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Capitalism at it's worst: Walmart's labor practices are backfiring

bluesmoke said:
I can go online to Amazon and get a greater variety at lower prices than Walsmart. I stopped going to Walsmart when what I wanted wasn't there that I could get online delivered at a lower cost. THAT's business.
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For some big ticket and specialty items the online market is far better but if I want (or need) something now it's off to the Walmart 6 miles away.
 
Quag said:
I thought most of Walmarts products came from the Peoples Paradise of China where the workers have he greatest working conditions making less and working more than the average Walmart employee.
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Yep, just like the Apple store. ;)
 
countryboy said:
For less than shopping at Walmart? Please.
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I have no idea have a look. It is much more convenient though, you can have items shipped on a regular basis to your house and obviously you do not have to go anywhere, save that gas money and effort. Like I said before they are continuously working on it, they are getting more and more products everyday.

Amazon has one key advantage over Wal-Mart in retail, Amazon has no profits.
 
Carjosse said:
I have no idea have a look. It is much more convenient though, you can have items shipped on a regular basis to your house and obviously you do not have to go anywhere, save that gas money and effort. Like I said before they are continuously working on it, they are getting more and more products everyday.

Amazon has one key advantage over Wal-Mart in retail, Amazon has no profits.
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Don't be ridiculous.
 
countryboy said:
Amazon is a very profitable company. It's true for many years it wasn't, but not true today.
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What he meant is that Amazon doesn't care if it turns a profit or not
 
Crovax said:
What he meant is that Amazon doesn't care if it turns a profit or not
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For a company that doesn't care about profits, they sure turned a healthy one in the first quarter of this year.
 
countryboy said:
For a company that doesn't care about profits, they sure turned a healthy one in the first quarter of this year.
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Yes they did but they have always focused on a growth based model for thier business.
 
Ganapathy said:
Walmart's Labor Practices Backfire | ThinkProgress

Bottom line: wal mart's extreme abuse of its workers, ranging from low wages, overworking, and nonexistent job security, are actually backfiring and costing walmart dearly.
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TobyOne said:
Its not capitalism at its worst its government regulations and labor unions. From your own article from the unbiased people at thinkprogress:


Derp.

The research report also points out that the labor struggles that have ignited around its poor practices have come with a cost, noting, “Today, Wal-Mart spends a good deal of time and money in hopes of easing Washington scrutiny, bolstering its corporate image and assuaging labor groups.” The company is expected to spend around $300 million this year on regulatory and compliance enhancements, including dealing with the complaint against the company from the National Labor Relations Board that it illegally retaliated against its striking employees. Workers have staged repeated walkouts and protests, hitting nine different cities in November.
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Indeed.
Gringo allstar said:
You have Mao as your avatar.... are you serious???
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Appears that he is.

But perhaps he doesn't know that ThinkProgress has already been demonstrated as biased, dishonest, factually wrong more often than not, and little more than ideologically driven.
 
ludin said:
The insurance is better than Obamacare.

Surprise! Walmart health plan is cheaper, offers more coverage than Obamacare | Washington Examiner
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Groups getting better premium rates than individuals is neither new nor caused by ObamaCare. The premium price comparison offered in your link is pure BS because it includes only the employee contribution to the premium - rest assured that is only part of what is paid to the insurance company with Walmart paying the bulk of the premium bill.

Another thing to consider is that if Walmart pays income taxes at a 30% rate then, since Walmart's employee insurance benefit is 100% deductible, their net (after tax) cost of providing the employee insurance is about 30% lower than it appears. If you factor in the alternative cost of paying the PPACA penalty instead of providing (offering?) any employee insurance then the true net cost to Walmart is much, much lower.
 
What does anyone expect from a radical left hit piece from ThinkProgress? I'm surprised the article doesn't say that Walmart is run by the AntiChrist, and sells dead babies.

What I don't get is, why does everyone hate on Walmart, but give Target a free pass? Target gets it's stuff from Indonesia. They pay WORSE than Walmart (at least the ones in my neighborhood). Walmart's store is cleaner and despite rumors, we don't have "people of Walmart" here. If anything, Target is worse than Walmart, but go ahead and kiss their ass, liberals.

