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Subject: I may pay an extra $.50 for something, Posted by: sarge33rd - [148422311] Sat, Oct 08, 2005, 16:33 but at least I'm not contributing to the downfall of our economy. Wally-world EMPTY DOWNTOWNS. This happens in three different but related ways. First, there's the clobbering of Main Street: Wal-Mart moves in on the edges of towns, and the much smaller downtown merchants, unable to match its prices, soon go under. Second, there's the miserable wage and benefits package offered by Sam Walton's creation. And third, there's Wal-Mart's purchasing strategy, which seems to be about buying American-made products only as a last resort -- to the point that today Wal-Mart, by itself, is China's eighth-largest trading partner!(emphasis added) and some people wonder why I rail against sam waltons behemoth. | |||||||
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| 438 | Frick ID: 52182321 Sat, Apr 09, 2011, 21:45 | I should have clarified, I think class action lawsuits are appropriate, but one massive class action case is not. Lumping all levels of management and hourly employees doesn't make sense to me. Having potentially 2 or 3 class action suits would be more appropriate. | ||||||
| 439 | J-Bar ID: 48314322 Tue, Apr 12, 2011, 00:31 | hope they get more than .57 check sent to me on the Allstate class action suit. This case seems to stil be far from over and with only 3 of the 6 left it may just go away after all the stalling. | ||||||
| 440 | Perm Dude ID: 5510572522 Wed, Jun 01, 2011, 13:19 | Just how big is Wal Mart? Playing with some numbers. | ||||||
| 441 | Frick ID: 5310541617 Mon, Jun 20, 2011, 11:37 |
SCOTUS sided with Wal-Mart to not allow the certification of largest class-action lawsuit in history. WSJ There are still valid cases, but the classes will have to be narrowed and refiled. | ||||||
| 442 | C1-NRB ID: 564251210 Tue, Jul 26, 2011, 16:20 |
But would it be so cool in your country? In awe of Wal-Mart | ||||||
| 444 | sarge33rd ID: 4310132913 Wed, Nov 30, 2011, 01:53 | Hey wally world...it aint shoplifting, if the 'suspect' never left the store w/o paying | ||||||
| 445 | sarge33rd ID: 4310132913 Wed, Nov 30, 2011, 02:27 | Black Friday, Wallyworld and mob mentality | ||||||
| 446 | sarge33rd ID: 111147109 Sat, Dec 10, 2011, 21:57 | roflmao I could NOT make this sh*t up....Woman spent 6 hrs in a Wally World, making meth | ||||||
| 447 | Frick ID: 14082314 Wed, Jan 25, 2012, 09:08 |
Not sure where to put this and I couldn't find the thread where we talked Google keeping profit off-shore. Apple is growing at an amazing rate, there are 311k births/day and 377 iPhones sold/day. Apple now has cash and equivalents on hand greater than the value of all but the 50 largest companies in the world. Tech Crunch | ||||||
| 448 | sarge33rd ID: 211332319 Wed, Jan 25, 2012, 13:41 |
the fallacy of price matching {not restructed to wally world} Another stumbling block: Retailers often negotiate with manufacturers for exclusive model numbers, says Retrevo's Eisner. Sam's Club, for example, is the only retailer selling Sony BX421 televisions, which Retrevo says, aside from the special model number, are nearly identical to Sony BX420 series sets sold at Wal-Mart. But if you walked into Wal-Mart saying Sam's sells its model for less, it's likely you'd be rejected because it's not an exact match, Dworksy says. Price-matching policies typically require that the competitor with the lower price be selling the exact same item, down to the model number, he says. Wal-Mart did not respond to requests for comment. | ||||||
| 449 | Frick ID: 14082314 Wed, Jan 25, 2012, 14:16 |
There are some industries where this is common practice. Beds are a great example, same beds at most stores, you'll never see the same model number. | ||||||
| 450 | sarge33rd ID: 12554167 Mon, Sep 17, 2012, 15:40 |
