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(Bloomberg)   Walmart learning that shoppers don't like to go to understaffed stores, cuts orders as unsold merchandise piles up   (bloomberg.com) divider line 84
    More: Obvious, Walmart, David Tovar, U.S. Division, ShopperTrak, net sales, pallets, merchandise, Dow Jones Industrial Average  
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3072 clicks; posted to Business » on 26 Sep 2013 at 7:33 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-09-26 12:13:16 AM  
I used to hit Wal Mart for three things:  paper towels, toilet paper, and water.

They can't manage to keep those on the shelves, so I quit going.  I just get it from Safeway.  It might be more expensive, but no more than making a wasted trip to another store just to find they don't have the shiat you want.
 
2013-09-26 12:17:48 AM  
I used to shop at our local WalMart for groceries, simply because they had the most stuff in stock. About 6 months ago, it became almost a joke-if I had 10 things on my shopping list, they were out of stock on 5 of them.

Since then, I hardly ever go there for groceries anymore. I don't care how good their prices are, if they don't have the stuff on the shelves, it is all sort of academic.

Unfortunately, the local Safeway stores are have always been as bad, or worse. That pretty much leaves Fred Meyer.
 
2013-09-26 12:33:42 AM  
How are you liking Adam Smith's Invisible B*tchslap, Walton family?
 
2013-09-26 01:04:09 AM  
Oh look, the Christmas crap has finally showed up so early NO ONE can stand it. Before Thanksgiving was bad enough, but before Halloween? that's just stupid - and gets in the way of the Halloween stuff. About damn time stores started to feel the pain pre-pre-pre-pre-Christmas causes the rest of us.

Jesus Christ, your birthday isn't for another three months!

/and the stuff's already been out at least a week around here
 
2013-09-26 01:50:29 AM  
I bet that they've also got hundreds, if not  thousands, of trailers packed with merchandise and are shuttling them back and forth from one distribution center to another. That way they can show it on paper as "in transit" and not inventory "on hand."
 
2013-09-26 02:21:28 AM  
I bet you that there is a correlation between Amazon sales skyrocketing and Walmart sales dropping.
 
2013-09-26 02:26:57 AM  
For two months I've been trying at WalMart to pick up the first two seasons of Breaking Bad so my parents can watch it since they got so interested in it, living in New Mexico and hearing about it. I know there are other stores, and the internet, and the internet. But at this point I just keep trying WalMart because I want to see if they will ever stock those two empty slots. They also never have any cartons of Goldfish or any 12 packs of Torpedo.
 
2013-09-26 02:29:30 AM  

violentsalvation: For two months I've been trying at WalMart to pick up the first two seasons of Breaking Bad so my parents can watch it since they got so interested in it, living in New Mexico and hearing about it. I know there are other stores, and the internet, and the internet. But at this point I just keep trying WalMart because I want to see if they will ever stock those two empty slots. They also never have any cartons of Goldfish or any 12 packs of Torpedo.


Netflix hosts BB
 
2013-09-26 06:36:40 AM  
Walmart is a fascinating psychological experiment. How much misery will people put up with to save $0.09.
 
2013-09-26 06:42:33 AM  
If you shop at walmart, you are the problem.
 
2013-09-26 07:49:33 AM  
I wonder if all of it went out of business tomorrow the very top decision makers and benefactors would really care because of how wealthy they are today. And if that's so, it explains so much
 
2013-09-26 07:50:38 AM  
"Merchandise has been piling up because consumers have been spending less freely than Wal-Mart projected, and the company has forfeited some sales because it doesn't have enough workers in stores to keep shelves adequately stocked."

If only there was a solution to this problem.... I know, let's order less stuff!  BRILLIANT!

/one or two more minions per store might solve the bare shelves thing, and or one or two more distribution trucks and drivers per region but no, let's not just not hire any one, let's force our suppliers to scale back their staffing too...
 
2013-09-26 07:58:21 AM  

sno man: "Merchandise has been piling up because consumers have been spending less freely than Wal-Mart projected, and the company has forfeited some sales because it doesn't have enough workers in stores to keep shelves adequately stocked."

If only there was a solution to this problem.... I know, let's order less stuff!  BRILLIANT!

