WalMart is beginning to collapse. A sure sign of recession.

Re: WalMart is beginning to collapse. A sure sign of recession.

PostBy: lsayre On: Fri May 30, 2014 9:31 pm

Lightning wrote:Well partner, here is a prime example of this. The bread I take into Wal-Mart isn't charged to the store. The bill I print for the product isn't even given to the store. The bill means nothing to them. The only reason I process a bill is so I get my commission on the product. As a matter of fact, the product I take in, or take out (old bread) isn't checked by the Wal-Mart receiver to see if it matches the bill! It's called "scan based payment". Wal-Mart ONLY pays the bread company for what it scans as sold at the front register. They take NO LOSS on theft or missing product or damaged product for that matter (damaged by them or customers). SO, if they decide to have a company picnic and nobody scans the rolls they use thru the front register, GUESS WHAT? The bread company just bought it for them!


Yes. that sure sounds like consignment. Full stores with zero dollars of inventory. Now that's power!
lsayre
 
Stoker Coal Boiler: AHS S130 Coal Gun
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Other Heating: Resistance Boiler (13.5 KW)

Re: WalMart is beginning to collapse. A sure sign of recession.

PostBy: Lightning On: Fri May 30, 2014 9:37 pm

lsayre wrote:Yes. that sure sounds like consignment. Full stores with zero dollars of inventory. Now that's power!

They are urging companies to go this route. Its good for them. No loss on stolen or damaged goods? Oh guess what else its doing... eliminating the receiver position.
Lightning
 
Hand Fed Coal Furnace: Clayton 1537G
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Re: WalMart is beginning to collapse. A sure sign of recession.

PostBy: freetown fred On: Fri May 30, 2014 9:41 pm

I gotta ask??????? Is it power or smart business. Strikes me that all these companies that been screwing US, are now getting a taste of their own medicine. Just an old guys thought.
freetown fred
 
Hand Fed Coal Stove: HITZER 50-93
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Re: WalMart is beginning to collapse. A sure sign of recession.

PostBy: Lightning On: Fri May 30, 2014 9:45 pm

freetown fred wrote:I gotta ask??????? Is it power or smart business. Strikes me that all these companies that been screwing US, are now getting a taste of their own medicine. Just an old guys thought.

Both.. They are using their power to their ultimate advantage.
Wouldn't ya say?
They are bullies in the business world.
Lightning
 
Hand Fed Coal Furnace: Clayton 1537G
Coal Size/Type: Nut/Stove Size Mix

Re: WalMart is beginning to collapse. A sure sign of recession.

PostBy: freetown fred On: Fri May 30, 2014 9:48 pm

Come on Lee, aren't they all bullies--as in--got us by the balls?????????? Wally World is just way more visible.
freetown fred
 
Hand Fed Coal Stove: HITZER 50-93
Coal Size/Type: BLASCHAK Nut/Stove mix

Re: WalMart is beginning to collapse. A sure sign of recession.

PostBy: jpete On: Fri May 30, 2014 10:03 pm

lsayre wrote:
Lightning wrote:Well partner, here is a prime example of this. The bread I take into Wal-Mart isn't charged to the store. The bill I print for the product isn't even given to the store. The bill means nothing to them. The only reason I process a bill is so I get my commission on the product. As a matter of fact, the product I take in, or take out (old bread) isn't checked by the Wal-Mart receiver to see if it matches the bill! It's called "scan based payment". Wal-Mart ONLY pays the bread company for what it scans as sold at the front register. They take NO LOSS on theft or missing product or damaged product for that matter (damaged by them or customers). SO, if they decide to have a company picnic and nobody scans the rolls they use thru the front register, GUESS WHAT? The bread company just bought it for them!


Yes. that sure sounds like consignment. Full stores with zero dollars of inventory. Now that's power!


Every car dealer on the planet works the same way. Every car you see on the lot is on consignment from the manufacturer.
jpete
 
Hand Fed Coal Stove: Harman Mk II
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Other Heating: Dino juice

Re: WalMart is beginning to collapse. A sure sign of recession.

PostBy: lsayre On: Wed Jun 25, 2014 6:57 pm

lsayre wrote:The revised figures were released today, and the nations GDP "growth" actually was -0.99% for the last quarter. As goes WalMart, so goes the nations GDP.


The governments final GDP revision was released today, and our nations GDP declined by a massive 2.9%. That's -2.9% growth for the past quarter. Can you say recession?
lsayre
 
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Stockton Anthracite Pea
Other Heating: Resistance Boiler (13.5 KW)

Re: WalMart is beginning to collapse. A sure sign of recession.

PostBy: Flyer5 On: Wed Jun 25, 2014 8:56 pm

lsayre wrote:
lsayre wrote:The revised figures were released today, and the nations GDP "growth" actually was -0.99% for the last quarter. As goes WalMart, so goes the nations GDP.


The governments final GDP revision was released today, and our nations GDP declined by a massive 2.9%. That's -2.9% growth for the past quarter. Can you say recession?



Any coincidence that Affordable health care was just put in force this past quarter?
People that would be shopping found out how much their health care costs went up. I personally have $ 10,000 I have to cut from spending on anything else.
Flyer5
 
Stoker Coal Boiler: Leisure Line WL110
Hot Air Coal Stoker Stove: Leisure Line Pioneer

Re: WalMart is beginning to collapse. A sure sign of recession.

PostBy: Hambden Bob On: Wed Jun 25, 2014 9:06 pm

The "No Free Lunch Monster" is starting to show it's teeth. :eek2:
Hambden Bob
 
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