Nope.

Ordinary

He probably spent it all a long time ago too.

I wonder what he is up to these days.........

Ordinary

I'm completely surprised this thing is still around.

Guess I shouldn't be.

Ordinary

.......maybe.

But will we see a split?

....................don't hold your breath.....

Ordinary

....that wouldn't be a bad idea...but the target at the moment is focused on shaving customers away from companies such as Dollar General...which is leaching enormous amounts of revenue from Supercenter stores in rural areas.

Ordinary Walton

"....except almost every associate that uses it to report problems, shortly thereafter, gets fired for some unrelated issue."

More often than not I've seen many of these people get rehired....then get transferred. Interestingly I learned something recently about Scorecard that validated your point---it did reward those who got paid the least with more hours. Those that got paid more were either promoted or transferred. Most of the employees I spoke to who were either promoted or transferred were ok with the idea of being transferred, but about half were happy about being promoted (to salary management).

As for the manager who kept the deli fryer open for herself---did that manager get coached? If she didn't I would have brought this up to Global Ethics. Directly.

Walmart does have some very good stores. Some of them are extremely profitable--mainly due to excellent leadership and experienced associates. The last store I was at had great leadership, but inexperienced associates. Couldn't pull a profit there due to lack of understanding behind IMS or customer demand. Of course the biggest problem surrounding that store was the customers.....nearly 40% were unemployed and living off some sort of assistance from the government. And theft was (and still is) a colossal issue there. And mind you it's a Neighborhood Market. And not it didn't have an AP associate. It didn't make enough money to hire one (till corporate greenlighted it after the last dismal store inventory).

Don't get me wrong, the associates are (mostly) good people. Just inexperienced. Some were illiterate. A few never finished school beyond 6th grade. Yes it's that bad.

As for the power aisles---yes I remember that very well. Then about 8 years ago in an effort to stimulate sales, vendors and suppliers came up with the idea of dropping PDQ's in the middle of the action alleys. The results were customer complaints, dirtier floors and crowded action alleyways. Sales improved, but profitability didn't. And you're right impulse sales in Department 82 plummeted.

Wal-Mart became a very different company soon after Sam passed away. Many of the old-timers I speak to recount the "good ol' days" when hard working associates were rewarded with large raises. Now they're rewarded with keeping a job. And maybe a 50 cent annual raise.

I could go on and on about pricing, vendor relations (it's getting worse) and the long standing abysmal issue of customer service......but I'll instead conclude with a silver lining---this company has the purchasing parity of a medium sized 2nd world nation. It will remain viable for many years to come. And despite the concerns I've provided here on this board--this company has, for the most part, treated me and my family very well.

Ordinary WMT Shareholder

"...The dollar stores are pulling money from Walmart everyday.."

Yes they are. Ditto for CVS and Walgreens---which are eating Walmart's pharmacy sales alive. Which is one of the chief reasons why Bentonville decided to open up small format stores in the countryside (Walmart Express stores). They're about 11,000 sq ft in size and are designed to compete mainly with dollar stores.

What bugs me the most about Walmart's stock is we should have split by now. It hasn't. Then again some of my buddies have said the same thing about Costco's stock. Equally worrisome is the relative stagnation surrounding WMT's stock price. It's not just stagnant sales, it's also the way WMT opens new stores. Not that it's a new concept...but defraying costs to profit centers does nothing to help sales (despite brand new Neighborhood Markets doing much better than the average Supercenter). And I won't begin to tell you how this company opens new stores, or remodels them. I've never seen so much incompetence per square foot in my entire life.

Profitability is another story all together---but the grocery business has always been a "pennies on the dollar" sort of business. General Merchandise is suffering---primarily because Lowe's and Home Depot has been bleeding customers from Walmart.

Walmart has to adapt, therefore the reasoning behind opening Walmart Express stores. Eventually Bentonville will not open up anymore Supercenters---ushering the end bix box outlets. And that day may come much sooner than many think....

Ordinary Walton

Twin turbo? You are a god. You can do no wrong sir.

Congratulations.

An Ordinarydude who recently bought a turbo .....

"...Store managers are bullied by Supervisors and told NOT to forecast sales that inflate labor."

...unless there is a strategic need to do so.

"....Managers can NOT create shifts that are needed but the Scorecard does not recognize..."

Actually, yes they can.

"...It is commonplace in 24 hour stores that NO CASHIERS are scheduled after 10PM except one body who gets assigned to self checkout, then has to run to the cigarette aisle when a customer needs tobacco..."

