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Wal-Mart Says February Sales "Total Disaster", Worst Monthly Start Since 2006; Stock Drops

Tyler Durden's picture




 

Wal-Mart shares are plunging as the firm reports a 'total disaster' in its February sales. Bloomberg obtained internal emails that note:

"In case you haven’t seen a sales report these days, February MTD sales are a total disaster,” Jerry Murray, Wal-Mart’s vice president of finance and logistics, said in a Feb. 12 e-mail to other executives, referring to month-to-date sales. “The worst start to a month I have seen in my ~7 years with the company.... That points to our competitive landscape, which means everyone is suffering and probably worse than we are

It gets better:

“We have to fight against the tougher economic environment to earn a bigger share of a smaller consumer spending pie"

Obviously in WMT speak, "tougher" is what Obama would call "much better and rapidly improving."

Things must not be serious over in Bentonville for this much truth to suddenly hit the tape.

One senior executive summed it up perfectly - “Well, we just had one of those weeks here at Walmart U.S. Where are all the customers? And where’s their money?” The company notes the end of the payroll tax cut by Obama and asks "We need to stop the stupid."

How odd: why is WMT focused on such trivial anachronisms as "money": can't it just boost its multiple by promising 2022 sales will be stupendously  marvelously humongous. It works for every other hollowed shell of a firm, gutted by Bernanke's central planning.

Perhaps, just perhaps, some reality will finally come back to the market as a result of this disclosure.

 

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Fri, 02/15/2013 - 15:14 | 3247244 Wakanda
Wakanda's picture

Voting does not seem to change anything in DC.  Maybe pissed off billionaire Waltons can light a fire under BO and his goons.

Fri, 02/15/2013 - 15:17 | 3247261 HoofHearted
HoofHearted's picture

If they were actually stocked in ammo, they would have no problem making good m-o-m and y-o-y numbers. There are always a number of guys milling around the ammo case talking about when they used to be able to shoot their guns. Some of us are just looking to add to stacks... 

Fri, 02/15/2013 - 15:19 | 3247273 machineh
machineh's picture

... while Wal Mart execs just want to 'stop the stupid.'

Hope they're serious ...

Fri, 02/15/2013 - 15:30 | 3247324 Tortfeasor
Tortfeasor's picture

Hoocodanode that pissing off gun-totin' Amuricans was bad for the top 'n bottom lines?

Fri, 02/15/2013 - 15:35 | 3247361 BLOTTO
BLOTTO's picture

When the masses can't afford to shop at Walmart, then you know its getting worse

.

Now, when they can't afford shopping at 'the Dollar Store'...look the fuck out.

Fri, 02/15/2013 - 15:42 | 3247396 fattail
fattail's picture

Increase monthly SNAP and EBT allotment increase sales.  duh.

Fri, 02/15/2013 - 15:45 | 3247414 Pure Evil
Pure Evil's picture

Oh, those poor Walmartians. Where did all the money go, well just look at all the merchandise stocked on your shelves. Since practically everything on your shelves comes from China or is manufactured outside the US, maybe you should be asking them where all our jobs and money went.

Fri, 02/15/2013 - 15:50 | 3247432 Supernova Born
Supernova Born's picture

No ammo, no money.

Mo ammo, mo money.

Fri, 02/15/2013 - 15:58 | 3247454 FEDbuster
FEDbuster's picture

"Now, when they can't afford shopping at 'the Dollar Store'...look the fuck out."

When the dollar store runs out of things to sell for a $1, then I guess they will become $10 and under stores.  There is only one true $1 store in our area, all the others have items that cost more than a $1.

Fri, 02/15/2013 - 16:04 | 3247470 Manthong
Manthong's picture

There must be a mistake..

After all the consumer confidence numbers are up

Anyway, how can one store chain like Wal-Mart be an indication of consumer spending?

or McDonalds, for that matter.

Fri, 02/15/2013 - 16:04 | 3247481 TruthInSunshine
TruthInSunshine's picture

I was kinda' sorta' hoping they wouldn't blame it on high gasoline prices, even in part.

Obama said evil speculators were to blame and even managed to get the per gallon price close to $3 (or below) just prior to the election, but there's only so much one man can do.

 

/s

Fri, 02/15/2013 - 16:09 | 3247488 dwdollar
dwdollar's picture

Glad to do my part... I bought a couple of TP-LInk routers from Walmart and discovered they were both complete junk. I returned them and bought a couple of 3 year old Cisco routers off EBay and haven't regretted it for a second. Haven't been back to Walmart since. Walmart has pushed its suppliers too far. Instead of selling things which only last 3-6 months, they now sell things that don't work at all.

<sarc>

I'm sure stealth inflation has nothing to do with it...

</sarc>

Fri, 02/15/2013 - 16:23 | 3247580 imbrbing
imbrbing's picture

Dont you know this creates money velocity! You buy something, they get the money, it moved, You take the item back and they give your money back, the same $20 has now moved twice.

You take that $20 and use it on EBAY and it has now magically moved 3 times through the system and all that for one measly product.

When the real velocity starts, as in china giving our paper back, then we will have a real idea what economic situation we are in.

I am rambling ;-p

Fri, 02/15/2013 - 16:38 | 3247636 macholatte
macholatte's picture

 

 

Maybe this has just a litle something to do with it:

 

The Real Cost of Obamacare

 

In 2013, Millions Of Americans Face Obamacare Tax Hikes

http://www.forbes.com/sites/sallypipes/2012/12/25/in-2013-millions-of-am...

