Walmart's Announcement
Walmart announced yesterday that they expect very slow sales for 2025, That sent the stock market into a panic & we should all take that with Great Concern, If the country's #1 retailer is predicting that we could be looking at some very dire times, I mentioned this type of thing happening way before the elections took place & i was told on this board that i was over-reacting & some even mocked & ridiculed, (you know how this board can be), Well now i can say I told you so!
132 comments
lux.ra_14
·1 year agoMusk superfans aside, the polling is unfavorable:
https://www.reuters.com/world/us/americans-worry-musks-campaign-slash-government-could-hurt-services-reutersipsos-2025-02-20/
youn2240
·1 year agolmao dude needs to get a list of x amount of people support me against elon musk.... but then when elections happen you find out those polls were a lie. but you can never figure it out. absolutely hilarious. although at this point just listen to what the news tells you. reuters knows whats going on in America lol.
cardxcraft
·1 year agoThe left has no pulse on our counrty or globally for that matter; and are out of touch because they believe the woke agenda rather than logic. Which is why even legacy media are firing lib mouthpieces.
Germamy conservative party won federal elections this weekend. Javier Milei did what experts said he couldn't do. Nayib Bukele has made El Salvador safe again...
This global, grassroots conservative movement started approx. 8-13 years ago and it's culminating today, now and over the next 10 years.
grand-and-glorious-purpose
·1 year agoI don't sell anything that WalMart does so I have no reason to worry quite yet.
cardxcraft
·1 year agoIf you're up to no good, think again!!!! Love it!!!
cardxcraft
·1 year agoWe're one day closer to abolishing the IRS...get ready to be prosperous TDSers.
mam98031
·1 year agoI know this is a popular sentiment. Do you know what the plans are to replace the IRS? Something has to replace it or how would the government function? How would they get money to pay for all the stuff that is left after all the cuts? The money has to come from somewhere. If not from us, where is it going to come from?
cardxcraft
·1 year agoHave you not been keeping up? We're cutting the fat, the free ride is over. Go back to 1913 in relationship to IRS, I'm not going to learn for you...and, you'll answer your own questions.
youn2240
·1 year agoit's honestly pathetic at this point. well wuddya mean we won't have an IRS. hahahahahaha exactly that is what we are going for hahaha.
cardxcraft
·1 year ago...and yes, it's clear, as you no doubt have realized, the days of living off welfare are over.
mam98031
·1 year agoWHAT???? Just trying slipping that one in? FYI, the President nor Elon can force what STATES do in the area of supporting the people that live in their states.
Unless you are talking about Medicaid and Federal Food stamp program. If you are, and are proud that significant cuts will be sweepingly be made to both programs without consideration to the details, then there will be so many children hurt. If that is your desire and you are proud of that, then that is your point of view, you have a right to it.
Again, blanket statements are rarely true or accurate. This is just another one of those. Maybe with some research you will learn the differences, however by your own admission you have only one source of information / news.
kh-adrian
·1 year agoHi everyone,
This thread has been closed. Please feel free to start a new thread to discuss selling. Political comments should be taken to another community, not eBay.
Thank you for understanding.
lux.ra_14
·1 year agoI have to wonder if Musk's e-mail stunt, following his chainsaw stunt, is the beginning of the end for him in government. Every rational worker in America had to be repulsed by that abusive, demeaning e-mail.
Yes, I realize Musk has some superfans here, but he's just not popular in the country by any objective measure. The richest man in the world pushing around the proles? Unlikely to endear him to a restive nation, no matter how much Trump cheers him on.
youn2240
·1 year agowhy would you think you are speaking for the winning half of the country even though you are on the losing half? is this something maddow told you or was it colbert? lol. I'd wager the majority of people love the thought of the government having accountability on where the money has gone and is going to go. it's definitely a one sided issues that the left has and the right is not with you on this no matter how much you want to think they are.
mam98031
·1 year agoThank you for saying this. It is a perfect example of why there is a divide with the people of the USA right now. ASSUMPTIONS.
