Walmart and Sams on path
Posted in the Bentonville Forum
#1 Mar 13, 2013
Walmart and Sams are both riding down the same collision path as General Motors did. GM was too at one time hailed as the largest corporation in the world. Didn't matter what they did to the customer, thought they would never fail, because were general motors. Same deal with wal/sam they have reduced heat in stores in winter,hot there in summer with a/c set high,half the lights out in parking lot (customer security) isles blocked all over store when they do daily stock,long lines at cashier,never and mean never anyone in store to assist customer and now the newest installing self checkout. And of course they will tell you customers want it. NO that is not true customers over whelmingly despise it. But now wal likes it cause it reduces payroll expense of having a cashier. And in the end that creates MORE profit to make. And holding the title as second largest in world doesn't matter to the upper CEO. In fact the CEO of walmart makes more in 1 hour than a full time associate does in 1 year.
GM went into bankruptcy and is still struggling bad, most likely done since the competition has almost fully gobbled them up.
Walmart/Sams is right on target following GM blunder, And nipping at there heals is Target coming on strong to take over the lead.
My prediction within 5 years walmart will just be known as a dream that Sam Walton had.
To stay on top, you have to be on top of taking care of your customers. Walmart and Sams only views there customers as a bank deposit.
Actually I myself have started to shop at Target frequently. And after doing so it just feels right. Try it yourself some time, you might or might not agree.
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