To: Eagles Talon IV
Actually, Wal-Mart had the first really crappy quarter in a very long time. It may or may not be a trend. But I think that just like K-Mart, Woolworth before them, they are finally getting a serious challenge from the likes of Target, the Internet, etc.
Wal-Mart is going to remain the dominant player for a while, but they aren't going to crush folks like they used to do.
To: dogbyte12
"Actually, Wal-Mart had the first really crappy quarter in a very long time. It may or may not be a trend."That was to cover the cost of closing their German operation. That had not been succussful.
Outisde that write off, I believe they were up 3% or so.
19 posted on
08/25/2006 6:21:41 AM PDT by
drc43
(Judges... Judges... get it done, then we can discuss priorities)
To: dogbyte12
Well, "really crappy" is a relative to be sure. Much of the earnings drop was due to the sale of a few stores that weren't doing well in Germany. That aside, one quarter does not a trend make. As long as WM can deliver the goods at a lower price, they will dominate. Is Target et al a threat? Maybe, but I say "bring it on". The more competition the better. In a really free market the consumer always wins.
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