 

 

Fri, 02/15/2013 - 16:40 | 3247646 Stackers
Stackers's picture

Not seeing it here. One by my house was packed with people buying Cheetos and stretchy pants

Fri, 02/15/2013 - 17:24 | 3247791 HoofHearted
HoofHearted's picture

Thanks. I really wanted to think about those fat asses in their stretchy pants eating Cheetos. Please burn that idea out of my head now...or just burn out my corneas.

Fri, 02/15/2013 - 23:25 | 3248661 TBT or not TBT
TBT or not TBT's picture

Cornea replacements are a very costly treatment plan, so very stimulative!   This is the "broken windows of the soul fallacy" in the new economics.    You read it first here.

Fri, 02/15/2013 - 22:40 | 3248593 DirkDiggler11
DirkDiggler11's picture

Yep, Cheetos are on rollback for $1.98, a great deal ! The stretchy pants make it easier to shoplift.... Buy one, steal 2 for free !

Fri, 02/15/2013 - 16:40 | 3247641 johnQpublic
johnQpublic's picture

my coffee now comes in a special wal-mart size 24 ounce can as opposed to the 28-33 oz elsewhere

so i dont go there

their ammo prices were to high anyway

cheaper at xring(in de, not online)

Fri, 02/15/2013 - 23:33 | 3248681 goldfish1
goldfish1's picture

People are checking their prices and finding out they can get better cheaper elsewhere.

Sat, 02/16/2013 - 04:37 | 3249007 e-recep
e-recep's picture

spilled my coffee all over the place.

Fri, 02/15/2013 - 16:07 | 3247494 DaveyJones
DaveyJones's picture

The Feds blame the meteor

Fri, 02/15/2013 - 16:15 | 3247509 TruthInSunshine
TruthInSunshine's picture

It's gettin' real at the Whole Foods Parking lot, also:

Whole Foods Shares Sink on Sales Outlook

Whole Foods Parking Lot

 

This Busters on his iPhone talking to his friends,
Picking up some cayenne pepper for his master cleanse.
You're the most annoying dude I've ever SEEN brah...
Could you PLEASE move? You're RIGHT in front of the Quinoa.

Damn, I'm about to check out.
Pay my 80 bucks for 6 things and get the heck out.
The express lane is moving hella slow...
Man, these fools don't know... that shit is getting REAL....

Fri, 02/15/2013 - 16:16 | 3247539 DaveyJones
DaveyJones's picture

Good. Whole Foods is a hypocritical GMO "pretty-boy" organic wannabe. Stick to your food-coop and your farmers' markets  

Fri, 02/15/2013 - 16:22 | 3247571 Randall Cabot
Randall Cabot's picture

BTFD,YFI!

Fri, 02/15/2013 - 16:27 | 3247605 OutLookingIn
OutLookingIn's picture

CLEAN UP!

In aisle...

[which aisle Jerry?]  "Executive washroom."

Clean up in... Oh, never mind.

Fri, 02/15/2013 - 16:28 | 3247608 DaveyJones
DaveyJones's picture

...and your garden

Fri, 02/15/2013 - 16:28 | 3247611 TheFourthStooge-ing
TheFourthStooge-ing's picture

DaveyJones said:

Good. Whole Foods is a hypocritical GMO "pretty-boy" organic wannabe. Stick to your food-coop and your farmers' markets

But, but, but their beefberries were raised in Organic aquaculture tanks.

Fri, 02/15/2013 - 16:53 | 3247695 DaveyJones
DaveyJones's picture

your toilet is an organic aquaculture tank

depending on what you eat

Fri, 02/15/2013 - 16:52 | 3247693 azzhatter
azzhatter's picture

Dude you are just so bogus man. Whole foods is like really awesome organic food man.

Fri, 02/15/2013 - 17:31 | 3247806 TruthInSunshine
TruthInSunshine's picture

They ain't awesome NO MO' ! ! !

Sorry for yelling. I am now calming myself. I've been on edge ever since they took Kombucha off the shelf.

Fri, 02/15/2013 - 16:23 | 3247581 jballz
jballz's picture

 

no he didn't. gas was jacked up for monthe before the election and totally out of norms with crude. It dropped like a rock after the election.

 

No need to make shit up, there's plenty of reasons to hate everyone in the beltway and conspiracies galore too, without making shit up.

Fri, 02/15/2013 - 18:43 | 3248019 jballz
jballz's picture

 

down arrows?

you no like facts

 

http://ycharts.com/indicators/gas_price

 

ramped up all summer, gave up a bit going into the election, bottomed out in December. 

Like the oil companies gave a shit if Obama was elected, like he has any fucking sway with them, Bush, sure. Not even the Saudis like Obama and he is one of their own.

Fri, 02/15/2013 - 20:01 | 3248203 willwork4food
willwork4food's picture

Don't sweat it j- trolls and idiots are alive and well, especially when facts piss them off.

Fri, 02/15/2013 - 21:42 | 3248416 unrulian
unrulian's picture

Yo, j and will.i.work...you bitchez ain't got no facts

Sat, 02/16/2013 - 00:28 | 3248784 sun tzu
sun tzu's picture

high oil pricies in 2008 = bush's fault

high oil prices in 2013 = not obama's fault

 

keep your head stuck up your messiah's ass

Fri, 02/15/2013 - 16:16 | 3247537 DosZap
DosZap's picture

or McDonalds, for that matter.

MICKEY D's is not inexpensive any more.

