The end of the Walmart Era

PingSpike

Lifer
Feb 25, 2004
21,756
600
126
Text

This doesn't really surprise me. While Walmart likely isn't going anywhere, their business model is based on rapid expansion. At this point, the market is saturated and there's no where to expand. I don't know if this is just plain an inevitable outcome, or terrible management. However, their management certainly doesn't seem in touch with reality based on some of their decisions lately. I don't know much about their complete and utter failure in Germany, but I do know that Walmart attempted to sell an upscale clothing line and ended up with a pile of unsold merchandise big enough to fill the grand canyon. What were they thinking? Walmart makes its name synonymous with cheap shit...throws some expensive clothes on the shelves and expects people to fall all over themselves to get them?

Without getting into the macro level of it, I'll just say this. I hate that fucking store. Not even thinking about their bad business practices, its just that the only one near me is a nightmare of epic proportions. Just as a consumer, its not a good deal. Is stuff much cheaper there? I don't even really know or care.

All I know is this:
Half the aisles in the store can't fit more then one cart down them...forcing some one to back up. The employees are useless, but thats pretty much par. There's always huge lines and like 2 registers open, so its impossible for me to just run in and grab one item. Everything I want is (apparently) out of stock (again). It smells bad, but I can't really place what the terrible odor is. I always have to park 5 miles from the store. And its always full of bad smelling people with nascar hats that are to fat to fit down the aforementioned aisles.

The store is just to much work to shop at. Obviously, if its that full they must be doing something right. But I have to wonder if drawing every welfare bum in the tri-state area to buy stuff at razor think margins is really a viable business model.
 

coldmeat

Diamond Member
Jul 10, 2007
9,231
139
106
you must have a really bad Walmart in your area, because i like the one in my town. It's a town of about 8,000 people and we have an enormous Walmart, with aisles at least 2 carts wide, the employees are nicer (could be because of town and not city), theres always cashiers waiting outside their cashes looking for customers to help, and there's no horrible smell.

it sounds like you have the typical american walmart

and our walmart is currently expanding to about twice its original size with groceries now
 

yllus

Elite Member & Lifer
Aug 20, 2000
20,577
432
126
I've never really seen a single bad Walmart here in Canada. However, they're all fairly new or remodeled from similar size stores.

Eventually Walmart will have to rest on its laurels and competition will come take a bite out of its market. I'm not worried.
 

soonerproud

Golden Member
Jun 30, 2007
1,874
0
0
Originally posted by: PingSpike
Text

I have to wonder if drawing every welfare bum in the tri-state area to buy stuff at razor think margins is really a viable business model.

Apparently it is a viable business model. Wal-Mart is the largest corporation in the US and also the largest employer. If you were to put all the shares that were divided up between relatives when Sam Walton died, Sam would be worth close to $100 billion dollars.
 

coldmeat

Diamond Member
Jul 10, 2007
9,231
139
106
Originally posted by: yllus
I've never really seen a single bad Walmart here in Canada. However, they're all fairly new or remodeled from similar size stores.

exactly, i remember seeing a Walmart in the National Lampoon's Christmas vacation when i was younger and i had no idea what a Walmart was, and im only 19
 

Fritzo

Lifer
Jan 3, 2001
41,920
2,161
126
Jim Cramer on Mad Money said it best: "Walmart needs an image change. I feel so poor and depressed when I walk in their stores."

This same thing happened to KMart, and look where they are now. Target is the up and coming store: decent stuff, good prices, clean cheery stores. Walmart's bad PR recently hasn't done much for their shopping base either.
 

waggy

No Lifer
Dec 14, 2000
68,143
10
81
Originally posted by: coldmeat
you must have a really bad Walmart in your area, because i like the one in my town. It's a town of about 8,000 people and we have an enormous Walmart, with aisles at least 2 carts wide, the employees are nicer (could be because of town and not city), theres always cashiers waiting outside their cashes looking for customers to help, and there's no horrible smell.

it sounds like you have the typical american walmart

and our walmart is currently expanding to about twice its original size with groceries now

yeap. i am within 17 miles of 3 super-walmarts. All 3 are great. the aisles 3 carts wide (though clothing is sometimes less then 1). well stocked (one has trouble when the college kids come back). and plently of cashiers.

sure its busy. but thats fine with me. i save a decent amoutn on it.


of course you are going to have people bitching about the fact Pay sucks, lack of benifits, and stuff made in china.

wich target,kmart etc have the same crap but people ignore that.
 

maddogchen

Diamond Member
Feb 17, 2004
8,903
2
76
my experiences at walmart:
Everything is cheaper than Target or Longs (.50 or more). Don't go there on weekend afternoons ever!. Always lots of registers open. Parking is easy on weekdays and mornings. No smell. Walmart employees are on the level as Fry's employees so I don't even bother. Plus almost all the walmarts in my area have the same design so i can walk in and know where what I want is. Walmart is great!
 

