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Wal-Mart Sales Decline Is Worst in 28 Years....wonder why

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babsbunny Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-10-07 03:15 PM
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Wal-Mart Sales Decline Is Worst in 28 Years....wonder why
http://online.wsj.com/article/SB117880185064598518.html?mod=googlenews_wsj

DALLAS -- Wal-Mart Stores Inc. posted its worst monthly same-store sales results in at least 28 years, tallying a 3.5% decline in April due to this year's early Easter as well as generally challenging economic conditions for consumers.

Wal-Mart's 3.5% drop in the four-week period ending May 4 at U.S. stores fell below its earlier forecast of "flat" sales to a 2% decline. In a recorded phone message Thursday, Wal-Mart blamed bad weather last month in most U.S. regions and the early Easter on April 8, which pushed many Easter sales into March.

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BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-10-07 03:17 PM
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1. they can get their story ready for next year
because Easter will be earlier then this year, next year.
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-10-07 03:23 PM
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2. "challenging economic conditions for consumers"
Edited on Thu May-10-07 03:25 PM by The_Casual_Observer
Gasoline $3.50+

Regular working people start doing without the kind of shit they buy at Walmart.
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SaveElmer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-10-07 03:25 PM
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3. Maybe folks are catching on to the fact that Wal-Mart sucks...
Their stores suck, their management sucks, their service sucks...they just suck period!!!


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El Supremo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-10-07 03:30 PM
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4. We finally loaded up on everything that China makes.
But seriously - One friggin month? Big deal.
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-10-07 03:34 PM
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5. I could just
:cry:
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Vinnie From Indy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-10-07 07:36 PM
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6. The Wal-Mart business model has a fatal flaw
Their success is tied to cheap energy. Combine a falling dollar and enough of an energy shock, and Wal-Mart will be singing some serious blues. American labor could do with a few less Wal-Marts.

I also believe that enough people have decided against shopping at Wal-Mart that it is starting to bite. I know I have, by choice, only rarely been in a wal-Mart in the past decade.
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AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-10-07 08:04 PM
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7. Give Me a "B", Give Me an "O", Give Me a "Y", Give Me a "C", Give Me an "O", Give Me a Couple "T's"
BOYCOTT WALMART
It's working!

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