NYT: Wal-Mart Forecasts Big Season

[DeepModem Mom]

Wal-Mart Forecasts Big Season
By MICHAEL BARBARO
Published: November 15, 2005


Wal-Mart Stores sent an early Christmas card to Wall Street yesterday. The message was to stop worrying about the holidays.

The discount giant, which reported its smallest quarterly profit increase in four years, predicted that an aggressive marketing campaign would result in strong holiday sales, even as consumers are being saddled with big home heating bills.

Wal-Mart said third-quarter earnings rose 3.8 percent, damped by the higher cost of fueling its large truck fleet and the temporary closing of stores after Hurricanes Wilma and Rita.

But H. Lee Scott Jr., Wal-Mart's chief executive, said "even with the lingering impact of the hurricanes and the impact of higher energy prices, I believe we will have a good holiday season."

The upbeat forecast by the nation's largest retailer, which coincided with better-than-expected profits in the third quarter at the Lowe's home improvement chain, buoyed retail analysts, who had feared that poor back-to-school sales in the fall would be followed by stingy holiday buying....


http://www.nytimes.com/2005/11/15/business/15walmart.html

[Mr_Spock]

1. They won't be seeing a single penny from me...

I boycott WalMart.

[HereSince1628]

3. Nor me. In fact, I am boycotting ALL the big boxes.

FU corporate MF'ers

[merwin]

2. You're supposed to believe them because of a christmas card?

LOL. This is just a pathetic attempt to keep their stock from dropping.

[brainshrub]

4. Watch the new Wal-Mart documentary!

Watch the new Wal-Mart documentary. I saw it last night at the local independent theater. (It was a full-house)

When a black woman was refused a promotion, her General Manager said "We don't promote your kind of people"

She asked: "Is it because I'm a woman or black?"

The manager answered: "Two out of two ain't bad."

The entire audience watching the movie gasped in horror! (I am so proud to live in Asheville.)

Fuck Wal-Mart and their racist, union-busting, exploiting, outsourcing, polluting asses!

Fuck them, fuck them, FUCK THEM!!!

[Skink]

5. Relax the recessions not till 06.

I still wanna do the shopping cart thing.

[Tarheel_Dem]

7. you're kidding right?

i hate walmart as much as the next guy, but mindless vandalism just isn't our way. with decent paying manufacturing jobs leaving this area in droves, i don't think we should do anything to make the employees lives any more miserable than they already are......

just my two cents.

[rocktivity]

6. What does the New York Times care?

Their readers aren't Wal-Mart shoppers--or are they THAT hard up with ad revenues? After this mess with Judith Miller, maybe so!

:headbang:
rocknation

[niyad]

8. my money is all going to local businesses--not one big box of any kind!

[Media_Lies_Daily]

9. What? They've found a cheaper source of goods than China?

[pinniped]

10. All they have to do is maintain low prices on ammo and all...

the China bashing repukes will continue to shop there.

[Cha]

11. BAH! HUMBUG!

I hope people make their presents and pay their heating bills and save their money for a rainy day instead of spending it at that Junk store that gives their money to the bush agenda.

[kineneb]

12. no intention of shopping there

I am making hand-spun wool things for the holidays, and perhaps some cookies or cakes. I may revive the killer fruitcake of doom. Don't like hand-knit wool socks? Too bad, cope.

[PATRICK]

13. A google challenge

Find a year when they haven't been upbeat and boosterish about Xmas. When the great sales season suddenly turned out better than expected and touted when the final accounting came in February.

[slay]

14. I've been Boycotting Walmart for a few years now

and plan to do as much of my shopping as possible in locally run businesses. Hopefully others will decide to do the same. :)

[darkism]

15. Because the economy is so piss-poor, people can't afford anything else n/t

[csorman]

16. It has been 6 years

Since I've bought anything from wal-mart. I've accompanied people who've INSISTED they need to get something from the assholes but I will not give in.

Cheap means cheap. The goods, the labor, the paychecks. Everything. You don't get something for nothing in this world - there's always a price. And because theirs are lower, it means others are getting screwed, in classic domino-effect fashion.

I wish I had a Costco nearby!

[high density]

17. Exxon Mobil Forecasts Endless Oil Supply

Come on, the NY TImes needs to stop publishing propaganda shit like this.

[chat_noir]

18. Have big heating bills hit yet?

But H. Lee Scott Jr., Wal-Mart's chief executive, said "even with the lingering impact of the hurricanes and the impact of higher energy prices, I believe we will have a good holiday season."


Here in my part of the Midwest it is now 25 degrees, with an expected high of 40.

[Coventina]

19. Even before I knew of the esoteric "evils" of Walmart I refused to shop

there.

Because I did go a few times, back when I was blissfully ignorant of their evil ways.

The couple times I went were the worst shopping experiences of my life.

Disgusting, dirty stores that look like a tornado went through. Everything worth more than $10 was kept locked in cases, and clerks to help nowhere to be found. Trashy people involved in domestic disputes fighting in every aisle. The few items I bought there were of an amazingly low quality. Made Target stuff seem like high-end.

So, I had already "boycotted" Walmart by the time I found out about all their other evils. When I learned my reaction was pretty much, "It figures."