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(Yahoo)   Wal-Mart customers are taking their business to Dollar stores in search of even lower everyday prices. Thanks, Obama   (finance.yahoo.com) divider line 111
    More: Sad, SNAP, Walmart, dollar stores, health care overhaul  
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5729 clicks; posted to Main » on 15 Nov 2013 at 4:52 PM (44 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-11-15 04:13:29 PM
Also because you don't have to get all gussied up in your fanciest of duds when you do to the Dollar Store.
 
2013-11-15 04:27:06 PM
img.fark.net
 
2013-11-15 04:51:06 PM

Anne.Uumellmahaye: Also because you don't have to get all gussied up in your fanciest of duds when you do to the Dollar Store.


niceshoesbitch.files.wordpress.com
 
2013-11-15 04:54:39 PM
If Wal-mart paid its employees more, they could afford to shop at Wal-mart.
 
2013-11-15 04:59:45 PM
I'm curious about Walmart's strategy...

They're trying to grow revenue while racing to the bottom on price, which would require a greater volume of goods to be sold. Their execution of that strategy seems to have been to reduce prices while simultaneously reducing their headcount to levels that can not maintain the existing volume of sales, much less an increased volume.

I can only guess some team of Walmart Execs have decided that price is the SOLE determining factor for a buying decision, and not 10,000 other things. Once they've determined that is the answer to all their problems, the only possible route is to keep prices low and/or drive them lower.

At some point someone must realized their stores have a fixed size and can only accommodate X amount of goods and Y amount of customers in a comfortable way, which will ultimately determine the volume of goods they can sell, so another Exec must have come up with the brilliant strategy of reducing staffing levels to raise margins.

I mean, if the ONLY factor is price, than you don't need anything else, like a clean store, clean restrooms, stocked shelves, enough cashiers, etc... you ONLY need to have lower prices and your goods will always sell... The conditions in which people buy them is not a consideration. I guess that explains why those old drive-in movie theaters that got turned into flea markets are beating Target and Amazon in market-share.

I guess if you're a Walmart exec, all of that makes sense.
 
2013-11-15 04:59:51 PM
Tarjay for me.

Same prices as Walmart... slightly less trashy clientele... and the big thing:

Less than 2hrs in checkout line per visit.

Target is trying to slow lines down by asking everyone to scan their cellphones. I'm visiting target less now too- their new cellphone scheme makes their checkouts way too slow.
 
2013-11-15 05:00:29 PM
By the time I get from the middle of the lot at Wally to the spot in the back where they put some basic item, marched up to the front, waited for checkout, and gotten back to my car in the middle of the giant lot?  I've walked a third of a mile and taken 20-30 minutes.  The local Dollar General is depressing as all hell, don't get me wrong.  But, it's no more depressing than the local WMT, is as likely to be in stock, often has shorter lines, and  ALWAYS is faster to shop at.
 
2013-11-15 05:02:55 PM

edmo: Anne.Uumellmahaye: Also because you don't have to get all gussied up in your fanciest of duds when you do to the Dollar Store.


I sincerely hope that the back of his shirt says, "F*CK YEAH."
 
2013-11-15 05:03:28 PM

CleanAndPure: Tarjay for me.

Same prices as Walmart... slightly less trashy clientele... and the big thing:

Less than 2hrs in checkout line per visit.

Target is trying to slow lines down by asking everyone to scan their cellphones. I'm visiting target less now too- their new cellphone scheme makes their checkouts way too slow.


Target is close in price but Walmart tends to be a few % lower in my city. Of course, my wife signed up for the Target debit card so she gets 5% of all purchases and with that it's a toss up. Still, sometimes we go to Walmart because the checkout lines are faster than Target.

Disclosure: they just opened a new Walmart and it's very clean and they have enough open registers on the weekends when we shop.
 
2013-11-15 05:04:18 PM
Is anybody else sick of the "Thanks Obama" everywhere?
 
