Went to Wal-Mart last night for an item. I usually never go to china mart. Then when I was there I remembered why. Four checkout stands for a
20-acre store, WTF.
After hopping from one check out stand to the next, all 3 of them. Finely made it to the 4th lane that did not have the dreaded sign “lane
closed”. So I waited, and waited, just before I was about to the throw the item into the gum rack and leave. It was my turn. It took me 5 minutes
to get the item, 30 minuets to check out.
Cash declines are not the only crises Wal-Marts needs to worry about. There is a multitude of other reasons that has lead to end of month cash
declines. ( Like the one stated above) Gas is not one of them, as the board would like to believe. Wal-Mart will never see the customers that Sears
has. (That is the market they tried to capitalize on) Wal-Marts biggest problem is there bottom line is based on welfare checks. Hence end of month
Some of there customers have left the country, or have been forced to leave. I mean look at what Arizona did all by itself, ( that had to hurt )
followed by other states. The new uptake would be trying to market to the unemployed. (which they also had a hand in creating i.e. China-Mart) Now
the new recent market is mostly unemployed for them how will Wal-mart get their business? Hard chance I say, most of the recent and past unemployed
are buying local if they can, and growing gardens now. Wal-mart will fail in getting most of this market in the front door, no matter what they try.
The big Wal-mart expansion with 20 acre stores happened during 01-06. There still expanding, only to find empty pockets now. The economy wrench has
been thrown into their cog model business plan; it will hurt them greatly in the coming month. This is only the beginning, It stands to reason what
expanded must deflate. i.e. closing stores. When they do It’s not like were going to miss them or anything like that. I expect to see a parade in
front, starting at their front door. Then again our economy is rebounding by a whopping 1.8 percent. Wal-Mart is also going to face many states that
will be asking for TAXES, yes, income taxes based on sales. That does not mean sales tax either, this will be in addition too. State legislators are
thinking hard, because the revenue is needed and consumer are more than tapped out.
There is a glitter of hope. There are mom pop operations starting up again. A local butcher shop re-opened. A new bakery is baking up the goods. Get
this I just seen a shoe repair shop open. I kid you guys not, I have not seen one in years. Yes it’s happening slowly, but it happening. Forgot to
mention two local owned restaurants opened as well, not chained either. Oh, and this electronic shop opened up a few months ago that makes radio
shack look really bad. I will patron each and everyone of these new business. The city where I live is pumping some cash into rebuilding RT-66
development. Things are looking up, Slowly the trend will turn from wal-mart.
I must say that was my final and last visit to Wal-Mart last night. I hope they fail big time. see you all at the parades to come.
edit on 29-4-2011 by SJE98 because: (no reason given)