Wal Mart Disaster Deepens: Shelves Empty as Sales Decline

  • metta

    Posts: 39133

    Feb 28, 2013 10:38 PM GMT
    Wal Mart Disaster Deepens: Shelves Empty as Sales Decline


    http://www.dailykos.com/story/2013/02/28/1190556/-Wal-Mart-Disaster-Deepens-Shelves-Empty-as-Sales-Decline
  • Posted by a hidden member.
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    Feb 28, 2013 10:56 PM GMT

    Poor business practices. The same thing is happening up here in Canada.
  • Lukehiker

    Posts: 161

    Mar 02, 2013 3:55 AM GMT
    Yeah, this is semi-good news, though it means a large number of communities will die. Walmart drove out the artisan and small town businesses in a lot of places, so if it fails, those communities will have nothing to fall back on.
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    Mar 02, 2013 4:59 AM GMT
    WHY would anyone shop at Walmart!
  • HottJoe

    Posts: 21366

    Mar 02, 2013 5:02 AM GMT
    I seem to remember a chart someone posted on another thread which showed that most casual encounters in the US happened at Walmart.icon_eek.gif If Walmart is gone people will have to do all their shopping and hooking up online.... What is the world coming to????????

    On second thought, I guess anything is better than Walmart.icon_lol.gif
  • mybud

    Posts: 11837

    Mar 02, 2013 6:16 AM GMT
    I blame the republicans......
  • roadbikeRob

    Posts: 14354

    Mar 02, 2013 3:38 PM GMT
    Hey, what comes around, goes around. Wal Mart helped undercut many other businesses both big and small. Now the bully of Bentonville is getting exactly what it deserves for forcing so many competitors out of business. I hope Wal Mart does go under. Enough of these junky discount stores.
  • tazzari

    Posts: 2937

    Mar 02, 2013 4:11 PM GMT
    mybud saidI blame the republicans......


    Oh come on! Tax cuts for the wealthy are good for Wall Mart! icon_lol.gif
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    Mar 02, 2013 4:16 PM GMT
    tazzari said
    mybud saidI blame the republicans......

    Oh come on! Tax cuts for the wealthy are good for Wall Mart! icon_lol.gif

    Well it made the Waltons more wealthy. And even if the rich don't shop at Walmart themselves, all those part-time, minimum wage, no benefits workers the rich created do, because they can't afford anything else. icon_razz.gif
  • roadbikeRob

    Posts: 14354

    Mar 02, 2013 4:18 PM GMT
    Probably the bully of Bentonville has gotten too big for its britches. Probably it should have never expanded as rapidly as it did throughout the US and than into Canada, Mexico, Germany, China and other countries. Wal Mart might need to right size itself by shrinking down its enormous size. Not everyone is a fan of Wal Mart and its so called everyday low prices.
  • Lukehiker

    Posts: 161

    Mar 02, 2013 8:48 PM GMT
    yourname2000 said
    Lukehiker saidYeah, this is semi-good news, though it means a large number of communities will die. Walmart drove out the artisan and small town businesses in a lot of places, so if it fails, those communities will have nothing to fall back on.

    I disagree...when the shade from the big tree is cut back, I think new seedlings will spring up very quickly. For one, W's competitors are like vultures ready to swoop in --especially to steal market share from where W already monopolizes it. And secondly, a lot of these towns have empty downtown cores and I suspect many have enticing incentives to start a business.

    That vacuum will be filled quickly. Especially in the US --the entrepreneurial spirit is strong!! icon_biggrin.gif


    While it may be filled quickly in some places, in others, the simple lack of people living there will limit the chances.

    Shops like Meijer will take over some Walmarts, but the simple fact remains that Walmart was the only nation wide store, with K-mart and Target being big enough to compete. With the downfall of Walmart, those two will go ballistic buying up left and right, but local economies will still dictate what locations they takeover.

    They snap up the locations with viable economies, ignore the rest; unfortunately, the ones they snap up will Also be the ones that can rebuild.
  • roadbikeRob

    Posts: 14354

    Mar 02, 2013 9:17 PM GMT
    mybud saidI blame the republicans......
    Are you sure that it is not the fault of the extremist, liberal hensicon_question.gificon_lol.gif