Woman suing Walmart for ripping up $100 bills SAN ANTONIO (RNN) - A woman in Texas is putting her money where her mouth is, suing Walmart after a cashier and manager intentionally ripped two of her $100 bills and detained her for hours after they suspected the currency was counterfeit. According to a document from the 150th Judicial District Court in Bexar County, TX, Julia Garcia said she was Christmas shopping for her children at a Walmart store in the San Antonio area on Dec. 12, 2010. Garcia just sold her vehicle and had two $100 and $50 bills to pay for her items. When she checked out of the store at 2 a.m., she gave the cashier one of each. The cashier inspected the $100 bill, showed it to another cashier, and told Garcia the $100 bill was "fake." Garcia claims the cashier ripped up the bill in front of her without performing any counterfeit tests. She also maintains that the metallic strip in the bill was "clearly visible." After tearing the bill, the cashier tested it by using a counterfeit detection pen. The pen left a yellow mark on the bill, indicating that it was actually real. However, the cashier told Garcia that the store was keeping the money. Garcia asked to see a manager about being refunded. A Walmart employee identified in a court petition as "Russell" responded to Garcia's request. Russell agreed with the cashier's conclusion and told Garcia that she had to wait for police. When Garcia took out the second $100 bill in an attempt to prove the money was valid, Russell took the bill, told her it was counterfeit and also ripped it in half. Garcia was detained at the front of the store by Russell and another manager. She waited for two hours until the police arrived. During that time, customers inquired why the Garcia was being held, to which the managers said she was "trying to pass fake money." When San Antonio Police arrived to the store, they tested the money and confirmed the bills were real. She declined to receive the ripped bill back and police advised Walmart employees to replace them with new ones. The ordeal ended at about 5 a.m. Garcia is seeking damages, claiming employees falsely imprisoned her and caused her intentional emotional distress. She filed her complaint against the retailer on Sept. 9. UNBELIEVABLE | ||||||
| 451 | Khahan ID: 39432178 Mon, Sep 17, 2012, 16:15 |
If that is true, there are some big libel/slander (yeah I know they're different, I know one is print and the other verbal, I just can't be bothered to look up which because its irrelevant to essence of the problem) issues. When I was a hotel security guard years ago, one of the first things I was taught was to never yell something like, "stop thief." Ever. Not even once. Even if the guy was walking out of gift shop with stolen items under his shirt. I don't think that reflects on Walmart though, so much as on the idiots this particular store hired. Would love to hear that both of these employees are now ex-employees. | ||||||
| 452 | Boldwin ID: 21850177 Mon, Sep 17, 2012, 17:00 |
Someone flubbed an answer on the test. Why is everyone so draconian? I put it down to a certain segment of the population longing for a dictator. | ||||||
| 453 | sarge33rd ID: 12554167 Mon, Sep 17, 2012, 17:25 | 452, makes absolutely no sense at all...none. | ||||||
| 454 | Perm Dude ID: 3210201915 Tue, Oct 09, 2012, 22:52 |
Workers are staging strikes at some Wal-Marts. About damn time. As I've said before, "Wal-Mart" is the best rebuttal to those who want to end unions. | ||||||
| 455 | sarge33rd ID: 12554167 Fri, Nov 16, 2012, 14:49 |
Wal-Mart, a job to no where The testimonials of these workers are confirmed by Walmart’s official compensation policy, an internal company document obtained by The Huffington Post, titled the "Field Non-Exempt Associate Pay Plan Fiscal Year 2013." The plan details a rigid pay structure for hourly employees that makes it difficult for most to rise much beyond poverty-level wages. Low-level workers typically start near minimum wage, and have the potential to earn raises of 20 to 40 cents an hour through incremental promotions. Flawless performance merits a 60 cent raise per year under the policy, regardless of how much time an employee has worked for the company. [Click here to read the full pay policy] As a result, a “solid performer” who starts at Walmart as a cart pusher making $8 an hour and receives one promotion, about the average rate, can expect to make $10.60 after working at the company for 6 years. | ||||||
