Thread regarding Wal-Mart Stores Inc. layoffs

Walmart's forgoten mantra

Sam Walton had a business model even a fool could follow. KEEP THE CUSTOMERS HAPPY.

His mantra was that a happy customer was a customer for life. Then the kids started cutting associates to pad lower sales, which lowered sales further.

Then they started part-time only hiring, which cut back on the quality of the people they could hire.

In the 20 years I worked there, not one thing was done for the customer. NONE!

All changes were to pad the stock so the Walton kids could make more money on less sales.

To think anything else is not only ignorant, but dishonest, too…

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Post ID: @OP+JuVi5Oj

3 replies (most recent on top)

Sam also believed that if you take care of your associates,your associates will take care of your business.He built loyalty with customers AND associates by making BOTH happy.

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Post ID: @1Oipj+JuVi5Oj

@pfkl - there is nothing wrong with that

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Post ID: @Bkoy+JuVi5Oj

Customer is still #2, while shareholders keep the #1 position

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Post ID: @pfkl+JuVi5Oj

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