Fri, 02/15/2013 - 16:22 | 3247559 Almost Solvent
Almost Solvent's picture

The food is nasty, but other than the $1 menu, you can't touch a "value meal" for less than $7 - $10 if you super size it. So, trying to feed a family of 4 is going to set one back at least $30 -$40.

 

For that, might as well buy some shitty "fresh" food at Walmart and cook it yourself.

Fri, 02/15/2013 - 16:21 | 3247565 TruthInSunshine
TruthInSunshine's picture

They have a new horsemeat-onion-cheddar edible food like substance for a BernankBux.

Fri, 02/15/2013 - 17:04 | 3247729 Liquid Courage
Liquid Courage's picture

That can't spoil ... did I mention that?

~Herb Tarlek, WKRP Advertising Sales Manager, Cincinnati, Ohio.

Fri, 02/15/2013 - 20:06 | 3248214 willwork4food
willwork4food's picture

Does that come with their delicious BP-Kraft style dressing?

Fri, 02/15/2013 - 16:28 | 3247612 The Axe
The Axe's picture

MCD  is coming up against high taxes and NOW labor costs plus food inflation..on a menu that has it margins on only the fixed price menu, not the polpular $1 items...pain is coming....

Sat, 02/16/2013 - 01:08 | 3248843 ThatGuyEhler
ThatGuyEhler's picture

I work for a McDonalds here in Canada (I'm still just a teen in high school) but I've noticed that the managers have been getting really picky about food waste lately. Apparently our store's cost on most product has gone up at least 30% in the past year, and they tell me that margins are being pushed to their limits already. Price increases are certainly on there way at the Golden Arches.

Fri, 02/15/2013 - 16:08 | 3247496 larz
larz's picture

Did you seasonally adjust and divide by the deflator FED? if you do everything is actually way under a dollar

Sat, 02/16/2013 - 03:24 | 3248964 Practical Cogitator
Practical Cogitator's picture

Remember when a room at Motel 6 cost $6.00?

Fri, 02/15/2013 - 16:23 | 3247587 TheFourthStooge-ing
TheFourthStooge-ing's picture

Pure Evil said:

Oh, those poor Walmartians. Where did all the money go, well just look at all the merchandise stocked on your shelves. Since practically everything on your shelves comes from China or is manufactured outside the US, maybe you should be asking them where all our jobs and money went.

The ammunition was one of the few American-made items you could still buy there.

If you can't buy ammo there, customers will go elsewhere in search of it, and probably pick up a few other things while they're at those other stores. Thus pulling ammo from the shelves is also impacting Walmart's sales of Cheez Doodles and Mountain Dew.

Fri, 02/15/2013 - 16:34 | 3247607 Supernova Born
Supernova Born's picture

Texas-based, Frito-Lay Cheetos, FTW.

Fri, 02/15/2013 - 16:39 | 3247639 KnightTakesKing
KnightTakesKing's picture

Serves the bastards right.

Fri, 02/15/2013 - 16:47 | 3247673 otto skorzeny
otto skorzeny's picture

all the TULA is made in the USSR

Fri, 02/15/2013 - 17:34 | 3247815 n9lhm
n9lhm's picture

"Thus pulling ammo from the shelves is also impacting Walmart's sales of Cheez Doodles and Mountain Dew."

 

And stretchy pants.......... :)

Fri, 02/15/2013 - 17:08 | 3247742 WarHorse
WarHorse's picture

Right - Because companies should pay 10x the price to manufacture goods in the states rather than China.  Wake up.  Globalization is here .. like it or not .. eventually the difference in wages will be arbitraged away but it will takes decades ... a successful U.S. requires individuals with advanced education that can innovate and apply technology .. too bad our ever growing liberal policies have removed all incentive to study hard, work hard ... the USA is in a flat spin ... Rome is burning

Fri, 02/15/2013 - 17:08 | 3247743 WarHorse
WarHorse's picture

Right - Because companies should pay 10x the price to manufacture goods in the states rather than China.  Wake up.  Globalization is here .. like it or not .. eventually the difference in wages will be arbitraged away but it will takes decades ... a successful U.S. requires individuals with advanced education that can innovate and apply technology .. too bad our ever growing liberal policies have removed all incentive to study hard, work hard ... the USA is in a flat spin ... Rome is burning

Fri, 02/15/2013 - 19:23 | 3248106 nofluer
nofluer's picture

And you're not keeping up with the real world. Why do you think that call centers that used to be in Puerto Rico moved to India and then moved to Mexico and some are now moving back to the USA? Yep... the folks who were getting raped at each successive spot started demanding more money, and getting it, and the jobs moved.

And it's not all about labor costs. Call centers need to be able to be understood by the people who call in or the customers will just hang up and take the crappy product back to the store. (I've done this many times)

If you're shipping products made in China, for ex - you not only have to pay the help (except for the prisoners who essentially work for food), but then you have to pay to SHIP the stuff! Ships cost a LOT of money! Look into the numbers of those big shipping containers that go over the side and are lost at sea. Then you can run into dock strikes, customs delays, etc. and then you have to put the containers on trucks and move them to wherever they're going. So sometimes it actually gets cheaper to pay higher wages in the USA than to get cheap labor in China.

And I haven't been keeping up lately, but not all that long ago things made in the USA were PRIZED even overseas because of higher quality, durability, functionality, and the America worker could out-produce just about any other work force on the planet!!!

 

Fri, 02/15/2013 - 19:11 | 3248058 nofluer
nofluer's picture

Store that live by the crap, die by the crap.

