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Wal-Mart pulls out of Germany with $1 billion loss
Retail giant Walmart sells out to Metro
Wal-Mart pulls out of Germany. That almost sounds like the closing scene in the script of a porno.
QUOTE (darmstadt @ Aug 2 2006, 1:01 pm) 
Metro not only own Real but also Saturn, Media Markt and Galeria Kaufhof.
Something about the founder of Metro (from wikipedia):
QUOTE
Otto Beisheim (born January 3, 1924 in Essen) is a German businessman and founder of Metro AG. His 2005 net worth was estimated at US$3.4 billion. According to journalist Michael Radtke and German media during World War II he served in the elite SS unit the 1st SS Division Leibstandarte SS Adolf Hitler.
One of his most recent activities was to offer a school in Bavaria (the Gymnasium Tegernsee) big money. Only catch: They would have to rename the school - using his name, obviously.
Some teachers/students/parents weren't happy to have their school bearing the name of an ex-SS officer (1st Division, no less and you didn't get into that one by accident). So they asked him, whether he might have some comment/clarification for them. Just a little "I was young and stupid, but am horrified now at what I got into" would probably have sufficed. His answer was to tell them to go to hell and to retract his offer. Nice guy.
They way I see it, Walmart could have been the missing link betwen total discounters (Aldi, etc.) and the Beisheim imperium. Adding competition, not destroying it. I do most of my shopping at small stores but sometimes I need a big market to stock up on supplies and to get stuff I can't get at the small shops. Walmart was perfect for that. And if you think that Walmart (Germany) treated their employees badly, read up on what Lidl did/does. And Schlecker.
It is good to get the facts right. The Leibstandarte SS Adolf Hitler was in fact a Panzer Division during WW2 although it did indeed evolve from Hitler's SS bodyguard unit in the thirties. Beismann was a private first class, the lowest possible rank not a SS Officer. So the guy fought in the war in a panzer division named after Adolf Hitler. Federal papers have shown he was just an ordinary soldier.
The whole furore was also about how Metro treats their employees, which as you pointed out is a trait of many of the large retailers, and the fact that Beisheim is now Swiss (for tax reasons).
TBH if I had offered a ten million Euro to a school and they started bitching about whether they should have accept the donation or not for the above reasons and accusing me of being a Nazi when it had no substance then I would have withdrawn it.
The whole furore was also about how Metro treats their employees, which as you pointed out is a trait of many of the large retailers, and the fact that Beisheim is now Swiss (for tax reasons).
TBH if I had offered a ten million Euro to a school and they started bitching about whether they should have accept the donation or not for the above reasons and accusing me of being a Nazi when it had no substance then I would have withdrawn it.
facts right:
yes: he might not have been an ss-officer. it is to this day unclear what rank he held as documentation is not public. people close to him (underlings?) come up with quotes like "he held the lowest rank possible" - well, whatever.
point being: he does not comment on it.
even the fact that he was in the leibstandarte is something some journalist dragged up, not something he ever admitted to (his comment: no comment)
somebody who does not have the guts to comment on pretty important parts of his life, but still wants schools named after him - more power to those who question and oppose him.
funny legal bit: he might not be able to go back on his money-promise as the paperwork for the foundation was already done when he pulled out.
so facts right is difficult here. but I call him a sleezy character.
yes: he might not have been an ss-officer. it is to this day unclear what rank he held as documentation is not public. people close to him (underlings?) come up with quotes like "he held the lowest rank possible" - well, whatever.
point being: he does not comment on it.
even the fact that he was in the leibstandarte is something some journalist dragged up, not something he ever admitted to (his comment: no comment)
somebody who does not have the guts to comment on pretty important parts of his life, but still wants schools named after him - more power to those who question and oppose him.
funny legal bit: he might not be able to go back on his money-promise as the paperwork for the foundation was already done when he pulled out.
so facts right is difficult here. but I call him a sleezy character.
Yeah donating 10 million euro sure is sleazy.
It is when he adds the catch that they must name the school after him. If he was really that selfless, he would have given them the money anyway.
BTW, I wouldn't condemn him as being some kind of slick Kraut simply because of that... there are plenty of examples in the US of education patrons having schools, halls, etc named after them.
