to throw foot
Locker shareholders a lifeline with this two point four billion
dollar deal, and the company, Dick Sporting Goods, said that
expects to run foot Locker as a standalone unit and
(27:35):
keep the foot Locker brands. In other words, the company
will continue on as foot Locker, but there probably will
be other changes in this acquisition, maybe fewer locations, but
it's being said. Going back to our last segment, foot
Locker was struggling because of the tariffs. If we acknowledge
(27:57):
that most footwear and clothing purchased in this country are
imported predominantly from Asia, you could see how a business
like foot Locker would struggle to remain solvent.
Speaker 1 (28:10):
And this is something that I didn't know.
Speaker 2 (28:12):
Foot Lockers shareholder stock price dropped for more than forty
percent this year. It's amazing that they're still in business.
And I also think having nothing to do with the tariffs.
And Stephan, I want to get your thoughts about this
because you and I both loved mall culture, I think
that's fair to say, yes.
Speaker 1 (28:34):
Malls are all but extinct.
Speaker 2 (28:37):
Yeah, foot lockers by and large only existed in the
mall and since you have fewer malls, you would have
fewer successful foot locker locations.
Speaker 1 (28:50):
Now I'm not disputing.
Speaker 2 (28:52):
Actually, I'm not going to get into the argument of
whether the terraffs or what's causing this, but you'd have
to imagine that foot Locker as a brand had to
be on the decline because its success was largely predicated
on mall shoppers. I can't think of a standalone foot
locker anywhere I think I saw. You're not wrong, because
(29:16):
I think I saw maybe one in my entire lifetime
that was like in a strip, not a strip mall,
but like a kind of like a Dilomo but like
outside it was like its own fucking anchor. That was
like the only one. But yeah, every time I think
a footlocker, I think of the mall, and.
Speaker 1 (29:33):
Maybe it's limited.
Speaker 2 (29:34):
You know, I'm only going to Dilamo Mall. If and
when I ever go to Dilamo Mall, and and that
Dilomo mall, they had like three foot lockers. They had
two foot lockers and a lady foot foot locker junior,
right they own the mall.
Speaker 1 (29:49):
Oh yeah, but now it's like Dilama Mall is not
all that traffic, not much traffic.
Speaker 2 (29:55):
Kind of going back to your talk about how mall
was a place where before you go the club that
was like the club. Yes, I feel like foot Locker
was the place where you got the number and then
you'd meet up later at either the movie theater or
somewhere else.
Speaker 1 (30:11):
The mall was the free hang yep for kids. You
could hang out.
Speaker 2 (30:15):
You knew that the girls are gonna be there, girls
knew that the guys were going to be there. You could,
in theory, unless the police were going to hassle you
hang out there. And back of the day, we had
an arcade Aladdin's Castle in Dilamah.
Speaker 1 (30:29):
W Oh, that's right.
Speaker 2 (30:30):
We could go play arcade games. There was a place
for us to meet. That really doesn't exist anymore. I
don't know where kids kind of hang out to get
each other's number, whatever they do wherever they do it. Now,
I have no idea how they socialize. Oh serious, it
doesn't make any sense because they're always on their phones.
They don't know how to actually talk to someone. They
don't have a mac.
Speaker 1 (30:49):
That's what we said back in the day.
Speaker 2 (30:50):
I think now because I'm like the last part of
that generation is that uh, I think it's just snapchat
and Instagram. It's so weird to me. And then because
I'm even of the movies. The movies is like the
last thing that we had and now that's going away,
And the movies was the perfect first date, second day,
the easy way to take someone out. You could stay
out relatively late because the movies probably were late. Yeah,
(31:14):
those types of places for young people to meet and
hang out just don't exist anymore. But I think that's
part and parcel of why foot Locker and other what
I call mall brands have struggled mightily. Footlocker has about
twenty four hundred retail stores in twenty different countries in
North America, Europe, Asia, Australia, and New Zealand. I mentioned
(31:36):
that because when I went to Korea, there were a
bunch of standalone foot lockers, so they were more like
in outdoor malls, but they were big deals. And in Korea,
at least South Korea, they could not get enough of
American culture Visa v. Footlocker, the types of apparel, the
(31:57):
shoe styles, and rap music in the stores. Footlocker was
a big deal. Footlock was a big deal. Nike, they
had Nike stores, big deal. That part of Americana was
very popular in South Korea, is very popular in South Korea,
so I can understand how foot locker outside of the
United States is probably still doing well. But here in
(32:18):
the United States, yeah, I just don't see it. Look,
it's as far as I'm concerned, it's one step ahead
of radio shack. No, it is foot locker, the place
where the employees have to wear the referee shirts. Yes, yep, yes,
the vertical strips. And was that just a magnet for they?
