The Waltons are looking to divest Sam’s Club from the enterprise. Talks are in the works with potential buyers.
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Fake News!!
Bread vendors now have inside information about Sam’s being bought out by Costco.....
Now that takes the cake! Are these the same guys that can’t rotate product correctl? The same guys that always overstock us or have empty racks with no product early afternoon most days. These guys have insider information about one multi billion dollar company purchasing another multi billion dollar company?
Just when I thought I’ve seen it all, the person who posted the 2 years and counting corporate take over bid from Costco says “hold my beer, let me show you what being delusional looks like!”
Our bread vendors have been saying this for about 2 years that costco is in talks to buyout sams club. I hope so for all our sakes
OP must be Jim Cramer from CNBC :eyeroll:
OP please give us a heads up when the bidding for the Sam’s Club spun off is nearly done. I’d like to buy some shares or maybe see if my broker recommends I sell short in WMT stock.
Tia!
Troll post.
@1nij I have 2 Sam's in my immediate area in Michigan. We have a Costco within a few miles of each. If, and this is a very big IF, Costco bought them, the Sam's would be closed.
Costco buying Sam's? Nah. I mean they could but that wouldn't be a lovely experience as they would probably pick and choose locations and close the rest.
Let's see. Walmart is a public company. Waltons are largest shareholder. Sam's Club makes up 10% of Walmart's income. Sam's Club was named after the founder of Walmart and father of the Waltons. So please tell me why the Waltons/Walmart would take a 10% hit in their billions, make an embarrassment of their father/founder to justify spinning off Sam's Club. Not to mention who would buy us? Costco? Nope. BJ's? I don't think they could take us on. Unless Walmart got a huge stake in whatever company would buy us. Plus comps are positive.
Please. PLEASE! Let the buyers be Costco. If there is still a God residing in Heaven above I beg of you..........PLEASE!!!!
I could really use the extra money. And I long to remember how to feels to be treated as a valuable asset by my employer rather than as a smelly, rancid bodily byproduct that, while I was taken in and served as something nourishing and vital to the body, they now consider to be little more than a smelly and embarrassing excretion that must be flushed away as quickly and quietly and with as little residual public stink as possible. And I'm so, so weary of the irrational production expectations and intimidation that has become the cultural norm to be flatulated into the clubs from the bowels of Bentonville.
PLEASE............JUST................DO................IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IF i was a H.O. Informant I wouldn’t put that info in the anonymous name section js
There’s no reason to bring your mom into this conversation.
Going to happen for the clubs that cannot be converted to the "NOW" model in 2 years.
We're being bought out by ToysRus
Big Lots is buying us out.
Fake news
That would explain why the executives were all in meetings during YBM.