BTW, I wouldn't condemn him as being some kind of slick Kraut simply because of that... there are plenty of examples in the US of education patrons having schools, halls, etc named after them.
Great... Let the state pay for and train, the next gen. wal-mart managers... What next, have the Govt. start shutting down all their competition too...
I went to Walmart on Saturday for the first time ever, since maybe once in Las Vegas, but I can't remember if I even went inside back then, so we'll just say it was my first time. I stood there amongst the racks of ugly clothes and isles of soccerballs, 1.5 liter distilled water jugs, ketchup, and other miscelaneous household crap and thought to myself, who the hell would've thought that Walmart would make it in Germany?
Walmart is convenient in the US because you can get anything and everything you need in one place, which is good when you're a family of 8 and need bulk toilet paper for under 2 bucks (I suggest the South Park Episode about Walmart..funny shit). That's the charm of Germany that you have to go to 6 different stores to get everything you need to survive the week. A pain in the ass, but a glorious step away from strip-mall hell.
Walmart is convenient in the US because you can get anything and everything you need in one place, which is good when you're a family of 8 and need bulk toilet paper for under 2 bucks (I suggest the South Park Episode about Walmart..funny shit). That's the charm of Germany that you have to go to 6 different stores to get everything you need to survive the week. A pain in the ass, but a glorious step away from strip-mall hell.
QUOTE (MoiLV @ Aug 14 2006, 1:15 pm)
... but a glorious step away from strip-mall hell.
I'll second that!
Have a little read of Andreas Knorr and Andreas Arndt's paper about Why Walmart Failed in Germany
Very interesting, if not fairly predictable, reading
Very interesting, if not fairly predictable, reading
Interesting Wall Street Journal article today re: Aldi vs. Wal-Mart and why Aldi is succeeding in the US while Wal-Mart failed here.
I've cut substantial parts from the article to avoid quoting too much here. The full article is available to subscribers here, but if you're interested in the rest, PM me.
From the sounds of it, Aldi Süd competes more with a store like Costco, albeit on a smaller scale. I wouldn't be surprised if Wal-Mart started opening smaller stores, especially in those US metro areas that are placing restrictions on big box stores.
QUOTE (Aldi Right Moves @ Aug 16 2006)
... [Aldi]'s market dominance was widely cited as one reason for Wal-Mart's announced retreat from the country late last month. Yet it was mentioned scarcely, if at all, that Aldi not only held its ground at home, but is growing in the American giant's backyard. In fact, Aldi's success overseas explains much about why Wal-Mart couldn't hack it in Germany.
Aldi versus Wal-Mart isn't an exact comparison. ... Despite operating 7,500 stores world-wide to Wal-Mart's 5,200, Aldi had an estimated turnover of $48.7 billion last year, compared with $315.7 billion for the American company.
...
Sam Walton didn't invent the concept. In 1960 -- two years before the first Wal-Mart opened -- Theo Albrecht Sr. and his brother Karl transformed their 12-year-old Aldi chain with a move to their "limited assortment" concept. ... At the same time, Aldi split into two separate chains: Aldi Nord, owned by Theo, and what is now called Aldi Süd, owned by Karl. ...
In 1976, Aldi Süd expanded to the U.S., opening a store in Iowa. Three years later, Aldi Nord made its only move across the Atlantic to date, buying a small, California-based chain of specialty stores called Trader Joe's. Both grew slowly: In 30 years, only 800 Aldi Süd groceries have opened in 26 U.S. states. But they're picking up steam. ... Aldi Süd's U.S. revenues rose by 45% from 2002 to 2005 and stood at $4.5 billion last year. Trader Joe's did even better: a 96% increase during those years, also to $4.5 billion.
...
... Aldi USA has stubbornly stuck with two very European practices: requiring customers to place a deposit to use a shopping cart, and not giving shopping bags away for free. But Aldi's American customers are adapting, presumably because they apparently believe these practices help Aldi lower its prices.
...
