Walmart's 'Happy Days' are OVER

Today's youth probably wouldn't believe this....but remember the days when:

Walmart had the widest variety of everything—for truly the LOWEST PRICES ANY WHERE? Remember the banners that read exactly that? It was a winning formula that had put them on top to begin with: Service your customers with the cheapest costs. Now? Their arrogance is unbelievable: Whole shelves sitting empty, and outrageous sticker shock pricing. I know what their thinking is; they're betting customers will think 'Oh well, I'm already here. Might as well just go ahead and buy this anyway'. This has been slowly eroding away as we are quickly waking up, smelling the coffee—and buying it elsewhere.

Another benefit WM had above all their competition—plenty of Staff were everywhere, ready to help you with whatever you needed. Now? It's like a ghost town, walking through these places.

Even if you were from out of town and wondering where the closest WM was, all you had to do was follow the traffic stream, one side of town or another. Morning and evening, those stores had steady convoys coming and going. Now? The parking lots are looking like K Mart of 1998..

Back 10 - 15 years ago WM had other gorcery retailers like Kroger on the ropes. Now? I and many others here in central Il. are doing 90 + % of our shopping at Kroger.....and using Walmart mainly for social interaction. Kroger came back with a fury!

Walmart is not going out of business any time soon, but their Happy Days of living high on hog are most definitely OVER. .....................................And they did it to themselves.

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8 replies (most recent on top)

I started in 1989 when it was a great company. So much is changed still there, but soon to retire.

Walmart is still making money. I travel to many walmarts and all of them are doing just fine. But the amount of profit expected is increased due to corporate pressure.....

@ 2au, your Kool Aid fueled diatribe proves nothing but how meaningless and biased 'research' can be. You couldn't be more obviously a company man if you showed us your your shareholder's annual meeting hotel key card. Your entire post has no more validity than a Wikipeda search.

All you really said was that the people who've already been unfairly making all the money will continue to do so—and continue screwing the working people of Walmart, AND their customers.

Have a good day. Thank you for all you do.

Yet, Walmart still makes a profit every quarter. And every quarter beats Wall Street estimates. And increases its online sales by more than 30%. New world, new retail environment. Get used to it, everyone will be doing it in a few years.

It was a vastly different economy in the 80's, 90's and 00's.

@10IA5Y3W-acn - Remember the days of Project Impact? When everything suffered because the assortment was cut too deep and action ally had no displays? There is a happy medium to all these processes - WMT will never be a category k–ler but they can still provide a service to the community. Self Checkouts don't provide customer service - Robots that mop, sweep and scan the counters don't fill the outs. The 10 foot rule (When meeting a customer - Smile, Greet Them and ask "How may I help you") does not exist anymore.

If you don't have staff - you don't can't stock the merchandise, If you don't stock the merchandise - you don't have sales. If you don't have sales, you have to cut staff.

It is called a downward spiral - Online does not solve everything - it is just a cog in the business model.

Serve your customers and they will in-turn serve you with business (i.e. money). Look at Chick Fil-a or McDonald's - Customer service = Customer's purchasing = growth.

Remember when they had too much stuff that didn't sell and had to clearance everything? Remember the loss of profit and the increased costs?

Yep I remember everything you described. Sad now. And the workers just tryna hang onto what they worked so hard to get.

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Walmart's 'Happy Days' are OVER

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