WalMart

[sparkeyjames]

I do not appreciate the WM, I read some documentary on their business practice and I do believe them to be evil!
MHO

I'm with you on this one. I have in the past here let my feelings be known about Wally world.
Dirty stores, inattentive and rude staff, underhanded business practices etc. etc.
Won't set foot in one. Give my business to other more customer oriented companies.

[leehljp]

Walmart VS Dollar Store

This was posted here once before a couple of years ago by someone. I just had to re-post it.



http://www.bt3central.com/attachment...1&d=1197097446

[gsmittle]

This was posted here once before a couple of years ago by someone. I just had to re-post it.

[ATTACH]7872[/ATTACH]

http://www.bt3central.com/attachment...1&d=1197097446

Add me to the list of people who don't shop at Wally World, for all the reasons stated above.

g.

[Tom Slick]

Costco may pay employees more and the CEO less but Walmart is the winner when it comes to shareholders equity/value/returns... What does that tell you?

What it tells us is that we are more concerned about saving or making a buck then we are helping our own neighbors.

The CEO of costco chooses that salary as "fair" he wants is compensation to be performance based, hence the stock options.

interesting article
http://abcnews.go.com/2020/Business/story?id=1362779

comparison
http://www.businessweek.com/magazine...8084_mz021.htm

[havighurst]

"I still don't get the Walmart bashing about benifits, low salary and part time employees. If Walmart were not employing these folks would they be better off unemployed with little to no income? Sure it would be great if their employees had great benifits but that's not the business model and anyone who is disatisfied with it doesn't have to work there or shop there. Seems like a lot of folks don't give a rats behind about it or they wouldn't be so successful. Seems like a bunch of whining to me."


The real issue regarding benefits is that it costs each state millions of dollars a year to provide health insurance to Wal-mart employees via the Medicaid program. The middle class pays the lions share of taxes in this country, as a result our tax dollars go to provide health care coverage for the richest company in the world. It isn't whining, it is a matter of priorities for states. I live in Michigan and the growth of the Medicaid program has had a huge impact on the state budget. So do lawmakers not provide health care coverage or fix the roads; hire more police, etc. They provide Medicaid to those who need it. The fact that Wal-mart is allowed to this is the real problem that the rest of us are paying for in one way or another.

[Black wallnut]

here is a staggering number, for every 1 mile per gallon Wal-mart's truck fleet gains the company saves $1 billion. Wal-mart may end up leading the "green" side of doing business because their economies of scale are so large that pennys turn into millions.

NOt so hard to imagine the boost to the bottom line an increase in MPG of just one mile will give when we are talking about trucks which even if they are getting excellent mileage a 1mpg increase could easily be a 12.5% increase. I work for a fleet much smaller and since most of our business is heavy haul if we could realize a gain of even a quarter of a mpg it would save us big bucks. ~400 power units burning >75 gallons per day 5 days a week @ >$3.00 / gal. In the transportation industry fuel now is a higher cost than driver wages. Walmart being green because of lower fuel use; guess parking lot runoff of spilled pesticides and fertilizers must be overlooked.

[MikeR]

Sam Walton

Many years ago (I think it was in 1977), I cold called on WalMart (193 stores then). I flew into Fayetteville, rented a car and drove up to Bentonville. It was pouring when I arrived.

Parked the car in front of headquarters and proceeded to unload two enormous sample bags while getting soaked. A pickup truck pulled up behind me and a guy got out followed by two dogs. He was dressed in a plaid flannel shirt and cords. Walked over and asked if he could help with the bags.

Told him certainly, I would have taken any help at that point. We got the bags into the building and he held out his hand, introducing himself; "I'm Sam Walton and I thank you for making the effort to come and see us".

Walked away with a sizeable order and long felt gratitude towards Mr. Sam.

After his death, I think that the company lost its soul. Became predatory towards its vendors. Very difficult to do profitable business with them now.

I certainly enjoyed dealing with him and miss his homespun humor.

Very good guy.

Cheers,

MikeR