(32:38):
How can I say this not too offensively? They were
very flattering on young ladies, I see, because they not
form fitting but close enough. And they wore almost the
same type of shorts that the hot Dog and the
Sick girls wore.
Speaker 1 (32:53):
Yeah.
Speaker 2 (32:53):
Then I don't know when they changed, but then they
made them start wearing the black pants pants. Yeah yeah,
until they did yep, good time. So they go from
nice fun shorts to black pants. You know, it's all
just politically correct bs. It's like Taliban, Come on, can't
look they did. Hot Dog on the Stick was very
(33:16):
ahead of its time, very ahead of its time, and
they knew what they were doing with those short shorts.
Speaker 1 (33:21):
Don't tell me they didn't. And the lemonades, the eliminade,
and they.
Speaker 2 (33:25):
Had to the pump the lemonade, that the squashed lemonade.
We can't have nice things anymore, No we can't, No
we can't. I tell you this political correctness just gone
too far.
Speaker 1 (33:34):
That's what it is, can't. I am six forty We're
live everywhere in iHeartRadio app. Ignorance is bliss. We have
zero bliss, completely blissless.
Speaker 2 (33:45):
K s iks HD two Los Angeles, Orange County, live
everywhere on the radio app
It's later with Kelly.
Speaker 2 (00:24):
We're live on YouTube, we're live on Instagram, and we're
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Subscribe so you can get all the videos from previous shows.
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(00:44):
the party. Is pop in in the YouTube chat. We
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who talk about anything and everything under the sun. We
have polls which we post for you to vote on,
and also it usually gives you a leg up when
we're get giving away prizes. And speaking of prizes, got
to let you know, so put this on your calendar
(01:04):
right now. Put it on your calendar. Next Tuesday, we're
going to be giving away tickets to Harry Potter and
the Cursed Child. A word, word to your mama, Harry
Potter and the Curse Child. And I say pairs, I'm
talking about multiple pairs at the Hollywood Pantag's Theater and
(01:27):
you get to pick the show. It's not for a
particular shows. You will get to pick the show. Now,
there will be some limitations and stipulations, but you'll get
to pick the show. In fact, it premieres at the
Hollywood Pantag's Theater tonight.
Speaker 1 (01:40):
Tonight is opening night.
Speaker 2 (01:42):
But we're gonna be giving way passes on Tuesday to
Harry Potter and The Cursed Child. That's Tuesday, and tonight
in the third hour, we're going to be giving way
passes to Comic Con Revolution, and we're gonna have an
in studio conversation with Drew Selden. You've heard him before,
now you get to see him here in studio tonight.
Comic Con Revolution tickets passes given away tonight in the
(02:05):
third hour.
Speaker 1 (02:06):
Too much good stuff.
Speaker 2 (02:07):
Oh, I got so much I'm going out of order
even Okay, I don't even know where to start. We
have Marsha Caryer, who's going to be in obviously at
the top of the second hour, giving us all the
latest and greatest regarding tech tips. And Chris Brown in
trouble again, arrested for assault and did you hear I
talked about it earlier this morning with Bill Handle. That's
how long my day is going. I got up with Bill,
(02:30):
did some talking with Bill, and we talked about how
Netflix is rebooting Star Search. That show from nineteen eighty
three in two thousand and three has been rebooted once
again on Netflix and it will be a live show
twice a week. We'll talk about that whether it still
has any cachet, any relevance in a world of reality
(02:52):
TV where they have five or six seven other different
talent shows that it will be competing against. But to
give away too much what I'm going to talk about.
If you're paying attention, you know that Netflix has been
slowly moving into the sports and now also into live entertainment.
They had the live i'll say, like comedy specials, but
(03:14):
it seems like they're gearing up to have a live
channel consistently.
Speaker 1 (03:20):
That's what it seems like.
Speaker 2 (03:21):
We'll talk about that at the end of the second hour.
But here's where I wanted to start tonight, and a
lot of the first hour is going to be about
the local Los Angeles, Southern California economy. And I hate
to say I tried to warn you, but this is
going to be one of those times. The Los Angeles
(03:42):
City Council voted yesterday to approve a sweeping package of
minimum wage increases for workers in the tourism industry. And
you know that's not going over real. Well, we talked
about this, but let me refresh your memory. This proposal
would require hotels with more than sixty rooms, as well
as companies doing business at LAX, to pay their workers
(04:06):
thirty dollars per hour by twenty twenty eight.
Speaker 1 (04:10):
Thirty dollars per hour by twenty twenty eight.
Speaker 2 (04:13):
That translates to a forty eight percent hike in the
minimum wage for hotel employees over three years. That's not
bad if you can get it. And airport workers would
see a fifty six percent increase. Well wait, there's more.
