Walmart Is Falling Apart Before Our Eyes
 

shitty service i switched to sams club :2 cents:

For most of the past five decades, Wal-Mart has been the retailer competitors feared most and as a result it made for a phenomenal investment for its shareholders. But Wal-Mart has begun to lose its cache with consumers and major holes are starting to form in its business.

Interestingly, Wal-Mart has hidden its financial problems from the headlines because challenges are different around the world, masking themselves in the overall picture. But when you dig between the headlines you can see a company in serious trouble and could be the latest in a long line of leading retailers to go from boom to bust in the blink of an eye.

U.S. shoppers are abandoning Wal-Mart
The most alarming statistic at home in the U.S. comes from falling same-store sales. This measures how sales are growing location by location and any healthy retailer is looking to grow same-store sales at or faster than consumer spending grows because that shows increased market share locally. Overall sales can be increased by increasing store count, but if same-store sales are falling then the return on each store will drop, something well see in a minute.

Below, I've built a table that shows year-over-year changes in same-store sales at U.S. Wal-Mart and Sam's Club stores compared to the growth in consumer spending on goods. You can see that Wal-Mart is growing far slower than what consumers spend on goods and has been consistently negative over the past year.


full article...

That will teach them a lesson.

:1orglaugh:1orglaugh

If Sam were alive today, there would be hell to pay.

:2 cents:

not trying to teach them a lesson. walmart and sam's club same company. i like buying in bulk. they act like they are not tho :Oh crap

I guess the employees won't have to worry about proper benefits anymore, they won't even have jobs!

:1orglaugh:1orglaugh:1orglaugh:1orglaugh

daaaaang

Fuck walmart. You might find me inside a walmart store about once every other year. Chaos everytime. Sloppy bitches trying to herd all 12 of her kids while holding on to that welfare check. 500 aisles from Honduran bananas and low end electronics to Starter brand jackets and handguns. How many miles you need to walk around to find something you want?

The town that I grew up in was a small town with a very historic and quaint downtown. It was filled with many shops that flourished before walmart arrived. Now it is about 15 years after walmart any there are 30+ vacant shops in the old downtown. Soon after walmart there was a home depot built about 100 yards away. Needless to say my hometown is turning into the slums.

I'm sure China will feel that sting if Walmart's sales are down.

Prices are cheap but due to that it attracts trash and shit's always a mess there. If I have to go I go at 10-11 P.M. when the fucker's dead. :2 cents:

you scurd?? :helpme

No don't like waiting in line for 20 minutes before I even get up to the register. :2 cents:

i go like 15mins before closing they move fast then :1orglaugh:1orglaugh:1orglaugh

Wal-mart closes? 24-7 here

some are 24 some are not.

Travel around the country and that is every town..

All over the place it's the exact same stores town after town. There is very little diversity anywhere it's just the big retailer chains. I call them Lego land towns because it's like they are built from a kit. It's always the same stores all packaged together.

It's not out of the question for walmart to topple/be toppled. While they where expanding into Asia/China which is now looking like a big problem, Amazon was expanding online with products and services and getting shipping sorted out. I was reading an article recently (when I had to pay my annual prime membership fee and the price went from $79-$99), and in the article about that it stated that Amazon loses ~$3billion a year to cover shipping on Prime. They do that to snatch customers away from Walmart.