Seeking Alpha
  • Jason Burack
    What does it say about the Us economy when Wal-Mart $WMT is running radio commercials trying 2 steal customers from $DG $FDO Family Dollar?
    9/4/13
    Reply (24)
    • wheelz23: maybe the problem is not the US economy, maybe the problem is walmart
      9/4/13
    • Jason Burack: US economy is not really recovering except for a few sectors.
      9/4/13
    • Jason Burack: US consumer has overconsumed for too long w no savings base, using too much debt and little or no discretionary income. Tapped out.
      9/4/13
    • weed: We now live in Al Gore's two Americas.
      9/4/13
    • bd4uandu: I hope they are better then the TV ads. Although the TV shopping babes are getting better.
      9/4/13
    • Jason Burack: You know the economy is not doing well when Wal-Mart is looking to steal market share from Dollar General & Family Dollar!
      9/4/13
    • wheelz23: do you think dollar general and family dollar is trying to steal market share from walmart?
      9/4/13
    • bd4uandu: Looking at a $FDO chart there are probably a lot more that would like a piece of their action.
      9/4/13
    • wheelz23: so competing businesses signal a poor economy?
      9/4/13
    • bd4uandu: Your right though the economy sucks. Not enough working and too many on the dole styling around, ghetto fabulous.
      9/4/13
    • Jason Burack: No. Poor economy is signaled by the fact that many consumers are trading down to Wal-Mart, Dollar General & Family Dollar in the first place
      9/4/13
    • Jason Burack: Wal-Mart should be competing for customers w more discretionary income, not people w barely any income.
      9/4/13
    • wheelz23: many of walmart's problems are self-inflicted
      9/4/13
    • bd4uandu: I don't know how Walmart does in there money centers but around here first of the month they are lined up around the block. The 2nd of...
      9/4/13
    • bd4uandu: the month the shelves are bare. The dollar store is for the deals towards the end of the month when your just gettin by.
      9/4/13
    • bd4uandu: Hey careful now I like and shop at walmart.
      9/4/13
    • bd4uandu: <----- Ghetto Fabulous
      9/4/13
    • bd4uandu: Kmart is where the the real down and out shop.
      9/4/13
    • Jason Burack: I believe ~40% of Wal-Mart's revenues are from welfare/EBT cards being used to purchase their goods.
      9/4/13
    • weed: Can't get ammo at DG or FD.
      9/4/13
    • wheelz23: dollar stores and walmart have always done good no matter what economy
      9/4/13
    • Jason Burack: I agree Wheelz. But, the US economy is not really recovering if customer growth is rapid at Dollar General & Family Dollar.
      9/4/13
    • wheelz23: i'm just trying to point out that walmart's issues are their own...they've been driving some of their customers to competitors
      9/4/13
    • wheelz23: the US economy is doing ok at best...many of the numbers are misleading
      9/4/13