So

Lifer
Jul 2, 2001
25,923
17
81
What makes you imagine that Wal-Mart's business model is based on expansion? And what makes you think they can't expand more? There are 2 billion people (india, china) that have virtually no Wal-Marts.

Edit: Your rant seems fundamentally flawed.
 

JulesMaximus

No Lifer
Jul 3, 2003
74,550
940
126
:thumbsup:I don't shop at Walmart either. I think your description of the store/customers/employees is fairly accurate.
 

yowolabi

Diamond Member
Jun 29, 2001
4,183
2
81
Originally posted by: JulesMaximus
:thumbsup:I don't shop at Walmart either. I think your description of the store/customers/employees is fairly accurate.

It's not suprising that someone who doesn't shop at walmart has no idea what it's like inside one.

I've been in plenty of them, and none were like the OP described.
 

soonerproud

Golden Member
Jun 30, 2007
1,874
0
0
Originally posted by: Fritzo
Jim Cramer on Mad Money said it best: "Walmart needs an image change. I feel so poor and depressed when I walk in their stores."

This same thing happened to KMart, and look where they are now. Target is the up and coming store: decent stuff, good prices, clean cheery stores. Walmart's bad PR recently hasn't done much for their shopping base either.

The problem I have with Target is they can be quite a bit more expensive on the exact same item you can buy at Wal-Mart. Now if you want to buy clothes or furniture, Target has much better quality stuff in this department. (Why would any one buy furniture at Wal-Mart?)
 

waggy

No Lifer
Dec 14, 2000
68,143
10
81
Originally posted by: So
What makes you imagine that Wal-Mart's business model is based on expansion? And what makes you think they can't expand more? There are 2 billion people (india, china) that have virtually no Wal-Marts.

Edit: Your rant seems fundamentally flawed.

not to mention wal-mart has been pretty much a surburban based business.

if they can get into big cities (thats going to be hard. many are trying to ban them). it will open up more revenue.


but i am not sure the business model is based on expansion anyway.
 

mugs

Lifer
Apr 29, 2003
48,920
46
91
You suck at linking.

And Walmart will continue to expand. They have the whole WORLD to expand into. They expect to double in size in the next 5 years.

All your base are belong to Walmart.
 

Ns1

No Lifer
Jun 17, 2001
55,420
1,600
126
Originally posted by: soonerproud
Originally posted by: Fritzo
Jim Cramer on Mad Money said it best: "Walmart needs an image change. I feel so poor and depressed when I walk in their stores."

This same thing happened to KMart, and look where they are now. Target is the up and coming store: decent stuff, good prices, clean cheery stores. Walmart's bad PR recently hasn't done much for their shopping base either.

The problem I have with Target is they can be quite a bit more expensive on the exact same item you can buy at Wal-Mart. Now if you want to buy clothes or furniture, Target has much better quality stuff in this department. (Why would any one buy furniture at Wal-Mart?)

I'd pay an extra 3 bucks on my purchase to not deal with the walmart crap (crowds, messiness, shittyness in general). I'm pretty sure I've already read the article the OP wants to link to, and it says the same thing: people are willing to pay more to not deal with Walmart
 

waggy

No Lifer
Dec 14, 2000
68,143
10
81
Originally posted by: soonerproud
Originally posted by: Fritzo
Jim Cramer on Mad Money said it best: "Walmart needs an image change. I feel so poor and depressed when I walk in their stores."

This same thing happened to KMart, and look where they are now. Target is the up and coming store: decent stuff, good prices, clean cheery stores. Walmart's bad PR recently hasn't done much for their shopping base either.

The problem I have with Target is they can be quite a bit more expensive on the exact same item you can buy at Wal-Mart. Now if you want to buy clothes or furniture, Target has much better quality stuff in this department. (Why would any one buy furniture at Wal-Mart?)

exactly.

sure i buy some clothes at wal-mart. well underwear, socks, t-shirts. stuff that don't matter. its cheaper at walmart.

but if i need nice stuff target or walmart are nto on my list of places to go. Same with furniture (not that walmart has a lot).

but for everyday items walmart is cheaper. sure the selection sucks but far cheaper then anyplace else.
 

foghorn67

Lifer
Jan 3, 2006
11,883
63
91
Walmart sucks in southern California. They were all nice when they first opened, but they are all trashed.
Target is much better around here.
 

zoiks

Lifer
Jan 13, 2000
11,787
3
81
I've got no problem with Walmart. The only gripe that I would have is that its always busy with a ton of people in line whenever I do go there.