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Post by aztec70 on Oct 18, 2012 12:29:04 GMT -8
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Post by aztecwin on Oct 18, 2012 14:05:15 GMT -8
Let market forces see where things will go. Let WalMart double pay and provide lucrative benefits and see how long they last in business.
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Post by aztec70 on Oct 18, 2012 15:22:14 GMT -8
Let market forces see where things will go. Let WalMart double pay and provide lucrative benefits and see how long they last in business. Seems to work for Costco. The point you are ignoring is that reducing turnover and shrinkage will make up for increased personnel costs.
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Post by aztecwin on Oct 19, 2012 12:56:27 GMT -8
Let market forces see where things will go. Let WalMart double pay and provide lucrative benefits and see how long they last in business. Seems to work for Costco. The point you are ignoring is that reducing turnover and shrinkage will make up for increased personnel costs. Go ahead and convince WalMart to go the same route. I suggest that productivity is what makes Costco successful and maybe what you suggested about shrinkage.
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Post by AlwaysAnAztec on Oct 19, 2012 15:37:15 GMT -8
If repubs had their way, the U.S. would go the way of China where Foxconn employs thousands who assemble our goods at $7.50 a day.
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Post by aztecsrule72001 on Oct 19, 2012 16:31:25 GMT -8
Ford did what he thought was best for his business, Walmart is doing what they think is best for their business. If you don't like what Walmart is doing, then don't shop there. Pretty simple.
Also just a FYI, Ford was anti-unions.
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Post by aztecsrule72001 on Oct 19, 2012 16:43:45 GMT -8
I just read the article you posted, how did the author come to the conclusion that raising wages would boost profit margins? Just because it happened when Ford did it does not mean the same thing would happen with Walmart. No where in the article does it mention Walmart's turnover costs and how it compares to what the employees want (higher wages + healthcare). There's a big difference between would and could. Raising wages could boost Walmart's margins but without the numbers you can't really come to that conclusion.
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Post by aztecsrule72001 on Oct 19, 2012 16:49:08 GMT -8
Let market forces see where things will go. Let WalMart double pay and provide lucrative benefits and see how long they last in business. Seems to work for Costco. The point you are ignoring is that reducing turnover and shrinkage will make up for increased personnel costs. Last I checked Walmart is making a whole lot more than Costco. So how can anyone claim it's a bad business decision? Personally I don't shop at Walmart but $$$ talks and people are spending their $$$ at Walmart.
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Post by aztec70 on Oct 19, 2012 22:53:36 GMT -8
Seems to work for Costco. The point you are ignoring is that reducing turnover and shrinkage will make up for increased personnel costs. Last I checked Walmart is making a whole lot more than Costco. So how can anyone claim it's a bad business decision? Personally I don't shop at Walmart but $$$ talks and people are spending their $$$ at Walmart. money.msn.com/top-stocks/post.aspx?post=58cfe657-a90e-46cb-9d80-c2960f8c72a5This guy says Costco is growing its sales, but Walmart is not.
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Post by aztecsrule72001 on Oct 20, 2012 13:08:01 GMT -8
That's great, I'm a big fan of Costco and how they do business but until they become the dominate retailer or they start taking a big chuck out of Walmart's market share there won't be a lot of motivation for Walmart to change. Walmart's net income is a little more than 10 times Costco's net income ($15.7 B vs $1.5 B), even if you're looking at just the Sam's Club portion of Walmart they still made more than Costco ($1.6 B vs $1.5 B). But if you want them to change then speak with your money and don't shop there anymore, go to a store that treats their employees better even if it means paying a little more for goods.
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Post by aztec70 on Oct 20, 2012 15:06:28 GMT -8
That's great, I'm a big fan of Costco and how they do business but until they become the dominate retailer or they start taking a big chuck out of Walmart's market share there won't be a lot of motivation for Walmart to change. Walmart's net income is a little more than 10 times Costco's net income ($15.7 B vs $1.5 B), even if you're looking at just the Sam's Club portion of Walmart they still made more than Costco ($1.6 B vs $1.5 B). But if you want them to change then speak with your money and don't shop there anymore, go to a store that treats their employees better even if it means paying a little more for goods. I have boycotted WalMart for years.
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Post by aztecsrule72001 on Oct 21, 2012 15:33:30 GMT -8
That's great, I'm a big fan of Costco and how they do business but until they become the dominate retailer or they start taking a big chuck out of Walmart's market share there won't be a lot of motivation for Walmart to change. Walmart's net income is a little more than 10 times Costco's net income ($15.7 B vs $1.5 B), even if you're looking at just the Sam's Club portion of Walmart they still made more than Costco ($1.6 B vs $1.5 B). But if you want them to change then speak with your money and don't shop there anymore, go to a store that treats their employees better even if it means paying a little more for goods. I have boycotted WalMart for years. Well at least you're willing to match your views with your money. Personally I shop at Target, not only do I prefer it but it's also much closer than the nearest Walmart. I would shop at Costco but I don't need so much.
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Post by davdesid on Oct 21, 2012 16:08:14 GMT -8
That's great, I'm a big fan of Costco and how they do business but until they become the dominate retailer or they start taking a big chuck out of Walmart's market share there won't be a lot of motivation for Walmart to change. Walmart's net income is a little more than 10 times Costco's net income ($15.7 B vs $1.5 B), even if you're looking at just the Sam's Club portion of Walmart they still made more than Costco ($1.6 B vs $1.5 B). But if you want them to change then speak with your money and don't shop there anymore, go to a store that treats their employees better even if it means paying a little more for goods. I have boycotted WalMart for years. I have never patronized WalMart in the past, but thanks to the libtard comments about them on this board I will now make an effort to support them.
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