Now that the American middle class appears to be rebounding, it will happily leave Wal-Mart and its cheap, degrading stores on the side of the highway. Wal-Mart, founded in 1972, can't harken back to its glory days, because it has no glory days. Wal-Mart was founded upon an idea of weakness. The American middle class was getting poorer, so the company would give it cheaper stuff. Meanwhile, its relentless cost-cutting would send jobs to the cheapest possible places in the world, accelerating the economic decline of the middle class and so creating more customers for itself. So as the economy improves the customers will flee walmart looking for better service and the Associates wont be far behind fleeing the cruel hardship employer that has put thousands on Walfare and food stamps.The economy recovering,That's probably why all the layoffs and downsizing of management that will likely find better jobs elsewhere as well as Associates.I can't see walmart ever improving.You can do better and there a lot of Jobs out there.Factory's are coming back and most likely unions.Amazon are building brick and mortar stores one in our area and several not far away.They are also delivering like UPS there items
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Don't you know: Walmart is Wall Street. It is no longer Main Street.
That's the problem.
Walmart worst day in 30 years. No they have done well
https://qz.com/1211687/walmart-sees-30-billion-in-market-cap-destroyed-by-amazon-fears/amp/
Been there 5 years in management. It’s starting to s--- more every day with time spent wondering if I have a job day by day.
So here’s to you leadership!
lol did someone get fired today? walmart is doing better than ever.
I don’t even know where to start with this post.
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The middle class is not rebounding. The raises that you’ve been hearing about still do not amount to a living wage. If minimum wage had kept place with inflation from the fifties on, it’d be almost $23 an hour now.
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Wall Street does not equal Main Street. Wall Street is not any sort of indicator about how the average American family is doing because regular people don’t own enough stock for it to matter.
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Factories are not coming back. Neither is coal. Jobs are still leaving. The next wave of jobs to be erased are cashiers, programmers, truck drivers...basically anything they can program a computer to do. And they’re working on computers doing most of it.
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Unions are dead. And they aren’t coming back to their glory days. Mostly because they didnt manipulate the political process well and because of that couldn’t negotiate for their workers well. Also, folks are so poor and cheap they don’t want to pay union dues. Part of why Walmart’s workers don’t unionize is that they are too poor to afford the dues.
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A large part of why people are leaving Walmart is that their stores are inconvenient and the merchandise is boring. People work too much to have time to browse a supercenter.
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Walmart’s prices aren’t greatly better than anyone else’s. They aren’t cheap enough to justify the hassle. And they have a reputation for poor quality.
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Customer service s---s. If I’m going to go into a store, I expect service. I don’t see Walmart ever excelling at that.
Hope that clears up what the real issues are.
Wow.....I really admire your spirit, but what a bunch of baseless drivel. Really: your enthusiasm makes me want so baaaad to buy the pitch, but the facts just don't support it.
Like, any of it.
R e a l l y.
I was going to post the same thing. Get your facts right..1962
Walmart was founded in 1962. Google is your friend.