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Wal-Mart's continuing problems
From Bloomberg
Wal-Mart Stores Inc (WMT), already struggling to woo shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. chief told executives, according to minutes of an officers’ meeting obtained by Bloomberg News. Enlarge image Wal-Mart Struggles to Restock Store Shelves as U.S. Sales Slump “We have to get better and remain laser-focused every day because momentum can turn against you in a second,” Bill Simon, executive vice president and chief executive officer for the U.S. for Wal-Mart Stores Inc., said according to the Feb. 1 meeting minutes. A customer pushes a shopping cart toward his vehicle outside a Wal-Mart store in East Peoria, Illinois. Wal-Mart’s inability to keep its shelves stocked coincides with slowing sales growth. Photographer: Daniel Acker/Bloomberg “We run out quickly and the new stuff doesn’t come in,” U.S. Chief Executive Officer Bill Simon said, according to the minutes of the Feb. 1 meeting. Simon said “self-inflicted wounds” were Wal-Mart’s “biggest risk” and that an executive vice president had been appointed to fix the restocking problem, according to the minutes. Once a paragon of logistics, the world’s largest retailer has been trying to improve its restocking efforts since at least 2011, hiring consultants to walk the aisles and track whether hundreds of items are available. It even reassigned store greeters to replenish merchandise. The restocking challenge emerged as Wal-Mart was returning more merchandise to shelves after a previous effort to de-clutter its stores. - - - Awwwwwww. |
Wal-Mart's continuing problems
"F.O.A.D." wrote in message m... From Bloomberg Wal-Mart Stores Inc (WMT), already struggling to woo shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. chief told executives, according to minutes of an officers’ meeting obtained by Bloomberg News. Enlarge image Wal-Mart Struggles to Restock Store Shelves as U.S. Sales Slump “We have to get better and remain laser-focused every day because momentum can turn against you in a second,” Bill Simon, executive vice president and chief executive officer for the U.S. for Wal-Mart Stores Inc., said according to the Feb. 1 meeting minutes. A customer pushes a shopping cart toward his vehicle outside a Wal-Mart store in East Peoria, Illinois. Wal-Mart’s inability to keep its shelves stocked coincides with slowing sales growth. Photographer: Daniel Acker/Bloomberg “We run out quickly and the new stuff doesn’t come in,” U.S. Chief Executive Officer Bill Simon said, according to the minutes of the Feb. 1 meeting. Simon said “self-inflicted wounds” were Wal-Mart’s “biggest risk” and that an executive vice president had been appointed to fix the restocking problem, according to the minutes. Once a paragon of logistics, the world’s largest retailer has been trying to improve its restocking efforts since at least 2011, hiring consultants to walk the aisles and track whether hundreds of items are available. It even reassigned store greeters to replenish merchandise. The restocking challenge emerged as Wal-Mart was returning more merchandise to shelves after a previous effort to de-clutter its stores. - - - Awwwwwww. ---------------------------------------------------- Didn't Wal-Mart recently announce that they would begin stocking more US made inventory rather than imported junk from China? |
Wal-Mart's continuing problems
On 2/28/2013 5:49 PM, F.O.A.D. wrote:
From Bloomberg Wal-Mart Stores Inc (WMT), already struggling to woo shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. chief told executives, according to minutes of an officers’ meeting obtained by Bloomberg News. Enlarge image Wal-Mart Struggles to Restock Store Shelves as U.S. Sales Slump “We have to get better and remain laser-focused every day because momentum can turn against you in a second,” Bill Simon, executive vice president and chief executive officer for the U.S. for Wal-Mart Stores Inc., said according to the Feb. 1 meeting minutes. A customer pushes a shopping cart toward his vehicle outside a Wal-Mart store in East Peoria, Illinois. Wal-Mart’s inability to keep its shelves stocked coincides with slowing sales growth. Photographer: Daniel Acker/Bloomberg “We run out quickly and the new stuff doesn’t come in,” U.S. Chief Executive Officer Bill Simon said, according to the minutes of the Feb. 1 meeting. Simon said “self-inflicted wounds” were Wal-Mart’s “biggest risk” and that an executive vice president had been appointed to fix the restocking problem, according to the minutes. Once a paragon of logistics, the world’s largest retailer has been trying to improve its restocking efforts since at least 2011, hiring consultants to walk the aisles and track whether hundreds of items are available. It even reassigned store greeters to replenish merchandise. The restocking challenge emerged as Wal-Mart was returning more merchandise to shelves after a previous effort to de-clutter its stores. - - - Awwwwwww. I have some WM stock and I'm not selling. |