Oh, and Target puts their employees through an hour of anti-union "training" upon hiring.
 
countryboy said:
Amazon is a very profitable company. It's true for many years it wasn't, but not true today.
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They could have profits but they choose not to. They invest everything back into the company and never get their shareholders hooked onto the crack that is profits. When Wal-Mart cut into its profits to invest in itself it saw it stock fall dramatically and so did the company's value, Amazon has no such problem. Amazon improves and gets bigger, Wal-Mart just gets bigger.
 
Carjosse said:
They could have profits but they choose not to. They invest everything back into the company and never get their shareholders hooked onto the crack that is profits. When Wal-Mart cut into its profits to invest in itself it saw it stock fall dramatically and so did the company's value, Amazon has no such problem. Amazon improves and gets bigger, Wal-Mart just gets bigger.
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You have no idea what you're talking about. Amazon posted over a half a billion dollars in profit in the first quarter of this year alone. Look it up.
 
Ganapathy said:
Walmart's Labor Practices Backfire | ThinkProgress

Bottom line: wal mart's extreme abuse of its workers, ranging from low wages, overworking, and nonexistent job security, are actually backfiring and costing walmart dearly.
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"Extreme abuse"

Really?

Hyperbole much?

While noting the article is over 2 years old it doesn't support the premise of your OP. In fact, the article points out that Wal-Mart is adapting by changing its policies. That is capitalism working, not the other way round.
 
countryboy said:
You have no idea what you're talking about. Amazon posted over a half a billion dollars in profit in the first quarter of this year alone. Look it up.
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By year's end they will do what they have always done, find someway to spend that money in order to just break-even.
 
I have my doubts about that. Locally, people are lining up to work for Wal-mart... they're paying $10/hr in a market where unskilled labor is more like 7.50-8.50/h...
 
ttwtt78640 said:
Groups getting better premium rates than individuals is neither new nor caused by ObamaCare. The premium price comparison offered in your link is pure BS because it includes only the employee contribution to the premium - rest assured that is only part of what is paid to the insurance company with Walmart paying the bulk of the premium bill.

Another thing to consider is that if Walmart pays income taxes at a 30% rate then, since Walmart's employee insurance benefit is 100% deductible, their net (after tax) cost of providing the employee insurance is about 30% lower than it appears. If you factor in the alternative cost of paying the PPACA penalty instead of providing (offering?) any employee insurance then the true net cost to Walmart is much, much lower.
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Not at all obamacare was suppose to create a huge pool of people so that they get lower rates.
Obamacare people get subsidies to lower their premium costs as well.

It is a fair evaluation more so has they are comparing plan coverages as well.

So the link isn't bs at all
 
ludin said:
Not at all obamacare was suppose to create a huge pool of people so that they get lower rates.
Obamacare people get subsidies to lower their premium costs as well.

It is a fair evaluation more so has they are comparing plan coverages as well.

So the link isn't bs at all
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The link never stated how much either the Walmart or Obamacare premium rate subsidy amounts were.

That is like saying two folks that bought the "same" new car model have vastly different monthly payment amounts without bothering to mention that each made a vastly different down payment when buying that "same" car. Gosh, the payment difference must be due to buying that "same" car using a different bank's loan program. ;)
 
Ganapathy said:
Walmart's Labor Practices Backfire | ThinkProgress

Bottom line: wal mart's extreme abuse of its workers, ranging from low wages, overworking, and nonexistent job security, are actually backfiring and costing walmart dearly.
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Education at it's (sic) worst. Thanks for proving the problems with education in your subject line. Maybe you should worry more about mastering basic English and less about WalMart until you're old enough to actually work there.
 
countryboy said:
What an idiotic thing to say. Do you buy groceries on Amazon? :roll:
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You think it would be wiser to spend more time and money on less choice? That would be idiotic. To answer your stupid question in smarter way, there are four grocery stores within walking distance of where I live. One is a Walsmart grocery outlet where I go the least because most of the food I buy I can get for less, mostly on sale, at the other three. With your reasoning, saying I get what I want for less elsewhere (and a little closer, BTW), is idiotic.
 
Crovax said:
Then why not work on a computer? Because of skills, anyone can do manual labor which is why it's less valued.
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Sadly, someone has to do it. However, claiming they deserve less pay because it's manual labor, which is exhausting, doesn't sit right with me. It's hard work that deserves good pay imo.
 
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