| 456 | sarge33rd ID: 12554167 Thu, Nov 22, 2012, 21:13 |
6 Walmart Heirs Hold More Wealth Than 42% of Americans Combined And no, THEY didnt "build it". People please, stay out of Walmart this weekend. | ||||||
| 458 | Perm Dude ID: 201027169 Fri, Mar 29, 2013, 10:38 |
Customers flee empty-shelf Wal-Marts. Apparently in some areas it is getting harder to find workers who want to be to keep stock on the shelves. It will be interesting to see how Wal Mart responds to this. | ||||||
| 459 | Mith ID: 4310402110 Thu, May 02, 2013, 10:20 | Why it's called the invisible hand. | ||||||
| 460 | Mith ID: 4310402110 Thu, May 02, 2013, 10:28 | Top 250 CEO Pay Ratios. | ||||||
| 461 | Mith ID: 4310402110 Thu, May 02, 2013, 10:55 |
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| 462 | Frick ID: 432501512 Thu, May 02, 2013, 13:31 |
CEO pay is going up significantly faster then worker pay, and that is disturbing trend for 99.99% of people. But, the chart that you posted is taking extremes and using outliers. JCPenny's CEO was lured by JCPenny to walk away from an $80M payday he had coming from Apple for working there for years. The Simon CEO's compensation is not what his W-2 shows, by orders of magnitude. He got restricted stock grants that don't vest for years, but to make the case it is all considered salary for the current year. | ||||||
| 463 | Biliruben ID: 358252515 Thu, May 02, 2013, 13:35 | The average, 200 to 1, is plenty concerning without the outliers. Agreed. | ||||||
| 464 | sarge33rd ID: 4609710 Wed, Jul 10, 2013, 21:52 |
DC council fails to crumble under threat from WalMart D.C. lawmakers gave final approval Wednesday to a bill requiring some large retailers to pay their employees a 50 percent premium over the city’s minimum wage, a day after Wal-Mart warned that the law would jeopardize its plans in the city. The retail giant had linked the future of at least three planned stores in the District to the proposal. But its ultimatum did not change any legislators’ minds. The 8 to 5 roll call matched the outcome of an earlier vote on the matter, taken before Wal-Mart’s warning. | ||||||
| 465 | sarge33rd ID: 3871221 Fri, Sep 27, 2013, 11:54 |
BOOM! According to Zeynep Ton, a retail researcher and associate professor of operations management at the MIT Sloan School of Management, in the early 2000s, Home Depot’s CEO, Robert Nardelli, moved to cut full-time staffing levels while increasing part-time employees in an effort to boost profits by trimming the expense that comes with employing full-time workers. It worked for a short while. However, as Ton notes, eventually customer service declined—and with it, customer satisfaction—leading to a severe decline of same-store sales. Wal-Mart’s penny wise-pound foolish approach to its business was further well documented in the Bloomberg article referenced earlier where they told the story of Margaret Hancock, a retired accountant from Newark, Delaware, who has always viewed Wal-Mart as her “one stop shopping destination”. While Ms. Hancock had, for years, been able to get everything she needed at her local Wal-Mart store, recent visits resulted in her failing to locate numerous items as the products were simply were not out on the shelves and available for purchase. As Hancock explained it, “If it’s not on the shelf, I can’t buy it. You hate to see a company self-destruct, but there are other places to go.” It's beginning to impact them. | ||||||
| 466 | Frick ID: 432501512 Fri, Sep 27, 2013, 13:42 | That and the fact there stores look like they belong in the 3rd world on the inside. I don't like shopping in stores that spend huge money on interior fixtures, as that money is coming from mark-ups on the items you buy, but there is also minimum to have a respectable impression. Wal-Mart cultivates a cheap mentality and it is showing up in how their employees and customers view them. And there is a difference between cheap and value. Value is great, cheap is bad. | ||||||
| 467 | Frick ID: 7631217 Sat, Nov 23, 2013, 09:43 |
Happy Thanksgiving See, Wal-Mart does care about their employees. They even put out donation baskets so they can have a Thanksgiving meal! | ||||||
