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See the lies about recovery GLP? ---> WALMART despirate to get rid of TOO MUCH INVENTORY from TERRIBLE HOLIDAYS SALES.

 
FloridaCaveDiver
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02/03/2011 04:04 PM
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See the lies about recovery GLP? ---> WALMART despirate to get rid of TOO MUCH INVENTORY from TERRIBLE HOLIDAYS SALES.
But but.... I thought we had the BEST HOLIDAY SALES in YEARS!!!!!!!??????

But isn't Wal Mart the LARGEST RETAILER in the United States?

Then how come they are talking about BAD SALES?!?!?!

Hummm perhaps MORE GOVT LIES IN THE NEWS?!?!?! Oh never...

READ..... oh the lies .. the lies....

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[link to www.nypost.com]


Wal-markdown

After bingeing on Christmas inventory, the world's biggest retailer has been forced to take drastic steps in recent weeks to clear stores and warehouses of excess goods, according to sources close to the company.

The culprit: disappointing December sales.

"It looks like they are in danger of heading into another negative 'comp' for the quarter," according to an executive at a major Wal-Mart supplier, referring to the retailer's fourth-quarter comparable-store sales, or sales at stores open at least a year -- a key measure of performance.

Store executives are now scrambling to dispose of unsold merchandise across a slew of product categories, including food, cosmetics, clothing and toys, according to sources.
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Anonymous Coward
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02/03/2011 06:03 PM
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Re: See the lies about recovery GLP? ---> WALMART despirate to get rid of TOO MUCH INVENTORY from TERRIBLE HOLIDAYS SALES.
just the beginning of reports!
Anonymous Coward
User ID: 1255016
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02/03/2011 06:09 PM
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Re: See the lies about recovery GLP? ---> WALMART despirate to get rid of TOO MUCH INVENTORY from TERRIBLE HOLIDAYS SALES.
But but.... I thought we had the BEST HOLIDAY SALES in YEARS!!!!!!!??????

But isn't Wal Mart the LARGEST RETAILER in the United States?

Then how come they are talking about BAD SALES?!?!?!

Hummm perhaps MORE GOVT LIES IN THE NEWS?!?!?! Oh never...

READ..... oh the lies .. the lies....

--------

[link to www.nypost.com]


Wal-markdown

After bingeing on Christmas inventory, the world's biggest retailer has been forced to take drastic steps in recent weeks to clear stores and warehouses of excess goods, according to sources close to the company.

The culprit: disappointing December sales.

"It looks like they are in danger of heading into another negative 'comp' for the quarter," according to an executive at a major Wal-Mart supplier, referring to the retailer's fourth-quarter comparable-store sales, or sales at stores open at least a year -- a key measure of performance.

Store executives are now scrambling to dispose of unsold merchandise across a slew of product categories, including food, cosmetics, clothing and toys, according to sources.
 Quoting: FloridaCaveDiver


I saw that too - but I think wal-fart quit reporting monthly sales over a year ago.

So yeah, Zaks and Macy's are doing just great but where all the lower income people shop?

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