Wal-Mart strikes out

Part of the reason wal-mart stock/and sales are declining is due to the fact that it is cancelling its layaway program. They think sales are slumping now, wait til next Christmas when their is no layaway!!!

I agree with Douglas.I hope some of the WMT higher ups read blogs like this. Is there any way to know if they do? Do they have "the big picture"?
Billy Martin Henderson, Tex.

Wal-Mart's sales are struggling because the company has lost it's way. The company's stock was around $65/share when Lee Scott became President and CEO in early 2000. Now it's been almost 7 years later and the stock is trading under $50. What gives? I'll bet no Wal-Mart manager could survive that long in his/her position if their performance was so poor. Let's face it, under Lee the only managers to get promoted are the politicians.

Scott should be flogged and then fired. But, that does not have anything to do with the employees showing up to work.

Doug McIntyre

It's because of all the public pressure and media articles about all the internal problems they've been having. i think as people hear about how poorly they treat their workers, they stop shopping there. maybe walmart should clean up it's act and the rest will follow.

When performance is good the employee is rewarded. When performance is bad action needs to be taken. Lee Scott has not done a good job at Wal-Mart. When he was head of the transportation division their was a lot of grumbling about the treatment of truckers. He should be relieved and Mr. Glass should return to run the company.

Lee Scott didn't like the Walmart drivers when Mr. Sam was runing the company.He said they made to much money and am sure that has proven today.Just ask one and they will tell you that Mr. Scott will make sure they have no profit sharing left as long as he runs the show.

Walmart does not treat it empoyee good. They do not have good ins. They do put pressure on them to finish stocking on 3rd shift . That why so many give up there last break to get it done. The one that try hard is the one who loses there job. They have change how you get your raises. If you do ever thing above everone else. It about imposible to get the 55cent raise. Now you lucky to get 40cent. And when it come to day off . the one who been with the company the longest on 3rd shift has a hard time to even get a weekend off. most time it the new one who get the fri and sat off.

Wal-mart has to many store. They are going to do away with comp. ads. So no comp and no laway they will be hurting.
They are to big for there own good