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When Shoppers Skip Wal-Mart, You Know They're Rolling Back On Spending
Forbes ^ | August 15, 2013 | Abram Brown

Posted on 08/15/2013 5:14:53 PM PDT by 2ndDivisionVet

If discount every-day necessities can’t tempt shoppers into stores, it’s a clear signal that consumers feel stifled by a tough economy at home and overseas.

That’s the picture provided this morning by Wal-Mart’s latest quarterly report. The world’s largest retailer cut its annual profit and revenue outlook and reported second-quarter figures that missed expectations.

Wal-Mart, operating 10,800 stores across 27 countries, is seen as an economic bellwether because it’s a go-to spot for so many households, where they shop for groceries, home supplies and gasoline. Nonexistent wage gains and a sluggish recovery are hampering spending in America and Europe, while slowing growth in developing companies keep the emerging middle classes there from spending much, too. Listen to Wal-Mart CFO Charles Holley: “”The retail environment remains challenging in the U.S. and our international markets, as customers are cautious in their spending.”(continued)

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; US: Arkansas
KEYWORDS: bhoeconomy; economy; obama; recession; retail; walmart
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1 posted on 08/15/2013 5:14:53 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Recovery Autumn!


2 posted on 08/15/2013 5:17:02 PM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: 2ndDivisionVet

Keep in mind, Wal Mart is also the largest retailer of food.


3 posted on 08/15/2013 5:17:39 PM PDT by maine yankee (I got my Governor at 'Marden's')
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To: 2ndDivisionVet
Most of my 'shopping' for the last few months has been wandering around the garden to see what's ready to harvest.

/johnny

4 posted on 08/15/2013 5:17:53 PM PDT by JRandomFreeper (Gone Galt)
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To: 2ndDivisionVet

A few years ago, during the start of the recession, Walmart was poised to increase sales because middle class shoppers were switching from higher end retailers to Walmart. Now, even Walmart is expensive for the middle class.


5 posted on 08/15/2013 5:22:07 PM PDT by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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To: JRandomFreeper

>>Most of my ‘shopping’ for the last few months has been wandering around the garden to see what’s ready to harvest.<<

Me too.

Nice garden you got, there ;)


6 posted on 08/15/2013 5:24:37 PM PDT by freedumb2003 ("Task" is a noun. "Ask" is a verb. "Disconnect" is a noun. "Data" is a plural-not collective-noun.)
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To: 2ndDivisionVet

I go to dollar stores in and out fast


7 posted on 08/15/2013 5:26:11 PM PDT by mel (There are only 2 races decent and undecent people)
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To: JRandomFreeper

You’re right. How’s the tobacco coming along?


8 posted on 08/15/2013 5:26:13 PM PDT by tillacum
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To: 2ndDivisionVet

If you are a smart shopper Walmart is NOT the place to shop and people are starting to catch on .

You can do much better by shopping sales at most grocery stores and plan your meals according to seasonal sales rather than shopping Walmart for their everyday low prices and not have to put with Walmarts terrible service and obnoxious cashiers .
(especially true if you live in a small town since Walmart charges MUCH higher prices in their small town locations than they do in bigger cities)


9 posted on 08/15/2013 5:31:39 PM PDT by Lera (Proverbs 29:2)
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To: tillacum
Most of it's harvested and being cured. I'll plant about 4 times more next year, and probably do 2 plantings. That is if they don't throw me in the gulag.

/johnny

10 posted on 08/15/2013 5:32:46 PM PDT by JRandomFreeper (Gone Galt)
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To: 2ndDivisionVet

A huge problem is that the continuing instability of the world economy—breathlessly reported by the mass media around the world—is literally scaring people into closing their pocketbooks. As such, this affecting Walmart sales does not surprise me.


