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Wal-Mart investors waiting to hear strategy for growth(its trouble hurts China bad)
San Jose Mercury ^ | 05/29/07 | Marcus Kabel

Posted on 05/29/2007 8:32:50 PM PDT by TigerLikesRooster

Wal-Mart investors waiting to hear strategy for growth

SALES AT U.S. STORES HAVE BEEN TRAILING TARGET, OTHER RIVALS

By Marcus Kabel

Associated Press

Article Launched: 05/29/2007 01:36:22 AM PDT

Thousands of Wal-Mart investors and employees will pack a northwest Arkansas sports arena Friday for the giant retailer's annual shareholder meeting, a mix of music celebrity flash and serious business with a pinch of criticism from dissident shareholders.

Investors will be closely watching the presentations by Chief Executive Lee Scott and top executives for word on growth strategies after the company warned second-quarter profit may miss Wall Street expectations.

The global retailer typically packs the 18,000-seat Bud Walton Arena at the University of Arkansas-Fayetteville, about 30 miles south of Wal-Mart headquarters in Bentonville.

Activist shareholders ranging from religious orders and unions to a free-market think tank are offering 11 proposals. Such measures typically fail to win majority support.

(Excerpt) Read more at mercurynews.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: china; sales; slump; walmart
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As a result, ballooning inventory of Wal-Mart send shockwave to Chinese suppliers:

Wal-Mart sneezes, China catches cold

1 posted on 05/29/2007 8:32:55 PM PDT by TigerLikesRooster
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To: TigerLikesRooster; maui_hawaii; tallhappy; Dr. Marten; Jeff Head; Tainan; hedgetrimmer; ...

Ping!


2 posted on 05/29/2007 8:33:22 PM PDT by TigerLikesRooster (kim jong-il, kae jong-il, chia head, ppogri, midget sh*tbag)
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To: TigerLikesRooster; mom4kittys; LucyT

Wahaaaaaaaaaaaaaaaaaaaa it hurts China.
Call an ambulanceeeeeeeeeee.


3 posted on 05/29/2007 8:39:18 PM PDT by sweetiepiezer (Pray for W.)
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To: sweetiepiezer
Wahaaaaaaaaaaaaaaaaaaaa it hurts China. Call an ambulanceeeeeeeeeee.

All I wanna know is "Who gets the deer, me or the dog?"

4 posted on 05/29/2007 8:43:34 PM PDT by evad
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To: TigerLikesRooster

I was at Walmart a few weeks ago to pick up a few groceries.

I needed baking soda and cornstarch. I checked the ‘great value’ brand (Walmart brand) and nowhere did I see where the product was made. I didn’t buy it even though it was the lowest price.


5 posted on 05/29/2007 8:44:41 PM PDT by JRochelle (Just say no to the slick crazy bully.)
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To: JRochelle
Re #5

Probably from the Land of Mao.:-)

6 posted on 05/29/2007 8:46:20 PM PDT by TigerLikesRooster (kim jong-il, kae jong-il, chia head, ppogri, midget sh*tbag)
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To: JRochelle

Store brands, and generics typically don’t state who they are made by or where they are made. Normally the lowest bidder so...yeah could be Mao.


7 posted on 05/29/2007 8:53:32 PM PDT by miliantnutcase
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To: TigerLikesRooster
Image and video hosting by TinyPic Just Keep Crankin',,,Kan't Take The Hint...
8 posted on 05/29/2007 9:09:06 PM PDT by 1COUNTER-MORTER-68 (THROWING ANOTHER BULLET-RIDDLED TV IN THE PILE OUT BACK~~~~~)
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To: TigerLikesRooster

I last frequented Wally World when they PRIDED themselves on selling US goods. That was some time ago...


9 posted on 05/29/2007 9:26:15 PM PDT by Army Air Corps (Four fried chickens and a coke)
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To: Army Air Corps

“I last frequented Wally World when they PRIDED themselves on selling US goods”

Long time ago. Good homepage!


10 posted on 05/29/2007 10:04:42 PM PDT by stephenjohnbanker ( Hunter/Thompson/Thompson/Hunter in 08! "Read my lips....No new RINO's" !!)
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To: JRochelle

Does the brand name say Made In USA? If not, it’s likely Chinese too.