Hotels and airport businesses would be required to provide eight
(04:33):
dollars and thirty five cents per hour for their workers
healthcare by July twenty twenty six. And if you should
be one of the workers or some of the workers
who would benefit by this, then God bless you. But
here was the warning and admonition that I had for
those who were possibly looking at the world through primrose glasses,
(04:55):
at not seeing the force for the trees.
Speaker 1 (04:57):
Here's what I mean.
Speaker 2 (04:59):
Have you been into a hotel lately, and I'm not
talking about Valet, I'm talking about self park for the
most part, I would say more than seventy five percent
of them.
Speaker 1 (05:10):
For the most part, there is no actual attendant.
Speaker 3 (05:15):
Did you notice that it's almost it's automated where you
get your ticket and you have to pay before you
get back to your car usually, and if you don't
then there might be one person.
Speaker 2 (05:28):
You can push that button and they'll say can I
help you? But there's really nobody there. Why because technology
has replaced that person. How all this works together is
if you tell me, and let's say, for example, hypothetically
that I own a hotel, okay, call me black, Donald Trump,
call me Blonnald Trump, and I were to own a hotel,
(05:51):
and you're telling me that I have to pay all
my hotel workers thirty dollars an hour. Would it be
good business to do that? Or would it be better
business to find some way to remove those employees all together,
remove that expenditure all together. And I just used a
parking garage as one example. Have you seen a gift
shop lately? Have you seen any of those like those
(06:13):
convenience stores at hotels? Few and few employees and thos.
Why because there's a way that they can do that
in an automated sense. And if you're telling these businesses
thirty dollars an hour per employee, since you have a
hotel with more than sixty rooms, which is basically anything
bigger than a Best Western or a motel six, you're
(06:36):
going to see all these jobs disappear. Not some of them,
not most of them, all of them, with the exception
of maybe hospitality. They haven't quite gotten it down to
where they can clean the rooms without aid of actual
people to turn over a room.
Speaker 1 (06:53):
This is going to fundamentally change the hotel industry.
Speaker 2 (06:56):
Now you can say, well, let it be capitalism and
let them Mark can decide and let businesses compete against
one another. I'm telling you this is going to usher
in the end of a lot of these jobs. And
I'm not saying it because I'm trying to protect big business.
I'm saying this because I know big business is selfish
and they're all about money, making money and keeping money.
(07:18):
And if they can find something, not someone, but something
to do your job or do the job of someone,
and they can remove that one or two or twelve
people off their payroll, then damn it, they're going to
do it every single time because corporate America, if anything,
is predictable. Oh and by the way, and I pulled
(07:39):
a couple of stories about corporate America being predictable, just
for Mark Ronner, just for.
Speaker 4 (07:44):
You, moch it's your thoughtfulness that really touches me.
Speaker 2 (07:47):
Yes, at the bottom of the hour, we're going to
talk about corporate America being predictable. Kroger was found overcharging
customers who couldn't have seen that coming. How many times
have we talked about price gouging. How many times have
we talked about how Okay, Yeah, inflation has raised prices
to a certain point, but then there's also record profits
(08:10):
for these same entities, So it's not inflation that's pushing
up the prices.
Speaker 1 (08:14):
It's corporate greed.
Speaker 2 (08:16):
It's the fact that they have no concept of enough.
It always has to be more and more and more,
no matter how much they have cro give me.
Speaker 1 (08:25):
And that's okay.
Speaker 2 (08:25):
Kroger found overcharging customers the same day that Walmart raises
its prices, but it says it's due to the tariffs.
Speaker 1 (08:34):
Do I believe them? I'm not so sure.
Speaker 2 (08:37):
We'll talk about that more when we come back, when
we talk about killing coyotes, one of my favorite subjects.
Speaker 1 (08:41):
That's Later with mo Kelly.
Speaker 2 (08:42):
We're live on YouTube, We're live on Instagram and the
iHeartRadio app.
Speaker 5 (08:46):
You're listening to Later with mo Kelly on demand from
KFI AM six forty.
Speaker 1 (08:56):
It's Later with mo Kelly.
Speaker 2 (08:58):
Join us on the YouTube show at mister mon Kelly,
join us on Instagram Live at mister mo Kelly, or
you can continue to listen on the iHeartRadio app. There
is a new proposal from the California Department of Fish
and Wildlife aimed at curbing coyote killings. In other words,
they want to cut down on people who may want
(09:20):
to kill coyotes. And if you don't know, I've always
made it very clear I would rather kill a coyote
than risk a coyote possibly killing my dogs or harming
someone's child. I have coyotes in my neighborhood every single day.