11 posted on 08/15/2013 5:32:58 PM PDT by RayChuang88 (FairTax: America's economic cure)
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To: mel

I go to dollar stores in and out fast”

We do, too, and sometimes more than once a week because they keep getting new stuff. Kind of aggravating though. They keep having new things and so I buy one to try out. When I go back later, they don’t have any more and may not get any more.

what I did find though are the best ever gingersnaps. $1.00 for a good sized bag and they are baked right in Abilene, Texas. Probably have enough in my Obama stash closet to feed the whole neighborhood for a year. And they have great frozen waffles - 9 for $1.00. Grandsons love them with some of the $1.00 a bottle maple syrup on top.

Just really hard to beat.


12 posted on 08/15/2013 5:37:59 PM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: 2ndDivisionVet

Erin Burnett asked a guest today why is it the numbers show the economy improving but companies like Walmart reporting lower income. I think the answer is simple. Walmart doesn’t fudge the numbers.


13 posted on 08/15/2013 5:39:01 PM PDT by VerySadAmerican (When you vote for evil because you can't see evil, you ARE evil.)
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To: 2ndDivisionVet

Erin Burnett asked a guest today why is it the numbers show the economy improving but companies like Walmart reporting lower income. I think the answer is simple. Walmart doesn’t fudge the numbers.


14 posted on 08/15/2013 5:39:18 PM PDT by VerySadAmerican (When you vote for evil because you can't see evil, you ARE evil.)
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To: Lera

Well said, and spot on! I hate Walmart!


15 posted on 08/15/2013 5:39:29 PM PDT by cblue55 ("Those people who will not be governed by God will be ruled by tyrants,")
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To: Lera

Walmarts “not every day low price” items are higher than most stores.


16 posted on 08/15/2013 5:41:37 PM PDT by VerySadAmerican (When you vote for evil because you can't see evil, you ARE evil.)
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To: Grams A

That isn’t maple syrup... :-)


17 posted on 08/15/2013 5:42:10 PM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: Red in Blue PA

i avoid the place if at all posible, can’t stand them or the low end trash that shops there!


18 posted on 08/15/2013 5:46:30 PM PDT by dalereed
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To: grumpygresh
Now, even Walmart is expensive for the middle class.

Walmart is running a scam. Got most of my canned food preps from specials in grocery stores. People must be on to them.

19 posted on 08/15/2013 5:46:55 PM PDT by Stentor
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To: dalereed

I feel the same way.....the prices are not worth the headache of putting up the the dregs of society.


20 posted on 08/15/2013 5:47:23 PM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: 2ndDivisionVet

Walmart has become lazy. Back in the day they were almost never out of stock....these days they are missing items for weeks on end.


21 posted on 08/15/2013 5:47:54 PM PDT by LongWayHome
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To: cblue55

Walmart Fail competition: http://www.youtube.com/watch?v=eRh3bsYayxc


22 posted on 08/15/2013 5:49:51 PM PDT by freedumb2003 ("Task" is a noun. "Ask" is a verb. "Disconnect" is a noun. "Data" is a plural-not collective-noun.)
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To: maine yankee

I have never seen a Walmart in Los Angeles where I live. I understand there is one in South Central but I don’t go there.

Unions have successfully kept the ones with groceries out of LA but would love to see one.


23 posted on 08/15/2013 5:52:11 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: 2ndDivisionVet

I go for the friendly sales people and ambience.


24 posted on 08/15/2013 5:52:25 PM PDT by tumblindice (America's founding fathers: All armed conservatives.)
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To: tumblindice

In some locales this would be irony.

In other locales a “God bless you” attitude will find you getting service like you never dreamed. I went into a Wal-Mart north of Nashville last night to return a bathroom scale that was not working correctly when I tested it. It was late and returns were being handled by the register staff. The gals at the register asked if I wanted a replacement, I told them I had spotted another one that I think I would prefer. And she went back and got TWO of them, the one I meant and one that was a lot cheaper but similar. Now that is Nordstrom level service at a Wal-Mart, in an area that isn’t particularly rich in a small Wal-Mart next door to a shuttered Sams Club.