2013-11-15 05:06:28 PM

Cubansaltyballs: I'm curious about Walmart's strategy...


I predict a future headline "WalMart to acquire controlling interest in Dollar Stores."
 
2013-11-15 05:08:16 PM

CleanAndPure: Tarjay for me.

Same prices as Walmart... slightly less trashy clientele... and the big thing:

Less than 2hrs in checkout line per visit.

Target is trying to slow lines down by asking everyone to scan their cellphones. I'm visiting target less now too- their new cellphone scheme makes their checkouts way too slow.


I prefer Target because they keep their store and restrooms clean, keep the shelves stocked, have enough cashiers, and mostly importantly, their entrances aren't overwhelmed by the smell of feces and McDonald's fry-waste. I have no idea how hard it is, but Target has proven it's possible to NOT vent the toilets directly into the lobby of the store. I wish Walmart would hire whatever guy at Target solved that problem.
 
2013-11-15 05:08:24 PM
My problem with Wal-Mart is that no matter what time of day it is, they never seem to have more than three registers open at a time, all with lines six customers deep, who all have baskets full of items, and most of the stores here have eliminated the self check out lanes. If I only need to make one or two small purchases, I'm not going to Wal-Mart to do it because I can guarantee I'll be waiting in line to check out for a half hour.
 
2013-11-15 05:10:29 PM

ddam: Disclosure: they just opened a new Walmart and it's very clean and they have enough open registers on the weekends when we shop


They lose that new car smell in a hurry.
 
2013-11-15 05:11:14 PM
I always feel so much more attractive at Walmart than I do at the gym. Plus their attractive new labels make discerning between the oven spray, furniture polish and non-stick cooking spray almost impossible.

www.inquisitr.com
 
2013-11-15 05:14:58 PM

Vidwiz: Is anybody else sick of the "Thanks Obama" everywhere?


i.imgur.com
Yes.
 
2013-11-15 05:15:44 PM

Vidwiz: Is anybody else sick of the "Thanks Obama" everywhere?


Nope.
 
2013-11-15 05:16:44 PM

Vidwiz: Is anybody else sick of the "Thanks Obama" everywhere?


yeah, well, you know who you can thank for that.
 
2013-11-15 05:16:47 PM

spman: My problem with Wal-Mart is that no matter what time of day it is, they never seem to have more than three registers open at a time, all with lines six customers deep, who all have baskets full of items, and most of the stores here have eliminated the self check out lanes. If I only need to make one or two small purchases, I'm not going to Wal-Mart to do it because I can guarantee I'll be waiting in line to check out for a half hour.


Same for Sams Club, when I go I try to make sure I have less than 20 items total just so I can hit the self check out which seems to be 50% faster then the lard ass cashier who hate their job.
 
2013-11-15 05:22:47 PM

ddam: Still, sometimes we go to Walmart because the checkout lines are faster than Target.


Then the Team Member running the front is doing a terrible job or they don't have enough team members for the volume they are doing

/Used to run the front of a busy store
 
2013-11-15 05:26:14 PM
Looks like we've just been advised.

Oh SNAP! Somebody just got advised!


basscomm: Vidwiz: Is anybody else sick of the "Thanks Obama" everywhere?

Nope.


This one is till my favorite.

i1.kym-cdn.com
 
2013-11-15 05:27:18 PM

Cubansaltyballs: I'm curious about Walmart's strategy...

They're trying to grow revenue while racing to the bottom on price, which would require a greater volume of goods to be sold. Their execution of that strategy seems to have been to reduce prices while simultaneously reducing their headcount to levels that can not maintain the existing volume of sales, much less an increased volume.

I can only guess some team of Walmart Execs have decided that price is the SOLE determining factor for a buying decision, and not 10,000 other things. Once they've determined that is the answer to all their problems, the only possible route is to keep prices low and/or drive them lower.

At some point someone must realized their stores have a fixed size and can only accommodate X amount of goods and Y amount of customers in a comfortable way, which will ultimately determine the volume of goods they can sell, so another Exec must have come up with the brilliant strategy of reducing staffing levels to raise margins.

