Archive for July, 2015

WHY IS AMAZON WORTH MORE THAN WALMART…?

Friday, July 31st, 2015

That’s a good question in my book. To me this question would be like an 18th century investor pondering the question of whether his money would be better placed with a Spanish slave trader or a Portuguese slave trader. From my point-of-view, if you have money to invest, put that money elsewhere entirely, but Ben […]

BENTONVILE BRACES FOR WALMART LAYOFFS…

Thursday, July 30th, 2015

Everyone has known that the announced additional $1 billion in employee costs to be incurred by Walmart in the coming months would not be paid out of profits and shareholder value. Instead, Walmart has looked to make everyone but itself—suppliers, local governments and employees themselves—feel the pain. Now, according to Chris Bahn, writing in Firm […]

CAN UGLY BECOME A TREND AT WALMART…?

Wednesday, July 29th, 2015

A week-ago Sunday, John Oliver schooled Americans on he obscene amount of food that we throw away because we don’t think the fruits and vegetables are pretty enough. Earlier this week Jordan Figueiredo, founder of @UglyFruitandVeg and Stefanie Sacks, author of What the Fork Are You Eating? launched an online petition calling on Walmart and […]

WALMART LATE-SHIFT SHUT-DOWNS GROW…

Tuesday, July 28th, 2015

How do you lay off employees without laying off employees? Well, shrinking hours can help. By whacking off 25 percent of the hours they are open, Walmart Supercenters reduce the number of employees they need to operate. The reduction will be less than 25 percent, the store will still have stocking personnel working behind the […]

IS WALMART V. AMAZON ALL ABOUT SEX TOYS…?

Monday, July 27th, 2015

Of course, Mac McClelland nailed this story more than three years ago, but to be fair to Walmart, the company does sell sex toys online, although in a slightly more discreet manner. And dildos. Really, a staggering number of dildos. At breaks, some of my coworkers complain that they have to handle so many dildos. […]

ANALYZING THE WALMART V. AMAZON WAR…

Sunday, July 26th, 2015

When the world’s No. 1 and No. 2 retailers butt heads, Wall Street pays attention. We may be witnessing a tipping point here but I’m not willing to predict which way the market will fall because the of the bricks-and-mortar vs. shipping costs equation is not yet decided. How the government finally settle the issues […]

WALMART SWALLOWS E-SELLER YIHAODIAN…

Saturday, July 25th, 2015

People who might not be caught dead walking into a Walmart store may choose to shop at Walmart online because no one but their postal worker would ever know. As Amazon has shown, bricks and mortar are no longer the path to retail riches and in the world’s most populace nation, Walmart has secured a […]

LESSONS LEARNED FROM THE ‘ONOURABLE…

Friday, July 24th, 2015

Before there was a Walmart there was another super giant corporation that strode the Earth crushing kingdoms, peoples and economies for the financial benefit of shareholders and the queen who granted the company’s directors a royal charter—The Honorable East India Company—and the principle victims of that rapacious entity were the peoples of South Asia. Those […]

FECK…! AMAZON OUT WALMART’S WALMART…!

Friday, July 24th, 2015

For years I’ve told people I write about Walmart because, while the Bentonvile Behemoth is certainly not the only retail monster on the block, Walmart has been the biggest monster. No longer. The retail king has lost its crown. Amazon.com’s market value whizzed past that of Walmart in after-hours trading Thursday, as investors increased their […]

WALMART ROLLING BACK STORE HOURS…

Thursday, July 23rd, 2015

During my college years I worked the over-night stock shift for a small regional retailer and I can’t imagine the chaos, great loss of work, that might have ensued, if the store had been open and even a handful of customers were walking about. That experience always caused me to wonder how Walmart handled this […]

WALMART GETS ENTITLEMENTS…?

Wednesday, July 22nd, 2015

In reading yet another story about Walmart battling local governments, this time the matter involved on-again, off-again, on-again liquor permits in Pomona California, I came up short at in the third paragraph: On May 28th, I sent a letter to the City asking for the withdrawal of the alcohol conditional use permit for the (Walmart) […]

WALMART, AMAZON AND JET…? OH MY…!

Tuesday, July 21st, 2015

Just when the grudge match between Walmart and Amazon is heating up, a third contestant, Jet, dives in swinging. Sarah Halzack, in Jet is here. Let the price wars begin for The Washington Post writes: After months of testing and tweaking, the e-commerce start-up Jet.com opened its digital storefront on Tuesday, marking the official kickoff […]

WALMART SHRUGS…?

Monday, July 20th, 2015

In reading about Walmart Labs—Igor not included—I discovered the tidbit that Senior Vice President and Chief Technology Officer Jeremy King is a fan of Objectivist and Libertarians’ sociopathic pixie dream girl, Ayn Rand. Matt Weinberger, writing in How Wal-Mart hired 2,200 developers and made ‘magic’ for Business Insider tell us that: Walmart.com sees “millions of […]

WALMART AND AMAZON DESERVE EACH OTHER…

Sunday, July 19th, 2015

If there is a company I dislike as much as Walmart then the winner of that distinction is Amazon. So, I take perverse delight when the two monsters face off in grudge matches. Wal-Mart is the biggest retailer in the world with $482 billion in annual sales, making it five times as large as its […]

HOW WALMART FIGHTS BELOW THE BORDER…

Saturday, July 18th, 2015

San Antonio, Texas-based grocer H-E-B has long competed with Walmart in Texas, but 18 years ago, after Walmart took a six-year lead by forming an alliance with Mexican retailer Grupo Cifra, H-E-B followed the Bentonvile Behemoth into Mexico and got a taste of a more free-style kind of competition. Neal Morton in H-E-B takes battle […]