Wal-Mart's every day low stock price

[Ernesto]

NEW YORK (CNN/Money) - Wal-Mart's big yellow smiley face hasn't had much to be happy about lately.

The world's largest retailer has seen same-store sales growth rates at its U.S. stores dwindle during the past few years. And the company has lately come under fire from unions, small business owners and minorities.


http://money.cnn.com/2005/08/12/markets/spotlight/spotlight_wmt/index.htm?cnn=yes

[xxqqqzme]

1. that's because they're parasites

on a communities life line.

It is getting hard though - w/ Target handing money over 2 steroid boy by the bag, I've had to seek out a K-Mart which is not easy w/ all the stores they closed.

[AndyTiedye]

5. I Always Try to Find it at Costco First

Best quality and best prices and blue.

What's up with Target though? I thought they were one of the good ones.
But they seem to have turned rather red lately.

I don't think Walmart is too popular around here. They've only got
one store on the peninsula (which has many Targets and Costcos).
It's off on a side road and never looks too busy from the outside.
I haven't been inside it.

[LSU_Subversive]

15. i wish we had a costco around these parts. the nearest one i can find is

about 8 hours away-in austin. why isn't there one closer anyways? there's certainly plenty of wal-marts.

[Massacure]

16. You can buy things online from them.

[LSU_Subversive]

18. yeah, i'll have to start looking into that. savings is important to me,

though, and i wonder how much i'll really save after shipping & handling are figured in.

[fiveleafclover]

12. We still have a K Mart here, one of the big ones

It's right across from the huge Walmart. What a shock it hasn't been closed down yet! There's hardly ever that many people at Kmart, but Walmart is always going day and night.

[Rainscents]

2. Burn baby burn Walmart!!! Go to hell and crumble!

[Conservativesux]

31. I'll second that !!!

[barb162]

3. I sure don't notice it from the Wal-Mart closest to me

That place is popping 24 hours a day, lot is always filled

[shanti]

8. mine too

they took out a small shopping center with about 15 businesses, restaurants and a bowling alley and replaced them with a safeway, walmart, and payless. i avoid walmart like the plague. good thing that there is a target close by too.

[HockeyMom]

25. I have ALL of them

COSTCO is always the most crowded, followed by KMart and Target. WalMart is an empty parking lot. I am suprised than are still paying their rent on their mega store.

[In_The_Wind]

4. I don't shop at Wal-Mart.

I also encourage my friends to stay out of Wal-Mart.

[Seabiscuit]

33. I've never so much as set foot in a Wal-Mart parking lot, and never will.

[Al-CIAda]

6. Manufacturing jobs?

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http://www.oldamericancentury.org/about.html

[Javaman]

7. The reality is: china-marts best days are now behind them....

When was the last time you saw a china-mart commercial touting low prices???

Since China has moved away from the US dollar exclusively, the price of imports are going to go up. That with the rise in gas prices will drive up costs for their cheapest crap.

Knowing china-marts practices, in the past they have strong armed their suppliers into lowering their wholesale price out of fear of losing china-marts business.

now that gas prices are going way up, will china-mart strong arm the oil companies? I would love LOVE to see that fight and wanna guess who will win? LOL

[TheFarseer]

9. China-mart, I love it

That's what I'm going to call it. As far as China-mart vs. Big Oil, there is nothing funnier than a big bully getting his ass kicked by an even bigger bully!

[Ernesto]

20. Geek Mart is what I call it............

It's like going to a freak show starting with the greeter at the front door, then of course the rest of the cast of wierdos that work and shop there.

[rogue_bandit]

10. That explains their effort to "Targetize"

I have heard that they are going to upscale the look and product line a bit. I'll bet they don't, it's just an advertising ploy to get the prices back up to where they belong...now that they have taken over the retail industry and closed the mom and pops they don't need 'low price leadership' anymore.