... Aldi Süd ... is moving away from its traditional philosophy in order to go more upscale, offering a wider variety and more "premium" products. With 1,600 stores in Germany and a well-established brand, Aldi Süd might be able to pull this off. But for all the humbling lessons that Wal-Mart learned in Germany, it'd be ironic if Aldi didn't learn a little from its experience, too.
Aldi versus Wal-Mart isn't an exact comparison. ... Despite operating 7,500 stores world-wide to Wal-Mart's 5,200, Aldi had an estimated turnover of $48.7 billion last year, compared with $315.7 billion for the American company.
...
Sam Walton didn't invent the concept. In 1960 -- two years before the first Wal-Mart opened -- Theo Albrecht Sr. and his brother Karl transformed their 12-year-old Aldi chain with a move to their "limited assortment" concept. ... At the same time, Aldi split into two separate chains: Aldi Nord, owned by Theo, and what is now called Aldi Süd, owned by Karl. ...
In 1976, Aldi Süd expanded to the U.S., opening a store in Iowa. Three years later, Aldi Nord made its only move across the Atlantic to date, buying a small, California-based chain of specialty stores called Trader Joe's. Both grew slowly: In 30 years, only 800 Aldi Süd groceries have opened in 26 U.S. states. But they're picking up steam. ... Aldi Süd's U.S. revenues rose by 45% from 2002 to 2005 and stood at $4.5 billion last year. Trader Joe's did even better: a 96% increase during those years, also to $4.5 billion.
...
... Aldi USA has stubbornly stuck with two very European practices: requiring customers to place a deposit to use a shopping cart, and not giving shopping bags away for free. But Aldi's American customers are adapting, presumably because they apparently believe these practices help Aldi lower its prices.
...
... Aldi Süd ... is moving away from its traditional philosophy in order to go more upscale, offering a wider variety and more "premium" products. With 1,600 stores in Germany and a well-established brand, Aldi Süd might be able to pull this off. But for all the humbling lessons that Wal-Mart learned in Germany, it'd be ironic if Aldi didn't learn a little from its experience, too.
I've cut substantial parts from the article to avoid quoting too much here. The full article is available to subscribers here, but if you're interested in the rest, PM me.
From the sounds of it, Aldi Süd competes more with a store like Costco, albeit on a smaller scale. I wouldn't be surprised if Wal-Mart started opening smaller stores, especially in those US metro areas that are placing restrictions on big box stores.
QUOTE (Freiheit @ Aug 16 2006, 12:12 pm)
Trader Joe's
Is that the store that use to sell cheapo booze??
The last time I was in an Aldi in America, they only sold groceries. Another reason why a comparison with Wal-Mart is not particularly appropriate.
I would. The whole point of Wal-Mart is that they have scads of el cheapo merchandise. You go in for a bottle of shampoo and come out with a whole cartload of stuff you couldn't resist because it was such a great deal.
To keep their prices low, they have to sell tons of stuff. I don't think stores that are much smaller would be cost-effective for them. They would become just another Walgreen's or RiteAid.
QUOTE (Freiheit @ Aug 16 2006, 12:12 pm)
I wouldn't be surprised if Wal-Mart started opening smaller stores, especially in those US metro areas that are placing restrictions on big box stores.
I would. The whole point of Wal-Mart is that they have scads of el cheapo merchandise. You go in for a bottle of shampoo and come out with a whole cartload of stuff you couldn't resist because it was such a great deal.
To keep their prices low, they have to sell tons of stuff. I don't think stores that are much smaller would be cost-effective for them. They would become just another Walgreen's or RiteAid.
I really think this Aldi vs Walmart comparision is completely wrong. Maybe Aldi has had an effect on Walmart's business, but they are really different.
Aldi to me seem to be a grocery store that has specials each week on non-grocery items. However, if you want say a wheel for your bike, you're not going to have much luck in Aldi (unless thats the special for the week). But with Walmart you know if you need something like that and cheap, then you'll be able to find it there.
Aldi to me seem to be a grocery store that has specials each week on non-grocery items. However, if you want say a wheel for your bike, you're not going to have much luck in Aldi (unless thats the special for the week). But with Walmart you know if you need something like that and cheap, then you'll be able to find it there.