/one or two more minions per store might solve the bare shelves thing, and or one or two more distribution trucks and drivers per region but no, let's not just not hire any one, let's force our suppliers to scale back their staffing too...


Thanks, Obama
 
2013-09-26 07:58:43 AM  
I also think and hope that consumers may be developing a conscience. We still want great deals but not so much at the expense of our peers, and if it seems like that's who is getting the shaft versus the overpaid execs then good day to you sir!
 
2013-09-26 08:09:19 AM  
I had to stop going to wal mart because of the hillbilly, tatooed, body piercing, zero social skill clientele/workers just got to be too creepy.
Kind of bizzare when you can't tell the customers from the workers.
go to target now for the hot buttered soccer Moms .. sure beer may be 25 cents more but a much better view !
 
2013-09-26 08:09:50 AM  

violentsalvation: For two months I've been trying at WalMart to pick up the first two seasons of Breaking Bad so my parents can watch it since they got so interested in it, living in New Mexico and hearing about it. I know there are other stores, and the internet, and the internet. But at this point I just keep trying WalMart because I want to see if they will ever stock those two empty slots. They also never have any cartons of Goldfish or any 12 packs of Torpedo.


The Wal-Mart nearest me did not even stock GTAV on release date.  Instead, their new release endcap was filled with 40 rows of Rockband - AC/DC expansion.
 
2013-09-26 08:21:12 AM  

EvilEgg: Walmart is a fascinating psychological experiment. How much misery will people put up with to save $0.09.

 
2013-09-26 08:22:05 AM  
FTA: the company has forfeited some sales because it doesn't have enough workers in stores to keep shelves adequately stocked.

So why not let the workers they have work an additional 5 hours a week to stock the shelves?  Nope, can't do that!  Can't have anyone working more than 29.5 hours a week.  Walmart management decided that it is better to cut off their nose to spite their face.
 
2013-09-26 08:30:41 AM  

sno man: "Merchandise has been piling up because consumers have been spending less freely than Wal-Mart projected, and the company has forfeited some sales because it doesn't have enough workers in stores to keep shelves adequately stocked."

If only there was a solution to this problem.... I know, let's order less stuff!  BRILLIANT!


Hell, its not like the Wal*Mart company actually pays for what they order anyway.....

The Walton companies are notorious for low-balling their suppliers and stretching out paying for what they
order until the last possible second.
 
2013-09-26 08:31:51 AM  

Muta: FTA: the company has forfeited some sales because it doesn't have enough workers in stores to keep shelves adequately stocked.

So why not let the workers they have work an additional 5 hours a week to stock the shelves?  Nope, can't do that!  Can't have anyone working more than 29.5 hours a week.  Walmart management decided that it is better to cut off their nose to spite their face.


Their response will be to fire current employees when profits dip.
 
2013-09-26 08:52:41 AM  
If you've got a full Super Target nearby you could get groceries there, pricing is comparable to Walmart, perhaps even lower if you get a Red Card which gives 5% off purchases and can be set up like a debit card. Target store brands can be really delicious, they've got awesome cereals and potato chips. I prefer Target over Walmart. Stores are cleaner and are typically at least mostly organized instead of looking disheveled, and they're not filled with "People of Walmart." They typically have what I want in stock.

http://finance.yahoo.com/news/pf_article_112747.html

My mother in law worked at a Walmart for about a decade, she recently quit finally. It sounded like an awful job, so I was relieved that she wasn't doing it any more. The management were more concerned about profits than they were about actually effectively managing their stores. They got bonuses each year for sales.
 
2013-09-26 09:38:03 AM  

1nsanilicious: I wonder if all of it went out of business tomorrow the very top decision makers and benefactors would really care because of how wealthy they are today. And if that's so, it explains so much


They are buying into retail in other countries.  In Australia they own major chunks of Wesfarmers  who own Local grocery chain Coles and the Aussie licensed versions of Target and K-mart which are looking like overpriced $2 shops) as well as owning parts of  their competitor Woolworths (who own the local Safeway, Big W (related to Wal-Mart)  and Masters (part owned by Lowes) and CalTex (Texaco and Chevron)

When you can buy 20% or so of each company like these and dump in billions in other investments in a market that only has two major chains in each market that have a huge market on everything, why would you keep investing in the US market?  They are doing the same thing all over the world.   The Ikea family is also buying into Wesfarmers where Bunnings (just like a small Home Depot)  and K-mart have stared selling a fair number of Ikea products without the funny product names.