Some assume that the opposite side they are on only get their information from a single source or certain sources. YOU have no way of knowing that, but are saying it to upset others.
We should ALL be getting our information from MULTIPLE sources so that we can be sure to be getting a more accurate view of what is happening in our world.
You are correct, the majority of people want Government accountability and the blot to be handled. IDK why one side keeps talking as if this isn't what the majority of Americans want, but clearly they do. The act of cleaning up the Government overspending is NOT the issue and NEVER has been the issue for a great number of Americans, but HOW the current Government is going about it. That is what the problem is and what a large number of Americans don't agree with.
That is TWO separate issues, but some one to lump it into one and make it seem something it is NOT.
It is NOT a "one sided issue[s]". The vast majority of Americans want the responsible downsize of the Government. This is NOT what is currently happening. Seems to me that because a large number of Americans don't agree with how this is currently being handled [to include some law makers] we somehow don't want the waste to be cut. The TWO are simply not the same thing. Sad that so many don't see that.
youn2240
·1 year agono it's a one sided issue. see you say you want the oversight but now that is happening you are like no not like that. so what you need to do is pander the politicians to follow through with what they told you because as you can clearly see the people the majority of the country voted for are doing way more than anyone you have ever voted for and faster. so fast you didn't even know it could be possible to get these many results so easily. like your side is obvioulsy not informed well. the left couldn't even realize jbs brain was melting until the news decided it was too. it took years for you guys to notice that. and that little fact about the left is a major contributing factor to why people were like nawwwww lets not do anything these insane people want. it was that bad and makes any analysis of politics the left comes up with highly suspect. that's why we get Trump back because dems did that bad. there is nothing to show how they have improved since then either. sounds like more right wingism on the way!
cardxcraft
·1 year agoQuite the opposite; Elon Musk with the chainsaw was a play on Javier Mileu, which by your comments, you didn't understand this.
We're not fans, we're patriots. Dude/Dudette: it's hard to believe nothing brings you joy. Must be rough. Joy Reid was fired, lol. Dems are cooked.
While your laying on your couch all day, Elon Musk is saving astronauts that woke Boeing and NASA standed in low Earth orbit on ISS, building space vehicles and equipment that can endure the trip to Mars and be reliable, he's saving the country, directing Big Ba**$, leading the way in eV innovation, and the richest man in the world.
youn2240
·1 year agoanother very funny thing is that 8 years ago we were going to nuke the planet/ get nuked because of president but now that rhetoric has slid all the way down to wal-mart is still making billions but not as many.
youn2240
·1 year agoThis is a funny thread because there is a meme called soyjack. Something about this thread reminds me of it. the funny part is that the meme is so true even though it's an old one. just try googleing soyjack and then you can also see why this is such a funny thread to over half the country.
cardxcraft
·1 year agoFunny, 100% agree. There's another meme that fits with this thread as well.
cardxcraft
·1 year agoHere's a Soyjane spotted in the wilds of Pacific Northwest, post election day 2016.
fashunu4eeuh
·1 year agoIf other top ten retailers made similar announcements, that would be more of a trend to bank on.
my-cottage-books-and-antiques
·1 year ago@fashunu4eeuh I don't know that there's much a of a "trend" here. The OP has overstated the WM situation (as others have pointed out), and I'd say the only trend is : companies realize there is a lot of uncertainty in the economy right now, in particular, companies that rely heavily on imports find it hard to make forecasts with so little definite about the tariffs that have been proposed, and consumer confidence levels might or might not translate into spending pullbacks.
Most companies realize they are usually better off lowering expectations (and then, possibly doing better than expected) rather than setting high expectations and falling short.