They're on my security recorders. You see them around my
(09:43):
house in a nighttime, in a daytime. I have two
small dogs, but I have high enough fences they cannot
jump over.
Speaker 1 (09:49):
That's the only saving grace. Otherwise my dogs would be dead.
Speaker 2 (09:53):
Now my fear is they get real smart and figure
out another way into my backyard. And I've said many times, look,
if I see a coyote in the road, I'm going
to run them down. And I get all these messages
from you, no, no, no, no, that's inhumane. Why don't
you just catch and release? Why don't you do something
where they could trap them and take them to somewhere.
It's like where so they can kill someone else's dog.
(10:16):
I don't know what the answer is. And a lot
of people in my neighborhood, unfortunately, have been feeding the coyotes,
and they know, especially on trash days like Thursdays are
trash days. Thursday that means there's food day, so they're
out scavenging for food. They can smell the trash, and
they know people will feed them, so they're not intimidated
by people.
Speaker 1 (10:35):
But let me get back to the story.
Speaker 2 (10:37):
The proposed rule would ban the killing of coyotes unless
the coyote posed an immediate threat, in this case to livestock.
To livestock. Now, I don't have livestock, so I don't
know what I'm supposed to do. I guess I'm just
sol I'm not raising chickens in my backyard.
Speaker 1 (10:57):
Ra they invests in our livestock.
Speaker 2 (10:58):
No, they're not, Oh, because we're not going to eat them,
that's why.
Speaker 1 (11:03):
But the coyotes might. That's the problem. That's the qualifier.
Wherever I'm eating milk, well, that's what livestock is. Usually
it's you know, you're raising.
Speaker 2 (11:12):
It for the purpose of eating or you know, turning
them into handbags or something.
Speaker 1 (11:20):
Go ahead, stuff I was say.
Speaker 2 (11:21):
Also real quick, me and Taula have both seen coyotes
here hanging out, waiting on at the front, waiting at iHeart.
I've seen them running down Olive, you know, just running
around and that means there's a coyote den around here
because this is their area in which they're patrolling and
(11:43):
currently currently and it depends on where exactly you live,
depends on like La County versus other places. Currently, the
state law is coyotes can be killed at any time.
That's not exactly true depending on the county that you live,
because I've investigated La County. But this new rule in
a statewide sense would categorize them alongside bears and mountain lions,
(12:05):
requiring a depredation permit, meaning proof that a coyote posed
a verified threat.
Speaker 1 (12:14):
Do you have to.
Speaker 2 (12:15):
Wait until Look, we've seen enough coyote attacks. They're documented
that they killed pets, dogs and cats, small animals. They've
attacked small children routinely, consistently. Why is it I have
to wait for them to actually attack before I go
ahead and kill them.
Speaker 1 (12:35):
I was posing this to Tuala during a break.
Speaker 2 (12:37):
If you knew that someone or something was a veritable
threat to your child or some member of your family,
if you should just turn your back or allow some
sort of access to your child.
Speaker 4 (12:54):
It's like you don't believe in due process. I think
you need to actually catch and photograph the coyote with
a box of ACME products before you can do anything
to it.
Speaker 1 (13:03):
I got news to you.
Speaker 2 (13:04):
Due process, as far as the Constitution is concerned, only
applies to persons. What persons get out of here. Coyotes
they don't get due process. They get a bullet in
their head. That's what they get. Not even when they
paint us the tunnel on a cliff wall. Nope, come on, nope, nope.
And I'm not playing around. If I see him, I'm
(13:25):
gonna kill him. I'm gonna kill him dead. The mother
the dead, the brother dead, the whole family.
Speaker 4 (13:32):
Get I'm looking for a word that rhymes with schmosiopath.
Speaker 1 (13:36):
Don't.
Speaker 2 (13:39):
I cannot be the only one who that was outside.
He was, No, he would not be talking. If you
just see what would be on my security devices. No,
I show them to look. I would come in that
news booth and show you what's running around my house.
Speaker 4 (13:54):
We stay out of this book.
Speaker 6 (13:56):
We should be using these coyotes for pelts. Nice coyote,
pelt rug. Yeah, could dry our feet off when we
get out the shower. Yeah, soft gray coyote. So what
would you say, Mark, if your cat was outside and
I got eaten?
Speaker 4 (14:12):
But I don't let my cats out so well, First
of all, my cats are gone if a couple of
days ago, But they weren't outdoor cats, never have been.
You'd be insane to have outdoor cats when you know
there are coyotes around. Why would you blame the coyote
behavior that comes naturally to it. You can't control a coyote, No,
you can't, but you can control your own pets.
Speaker 1 (14:33):
Mark has never heard the blood. I guess you doesn't know.