| 468 | sarge33rd ID: 3871221 Tue, Nov 26, 2013, 00:47 |
Duke steps down as WalMart CEO, just beofre a stockholders meeting and the beginning of the Chrostmas shopping season This is a bad week for Walmart. Not only have workers in 28 stores spread across 12 states gone on strike, the National Labor Relations Board (NLRB) has announced the result of its probe, which went against the Benton, AK-based retail giant. So it was no surprise when the CEO, Mike Duke, stepped aside this morning, ahead of the shareholders meeting on Tuesday, and just before the holiday shopping season begins on “Black Friday.” | ||||||
| 469 | Perm Dude ID: 431013412 Tue, Nov 26, 2013, 02:14 |
You think the new guy will be working Thanksgiving Day, too? :) | ||||||
| 470 | Frick ID: 432501512 Tue, Nov 26, 2013, 08:59 |
Sure, if you mean from his Colorado estate in between ski runs on his cell phone or tablet, he will be working. I think there should be a balance of power between unions and companies. American auto manufacturers are examples of where the unions got a little to much. Wal-Mart is an example where a company has gotten way, way to much. I hope that the workers of Wal-Mart unionize, but it will be interesting to see how much Wal-Mart and the Waltons can influence Washington. I'm actually surprised that the NLRB found against Wal-Mart. I'm sure there are plenty of Washington lobbyists and representatives that are getting unpleasant phone calls wanting this to be shut down. | ||||||
| 471 | Perm Dude ID: 431013412 Tue, Feb 11, 2014, 18:26 |
As Bruce Bartlett notes, this seems very believable: Wal-Mart manager with FAQ's and responses | ||||||
| 472 | sarge33rd ID: 390471112 Tue, Feb 11, 2014, 23:52 | explains an awful lot...doesnt it? | ||||||
| 473 | sarge33rd ID: 593111219 Fri, May 16, 2014, 19:04 |
Portland to divest of ll WalMart holdings Walmart and Portland, Oregon don't mix. Portland Business Journal reports that on Thursday, Portland city officials announced it will not be making any more investments in the world's largest retailer and that the first of the city's Walmart holdings had expired. Oregon's KOIN reports that the investment pullback came after Portland leaders determined the mega-retailer is "not a socially responsible company." Portland had about $36 million invested in Walmart, or about 2.9 percent of the city's investment portfolio. The city announced Thursday that it would be free of all remaining holdings by 2016. | ||||||
| 474 | Bean ID: 5292191 Fri, May 16, 2014, 19:19 |
So, lets see...re-invest in COSTCO right? You gotta love government for profit. hehe COSTCO HQ 999 Lake Drive Issaquah, WA 98027 USA | ||||||
| 475 | sarge33rd ID: 593111219 Fri, May 16, 2014, 19:26 |
lol data was from circa 2006 or 2007.. cashier at WalMart, 8 yrs on the job, 22k/yr income. cashier at COSTCO, 8 yrs on the job, 48k/yr income. One of these things just does not belong here, One of these thing just does not belong. | ||||||
| 476 | Boldwin ID: 54351610 Fri, May 16, 2014, 19:48 |
Costco insists on a high level of commitment and value added sales ability/service skills from those employees. You can't sleepwalk your way thru that job like you can at Walmart for min. wage. I have no complaint with either approach. It's not a given which works best and on such bets, businesses rise and fall. | ||||||
| 477 | Perm Dude ID: 431013412 Fri, May 16, 2014, 23:02 | WalMart is the Welfare Queen of corporations. | ||||||
| 478 | Boldwin ID: 584491621 Sat, May 17, 2014, 14:38 | I don't know what welfare you speak of, but I do have a whacky personal theory that Walmart has a side business from which it derives it's business edge. It is hazardous to stumble on the proof. | ||||||
| 479 | sarge33rd ID: 593111219 Sat, May 17, 2014, 14:41 | what welfare? The welfare WalMart employees qualify for, despite being employed, because WalMart refuses to pay them. The welfare, provided by the tax-payer, as a profit subsidy to WalMart. THAT welfare. | ||||||
| 480 | sarge33rd ID: 593111219 Sat, May 17, 2014, 20:28 |