A Treasurer of Wal-Mart was in town a few months ago giving a talk for some odd reason.
 
2013-09-26 09:50:20 AM  
I love watching the free market at work.
 
2013-09-26 10:07:20 AM  

ornithopter: Oh look, the Christmas crap has finally showed up so early NO ONE can stand it. Before Thanksgiving was bad enough, but before Halloween? that's just stupid - and gets in the way of the Halloween stuff. About damn time stores started to feel the pain pre-pre-pre-pre-Christmas causes the rest of us.

Jesus Christ, your birthday isn't for another three months!

/and the stuff's already been out at least a week around here


Your rant is 20 years too late. Christmas stuff has been showing up in early September for at least 20 years.
 
2013-09-26 10:15:13 AM  
Basically "ordered" my wife not to shop at WalMart anymore - basically told her I didnt care for their business practices and she should go to the Target which is both closer and 100x less disgusting.  Wally world was just a habit for her - one that was easily broken.
 
2013-09-26 10:16:51 AM  
Twenty-two checkout lanes and three clerks working.
That is all.
 
2013-09-26 10:22:03 AM  
If only there were some way for a multi-billion dollar company to attract and retain quality workers that are reliable and like their jobs.

/Off to Costco this afternoon
 
2013-09-26 10:52:09 AM  

1nsanilicious: I also think and hope that consumers may be developing a conscience. We still want great deals but not so much at the expense of our peers, and if it seems like that's who is getting the shaft versus the overpaid execs then good day to you sir!


I'd like to hope so, but I think it's more likely that Wal-Mart is getting a reputation as a cheap, dirty place filled with 'the poors' and a lot of brown people.
 
2013-09-26 10:52:28 AM  

buzzcut73: If only there were some way for a multi-billion dollar company to attract and retain quality workers that are reliable and like their jobs.

/Off to Costco this afternoon


Why not just fellate the corpse of karl marx while pooping on a picture of jesus in a ronald reagan shirt? Cuz you might as well.
 
2013-09-26 11:10:38 AM  

buzzcut73: /Off to Costco this afternoon


I'll be off to Costco in November if they can open by then.  So much for their mid-year opening.
 
2013-09-26 11:17:15 AM  
when I was a teen they built a wal-mart a couple of miles down the street from us. it was close enough to bike there which we did. I remember when it opened, people were happy, the stores were clean and well stocked, and surprisingly a lot of the merchandise was made in America (or at least claimed to be). I still have a couple of kitchen and household items that I bought there that have lasted 20+ years.

that said, I stopped going there about oh I dunno 8 years ago when I realized that the quality of their merchandise was crap and was getting worse. sorry, but replacing an item every 6 months to a year that should last 5 times longer than that (or longer) is crap. fark you wal-mart and your shiatty Chinese crap.

/finding out later on how poorly they treated their employees was just another reason to never shop there.
//went back to the one that was by my old house a few years ago out of curiosity and was shocked by the condition of the store - filthy store, empty shelves, and employees who were on the verge of killing themselves.
///worst company in america.
 
2013-09-26 11:23:06 AM  

EvilEgg: Walmart is a fascinating psychological experiment. How much misery will people put up with to save $0.09.


THIS.  Fark, it's not that much less expensive.  I get the bonus of not feeling like I need to take a shower after shopping at my local stores too.
 
2013-09-26 11:40:52 AM  

Thank You Black Jesus!: Why not just fellate the corpse of karl marx while pooping on a picture of jesus in a ronald reagan shirt? Cuz you might as well.


img836.imageshack.us
 
2013-09-26 11:53:49 AM  

sno man: /one or two more minions per store might solve the bare shelves thing, and or one or two more distribution trucks and drivers per region but no, let's not just not hire any one, let's force our suppliers to scale back their staffing too...