And speaking of crap - come on! Walmart expects people to buy Tyson "meat"? And all that GMO crap in the other aisles? People are wising up about that stuff! which is not to say we won't buy it - just that we need alternatives. We have a regional grocery store with some REAL choices of food... costs a bit more, but that's where we shop. (For good stuff, people ARE willing to pay more! Low Prices is not the be-all end-all of retailing!)

Don't know about Walmarts anywhere else, but about a year or so ago the Head Office apparently got themselves a cracker of a marketing exec!!! This annonymouse moron moved everything around in the stores (and reduced display space at the same time - JIT move? They were having fits of cash flow problems before the Big Shuffle...).

Whereas the chocolate used to be right up front by the cash registers (can we say "Impulse Merchandise" boys and girls?). Now it's somewhere in the middle of the store and, no shit, you have to actually LOOK for it!!! I've been losing weight ever since they hid the chocolate!

Another example - the "Beta" fish. (aka Siamese Fighting Fish. Don't know why they call 'em that. In my aquarium even the angel fish were eating them!) Now - those fish with the wavy fins and slow calming movements in their little globe bowls (for about $5) are a GREAT impulse item for kids!!!! "Mommie! Mommie! I want a FISH!!!" Those were moved from right on the main aisle by the pet food and on the way to the garden stuff RIGHT BY the toys, to an end cap in the back of the store facing the back wall and the dog food. Not a chance in Hell a kid is going to see them.

#1 - Walmart needs to return to Sam's rules of screwing AMERICAN producers of junk products instead of Chinese and etc.

#2 - Wally world needs to FIRE the ignoramous in charge of display and marketing and hire someone who actually KNOWS something about different kinds of products and coordinating the products with the traffic patterns of the different demographics of people who walk through their stores.

#3 - their inventory system SUCKS!!! As an accountant, I walk through stores and notice things. They have too much of this and none of that - to someone like me that kind of thing sticks out like a sore thumb. In in-store discussions with dept managers I learned that they have a COMPLETELY computerized inventory reordering system (kinda like a EOQ system but yet - NOT.) If the mgr is going to have a sale, can he order extra? Nope. He has to have the sale and run out of stuff, then because of high sales numbers, the next shipment he gets slammed with over-ordered merchandise he now (after the sale) can't move.

They seems to have gots themselves some DUMBazzes in the Executive suite.

Sat, 02/16/2013 - 09:56 | 3249206 northerngirl
northerngirl's picture

The problem is with Americans, we want cheaper and cheaper products.  Why are so many products on Walmart's selves made over seas? 

Fri, 02/15/2013 - 15:55 | 3247439 francis_sawyer
francis_sawyer's picture

I was just at WAL-MART [buying some 'Klondike Bars' ~ & a few other things, because I've found it hard to GROW Klondike Bars in the greenhouse]...

~~~

Anyway... The TOTAL comes to $28.74... [Whereby ~ I hand the cashier $30 joobux]... I glanced at the register and see CHANGE .26 cents... So I said, nicely, '.26 cents'?... I think 'something' clicked in her grey matter & she started doing this maneuver which involved scribbling down numbers in what looked like a receipt... When she was done, she reached in to the register & handed me $2.26 in change...

Without ado... I handed her back a dollar & said... "We'll call it EVEN"... I'm not sure whether or not she thought it was a TIP...

My hypothesis is that they handle EBT cards all day & hyperventilate when joobux are mixed into the equation... Sad news [to this], is it prolly means that your Jay Z [ROCK-A-FELLA] RFID chips are coming sooner than you think...

Note: Before you all get to junking my comment... The MORAL to this whole story is simply... 'THAT'S what francis _sawyer would do for a Klondike Bar'...

Fri, 02/15/2013 - 15:58 | 3247458 Ident 7777 economy
Ident 7777 economy's picture

-1 for the ***bucks part ...

Fri, 02/15/2013 - 16:02 | 3247476 TruthInSunshine
TruthInSunshine's picture

Some people think it's funny but it's green & white "paper" money.

Fri, 02/15/2013 - 16:10 | 3247511 FEDbuster
FEDbuster's picture

FRNs or IOUs around here.

Fri, 02/15/2013 - 16:23 | 3247574 TruthInSunshine
TruthInSunshine's picture

They put Andrew Jackson on the hundie.

Those jokesters.

Fri, 02/15/2013 - 16:36 | 3247631 A82EBA
A82EBA's picture

They'll put Kng Midas on the next one

Fri, 02/15/2013 - 16:48 | 3247679 Temporalist
Temporalist's picture

They put Midas on the $100 Quadrillion Tungsten Coin

Fri, 02/15/2013 - 16:56 | 3247702 TruthInSunshine
TruthInSunshine's picture

As long as they don't change their presses when minting the future Krugmanrand*.

 

*Krugmanrand: A gold colored powder-coated round, composed of 10% tin and 90% nano-coated bullshit particles, bearing the slogan "In Diocletian We Trust" and "To Infinity & Beyond!" on one side, alongside "CTRL+P," and having the other side enscribed with "What, Me Worry?" alongside an engraved likeness of one Ben S. Bernanke (Shakey McShakester).

Fri, 02/15/2013 - 18:20 | 3247945 Temporalist
Temporalist's picture

I thought the obverse of the Krugmanrand was Marvin the Martian.

"Oh goodie!  My Eludium Pu36 explosive space modulator." or "Let's have no more mutiny."

Fri, 02/15/2013 - 16:54 | 3247696 otto skorzeny
otto skorzeny's picture

how about a skittles shitting unicorn-or Beelzebub

Fri, 02/15/2013 - 17:16 | 3247771 francis_sawyer
francis_sawyer's picture

or... JAMARCUS RUSSELL...