I mean, if the ONLY factor is price, than you don't need anything else, like a clean store, clean restrooms, stocked shelves, enough cashiers, etc... you ONLY need to have lower prices and your goods will always sell... The conditions in which people buy them is not a consideration. I guess that explains why those old drive-in movie theaters that got turned into flea markets are beating Target and Amazon in market-share.

I guess if you're a Walmart exec, all of that makes sense.


My local walmart started doing something unexpected about five years ago - they started getting rid of all the cheap food. Generic brands, vegetables, even the basic components of DIY food are disappearing and being replaced, in one example, by a top-to-bottom 40' wall of TV dinners. I'm sure those genuine name-brand TV dinners are cheaper than anywhere else, but it's gotten to the point where it'd cost me 50% more to shop for complete garbage at walmart than it'd cost to shop for my regular partial garbage at any of the other stores around town.

/I think whomever is running that store has a fat fetish.
 
2013-11-15 05:28:08 PM
I've noticed in the news Walmart seems to be experiencing an uptick in fights breaking out.  Not like chucky cheese but I seem to hear about them more often.  Not sure how Dollar general is faring in that regard.
 
2013-11-15 05:29:00 PM
ddam:
Disclosure: they just opened a new Walmart and it's very clean and they have enough open registers on the weekends when we shop.

Give it 4 months and see what things look like.  It took less than a month for the parking lot at the super-Walmart nearest me to begin looking like a typical Walmart parking lot.  Trash all over the parking lot, shopping carts strewn about.  All the things that make a Walmart parking lot look like, well, Walmart.

A Costco opened 4 weeks ago about a mile from here and the parking lot still looks relatively pristine.
 
2013-11-15 05:29:22 PM
I like Walmart's assumption that you can always cut prices. Eventually, you out of real waste to cut and start hurting your product and yourself to shave a few more pennies off.

I'm all for trying to be more efficient with resources, that's just good business. But some costs need to be increased if you really wanted to maximize profit (like training, employee wages - to reduce turnover and improve performance, and general store maintenance). But that's crazy talk.
 
2013-11-15 05:30:43 PM

Vidwiz: Is anybody else sick of the "Thanks Obama" everywhere?


You know who you can thank for the prevalence of that meme right?
 
2013-11-15 05:33:10 PM
We have both Dollar General and Family Dollar around here and their prices are either equal or slightly higher than Walmart, I don't know of any item that's less. And their selection is obviously no where near what Walmart has. If you just need one or two items, you can go to the dollar store for the convenience, but nobody goes there for their weekly shopping.
 
2013-11-15 05:33:48 PM
So, when Walmart wages finally price people out of shopping at Walmart, will they support a minimum wage hike? I mean, the only reason I can fathom that Walmart, McDonald's, and the like don't support a higher minimum wage is that it would allow their customers to go somewhere nicer.

I understand why they don't voluntarily pay higher wages than other places even if I don't agree with it. I don't understand why they don't want to pay higher wages if everyone else has to as well. Take your Walmart, for example. If the minimum wage were $10 an hour, or $15, or even $100, their customers would have far more money available to buy sh*t they don't need, and their profit margin would be higher. They'd have far more leverage to buy their garbage from China or Singapore of wherever, as more dollars are coming in the door. The only thing I can see is that McDonald's and Walmart are admitting that their business model sucks balls, and that nobody would voluntarily spend their money there if they had any reasonable choice.
 
2013-11-15 05:34:16 PM
Cubansaltyballs:

I can only guess some team of Walmart Execs have decided that price is the SOLE determining factor for a buying decision, and not 10,000 other things.


If you're sufficiently poor, then price likely is the sole determining factor in where you shop.

Thank G-d I'm not poor anymore.  I can't remember the last time the price of an item was the first, or even second, factor I took into account when making a purchase.  At this point in my life, quality is by far the most important factor, and I will gladly pay top dollar for a high quality item.