The most current news states that Walmart has finally had it in Germany and that all of the 85 stores in Germany are being purchased by Metro AG at an undisclosed sum. Guess Walmart just could not compete with Metro in service and quality.
Another fact to note is that in China, Walmart will be unionized. This is a terrible blow to the company as a whole. It will open a pandora's box for the rest of the world as well.
Topics merged by admin
Another fact to note is that in China, Walmart will be unionized. This is a terrible blow to the company as a whole. It will open a pandora's box for the rest of the world as well.
Topics merged by admin
Hard times for Walmarts
QUOTE (vishalarora @ Aug 20 2006, 10:00 am)
Another fact to note is that in China, Walmart will be unionized. This is a terrible blow to the company as a whole. It will open a pandora's box for the rest of the world as well.
Well that's news. I never new they were ionized before. Itsa conspiracy I tell ya!
welcome back,
take care,
space
Does anyone know when the WalMart stores will actually close? Too bad, I go to the WalMart near my office all the time for everything...
Have they closed yet ? And if not when ?
The one in northern Munich is not closed yet and doesn't look like it's preparing to close either.
Dont think they will "close" as such. Just change the name boards from Wal Mart to that of the new, innit?
I was wondering about this. I thought they would have to clear out their old stock, especially their own-brand goods. But there's no sign of any closing-down sale yet.
No, no sign of closing down BUT they were doing inventory there last week and they have also reorganized a lot of the aisles recently. I don't know what this means exactly.
The one in Ratingen doesn't seem to be showing any signs of closure...
Read these articles on Wal-Mart and its business practices:
www.goodjobsfirst.org/pdf/wmtstudy.pdf
http://www.goodjobsfirst.org/corporate_subsidy/walmart.cfm
http://www.progress.org/2005/tcs179.htm
http://www.wakeupwalmart.com/facts/
http://www.dollarsandsense.org/archives/2002/1102reuss.html
http://walmartwatch.com/
http://www.walmartmovie.com/
http://www.fastcompany.com/online/77/walmart.html
http://kansascity.bizjournals.com/kansasci...24/daily28.html
http://money.cnn.com/2004/05/24/news/fortu...mart_subsidies/
There're many more articles how Wal-Mart treats its workers and makes use of taxpayers's money in form subsidies and tax prensents (geschenke)
But it's not about Wal Mart only. Too many multi national companies are doing like what Wal-Mart's doing
www.goodjobsfirst.org/pdf/wmtstudy.pdf
http://www.goodjobsfirst.org/corporate_subsidy/walmart.cfm
http://www.progress.org/2005/tcs179.htm
http://www.wakeupwalmart.com/facts/
http://www.dollarsandsense.org/archives/2002/1102reuss.html
http://walmartwatch.com/
http://www.walmartmovie.com/
http://www.fastcompany.com/online/77/walmart.html
http://kansascity.bizjournals.com/kansasci...24/daily28.html
http://money.cnn.com/2004/05/24/news/fortu...mart_subsidies/
There're many more articles how Wal-Mart treats its workers and makes use of taxpayers's money in form subsidies and tax prensents (geschenke)
But it's not about Wal Mart only. Too many multi national companies are doing like what Wal-Mart's doing
QUOTE (Daniel.Freimann @ Nov 3 2006, 7:00 pm)
Read these articles on Wal-Mart and its business practices:
Thanks, but no thanks. I think that dead horse has been sufficiently beaten.
And a lot of those issues don't apply to Germany. The main reason they failed here in Germany is that their business model didn't work like it does in America. The labour laws are much stronger here, and that ultimately cost them too much.
Yep JJ agree. Plain and simple you either like Wally World or you dont. As for the take over how long before this happens ?
QUOTE
Thanks, but no thanks. I think that dead horse has been sufficiently beaten.
Yes. At present, you have your job. You're not working at Wal-Mart. So you're not concerned. You do not think in solidaric terms. Only when these policies will spread like cancer and hit you also one day, you will lift your ass and start thinking. Weeping and crying for your mummy "Oh why does it happen to me and why doesn't anybody support me?!?"