Wal-Mart's continuing problems
On Feb 28, 5:49*pm, "F.O.A.D." wrote:
*From Bloomberg Wal-Mart Stores Inc (WMT), already struggling to woo shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. chief told executives, according to minutes of an officers’ meeting obtained by Bloomberg News. Enlarge image Wal-Mart Struggles to Restock Store Shelves as U.S. Sales Slump “We have to get better and remain laser-focused every day because momentum can turn against you in a second,” Bill Simon, executive vice president and chief executive officer for the U.S. for Wal-Mart Stores Inc., said according to the Feb. 1 meeting minutes. A customer pushes a shopping cart toward his vehicle outside a Wal-Mart store in East Peoria, Illinois. Wal-Mart’s inability to keep its shelves stocked coincides with slowing sales growth. Photographer: Daniel Acker/Bloomberg “We run out quickly and the new stuff doesn’t come in,” U.S. Chief Executive Officer Bill Simon said, according to the minutes of the Feb. 1 meeting. Simon said “self-inflicted wounds” were Wal-Mart’s “biggest risk” and that an executive vice president had been appointed to fix the restocking problem, according to the minutes. Once a paragon of logistics, the world’s largest retailer has been trying to improve its restocking efforts since at least 2011, hiring consultants to walk the aisles and track whether hundreds of items are available. It even reassigned store greeters to replenish merchandise. The restocking challenge emerged as Wal-Mart was returning more merchandise to shelves after a previous effort to de-clutter its stores. - - - Awwwwwww. Who gives a ****, " Mr Clip And Paste" ??? |
Wal-Mart's continuing problems
On Thu, 28 Feb 2013 17:58:39 -0500, "Eisboch" wrote:
"F.O.A.D." wrote in message om... From Bloomberg Wal-Mart Stores Inc (WMT), already struggling to woo shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. chief told executives, according to minutes of an officers’ meeting obtained by Bloomberg News. Enlarge image Wal-Mart Struggles to Restock Store Shelves as U.S. Sales Slump “We have to get better and remain laser-focused every day because momentum can turn against you in a second,” Bill Simon, executive vice president and chief executive officer for the U.S. for Wal-Mart Stores Inc., said according to the Feb. 1 meeting minutes. A customer pushes a shopping cart toward his vehicle outside a Wal-Mart store in East Peoria, Illinois. Wal-Mart’s inability to keep its shelves stocked coincides with slowing sales growth. Photographer: Daniel Acker/Bloomberg “We run out quickly and the new stuff doesn’t come in,” U.S. Chief Executive Officer Bill Simon said, according to the minutes of the Feb. 1 meeting. Simon said “self-inflicted wounds” were Wal-Mart’s “biggest risk” and that an executive vice president had been appointed to fix the restocking problem, according to the minutes. Once a paragon of logistics, the world’s largest retailer has been trying to improve its restocking efforts since at least 2011, hiring consultants to walk the aisles and track whether hundreds of items are available. It even reassigned store greeters to replenish merchandise. The restocking challenge emerged as Wal-Mart was returning more merchandise to shelves after a previous effort to de-clutter its stores. - - - Awwwwwww. ---------------------------------------------------- Didn't Wal-Mart recently announce that they would begin stocking more US made inventory rather than imported junk from China? They're sure as hell not doing well in keeping the ammunition shelves stocked! -- Salmonbait All decisions are the result of binary thinking. |
Wal-Mart's continuing problems
On 2/28/13 8:58 PM, J Herring wrote:
On Thu, 28 Feb 2013 17:58:39 -0500, "Eisboch" wrote: "F.O.A.D." wrote in message m... From Bloomberg Wal-Mart Stores Inc (WMT), already struggling to woo shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. chief told executives, according to minutes of an officers’ meeting obtained by Bloomberg News. Enlarge image Wal-Mart Struggles to Restock Store Shelves as U.S. Sales Slump “We have to get better and remain laser-focused every day because momentum can turn against you in a second,” Bill Simon, executive vice president and chief executive officer for the U.S. for Wal-Mart Stores Inc., said according to the Feb. 1 meeting minutes. A customer pushes a shopping cart toward his vehicle outside a Wal-Mart store in East Peoria, Illinois. Wal-Mart’s inability to keep its shelves stocked coincides with slowing sales growth. Photographer: Daniel Acker/Bloomberg “We run out quickly and the new stuff doesn’t come in,” U.S. Chief Executive Officer Bill Simon said, according to the minutes of the Feb. 1 meeting. Simon said “self-inflicted wounds” were Wal-Mart’s “biggest risk” and that an executive vice president had been appointed to fix the restocking problem, according to the minutes. Once a paragon of logistics, the world’s largest retailer has been trying to improve its restocking efforts since at least 2011, hiring consultants to walk the aisles and track whether hundreds of items are available. It even reassigned store greeters to replenish merchandise. The restocking challenge emerged as Wal-Mart was returning more merchandise to shelves after a previous effort to de-clutter its stores. - - - Awwwwwww. ---------------------------------------------------- Didn't Wal-Mart recently announce that they would begin stocking more US made inventory rather than imported junk from China? They're sure as hell not doing well in keeping the ammunition shelves stocked! How many people are you planning on shooting? |
