Archive for June, 2008
Thursday, June 19th, 2008
Dave Colomb thinks we’re all picking on Wal-Mart and that we should stop because it’s not fair, and stuff. It’s not right to pick on the world’s largest corporation. Colomb’s standard Libertarian stance falls apart right in his opening paragraph: It’s time to stop picking on Wal-Mart. Let me explain first, that I worked for […]
Posted in Recession | 3 Comments »
Wednesday, June 18th, 2008
It’s time for Wal-Mart to make a repeat performance as “Worst Persons in the World.” From the Phoenix New Times: Herm Teague made people around him feel good. He always had a friendly “question of the day” for those he knew and a smile for those he didn’t. The idea of getting paid to schmooze […]
Posted in Employment, Litigation | 15 Comments »
Wednesday, June 18th, 2008
The perception, and I would still argue the reality, of negotiating with Wal-Mart is simple: Wal-Mart presents its requirements and the vendor either meets those requirements or Wal-Mart goes elsewhere. So Julie Hanna’s perspective this morning surprised me. Hanna writing in the Harvard Business School’s Working Knowledge blog, examines two business cases that argue that […]
Posted in Vendors | 1 Comment »
Wednesday, June 18th, 2008
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.
Posted in Walmart | No Comments »
Wednesday, June 18th, 2008
I downloaded a new album last night: “Viva La Vida or Death and All His Friends,” by Coldplay, perhaps the only band I like these days who I’m sure are younger than I am. I paid $8.99 at Amazon. If I had Windows and if had the bad judgment to download it from Wal-Mart.com, it […]
Posted in Music | No Comments »
Tuesday, June 17th, 2008
The talk on Wall Street over the last few months has been how Walmart would benefit as shoppers became too strapped to go elsewhere. This story translated into a rise in the stock prices. Apparently Walmart doesn’t believe this scenario: Wal-Mart lowers capital expenditure forecast for fiscal 2009 Walmart lowered its capital expenditure forecast for […]
Posted in Wall Street, Walmart | No Comments »
Tuesday, June 17th, 2008
Here’s the story of yet another lawsuit against Wal-Mart, but this is a little bigger than the slip and fall variety: Adidas AG, which was awarded a $304.6 million verdict against Payless ShoeSource on May 5 for selling knockoff striped sneakers, is poised to win even more from Wal-Mart Stores Inc. in a lawsuit making […]
Posted in Litigation | No Comments »
Tuesday, June 17th, 2008
At least he’s making the right noises, but could someone please explain this Jason Furman quote for me?: “I think it’s completely understandable that folks would be concerned with what I’ve written about Wal-Mart,” Mr. Furman told The New York Sun. He said some people failed to recognize that the paper argues for aggressive, direct […]
Posted in Economics | 2 Comments »
Tuesday, June 17th, 2008
While I currently make my living as something of an educational fixer, my vocation is writing. So when I read a Jurgen Wolff’s conclusion on Time To Write this morning, a cold shiver ran down my spine. Could Wal-Mart really do to publishing what it’s doing to music? How long before Wal-Mart [eliminates the middleman] […]
Posted in Books, Competitors, Non-Groceries | No Comments »
Tuesday, June 17th, 2008
Cigars and brandies all around for the folks at Edelman. The effusiveness of the recent Wal-Mart love fest leads me to believe that only two possible tasks remain for the public relations firm responsible before it rides off into the sunset, its job here done. Either President George Bush, in imitation of Charles II, dismisses […]
Posted in Edelman, Public Relations, Walmart | 2 Comments »
Tuesday, June 17th, 2008
Here’s the fabulous Ellie Kay: Today, with higher gas prices, many families are choosing to invest their vacation dollars in purchases that will last a lot longer than a three day trip to a themepark and cost about 1/10 as much. For example, some families are buying the kids a swingset or waterslide, and investing […]
Posted in Make Your Dollar Stretch | No Comments »
Monday, June 16th, 2008
Brian White thinks that monopsony is a good thing because, in the case of Wal-Mart, the power of being the biggest, and in some cases the only, buyer of a wide range a products is allowing Wal-Mart to single-handedly stave off big, bad inflation. From Blogging Stocks: It seems odd that [Wal-Mart] could be responsible […]
Posted in Customer Satisfaction, Economics, Groceries | 7 Comments »
Monday, June 16th, 2008
This post is my good deed for the day. From Blogging Away Debt: We hopped in the car and headed to Walmart. The main goal of the trip was to purchase healthier food. We went up and down the aisles, looking at the nutrition labels. Both my husband and I couldn’t believe how much sodium […]
Posted in Meat | No Comments »
Monday, June 16th, 2008
Walmart may be the “biggest” firm in the world by some measures, but it also has the world’s biggest black eye. Several decades of really bad treatment of customers, neighbors, employees and suppliers have made it a synonym for how not to manage a modern corporation. This tidbit from a local story will illustrate their […]
Posted in Competitors, Walmart | 2 Comments »
Sunday, June 15th, 2008
Yesterday, struggling with a bout of low expectations, I argued that Barack Obama had to pick economic advisers who believe in so-called “free trade” because every economist believes in free trade. Robert took me to task for this, and listed a bunch of economists who believe otherwise. Well, I found someone who isn’t exactly anti-free […]
Posted in Customer Satisfaction, Economics | No Comments »