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Walmart and other chains
suffer sluggish quarterly sales

New York Daily News, by Robert Dominguez

Original Article

Posted By:Ribicon, 8/14/2014 10:21:53 PM

Attention, Walmart shoppers: The world’s largest retail chain misses you. Walmart on Thursday reported flat sales at its U.S. stores in the April to June period — the sixth straight quarter of declining or zero growth. The company, which targets lower-income shoppers by offering discounted prices, said its sluggish sales were the result of a sputtering economic recovery that has especially affected its core clientele. (Snip) A government report Wednesday found July retail sales, including autos, gas and restaurants, were the weakest since January. The slow-growth climate is being felt at major department store chains as well. Kohl’s, which also

Comments:
Lord Barry fundamentally transformed the economy to help the poor, and yet these liars have the nerve to say the economy´s as lousy as ever, especially for those on the lower end (though they do blame the winter weather). Walmart also cites rising healthcare costs, another lie because we now have Affordable Health Care; says it´s affordable right in the name.

      


Post Reply  

Reply 1 - Posted by: squid, 8/14/2014 11:04:01 PM     (No. 9966544)

But Hey don´t worry. The Fed will initially announce a nice rate of growth, to make the media happy, and then downgrade it 3 weeks later to its actual rate so that the R word will never need to be mentioned.

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Reply 2 - Posted by: stablemoney, 8/14/2014 11:18:27 PM     (No. 9966555)

Raise gas from $2 to $3.50, food prices 8% a year, double meat prices, then economics says people will buy less of it, especially when those shoppers have had no raises since Obama took office, and Obama´s money printing has lowered purchasing power by 15%.

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R-G1
  


 
Reply 3 - Posted by: ChipThome, 8/15/2014 4:15:41 AM     (No. 9966619)

Anyone who didn´t see the damage obamacare was going to do, long before it started, didn´t because they refused to look.

Those of us who tried to get people to pay attention, were mocked for being whackos. Telling those same people now "told ya so" is little consolation and does nothing to help those who can afford this fiasco the least.

Just wait until next year when the next wave of cancellations come rolling in and more rates head to the moon. As this article proves, there´s only so much money the people have to spend, and we are seeing how close to the end of that money, many people are.

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Reply 4 - Posted by: Trigger2, 8/15/2014 4:44:40 AM     (No. 9966624)

Barry & his sycophants raised benefits to the ´poor´ to the point where they get around $40K in benefits. So why should they shop in Wally World anymore.

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Reply 5 - Posted by: afherkdriver, 8/15/2014 5:01:24 AM     (No. 9966630)

We could burn down a few more Walmarts, that would help.

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Reply 6 - Posted by: HistoryBuff, 8/15/2014 11:10:30 AM     (No. 9967011)

Summer of Recovery! Just ask Slow Joe.

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Reply 7 - Posted by: horacer, 8/15/2014 11:23:28 AM     (No. 9967036)

Walmart is racist. Barry told us the economy grew at a 4% rate in the qtr. Walmart sales should be showing an uptick. That 4% is going to get chopped in half when the first update comes out.

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R-VAR_AD
  


 
Reply 8 - Posted by: MDConservative, 8/15/2014 11:37:25 PM     (No. 9967782)

The sand in the gears of our economy is taking its toll. Energy prices spike and all else folows - adding costs to production, transportation, and virtually every other step in the supply chain.

Cheap cuts of meat are over $4 a pound. Steaks ten bucks a pound and up. The "McDouble" is up 39% here. It´s all part of the "greening" of America - less CO2, less methane from cattle, less artery-clogging animal fat in the diet and fewer calories consumed to make us all thin, trim and healthier...and less prosperous.

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Posted By: Ribicon- 9/14/2014 7:05:16 PM     Post Reply
North Ridgeville, OH — Four males will be facing a judge on Monday for a vicious attack on an honor student last month. The recent arrests have the victim and his family breathing a sigh of relief. On Friday, officers from the North Ridgeville Police Department, along with the U.S. Marshal´s Northeast Ohio Violent Fugitive Taskforce, arrested three males in connection with the felonious assault and robbery of a 16-year-old boy on Aug. 9. (Snip) The investigation revealed that this was a random act of violence and the victim had no connection to any of the suspects involved. While walking

   

 

B-G1


 
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R_DBL_B
  


 
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Posted By: Ribicon- 9/10/2014 11:10:36 PM     Post Reply
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Posted By: Ribicon- 9/10/2014 8:18:12 PM     Post Reply
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