Wal-Marts CEO is Fired.......
Walmart CEO is fired.
He had such a winning strategy too. Fill all the stores wall to wall with Made in China goods. Attempt to sell those goods to Unemployed Americans. Why would that not be successful? I am so confused.
"Business is currently lousy for all retailers. (Gee I wonder why) Customers have been reluctant to spend (Gee I wonder why) – earlier this year they were hampered by the harsh winter weather (It got cold in the winter and nobody knew that was going to happen). More recently, in the second quarter, economic concerns have held them back from spending aggressively (Economic concerns = There are no jobs…..because of Walmart). They are saving more (You only get one unemployment check per week). From The Container Store to Macy’s to Walmart, I sense a deep concern." (As they should)
http://www.forbes.com/sites/walterloeb/2014/07/25/walmart-unexpectedly-fires-its-us-ceo/
He had such a winning strategy too. Fill all the stores wall to wall with Made in China goods. Attempt to sell those goods to Unemployed Americans. Why would that not be successful? I am so confused.
"Business is currently lousy for all retailers. (Gee I wonder why) Customers have been reluctant to spend (Gee I wonder why) – earlier this year they were hampered by the harsh winter weather (It got cold in the winter and nobody knew that was going to happen). More recently, in the second quarter, economic concerns have held them back from spending aggressively (Economic concerns = There are no jobs…..because of Walmart). They are saving more (You only get one unemployment check per week). From The Container Store to Macy’s to Walmart, I sense a deep concern." (As they should)
http://www.forbes.com/sites/walterloeb/2014/07/25/walmart-unexpectedly-fires-its-us-ceo/
posted by res17 at
July 25, 2014
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