Speaker 2 (14:36):
I don't know what happens eating that night.
Speaker 4 (14:39):
I hear it routinely in my neighborhood because I'm up
late at night that's when they're the most active.
Speaker 1 (14:45):
I hear it all the time. Then, how are you
fighting exactly? I'm so disappointed in you as a human names.
Speaker 4 (14:50):
I'm really shocked. Well, this is heartbreaking. What should I do?
Speaker 2 (14:54):
That's what I'm saying. I don't understand why you would not.
You don't have like empathy for them. I am not
a blow thirsty maniac. I think if I could just
offer a point of clarification, so if you had a
dog that was outside, I would keep close track of
the dog and not let it roam the neighborhood. Well,
that the neighborhood we're talk about in your back goes
in your backyard. It what's the difference between a coyote
(15:16):
and a thief jumping over your fence?
Speaker 1 (15:19):
Do I need to explain that to you?
Speaker 4 (15:20):
No?
Speaker 2 (15:20):
My point is, are you gonna blame the dog for
being in its own backyard as opposed to a thief
or coyote hopping over the fence.
Speaker 4 (15:30):
I think you should fortify your fence and supervise your animals.
Morris coyotes, this mother father right here, we needote sympathize.
Speaker 2 (15:43):
I never said it here.
Speaker 4 (15:48):
You never know when they're gonna have a pair of
rocket skates and then you're screwed. No, look, do you
have no idea exactly.
Speaker 1 (15:55):
Going in there?
Speaker 2 (15:56):
Get out of this news booth, out of here right
now now. No boundaries in this place, no boundaries whatsoever,
which is what a coyote doesn't know. In this case, moot,
this was my back. Wait a minute, you just proved it.
You just went against this point. No, I just proved
(16:16):
mine by mercifully not killing him for violating my yard.
And you also just proved his point because he doesn't
know by boundaries. I think he needs a face full
of bare spray. Okay, so you have it on hand, right, No,
I didn't think i'd need it here. But you know
lesson learned. You don't have to tell me something twice.
Speaker 1 (16:35):
Okay. So where's going to treat coyotes like humans?
Speaker 2 (16:38):
The next time the coyote comes into my yard, I'm
just going to have a conversation with it before I
kill it and let it know castle doctrine because it
should know better.
Speaker 1 (16:46):
Is that where we're going with this? Politely ask it
to leave. It might do so, okay, And if it doesn't,
can I kill it? Then?
Speaker 4 (16:53):
You mean, if it gets up on its hind legs
and stands up, you know you're stand up. You know
you're bigger than a coyote by a good deal.
Speaker 2 (17:01):
You're also bigger than a tiger. No you're not, Yes
you are, No, you're not. Okay, what about Mark, Mark
my dog? My dogs are not bigger than a coyote.
So it's different with them, correct, it is. But you
can't remove you from the equations. I can kill anything
that comes into my house. It sounds like you really
(17:21):
want to, Yes, I do. Okay, I'm clear. I want
you to get the help you need because I will
kill these coyotes. Most people don't have the degree of
bloodlust that you're displaying right now.
Speaker 1 (17:33):
Mo. Bloodlust, Yes, bloodlust. Kill them all. Kill coyotes and bees,
kill them all.
Speaker 2 (17:39):
Kill every single caws, kill them, every single one of DAWs.
Speaker 1 (17:43):
On the bees. We need the bees. We don't need
a single coyotes.
Speaker 2 (17:46):
Okay, they can kill all the bees that are in
around my house.
Speaker 1 (17:49):
I just has no empathy for other people, and I'm.
Speaker 4 (17:52):
Not the one who wants to killing.
Speaker 1 (17:54):
No empathy, But calls us the sociopaths exactly.
Speaker 2 (17:57):
Are there any other species you want to add to
your genocide?
Speaker 1 (18:03):
No? No, I think that's it. Are you sure?
Speaker 2 (18:05):
How about skunks? Let's kill skunks too. They don't serve
you real purpose?
Speaker 1 (18:09):
Are you rendering them redundant?
Speaker 2 (18:12):
I don't know about redundant? They can go okay. I mean,
what do skunks do other than spray people or or
or chase cats and try to woo them with their.
Speaker 4 (18:23):
Yes, they're massive sexual harassers and they don't deserve to exist.
Speaker 1 (18:28):
How did pepula pute ever get on TV? How? How man?
How did that get approved? Warner Brothers have no HR
department none.
Speaker 2 (18:38):
It's Later with mo Kelly. Mark Ron is still wrong.
We're live on YouTube, Instagram, and the iHeartRadio app.
Speaker 5 (18:43):
You're listening to Later with mo Kelly on demand from
KFI AM six forty KFI.