FYI...They are slowly moving away from using self checkouts. Furthermore, there are associates who are double "jobcoded" for both stocking and cashiering. Supercenters have at least 5-6 associates who are at least dual jobcoded. Neighborhood markets have at least 1. You also cannot buy cigarettes after 10pm. At least in the state of Texas you can't.

"And the "Price Match" deal is a scam, from my personal experience..."

I respect your opinion. However I must disagree. The real problem, ironically, is teaching and training management what the policy states--so they can teach and train their associates. And it's a broad policy, mind you---so it shouldn't take a long time to get them to understand what the policy is. As far as calling customer support, I would like to add that customer service is--despite popular opinion--taken VERY seriously at Wal-Mart. Store Managers have been known to get fired over poor customer service.

"... It's like the family-friendly "work at Walgreens for flexible schedules" rubbish of a few years ago that was ignominiously replaced by Scorecard where, unless Walmart owns you 24/7 at their pleasure, your hours get hacked and you get split or 4 hour shifts as punishment for having kids in a nursery school."

.....management can also get reprimanded (and in some cases terminated) as well for not adhering to the three principles set forth by Mr Walton. The first one is "respect for the individual". Those that violate this first tenant finds themselves without a job.

I've seen it happen numerous times.

Ordinary

I'm not that impressed. They could have opted for some color on the "building"...

Ordinary

"...Schedules in terms of authorized shifts ARE written by the Scorecard."

When it comes to the topic of schedules, the Scorecard shows the following:

1. Unassigned shifts
2. Uncovered shifts
3. Sales versus wages
4. Front end coverage (cashier coverage)

Information is shown to store level managers in order for them to write schedules for hourly associates. Which is, in turn, written via a very different operating system.

"...Stores cannot modify the scorecard for non-weather events. In states such as New Hampshire where EBT cards are uploaded on a single day, each month, stores cannot increase labor and the stores get CRUSHED on the same day, every month."

No, but given enough time and notice, management CAN influence how many hours can be allocated to associates based on anticipated events (such as on-site concerts, etc). This is, in turn, reflected via the forecast. Which is reported on the Scorecard. As far as last minute sales pushes (such as anticipated weather events, etc), no store can be able to adjust that quickly. They simply have to resort to shifting resources around (some stores are cross-training stockers as cashiers. And vice-versa).

"....I was in Walmart, today, and had a competitive circular for a Hormel pork roast declined as a BOGO despite the photo in the ad and the specified weight matching the identical product stocked at Walmart."

Call 1-800 WALMART and file a complaint. I GUARANTEE you the store will be calling you to apologize. And they will honor the advertisement.

"...It is "OUT OF PEOPLE" to stock shelves and "OUT OF CASHIERS" to ring out customers at the registers."

It's not out of people. It's the way some managers write their schedules. Competent managers will find the correct coverage during peak shopping times, and hire accordingly. The problem is some managers do not fully understand how to interpret the front end Scorecard correctly. Or how to forecast sales correctly (which is tied to the SAW reports)

Ordinary

...keep in mind Wal-Mart isn't the only firm buying Chinese sourced crap.

Take a good look at Petsmart. And Target. And Lowe's. And so forth. And so on.

Ordinary

"IMO, Walmart has cut WAY too much store labor and service levels have severely eroded...."

Declining same-store sales have a way of putting pressure on managers to cut hours. But me thinks it has something to do with store managers not fully understanding the term "sales forecasting"....

"....Walmart introduced a computer scheduling system that stores cannot override called "Scorecard" and the computer is "always right"."

Schedules aren't written via Scorecard. Data from the Scorecard can dictate how hours are allocated, on the other hand. Accurate sales forecasting is key.

"...Except that the computer doesn't comprehend variables like seasonal variables in resort/recreation areas, events like fairs and festivals, welfare/foodstamp/SSA-check-distribution dates, and so forth."

Not necessarily accurate. Stores do take into consideration such variables. What becomes a major challenge is predicting weather events. But then again who can accurately predict the weather?

"Then Walmart intro'd its "Ad/Match Price Guarantee" with much fanfare, then added so many crappy rules and exclusions that customers are literally abandoning huge carts of food at the registers and walking out in disgust. That's frustration squared after waiting in line to be rung out for 20 minutes because Walmart schedules very few cashiers in order to drive customers to the new self check out lanes which are plentiful and uncrowded."

