Remember the years WMT was stuck in the 50's. Eight percent growth in revenues each year for ten years and stock buybacks of three percent. WMT's PE was falling from the forties to 14. Zero growth had been programed into computer modeling buy- sell programs. When WMT left the 50's that programing had been changed. That programing has been changed again. This time to a growth stock to track WMT's Neighborhood Market buildout and growth. Slowly WMT's PE will begin to grow. WMT's PE probably will not reach forty this time but twenty eight is likely. A PE of twenty eight and with normal WMT growth WMT's share price will reach two hundred and ten in twenty nineteen. Shep, You are correct, just ride - hang on, don't try to jump on and off.
At Publix 34,000 employees who have more than ten years of tenure. Publix employs over 140,000 people at its 1,080 retail locations- 25%.... considering Walmart employed just 1.2 million people worldwide ten years ago (now 2.3 million) 300,000 employed in 2004 still work at Walmart. That is 1 in 4 employees or 25% of 2004 workforce still working for Walmart.
at Publix - All staffers who have put in 1,000 work hours and a year of employment receive an additional 8.5% of their total pay in the form of Publix stock. (Though private, the board sets the stock price every quarter based on an independent valuation; it’s pegged at $26.90 now, up nearly 20% already this year.) How rich can employees get? According to Publix, a store manager who has worked at the company for 20 years and earns between $100,000 and $130,000 likely has $300,000 in stock and has received another $30,000 in dividends.
IMO when more money chases any finite commodity the price will rise. I see you expect down markets. Consider- for the week ending 12/24 NEW YORK, Dec 26 (Reuters) - Investors in U.S.-based funds
poured $36.5 billion into stock funds in the latest weekly
period, marking the biggest inflows on record as U.S. stocks
surged to record highs, data from Thomson Reuters Lipper service
showed on Friday.
The massive cash commitments for the week ended Dec. 24 were
the biggest since Lipper's records began in 1992. Investors
pledged entirely to funds that specialize in U.S. stocks, which
attracted $39 billion, while funds that invest in non-U.S.
shares posted $2.5 billion in outflows.
Amazon shocked shareholders when it reported a $437 million net loss for the quarter, its biggest in 14 years. Quarterly revenue hit $20.58 billion, but the company’s growth rate, once a bright spot for those leery of Amazon’s lackluster profits, is slowing. And prospects for the fourth quarter, which closed after this story went to press, were not much better: Over the past five years, Amazon’s fourth-quarter growth rate has steadily declined, from 42% in 2009 to 20% in 2013—and the company was projecting between 7% to 18% for 2014. "For years, the story has been that Amazon isn’t profitable because it is growing so fast," wrote hedge-fund manager David Einhorn, in a letter to his Greenlight Capital investors. "Now growth is slowing, but rather than unleashing higher profits, the slower growth is leading to even greater losses.
this from Aldi page - While a typical supermarket carries about 30,000 items, we sell only about 1,400 of the fastest-moving grocery items. ....Posters opinion follows..... Frozen food section has very poor quality. Why ? Unknown, but still a fact. Bread, something is missing. Meats, high priced and low choice and quality. Fresh vegetables generally of highest quality and lowest price. Dairy, not so good. Canned goods, best price and good quality. Overall mixed but on selected items Aldi is unmatched.
It is not about unions or buy made in USA- “Even though the company’s headquartered in Germany, they’ve opened up a New York store quicker than Wal-Mart has.” It is about Format. Walmart is going small 40,000 sq ft. But Aldi is quicker with much lower overhead at 11 to 16,000 sq. ft. So can Walmart out Aldi Aldi? Does Walmart have to, to suceed ? No and No. Walmarts 26 to 40,000 sq. ft. formats will get them locations they need to have. Walmart will out perform traditional grocers with these formats. Walmart need not be all things to all people-markets. Succeeding at such a effort would result in anti-trust breakup.
Aldi business model requires bare bones- cases on shelfs, pallets, 4 to 8 extremely able employees per shift, tiny sales area, tight parking, no bags, no baging, very limited items for sale, no choice. No Walmart can't out Aldi Aldi. Walmart should not try to. Learning a bit about fresh vegetables and store brand products with higher quality than name brands from Aldi. No reason for concern Walmart gets it and is on it.