But then it will be too late
QUOTE (Daniel.Freimann @ Nov 3 2006, 8:07 pm)
Only when these policies will spread like cancer and hit you also one day, you will lift your ass and start thinking. Weeping and crying for your mummy "Oh why does it happen to me and why doesn't anybody support me?!?"
Hmm. Nope, don't think so. I'll leave the teeth gnashing and the hystrionics to others. You have accurately captured the quality and mentality of the argument though.
Nah I think JJ will excel without profiting off the souls of others. If he did lose his job he is more than capable of surviving due to his family and friends... you know real solidarity. He would need not have to throw out witless comments on a forum because his actions carry him further than words. Thats the great thing about hope its never to late.
Alright enough said here move along people nothing to see.
Alright enough said here move along people nothing to see.
QUOTE (Small Town Boy @ Nov 3 2006, 6:57 pm)
And a lot of those issues don't apply to Germany. The main reason they failed here in Germany is that their business model didn't work like it does in America. The labour laws are much stronger here, and that ultimately cost them too much.
Yes may be Wal Mart could not exploit workers in Germany according to the US pattern
But parellelity of such kind of behaviour like Wal Mart's growing in Germany also. See what's going on in politics. It's only a question of time. Only a few more years then this wild capitalism can't be controlled anymore at all. You will see it.
In US capitalism is already out of control
@perdido - Brother, that just bought you a beer on Sunday
Capitalism must be controlled somehow. Because it's only good for a few people who own the companies. Money makes money, this is basic principle of capitalism. Basis of capitalism is exploitation and fooling!
May be Wal Mart needed entirely uncontrolled capitalism activity in Germany so that their plan could work out .
May be they tried to copy US model in Germany also but actually they failed because they didn't get informed about laws in Germany very carefully. So it could have been the decision of some unqualified manager again to go to Germany But could be he got 50 million dollars compensation for loss of his job because he failed
Wal Mart had to face competition and also regulations and worker's rights by German laws. May be it tried to exploit and suppress workers but they were faced to some limits also. Now Wal Mart has failed. They have to sell now because they made losses only. Wal Mart has to go home back now
Bye bye Wal Mart
May be Wal Mart needed entirely uncontrolled capitalism activity in Germany so that their plan could work out .
May be they tried to copy US model in Germany also but actually they failed because they didn't get informed about laws in Germany very carefully. So it could have been the decision of some unqualified manager again to go to Germany But could be he got 50 million dollars compensation for loss of his job because he failed
Wal Mart had to face competition and also regulations and worker's rights by German laws. May be it tried to exploit and suppress workers but they were faced to some limits also. Now Wal Mart has failed. They have to sell now because they made losses only. Wal Mart has to go home back now
Bye bye Wal Mart
Wal Mart is having enough problems back home at the moment. What a shame...
Great to hear
QUOTE (Joliet Jake @ Nov 3 2006, 7:44 pm)
@perdido - Brother, that just bought you a beer on Sunday
Patriotic Americans're managing the rest of their life drinking beer only if they loose their job
I was in US. I talked to people. And I saw myself also what's going on
How poor Americans never get a chance in their whole life even if they're very intelligent
If poor Americans loose their job, then they have to search at the earliest for some new shit job. Or they have to take 3 shit jobs at the same time. They earn just enough to survive or to get food for the next day.
And American children who have poor parents, they also have the fate to do shit jobs only. They will never have chance. Because poor do not have money to afford good education. So their only option to escape the circle of poverty is either winning the lottery and doing crime, ending up in prison or joining the army ending up being shot or handicapped sitting in wheelchair
There're countless examples of such fates in America
Is this the American Dream ?
How poor Americans never get a chance in their whole life even if they're very intelligent
If poor Americans loose their job, then they have to search at the earliest for some new shit job. Or they have to take 3 shit jobs at the same time. They earn just enough to survive or to get food for the next day.
And American children who have poor parents, they also have the fate to do shit jobs only. They will never have chance. Because poor do not have money to afford good education. So their only option to escape the circle of poverty is either winning the lottery and doing crime, ending up in prison or joining the army ending up being shot or handicapped sitting in wheelchair
There're countless examples of such fates in America
Is this the American Dream ?
I think I'm gonna cry. That really is sad, Daniel.
