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  • Wal-Mart (WMT) appears to be hiring more temporary workers than full-time workers, according to the results of a Reuters survey. The hiring strategy could help the retailer save money and stem criticism that it's understaffed at certain stores. Another twist is that the practice also reduces health care costs associated with Obamacare.  [View news story]
    Sometimes all one can do is smile. At this pace David should soon surpass "Peanuts" in the rankings.
    Jun 13, 2013. 09:47 AM | Likes Like |Link to Comment
  • A devastating apparel factory disaster in Bangladesh doesn't directly involve any large well-known companies, but could affect global retailers as an increased focus on safety appears imminent. Retailers which reportedly bought clothes from suppliers located in the collapsed building in the recent past include The Children's Place (PLCE), Wal-Mart (WMT), Dress Barn (ASNA), Primark (ASBFY.PK), and Benetton (BNGPY.PK). Analysts think the sector will rethink supply chain decisions with a heightened focus on safety.   [View news story]
    Analysts are probably correct, but the "rethinking" may not be what many expect as more likely than not it will be "okay, where can we move to this time." Things are not that complicated, and are certainly not limited to the garment industry.
    Apr 25, 2013. 10:10 PM | Likes Like |Link to Comment
  • Wal-Mart Stores (WMT) increased its annual dividend to $1.88/share from $1.59/share representing an annual dividend of 2.68%. The dividend will be paid in four quarterly installments of $0.47/share. (PR[View news story]
    Glad that you are enjoying the dividend increase! In order for you to receive your raise more workers qualified for welfare, routine maintenance was curtailed for almost a quarter instead of one month and the purchase of general operating supplies was suspended,including those for the employees' lunchroom. Your raise might have been greater if we had not had to purchase more wet floor buckets because of the increasing roof leaks. Enjoy, Godspeed and good fortune!
    Feb 21, 2013. 12:18 PM | Likes Like |Link to Comment
  • Is The Problem With Wal-Mart Actually Wal-Mart?  [View article]
    Mr. Blankenhorn, you may have nailed this one. Mr. Sam's Golden Rule, which was directed at the customers, is now to a significant degree directed toward the shareholders, analysts and politicians. The real question related to tomorrow's earnings release should not be what are the numbers, but - how did you get there?
    Feb 20, 2013. 05:14 PM | 2 Likes Like |Link to Comment
  • Wal-Mart Remains Built To Last Regardless Of Competitive Threat Of Amazon  [View article]
    Thank you. This is certainly very interesting and there is a wealth of information. Not to sure about the effectiveness of the 24% decrease in shares, as the dividend rate has been increased by somewhere around 150% during the period - not 50% but 150%. What may be even more important is that decline in outstanding shares has resulted in a % growth of the "family" ownership from about 37% to 50%. Also, related to U.S. sales it would be interesting to see some price/volume % increase/decrease change that is occurring. But that could get fairly complicated. Agree with the above that unionization is probably not a factor. Any movement there would probably be legislative in nature and would be felt by everyone. Movement in the minimum wage or part-time worker laws certainly are not beyond the realm of possibility, but would probably be a prolonged battle. Again, thank you.
    Feb 12, 2013. 12:52 AM | Likes Like |Link to Comment
  • Wal-Mart (WMT) says it plans a large $450M investment to its operations in Canada, including new stores and an expansion of its distribution network in Canada. The company wants to complete 38 new supercenter projects in the country this fiscal year to add to the 209 already in operation.  [View news story]
    If memory serves me correctly, that should be about 3.3% of the Company's capital expenditures for the year. Some time ago Target announced a huge Canadian campaign. Looks like retail landscape in Canada is in for quite a change. There will be at least two competitors.
    Jan 22, 2013. 09:34 AM | Likes Like |Link to Comment
  • The Sorry State Of The Consumer  [View article]
    Do you ever wonder when we'll catch on to the fact that the less the consumer has, the less they spend - while the money flows to those who already have more than they will ever spend. This is not rocket scientist type stuff.
    Jan 8, 2013. 04:33 PM | Likes Like |Link to Comment
  • The Fiscal Cliff Could Create A Buying Opportunity In Target And Wal-Mart Shares  [View article]
    According to a credit report, credit card balances hit a record high after Black Friday sales. Could be people that shop at Walmart and Target have little or no disposable cash, and corporate america is just smoking their pipe and stretching to find somewhere to shift the blame for pending missed sales projections. Fix the problem, not the blame.
    Dec 14, 2012. 02:51 AM | Likes Like |Link to Comment
  • Wal-Mart: Looking Like Dead Money At Best In 2013  [View article]
    Not positive, but this article may very well have significant credibility. Revenue growth is up, but if one looked at the price/volume variances behind those numbers - one might be stunned. More than a few PR statements just don't hold water. The Walmart labor situation may be an an issue, but probably not as significant as the labor and ethics issues related to it's worldwide supplier/contractor chain. Customer service has decreased significantly in the past three years and Walmart is losing it's edge there. Have seen this at other places, and of concern is that success-bred egos may be detrimental. Except for the last several months, market capitalization has not increased significantly - the stock price has actually been shored up by the aggressive stock repurchase activity over the past number of years - which has resulted in a family ownership growing from about 37% to almost 50%. For the first time in several years this program was not extended at the most recent annual meeting. It's complicated, as usual.
    Nov 26, 2012. 03:00 PM | Likes Like |Link to Comment
  • Labor experts expect the organized protests against Wal-Mart (WMT -0.4%) to have little if any effect on the retailing giant's bottom line. The prevailing thought is that although consumers have some sympathy for Wal-Mart workers and may sign online petitions, they are unlikely to vote with their wallets or bypass stores.  [View news story]
    You really do not understand. Our Walmart is trying to make for a better Walmart. Mike, Rob and the lady running HR are doing enough damage, just to help themselves - they certainly do not need our assistance there.
    Nov 20, 2012. 11:56 AM | Likes Like |Link to Comment