Photo from the Springhill Walmart store shows carts overflowing with food, reportedly left abandoned after balances started showing up again on customers’ EBT cards.
Looks like they’ll have to raise prices...
This must be why they have 1 cashier for every 50 registers.
And the stores are still dirty, the staff still only speaks spanish or ebonics, several items on your shopping list will still be out of stock, and the checkout lines still take at least 20 minutes. But its the wage increase that’s hurting them. Yup. That’s it.
WalMarts apparently vary the store offerings based on the local market. Walmarts in relatively upscale locations can be a very pleasant shopping experience.
So many reasons to hate on Wallyworld. Not really shedding a tear for the chump stockholders.
Lie down with dogs...
Sadly Mr. Walton’s heirs embraced a political system that will destroy all he worked to build. But they’ll get lots of cushy board & political seats seats in the mean time.
No no no. Money for labor comes from passing unicorns. Everyine with a business degree can tell you that. Basic econ 101 stuff. Clearly someone in accounting got the numbers wrong. Walmart had record profits this year because record numbers of unicorns flew out of the head office.
No one panic. All is well.
And as a side note I’m sick of Freepers saying otherwise. You people obviously hate America and love Kmart.
Obama said you don’t need profits ,remember he made no profit from the books Bill Ayers wrote him
Democrats—Looking to destroy whatever of our economy is still left.
Wage increases hit profits—Who knew?
Who needs cashiers?
Automated McDonald’s kiosks one step closer to Edmonton
http://www.630ched.com/2015/07/27/59162/
I heard projected profit will be lower in 2017 due to wage increases and an investment in web infrastructure (online shopping)
My boycott of cheezy Chicom goods is finally taking hold. Whew hew
Unexpected!
Oh those poor billionaires. Really giving a buck extra and the billionaires lose a lot on paper is just sad. Oh the humanity.
It is a combination of wage hikes and China devaluing it’s currency over and over to close our production outlets.
Photo from the Springhill Walmart store shows carts overflowing with food, reportedly left abandoned after balances started showing up again on customers’ EBT cards.
Most of their employees compensation is state aid. If the actually had to pay the full cost, they would be out of business
Are we really to believe that the devaluation of the yuan hurt the folks in Bentonville?