Speaker 1 (18:51):
It's Later with mo Kelly.
Speaker 2 (18:52):
We'll live on YouTube, We're live on Instagram, live everywhere
in the iHeartRadio app. A recent Consumer reports investigator should
found that more than half of the stores tested by
shoppers at Kroger had overcharged for sale items. The report
(19:13):
was published yesterday and alleges Kroger shoppers have been unknowingly
paying full price at checkout for items that were advertised
as discounted or on sale. Mark. I supposed it was
just just as a big misunderstanding. I have no reason
to believe that every single error made that happened to
(19:35):
go in the direction of the retailer was anything other
than just bad luck.
Speaker 4 (19:41):
I check my receipt every time I go to the Ralphs,
which is a Kroger store in my neighborhood, and I
almost never get out of there without having to go
back through the line and point out a mistake that
they've made in their own favor.
Speaker 1 (19:53):
It seems like it's always in their favor.
Speaker 2 (19:55):
I've never remember I don't remember going there and all
of a sudden, Oh, they just accidentally gave me six
dollars off.
Speaker 4 (20:02):
And they have a variety of excuses for it as well.
You have to get your coupons or coupons however you
pronounce it from the Ralphs app and those don't match
often what's on the shelf sticker. Also, there's a night
of the week I think it's Tuesday night where the
prices change at the main office on the East coast,
So if you go in there past a certain hour,
(20:23):
you can't count on anything being what you see on
the shelf. There's all sorts of things they can tell
you to rationalize being cheated on your bill. I don't
know if they can rationalize this. The investigation also found
that roughly one third of the sales tags were out
of date by at least ten days, some had passed
their expiration date months ago, and the report had shown
(20:47):
that the average overcharge was a dollar seventy per item.
That's a key point I make because the amount that
you're overcharged often isn't worth the time it's going to
take you to go back through the line and get
it fixed.
Speaker 1 (21:03):
And it adds up.
Speaker 2 (21:04):
Yes, but you're talking about millions of customers, millions over
the course of a year. You can see how that
dramatically impacts their bottom line.
Speaker 4 (21:14):
Oh, it's enough for them to buy a palace in
the sky airplane.
Speaker 2 (21:18):
But it's not just Kroger Slash Rouse Mark, I got
news for you, No, it includes Walmart and Vaughn's have
been also accused of similar overcharging issues. Albertson's agreed to
play pay four million dollars back in October to settle
a lawsuit because of selling items for more than its
lowest advertised price. And I mentioned Walmart because simultaneous to
(21:43):
that sentence in that story, there's the other story that
Walmart is raising its prices due to quote unquote tariff costs.
I say, quote unquote because I don't know if they
are being above board here. I don't know that. I
suspect that they're probably not. But that's just me being cynical.
Speaker 4 (22:03):
Are you trying to suggest that the massive company, the
nation's largest retailer, who pays its employees so little that
taxpayers have to fund their ability to live, that they
might not be completely on the up and up.
Speaker 2 (22:17):
Well that, and I'm also saying that I'm not so
sure I believe that this has anything to do with tariffs.
Speaker 1 (22:25):
I'm saying that they're using.
Speaker 2 (22:27):
That as an excuse to raise the prices on top
of possibly overcharging their customers.
Speaker 1 (22:34):
Per the other story, it.
Speaker 4 (22:35):
Could be both at once, because without sending the official
KFI forensic account into the Walmart corporate office, we know
that every single economist who appears to be able to
put two sentences together says that tariffs are really going
to wallop us sooner rather than later, right, So I
guess maybe.
Speaker 2 (22:51):
They're getting out in front of it and say, hey,
you know what, since we are overcharging you, and we
have a legitimate reason quote unquote to overcharge you even more,
we just go ahead and get to the overcharging you
and say that since the tariffs are coming, and they
are coming, and since we are not above board, we'll
just go ahead and overcharge you again.
Speaker 1 (23:10):
Right anyway.
Speaker 4 (23:10):
The other thing that I'm seeing the economists saying is
that there might be some legit people companies that have
to raise their price because of the tariffs, but the
rest are just going to pile on anyway because they can,
because that's what everybody else is doing. And so if
a few key businesses raise their prices, there go the
rest right along with them, whether they must do that
(23:32):
or not.
Speaker 2 (23:33):
And they're rising. Excuse me, they're raising their prices right
along their projections, which fell short. Walmart earned four point
four to five billion, or fifty six cents per share
in the quarter which ended April thirtieth, which is down
from five point one billion or sixty sixty three cents
per share. So in anticipation, they are raising their prices
(23:58):
because they didn't make as much money last quarter, which
says more about the real reason, as opposed to the
tariffs which have not hit this quarter.
