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Old 07-23-2020, 01:43 PM
 
Location: Downtown Cranberry Twp.
41,018 posts, read 18,189,699 times
Reputation: 8528

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Quote:
Originally Posted by PghSportsGuy420 View Post
My entire point is that dollar stores are undercutting Walmart from the bottom of the range while people with extra money to spend don't shop at Walmart, hence Walmart's lack of recent growth and dim future. Keep up.
Where’s a recent link that shows WalMart’s lack of recent growth and dim future?

How does WalMart compare with Target in regards to sales and profits?

 
Old 07-23-2020, 01:45 PM
 
806 posts, read 260,044 times
Reputation: 207
https://www.fool.com/investing/2020/...n-5-years.aspx

They're trying to make up for stagnant brick & mortar growth by trying to expand online but they're decades late to that game.
 
Old 07-23-2020, 01:49 PM
 
Location: Downtown Cranberry Twp.
41,018 posts, read 18,189,699 times
Reputation: 8528
Quote:
Originally Posted by PghSportsGuy420 View Post
https://www.fool.com/investing/2020/...n-5-years.aspx

They're trying to make up for stagnant brick & mortar growth by trying to expand online but they're decades late to that game.
https://www.fool.com/investing/2020/...s-walmart.aspx

Why are they late to that game?

Why didn’t you post a comparison of Walmart and Target sales and profits.
 
Old 07-23-2020, 01:57 PM
 
806 posts, read 260,044 times
Reputation: 207
You can certainly look those up if you'd like.

Shopping spiked everywhere in March. My Costco didn't have toilet paper for a month because people would show up when they opened and buy it all up in the first hour.
 
Old 07-23-2020, 01:58 PM
 
Location: Downtown Cranberry Twp.
41,018 posts, read 18,189,699 times
Reputation: 8528
Quote:
Originally Posted by PghSportsGuy420 View Post
You can certainly look those up if you'd like.
No need. They obviously don’t fit your narrative or you’d post them.
 
Old 07-23-2020, 01:59 PM
 
806 posts, read 260,044 times
Reputation: 207
What matters is the trend in profits. Walmart's profits are pretty flat.

Turns out people don't like shopping at a low rent dump if they can afford better.
 
Old 07-23-2020, 02:03 PM
 
Location: Pittsburgh, PA (Morningside)
14,352 posts, read 17,012,289 times
Reputation: 12401
Can you two stop diverting every single friggin threat into a pissing match to see who can have the last word? The forum is becoming borderline unreadable for me because so much time is spent on flaming, and so little time on discussion.
 
Old 07-23-2020, 02:03 PM
 
Location: Downtown Cranberry Twp.
41,018 posts, read 18,189,699 times
Reputation: 8528
Quote:
Originally Posted by PghSportsGuy420 View Post
What matters is the trend in profits. Walmart's profits are pretty flat.

Turns out people don't like shopping at a low rent dump if they can afford better.
According to the article I linked, WalMart’s profits spiked greatly a few months ago.

According to that theory, Target is in the same boat.
 
Old 07-23-2020, 02:06 PM
 
Location: Downtown Cranberry Twp.
41,018 posts, read 18,189,699 times
Reputation: 8528
Quote:
Originally Posted by eschaton View Post
Can you two stop diverting every single friggin threat into a pissing match to see who can have the last word? The forum is becoming borderline unreadable for me because so much time is spent on flaming, and so little time on discussion.
I’m genuinely curious as to stats and numbers in regards to the claims being made.
 
Old 07-23-2020, 02:12 PM
 
806 posts, read 260,044 times
Reputation: 207
Quote:
Originally Posted by eschaton View Post
Can you two stop diverting every single friggin threat into a pissing match to see who can have the last word? The forum is becoming borderline unreadable for me because so much time is spent on flaming, and so little time on discussion.
I only post during working hours. Actual free time is for cycling.
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