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Wal-Mart's (WMT) long-running inventory problems are "getting worse", U.S. CEO Bill Simon has...

  • Thursday, February 28, 5:34 AM ET
    Wal-Mart's (WMT) long-running inventory problems are "getting worse", U.S. CEO Bill Simon has reportedly told an internal meeting. "We run out quickly and the new stuff doesn't come in," said Simon, who's appointed a VP to fix the problem. A Wal-Mart spokesman downplayed Simon's comments, although Californian department manager Evelin Cruz described them "as dead on."
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This news story has 4 comments:

  •  
    Doesn't sound like the worst problem to have in the world. Imagine having bloated inventory with shelves overstocked?
    28 Feb, 08:45 AM Reply Like
  •  
    This is a further indication that the global economy is teetering on a global economic apocalypse


    http://on.ft.com/WmEPJW
    28 Feb, 08:52 AM Reply Like
  •  
    so which is it?

    wasn't walmart saying there was a hard pressed consumer?

    but they can't keep their shelves stocked?

    umm buzz umm click
    28 Feb, 09:47 AM Reply Like
  •  
    I interpreted it as Walmart can't get rid of some inventory due to financial constraints (earning less or unemployed)

    While the other inventory is flying off the shelf because Walmart managers were unable to determine the demand for those commodities, as those were not stocked in its distribution centers.

    And the article from my above comment further confirms a slowdown in Cn manufacturing last year.

    Coupled with or amounting to a further global slowdown ....
    28 Feb, 09:59 AM Reply Like
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