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In reply to the discussion: Walmart Has To Overcome A Scary Reality About Its Customers [View all]BlueStreak
(8,377 posts)6. That's a rationalization. They ARE losing market share
to companies that are out-Wal*Marting Wal*Mart. Namely, Family Dollar, Dollar General, and Dollar Tree.
That's a fact. All three of those bottom feeders have been growing at a much higher rate than Wal*Mart. They put the essential merchandise in a "small box" store more conveniently located in more low income neighborhoods. THAT is why the people with the least money aren't making the 7 mile trip to Wal*Mart.
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Yup, people who can no longer afford Walmart are most likely going to the dollar stores. nt
Raine
Nov 2012
#31
I'm surprised he didn't say it was because the tax rate on their customer's dividends is too high
corkhead
Nov 2012
#14
Walmart CEO Mike Duke : customers are among those most affected by concerns about the fiscal cliff.
DJ13
Nov 2012
#5
I think if you dig into their complete histories you will find something like
BlueStreak
Nov 2012
#29
Henry Ford paid his workers enough that they could afford to buy the cars they made!
hedgehog
Nov 2012
#12
No they aren't. The communities are killing themselves by bringing Walmart the $ to pay for it.
jtuck004
Nov 2012
#22
That has such a Keynesian sound to it that I expect the supply-siders to ignore it completely
HereSince1628
Nov 2012
#23
Maybe WalMart should listen to the Nuns on the bus. They could give them a big lesson.
southernyankeebelle
Nov 2012
#26