Razor Blades and Wal Mart

   / Razor Blades and Wal Mart #81  
77% of people that start to work with Walmart will Quit in the first Year:D
 
   / Razor Blades and Wal Mart #82  
Are we talking about the place that limits their employees to 35 hours a week so they don't get benefits? The place that put about every little local business on the town square out of business years ago? The place that drains money out of local communities and sends it to their home office?

Yea that place.

The place that WON"T let employees go to the restroom or have a 15 minute break or lunch break.
 
   / Razor Blades and Wal Mart #83  
That's interesting, David. Of course, I haven't seen one of their stores yet, but our local newspaper has quoted them as saying their business picks up during recessions when people are trying to save money, then when times get better, the customers they gained during the recession stay with them.

It is interesting that during this recession, Aldi is coming to town AND a new Walmart and Sam's Club are being built.

I haven't been in an Aldi's in years, but what I remember is the cashiers didn't have a bar code scanner back then. And there were no price tags on the items. The cashiers memorized the price of each and every item and if they didn't know it they would look on a little chart. RARELY did the cashier mess up as compared to the bar code system. Pretty impressive. Unlike the folks at the Dollar Store that can't remember the prices on the couple items that don't cost a dollar! :rolleyes:

Aldi's saves money by not having as much overhead in the form of labor. They did not put price tags on items(before the barcode days), they just slashed open the boxes and put the entire box on the shelf rather than stacking the items individually. Customers were encouraged to take the empty boxes off the shelves and use them instead of bags. There were usually just one person stocking shelves and a couple/three cashiers. That's it. They then passed on the savings to customers. Good plan, except their off brand items didn't taste as good to me as name brand stuff. However, you could eat it and survive. :p
 
   / Razor Blades and Wal Mart #84  
So I guess Aldi's has been in the USA quite awhile; just not in Texas. And before "store brand" stuff, I frequently tried "generic" products; some were good and some were not. Some are neither better nor worse; just different, and some aren't even different that I can tell.:D Since all our Safeway and Winn Dixie stores closed up, many Albertson's closed (and I expect more to be closing), Tom Thumb stores still hanging on in wealthy neighborhoods, Minyard's changing to specialize in Mexican foods and products, new Walmarts and Krogers being built, along with Sam's Club and Costco, . . . I'm just surprised that any new players would try to break into the grocery business around here.:rolleyes:
 
   / Razor Blades and Wal Mart #85  
My county is elected officials and the people who have elected them rabidly anti retail business. Say Walmart in front of them and its like a red cape in front of a bull....

My elected officials spent 145K for a study about economic development in our county. The only evidence of the 145K we can find is a PowerPoint presentation that I could put together in two weeks, one week if I worked real hard. Not a danged thing new in the presentation that I have not heard a zillion times.

- Financing a county based on property tax revenues is very hard. Services for residents are expensive and revenue from the property taxes don't fully cover the expense.
- Businesses require few services and generate more taxes, usually there is always the sweetheart deals that get made, which help pay for resident services.
- Since our county has very little retail business must of the money spent shopping is done OUT of the county. Other counties are getting our money since we don't have the places to shop in OUR county.
- The majority of the highly paid people in my county work out of the county since our county does not have any high paid jobs. Again the other counties get the tax revenue from these large companies and institutions.

Most of the tax revenue in our county goes to social services and schools. Schools being the largest consumer of taxes. Taxes from business would go to the county and while not requireing more schools or social services.

Because of the way our county officials are elected a group concentrated in one geographical area controls our government. They are rabidly anti business and development. They have passed an ordenance that prevents development on the main north/south road in the county for 3,000 feet on either side of the highway! Take about taking of property! If you own land on that road you can not sell it to be used for subdivisions or retail. Its not good for farming anymore so its only value is for people to view. And people enjoying the view just prevents the people who owned the land from making money of their land. The viewing people do not pay taxes or pay for the land but they now have control of the land. I would call it theft.

Since we don't have much retail and the county does not support retail establishments we have a problem. There was talk of a Walmart or similar store along this north/south road but the uproar about evil WallyWorld and demons that follow ended that idea quick. So people go north or east to shop. And we get higher taxes to support our schools as a result.

Simply brilliant. Maybe the 145K study will show up and we will see what it says.... But I don't it will appear.

Before the current Ship Of Fools arrived in power a Lowes was built at the intersection of a highway. Very good spot. I don't think that store could get built today. The Lowes put out of business a local hardware store and the Sears Tool and Appliance store. The owners of the hardware store are doing real well renting out their old space to two different businesses and they opened a florest shop. The guy that owned the Sears store disappeared. :eek:

The Maytag dealer on the main street in town is doing just fine.