Wal-Mart's continuing problems
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Wal-Mart's continuing problems
On Mar 1, 6:32*am, J Herring wrote:
On Fri, 01 Mar 2013 00:28:27 -0500, wrote: On Thu, 28 Feb 2013 17:49:32 -0500, "F.O.A.D." wrote: From Bloomberg Wal-Mart Stores Inc (WMT), already struggling to woo shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. chief told executives, according to minutes of an officers’ meeting obtained by Bloomberg News. I suspect Walmart underestimated the recovery. They pride themselves in having "just in time" delivery of product by analysing sales at each store right down to the department and item, in real time. They probably did not stage enough at the distribution centers to fill those orders. Of course they may have just underestimated "shrinkage" since the inventory system is based on what goes through the registers. In the case of John's ammo, that is a national supply chain problem. I doubt anyone anticipated the demand but I agree with Harry. It is likely that as soon as the hoarders have all they think they need supplies will go to glut and bulk ammo will be cheap again. A am sure the ammo manufacturers are trying to hit that goldilocks spot too. Don't make enough and you lose sales. Tool up, make too much and you may be stuck with that decision for a while (too much product and too many people). Our local WalMart got some .45 in today, about 8 boxes - packed with two or three other calibers in a box. Not even a case of the stuff. But, other than that, they've not had *any* ammo come in for a week now. You're right, it's across the board, not just 'WalMart mismanagement' as some would hope. The big ammo houses on the net all say the same thing, 'out of stock'. Tim gave me a heads up on a place near him that got in some 9mm. He checked the price, $30 for a box of 50 - more than double what WalMart is charging, and almost double what the local firing range is charging. -- Salmonbait All decisions are the result of binary thinking. And by noon they had sold out of the 3000 rounds of 9mm, they had just received the afternoon before. And that is at double the going rate price. |
Wal-Mart's continuing problems
On Mar 1, 6:42*am, "F.O.A.D." wrote:
On 3/1/13 7:32 AM, J Herring wrote: On Fri, 01 Mar 2013 00:28:27 -0500, wrote: On Thu, 28 Feb 2013 17:49:32 -0500, "F.O.A.D." wrote: *From Bloomberg Wal-Mart Stores Inc (WMT), already struggling to woo shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. chief told executives, according to minutes of an officers’ meeting obtained by Bloomberg News. I suspect Walmart underestimated the recovery. They pride themselves in having "just in time" delivery of product by analysing sales at each store right down to the department and item, in real time. They probably did not stage enough at the distribution centers to fill those orders. Of course they may have just underestimated "shrinkage" since the inventory system is based on what goes through the registers. In the case of John's ammo, that is a national supply chain problem. I doubt anyone anticipated the demand but I agree with Harry. It is likely that as soon as the hoarders have all they think they need supplies will go to glut and bulk ammo will be cheap again. A am sure the ammo manufacturers are trying to hit that goldilocks spot too. Don't make enough and you lose sales. Tool up, make too much and you may be stuck with that decision for a while (too much product and too many people). Our local WalMart got some .45 in today, about 8 boxes - packed with two or three other calibers in a box. Not even a case of the stuff. But, other than that, they've not had *any* ammo come in for a week now. You're right, it's across the board, not just 'WalMart mismanagement' as some would hope. The big ammo houses on the net all say the same thing, 'out of stock'. Tim gave me a heads up on a place near him that got in some 9mm. He checked the price, $30 for a box of 50 - more than double what WalMart is charging, and almost double what the local firing range is charging. At 7:32 am on a Friday, Herring's already been to Wal-Mart to see the clerks there unpack the day's supply of ammo. Talk about obsessed. How else you gonna get it? There won't be any available by 9, if not before |
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