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InvisibleSoopaX
Criminal DrugAnalyst

Registered: 11/13/04
Posts: 1,690
Wal-Mart Bows to Unions, Copies GM Success Formula
    #4139118 - 05/05/05 08:26 PM (11 years, 7 months ago)

Wal-Mart Bows to Unions, Copies GM Success Formula
by Scott Ott
(2005-05-04) -- Wal-Mart Stores today surrendered to pressure from labor unions to increase hourly pay for its workers, and began a new corporate campaign to emulate the historical success of the U.S. auto industry.

"Our union critics were right," said H. Lee Scott Jr., Wal-Mart's chief executive, "We have an obligation to behave like General Motors did in the 1960s. And we've come to believe that the discount retail industry is primed for a chain that pays high wages to create the perception of high value through high-priced products. In addition, our focus groups indicate that Wal-Mart customers yearn for the emotional payoff that comes from providing bigger paychecks to the folks in the blue vests."

As part of the reengineering of the company, Wal-Mart will change its slogan from 'Always Low Prices' to 'Always Union Wages'. Prices will be marked up throughout the store, and many products will receive stickers indicating their higher perceived value with words like 'deluxe,' 'grand' and 'limited edition'.

In the short-term, analysts said that investors can expect to see their $48/share Wal-Mart stock (WMT) "level out" around $3 and then begin its upward climb as the store reestablishes its brand identity as the place where Americans shop to provide higher-wage jobs for less fortunate Americans.

"The unions have helped us to understand that we've been looking at the retailing business backward for 50 years," the CEO said. "We mistakenly thought it was all about providing a good selection at the lowest prices so people would shop with us. But what customers really want is the good feeling they get by providing a higher living standard for cashiers, shelf stockers and people greeters. Clearly, our primary responsibility is to pay higher wages so that our workers can afford our subsequently higher prices, or at least be able to buy from other retailers that pay their employees less."

Mr. Scott painted a visionary picture of the new progressive Wal-Mart.

"When our typical shopper pushes her cart full of 'Deluxe Tide' and 'Limited Edition Pampers' out the door, she'll smile when she sees our Wal-Mart Associates' parking area filled with late-model GM trucks and SUVs. Ain't that America?"

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Sounds good to me!


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Jackie Treehorn treats objects like women, man


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Offlinezappaisgod
horrid asshole

Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 6 months, 7 days
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: SoopaX]
    #4139156 - 05/05/05 08:41 PM (11 years, 7 months ago)

Now, now, Soopax, you should share your wonderful source for this delightful entry.


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InvisibleSoopaX
Criminal DrugAnalyst

Registered: 11/13/04
Posts: 1,690
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: zappaisgod]
    #4139167 - 05/05/05 08:44 PM (11 years, 7 months ago)

haha, guess :smile:


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Jackie Treehorn treats objects like women, man


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Offlinezappaisgod
horrid asshole

Registered: 02/11/04
Posts: 81,741
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Last seen: 6 months, 7 days
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: SoopaX]
    #4139212 - 05/05/05 08:56 PM (11 years, 7 months ago)

Onion?


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OfflinePhred
Fred's son
Male

Registered: 10/19/00
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Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: zappaisgod]
    #4139223 - 05/05/05 08:58 PM (11 years, 7 months ago)

Scrappleface.


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InvisibleSoopaX
Criminal DrugAnalyst

Registered: 11/13/04
Posts: 1,690
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: Phred]
    #4139228 - 05/05/05 08:58 PM (11 years, 7 months ago)

U G0T SCRAPPLED111!!!


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Jackie Treehorn treats objects like women, man


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InvisibletrendalM
point of inflection
Male User Gallery

Folding@home Statistics
Registered: 04/17/01
Posts: 19,380
Loc: Ontario, Canada
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: SoopaX]
    #4139233 - 05/05/05 08:59 PM (11 years, 7 months ago)

:lol:

I'd probably piss myself laughing if I walked into a store and saw the slogan "Always Union Wages".


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You're here because you know something.
What you know you can't explain,
But you feel it;
You've felt it your entire life.
That there's something wrong with the world.
You don't know what it is, but it's there....
Like a splinter in your mind...
Driving you mad.


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InvisibleSoopaX
Criminal DrugAnalyst

Registered: 11/13/04
Posts: 1,690
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: trendal]
    #4139238 - 05/05/05 09:01 PM (11 years, 7 months ago)

"Enjoy purchasing your 40$ pair of socks, knowing that the illiterate immigrant who is ignoring you and not being helpful is driving a brand new Cherokee Limited"


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Jackie Treehorn treats objects like women, man


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Invisiblecarbonhoots
old hand

Registered: 09/11/01
Posts: 1,351
Loc: BC Canada
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: SoopaX]
    #4139616 - 05/05/05 10:42 PM (11 years, 7 months ago)

How much money does WAL-MART make in profits?