The hardware store owners we see from time to time and its a shame that they had to go out of business but they did not and could not have the selection of a Lowes. Their location was very bad as well. You had to know where they were located. Lowes is front and center. The hardware people have to be doing better today than they ever where before Lowes came to town.

If Target was number one in the retail business we would be saying Target and not Walmart. Or is Target ok if we pronounce Target they way we thing the French would? :D:D:D:D

Later,
Dan
 
   / Razor Blades and Wal Mart #86  
Yea that place.

The place that WON"T let employees go to the restroom or have a 15 minute break or lunch break.

Walmart posts a job opening and says hey, we want you to work for X wages and Y hours. These are the benefits you will get. The person signs up fully knowing the deal. Then they start crabbing about low pay, not enough benefits, etc... THEY KNEW THE DEAL BEFORE THEY SIGNED ON.

I've had plenty of low paying jobs. I worked 36HRS 4 days a week pumping gas into airplanes while working 15-20 hours a week driving military trucks onto rail cars while working a couple nights a week as a lifeguard on a white water course while attending technical college full time for three years while dating my future wife! And I still had enough time to eat pizza with my buds and get drunk several times a week. :rolleyes: Once I got out of school with two degrees and no debt I got married and slimmed down to one full-time job and lifeguarding during the summer. We bought a $20,000.00 house in a rough neighborhood and paid that off ASAP, bought some land, paid that off, had a child, moved into a larger house, paid that off, had a second child, etc... paying as we go and living below our means. The problem is people think they are entitled to high wages and benefits instead of hunkering down and earning them. It is a well known fact that working the floor at Walmart is not a job that will provide enough wages to earn a decent living. Neither is stocking the shelves at a mom and pop grocery store or being the oil change guy at some local garage. You need an education and job experience or have an uncle in a union and you need to know how to live below your means and you need to have a plan. How many folks working the floor at Walmart do you think have a plan to get out of there?

If I get to the point that I can't afford razor blades, I'll let my beard grow and trim it with scissors. ;)
 
   / Razor Blades and Wal Mart #87  
THEY KNEW THE DEAL BEFORE THEY SIGNED ON.

That's what I've always thought, too. Of course, I made up my mind when I was 19 years old that I would not work anywhere that required I be a member of a union. As far as I'm concerned, anyone who goes on "strike" is the same as resigning and I had no intention of letting someone else (union management) tell me when to go to work and when to quit. Ronald Reagan knew how to "negotiate" properly with unions.:D

You obviously managed your money better than I, but otherwise, we had a bit in common. When I was a full time postal clerk, I also drove a taxi cab in Dallas and one year I drove a school bus. Then when I was a police officer, I moonlighted for a valet parking service, hotel security, department store security, apartment assistant manager, etc. and went to college. And I didn't move up in rank because I was smarter than some others, but because I spent more time studying, and working at doing the job right, than anyone I knew.
 
   / Razor Blades and Wal Mart #89  
It's interesting to me that there has been several posts about lower paid workers knowing what they were getting when they signed on, but nobody comments on a CEO making $30 million.

One of the local banks has been in business over a hundred years and had their best year in 2008. They made about $3.3 million dollars. So one CEO has made 10x the earnings of a bank that has been in business for 100 years....
 
   / Razor Blades and Wal Mart #90  
It's interesting to me that there has been several posts about lower paid workers knowing what they were getting when they signed on, but nobody comments on a CEO making $30 million.

He's in the same boat as his employees, if he wants a higher salary he should look for another job. The Target CEO made $48M in 2007. All major corporation CEOs are well-compensated, especially when they can grow the company and increase profitability. It's when a company doesn't do well and the CEO compensation increases that one should raise eyebrows, picking on a CEO who's salary is inline with the industry and who's company is doing well means we're just saying "he makes a lot more than I do and he must be evil!"

Just for fun, some interesting stats. I compared the Walmart CEO to my own. If both CEOs worked pro-bono for a year Walmart employees would see $14.28 at the end of the year, I would see $2234. Walmart's CEO makes 0.015% of his companies market cap, mine makes 0.8%. Walmart's makes 0.008% of revenue and 0.236% of net income, mine is 0.554% and 12.857%. The net income numbers are the most interesting, it takes my company 47 days to make enough money to pay the CEO, it takes Walmart less than 21 hours so by January 2nd the CEO is fully paid. Big numbers are hard to fathom unless presented in perspective.
 
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