To me, there's nothing to this other than : This is an uncertain period of time. Until we know just what is going to happen with trade (not to mention other global matters) it's best to prepare for varied contingencies and hope for the best.
fashunu4eeuh
·1 year ago“ I don't know that there's much a of a "trend" hereâ€
My point exactly. @my-cottage-books-and-antiques Outside of this, have not seen any credible overall predictions of poor retail sales ahead for 2025. In fact i’d say there is confidence in better days ahead, not dire.
my-cottage-books-and-antiques
·1 year ago@fashunu4eeuh I'm mostly seeing caution right now, with some hiring and expansion plans being put on the back burner while things sort themselves out. Most successful businesses find ways to adapt to changing circumstances, it's just that it is hard to plan when things are so up in the air.
chapeau-noir
·1 year agoI'm seeing lessening confidence and greater caution, and any confidence in 'better days' is slowly draining away. The honeymoon appears to have ended in a big tantrum. I do NOT, however, see predictions for a dire forecast, just an uncertain one - well, uncertainty is kind of the name of the game in retail, particularly in an over-expanded landscape with changing retail habits. And there are as many opinions about the economy as there are people who have backsides.
@my-cottage-books-and-antiques - Walmart is indeed aiming for a higher income bracket buyer. But one funny thing they did (well, I thought it was funny as he11), is come out with the "Wirken", a knock-off of the Hermes Birkin bag, and reading the comments from the Hermes rep they're making a not-very-convincing show of pretending that "it's fine" and "how cute".
my-cottage-books-and-antiques
·1 year ago@chapeau-noir The Wirkin was just a happy accident...a third party seller I think was selling the bag, and buyers dubbed it the Wirkin.
Over the last few years, while there was a lot of complaining about inflation, the American consumer continued to spend...but what economists discovered is what kept retail going was largely the upper end consumer...people with a lot of discretionary income kept spending, and there are enough of those folks to make up for the many people who aren't in that cohort.
This is one reason companies like ebay and WalMart...often thought of as "bargain" locales...have been so focused on the upper end. One concern I have is: as more and more retail companies focus on appealing to the well to do, do we end up with a retail atmosphere that resembles the housing market? Contractors chasing after the McMansion crowd, and fewer people building "average' housing stock?
The uncertainty isn't just caused by the tariff situation, there are a lot of things making for an uncertain business climate, including rapid technological change.
We are indeed living in interesting times.
chariot_badges
·1 year agoLike Walgreens, Kohls, Advanced Auto Parts, JoAnn Fabrics, Macy's, Big Lots, CVS, Family Dollar, 7-11, Rite Aid, 99 Cent Store. Office Depot, Bath & Body Works.
Probably the most telling and concerning is American Freight.
That's a lot of stores (jobs), and in addition, the federal gov't is laying off people who don't want to work or don't have enough to do ... that is expected to be about 400,000 jobs.
An increase of job loss will result in a decrease in interest rates, and this will be good for inflation.
I invite DOGE to California. There is billion$ here to pick up in savings. Where'd all that "high-speed rail" money go? $27 Billion. TWENTY-SEVEN BILLION dollars and not one yard of railway laid. Where's the money?
Short term?
We're going off road. Buckle up.
I see a trend.
You don't?
toomuchstuffagain35
·1 year agoI believe Jo-Ann's is closing their stores. They're certainly having 'liquidation sales' (such as they are).
mam98031
·1 year ago"...the federal gov't is laying off people who don't want to work or don't have enough to do ... that is expected to be about 400,000 jobs."
I'm not sure that is the criteria they are using to lay people off. If that were true, they would not have made the mistakes they did regarding our Nuclear weapons and the staff that keeps them safe. The people they fired at the CDC, many of them they are trying to bring back because they are essential employees. The National Park service, Dept of Energy, HHS, Dept of Agriculture, Dept of Veterans and more are working to bring BACK many of the employees that DOGE fired for no cause as they are critical employees for these Departments.
