Wal-Mart reports seventh quarter of declining US sales

[babsbunny]

http://www.bbc.co.uk/news/business-12536715

22 February 2011 Last updated at 05:46 ET

[OhioChick]

1. That's when you know things are bad n/t

[Tansy_Gold]

2. I really really really wanta cheer this

but i know this is only indicative of how hard the times are. When people aren't even shoppin' at the-place-that-shall-not-be-named. . . . . .

:-(



TG

[TK421]

5. Yup! when even "rolling back prices" can't save you from going completely broke

what the hell...it's safe to say that some of us just can't spend at all these days

oh, and fuck Wal-Mart

[Warpy]

8. I've been noticing for several years that Wally's loss

has been the Dollar Store's gain, at least in my neighborhood. People shop for food at the Dollar Store and fill in the gaps at Wally's.

It's beyond sad. I've been there. Not fun.

[charlie]

9. Down the road in El Paso, it's the same thing

Dollar stores always did steady business, but now parking lots are overflowing.

Even more alarming is that Walmart is still a colossus in this town, and growing. It captures close to 50% of the grocery dollar here. With the dollar stores also ascendant, we're fast becoming a corporate monoculture.

[Taitertots]

3. It is certain to happen

A society can't function when all the productive gains are siphoned away.

First Walmart made everyone so broke they could only afford to shop at Walmart. Now they are so broke that they can't even afford to shop at Walmart.

[BillyJack]

6. ++++ 1000

As they sow, so shall they reap.

Walfart is just finally reaping what was totally unsustainable & unrealistic. Too bad that so many good businesses had to go under & die to reach this point of truth.

More than a shame, in fact. A real TRAGEDY what walmart has wrought. :mad:

[Name removed]

4. Deleted message

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[AllyCat]

7. Where is my violin?

Of course, sales are down because thanks in part to them, people have no FRICKIN' MONEY!!

[L. Coyote]

10. Boycott union-busting Wal-Mart

[pepperbear]

11. who ya think'll feel it? the people at the top through lower cut of profits....

or the people at the bottom through lay-offs?

[Shagbark Hickory]

12. I called it years ago. Some day they will leave one hell of a lot of empty stores.

Like Builder's Square did. And Zayre/Ames and Pharmor and woolworth's.
And like Borders is gonna do.

And I called it for Lowes too. sorry lowes.

[Kip Humphrey]

13. good.

[HopeHoops]

14. Fuck WalMart

[rhett o rick]

15. Fuk the politicians that allow WalMart to screw the country.

And further, fuk those people that allow the corrupt politicians to be in office.

[HopeHoops]

18. They're trying to screw a bunch of people around here - and covertly.

A car dealership by one of our malls went out of business a couple years ago. The lot has remained vacant since then. Recently, the town council floated the idea of a "national big-box retailer" moving in. WalMart sent out "independent" survey teams to test the waters. They were apparently the only such "national" retailer that was interested. They want to put a 24 hr. store with a parking garage in a fairly small lot. The people who live near the lot are on a higher elevation, so the offer to put up a 10' fence is laughable at best. It also would mean clear-cutting a stand of tall mature pine trees that serve as a natural screen right now.

FUCK WALMART!

[rhett o rick]

19. But the local politicians are the ones making the decisions. nm

[TBF]

16. Nobody has any money & the billionaires do not shop at WalMart. nt

[dkofos]

17. More customers buying less shit = failing economy