Speaker 4 (24:08):
If you are a taxpayer, and I'm pretty sure I am,
you should be so pissed at the Walton family because
we're making up for that. You know, whatever amount of
pools or jets or Bentley's they own, that's coming out
of my pocket and yours.
Speaker 1 (24:23):
Yes it is.
Speaker 2 (24:25):
And we try to tell you this is what capitalism
really looks like. And I know, I know the cost
of eggs, cost of milk. It's really important to address that.
We need to make sure that we bring down these prices.
And I keep trying to tell you you're being gouged.
Speaker 1 (24:41):
It is artificial, it is greed.
Speaker 2 (24:44):
Again and again and again, but you don't want to
believe it.
Speaker 4 (24:49):
Nothing wrong with making a healthy profit. But the people
making the healthy profit don't have an off switch. No,
it's get as much as you can, no matter what
it does to anybody. It's later with mo Kelly.
Speaker 2 (25:01):
If I k if I am six forty, We're lived
everywhere in the iHeartRadio app, YouTube and Instagram. When we
come back, it's kind of sad news when I read
the Dick Sports Dick Sporting Goods is going to buy
foot locker.
Speaker 1 (25:13):
I'm kind of fond of foot locker.
Speaker 2 (25:15):
Now. It's kind of a little a little tear coming out
of my eye about foot locker being no more.
Speaker 1 (25:21):
Are you gonna go into your shoe room and weep?
Speaker 2 (25:24):
Yeah? Yeah, I probably would. I probably would. I I
would fond memories in foot locker. You got a shoe
room with the no my wife does not me next
to the girls at Hot talking and sick, the girls
that worked at Oh.
Speaker 1 (25:37):
How did you know I was going there?
Speaker 2 (25:39):
Yes, those verticals struck never mind, no, no, keep going,
keep going.
Speaker 1 (25:44):
We'll talk about it. You will talk about it next.
Speaker 5 (25:46):
You're listening to Later with Moe Kelly on demand from
KFI AM six forty.
Speaker 1 (25:54):
It's Later with Mo Kelly.
Speaker 2 (25:55):
We're live on YouTube, Instagram and the iHeartRadio app. When
I was late teens, early twenties, I worked in this
place called the Athlete's Foot.
Speaker 1 (26:04):
It was low class foot locker.
Speaker 2 (26:07):
It was like budget TIMU footlocker, the Athlete's Foot, and
I worked there because back in the day when you
worked in a athletic shoe store. You might meet some girls.
And I say girls because teenage years could have been girls,
young women, you know, No, hr. The point is, those
(26:28):
are the places to work. And I always wanted to
work at foot Locker. I really did, because the hottest
girls would go into foot Locker. That's the place where
everyone would buy their shoes. Back in the day. This
is before the Internet, this is before you could buy
your athletic shoes just about any department store in the
way that you can now.
Speaker 1 (26:49):
Footlocker was the place to be.
Speaker 2 (26:51):
In the malls of America in the late nineteen eighties
and the early nineteen nineties. So when I read the
Dicks Sporting Goods is going to buy foot Locker for
two point four billion dollars, it says to me it's
the end of an era. No, don't get me wrong.
I don't buy my shoes from foot Locker anymore. I
usually go to like the Nike outlet. I'm kind of
(27:14):
brand loyal when it comes to shoes. I'm Nike. They
fit my feet better than Adidas. But that's neither here
nor there. Dick's Sporting Goods is going to throw foot
Locker shareholders a lifeline with this two point four billion
dollar deal, and the company, Dick Sporting Goods, said that
expects to run foot Locker as a standalone unit and
(27:35):
keep the foot Locker brands. In other words, the company
will continue on as foot Locker, but there probably will
be other changes in this acquisition, maybe fewer locations, but
it's being said. Going back to our last segment, foot
Locker was struggling because of the tariffs. If we acknowledge
(27:57):
that most footwear and clothing purchased in this country are
imported predominantly from Asia, you could see how a business
like foot Locker would struggle to remain solvent.
Speaker 1 (28:10):
And this is something that I didn't know.
Speaker 2 (28:12):
Foot Lockers shareholder stock price dropped for more than forty
percent this year. It's amazing that they're still in business.
And I also think having nothing to do with the tariffs.
And Stephan, I want to get your thoughts about this
because you and I both loved mall culture, I think
that's fair to say, yes.
Speaker 1 (28:34):
Malls are all but extinct.
Speaker 2 (28:37):
Yeah, foot lockers by and large only existed in the
mall and since you have fewer malls, you would have
fewer successful foot locker locations.
Speaker 1 (28:50):
Now I'm not disputing.