The assumption that people that work from home are not working or have no value is beyond ridiculous. With the proper guidelines and rails need to be in place to avoid misuse, having employees that work from home can SAVE a huge chunk of money otherwise spent on office space, furniture, electricity, etc. Blanket statements are rarely ever correct. Many states and Corporations across our great nation employ work from home people quite successfully.
meme6253
OP1 year agoSounds like Trumps fence, where did that go?, It barely got off the ground.
chariot_badges
·1 year agoIt did? Really?
Where are you looking ... the Canadian border?
Yesterday there were 43 'got-aways' on our southern border.
A year ago, same day, there were over 3,000.
The 'wall' has been there all that time .. we just needed to close the door.
fbusoni
·1 year agoThis is the trend that I see:
After mass layoffs, some federal agencies are trying to bring employees back
Meantime, every single federal worker who is put on administrative leave will continue to receive their paycheck, retirement and health insurance benefits for the indefinite future... and they thank you for your tax dollars.
Why? Because that's the law. And it will not be overturned because if the occupant of the White House can fire federal workers at will, then all the services that American citizens rely on are at risk because of the whims of one person -- and NO ONE serving on Congress wants to deal with that fallout.
I worked for the executive branch for more than 4 decades and believe me, the waste is colossal.
But there are ways of addressing the waste and abuse in constructive ways... that will NOT imperil productive federal workers who are currently being recalled BACK to the office; that will not compel the USG to pay the salaries of workers who have been told to stay home; and which will not leave egg on the face of those currently in charge (in the form of dozens of lawsuits wending their way through the courts).
This whole "executive order" charade serves one purpose: a bright, shiny object to distract the base from the fact that it, above all, will soon be experiencing inflation, economic stagnation, and the loss of Medicaid.
The base does not know any better, of course, so they are lapping up the theatrics currently underway inside Washington DC. Especially the chainsaw bit.
I don't envy them.
chapeau-noir
·1 year agoROFL! Elon and his pimply-faced "DOGE" is so lame that they keep laying people off, then the govt has to beg them to come back because they don't know jacksheet about what they're doing. Their books don't balance and the head of this racket has the maturity of a hormonal teenager. Dear gawd. 🤣 Meat-ax politics is no way to trim budgets.
I don't think Walmart is in any danger, though.
meme6253
OP1 year agoMusk & His Little Pea Brained Adolescent Musketeers
my-cottage-books-and-antiques
·1 year ago@chapeau-noir agree WalMart is in no danger. The company has been doing well and is coming into 2025 very strong. It has a lot of experience dealing with economic uncertainties and will likely weather whatever situation arises. Smaller businesses, without the resources and experience of Walmart, Amazon, Costco, and others, might have a much more difficult situation ahead.
fbusoni
·1 year agoBuckle up. Cannot stop laughing at that absurd expression.
When a degenerate like the new head of the FBI instructs his employees to ignore the Android who is sending out emails demanding 5 bullet points, you KNOW something is fundamentally broken and that an implosion of some sort is inevitable.
Buckle up... indeed. 🤣
my-cottage-books-and-antiques
·1 year agoWhatever WalMart had to say about its 2025 forecast, there is interesting info about its 2024 sales, especially as it relates to categories in which it has been going head to head with ebay: ebay's "Focus Categories"
"Walmart reported Q4 and full year financial results this week, revealing strong ecommerce growth particularly in Collectibles and other key high value categories where the company is actively working to take market share from competitors like eBay.
In a company press release, SVP Marketplace and Fulfillment Services Manish Joneja shared that US commerce sales grew 20% in Q4, largely attributable to continued success in bringing higher income shoppers to the site...."
An excellent summary at:
https://www.valueaddedresource.net/walmart-q4-earnings-growth-collectibles-high-value-categories/
It will be interesting to see what ebay has to say about growth in its Focus Categories in 2024. ebay reports this coming Wednesday. And presumably we'll also be given a forecast, at least for Q1, if not all of 2025.
my-cottage-books-and-antiques
·1 year agoAnother article about Wal Mart's 2024 growth, especially among higher income buyers: https://www.ecommercebytes.com/2025/02/21/walmart-credits-sellers-high-income-buyers-for-q4-ecommerce-growth/
While no doubt some higher income buyers have "traded down" due to inflation, it seems pretty clear that a substantial part of the reason for the increase (especially online) is the deliberate targeting of these buyers, with stuff like designer handbags, etc. from vetted third party sellers. This is clearly a threat to ebay's reliance on its own focus categories.
