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

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."
Comments (4)
  • chopchop0
    , contributor
    Comments (3131) | Send Message
     
    Doesn't sound like the worst problem to have in the world. Imagine having bloated inventory with shelves overstocked?
    28 Feb 2013, 08:45 AM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    This is a further indication that the global economy is teetering on a global economic apocalypse

     

    http://on.ft.com/WmEPJW
    28 Feb 2013, 08:52 AM Reply Like
  • User 509088
    , contributor
    Comments (934) | Send Message
     
    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 2013, 09:47 AM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    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 2013, 09:59 AM Reply Like
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