Archive for August, 2007

This is what makes Wal-Mart tremble with fear.

Wednesday, August 29th, 2007

From Al Norman at the Huffington Post: The Tesco stores, at 10,000 s.f., “will be easily accessible and offer everything from everyday staples to gourmet items. Lots of fresh and delicious food choices, including pre-prepared and organic foods, will make healthy eating convenient and affordable.” According to The Economist, Tesco’s grocery launch in America was […]

IS WAL-MART GOOD FOR AMERICA (2 OF 5)…?

Wednesday, August 29th, 2007

Originally broadcast on 16 November 2004 Jeff Hess: Have Coffee Will Write.

WAL-MART WEDNESDAY: OPEN THREAD…

Wednesday, August 29th, 2007

How do you really feel about Wal-Mart? Here’s your chance to express your true feelings — pro and con — about the world’s largest retailer. Write whatever you like in the comments section and engage your fellow readers in the conversation. Jeff Hess: Have Coffee Will Write.

The singing, disembodied, floating head of Sam Walton.

Wednesday, August 29th, 2007

Madison Magazine (go Badgers!) brings us an interview with the creators of the new Broadway musical Walmartopia: MM: Tell me about the singing, disembodied floating head of late Wal-Mart founder Sam Walton? R/C: His head is being kept alive so he can give guidance to Wal-Mart’s board of directors. I would bet there have been […]

$6.97.

Tuesday, August 28th, 2007

WKYC TV brings us another pet tragedy courtesy of Wal-Mart Stores Inc.: A Cuyahoga Falls woman says Wal-Mart should have pulled the Bestro Chicken Jerky Treats earlier than July 26th. She directly blames the treats for her Yorkie’s death. While the local animal hospital can not confirm the treats triggered the dog’s sudden kidney failure, […]

S&P cuts Whole Foods rating to junk status

Tuesday, August 28th, 2007

Standard & Poor’s on Tuesday cut its credit rating on Whole Foods Market following the company’s acquisition of Wild Oats Markets, S&P said. … Whole Foods’ strong business profile is “partially offset by the company’s credit measures that are weak for current ratings after the acquisition, its aggressive store growth plans, and its small store […]

Tom Coughlin Wal-Mart Ex-Vice-Chair Must Be Resentenced

Tuesday, August 28th, 2007

Tom Coughlin’s sentence of 27 months of home detention, 33 months of additional probation and $500,000 fine was too lenient says a US Circuit Court of Appeals. Coughlin pleaded guilty to five counts of wire fraud and one count of filing false tax returns — all felonies — in January 2006. He could have been […]

IS WAL-MART GOOD FOR AMERICA (1 OF 5)…?

Tuesday, August 28th, 2007

Originally broadcast on 16 November 2004 Jeff Hess: Have Coffee Will Write.

Aren’t they forgetting a few people?

Tuesday, August 28th, 2007

The subject of this press release is the newly-upgraded Wal-Mart in Palmdale, CA: “We are thrilled with the number of applications we’ve received. Working for Wal-Mart provides a number of job opportunities and choices for so many people, from seniors looking for supplemental income to young people just starting their work experience,” said [store manager […]

CAN WAL-MART WITHDRAW FROM THE MARKET…?

Monday, August 27th, 2007

Robert Reich, former Secretary of Labor for President Bill Clinton, thinks the Chinese could benefit from a little-old fashion government regulation; that in their race to unleash th power of free-market Capitalism, they’ve forgotten their Maoist roots. China’s problem isn’t too much government intrusion into its economy; it’s too little — or at least too […]

Wal-Mart knew that jerky could kill for a month before the recall.

Monday, August 27th, 2007

Yipee for me! I get to link to Marion Nestle: According to Wal-Mart’s own statement, it heard reports about dogs getting sick from eating these products and took them off the shelves “proactively” on July 26. Translation: Wal-Mart did not issue a recall or warn customers who might still be feeding the products to their […]

Disingenuous, to say the least.

Monday, August 27th, 2007

So Wisconsin wants Wal-Mart to pay $17 million in back taxes. Corey Himrod at Wal-Mart Watch pegs the most outrageous part of this story, the excuse: According to Wal-Mart spokesman and legal-eagle John Simley: “…anything Wal-Mart can do to lawfully reduce its costs allows the company to pass those savings along through lower prices.” Can […]

BURKA-MART…

Monday, August 27th, 2007

Jeff Hess: Have Coffee Will Write.

Noooooooooooooo!!!!!!!!!

Monday, August 27th, 2007

From Blogging Stocks: Wal-Mart (NYSE: WMT) has been buying retail chains and entering joint ventures all over the world to improve its international exposure. Now, with same-store sale in the U.S. in trouble, it is setting up a unit to look at acquisitions in the U.S. as well. According to the Financial Times [subscription], with […]

HAPPY THINGS…

Monday, August 27th, 2007

The blogger at I See Invisible People obviously didn’t get the memo about the importance of that Facebook account. Happy thing: Shopko sells just about everything needed for a college kid apartment at great prices, without the evilness factor of Wal-Mart. Jeff Hess: Have Coffee Will Write.