Archive for August, 2015

WALMART IS GREEN, GREENBACK GREEN: III…

Monday, August 31st, 2015

(Previously in WALMART IS GREEN, GREENBACK GREEN… Part I, Part II.) Yesterday I began to examine Naomi Klein’s reporting on Walmart’s ties to Big Green—the cadre of once-environmental groups perverted by the lure of money and access provided by the worst of the polluters. Klein concludes: And this is the heart of the issue—not simply […]

WALMART IS GREEN, GREENBACK GREEN: II…

Sunday, August 30th, 2015

(Previously in WALMART IS GREEN, GREENBACK GREEN…) Yesterday I began to examine Naomi Klein’s reporting on Walmart’s ties to Big Green—the cadre of once-environmental groups perverted by the lure of money and access provided by the worst of the polluters. Klein continues: Nor is the Environmental Defense Fund the only environmental organization to have benefited […]

WALMART IS GREEN, GREENBACK GREEN: I…

Saturday, August 29th, 2015

In the early ’90s I was first editor of the Municipal Edition of Recycling Today and was later promoted to Executive Editor of the Recycling Media Group. (A few years later I helped launch and served as Senior Editor for the Crain Communications startup Waste News.) In those roles I had occasion to speak with […]

WALMART LAUNCHES TOY WEEK/BLACK FRIDAY…

Friday, August 28th, 2015

Ho! Ho! Ho! The holiday shopping season starts Friday, 4 September, at Walmart, nearly three months before Black Friday and a whopping 112 days before Christmas. Krystina Gustafson, in Wal-Mart’s Holiday Layaway Program Begins Two Weeks Earlier for NBC News, breathlessly tell us” Wal-Mart shoppers will be able get a head start on their holiday […]

WALMART ATTACKED BY WALL STREET…

Thursday, August 27th, 2015

Walmart is a class traitor. That is the core message from an opinion piece in The Wall Street Journal. Headlined More Minimum-Wage Backfires, the unsigned editorial singles out Walmart for threatening the wealth of investors by giving in to the growing minimum-wage movement. The campaign for higher minimum wages continues to inflict damage on business […]

WALMART UNSHELVES ASSAULT WEAPONS…

Wednesday, August 26th, 2015

Nearly 40 years ago I seriously considered buying an AR-15, the civilian, semi-automatic version of the M-16, but not for varmint hunting. I was a 20-something card-carrying member of the National Rifle Association with an attitude. Good sense prevailed and I spent my $300 elsewhere. Conspiracy aficionados notwithstanding there simply is no good reason to […]

KATRINA HIT ONCE, WALMART HITS 24/7/365…

Tuesday, August 25th, 2015

We did what we could here in Cleveland to help the survivors of Hurricane Katrina in New Orleans. Walmart chipped in as well. On the 10th anniversary of New Orleans nearly disappearing, Walmart wants to feel good again and thinks that $5 million dollars a year for five years, spread across the whole globe, is […]

DOES WALMART HAVE FIVE YEARS…?

Monday, August 24th, 2015

In the bad old days of Soviet-style communism, the path to the workers’ paradise was through a state-directed economy and the No. 1 tool for making that direction a reality was the five-year plan. Planning five years into the future is, at best, a hail-Mary exercise. There is simply too many unknowns. Yet, Adam Levine-Weinberg, […]

WALMART CULLED MADE-IN-THE-USA FIELD…

Sunday, August 23rd, 2015

Walmart must bear great responsibility for drastically winnowing the expanse of manufacturing in the United States by demanding suppliers constantly hit lower and lower cost targets to feed the Bentonvile Behemoths lust for falling prices. That strategy worked in the short term, but now the company wants to once again tout the Made In The […]

WALMART VS. AMAZON VS. JET; WHO WINS…?

Saturday, August 22nd, 2015

There is nothing Nature, or business, hates more than two of anything. Monopolies are the gold standard, but having just two entities, going head-to-head, is an abomination. So, that a third company would challenge Walmart and Amazon in what I think is the future of retailing, was to be expected. Sarah Halzack decided to do […]

AFFORDABLE CARE ACTS HITS WALMART…

Friday, August 21st, 2015

Yesterday I noted that Walmart CEO Doug McMillon cited pharmacy reimbursements as one of the reasons his company’s earnings per share numbers fell short. What was McMillon talking about? The Washington Post’s Carolyn Johnson in How health care reform adds to Wal-Mart’s pharmacy woes explains: A footnote in Wal-Mart’s second quarter earnings release this week […]

MCMILLON TAPS PHARMACY, SHRINKAGE, WAGES…

Thursday, August 20th, 2015

Wall Street, and the players there, are not happy with Walmart’s numbers. Sam Ro, writing in Walmart whiffs and warns for Business Insider ledes: Walmart’s quarterly financial results are out, and the numbers are a bit weak. A bit, Sam? The retail behemoth reported $120.3 billion in revenue, which was a hair higher than the […]

HAS WALMART HIT A GROWTH CEILING…?

Wednesday, August 19th, 2015

This past week I had occasion to discuss straight-line calculations with one of my students. He grasped the idea of being able to ascertain a growth (or depreciation) trend using simple linear equations: f(x)=ax+b but was not so quick to see the flaw in all such calculations: no line can continue forever. I don’t think […]

SAM’S CLUB WANTS TO GO UPSCALE…?

Tuesday, August 18th, 2015

I learned a fact about Walmart today that I never knew before: households earning $45,000 a year are the Bentonvile Behemoths sweet spot. Not coincidentally, I’m sure, the most recent figure (2013) for the median household income in the Unites States s $51,939. So, Walmart wants to low-ball the median by just a skosh. Sam’s […]

WHAT IS LIBERALIZING WALMART SHOPPERS…?

Monday, August 17th, 2015

The demographic of the Weekly Walmart Shopper is politically changing, and not in the direction you might think. The person shopping at Walmart on a weekly bases is more likely to African American or Hispanic and liberal or moderate than just a few years ago. What is driving this change? John Zogby, in The Dramatic […]