/doesn't shop at WalMart
 
2013-11-15 05:37:44 PM
The only reason I go to walmart is so the roomate can get the phone cards for her drug dealer disposable phone. If she trys to get anything else I just head for the doors. The one by me has gotten worse now since they are renovating it.
 
2013-11-15 05:39:45 PM
I farking despise the Walmart near me and have sworn never to return if I can help it. Can't find anything in housewares because there are no signs at the end of the aisles, there is no one on the floor to help you, and the entire department is now around 60% bedding. It's several times harder to find clothing in a normal size than it should be, because most of the clothes are XXL and even XXXL, which says something about their clientele.

Last time I was there I needed to return something and I had to wait in line for 30 damned minutes because there was only one line in the entire customer service place. And the woman behind me was some weirdo that kept swearing at the teenage kid she had with her (before noticing how many new words she taught the little kids behind her) before going off on a mostly-wrong rant about "Obamaphones."

Also, yeah, checking out blows.
 
2013-11-15 05:48:06 PM

ReapTheChaos: We have both Dollar General and Family Dollar around here and their prices are either equal or slightly higher than Walmart, I don't know of any item that's less. And their selection is obviously no where near what Walmart has. If you just need one or two items, you can go to the dollar store for the convenience, but nobody goes there for their weekly shopping.


It really depends on the items, Walmart is cheaper on quite a few things but Dollar general and Family dollar are cheaper in other areas. Household items I think Walmart is cheaper, food wise dollar general and family dollar are.
 
2013-11-15 05:50:56 PM

Misconduc: ReapTheChaos: We have both Dollar General and Family Dollar around here and their prices are either equal or slightly higher than Walmart, I don't know of any item that's less. And their selection is obviously no where near what Walmart has. If you just need one or two items, you can go to the dollar store for the convenience, but nobody goes there for their weekly shopping.

It really depends on the items, Walmart is cheaper on quite a few things but Dollar general and Family dollar are cheaper in other areas. Household items I think Walmart is cheaper, food wise dollar general and family dollar are.


I was actually at Dollar General a few weeks ago and realized I have overpaid for household items at Walmart.

DG is also good for greeting cards and wrapping paper, which are usually overpriced anywhere.
 
2013-11-15 05:51:55 PM

The Beatings Will Continue Until Morale Improves: Cubansaltyballs: I'm curious about Walmart's strategy...

I predict a future headline "WalMart to acquire controlling interest in Dollar Stores."


I believe a few WalMarts did experiment briefly with having their own branded dollar stores inside regular Walmarts, but I remember the merchandise being ultra-cheap, extremely poor-quality crap that absolutely nobody wanted. Moreso than their usual merch.

/Forget WalMart. Go Dollar Tree!
 
2013-11-15 05:54:03 PM

Cubansaltyballs: I'm curious about Walmart's strategy...


Here's what happened. About five years ago Wal-Mart made a concentrated effort to engage in up-selling, that is to take their customer base and move them to products with higher profit margins. The timing of this could not have been worse because the economy continued to flounder AND stores like Albertson's and Safeway made efforts to push back against what they saw as Wal-mart's encroachment on their territory. The net result was that Wal-Mart was left without a functioning strategy. The super-value conscious buyers left to go shop at Dollar Stores and the higher value customers (this term is meant relatively, we are not talking Whole Food buyers here) left to go to places like those mentioned above.

The problem for Wally World is that a company is as big as they are it is difficult to backtrack and undo the damage. Instead, in a misguided effort to maintain profits margin they started cutting employees and scaling back work hours and the net result has been a decline which they haven't shown any real interest in changing. Instead, it has taken a shotgun approach and got into things like their Internet website to try and compete with Amazon, which in my mind is damn silly. More than anything they have simply lost their focus and do not know who their customer is anymore. Whether they can fix it at this point in time is anyone's guess.
 