Obviously, WalMart, going into 2025, is concerned with the uncertainty that pervades the economy and has wisely reduced expectations by lowering its growth forecast, but this is certainly not a company on the ropes.
Going forward, a lot will depend on consumer confidence and how that translates into purchases. ...and that's true for WalMart as well as other retail and ecommerce businesses.
cardxcraft
·1 year agoI notice that many of us find common ground regarding Walmart and on whether or not they face hardship.
Let's say a large corporation has built a manufacturing plant in an agrarian a community, say somewhere in Vietnam. They get the agrarian community to become dependent on their large manufacturing plant. After X amoumt of years, the employrees now would like a little raise. The first hint of increading wages and the corp. moves on to another community. Now, the agrarian infrastructure, farming equipment, dealers, brokers, middlemen, etc. no longer exist. The last 10-20 years, the once thriving farming community is now forced to fall back on a system they lost touch with in one generation.
If Walmart were to falter or die, we would face initial hardship, but quickly recover; and in the end, be better off because of it. Full disclosure: I'm a proponent of community based economies.
short_circuit.lineman61
·1 year agoI can honestly say that I really enjoy reading the daily developments and the resulting reactions, very entertaining.
fern*wood
·1 year agoYes, it might be fun to read about until it affects you directly. Every day is an adventure.
meme6253
OP1 year agoWhat you consider entertaining now, You will not consider entertaining when & if it hits home for you or someone you know, That's when it stops being funny.
herway
·1 year agoWalmart is in a MONOPOLY position. This is what happens when one business takes market dominance over others. There used to be several large “bargain†stores, but not now, Walmart operates with no competition. The statement Walmart made could very well be an effort to fight the present administration and raise prices with impunity, using this as a weapon. Don’t shoot the messenger, hate the game.
chapeau-noir
·1 year agoThough with this administration it was never about the price of eggs. With the right grease, Wally World can do what they want. Time will tell. And yes, I definitely hate the game.
mam98031
·1 year ago@herway
I think you are likely correct for some areas of the US. Smaller more rural areas that don't give you many choices for shopping. However in larger more populated areas there are options. So I think it is driven by where you live.
ekmadonna
·1 year agoAnd when they negotiate a contract to build a new store they get the cities and towns to agree in contract that multiple types of businesses CAN''T move in or lease space within so many miles of their Kingdom.
johnrj1226
·1 year agoNot true Have seen Walmart's in strip malls with businesses on each side. We have two Super Walmart stores in our county - both are surrounded by beaucoup retail businesses next door and across the streets - not miles away. Stores like Kroger, Home Depot, Ross, K-mart, Target etc. Maybe the county, city has such codes for retail stores to control traffic congestion, safety, signage etc - that happens in places like Hilton Head, South Carolina and other top shelf communities. Lived in a small Village in Frankfort, Illinois it had a ton of "snob zoning codes" for retail shops one was no chain stores, just mom and pop stores, every business had to have x amount of "green space", with shrubbery amount based on the square footage of the building and parking lot - ground level signage with size limits, homes built on a minimum 1/4 acre - taxes were high - 2900 bucks/year in 1982 (about $8400 today). If you wanted to shop a big box store you drove a outside the village limits.
meme6253
OP1 year agoValid point & possible, We will have to wait & see.
lux.ra_14
·1 year agoAdded sarcasm also noted, along with the false premise that Americans and Canadians don't need each other.
meme6253
OP1 year agoI think we actually depend on them, more than they depend on us.
lux.ra_14
·1 year agoSarcasm noted, but there are fewer Canadians because of the ill will generated by the tariff threats and loose talk of annexing Canada.