25 posted on 08/15/2013 5:56:31 PM PDT by HiTech RedNeck (The Lion of Judah will roar again if you give him a big hug and mean it. See my page.)
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To: Lera

this is the point I made a few weeks ago. They have some stuff there but the prices are about the same at supermarkets if you know how to shop them. The meat is nowhere near the quality of our locals and forget the greens. They have excellent prices on staples like flour, sugar, soups, cereals and bread but you can work the sales and get those, plus better quality meats, fish, vegetables for less.
Within a five minute drive of our closest Walmart, we have five chain supermarkets and a Target that all have weekly and seasonal sales not to mention the big-box stores.

They need to step up their game and make it worth it to shop there more.


26 posted on 08/15/2013 5:57:59 PM PDT by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: tumblindice

testing testing testing


27 posted on 08/15/2013 5:58:29 PM PDT by HiTech RedNeck (The Lion of Judah will roar again if you give him a big hug and a cheer and mean it. See my page.)
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To: dalereed

Ya know I used to feel that way, get annoyed at the “marginal folks” there.

God’s put me on a military love seek-and-destroy mission now against the devil... and I go in there blessing the annoying people.

We’ve forgotten that God wanted US to be lights, not just holler at others for light.


28 posted on 08/15/2013 6:01:34 PM PDT by HiTech RedNeck (The Lion of Judah will roar again if you give him a big hug and a cheer and mean it. See my page.)
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To: Grams A
And they have great frozen waffles - 9 for $1.00. Grandsons love them with some of the $1.00 a bottle maple syrup on top.Just really hard to beat.

Depending on where you live you can sometimes do better than that if you watch sales and combine coupons.

For instance this week Publix Supermarkets (Florida premier grocery store ) has
Mrs Buttersworth syrups 24oz bottles on sale BOGO 3.49 there 1.00 printable coupons on their facebook page 2 bottle for 3.49 - 2.00 (two 1.00 coupons) =2 bottle name brand syrup for 1.49
They also have Ocean Spray juice on sale 2 bottles for 3.15 there were 1.00 off coupons in the paper couple of sundays ago for this 2 bottles for 3.15 - 2.00(two 1.00 off coupons ) now you get two full size bottles of name brand juice for 1.15

I shop like this all the time and have a huge pantry full of stuff I pay little to nothing for

You can get great ideas for sales and coupon match ups at places like
Southern Savers (lots of stores listed)- http://www.southernsavers.com/
Publix - http://www.iheartpublix.com/
Kroger - http://www.iheartkroger.com/
dollar stores - most will take coupons too - http://dollarstoredeals.net/

29 posted on 08/15/2013 6:06:06 PM PDT by Lera (Proverbs 29:2)
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To: JRandomFreeper

“Most of my ‘shopping’ for the last few months has been wandering around the garden to see what’s ready to harvest.

/johnny “

We’re so tight we’re making hamburgers with helper helper.

I stole that.


30 posted on 08/15/2013 6:08:17 PM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: Lera

Walmart - 24 check out lanes and 2 cashiers. I seriously hate the place! Their prices are nothing special either..especially when it comes to food.


31 posted on 08/15/2013 6:10:42 PM PDT by BootsOfEscaping
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To: Red in Blue PA; dalereed

Wow, it’s nice to know how you feel about us “low end trash” and “dregs of society” that can only afford to shop at Walmart. Becoming a bit elitist in here, are we?


32 posted on 08/15/2013 6:10:45 PM PDT by CatDancer (Where the spirit of the Lord is, there is Liberty. 2 Cor.3:17)
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To: Lera
and not have to put with Walmarts terrible service and obnoxious cashiers .