2013-11-15 06:03:20 PM
I made a TON of money investing in dollar stores during The Great Recession... and I buy all my shaving supplies from them.

/Just saying.
 
2013-11-15 06:04:20 PM

ReapTheChaos: We have both Dollar General and Family Dollar around here and their prices are either equal or slightly higher than Walmart, I don't know of any item that's less. And their selection is obviously no where near what Walmart has. If you just need one or two items, you can go to the dollar store for the convenience, but nobody goes there for their weekly shopping.


Dollar stores are locating closer to thier customers. More and more of Walmarts customers can't afford to drive 20 mins to get to a Wal Mart. A lot can't afford the gas or a car.
 
2013-11-15 06:05:53 PM
4.bp.blogspot.com
 
2013-11-15 06:06:48 PM

Cubansaltyballs: CleanAndPure: Tarjay for me.

Same prices as Walmart... slightly less trashy clientele... and the big thing:

Less than 2hrs in checkout line per visit.

Target is trying to slow lines down by asking everyone to scan their cellphones. I'm visiting target less now too- their new cellphone scheme makes their checkouts way too slow.

I prefer Target because they keep their store and restrooms clean, keep the shelves stocked, have enough cashiers, and mostly importantly, their entrances aren't overwhelmed by the smell of feces and McDonald's fry-waste. I have no idea how hard it is, but Target has proven it's possible to NOT vent the toilets directly into the lobby of the store. I wish Walmart would hire whatever guy at Target solved that problem.


Not gonna happen, since that guy works more than enough hours to qualify for full-time benefits and gets paid more than minimum wage.
 
2013-11-15 06:07:08 PM
I shop at wal-mart because I like watching the employees suffer.
 
2013-11-15 06:10:33 PM

mcreadyblue: ReapTheChaos: We have both Dollar General and Family Dollar around here and their prices are either equal or slightly higher than Walmart, I don't know of any item that's less. And their selection is obviously no where near what Walmart has. If you just need one or two items, you can go to the dollar store for the convenience, but nobody goes there for their weekly shopping.

Dollar stores are locating closer to thier customers. More and more of Walmarts customers can't afford to drive 20 mins to get to a Wal Mart. A lot can't afford the gas or a car.


It's even more pronounced in rural America.  There are lots of towns around here between 2500-7000.  They all used to have a general dry-goods retailer (ALCO, Pamida, TG&Y, Gibsons, etc).  30+ years ago, they had several.  Now, most of them have a mid-range grocery (which does suffice for a lot of things), a Dollar General, and a well-beaten-path to the nearest Walmart 30 miles away.

Those DGs do tremendous business, all things considered.  60 mile roadtrips are a major barrier.
 
2013-11-15 06:14:07 PM
I was visiting a relative who is a regular Wal-Mart customer. On a trip to the store, she wanted to pick up test strips for her glucose meter. Wal-Mart was out of the strips for her meter even though it was the store brand. We asked. The computer showed they have ten boxes of the test strips but they hadn't made it out to the shelves yet. No one was willing to go hunting for them in the storeroom either. About two weeks later they showed up on the shelf. In her case she sticks with the same brand because it's so much cheaper but when it comes to medical supplies, most people can't wait until a manager decides to finally have someone restock the pharmacy department rather than dog food aisle. In small towns where Wal-Mart is the only retailer of consequence, the public just has to accept the situation and deal with it.

/Amazon Prime is probably Wal-Mart's greatest threat
 
2013-11-15 06:14:22 PM

Fireproof: DG is also good for greeting cards and wrapping paper, which are usually overpriced anywhere.


If you REALLY want to save on gift wrapping, buy a copy of the Sunday edition+ +of the New York Times. It may not be the fanciest wrapping, but it'll cost a hell of a lot less than the same amount of gift-wrap paper.

/alternatively, you can troll your gift recipients by using wallpaper
 
2013-11-15 06:15:11 PM
I buy my liquor at the Wal*Mart package store because it's close and I'm detoxing but yeah, the actual store is filthy and filled with people even more degenerate than I.
 
