Is Wal-Mart in Trouble? (Page 2): Exactly. Buffett's no dummy.

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AuntiE wrote:

The only area of loss was the grocery division. It was quite hard trudging through the article. Once the article started a comparison with Whole Foods, I skipped slightly forward. The retail section had a nice increase.

Exactly. Buffett's no dummy.

oldroy Loc: Western Kansas (No longer in hiding)

AuntiE wrote:

The only area of loss was the grocery division. It was quite hard trudging through the article. Once the article started a comparison with Whole Foods, I skipped slightly forward. The retail section had a nice increase.

I saw what you say and had to wonder what kind of a prog would post something like that. Well, now, I knew right away when I read to the end.

AuntiE Loc: 45th Least Free State

oldroy wrote:

I saw what you say and had to wonder what kind of a prog would post something like that. Well, now, I knew right away when I read to the end.

Well, Margaret :lol:, I only read to the portion showing it was about the grocery division. Slate 90% of the time will do this type of thing in their articles. Quite frankly, slate could see a Democrat rape, pillage and plunder without seeing any problem at all!!!

oldroy Loc: Western Kansas (No longer in hiding)

AuntiE wrote:

Well, Margaret :lol:, I only read to the portion showing it was about the grocery division. Slate 90% of the time will do this type of thing in their articles. Quite frankly, slate could see a Democrat rape, pillage and plunder without seeing any problem at all!!!

I see that we both see the same thing where Slate is concerned. They part of that article I liked best was leaving that good part till the end because most progs only read what they want to see and it was deep enough to keep them from seeing it.

AuntiE Loc: 45th Least Free State

oldroy wrote:

I see that we both see the same thing where Slate is concerned. They part of that article I liked best was leaving that good part till the end because most progs only read what they want to see and it was deep enough to keep them from seeing it.

And they hate Wal Mart because the union thugs have not been able to get even a toe through the door.

oldroy Loc: Western Kansas (No longer in hiding)

AuntiE wrote:

And they hate Wal Mart because the union thugs have not been able to get even a toe through the door.

I think that is a lot of the problem.

ABBAsFernando Loc: Ohio

OPP Newsletter wrote:

http://www.slate.com/articles/business/moneybox/2013/05/wal_mart_sales_decline_america_s_largest_retailer_is_slipping_as_customers.html

How Amazon and the strengthening economy are threatening the once-invincible retail giant.

Well, Walmart is on the Internet as well! Bottom line is price with many people and as the Kenyan destroys more and more pissing away the value of the dollar this company will rise in power serving a much needed service!

Kaitty Loc: Florida

Oh, thanks for the clarification. I wasn't really concerned but interested especially now that we rely on Walmart. The medical bills have piled up and are choking this family so we are taking it out on grocery shopping. Can you believe 2000 pages outlying Obamacare and the cost! Plus the outrageous amnesty bill they have been pushing for years. The Mexican people can read newspapers too etc and illegal immigration has tripled with the high expectation of citizenship and all the free income of one kind or another.

Dave Loc: Upstate New York

Forget that Wal-Mart regained its position as having the largest revenues in the world - understand that someday Wal-Mart will, like Sears-Roebuck before it, will fade - that's called the creative destruction of market economies.

AuntiE Loc: 45th Least Free State

Dave wrote:

Forget that Wal-Mart regained its position as having the largest revenues in the world - understand that someday Wal-Mart will, like Sears-Roebuck before it, will fade - that's called the creative destruction of market economies.

As my background in economics and the definitions of economic terms is sorely lacking, I will still go forth with this thought concerning Sears.

Sears-Roebuck started with a somewhat middle to high level of quality; however, lost business as the quality declined but prices did not. Other retail establishments had better pricing for lower quality then did Sears. Wal Mart has never attempted to be more, in quality, then what it is.

Just a view from price/quality viewpoint.

Dave Loc: Upstate New York

AuntiE wrote:

As my background in economics and the definitions of economic terms is sorely lacking, I will still go forth with this thought concerning Sears.

Sears-Roebuck started with a somewhat middle to high level of quality; however, lost business as the quality declined but prices did not. Other retail establishments had better pricing for lower quality then did Sears. Wal Mart has never attempted to be more, in quality, then what it is.

Just a view from price/quality viewpoint.

Auntie - I wouldn't take issue with what you describe as the Sears-Roebuck or the Wal-Mart story - but would point you to a bigger picture - business models, like that of Sears, become stale and are replaced by others, like that of Wal-Mart, and some day another model -maybe Amazon or something we haven't imagined yet - will replace the Wal-Mart one. That is the creative destruction of market economies.

AuntiE Loc: 45th Least Free State

Dave wrote:

Auntie - I wouldn't take issue with what you describe as the Sears-Roebuck or the Wal-Mart story - but would point you to a bigger picture - business models, like that of Sears, become stale and are replaced by others, like that of Wal-Mart, and some day another model -maybe Amazon or something we haven't imagined yet - will replace the Wal-Mart one. That is the creative destruction of market economies.

That light you see coming through is the bulb clicking on. 8-)

oldroy Loc: Western Kansas (No longer in hiding)

AuntiE wrote:

That light you see coming through is the bulb clicking on. 8-)

Damn it, AuntiE, yesterday my wife went to the nearest Walmart store but wouldn't let me go in. I had just come out of the hospital from a colonoscopy and she said I was still acting weird. I felt normal as hell and know she was right, but I wanted to go in that place.

Those drugs they knock you out with for that procedure are surely wonderful things. And just two weeks ago I had an endoscopy with the same drugs. I wonder if I could become addicted to those things. :mrgreen: :mrgreen:

AuntiE Loc: 45th Least Free State

oldroy wrote:

Damn it, AuntiE, yesterday my wife went to the nea... (show quote)

Addicted to medical procedures, Wal Mart or the drugs? :lol:

oldroy Loc: Western Kansas (No longer in hiding)

AuntiE wrote:

Addicted to medical procedures, Wal Mart or the drugs? :lol:

The drugs, of course. If they would just let a man sleep instead of shaking me so hard so they can put my clothes on me and then wheel me out. I guess they had to get the bed and room cleaned up quickly for the next old fart coming for the same procedure.