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Walmart memo details monthly sales "disaster"

Interesting. Frankly, I shop at Walmart all the time. Aside from the lack of aisles open around here, I like it a great deal.
 
Nothing to see here, move along, the current occupier of the White House and his party will tell us this is "the best economic slow down" in the history of the world! All is well we are in the throes of a huge economic boom! Things are looking good!! Didn't you watch the SOTU? "the state of the union is stronger"!
 
Aunt Spiker said:
The customers haven't gone anywhere - corporate just want much to much on the top ALL the time.
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Pretty much. This is a company who has not only exploited millions of people in Asia but also managed to destroy literally thousands of small businesses in small town America. For what? Some corporate version of community life and cheap t-shirts for fat slobs? Support local businesses. **** Wal-Mart and its Mickey Mousing of America.
 
Ahlevah said:
Where's their money? What money? Wal-Mart customers stopped earning money somewhere around 1980 when they started servicing each other at, among other places, Wal-Mart. Now they're shopping at Dollar General after they get their payday loans.
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Funny you mention Dollar Stores... being that Walmart views dollar stores as their new biggest competition threat.

Wal-Mart responds to threat from dollar stores with its own mini-stores

GENTRY, Ark. -- The Walmart of the future could very well be the size of your local drugstore.

Wal-Mart Stores Inc. this week unveiled its first Walmart Express, its answer to the growing threat of dollar stores which have been successfully maneuvering the post-recession economy.

The 15,000-square-foot store, one-tenth the size of a Walmart superstore, aims to carry everything you might need on the spur of the moment, from milk and eggs to DVDs. Just not everything under the sun like its big cousin. Walmart Express is sized to fit into cities where space is at a premium and in rural areas that can't support a superstore.​

No worries, with Walmart's money I'm sure they'll be able to find the country with the best slave/prison/child labor to produce their complete garbage to keep up with dollar stores.
 
nota bene said:
Walmart, "...says its customers' average household income ranges from $30,000 to $60,000...."

Walmart and Target: A tale of two discount chains - CBS News

Real median household income in the United States in 2011 was $50,054.

In 2011, the median earnings of women who worked full time, year-round ($37,118) was 77 percent of that for men working full time, year-round ($48,202) ? not statistically different from the 2010 ratio.

U.S. Census Bureau Announces 2011 Median Household Income Declined from 2010
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Just curious but... how in the hell would walmart know what it's customers make per year?
 
Wal-Mart Sales are waaaay down, the 4th quarter GDP sucked like a Hoover, consumer confidence is scraping along the bottom. Looks like harbingers of hard times soon to come.

Obama aimed at the rich and hit the lower middle class with his tax policy.

Let this be a lesson. When Obama talks about taxing the rich he means YOU Mr. Wal-Mart shopper.
 
I shop anywhere I can save a buck or two. I hate Walmart, but because OMG THEY DESTROYED SMALL BUSINESS. I hate Walmart because the stores are usually dirty and unkempt, the employees, generally, are rude, the aisles are extremely narrow and filled with rude people who'd rather knock you over with a shopping cart filled with Twinkies than to actually say "excuse me." That's why I hate Walmart. That being said, sometimes they are a necessary evil.

I prefer paying more, to shop at Target. The aisles are bigger, the clerks dont look at you like you've stolen something if you need to return it, and the 5% redcard discount makes up for the higher price.

I also shop at Dollar General and Family Dollar. Anywhere I can save a dollar, I will. Besides, I have a Family Dollar and a Dollar General within 4 minutes of me. I prefer Family Dollar because they are cleaner and more well-lit, but the Dollar General is cheaper. It's about a 20 minute drive to Walmart and Target. For quick things like toilet paper, paper towels and paper plates, I'll stick with Family Dollar. Same price, less of a drive.
 
I refuse to shop at Target. Used to work there (in between "real" jobs, after a layoff) and I know how that place works. As bad as everyone says Wal-Mart is, Target is worse. They just do a better job at keeping a low profile.
 
Velvet Elvis said:
I refuse to shop at Target. Used to work there (in between "real" jobs, after a layoff) and I know how that place works. As bad as everyone says Wal-Mart is, Target is worse. They just do a better job at keeping a low profile.
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How so?
 
Ahlevah said:
Quoting from your source:



Seems to me your evidence supports the "elitist" contention that Wal-Mart caters to a lower demographic and that those people are having a harder time than, say, your average Target or Nordstrom customer.
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Target OR Nordstrom?!

BWHAHAHAHA


Good God. Where are you from, orignally!?
 
Velvet Elvis said:
I refuse to shop at Target. Used to work there (in between "real" jobs, after a layoff) and I know how that place works. As bad as everyone says Wal-Mart is, Target is worse. They just do a better job at keeping a low profile.
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The Target stores here in Kansas and Missouri (KC Metro) are only about a half step above Walmart. Wait until they come up with a "people of Target". ;)
 
Hatuey said:
Pretty much. This is a company who has not only exploited millions of people in Asia but also managed to destroy literally thousands of small businesses in small town America. For what? Some corporate version of community life and cheap t-shirts for fat slobs? Support local businesses. **** Wal-Mart and its Mickey Mousing of America.
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When your grandmother can buy $4 prescriptions somewhere else let me know. My mother likes it.
 
Superfly said:
How so?
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Every single new hire is subjected to an hour's worth of anti-union propaganda. Now personally, I think all unions should go pound sand, but Target totally promotes scare tactics against union membership. They basically say "join a union, and you'll be a 2nd class employee."

As far as their products; you think Wal-Mart is bad because their goods come from China? Well Target gets all their crap from Indonesia. Pretty much 99% of the $1 section is slave labor garbage.

As far as pay and benefits; Wal-Mart beats them in every category. Not by much, but still.

TheGirlNextDoor said:
The Target stores here in Kansas and Missouri (KC Metro) are only about a half step above Walmart. Wait until they come up with a "people of Target". ;)
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And I'll bet they all wear that "at-least-we're-not-Wal-Mart" smugness like a scarf. My store had it too. Hell, they'd even say it to the custome..err..."guests" (employees are reprimanded if they call the consumers in the store "customers"). Some employees were "coached" not to shop at Wal-Mart as well. As if your very life is now at the whim of some lower-management [feminine hygiene tool]. ...and not a damn one of those managers could type or work a 10-key to save their souls. No wonder they got paid the pittance they did. Frikkin useless.
 
I certainly agree about the anti-union propaganda. I was going to go into the Management training program when Movie Gallery shut down, and I lasted during the 3 hour orientation and left and never went back LOL. They are extremely anti-union.
 
Superfly said:
I certainly agree about the anti-union propaganda. I was going to go into the Management training program when Movie Gallery shut down, and I lasted during the 3 hour orientation and left and never went back LOL. They are extremely anti-union.
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Even though they didn't have unions and they went out of business, they probably still blame unions for that business dying... lol
 
poweRob said:
Even though they didn't have unions and they went out of business, they probably still blame unions for that business dying... lol
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:lol: Nah, Movie Gallery knew full well why they went out of business. $1.1 billion in bad debt from the purchase of Hollywood Video killed them. They made the mistake of buying Hollywood when Redbox was new and Netflix was on fire. The only place for them to go was downhill. :(
 
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