2013-11-15 06:16:00 PM

Cubansaltyballs: I'm curious about Walmart's strategy...

They're trying to grow revenue while racing to the bottom on price, which would require a greater volume of goods to be sold. Their execution of that strategy seems to have been to reduce prices while simultaneously reducing their headcount to levels that can not maintain the existing volume of sales, much less an increased volume.

I can only guess some team of Walmart Execs have decided that price is the SOLE determining factor for a buying decision, and not 10,000 other things. Once they've determined that is the answer to all their problems, the only possible route is to keep prices low and/or drive them lower.

At some point someone must realized their stores have a fixed size and can only accommodate X amount of goods and Y amount of customers in a comfortable way, which will ultimately determine the volume of goods they can sell, so another Exec must have come up with the brilliant strategy of reducing staffing levels to raise margins.

I mean, if the ONLY factor is price, than you don't need anything else, like a clean store, clean restrooms, stocked shelves, enough cashiers, etc... you ONLY need to have lower prices and your goods will always sell... The conditions in which people buy them is not a consideration. I guess that explains why those old drive-in movie theaters that got turned into flea markets are beating Target and Amazon in market-share.

I guess if you're a Walmart exec, all of that makes sense.


If the only factor is price, you don't need a store.

Amazon wins.
 
2013-11-15 06:21:00 PM
This makes sense. Usually getting items from a Dollar Store is kind of a crapshoot as to what's in stock. Now that the same is true of Walmart, why bother?
 
2013-11-15 06:21:04 PM
I went to a recently opened Wal-Mart market, the grocery version of the superstores. They had my favorite soda on sale for a dollar per two-liter bottle. That's on sale. Since I had to buy cat litter as well Wal-Mart was the place. However, this was an exception. By all accounts the 99CentOnlyStore that's also nearby is superior. I figured while I was at wal-mart I'd get some sundries like deodorant. Nope. The price for the cheapest crappiest brand was over two bucks. And the sodas when not on sale are $1.69 or more; 99CentOnlyStore will have 2-liter bottles of my soda at times. Needless to say Wal-Mart, at least for me, is cat litter. Not much else worth the trouble.
 
2013-11-15 06:31:56 PM
www.upl.co
 
2013-11-15 06:33:33 PM
it's nice to see a company tank that treats their employees so poorly.  Trouble is it hurts the (ex) employees too.
 
2013-11-15 06:43:32 PM
I own rental property and mostly have retired tenants on social security - one thing I love about it is we price out all the local places around here for food, medicine etc.

Dollar Tree has been the best overall priced for washing soap, detergent and any cleaning supplies.
Dollar General has cheap food, but beware of the off brand stuff, it can really be bad, toilet paper and paper towels are cheap as well.
save a lot usually has the best bang for bucks when it comes to groceries, however I highly suggest staying away from their veggies and meat - in our area we go to a vegetable stand for produce, winn dixie has stuff on the shelf for a few days and the meat tends to spoil faster, we don't even bother going here anymore.
The local Meat Market is great for cheap cuts of meat, if we want to upscale it we goto publix for better quality on everything but it comes at a greater price tag.
Walmart for most of us is the cheapest for medicine and medical stuff as well as clothes. The food however tends to be a tab higher, so its really comes down to nick picking through.
Publix has those odd items nobody else has, but again it comes at a 350% markup, lately they've been battling winn dixie and walmart for cheaper prices, but on some things its out of the world - for example my recent trip to walmart I bought 4 Butterball turkeys for 68 cents a pound, Publix had their brand on sale for $1.59 a pound and butterball was $2.29.
Vegetables again we visit a local vegetable stand, always fresh stuff and cheap.

It varies depending where you live, I hate the whole coupon shopping, but I won't buy something unless its really on sale or cheap, for example my last steak purchase was at publix, they had porterhouse for $8.99 and it was quality compared to everything else, if it wasn't on sale i would never of bought one.
 
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