Captain, I’m curious..what are your thoughts now after reading the replies here?
Interesting thread by the way.
The answer is yes they are and it's sad in many ways. Top management has made some bad mistakes, they have put into place a system that does not allow us to staff our stores properly and most importantly we are not taking care of our customers.
The current reorganization looks to be a unmitigated disaster all in the name of squeezing costs to the detriment of everything else. That will only get you so far.
If we are not doing the real basics which is keeping our stores stocked, keeping them clean and taking care of our customers then I could foresee Wal-Mart going the way of other past retailing giants and I believe that could happen.
Well at this pint I think Wal-Mart hit it's peak a few years ago so they need to regroup and assess their future and priorities.