Walmart Earnings Disaster Exposes a Collapsing Economy: Davidowitz

Yahoo! Finance ^ | August 14, 2013 | Jeff Macke

[Eagles6]

You get it.

[Eagles6]

Get to know someone in the sporting goods section. What's been happening is that folks know when the shipments come in and clean up. Here in SW PA you can get limited amounts of just about anything expect.22 LR.

Be friendly with the girl that sells hunting licenses and she may tell you when the truck comes in.

Then again why would you be looking for ammo now?

[cuban leaf]

My wife and I love Costco. One of the pains of moving to KY is that the nearest Costco is over 90 minutes away. I drive by a Sam’s club every day on my way to work and we use it, but we still do a costco run every couple of months. I’ve been a member since the mid 80’s. The quality is noticeably better at Costco. That said, we’ve gotten a couple of bad items. But when a $400 bracelet broke after two years, they gave us a refund, no questions asked.

[Cringing Negativism Network]

Bump.

America needs to stop sending US jobs overseas.

We need to bring back US jobs. We need to change US laws, to encourage and build American factories, and US businesses right here is the USA.

For an entire generation, we have chased US jobs elsewhere.

BRING THEM BACK.

[discostu]

I don’t care what your shopping habits are. I find the place annoying to shop at, and the products low in quality. As they say on TV, your mileage may vary.

I dislike WMT period. My counter question is why suffer through the WMT experience for 13 cents? Even if the products are the same, which they probably aren’t. 13 cents just isn’t that important to me, the 10 extra minutes I’ll spend in the checkout line is worth more to me.

[discostu]

I’m certainly not saying the economy is booming, but there are always multiple explanations when you’re dealing with a single data point. WalMart isn’t perfect, their problems could be entirely self inflicted.

[upchuck]

I’m done posting about Wal*mart just like I’m done posting about whether or not Ted Cruz is eligible to run for president.

You go your way, I’ll go mine.

[bigredkitty1]

Those items are placed exactly as Walmart envisioned them. By placing certain items in obscure areas, shoppers are forced to look at more inventory. This is done to generate more sales.

[yorkiemom]

I make six figures and I shop there. There is a reason I am debt free. I don’t pay more than I have to and I watch my money.

And you probably have more money saved than most. Even most that make the same as you. Being careful with our money is part of what conservatism should be about.

[Eagles6]

True, but taken with numerous other data points and the actions of this regime things look awful grim.