FTA: The U.S. workforce at Wal-Mart's namesake and Sam's Club warehouse chains fell by about 120,000 employees in the past five years, to about 1.3 million, according to regulatory filings. In that time, the company has added more than 500 U.S. stores through July 31. (Emphasis mine)

Walmart says: 4,092 US stores, 621 Sam's Club stores.

5 years ago: 4213 stores with 1.42 million employees. (Average: 337 per store)
Now: 4713 stores with 1.3 million employees. (Average: 276 per store)

Of course, this ignores how many of those employees are at regional and national headquarters, but still, it's a larger company than it was 5 years ago, but has fewer employees per store.
 
2013-09-26 12:16:59 PM  
Only thing I go to Wal-mart for are basically lunchbox items, canned goods and one local salsa that only Wal-Mart sells.  I'll buy ammo there if they have it in stock, but they never do.
 
2013-09-26 12:21:47 PM  

BumpInTheNight: If you shop at walmart, you are the problem.


depends on where one lives.  A Wal-mart located in a small rural town truly helps out.
 
2013-09-26 12:22:50 PM  
You know, they probably could actually do more with fewer people if they would pay them well as Costco does. At Costco the average employee is highly motivated; nothing sits around and you can sense that the workers really want to help when you talk to them. Managers just have to suggest that something get done and walk away and it gets done and done right. At Walmart it is a constant battle with employees quitting and slacking off and everyone requires constant supervision and threats and schedule juggling to get anything at all done. When they get a new guy in they load him with all the work because nobody else will do it and most of them either quit in a couple days or figure out how to avoid work.
 
2013-09-26 12:25:01 PM  

Muta: FTA: the company has forfeited some sales because it doesn't have enough workers in stores to keep shelves adequately stocked.

So why not let the workers they have work an additional 5 hours a week to stock the shelves?  Nope, can't do that!  Can't have anyone working more than 29.5 hours a week.  Walmart management decided that it is better to cut off their nose to spite their face.


Perhaps they've done the math and the extra 5 hours kills not only their payroll, but their ACA penalties, so they make more money this way.

Sucks when the gov't's feel good intentions bites the working class in the ass... as it usually does.
 
2013-09-26 12:26:18 PM  

KarmicDisaster: You know, they probably could actually do more with fewer people if they would pay them well as Costco does. At Costco the average employee is highly motivated; nothing sits around and you can sense that the workers really want to help when you talk to them. Managers just have to suggest that something get done and walk away and it gets done and done right. At Walmart it is a constant battle with employees quitting and slacking off and everyone requires constant supervision and threats and schedule juggling to get anything at all done. When they get a new guy in they load him with all the work because nobody else will do it and most of them either quit in a couple days or figure out how to avoid work.


Comparing Walmart to Costco is like comparing Panera to 7/11.
 
2013-09-26 12:30:44 PM  

sno man: "Merchandise has been piling up because consumers have been spending less freely than Wal-Mart projected, and the company has forfeited some sales because it doesn't have enough workers in stores to keep shelves adequately stocked."

If only there was a solution to this problem.... I know, let's order less stuff!  BRILLIANT!

/one or two more minions per store might solve the bare shelves thing, and or one or two more distribution trucks and drivers per region but no, let's not just not hire any one, let's force our suppliers to scale back their staffing too...


Nice to know that the people running the retail industry can easily steal the title "Usual Gang of Idiots" away from Mad Magazine.
 
2013-09-26 12:45:59 PM  
Didn't mind going to wal-mart for various odds and ends up until a few weeks ago. Upon trying to buy a 12 pack of woodchuck cider and some garbage bags, the clerk refused to sell me the 12 pack because I had spoken to my 20 year old cousin who was behind me in line buying a keyboard. Never became angry in a store like that before, I was FUMING.
 
2013-09-26 12:58:16 PM  

yumpizza: Didn't mind going to wal-mart for various odds and ends up until a few weeks ago. Upon trying to buy a 12 pack of woodchuck cider and some garbage bags, the clerk refused to sell me the 12 pack because I had spoken to my 20 year old cousin who was behind me in line buying a keyboard. Never became angry in a store like that before, I was FUMING.


This has happened to me in numerous stores. It's not just a Walmart thing. I was refused the sale of alcohol for speaking to a stranger in line behind me who was under 21. We had no affiliation other than making polite small talk.
 
