Posted on 06/05/2010 4:55:17 PM PDT by Red in Blue PA
Walmart Stores Inc.'s chief executive officer told shareholders Friday that the company is positioning itself for 20 years of worldwide growth and that it plans to hire a half-million employees over the next five years.
The company also unveiled a new $15 billion stock buyback. But it was short on specifics on how it will turn around weak business at its U.S. Walmart stores as the rest of the retail industry, including its key competitor Target Corp., has started to heat up.
(Excerpt) Read more at mcall.com ...
Most of those jobs are not going to be in the United States. WalMart has reached saturation in over 30 states, WalMart has been pumping up pilot projects in China and developing nations for the last several years. This is where WalMart sees growth potential.
D@mn it too soon, I'm off to latch on to one of those f#cking pain in the A$$, worthless G#d D@mn door greeter position then!
I'm a shoe-in for it!
Seriously, at least there is a spark of hope out there. : )
People joke about WalMart customers, but the stores are well run, the staff knowledgeable and ... The Price Is Right!
I even applied for work at WalMart last year, to supplement my retirement income, so they might be hiring in my area.
Target is much cleaner and has a much better clientele, but as you said, for the price, nothing beats Walmart.
Maybe Wal-Mart is losing sales because they raised their prices too much overthe last 18 months and have just started cutting them back to previous levels in some areas.
Their food prices are nothing to write home about unless they are the only sizable store in town.
http://www.peopleofwalmart.com/
Target is much cleaner and has a much better clientele
That heating up business struck me wrong as well, causing me to yell BS as I was reading the article.
I’ll need some proof from a reliable source to change my mind on that.
That is entirely different from the actual HIRING of a half-million (or even one) employee.
And, as mentioned above, this could be anywhere ... china?
.
Wow! This is great news! I hope that this may be the start of recovering from our unemployment problem (which is the result of recession). Let’s keep our fingers crossed.
Welcome to Free Republic.
Hire 500,000 huh? Of course, 500,001 are going to quit during the same period. How many of the 500,000 will be illegals?
This is what I was going to say.
Better Walmart create jobs than the government. In fact, imagine if Walmart was put in charge of the government! They would cut so much waste that the national debt might actually come down!
Well, if this is true, then it won’t be long till ossama bin obama takes the company over. You see, we can’t have private enterprise succeeding.
So in January Sams lays off 10% of their employees, http://www.azcentral.com/news/articles/2010/01/24/20100124Walmart-layoffs-ON.html, and WalMart lays off 800 main office workers, http://www.4029tv.com/money/18682143/detail.html, and now they’re planning to hire employees who-knows-where and we’re supposed to be ecstatic? I don’t think so.
Wal-Mart could make a huge retail splash by expanding on their medical clinic idea. The best bet would be to have a “medical caravan” that would do a very detailed medical analysis of people lasting 1-2 hours.
Medically, “the works”. Before the caravan arrives at a given Wal-Mart, people interested in a comprehensive medical survey would get their paperwork and packets for a stool sample, DNA sample, and hair sample, which they would bring in on their scheduled day.
When they arrived they would present their paperwork that would be inputted while they were giving a urine sample, blood pressure, height, weight, eye color, blood samples, saliva sample, skin sample, fingerprints, footprints, retinal scan, getting a full body X-Ray and other scans, then they would do mobility tests, neurological tests, vision, hearing, odor tests (now being used to diagnose several diseases), get a full allergy panel, and likely a bunch of other tests.
The blood samples alone would also be comprehensive, checking levels of liver chemicals, hormones, metals, semi-metals and nonmetals and salts, vitamins, and looking for any number of other chemical tags, disease indicators, etc., etc. Then the DNA analysis would also expose all sorts of other information.
With such a survey like that, future medical analysis and diagnosis would be substantially easier and far less expensive.
By doing hundreds of people in a day, Wal-Mart would also become a powerful source for medical research, which is very profitable.
If they could cram all that in then give you a printout of everything that has advice on what to do for under $100 that would be spectacular.
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