Posted on 09/23/2010 8:55:21 AM PDT by TigerLikesRooster
* September 20, 2010, 6:45 PM ET
Watching Wal-Mart at Midnight
This comment from Wal-Mart Stores Inc. has been making the rounds on blogs and newswires the past few days. It says it all about the state of the tepid U.S. recovery. The Journal’s Al Lewis wrote about it yesterday.
Bill Simon, CEO of Wal-Mart’s U.S. business, at a Goldman Sachs conference last week, on behavior at a Walmart store around midnight at the end of a month:
“The paycheck cycle we’ve talked about before remains extreme. It is our responsibility to figure out how to sell in that environment, adjusting pack sizes, large pack at sizes the beginning of the month, small pack sizes at the end of the month. And to figure out how to deal with what is an ever-increasing amount of transactions being paid for with government assistance.
“And you need not go further than one of our stores on midnight at the end of the month. And it’s real interesting to watch, about 11 p.m., customers start to come in and shop, fill their grocery basket with basic items, baby formula, milk, bread, eggs,and continue to shop and mill about the store until midnight, when electronic — government electronic benefits cards get activated and then the checkout starts and occurs. And our sales for those first few hours on the first of the month are substantially and significantly higher.
(Excerpt) Read more at blogs.wsj.com ...
Maybe they would figure something out if they weren’t allowed to buy fast food, pre-packaged convenience food, pop, cookies, chips, etc.
Just like the rest of us have to when we have to stretch our grocery dollars.
You’re 92.9% right!!
If you’re on my dime, it shouldn’t extend much beyond beans, rice, a few fresh fruits and veggies, dark meat chicken, and maybe hamburger. Oh, and pork shoulder.
I understand the evening and night shift crowd, but those working heros are not waiting for the Eagle to sh** at midnight.
Ours closed at midnight about two years ago and blamed sketchers stealing stuff for the closure.
Funny. My Maine woods raised adopted black daughter went to DC a few years ago to visit a friend (white). While down there, she was always picked out as being from out of town by ticket-takers, guides etc. She couldnt figure it out at first, She is a big girl and a nice milk chocolate brown. Then she realized she did not have fake nails, did not have hair extensions(she has waist length curly hair) and that her clothes fit her instead of being two sizes too small from black companies. She realized her complexion did not matter as much as her presentation.
She was an out of towner and they knew it.
sketchers? ... not familar with that term.
The EBT Queen syndrome transcends race. I never implied such. In fact, in my neck of the woods most that I see in Walmart are white if that matters. It is just plain wrong either way.
The EBT Queen syndrome transcends race. I never implied such.
Never took it as such. Just an observation of differences.
“Also, if kidnappers aren’t going to Walmart, they’re missing a fish-in-a-barrel situation.”
Walmart is covered in security cameras inside and out.
Few weeks back my Girlfriend’s car was hit in a wallyworld parking lot by a guy cutting through parking spaces. He denied it and said it was GF’s fault until a walmart employee handed the cop a disk of the security video which played on the cop’s computer and showed the clown cutting across the parking paces.
>>sketchers? ... not familar with that term.
Probably in the usage of “a sketchy person”.
http://www.urbandictionary.com/define.php?term=sketchy
No, that’s 92.7%...
And we’ll throw in a can of cranberry sauce for Thanksgiving and Christmas. :P
FWIW, this first made the rounds last December:
http://www.reuters.com/article/idUSTRE5BH2C220091218
One of the things she said, and I am paraphrasing here, is that it was a shame the Hurricane hit before the first of the month when most of the New Orleans residents get their Government checks.
I kid you not.
You just described South Florida after “Wilma” and numerous other storms! The majority of people in this country would not be prepared for any quick snapped emergency, lasting more than a day!
Meth users
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