Archive for February, 2009

Frederick Douglass would be mad as Hell.

Thursday, February 26th, 2009

Unless they’ve significantly upgraded their book section, I can guarantee you that it is impossible to celebrate Black History Month at Walmart. I do have a good idea about how to celebrate Labor Day there, but I don’t think management would like it.

“You don’t have to pass an IQ test to be in the Senate.”

Wednesday, February 25th, 2009

Politico explains how Walmart can single-handedly stop needed labor law reform that could put money in the pockets of its own customers: Card check passed the House in March 2007 and narrowly failed in the Senate. Only one Senate Republican, Arlen Specter of Pennsylvania, broke party ranks to support cloture. Now, labor unions are hopeful […]

WALMART WEDNESDAY: OPEN THREAD…

Wednesday, February 25th, 2009

How do you really feel about Walmart? 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.

Walmart in NYC?

Wednesday, February 25th, 2009

Via Walmartwach: Will Wal-Mart Move to Union Square? …as two prime storefronts in Union Square depart (Circuit City and possibly the Virgin Megastore), there’s talk of some big-box stores moving in. They say a sales associate at a closing store tells them Wal-Mart has been snooping around and might be interested in taking over the […]

Tacky.

Tuesday, February 24th, 2009

This isn’t going to help Walmart’s reputation among African Americans.

A new business for Walmart?

Monday, February 23rd, 2009

The Diebold company supplies electronic voting machines and has been the subject of many investigations as to whether they are tamper proof or were even set to favor Republican candidates in some cases. Part of their pitch to states seems to be that they have a large presence in the state so that they can […]

Whose meat does this remind you of?

Sunday, February 22nd, 2009

Vegetarian propaganda c. 1906: Jonas had told them how the meat that was taken out of pickle would often be found sour, and how they would rub it up with soda to take away the smell, and sell it to be eaten on free-lunch counters; also of all the miracles of chemistry which they performed, […]

HOLD OR BUY WALMART STOCK… PLEASE…

Sunday, February 22nd, 2009

In the week that the Dow Jones closed at 7465.95, the lowest point since October 2002, the Wall-Street apologists continue to tout what may be the one stock that doesn’t totally suck in the hopes of getting anyone to buy something, anything. Please? This weeks plead-fest is courtesy of Alex Salkever who writes: This time […]

Walmart Settles (Again)

Saturday, February 21st, 2009

The new CEO at Walmart continues to work out settlements over labor violations, but this one is different. Wal-Mart Settles Lawsuit on Hiring Wal-Mart Stores said Friday it had settled for $17.5 million a class-action lawsuit in which plaintiffs claimed the retailer had discriminated against African-Americans seeking jobs as truck drivers. That’s the routine part, […]

Walmart and the scourge of underemployment.

Friday, February 20th, 2009

While this is hardly news to many of you reading this, I see that Mother Jones has a profile of an actual Walmart worker (via Wal-Mart Watch): [Aubretia] Edick first landed a $6.40-an-hour gig at Wal-Mart back in 2001, and over time her wages inched upward, reaching $10.50 last year. But with inflation factored in, […]

Mixed Messages

Thursday, February 19th, 2009

I keep claiming (and being proven wrong – at least for the time being) that the stock market will rally because there is so much money sitting on the sidelines just waiting to get back into the game. A perfect example of anticipation, Whole Foods: Shares of Whole Foods Market surged 34% early Thursday after […]

Who exactly “does not have the option” of a traditional bank account?

Wednesday, February 18th, 2009

I read this story earlier today: A year and a half after introducing its MoneyCard, Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research) is slashing the price of the reloadable, prepaid Visa debit card to $3 from almost $9, aiming to attract shoppers who may have grown wary of the pitfalls of credit card use. The […]

WALMART WEDNESDAY: OPEN THREAD…

Wednesday, February 18th, 2009

How do you really feel about Walmart? 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.

Is that a threat?

Wednesday, February 18th, 2009

With more consumers trading down to Wal-Mart, [Walmart Vice-Chairman Eduardo] Mr. Castro-Wright said, “We intend to keep them.” – New York Times, February 18, 2009.

PEOPLE STILL HAVE TO EAT…

Tuesday, February 17th, 2009

Walmart publishes not-disasterous sales numbers in our slide into a recession-cum-depression and Wall Street celebrates. They’re so desperate for good news that they’re clutching to every Walmart report like it’s the painter on Noah’s ark. Meanwhile, Wall Street continues to ignore that when people are counting pennies, the place where people can spend what they […]