~~~

Note: Not many people will actually GET that unless they do a little study... [which would give you an indication of the 'clientele' these dayz]...

Fri, 02/15/2013 - 16:17 | 3247546 CheapBastard
CheapBastard's picture

Walmart simply didn't get the "Everything is fine" memo.

Fri, 02/15/2013 - 16:45 | 3247664 Ying-Yang
Ying-Yang's picture

Walmart sucks!

Fri, 02/15/2013 - 15:37 | 3247368 TerminalDebt
TerminalDebt's picture

John Williams believes it's all about to come crashing down soon

http://www.youtube.com/watch?v=O8kBDUw45uY

Fri, 02/15/2013 - 15:41 | 3247395 HappyCamper
HappyCamper's picture

Sales?  Earnings?  Profits???

 

What the hell does any of that have to do with the stock market?

Fri, 02/15/2013 - 15:43 | 3247407 Divided States ...
Divided States of America's picture

Dont worry, in the next earnings announcement, they will blame Feb sales downfall to Feb having only 28 days...

Fri, 02/15/2013 - 15:59 | 3247464 FEDbuster
FEDbuster's picture

Need a damn Leap Year to pull us out of this depression.

Fri, 02/15/2013 - 16:10 | 3247510 insanelysane
insanelysane's picture

That's what saved GDP last year. </sarc>

Fri, 02/15/2013 - 16:23 | 3247576 CheapBastard
CheapBastard's picture

I'm also waiting for JCPennys and Sears....

 

I'm wondering if I'll see this also at the other end of the Bonus Rainbow:

Yacht sales are up.....

Tiffany's 'one of the best years ever'....

BMW's record quarter...

Nothing would surprise me anymore !

 

 

Fri, 02/15/2013 - 19:03 | 3248055 Oldwood
Oldwood's picture

Exactly! with this robust economy, who need to shop at Walmart anymore?

Fri, 02/15/2013 - 15:55 | 3247444 The Heart
The Heart's picture

Here is some more to add to the pile of warnings.:

Hyperinflation WARNING: US Dollar In Deep, Deep TROUBLE...Prepare Yourself.

http://www.youtube.com/watch?v=4zFf9bOsfA4

Fri, 02/15/2013 - 16:04 | 3247482 fonzannoon
fonzannoon's picture

where is ADR? please come out and take a bow. you have been telling us this forever

Fri, 02/15/2013 - 17:50 | 3247868 gnomon
gnomon's picture

That is part of what is going on.  I stopped buying anything at WalMart when they equivocated on purchasing more ammo after Sandy Hook.  I have not bought from them since.  CheaperThanDirt also "reassessed" things after Sandy Hook, and they have not seen any of my business since then.  

This is Sudden Death time for the Republic.  I take no prisoners.  And if they force a shooting war on us, it will be the same.

Fri, 02/15/2013 - 19:09 | 3248075 Bad Attitude
Bad Attitude's picture

Walmart is still selling ammo, which means they are still buying ammo. The original report about Walmart stopping the sale of ammunition was incorrect: http://cnsnews.com/node/628115

Fri, 02/15/2013 - 19:09 | 3248077 Oldwood
Oldwood's picture

Too late to stn d on principle. I stop at Walmart, Cabelas and anybody else i think that may have what I'm looking for. Th eone thing I can say for them is that they have not ramped their prices with the demand.

Fri, 02/15/2013 - 15:39 | 3247380 imaginalis
imaginalis's picture

stupid = their customers?

Fri, 02/15/2013 - 15:20 | 3247282 Wakanda
Wakanda's picture

Sam would've loved it.  Make the guns and ammo section as big and deep as automotive or electronics and watch the money pour in.

Fri, 02/15/2013 - 16:02 | 3247475 Ident 7777 economy
Ident 7777 economy's picture

Hear hear!

Fri, 02/15/2013 - 16:09 | 3247501 Antifaschistische
Antifaschistische's picture

How about offering silver, gold, platinum, palladium, etc. in the gun section.   It wouldn't take up any more space that a suitcase....and those of us who would NEVER shop at a Wal-Mart may even pick up a 48 pack of toilet paper on the way out.

Fri, 02/15/2013 - 16:12 | 3247522 FEDbuster
FEDbuster's picture

Utah Walmarts have big long term food storage sections.  I don't know why they can't expand that for the rest of us non-LDS preppers?

Fri, 02/15/2013 - 16:21 | 3247564 DosZap
DosZap's picture

Utah Walmarts have big long term food storage sections.  I don't know why they can't expand that for the rest of us non-LDS preppers?

 

Because Utah is a Mormon state, and Mormon's believe in prepping like no other groups.

IF the demand where there, they would,but Costco is cheaper for preppers.

Fri, 02/15/2013 - 16:43 | 3247659 Wakanda
Wakanda's picture

I'd buy a 48 roll pack and dog treats!  C'mon Waltons, PMs, guns, and ammo for the ZHers!

Fri, 02/15/2013 - 15:35 | 3247364 Agent P
Agent P's picture

You took the comment right out of my keyboard. 

Note to Wal-Mart: the three box limit is meaningless when the cupboards are always bare.

