I will make no apology for it, if Costo was in my area, I would go there, mainly because I am fed up with the level of customer "service" I get from Wal Mart and Sams Club.
What is going to hurt Wal Mart in the end is not the unions, not govrenmnet regulations, but its own reputation for very rotten customer service. I go into a Wal Mart, and see products strewm around, and extreme rate of employee turnover with what seems to be low employee morale that makes the problem worse. On checkout lines, often maybe 6 of the 25 checkout lines are open causing a 15+ minuite wait to get checked out.
Lastly, if Wal Mart was the end all be all of Capitalism, like the lieks of Limbaugh claims, then why has its stock done squat for 6 years? For a low dividend stock, its performance has not been acceptable.
I have no clue why the stock hasn't moved. In the last five years, a LOT of stocks haven't moved, right?