Whenever someone points out that this pig of a company should pay more than starvation wages, the response is always, "they'll have to raise prices"

Right here in this thread Snoopax says something about 40$
socks...



What a bunch of bullshit.

Why doesn't anyone suggest the obvious...that WAL-MART could pay fair wages, and not raise prices, if they would just cut their huge profits back to a reasonable level?

These guys make billions!

It's uncivilized behaviour.


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  -I'd rather have a frontal lobotomy than a bottle in front of me

CANADIAN CENTER FOR POLICY ALTERNATIVES


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Offlinelonestar2004
Live to party,work to affordit.
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Registered: 10/03/04
Posts: 8,978
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Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: carbonhoots]
    #4139642 - 05/05/05 10:49 PM (11 years, 7 months ago)

Better to buy from Chinese prison labor than from union labor. At least prisoners want to be free.


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America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama


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InvisibleSoopaX
Criminal DrugAnalyst

Registered: 11/13/04
Posts: 1,690
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: carbonhoots]
    #4139677 - 05/05/05 10:58 PM (11 years, 7 months ago)

If you are suggesting that WalMart stop making money, why? Why not arbitrarily decide that the laborors stop making money? Why do you automatically focus on the company?


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Jackie Treehorn treats objects like women, man


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InvisibleDieCommie
El Guapo
Registered: 12/11/03
Posts: 27,904
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: SoopaX]
    #4139767 - 05/05/05 11:23 PM (11 years, 7 months ago)

"Company Bad - Worker Good" - you should know that, didnt you go to college?


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OfflinePhred
Fred's son
Male

Registered: 10/19/00
Posts: 12,949
Loc: Dominican Republic
Last seen: 1 year, 10 months
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: carbonhoots]
    #4139817 - 05/05/05 11:35 PM (11 years, 7 months ago)

Wal-Mart typically runs a profit margin of less than 3.5%. That's a matter of public record. Their margin last year was 2.8% -- also a matter of public record.





Phred


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InvisibleSoopaX
Criminal DrugAnalyst

Registered: 11/13/04
Posts: 1,690
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: DieCommie]
    #4139819 - 05/05/05 11:36 PM (11 years, 7 months ago)

Doh! How did I forget that!


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Jackie Treehorn treats objects like women, man


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InvisibleAutonomous
MysteriousStranger

Registered: 05/10/02
Posts: 901
Loc: U.S.S.A.
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: carbonhoots]
    #4139862 - 05/05/05 11:51 PM (11 years, 7 months ago)

The retail discount industry is well known to run on thin margins. If you can run a company better than the way Walmart is run, offer the masses better quality products at the same or lower prices or equivalent quality products at lower prices all the while giving similar or better service and paying your employees more... I suggest that you do it. I will become one of your customers and so will millions of others.


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"In religion and politics people's beliefs and convictions are in almost every case gotten at second-hand, and without examination."
-- Mark Twain


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InvisibleGabbaDj
BTH
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Registered: 04/08/01
Posts: 19,449
Loc: By The Lake
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: SoopaX]
    #4139991 - 05/06/05 12:28 AM (11 years, 7 months ago)

Hahahahahaha.a... Ooooohhhhh Shit..... Bwahahahahahaha...



As a former UFCW union worker (UFCW is the union pushing walmart), former picker line crosser and scab and non union "financial core" employee.

I say that this is the best post Ive seen on the internet ever...


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GabbaDj

FAMM.ORG          C8.com                    http://www.beatsopjefiets.com/   


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OfflineBaby_Hitler
Errorist
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Folding@home Statistics
Registered: 03/06/02
Posts: 22,840
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Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: SoopaX]
    #4575614 - 08/24/05 06:53 PM (11 years, 3 months ago)

Fuck Wal-Mart, shop CostCo.

Low prices, high wages.

http://www.shroomery.org/forums/showflat.php/Number/4424622

Did I mention fuck Wal-Mart?


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InvisibleLeftyBurnz
Mr. I Eat Butthole
Male User Gallery

Registered: 06/21/05
Posts: 24,543
Loc: The Wang
Re: Wal-Mart Bows to Unions, Copies GM Success Formula [Re: Baby_Hitler]
    #4576828 - 08/24/05 11:51 PM (11 years, 3 months ago)

i completely agree, fuck those bastards, i might pay a little more for my products, but the local companies do better.


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The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in Government." 
~Thomas Jefferson

A free people ought not only to be armed and disciplined but they should have sufficient arms and ammunition to maintain a status of independence from any who might attempt to abuse them, which would include their own government.
~George Washington


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