Fri, 02/15/2013 - 16:24 | 3247582 Crabshacker
Crabshacker's picture

Our wally world finally got some 9mm in, bricks of 250...750 rds. put away wifes stopping by to pick up 3 more..they even had 7.62 finally  

Fri, 02/15/2013 - 16:38 | 3247638 Agent P
Agent P's picture

The ones around here (I check three on a regular basis) have nothing but birdshot and a few boxes of .17, .270 and .30-30.  I've been laughed at for asking about .223.  Same goes for Gander Mountain, Bass Pro, Dick's and local shops...

I'm starting to see some availability online, but at a $1+/round that ain't happening just to keep my stack level.

Fri, 02/15/2013 - 19:06 | 3248061 Crabshacker
Crabshacker's picture

We only have four places to get ammo on the pennisula,sportsmans told me they're not even ordering any AR related stuff. wally world is now getting .223/7.62/.308 but you got to go in every morning and check. A bunch of retired guy's are buying everything up when they stock it in the morning. (they quit stocking at night because somebody stole a whole case of .223..

Fri, 02/15/2013 - 19:20 | 3248100 Bad Attitude
Bad Attitude's picture

The three box limit was intended to give more customers a chance at buying some ammo. Before the three box limit, the sporting goods staff were telling me that there were people buying out the entire shipment of popular calibers.

Last Saturday, I was at the ammo case while it was being stocked. The three box limit was the only reason I was able to get some 9mm. Another guy that was there wasn't aware of the three box limit, and had intended to buy pretty much all the 9mm.

Fri, 02/15/2013 - 16:06 | 3247489 sessinpo
sessinpo's picture

Ammmo is still considered a luxury expenditure. What you miss is that even with providing staples, like groceries, clothing and pharmacy, Walmart is having problems.

 

I have ranted before on how ammo has seen a +300% increase in prices in specific calibers. This hasn't happened all over the country, but a large portion. But the vast majority of shoppers do not go to Walmart to buy ammo. I don't need Walmart for that. In fact, I've increased my 22lr stock by 3000 rounds and my 308 winchester by 100 rounds in the last week. And I am in an area where Walmart does not keep a steady supply of ammo. I've had to go to other retailers.

But I still shop at Walmart for most of my groceries and day to day items.

Fri, 02/15/2013 - 17:21 | 3247784 Agstacker
Agstacker's picture

I hear that I was there the other day to near empty ammo shelves, except for over-priced odd-ball calibers.  

Fri, 02/15/2013 - 15:17 | 3247265 SolidSnake961
SolidSnake961's picture

As Charlie Sheen would say, "sorry dude, i already got your vote"

Fri, 02/15/2013 - 15:31 | 3247331 insanelysane
insanelysane's picture

Walmart shoppers are getting back in the market and buying equities.

Fri, 02/15/2013 - 16:01 | 3247473 FEDbuster
FEDbuster's picture

Most wouldn't know what an "equities" is.

Fri, 02/15/2013 - 22:51 | 3248617 WmMcK
WmMcK's picture

That's Latin for horse meat, right?

Fri, 02/15/2013 - 15:35 | 3247363 kliguy38
kliguy38's picture

Those damn e mails... :-)

Fri, 02/15/2013 - 15:48 | 3247425 azzhatter
azzhatter's picture

These thugs are probably trying to make a profit said an Obama spokesman

Fri, 02/15/2013 - 15:58 | 3247453 LongSoupLine
LongSoupLine's picture

And there's your REAL fucking recovery.

Fuck you Obama, Bernanke and congress. You fucking shit filled walking tbtf bank vomit eating fucking pricks have fucked this nation into a festering shit bucket.

Fuck off a die you dicks.

Fri, 02/15/2013 - 16:16 | 3247536 nantucket
nantucket's picture

wow.  I thought i'd heard rants before, but that was a winner.

Fri, 02/15/2013 - 18:12 | 3247935 FEDbuster
FEDbuster's picture

LongSoupLines is ZH's walstreetpro2.  His lack of love for the banking elite is well documented.  When their day of reckoning comes, I would like LongSoupLines to deliver their punishments.   

Fri, 02/15/2013 - 19:58 | 3248199 Room 101
Room 101's picture

LSL: We'd missed you on these threads.  Please don't hold back.  Tell us what you feel.  

Sat, 02/16/2013 - 02:14 | 3248920 Parrotile
Parrotile's picture

"Come the Revolution" LSL is going to be the one with the BIG gun!

China may well benefit (seeing as they already have quite a long wall), or for the elite, maybe Hadrian's Wall (UK) would be more appropriate (Bank of England and whatever!)

Fri, 02/15/2013 - 22:23 | 3248551 Angus McHugepenis
Angus McHugepenis's picture

I fucking love you, ya soupy miserable fuck! I printed a copy of your avatar to carry in my wallet just in case I ever get arrested. Your likeness will comfort me in jail without all the dropping of the soap issues.

Fuck it, I've had enough to drink now. I need a 14 hour nap.

Cheers LSL!

Fri, 02/15/2013 - 16:22 | 3247568 FL_Conservative
FL_Conservative's picture

"The company notes the end of the payroll tax cut by Obama and asks "We need to stop the stupid.""

 

Unfortunately, he's with us for another 4 years.,

Fri, 02/15/2013 - 17:09 | 3247748 rbg81
rbg81's picture

Methinks this is really all about creating panic in the equity markets, so investors go running back to bonds.  Specifically, the Powers-that-Be need the yield on the 10Yr UST to come down.  Way down.

Fri, 02/15/2013 - 22:23 | 3248549 Cardinal Fang
Cardinal Fang's picture

It's about creating the clamor for more stimulus spending. Walmart is in on it. Do you really think you are told anything that you were not meant to hear by the MSM and TPTB? Leaked email my ass.