[Deep N RedLand]

11. Always go to Costco or the last Kmart we have left...

...for merchandise and Winn Dixie for groceries.
Last time I stepped foot in Wart-mart was last year during the hurricanes due to the fact it was the only thing open and felt the need to take a good, long shower afterwords.

Even if it wasn't for all their evil crimes, a shopping experience at a super center is always like rush hour on the Tokyo subway with 3 foot aisles and can be stressful for those of us who hate those kinds of environments.

The bummer is that Winn Dixie and Kmart are closing stores and once that happens there may be no alternative for things that Costco doesn't have.

[MichiganVote]

13. Walmart = Bush and Company. Same MO

[Zorra]

21. Yep. Wal -Mart is like the number one campaign contributor to Bu*hco

and republicans.

No Democrat should EVER shop there.

[NYC]

14. H.R. 3042.

HR 3042, Health Care Accountability Act introduced by Weiner (D-NY) to report on Medicaid use by employees of large companies, companion bill, S 1286, 896

That would include Wal-Mart.

[lovuian]

17. It takes alot of gas to get those Chinnese products to market!!!

Rots a ruck Walmart!!!

[Voltaire99]

19. Loved this bit

"...it's going to have to get a younger, hipper consumer to start shopping at its stores.

...Of course, there are some risks. Wal-Mart's campaign to attract new shoppers could backfire if the company alienates its core customer base."

Pfffft.

One, no "younger, hipper" customer is going to materialize.

Two, the "core consumer" is the debt-indentured working poor, who are likely to keep shopping at the only place they can afford. Even if they wanted to shop somewhere else, Wal-Mart's predatorial pricing has in many places wiped out the competition.

[WLKjr]

22. I am willing to share my experience working for them now if anyone want's

to know

[Doremus]

24. Do tell, WLKjr. n/t

[WLKjr]

26. I will post later when I "offically" quit

I got a better job that pays me $35k a year and free health care insurance, and reasonable dental coverage. I don't need them any more. I just want to get the rest of my vacation days..........

[Doremus]

27. I don't blame you. I'll be watching.

Did you get a job at Costco by any chance? There's a company that appreciates its employees.

And more profitable than WalPuke. :thumbsup:

[Rebellious Republican]

28. Get a job with Costco, the take care of their employees...

better pay and benifits!
:toast:

[WLKjr]

29. No this new job also kicks Costco's ass

I will not willing enter retail ever again unless one of two things happen:

I have to due to finacial hardship


or


I open my own computer store

[Rebellious Republican]

30. Way cool, my wife went back to college to get away from retail

best move she ever made. Retail sucks!
:toast:

[WLKjr]

37. Yes it does, yes it does.

I got my A+ certification and will have my Associates soon (in November) in Computer Network Systems.

[Doremus]

23. Someone in denial?

"Wal-Mart's earnings are expected to grow at about 14 percent a year for the next five years, a healthy pace for a company of its size."

Sounds like somebody's got a serious case of peak oil denial.

Good. The less they plan for it, the worse it'll hit them. Just wish I could be a fly on the conference room wall when the reality sinks it. What do you mean we can't get anymore cheap crap from China?! Tell them they better find some, dammit! :)

[Democracy_The_Clown]

32. Not Really

When China gets too expensive WalMart will find another source of very cheap (AKA non-living wage) source for their goods.

I'm pretty sure the next source of cheap goods for Walmart and the next "economic miracle" will be the Gaza strip.

Very high unemployment, almost no economic development, and very youthful, uneducated and ignorant demographics.

Just made for exploitation.

[Doremus]

34. That may be true, but that isn't the point.

Peak oil is a global problem. When sweet crude runs out (as many think it has), it will increase costs of raw materials, manufacturing and transportation.

No more cheap oil = no more cheap junk for WalMart.

Boo f'ing hoo.

[VADem11]

35. Buy Costco

They're kicking Wal Mart's ass.

[yowzayowzayowza]

36. Looks like WalMartz race...

to the bottom is done. Good riddance.