The Ad/Match Price Guarantee is very broad; it practically covers all products, all competitor's coupons and all ads...provided the competitor falls within a certain radius of the store. The only thing it doesn't cover are gimpy/confusing advertisements and double/triple coupons. Having said this some managers do not fully understand...for whatever reason...this policy so in order to preserve profit margin they do not communicate this to the cashiers. Who in turn provide the wrong feedback to customers. But that's only PART of the problem here....

"....The Walmart experience is sadly starting to look a lot like the Kmart "Blue Light Special" experience of 15 years ago."

If Wal-Mart doesn't bridge its logistical problems (that causes out of stock issues) it will eventually become the next Kmart. One of the ways Wal-Mart could solve this problem is to build small-concept distribution/transdock/crossdock distribution centers in order to alleviate backorders and congestion at the larger distribution centers.

Ordinary

"....The brokers are now going to be held accountable for their fraudulous actions against retail shareholders."

The brokers have nothing to do with the FFGO scam.

Ordinary

Unfortunately...never.

Ordinary

"No worries !! All the people that count including the UNITED STATES GOVT. knows the BONDS are real !!"

Where is the court docket that says these "bonds" are real?

Ordinary

1. Regulatory/enforcement agencies do not approve financial instruments such as bonds.

2. The Federal Reserve has never issued bonds.

3. The Federal Reserve has never issued a note greater than $1,000,000,000.

Ordinary

"...Are they really going to try to book the fraudulent $1B Riad "Gold Certificate Bonds" as assets?"

I know that's a rhetorical question....but of course not. At least not in person....

Ordinary

......of whom are family members...

Ordinary

What assets?

This company has no assets.

Ordinary

It appears CDFT investors haven't seen proof the bonds exist, period.

Ordinary

I wonder who the underwriter is....

Ordinary

Unfortunately the answer to that question is "next week(s)".

Ordinary

...she never said you did....

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88431770

Ordinary Nachos

Yes. Says me.

"Nah, too far into this thing now, just to sell out now!"

Uh oh....

Ordinary

Better late than never.

Ordinary

"...Who is left?"

FINRA

Ordinary

"...i have my bottle in the frig chilling for that news!!!"

Hopefully it's Pepto-Bismol....

Ordinary

"And let's FOCUS!!"

ON HOW THE HECK NITE INFILTRATED HOMELAND SECURITY!!

Ordinary LMAO

"...Why would the SEC, FBI or for that matter ANY regulatory agency care what people post on ihub or any message board for that matter?"

They don't.

Why?

Cause NITE infiltrated every single government institution on that side of the country.

We're doomed.

Ordinary

The only thing that popped is SRGE's engine block.

And it's not going to go anywhere...except in a ditch...on the side of the road.....

An Ordinary tow truck driver who wouldn't touch that thing with a ten foot long hitch....

"...Shorty planted stories imo."

I don't think anyone except the "brains" (or lack thereof) behind the SRGE scam planted stories.

At least they got somewhat creative with the stories!

Ordinary

"....attention this board gets and that most of the false rumors involving SRGE came from this board."

Good. I'm willing to bet the architects of the SRGE scam contributed greatly to this message board.

Ordinary

(gasps)

Oh they couldn't POSSIBLY have infiltrated HOMELAND SECURITY!!

They are the WORST sort of human beings, those dastardly evil-doers at NITE.

Ordinary sarcasm

I do...however...hope the perpetrators of the SRGE scam are caught and "reprimanded" for stealing millions of dollars from shareholders. Soon.

Ordinary

No.

And they won't be "reprimanded" for doing their job.

Ordinary

There won't be a "divvy".

Not next week(s)...next year(s)....next lifetime(s).

Ordinary

"...Bags full of shorty cash soon for longs!"

Those that ran the scam that was "Southridge Enterprises" are the only folks holding bags of cash. And they have no intention whatsoever of sharing any of that with the shareholders.

Ordinary

"....Southridge might have been serviced by a temporary or virtual office operation that had space in the building."

Companies do that from time to time...but those that do have REAL people, with REAL revenue streams, reporting REAL numbers by the very same REAL people who work at the company making REAL wages producing REAL work.

Ordinary

Gosh..it seems NITE has agents EVERYWHERE. They have those critters embedded in newspapers, magazines, and the paper towel dispenser at your local truck stop!

Why I even hear NITE has agents embedded in McDonald's french fries!

So why not have them embedded at the Dallas Morning News? Tell you what..I'll go down there first thing tomorrow morning and find out.

lol

Ordinary Sarcasm