Posted on 01/17/2010 10:58:08 AM PST by Captain Peter Blood
Umm...what?!? I live in the heart of the south and have 3 walmarts within 5 miles of me. I go to the one I can actually find a parking space at.
not really, they just opened more stores. Walmart failed miserably in South Korea and Germany."
Hilarious. Wal Mart netted $13,400,000,000 last year. 75% of the stores opened in 2009 were international stores and 600 new stores abroad are slated in to 2010. As second world countries with billions of people slowly become capitalist societies, Wal Mart will be far ahead of the curve, there to provide goods faster and at a lower cost, while providing obscene profits for their shareholders.
Wal Mart is like a 10% tax cut for every American.
“With respect, that’s not the only choice.”
A few years ago 25% of everything Proctor and Gamble sold was sold at Wally world.
Sure companies can go elsewhere, some do and some dont. Those that don’t have to reduce their costs somehow. Many many products achieve this through poor quality. Electric tools, clothes, bikes, BBQ grills and shoes are all examples.
Don’t complain about YOUR POOR CHOICES TO ME!
Blame yourself.
Most everything is made in China or Asia because Americans typically cannot afford UNION prices. Manufacturing in general is ALL MOVING OFF SHORE. So you’d better wise up on your buying decisions.
Worse yet, China is MORE CAPITALISTIC than the U.S..!
I seem to remember Wal Mart closing a few stores and pulling out but it was because of pressure from Unions and local government to unionize them...
Anyone whio thinks WAL MART will go away is sadly mistaken.
Wal Mart is one of the best run companies in America and they know exactly what they are doing.
Every product in their stores are being converted to their own version called” great value” and are directly competing with the name brands of Proctor Gamble, Del Monte, etc.
Walmart did have an increase in overall revenue.
That doesn’t change the FACT that they FAILED in those two countries.
“Wal Mart is like a 10% tax cut for every American.”
They are ok for some things. You statement is simply nonsense though.
I’m sorry, I can’t get past the misuse of the word ‘it’s’ in the title:
Wal-Mart, Big Box Retailing And It Is Inevitable Demise.
Please...It’s “its”!!!
Hudson Belk, Macy’s to name two.
“Most everything is made in China or Asia because Americans typically cannot afford UNION prices.”
eh? thats a stupid statement
” Manufacturing in general is ALL MOVING OFF SHORE.”
nonsense, you do not know what you are talking about.
” So you’d better wise up on your buying decisions.”
Yes, use care when buying anything at walmart or other discount store full of cheap crap.
Totally agree.
We're definitely on the same page.
So here in Arkansas, we have a Wal*Mart Neighborhood Market within walking distance from a New Wal*Mart Super Center. Headquarters kept the grocery store open just to see if it could stay in business next to a new Super Center.
The first two weeks, there were barely enough cars in the grocery stores parking lot to notice the place was even open. Yet, after the "novelty" of the Super Center wore off..our Neighborhood Market thrived once again.
The "smaller" store retained its popularity because we can get in and out quickly. We don't need rollar skates to go from the front to the back just to pick up milk.
I've often wondered if a "Wal*Mart Express" type store wouldn't do extremely well. They could link it up with a Gas Station. Sort of an old time 7/11 convenience store with very low prices.
sw
Walmart does NOT have a large presence in the SOUTH.
Hey, go to Publix. It’s dirty, less selection and price competition is probably about the same since Public and Walmart BOTH buy from the SAME SOURCES for the same or similiar merchandise.
Well, DUH!!!!!
The reason is the smarter paperwork-savvy leeches from urban areas have figured out how to access Section 8 housing, richer county EBT services, etc.
It's a chasing game - leeches follow affluence and abundance - and then destroy it. Regardless, overall WalMart will not be diminished if it follows its formula. It makes sense to close stores when a high percentage of your business are EBT'ers; they don't by high-end, higher profit items (if, of course you don't count the 60" widescreens around April when they get their EIC. refunds).... So, if they close one store and open a new one, for example in the county where I live (besieged by upper income flighters from EBT counties). Profit is still profit.
To claim they used the same model as today’s big box stores is a fallacy.
The issue headline is the pending demise of “big box retailers”....
Not gonna happen.
That was my point.
The Wal-Mart model is more than low prices and one-stop shopping.
They are almost never out of stock of an item. Their logistics network fill a slot almost immediately after it becomes available.
Every SKU Wal-Mart sells is number one. They sell more of every item than anybody else does.
Their model for the pharmaceutical department will revolutionize that industry I Zero is held at bay.
How do you have a radius measured in square miles?
“Saving money is the prime motivator for most of us”
This writer on one hand, says unemployment will cause these Big Box stores to close.
Yet, he thinks where these high unemployment areas are, the unemployed will be more than willing to pay more for their goods at mom and pop stores?
I suggest he keep his job as a greeter at Walmart and leave economics to the professionals.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.