Posted on 10/18/2015 6:56:45 PM PDT by SeekAndFind
Edited on 10/18/2015 8:36:26 PM PDT by Admin Moderator. [history]
What “next recession”? We never came out of the last one.
I asked someone stocking shelves late at night in a Walmart how often they do this. He said that they have to stock the shelves every night because customers clear off the shelves during the day. Probably not every department is like that.
If Walmart is not doing so well, it could mean that people have more money now and don't want to put up with the factors you mention.
If you’re interested, a large, distributed textiles production industry will happen in the U.S.A. before very long. Oil consumption is increasing, and oil production will decrease (transportation for imports, rising fuel prices everywhere, costs go up).
Every day Obama is in office is like a day in heaven.
Don’t you people realize that Obama has created billions of jobs. When he won the election we where losing a trillion jobs a week! Unemployment was like 150%! AND EVER SINCE WE HAVE ADDED NEW JOBS EVERY MONTH AND UNEMPLOYMENT IS NOW AT HISTORIC LOWS OF 5.1% !
Stop all the hating on Obama! Racist haters! He is not only a Constitutional Scholar he is an economic genius and a Nobel Peace Prize winner.
Is a Sarc tag necessary?
They need to have a large army of under 30 hour employees to fit the Obamacare model of no medical benefits for employees under 30 hours.
But is that kind of employment going to work for millions of people trying to support themselves or their families?
If they work two of the 30 hour or less jobs they might do better, but the cost of providing their medical coverage under Obamacare is a burden.
I work two jobs right now, one for the government where I get the bennies at a higher cost because of Obamacare, the other for a private employer where I get extra cash to pay the bills.
The other folks out there don’t have it that well and one wonders how they make ends meet? Do they live with relatives? Can they afford a home? How do they do it?
I am a regular shopper at Walmart and I can vouch for the fact that its prices are shooting up. This may backfire. I go elsewhere for those items whose prices I can beat: milk, meat, produce among others.
The problem with McDonald's doesn't seem to be affordability or prices -- rather, competition & changing tastes. People nowadays, especially the young, have more options, and they're all gravitating to tastier or healthier fare.
Not that I'm an economist; there are probably a lot of things going on that are way over my head. I have no real answer. However, it seems recently that a lot of these venerable places are imploding.
The "dollar" stores used to have very good buys. But that was when they first started and were stocked with regular- and large-sized closeout items purchased from wholesale and retail grocers who were going out of business. For example, one could get a large bottle of expensive Kalamata Olives for a dollar. They had different items all the time, depending what their buyers could find in closeouts. Now suppliers are packing items in special, small packages and bottles designed to be sold only in dollar stores, resulting in the not very good buys you referenced.And the items available rarely change.
Really? Gasp. It’s a good thing I don’t have asthma.
Please note that it is rare to find a traditional "home ec" course being taught in the High Schools, heaven forbid a child learn from their mother or grandmother at this point how to sew a garment. Textiles, are dead here. I can not even find reasonably priced socks that I like that are domestically made.
If textiles is going to come back, it will have to employ people that are already here picking our fruit and vegetables... for slave wages.
Also, one household out of 20 has a net worth of $1 million dollars. a lot of that is in house's value, but there is nothing wrong with that.
I understand exactly what you mean; the DG by me (where I would only go if I needed one thing - like your staples) has high employee turnover as though some low-paid employees are expected to run the whole thing.
I see; I was never in them until the second phase (as they weren’t around yet in my area). Now we have a few of them in town, and they all sell the same things - like walking along the boardwalk on the Jersey shore...
LOL! Yah...that’s the answer! /s
Alternatively, Walmart et al face a regulatory and tax regime not experienced by the current disruptive competition from the Internet.
Nice summary. You forgot one item though - no 22 ammo. I used to make a bi=weekly trip for 22 that wound up being a nearly full cart of oil or air cleaners etc. Now I don’t even bother going to the store. Shop in my undies and don’t have to be exposed to snot nosed kids carrying the plague.
I don’t believe for a second that the increase in wages has anything at all to do with what is going on with that company. I don’t know if Walmart is reporting that or some pundits have come out with that. Last week, at their headquarters, they laid off hundreds of people. As a pundit said, there has to be a limit to their growth in final terms, but what is going on now seems to be a decline, not merely reaching a plateau.
It is hard for me to believe it is competition from Amazon that is causing problems.
At my local 99cents store I buy canteloupe, small watermelon, dog treats, yogurt, cheese, raisins, soup, fresh veggies, apples, nuts, spices, chips, Arizona iced tea, frozen pancakes and waffles, low sodium black beans, salmon burgers, chocolate chip cookies, tuna, bagels, English muffins, candy, toothpaste, rubbing alcohol, paper plates, etc. If I had to do it, I think I could survive with ample protein and wide variety of food for under 5 bucks a day. Of course, going out to eat too often and going to sports bars during football season obliterates the food budget. If only the 99cents store sold ammunition. LOL
I hear it. And many people have complained that they cannot add things to their cart, as i could not last month. BTW, if you want some links to good buys i have found (no affiliation with me), like these (a bit dated), http://peacebyjesus.witnesstoday.org/Goodbuys.html, let me know. I try to find the best buys by the grace of God.
Also, one household out of 20 has a net worth of $1 million dollars. a lot of that is in house’s value, but there is nothing wrong with that.”
Agree with you that a lot of we oldster’s accumulated wealth is in the value of our homes but that can only be used if we choose to sell. I have considered selling mine on more than one occasion but what then? Any other place that I consider safe to live is not affordable so there is no reason to. It’s just such an upside down world.
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