My part of NY usually has a heavy influx of Canadian shoppers and travelers, particularly in the summer. The local economy will definitely be hurt in a substantial way if Canadians continue to stay home in large numbers. As @chevymontecarlo88 said, I guess American businesses will need to be self-sufficient without Canadian help.
Even 10 percent fewer Canadians would take a big toll. But, hey, it's only money:
https://www.forbes.com/sites/suzannerowankelleher/2025/02/03/canadian-travel-boycott-of-usa-2-billion/
chevymontecarlo88
·1 year agoExactly. Everyone should take this as a lesson in preparedness.
I hope your local Walmart finds a way to survive. Kudos to you for thinking of them.
lux.ra_14
·1 year agoMy local Walmart is about 30 minutes from the Canadian border. It's usually packed with Canadians. On my last couple of visits, there were almost no Canadians. I guess elections really do have consequences.
chevymontecarlo88
·1 year agoGreat point! Yes, the Canadian elections have brought much pain in their country. This is why so many (Canadians) rely on the US in so many ways. It is sad that many of their leaders have quit/resigned.
That is a great example of why Canadians need to be self-sufficient. Relying on "Rollback Prices" is not a way to build their own local economy.
arraus
·1 year agoThis could be a GREAT THING for us eBAY SELLERS!!
When economy goes down, people try to save $$ and sales at DISCOUNT and DOLLAR Stores, 2nd hand, and eBay sales go up.
Don't they?!
HOWEVER, consumers are more likely to spend money on necessities and less on non-essentials. Most of us don't sell essentials, like shampoo and toilet paper, but they'll make price-conscious decisions on everything. Which, should, put eBay in a great spot!
meme6253
OP1 year agoYour however is the KEY factor, Most of us do not sell essentials.
lux.ra_14
·1 year agoLots of slashing and burning going on, but I haven't heard much about bringing down consumer prices since the election. Weren't we promised that it would happen quickly, like no one has ever seen before?
Maybe the Trump-Musk administration should start doing things we can all agree on for a change. An increase in the chocolate ration, for starters.
fbusoni
·1 year ago@lux.ra_14
When the history of the late 20th/early 21st century is written in 200 years (and I would not assume that history will even be a "thing" in 200 years), it will be concluded that (a) a steady diet of fast food, in synergistic combination with (b) the American public's total immersion in the toxic fantasyland of social media, led to a measurable and identifiable stultification in our collective intellectual and psychological well-being.
The sorts of promises to which you refer are thus knowingly handed out casually like candy, and devoured by tens of millions of voters (political affiliation is unimportant) because there is simply no time for critical thinking, what with life being what it is, here on the fast lane of the information superhighway.
And even if those promises WERE taken seriously, they are no longer remembered, because our short-term memories are being destroyed by the constant dopamine rush that hundreds of millions of us demand from our hand-held electronic reward centers that double as phones.
The disappearance of any semblance of national consensus, to which you allude above is, in my view, perhaps the most dangerous consequence of the aforementioned.
johnrj1226
·1 year ago@meme6253
Recall this vividly when Sam Walton was still alive saw this on every store - guess the kiddos got away from the foundation Mr. Walton laid and lived up to until 1992.
"Walmart has used the slogan "Made in America" to promote its commitment to buying more American-made products. The company has also pledged to invest in American jobs and communities. "
History has shown that when one reaches the top dog position for ages your next position will not be #1 - Sears Roebuck & Co used to be #1 retailer in the world, the Big 3 auto makers # 1 in world, US Steel used to be #1, etc. Competition is forever chipping away for a myriad of reasons.
But then again "One Robin Doesn't Make For A Springtime" either.
You might want to consult with your spiritual advisor down the road as economic forecasting are not always spot on - their batting average "ain't so good" kinda' meager.