Fri, 02/15/2013 - 15:14 | 3247245 kato
kato's picture

they just took delivery of a new G6 though.

Fri, 02/15/2013 - 15:33 | 3247350 redpill
redpill's picture

Poppin bottles in the ice, like a blizzard

Fri, 02/15/2013 - 15:33 | 3247353 DosZap
DosZap's picture

Well the SNAP card users are still buying!

Fri, 02/15/2013 - 15:37 | 3247373 insanelysane
insanelysane's picture

Higher fuel and home heating prices are eating up the SNAP cards too.

Fri, 02/15/2013 - 16:05 | 3247486 Cathartes Aura
Cathartes Aura's picture

yeah, SNAP cards can only be used for food, nothing else, just food.

know yer meme when trollin'

Fri, 02/15/2013 - 16:11 | 3247515 DaveyJones
DaveyJones's picture

that's what street barter is for

Fri, 02/15/2013 - 16:49 | 3247682 Cathartes Aura
Cathartes Aura's picture

yes, there ARE more *cough* creative uses for the JPMplasticSwipes - but this notion that people are using SNAP cards for everything but food is just lazy repeating. . .

which is very popular here, so I'm not even sure why I bothered posting, lol.

Fri, 02/15/2013 - 17:32 | 3247811 tip e. canoe
tip e. canoe's picture

face it aura, everybody's scammin & skimmin...it's the Amer-i-con Way.

Fri, 02/15/2013 - 17:58 | 3247894 Cathartes Aura
Cathartes Aura's picture

indeed, and I acknowledged this in a post downthread - again, all I was pointing out is the difference between EBT and SNAP benefits.  pointing this out to the WallyMart shoppers, the TBTF bank account holders.  here.

doesn't matter tho' - none of it.  matters.

Fri, 02/15/2013 - 19:05 | 3248062 tip e. canoe
Fri, 02/15/2013 - 20:25 | 3248261 Cathartes Aura
Cathartes Aura's picture

don't mind me tip e. - been listening to the new mbv, loud, and realising that it might indeed be time to put my attention elsewheres.

breaking up is always hard tho' - *smiles*

Fri, 02/15/2013 - 16:13 | 3247524 insanelysane
insanelysane's picture

In the Peoples Republic of Massachusetts they come with a cash option.

http://www.mass.gov/eohhs/consumer/basic-needs/food/snap/using-the-elect...

 

Fri, 02/15/2013 - 16:49 | 3247689 Oleander
Oleander's picture

The .gov also found that Mass. was given $25 million tooo much for SNAP. We of course do not mind paying that back, its for the children. 

Fri, 02/15/2013 - 17:00 | 3247718 DaveyJones
DaveyJones's picture

and TARP is for the people who behave like children

Fri, 02/15/2013 - 17:12 | 3247749 Cathartes Aura
Cathartes Aura's picture

I was curious, so I looked at your link:

Tell the clerk how much money to enter or enter the purchase amount yourself. Remember, you can only buy eligible food items with your food benefits.

your link was to the EBT card users, which can indeed be used for getting fiat from a machine.  the SNAP card is limited to foodstuffs only, unless you're using DaveyJones creative thinking.

here's the link for your local SNAP rules:

http://www.mass.gov/eohhs/consumer/basic-needs/food/snap/snap-benefits-o...

if yer gonna hate, at least do it truthfully.

Fri, 02/15/2013 - 16:23 | 3247578 world_debt_slave
world_debt_slave's picture

yep, had a grocery customer come through today my lane and used her SNAP card and had to pay another $3 for non-food items with a $100 bill and talking to her friend about going skiing this weekend with her friend.

I see all ages, males, females, all ethnicities with exception, possibly of asians, using the SNAP.

Fri, 02/15/2013 - 16:24 | 3247591 aerojet
aerojet's picture

And you just keep on believin' that!  People who use those cards have nothing better to do all day than figure out ways around the rules.  They basically have a system of trade where the cards get used for the intended purpose and the value is transferred in some discounted form to other goods via cash.

Fri, 02/15/2013 - 16:56 | 3247698 Ness.
Ness.'s picture

You forgot to sarc/ your post.  Shit man, in Chicago you can swap out EBT/SNAP for cash at the CBOT/CME.  

 

Lullaby and goodnight, with roses bedight
With lilies o'er spread is baby's wee bed
Lay thee down now and rest, may thy slumber be blessed
Lay thee down now and rest, may thy slumber be blessed

 

Shhhh - sleep well my child. *pats head*

 


Fri, 02/15/2013 - 17:44 | 3247778 Cathartes Aura
Cathartes Aura's picture

to all of you who took time out of your valuable posting day to "correct"  and/or downvote me - all I was pointing out was that there is a difference between a JPMorgan SNAP food-stamps substitute card, and an EBTbankcard issued by TBTFprofiteers, which you can indeed get "cash back" on.

the qualifications are different - some folks can get SNAP and no EBT (which is used for payments such as unemployment benefits), some get both, whatever - and yes, both are subject to creative usage, just like paying taxes, calling in sick for teh jawb, cheating on yer partner, yadda yadda.

it's amrka, nothing is to be taken at face value, well understood.

Fri, 02/15/2013 - 15:37 | 3247374 DosZap
DosZap's picture

ALSO,

Your GIG is up dudes!!!

Your produce is higher than most supermarket chains,(and crappier quality) and overall your food and meats are also.