11 posted on 05/29/2007 10:10:28 PM PDT by HiTech RedNeck
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To: HiTech RedNeck

I looked over the whole box and saw nothing about where it was made.

I will not buy food from China.


12 posted on 05/29/2007 10:13:20 PM PDT by JRochelle (Just say no to the slick crazy bully.)
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To: stephenjohnbanker

Thanks. I haven’t done anything with it in quite a while.

I ceased supporting Wally World when they became PLA Mart. I am one of those folks who works hard to buy goods made in the PRC. It can be difficult, but I have been able to largely avoid buying ChiCom goods; however, there are times when it is practically unavoidable and that lack of choice makes this capitalist angry.


13 posted on 05/29/2007 10:15:16 PM PDT by Army Air Corps (Four fried chickens and a coke)
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To: Army Air Corps

I am one of those folks who works hard NOT to buy goods made in the PRC.

Sorry for the sodding mistake.


14 posted on 05/29/2007 10:21:12 PM PDT by Army Air Corps (Four fried chickens and a coke)
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To: evad
"Who gets the deer, me or the dog?"

That call is hilarious, but is widely considered a hoax. Excerpt from Snopes.com Urban Legends:

A 1999 article in 9-1-1 Magazine states that the most common version of the "bambulance" call (the one linked in the "Additional Information" section below) came from a 1991 phone call to the Cypress Creek EMS, an ambulance provider in the Houston area. The call was a joke, created and pulled off by Mickey Dawes, a representative of the company who provided the software for Cypress Creek's 911 system, "as a prank to loosen up a dispatcher nervous about using the unfamiliar, computer-aided dispatch system." Dawes had supposedly pulled this stunt more than once: The first time in 1980 when Dawes was a police officer in Newburgh, New York and he and a fellow officer "called it in to a dispatcher in neighboring Poughkeepsie," and again two years later "to liven up a moody Connecticut State Police dispatcher."

http://www.snopes.com/critters/farce/deaddeer.htm

15 posted on 05/29/2007 10:23:30 PM PDT by Dumpster Baby ("Hope somebody finds me before the rats do .....")
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To: TigerLikesRooster

My wife works at Store #1, here in Rogers, AR. The foreign associates are already making the rounds. First place they go is Sporting Goods. They are just FLOORED by the fact that you can buy guns here!


16 posted on 05/30/2007 3:26:31 AM PDT by mozarky2 (Ya never stand so tall as when ya stoop to stomp a statist!)
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To: TigerLikesRooster

My weekly shopping trips to Walmart is usually this:

Cheapest liquid laundry detergent.
Gatorade
Reddenbacher Popcorn
Mobil 1 oil.

I never buy any fresh food from them, occasionally I buy a can of mixed nuts but NOT the Walmart brand because its usually full of undersized peanuts. Their electronics are also suspect as 2nd rate or freight damaged, I know for a fact they often take returns and restock them.

Walmart is most definately on my NO Buy China list, if they want my business they need to offer more 100% all USA made (that means all of it)products.


17 posted on 05/30/2007 3:42:02 AM PDT by Eye of Unk
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To: JRochelle
According to the law, if it dosen’t show the country of origin it’s made in the USA. If isn’t made in the USA it must state the country of origin. I think.
18 posted on 05/30/2007 4:09:06 AM PDT by G-Man 1
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To: Dumpster Baby
heh...quite likely it's a hoax but the first time I heard it I almost died laughing.

Every once in a while when I need a good laugh, I dust it off for a replay.

19 posted on 05/30/2007 4:53:49 AM PDT by evad
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To: mozarky2
I used to shop my super Wal-Mart several times a week until they ELIMINATED the fabric department. Now they are lucky I go once a week. Wonder what dumb bunny CEO made the decision to eliminate the fabric departments in all Wal-Marts? I now must go to Hancocks in a dangerous neighborhood for fabric and pay more per yard for it. Read some of the comments from the online petition Bring back the fabric to Wal-Mart petition

There are 3 quilting guilds in the Memphis area that I know of and we buy a ton of fabric and do a lot of charity quilting including quilts for our injured Troops and Veterans.

20 posted on 05/30/2007 5:41:45 AM PDT by GailA (I'm a quilt-a-holic, and proud of it.)
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