2013-09-26 01:47:25 PM  

DjangoStonereaver: sno man: "Merchandise has been piling up because consumers have been spending less freely than Wal-Mart projected, and the company has forfeited some sales because it doesn't have enough workers in stores to keep shelves adequately stocked."

If only there was a solution to this problem.... I know, let's order less stuff!  BRILLIANT!

Hell, its not like the Wal*Mart company actually pays for what they order anyway.....

The Walton companies are notorious for low-balling their suppliers and stretching out paying for what they
order until the last possible second.


say what you want about wal-mart, thy do squeeze suppliers treat people horribly, etc.

but, they do not delay payment at all, ever.  it's in cash and immediate.
 
2013-09-26 02:24:05 PM  

EnderWiggnz: DjangoStonereaver: sno man: "Merchandise has been piling up because consumers have been spending less freely than Wal-Mart projected, and the company has forfeited some sales because it doesn't have enough workers in stores to keep shelves adequately stocked."

If only there was a solution to this problem.... I know, let's order less stuff!  BRILLIANT!

Hell, its not like the Wal*Mart company actually pays for what they order anyway.....

The Walton companies are notorious for low-balling their suppliers and stretching out paying for what they
order until the last possible second.

say what you want about wal-mart, thy do squeeze suppliers treat people horribly, etc.

but, they do not delay payment at all, ever.  it's in cash and immediate.


I used to work for NCR corporation, and one of their biggest service contracts was with Wal*Mart to
maintain their cash registers.

I didn't work on the contract myself, but worked with many people who did, and they continually complained
about how long it took to get money out of them.  Granted, this was back in the 1990s, but I don't see
that things would have changed all that much.
 
2013-09-26 02:24:38 PM  

Fizpez: Basically "ordered" my wife not to shop at WalMart anymore - basically told her I didnt care for their business practices and she should go to the Target which is both closer and 100x less disgusting.  Wally world was just a habit for her - one that was easily broken.


And how many black eyes did it take before she complied, O master?
 
2013-09-26 02:31:47 PM  

jjwars1: yumpizza: Didn't mind going to wal-mart for various odds and ends up until a few weeks ago. Upon trying to buy a 12 pack of woodchuck cider and some garbage bags, the clerk refused to sell me the 12 pack because I had spoken to my 20 year old cousin who was behind me in line buying a keyboard. Never became angry in a store like that before, I was FUMING.

This has happened to me in numerous stores. It's not just a Walmart thing. I was refused the sale of alcohol for speaking to a stranger in line behind me who was under 21. We had no affiliation other than making polite small talk.


This may be an attempt to not get fined by the local liquor commission.  Sounds like it's standard policy not to sell to people who talk to older minors (16-20 years old or so) in line to prevent "hey buddy could you buy my a six pack".
 
2013-09-26 02:36:51 PM  

Dancin_In_Anson: I love watching the free market at work.


You clearly don't understand what is happening here:

static.tumblr.com
 
2013-09-26 02:45:53 PM  
I hope that one day in my lifetime Wal-Mart will be one more addition to the list of once mighty retailers like Woolworths, TG&Y, K-Mart, Sears...all were the big boy for a while, all went down a similar path that Wal-Mart seems to be trying to follow now.

You'd think the MBA's would learn at some point.
 
2013-09-26 03:10:56 PM  

buzzcut73: I hope that one day in my lifetime Wal-Mart will be one more addition to the list of once mighty retailers like Woolworths, TG&Y, K-Mart, Sears...all were the big boy for a while, all went down a similar path that Wal-Mart seems to be trying to follow now.

You'd think the MBA's would learn at some point.


They do, but the keep being replaced with cheaper newer ones that know everything fresh out of school.
 
2013-09-26 03:33:32 PM  

sno man: buzzcut73: I hope that one day in my lifetime Wal-Mart will be one more addition to the list of once mighty retailers like Woolworths, TG&Y, K-Mart, Sears...all were the big boy for a while, all went down a similar path that Wal-Mart seems to be trying to follow now.

You'd think the MBA's would learn at some point.

They do, but the keep being replaced with cheaper newer ones that know everything fresh out of school.


Considering their net income is about $14B per year, and growing.. those MBA's have learned well.
 
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