These comments about Walmart always tend to be tied to the local market and demographics. Here, the cashiers are pleasant and many of their customers know them personally. One recently died and a bunch of people went to his memorial. Regarding service, I would say though it isn't the style of the business to have sales staff follow the customers around the stores like Nordstroms or somewhere. In fact, I won't shop anywhere they do that. Many employees are stockers or another specialized position and won't be able to answer questions about products nor should they try. As far as grocery prices, you can often do better with sale prices at pure grocery chains, but if what you want isn't on sale Walmart will be about as low as anywhere. And the Walmart house brand is priced quite low.

33 posted on 08/15/2013 6:13:25 PM PDT by steve86 (non politically-correct comment)
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To: JRandomFreeper

I hear you Johnny, Made a gallons worth of gazpacho yesterday, half gone. Hubby ate 4 bowls.


34 posted on 08/15/2013 6:15:31 PM PDT by MomwithHope (Buy and read The Liberty Amendments by Mark Levin!)
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To: HiTech RedNeck
God’s put me on a military love seek-and-destroy mission now against the devil... and I go in there blessing the annoying people.

We’ve forgotten that God wanted US to be lights, not just holler at others for light.

You definitely have seen the light recently.

Also, on your other comment about the Nordstrom-like service, I could easily see that happening here also (rural eastern WA), although the clerks really aren't trained to do that. Just that many rural people are naturally helpful to their neighbors.

35 posted on 08/15/2013 6:19:01 PM PDT by steve86 (non politically-correct comment)
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To: LongWayHome
Walmart has become lazy. Back in the day they were almost never out of stock....these days they are missing items for weeks on end.

It isn't exactly lazy -- it is generally an understaffing problem. Many times the items (hard goods) are sitting on a pallet in back. Between cutting full time positions and having trouble finding suitable part timers staffing has been thin. One day I was asked (at checkout) if I wanted to come back that night and stock. I said no, I can't and then the supervisor asked me a second time. Almost felt bad turning him down.

36 posted on 08/15/2013 6:23:27 PM PDT by steve86 (non politically-correct comment)
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To: LongWayHome
I think it depends on the store. Of the four stores near me. One absolutely, completely totally sucks! Dirty, disorganized, clerks with 'tude, out of stocks. Two of the others are great, clean, orderly polite friendly helpful crew. Of course it's the one closet to me that sucks.

As others have noted, their food prices are bad, HBA is on the low side and hardware\auto is a mixed bag.

37 posted on 08/15/2013 6:24:10 PM PDT by Drill Thrawl (The Gubment Has No Legitimacy. It needs to be Removed!)
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To: steve86

I could break into song here, “I Saw The Light.”

Well actually I believed decades ago and that was genuine. But clearing up my spiritual eyes took a long time till I got to this point. Sometimes it’s fast, sometimes it’s slow. But there was one last satanically caused hangup in my life that I finally said I can’t cut exposure to its occasion out of my life, so I’m going to see if I can beat it with POSITIVE power. I asked the seemingly nonintuitive blessing of the Lord upon the thing through which Satan was occasioning me the stumbles. Well mirabile dictu... it WORKED! Took a few weeks of the conflict but the blinders came off. Got a whole new perspective soon after that. And that’s why you see me posting what I’m posting today... wow, I’m being blessed big time and want to share it!


38 posted on 08/15/2013 6:25:43 PM PDT by HiTech RedNeck (The Lion of Judah will roar again if you give him a big hug and a cheer and mean it. See my page.)
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To: CatDancer

I am eternally grateful for the $4 prescription drugs at Walmart. In fact, when we get dumped from our insurance plan on Jan 1 because it doesn’t meet Obamacare requirements I will be even more grateful.


39 posted on 08/15/2013 6:27:25 PM PDT by steve86 (non politically-correct comment)
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To: steve86
Maybe in your area they are ok . Around me they are beyond obnoxious and since I am in a rural area there prices are much higher than non rural area Walmarts .(it's a huge difference)

The cashiers are never well trained , they are rude , slow and busy gabbing to each other .

