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Tag Archives: Wal-mart
Wal-Mart’s cuts 2,300 jobs at Sam’s Club
Wal-Mart Stores Inc (WMT.N) said on Friday it had cut 2,300 jobs, or roughly 2 percent of the total workforce at its Sam’s Club retail warehouse chain, its biggest round of layoffs since 2010. The action follows a lackluster U.S. holiday season and … Continue reading
Collecting Donations For Wal-Mart Employees That Cannot Afford Thanksgiving Dinner?
You may find what is happening at one Wal-Mart in Ohio very hard to believe. At the Wal-mart on Atlantic Boulevard in Canton, Ohio employees are being asked to donate food items so that other employees that cannot afford to … Continue reading
Wal-Mart U.S. quarterly comparable sales slip
Wal-Mart Stores Inc on Thursday reported lower-than-expected quarterly revenue, hurt by an unexpected decline in U.S. comparable sales and what the company called a competitive retail environment. The world’s largest retailer said comparable sales at its U.S. stores, its biggest unit, fell 0.3 … Continue reading
Wal-Mart Nails The “Consumer Recovery” Coffin Shut
Welcome to the new normal recovery… if ever there was a headline that summed up the idiocy of the mal-invested distorted new normal, Wal-Mart just managed it: *WAL-MART CUTTING ORDERS AS UNSOLD MERCHANDISE PILES UP IN U.S. More…
Wal-Mart Situation “Getting Worse” New Leaks Reveal
Two weeks ago, Wal-Mart stunned the world when a leaked memo discloses that February sales had been a “total disaster” and the company was facing the worst February start since 2006. Today, Bloomberg’s deep throat in Bentonville strikes again, as a new leak emerges. … Continue reading
Wal-Mart Says February Sales “Total Disaster”, Worst Monthly Start Since 2006; Stock Drops
Wal-Mart shares are plunging as the firm reports a ‘total disaster’ in its February sales. Bloomberg obtained internal emails that note: “In case you haven’t seen a sales report these days, February MTD sales are a total disaster,” Jerry Murray, Wal-Mart’s vice president … Continue reading
Posted in Editorial, Financial
Tagged February Sales, Wal-mart
Comments Off on Wal-Mart Says February Sales “Total Disaster”, Worst Monthly Start Since 2006; Stock Drops