$61.79
-0.11 (-0.18%)
Wal-Mart Stores, Inc. (NYSE:WMT)
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Wal-Mart is the world’s largest retailer, operating discount stores, supercenters, neighborhood markets, and Sam’s Club warehouses around the world.
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Over-Saturated, once economy recovers people will go back to shopping at costco and target. My reasoning behind this is that where I come from, shopping at wal-mart is a sign that you are poor. I can see people lowering their shopping at wal-mart to remove that poor stigma they receive from shopping their.
I agree. Wal-Mart reeks of a lack of class and intelligent shoppers know this. Wal-Mart makes most of their money selling cheap Chinese-made goods. This is appropriate because Wal-Mart has about the same human rights policies as China...
Yes, I agree. I see wal-mart as a self-perpetuating evil and a big contributor to the current state of the economy. If more people shop wal-mart more wal-mart stores will need to be built, needing to hire more people (at min wage with little to no heath care) putting more small businesses under, causing more people to need to shop at wal-mart and on and on and on!
Wal-Mart has caused many thousands of jobs to be lost or turned to crap when companies (like the one I worked for) felt they had to lower wages and cut costs in any way they could to compete with wal-mart. I don't know if wal-mart started the made in china low quality garbage trend but they sure had a HUGE hand in pushing it up to the volume it is at today!
I do not shop at wal-mart and will never shop at wal-mart no matter how poor I am.
What utter rubbish. WalMart is usually an asset to any community where it opens a store. Talk to the staff and while some will reply with the usual union propaganda, most are happy to have a regular job. The myth that they only pay minimum wage is just that - a myth, while they may not be the top paying employer, they provide jobs for folk who would not otherwise have a job, they also provide a basic health care package for all permanent staff.
If the snobs who are ashamed to admit they shop there, were more honest and perhaps less hypocritical they may see that while Walmart, far from being a perfect organisation, do have more to offer the commuities where they have stores than the usual multinational corporation. Who was first in the field with the four dollar generic prescription? Are either you or NVTreasure hunter suggesting that neither Costco or Target stock Chinese goods, of course they do. To WMT's credit they never did the Martha Stewart thing...
I would rather trust Walmart than any union.
Where I'm from, shopping at WalMart is a sign that you're smart.
Why get gouged at Target when WalMart can help you live within your means?
This makes no sense at all.
This makes no sense at all.
"where I come from, shopping at wal-mart is a sign that you are poor"
Indicates a lack of understanding of economic classes. What the author deems 'poor' is the majority of the country. It's true in my area, too, although the 'rich' are 6-7 figure people who represent maybe 2% of this area. IMHO, there's a long, long way to go before the economic ripples subside, which translates to an uptick for WMT from the 80/20 rule.
(Then again, I green thumbed WMT a while back and have yet to get a positive score out of it.)
unfortunately many people are losing a lot of money, and whether they like it or not they may have to lower their pride, and take advantage of cheap stores.
Walmart has an image problem. But that is mainly due to the fact that the union thugs hate that WalMart is not unionized. I love to shop at WalMart because it saves me money. And if someone doesn't like the pay scale or lack of benefits at WalMart, no one says they have to work there. What you'll find, I suspect, is that many of their employees have little or no education past a high school diploma, have few marketable skills and simply can't find employment anywhere else. And I know that some of their employees have criminal records and are on probation, which means they are not employable at many places.
What utter rubbish. Really, this is your reasoning for an underperform?
Shopping at Wal-Mart is so completely commonplace that it no longer bears any such stigma. It's pretty much a mainstay for middle class America and certainly, no one I know of considers Wal-Mart a place for "poor people" to shop. You might have a wealthier segment of the population who carries this opinion and shops elsewhere, but chances are, that demographic hasn't been effected enough by the economic downturn to stoop so low.