Friday headline roundup

24 sad photos that show what Wal-Mart is doing wrong (Business Insider, 10/28/2013)

“Wal-Mart is America’s largest retailer. But as the American economy declines, Wal-Mart does too. Brian Sozzi at Belus Capital Advisors recently took a series of photos that he says illustrate how understaffed Wal-Mart locations have become…Wal-Mart’s workforce has fallen by 120,000 since 2008, and that in the same time the company has added several hundred locations, Bloomberg reports.”

 

Wal-Mart to promote 25,000 workers. Policy change or publicity stunt? (Christian Science Monitor, 10/29/2013)

“Wal-Mart has long been a public scapegoat for a wide range of social issues, drawing the ire of activists for everything from animal rights to fair worker wages. Now, it’s making a move to control its image on at least one of those fronts.”

 

Wal-Mart kicks off on-the-spot promotions (Associated Press, 10/29/2013)

“Wal-Mart Stores, faced with criticism about worker pay, is making public a round of promotions of about 25,000 U.S. store employees to help send a message that it offers economic security and opportunity…The latest campaign comes as Wal-Mart remains a target of attacks by critics, particularly union-backed groups that have argued the discounter puts profit ahead of its workers and pays meager wages. Last week, OUR Wal-Mart, a group of current and former workers that have been staging protests at its stores, held a press conference in Washington, to pressure the discounter to pay all of its full-time workers at least $25,000 a year. It’s planning another round of protests at its stores on the day after Thanksgiving, the traditional kickoff for the holiday shopping season.”

 

Wal-Mart managers talk fears, innovation and competition (The City Wire, 10/30/2013)

“[Divisional merchandising manager of consumer electronics Kevin] Pate said his son was shopping online for a computer and found what he wanted at  Amazon. ‘You know who I work for right?’ Pate said he asked of his son. ‘So I called out to California and found out we do offer a similar product at Walmart.com. We didn’t have the same product, we had a better one, but he never thought to look there because he didn’t believe Walmart.com would have that high of quality.’ He said there is still plenty of work to do getting millennials to trust Wal-Mart the way they intrinsically trust Amazon.”

 

Wal-Mart “borders on the ludicrous,” Rep. Conyers tells Salon (Salon, 11/1/2013)

“Q: Wal-Mart’s US CEO… [said] the company was ‘cautious but modestly optimistic’ that if food stamps are cut, that will lead to better business for Wal-Mart, because it will make people even more price-conscious if they lose some of their food stamp benefits. What’s your reaction to that?

“A: Well I – it’s incredible to me that eating less is going to make you more economically effective. I don’t think – I don’t think they deserve – that kind of issue deserves a response. Because we’re talking about people merely getting the nutrition that an average person needs, and we’re up against the wall – and they’re talking about that there are benefits in reducing the SNAP program, which is – I think borders on the ludicrous.”

What do you think?