One Walmart's Low Wages Could Cost Taxpayers $900,000 Per Year, House Dems Find The study uses Medicaid data released in Wisconsin to piece together the annual cost to taxpayers for providing a host of social safety net programs, including food stamps and publicly subsidized health care, to workers at one Supercenter in the state. According to the report, Walmart had more workers enrolled in the state’s public health care program in the last quarter of last year than any other employer, with 3,216 people enrolled. When the dependents of those workers were factored in, the number of enrollees came to 9,207. "When low wages leave Walmart workers unable to afford the necessities of life, taxpayers pick up the tab," the report says. | ||||||
| 485 | Bean ID: 5292191 Sun, May 18, 2014, 11:30 | 478 Boldy can you step us through the logic/details of the video you are endorsing? I dont follow it at all. | ||||||
| 486 | Bean ID: 5292191 Sun, May 18, 2014, 12:11 |
In keeping with this thread's title, I submit this link for your reflection | ||||||
| 487 | Bean ID: 5292191 Sun, May 18, 2014, 12:33 |
Did you see the piece on ESPN discussing the immigrant workers in Qatar? They are preparing for the 2022 World Cup. Their population is just 2M and they have the highest per-capita income in the world. There is no path to citizenship for the migrant workers. I think Kuwait had the same demographic around the time of Desert Storm. Make of it anything you'd like. | ||||||
| 488 | Perm Dude ID: 431013412 Sun, May 18, 2014, 13:31 |
WalMart costs nearly every local community far more in services than that pay in taxes. They do so proudly and very openly--blaming the "system" for their unresponsibility. This is the very definition of welfare queen, in my book. | ||||||
| 489 | Boldwin ID: 214511715 Sun, May 18, 2014, 13:39 |
Bean re: Walmart Remember when the CIA got caught in the drug smuggling trade? Remember the Mena airport? There were a lot of murdered witnesses in those parts whose murders were covered up by Clinton's choice for corrupt AG, namely Janet Reno. Some of them went home; told their families they had seen something very dangerous to know. A week later they were murdered and their murder was declared a suicide. It's just my gut feeling...but knowing Arkansas and Clinton and the Mena scandal very well...that they didn't just witness CIA transports unloading drugs. I think they were then loading them into Walmart trucks. Or Perdue chicken trucks. There is an awful lot of traffic...and profits to launder. And some stupendously wealthy and connected traffickers. | ||||||
| 490 | Boldwin ID: 214511715 Sun, May 18, 2014, 13:40 |
PD#488 And we know how much this bothers you from you position on illegal immigration. | ||||||
| 491 | Bean ID: 5292191 Sun, May 18, 2014, 14:12 |
489 Thanks Boldy, we'll prolly never know what really happened there, the clip looked familiar though. Honestly, I never trusted the Clinton's after the stuff about real estate dealings came out. Overall the country seemed to be doing better under their administration, dont know who deserves the credit/blame for things that happened then. Anyway, attaching all things Arkansas to any drug dealing that may have happened there is a reach. Next thing you are going to to tell me is that every citizen of Arkansas is culpable in these events. I'll have to tell my brother and his kids and grandkids and my sister's son and his kids we are coming to lock them up. I'm going canoeing with all of them in two weeks on the Buffalo River. I'll ask them if they know any scuttlebutt. | ||||||
| 492 | Boldwin ID: 214511715 Sun, May 18, 2014, 14:22 |
There was a carpet cleaning business in the south east if I remember correctly which was expanding at such an amazing rate business insiders just couldn't understand what their edge was and how it could be that successful. It turned out they were dealing drugs. When I see something that can't be explained by usual means, I go looking thru all the possibilities. | ||||||
| 493 | Bean ID: 5292191 Mon, May 19, 2014, 11:52 | 493 We must remain vigilant. You heard about it because some government guy was actually doing his job. | ||||||
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Post a reply to this message: I may pay an extra $.50 for something, | ||||||||