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Old 08-16-2013, 12:07 PM
 
48,508 posts, read 87,818,416 times
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Quote:
Originally Posted by summers73 View Post
Fortunately, the free market is even more powerful than WM and the overall economy is not beholden to this giant. Poor customer service, online retailers, and empty shelves are hurting WM, not the macroeconomic picture.

Wal-Mart Disappoints Wall Street and Customers Alike | LinkedIn
But Wal Mart keeps humming along as well as its still better managed than most of the US including the government. Has more importance in looking at it as reflection of sector of the economy than just some talking point as seen by anti-Wal Mart political hacks.If your looking at the market reports its sector is not humming along and that has slowed the economy also.

Last edited by texdav; 08-16-2013 at 12:16 PM..
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Old 08-16-2013, 01:59 PM
 
Location: Los Angeles (Native)
25,304 posts, read 17,160,103 times
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Consumers have more choices than in the past , so Walmart will have to step up their game it seems.

Consumers should definitely stop shopping somewhere if they aren't getting the experience they want., but it is often assumed that the average Walmart shopper shops there out of necessity over choice.
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Old 08-16-2013, 03:24 PM
 
Location: Living on the Coast in Oxnard CA
16,255 posts, read 28,464,497 times
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We have 3 walmarts here and they all seem to be doing just fine. The company is building a 4th in the city next to us, meaning that I can get to 4 walmarts all within 6 miles from my home.
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Old 08-17-2013, 05:18 AM
 
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Originally Posted by summers73 View Post
Most if not all of the purchases are primary residences with no intention to rent out.
nope, you are WRONG!!!
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Old 08-18-2013, 12:55 PM
 
12,235 posts, read 14,174,135 times
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Quote:
Originally Posted by SOON2BNSURPRISE View Post
We have 3 walmarts here and they all seem to be doing just fine. The company is building a 4th in the city next to us, meaning that I can get to 4 walmarts all within 6 miles from my home.

that seems like oversaturation for sure!
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Old 08-18-2013, 12:59 PM
 
12,235 posts, read 14,174,135 times
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Walmart is a huge empire, much like McDonalds. At several points throughout their existence both have needed to reinvent their concepts. Walmart did the superstores, the mini-stores, the warehouse clubs and even ventured in to the grocery store concept.

I wouldn't count Walmart out over a bad quarter, bad year etc.
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Old 08-18-2013, 01:00 PM
 
Location: Xtreme SW Tennessee
910 posts, read 643,396 times
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@summer73 as regards produce. Agree (CD won't let me rep you anymore this thread) I drive extra miles so I can take advantage of KROGER's MUCH better produce & meats. Like most, I am on budget...want the best I can get for my money.
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Old 08-18-2013, 01:05 PM
 
18,094 posts, read 15,463,057 times
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Their current strategy is becoming mature, and competitors are eating away slowly at Walmart. Also, does a lower earnings for Walmart mean a better economy? Consumers with more spending power could easily flee for higher end retail and food stores; if I remember correctly, Walmart was one of the benefactors of the poor economy.

I have not been in a Walmart for months, the last few times I have gone, I was amazed by the lack of variety in products they have; I read up and this was a strategy that seemed to have backfired, so they were bringing back more products last I read.

Plus, I could just imagine the leakage they are having due to poor inventory management, among other things.
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Old 08-19-2013, 08:22 AM
 
Location: Living on the Coast in Oxnard CA
16,255 posts, read 28,464,497 times
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Quote:
Originally Posted by City Guy997S View Post
that seems like oversaturation for sure!
Not sure, seems to be working for them. We also have 3 area Targets, 2 of them within a few miles of each ofther. Should note the stores serve a population of close to 500,000 with the two largest cities having 200,000 and 100,000 people each.
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Old 08-19-2013, 08:26 AM
 
Location: Living on the Coast in Oxnard CA
16,255 posts, read 28,464,497 times
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Let me add something about WalMart. They are becoming known in the facilities industry as a very green company. The stores are some of the most energy efficient in the world. Many have solar panels and the plan is to roll that out to all stores. The savings to the company is over 1 billion a year in operating costs.
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