QUOTE (Daniel.Freimann @ Nov 3 2006, 8:40 pm)
joining the army
Only STOOPID people join the army - Sen. John Kerry.
Daniel. What are you expecting? It is what Bush and co. wants! Money talks in the US... who cares about the peasants? They are there to help the rich people get more rich
@D.Freeman
Yes you seem to know all the answers like hitler, bismark, stalin, Bush, etc all those so called greats who tell others what to do because thats all they know what to do. Dont get me wrong because I know you are not one of those peeps. I know you have volunteered just as much as I have by helping immigrants to read, feeding the homeless, working in social agencies to work on making a better society not just talking about it. In fact the next time you are in America let me know because I can put you in touch with real nonprofits , not goverment- funded social agencies that would love to have you help them ( sorry I wont waste your time placing up internet links.. any joe schmo could do that). Why? Because I know you have insight man (I can tell). You see I also have gone to other countries I lived in Cuba and worked there despite my goverments request for me not to. Did I get paid? No. Do I point to others making accusations? No. Oh wait I got off subject there I am refering to some other poser I mean poster. Alright I am done here. Where did this soapbox come from?
PS most of these peeps are against walmart ( including yo) they just dont see the need to talk about it closing because it is already happening. Only bullies keep on puching in a done fight. Your not a bully right?
@JJ
Forget the beer I rather have Holt
Yes you seem to know all the answers like hitler, bismark, stalin, Bush, etc all those so called greats who tell others what to do because thats all they know what to do. Dont get me wrong because I know you are not one of those peeps. I know you have volunteered just as much as I have by helping immigrants to read, feeding the homeless, working in social agencies to work on making a better society not just talking about it. In fact the next time you are in America let me know because I can put you in touch with real nonprofits , not goverment- funded social agencies that would love to have you help them ( sorry I wont waste your time placing up internet links.. any joe schmo could do that). Why? Because I know you have insight man (I can tell). You see I also have gone to other countries I lived in Cuba and worked there despite my goverments request for me not to. Did I get paid? No. Do I point to others making accusations? No. Oh wait I got off subject there I am refering to some other poser I mean poster. Alright I am done here. Where did this soapbox come from?
PS most of these peeps are against walmart ( including yo) they just dont see the need to talk about it closing because it is already happening. Only bullies keep on puching in a done fight. Your not a bully right?
@JJ
Forget the beer I rather have Holt
QUOTE (Crawlie @ Nov 3 2006, 9:04 pm)
Only STOOPID people join the army - Sen. John Kerry.
Daniel. What are you expecting? It is what Bush and co. wants! Money talks in the US... who cares about the peasants? They are there to help the rich people get more rich
Daniel. What are you expecting? It is what Bush and co. wants! Money talks in the US... who cares about the peasants? They are there to help the rich people get more rich
That's the problem. All's about money only. Rich getting richer and poor getting poorer. And now this phenomena also comes true for Europe and Asia more rapidly. It's capitalim in its ugliest form.
Rich American guys and politicians don't send their kids to army to get shot. That's the fact!
Kerry said some comments exactly on that topic. But it was stupid what he said. He said something like if American children don't get educated, then they can join army only. But this statement contains two mistakes:
1) First of all, intelligent but poor people can't afford good education so they can escape only in criminality or in army if they don't want to clean toilet or work in Mc Donalnd/Wal Mart for dumping salary for the rest of their life
2) And it's not true that all people in army are stupid guys only.
There're intelligent people also but they had no option. They had to join army (military school) to get some education. If they join army, they get free education.
There're enough poor people in US. So for Bush, there will always be never ending source of soldiers for his purposes and rich company guys's purposes. Only 1 % of US people are really the guys who're deciding about war and about all what should be going on in politics and economy in the country. Not only in US but also outside the US. What country do they want to attack next or what games they want to play next. And they have more than 30%-50% money in their hands or like that.
But what Kerry said is insult to soldiers. It's really bullshit what he said, even if some truth is there. It's only half the truth and nothing is more dangerous and provocative than telling half of the truth.
For those who were wondering, Walmart has already sold most (if not all) of their stores to Metor earlier this year. Interesting read at The Economist.
woof.
woof.