Speaker 2 (28:52):
Actually, I'm not going to get into the argument of
whether the terraffs or what's causing this, but you'd have
to imagine that foot Locker as a brand had to
be on the decline because its success was largely predicated
on mall shoppers. I can't think of a standalone foot
locker anywhere I think I saw. You're not wrong, because
(29:16):
I think I saw maybe one in my entire lifetime
that was like in a strip, not a strip mall,
but like a kind of like a Dilomo but like
outside it was like its own fucking anchor. That was
like the only one. But yeah, every time I think
a footlocker, I think of the mall, and.
Speaker 1 (29:33):
Maybe it's limited.
Speaker 2 (29:34):
You know, I'm only going to Dilamo Mall. If and
when I ever go to Dilamo Mall, and and that
Dilomo mall, they had like three foot lockers. They had
two foot lockers and a lady foot foot locker junior,
right they own the mall.
Speaker 1 (29:49):
Oh yeah, but now it's like Dilama Mall is not
all that traffic, not much traffic.
Speaker 2 (29:55):
Kind of going back to your talk about how mall
was a place where before you go the club that
was like the club. Yes, I feel like foot Locker
was the place where you got the number and then
you'd meet up later at either the movie theater or
somewhere else.
Speaker 1 (30:11):
The mall was the free hang yep for kids. You
could hang out.
Speaker 2 (30:15):
You knew that the girls are gonna be there, girls
knew that the guys were going to be there. You could,
in theory, unless the police were going to hassle you
hang out there. And back of the day, we had
an arcade Aladdin's Castle in Dilamah.
Speaker 1 (30:29):
W Oh, that's right.
Speaker 2 (30:30):
We could go play arcade games. There was a place
for us to meet. That really doesn't exist anymore. I
don't know where kids kind of hang out to get
each other's number, whatever they do wherever they do it. Now,
I have no idea how they socialize. Oh serious, it
doesn't make any sense because they're always on their phones.
They don't know how to actually talk to someone. They
don't have a mac.
Speaker 1 (30:49):
That's what we said back in the day.
Speaker 2 (30:50):
I think now because I'm like the last part of
that generation is that uh, I think it's just snapchat
and Instagram. It's so weird to me. And then because
I'm even of the movies. The movies is like the
last thing that we had and now that's going away,
And the movies was the perfect first date, second day,
the easy way to take someone out. You could stay
out relatively late because the movies probably were late. Yeah,
(31:14):
those types of places for young people to meet and
hang out just don't exist anymore. But I think that's
part and parcel of why foot Locker and other what
I call mall brands have struggled mightily. Footlocker has about
twenty four hundred retail stores in twenty different countries in
North America, Europe, Asia, Australia, and New Zealand. I mentioned
(31:36):
that because when I went to Korea, there were a
bunch of standalone foot lockers, so they were more like
in outdoor malls, but they were big deals. And in Korea,
at least South Korea, they could not get enough of
American culture Visa v. Footlocker, the types of apparel, the
(31:57):
shoe styles, and rap music in the stores. Footlocker was
a big deal. Footlock was a big deal. Nike, they
had Nike stores, big deal. That part of Americana was
very popular in South Korea, is very popular in South Korea,
so I can understand how foot locker outside of the
United States is probably still doing well. But here in
(32:18):
the United States, yeah, I just don't see it. Look,
it's as far as I'm concerned, it's one step ahead
of radio shack. No, it is foot locker, the place
where the employees have to wear the referee shirts. Yes, yep, yes,
the vertical strips. And was that just a magnet for they?
(32:38):
How can I say this not too offensively? They were
very flattering on young ladies, I see, because they not
form fitting but close enough. And they wore almost the
same type of shorts that the hot Dog and the
Sick girls wore.
Speaker 1 (32:53):
Yeah.
Speaker 2 (32:53):
Then I don't know when they changed, but then they
made them start wearing the black pants pants. Yeah yeah,
until they did yep, good time. So they go from
nice fun shorts to black pants. You know, it's all
just politically correct bs. It's like Taliban, Come on, can't
look they did. Hot Dog on the Stick was very
(33:16):
ahead of its time, very ahead of its time, and
they knew what they were doing with those short shorts.
Speaker 1 (33:21):
Don't tell me they didn't. And the lemonades, the eliminade,
and they.
Speaker 2 (33:25):
Had to the pump the lemonade, that the squashed lemonade.
We can't have nice things anymore, No we can't, No
we can't. I tell you this political correctness just gone
too far.
Speaker 1 (33:34):
That's what it is, can't. I am six forty We're
live everywhere in iHeartRadio app. Ignorance is bliss. We have
zero bliss, completely blissless.
Speaker 2 (33:45):
K s iks HD two Los Angeles, Orange County, live
everywhere on the radio app
Later, with Mo'Kelly News
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