This group has more optimism than union types. residents like Jones and Hughes have come together, with about 300 other people from northeast Greensboro. They’ve pooled their money, and are hoping to open a grocery store ...a crowd-funded, community-owned grocery store is an innovative solution ... the store will employ locals at living wages. Anyone interested can give $100 now to become an “owner-member.” That designation means they will be entitled to discounts at the grocery store, and will be able to vote to determine what will be done with the store’s profit.
the headline reads...but no way...at least not the 17 former zeller stores which were ufcw infected. Target Canada Could Be Unloaded in 2015 to Walmart
since the company spent $1.8 billion in the fall of 2011 to acquire the chain's leases from department store retailer Hudson's Bay(HBAYF) . The stores were formerly occupied by defunct Hudson's Bay holding company Zellers. ....From 2011 through the third quarter of 2014, Target Canada has lost about $2.1 billion ....
HOW is THAT possible ? Could it be--the dreaded disease? UFCW Canada recently celebrated a victory in the campaign for fairness at Target and for former Zellers workers who were laid off when Target replaced the Zellers stores. Another one bites the dust.
New tools such as being able to search anything in the world via a simple textual interface result in ever increasing rates of change and innovation that have and will continue to deliver prosperity. Cutting edge companies such as Walmart and GE are the vehicles of delivery for these changes. These companies will prosper and represent excellent longterm investments.
In September, the company told former workers it would not pay scheduled retirement plan payments The 10-store chain filed a $41 million bankruptcy petition in November. Dahl's Foods Inc. filed for bankruptcy after competition from other food stores became too much for the 83-year-old Des Moines institution
C&S Wholesale Grocers, has a reputation of buying up unionized companies, shifting the work of handling retail food products to non-union distribution centers and then getting rid of the union members altogether Associated Wholesalers Inc. (AWI), filed a Chapter 11 petition in federal bankruptcy court on September 9. Included in the court filing was an announcement that AWI and its main subsidiary White Rose Inc. didn’t want to reorganize its business under court protection, as is normal in most Chapter 11 cases, but rather wanted a quick sale to C&S. An auction was ordered, but only one other bidder came forward. The court approved the purchase by C&S on October 29.
The Jasper, Ind.-based grocery chain owes between $200 million and $400 million to 572 creditors known to date, according to records filed Wednesday in U.S. Bankruptcy Court in Evansville. Buehler Foods, Inc., owns and/or operates 28 full-variety fresh food stores called Buy Low, 16 new stores in the Louisville area under the banner Buehler's MARKET, and 22 Save-A-Lot stores
sept. Britain's Tesco Plc (TSCO.L) put its U.S. grocery store chain into bankruptcy on Monday as part of a plan to sell most of the 167 stores to a private equity firm led by billionaire Ron Burkle.
The prospects: RadioShack has been fighting with its lenders during the holidays, which is hampering its efforts to restructure the business and close some of its stores to raise cash
JCPenney Ullman laid out a strategy to improve productivity, expand e-commerce and spruce up some departments that are expected to boost sales to $14.5 billion by fiscal 2017. That’s still well below the $17.23 billion J.C. Penney generated before the sales plunge
the fact these chains aren’t waiting to see if the Christmas season lifts their fortunes before declaring bankruptcy is a sign there are likely more to come. Sears has had to borrow $400 million from its CEO, Eddie Lampert, just to stay in operation. It looks like Sears Holdings Corp. (NASDAQ:SHLD) may have entered the retail death spiral. A death spiral is a scenario in which a retailer is unable to generate enough revenue to cover its costs and has to borrow to survive. At some point, the retailer cannot borrow anymore and ends up in bankruptcy court.
The company’s third-quarter losses more than doubled, to about $36 million or 43 cents a share, Wet Seal (WTSL-1.39%) said on Wednesday. The company now has $19.1 million in cash and cash equivalents against $21.3 million in controvertible debt while its inventory declined by 26%, to $31.6 million, year-over-year