What happens to Walmart when people run out of money?

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What happens to Walmart when people run out of money?

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2013 Feb 16, 1:49pm 20,641 views 48 comments

http://www.businessinsider.com/walmart-struggles-with-payroll-taxes-2013-2#ixzz2L6QC8lkE

Wal-Mart shoppers are the barometer of the U.S. consumer, and these emails reflect common sense about customers," Sozzi told us. "The consumer isn't mentally or physically ready to spend on discretionary inventory and there's no reason to be optimistic." "The fundamental health of Wal-Mart's customer is concerning," Sozzi said. The numbers Wal-Mart reported at earnings reveal a troubling trend. Traffic is nearly flat from a year ago, and Sam's Club executives said that customers aren't shopping as much. The Wal-Mart executives blamed the hike in payroll taxes and a delay in tax returns for why customers aren't shopping, according to...

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41 bg 2013 Feb 24, 1:45am

carrieon says

Dollar General and Aldi's are taking away their business. Oh, and don't forget about Good Will too. That's not a joke. All three are kicking ass with outrageous growth.

I love Goodwill, but really dislike the dollar store. Too much of their stuff is crap. I go in twice a year to buy gift bags. The rest of it is not helpful to me at all.

42 carrieon 2013 Feb 24, 3:24am

Walmart's return policy is always 100% money back guaranteed, no questions asked.
That's one nice thing I can say about that store.

MsBennet 2013 Feb 24, 3:37am

Target offers 5% back on all purchases with their Target Red Card. That might be having an effect. And Target has groceries now but they are limited. I don't like shopping at Walmart. To me it screams "get out as soon as you can." I prefer shopping at Target, where they have cool, pretty things especially in the house ware department to look at, with some upscale designers offering lower-priced goods like furniture, lamps and bedding.

But Whole Foods is a good place to impress women.

44 carrieon 2013 Feb 24, 3:39am

I love Goodwill, but really dislike the dollar store. Too much of their stuff is crap. I go in twice a year to buy gift bags. The rest of it is not helpful to me at all.

Gosh, you are missing out on the best part of Dollar General? If you want quality, just be a snot and pick up the discounted name brand products only.
This is where they destroy the quick stops and retail chains.

Oops? I just noticed you said dollar store. Please don't confuse dollar stores with Dollar General. Hopefully, you have them in your area?

45 MMR 2013 Feb 24, 4:15am

That's certainly one way of looking at it, but shopping online is a boon for people who don't drive/own a car. Also, saves gas and energy of having to deal with the general public.

Reality says

Walmart doesn't have the best price or quality, but for the sheer variety that one can buy all in one place, it's not a bad deal for minimizing driving.