Fri, 02/15/2013 - 15:49 | 3247428 XitSam
XitSam's picture

also less selection, just the stuff that they can force a national brand to knuckle under and sell at deep discount.

Fri, 02/15/2013 - 20:03 | 3248208 Room 101
Room 101's picture

They're always out of stock, have a 20 minute wait in their lines, and have legions of idiots working for them.  At the end of the day, it costs about as much to shop there as at most grocery stores.  It's not worth the slim savings to deal with them.   

Fri, 02/15/2013 - 22:26 | 3248556 Cardinal Fang
Cardinal Fang's picture

Chinese crap for us, good ol' American Iron for them.

Fri, 02/15/2013 - 15:15 | 3247246 Neethgie
Neethgie's picture

This is like boxing where Walmart is on the ropes and Obama is about to finish Walmart with a min wage hike knockout

Fri, 02/15/2013 - 15:35 | 3247362 ParkAveFlasher
ParkAveFlasher's picture

Don't worry, they can always go back to their suppliers and negotiate more price decreases. </sarc>

Fri, 02/15/2013 - 15:48 | 3247422 DosZap
DosZap's picture

Min wage $9.00,YOU will never see that passed.(at least not until the econ does an about face,which WILL never happen on Grouco's watch).

Obama knows if it does, it kills even more jobs, and knocks more folks of the 40 hr week, and /or they lose any bennies they have.

Fri, 02/15/2013 - 15:50 | 3247436 XitSam
XitSam's picture

if $9.00 will help people, why not $90/hr. or $900/hr.  Help everyone!   /s

Fri, 02/15/2013 - 23:32 | 3248678 TBT or not TBT
TBT or not TBT's picture

Dittohead?

Fri, 02/15/2013 - 16:21 | 3247554 sessinpo
sessinpo's picture

That would be a great comment except for that various studies indicate that average Walmart employees earn over the minimum wage hike.

 

In other words, a minimum wage hike, would hurt any worker (Walmart or not) that already earns above the hike level. Why, because those workers would essentially get a tax hike in the form of higher prices of goods.

Let's say the minimum wage is raised to $10/hour. And  let's say you currently earn $11/hr. How does that benefit you? You have to ask/demand your employer raise your pay due to your experience, seniority, etc. But the fact is, most of these jobs are monkey jobs and the employer is not likely to budge.

Since you already earn above the minimum wage, you won't get a raise. But since businesses have to pay a higher starting wage, it gives them a reason to raise prices on goods. So in the end, you don't get a raise, but you have to pay more for basic goods. Workers get hurt.

If anything, maybe the fast food restaurant worker of clothing retailer at the mall might get see the raise. The rest of us will get the tax.

Fri, 02/15/2013 - 15:14 | 3247247 ultimate warrior
ultimate warrior's picture

Just hand out MOAR EBT cards. Problem solved.

/sarc/

Fri, 02/15/2013 - 15:17 | 3247253 TruthInSunshine
TruthInSunshine's picture

Bernankomics-- it's like the worst nightmare ever, except that you're awake.

With an assist from Timmmmay! and ObaMao!

Fri, 02/15/2013 - 16:13 | 3247525 DaveyJones
DaveyJones's picture

weird, we're awake, but the government isn't

Fri, 02/15/2013 - 15:15 | 3247257 Lost Wages
Lost Wages's picture

Sam Walton is flopping in his grave.

Fri, 02/15/2013 - 15:45 | 3247285 bonzo112358
bonzo112358's picture

I agree.  If he saw what his store and name have turned into he would flip to say the least.  If you haven't seen any of these please sit back and enjoy 'people of walmart'.  http://www.youtube.com/watch?v=rNzwgrtdBo8  If you really ever want to how bad it is find a 24 hour walmart and stop in at 2 am.

Fri, 02/15/2013 - 16:09 | 3247508 dark pools of soros
dark pools of soros's picture

if you have an EBT card what is stopping you from living inside the 24 hour ones?

 

Fri, 02/15/2013 - 16:23 | 3247579 sessinpo
sessinpo's picture

They don't provide mattresses yet

Fri, 02/15/2013 - 22:06 | 3248503 Angus McHugepenis
Angus McHugepenis's picture

Head over to the camping section. I'm sure you can find what you need to live there 24/7.

Fri, 02/15/2013 - 16:26 | 3247599 aerojet
aerojet's picture

I would only care that he is pissed off if it is because WM quit selling handguns.  Which I think took place while Sam was still alive. 

Fri, 02/15/2013 - 16:46 | 3247671 Freddie
Freddie's picture

Money corrupts.  Wal Mart will do whatever the govt wants them to do because of SNAP cards, illegals and importing Chinese crap.  I am not a Wal Mart hater but all these big companies are the same.

The WSJ (crap paper now - they all are crap) had an online story about big WMT SuperMarts.

Jamie Dimon loads in the SNAP card money at Midnight - I think twice a month.  At 12:01 am - the 40 registers start beeping at a big WMT with SNAP/WIC cards.  Sick.   Same with the crap fast food places like MCD and Taco Bell et all with mystery meat and food.  It is just slime food for Obummer voters.

Fri, 02/15/2013 - 15:16 | 3247260 cornflakesdisease
cornflakesdisease's picture

White House Unofficial Rebuttle:

 

https://www.youtube.com/watch?v=5NNOrp_83RU

Fri, 02/15/2013 - 15:19 | 3247272 scatterbrains
scatterbrains's picture

did folks on extended unemployment bennies take a cliff dive ? Thank goodness for $5 gasoline just around the corner or this could get realy nasty.

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