Publix (this is Floridas best supermarket) all cashiers are well trained . If they see more than 3 people in a line they will call people off the floor to open more registers. YOU NEVER GET LIP from any of their cashier , no smart remarks because the management just will NOT put up with it . The store item per item is a little more than Walmart BUT they have great sales and a fantastic coupon policy .

If you plan your meals around their sales YOU WILL end up paying much less than shopping Walmart and not have to deal with any of the BS .

I am not the only one who says this . Look around the net and you WILL SEE tons of people complaining about how bad Walmarts service is.

40 posted on 08/15/2013 6:28:05 PM PDT by Lera (Proverbs 29:2)
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To: Lera

Can’t have a thread without a downer.

What’s going on GOOD in yer life, Lera?


41 posted on 08/15/2013 6:29:14 PM PDT by HiTech RedNeck (The Lion of Judah will roar again if you give him a big hug and a cheer and mean it. See my page.)
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To: CatDancer

I am not elitist at all. The Walmart where I live attracts dirtbags for miles. When one walks through there, it is not a good feeling.

You may like shopping with gangbangers; I do not.


42 posted on 08/15/2013 6:33:18 PM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: 2ndDivisionVet

Our Walmart has started to carry more organic and non-gmo type items. Since we mainly eat whole foods, I can now get quality ingredients for my family at a much cheaper price than Kroger, Trader Joe’s, or Whole Foods. We still mainly live off of our back yard, but we do have to supplement. I am considering, however, planting wheat next year. We’ll see about that.


43 posted on 08/15/2013 6:33:25 PM PDT by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
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To: Lera

Hey Lera. Do what you have to do. If Walmarts are not the suitable resource then avoid them. But it looks like you are cursing them in your mind... stop it. That feeds the devil. Wish them blessings even if you don’t go there.


44 posted on 08/15/2013 6:33:50 PM PDT by HiTech RedNeck (The Lion of Judah will roar again if you give him a big hug and a cheer and mean it. See my page.)
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To: Lera

we travel in the same circles. LOL.
BOGOs at publix are amazing. a good part of my stash came from these sales.


45 posted on 08/15/2013 6:37:13 PM PDT by Donnafrflorida (Thru HIM all things are possible.)
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To: HiTech RedNeck
Hey Lera. Do what you have to do. If Walmarts are not the suitable resource then avoid them. But it looks like you are cursing them in your mind... stop it. That feeds the devil. Wish them blessings even if you don’t go there.

I am not cursing them.

Not all stores are the same . In my area they are obnoxious and I get better deals and service at Publix.

46 posted on 08/15/2013 6:40:27 PM PDT by Lera (Proverbs 29:2)
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To: HiTech RedNeck

lera is right. most of my experience at walmart has been rude employees.
40 minute wait at deli counter. fruit rots in a day or two.
cant find help EVER!!


47 posted on 08/15/2013 6:42:02 PM PDT by Donnafrflorida (Thru HIM all things are possible.)
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To: Donnafrflorida
we travel in the same circles. LOL. BOGOs at publix are amazing. a good part of my stash came from these sales.

iheartpublix.com
If you shop Publix , this web site is a must to help build up the stash lol

Publix is AWESOME

48 posted on 08/15/2013 6:43:23 PM PDT by Lera (Proverbs 29:2)
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To: Lera

And so they are, yet not every factually true statement is suitable in all circumstances for use in glorifying the Lord. The spiritual tone matters too. Just a word to the wise. Think of what good they can be, to someone else if not to you. Your thoughts will cheer up.


49 posted on 08/15/2013 6:45:36 PM PDT by HiTech RedNeck (The Lion of Judah will roar again if you give him a big hug and a cheer and mean it. See my page.)
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To: steve86

Good to know. I’m not anti-Walmart by any means. I’m in there several times a month. Just drives me nuts to see the store so empty.


50 posted on 08/15/2013 6:46:39 PM PDT by LongWayHome
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