What happens to Walmart when people run out of money?

▲
0
0
▼

What happens to Walmart when people run out of money?

invite response
2013 Feb 16, 1:49pm 20,979 views 48 comments

http://www.businessinsider.com/walmart-struggles-with-payroll-taxes-2013-2#ixzz2L6QC8lkE

Wal-Mart shoppers are the barometer of the U.S. consumer, and these emails reflect common sense about customers," Sozzi told us. "The consumer isn't mentally or physically ready to spend on discretionary inventory and there's no reason to be optimistic." "The fundamental health of Wal-Mart's customer is concerning," Sozzi said. The numbers Wal-Mart reported at earnings reveal a troubling trend. Traffic is nearly flat from a year ago, and Sam's Club executives said that customers aren't shopping as much. The Wal-Mart executives blamed the hike in payroll taxes and a delay in tax returns for why customers aren't shopping, according to...

« First « Previous Comments 44 - 48 of 48 Search these comments

44 carrieon 2013 Feb 24, 3:39am

I love Goodwill, but really dislike the dollar store. Too much of their stuff is crap. I go in twice a year to buy gift bags. The rest of it is not helpful to me at all.

Gosh, you are missing out on the best part of Dollar General? If you want quality, just be a snot and pick up the discounted name brand products only.
This is where they destroy the quick stops and retail chains.

Oops? I just noticed you said dollar store. Please don't confuse dollar stores with Dollar General. Hopefully, you have them in your area?

45 MMR 2013 Feb 24, 4:15am

That's certainly one way of looking at it, but shopping online is a boon for people who don't drive/own a car. Also, saves gas and energy of having to deal with the general public.

Reality says

Walmart doesn't have the best price or quality, but for the sheer variety that one can buy all in one place, it's not a bad deal for minimizing driving.