QUOTE (perdido @ Nov 3 2006, 9:45 pm)
@D.Freeman
Yes you seem to know all the answers like hitler, bismark, stalin, Bush, etc all those so called greats who tell others what to do because thats all they know what to do. Dont get me wrong because I know you are not one of those peeps. I know you have volunteered just as much as I have by helping immigrants to read, feeding the homeless, working in social agencies to work on making a better society not just talking about it. In fact the next time you are in America let me know because I can put you in touch with real nonprofits , not goverment- funded social agencies that would love to have you help them ( sorry I wont waste your time placing up internet links.. any joe schmo could do that). Why? Because I know you have insight man (I can tell). You see I also have gone to other countries I lived in Cuba and worked there despite my goverments request for me not to. Did I get paid? No. Do I point to others making accusations? No. Oh wait I got off subject there I am refering to some other poser I mean poster. Alright I am done here. Where did this soapbox come from?
PS most of these peeps are against walmart ( including yo) they just dont see the need to talk about it closing because it is already happening. Only bullies keep on puching in a done fight. Your not a bully right?
@JJ
Forget the beer I rather have Holt
Yes you seem to know all the answers like hitler, bismark, stalin, Bush, etc all those so called greats who tell others what to do because thats all they know what to do. Dont get me wrong because I know you are not one of those peeps. I know you have volunteered just as much as I have by helping immigrants to read, feeding the homeless, working in social agencies to work on making a better society not just talking about it. In fact the next time you are in America let me know because I can put you in touch with real nonprofits , not goverment- funded social agencies that would love to have you help them ( sorry I wont waste your time placing up internet links.. any joe schmo could do that). Why? Because I know you have insight man (I can tell). You see I also have gone to other countries I lived in Cuba and worked there despite my goverments request for me not to. Did I get paid? No. Do I point to others making accusations? No. Oh wait I got off subject there I am refering to some other poser I mean poster. Alright I am done here. Where did this soapbox come from?
PS most of these peeps are against walmart ( including yo) they just dont see the need to talk about it closing because it is already happening. Only bullies keep on puching in a done fight. Your not a bully right?
@JJ
Forget the beer I rather have Holt
Why should I help them ? How should I help them ? How should this help look like ? Shall I go on raod like you do and distribute soups and bread ? These poor Americans, they need a chance in their life. Not charity. They need future prospect. Not some bread that falls down from some rich guys's table. They need a real chance. Proper education. And proper salary.
Yes, I'm against Wal Mart and rich guys who behave in similar ways.
Ok let's close this thread.
I just say lets kill off anyone that has more than $10 thousand in the bank and nationalize the money.
End all problems.
End all problems.
Genie, quit living on dreams.
Quick nod to Mr. Falco there.
On the topic, I'm a big fan of capitalism. I'm filthy rich and glad of it. If me being rich means others are poor then I really don't give a damn. Personally I'll be sad to see Walmart go. They have pork scratchings and that's a good thing. They're also a good source of relatively decent cheddar. If they exploit their staff then I'm not going to lose any sleep over it. If their way of running a business causes someone a problem then I suggest that person doesn't look for a job at Walmart. Simple really.
Quick nod to Mr. Falco there.
On the topic, I'm a big fan of capitalism. I'm filthy rich and glad of it. If me being rich means others are poor then I really don't give a damn. Personally I'll be sad to see Walmart go. They have pork scratchings and that's a good thing. They're also a good source of relatively decent cheddar. If they exploit their staff then I'm not going to lose any sleep over it. If their way of running a business causes someone a problem then I suggest that person doesn't look for a job at Walmart. Simple really.
As a shareholder, I just hope their stock price goes up
Keydeck "If their way of running a business causes someone a problem then I suggest that person doesn't look for a job at Walmart. Simple really"
In US, there're only such jobs. It does not matter where people work. If they get shit money only, then they have no chance.
In US, there're only such jobs. It does not matter where people work. If they get shit money only, then they have no chance.
QUOTE (Joliet Jake @ Nov 4 2006, 12:07 am)
As a shareholder, I just hope their stock price goes up
I hope stock crashes and goes down to zero and you loose all your money
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