" Forecasters reported 53% confidence in the accuracy of their forecasts, but were correct only 23% of the time, the researchers found."
meme6253
OP1 year agoNo spiritual advisor needed, I still take it pretty seriously when someone as large as them is predicting slow sales & not much growth factor, It won't be good for any smaller retailers or sellers here if they are correct, I won't dwell on it but I will prepare for it just in case.
mam98031
·1 year agoThat really is dependent upon what you sell and where you source it. Not everything selling on Ebay is from a country that have or will have tariffs.
meme6253
OP1 year agoThat's true not all products will have tariffs, But the total effect on everything will play a Huge part in how consumers will spend.
chapeau-noir
·1 year agoIt's not just finished products, it's the imported components that go into almost everything manufactured here, as well.
meme6253
OP1 year agoOh yeah components also play a huge part, That is especially going to hit electronics in a Huge way, People could be paying through the nose for the latest tech items, If they will pay.
mam98031
·1 year agoYou are suggesting that other prices of items, not related to tariffs, will go up too? Why would things supplied for USA businesses have price increases related to tariffs? Oh wait, maybe some of the supplies these companies use to product their products come from other companies that are subject to tariffs! While it wouldn't affect "everything", I see your point that it would go beyond items directly related to tariffs. ðŸ˜
johnrj1226
·1 year agoOne thing about Walmart that has been going on for several years. is they have been eliminating the Great Value lines and only offer Name Brands - most commonly in the Grocery sections. People are shopping other stores like, Kroger, Ingles and then there is a Aldi. Our Kroger and Aldi aisle are slammed. Peeps are buying store brands stuff to make their dollar go a bit father. Walmart used to make about 6.5 GP before taxes, in recent years in the neighborhood of 3.5% -consumer and employee theft ( Walmart guesstimates employees account 40% of all theft (aka shrinkage) theft has gone up too by twice as much slow but surely stores like Dollar Tree, Dollar General took a decent bite out of Walmart sales /profits
meme6253
OP1 year agoNo doubt they took revenue away from Walmart, someone is constantly trying for a piece of the pie.
johnrj1226
·1 year agoHere ya' go again--
moondogblues
·1 year agoMaybe the 'new' tariffs are a factor?
mam98031
·1 year agoThat has been said by many on this thread, to include Walmart if you read their announcement. It's in the title of the article provided earlier in the thread. Here it is again for your ease.
https://www.foodbusinessnews.net/articles/27744-walmart-gives-cautious-outlook-readies-for-tariffs
johnrj1226
·1 year agoWhat new tariffs - so far none in places - but if tariffs can stop the flow of fentanyl from China, etc I'm all in -
Yr 2022 200 fentanyl deaths/day
meme6253
OP1 year agoMost likely tariffs are a major factor for walmart
mam98031
·1 year agoIt says it is in the TITLE of the article. So yes it is tariff related.
chapeau-noir
·1 year agoWalmarts here in the far suburbs, but none in any metro area. Don't need them, don't want them - we have too many dead malls and big boxes as it is, derelict on land better devoted to farming.
bonjourami
·1 year ago"Walmarts here in the far suburbs, but none in any metro area"
Here too, and I hope I dont get beat up, I love Walmart. I cant drive anymore, so I am in their free delivery program for $12 a month.Its not only free delivery, its same day delivery which I love! Not only for my 'scripts, but every household or emergency item, or grocery item I need quickly..its been a godsend for me.
dogofwar777
·1 year agoYou get what you vote for!
meme6253
OP1 year agoAnd were all getting it that didn't vote for it!
chapeau-noir
·1 year agoI suspect Walmart is pretty resilient, and they're now building their online presence.
The question is tariffs, and this changes everyday seemingly on a whim. By their very nature tariffs would pretty quickly translate into a regressive tax on the working and middle class - but who knows where that's going. I don't see a slower season for Wally World being "dire", though - it's just a slower season. We had the best economic recovery in the world - that is what I don't see lasting. But again, who knows.
12345jamesstamps
·1 year ago"February 2025...starting pay in Texas is around $12.55 per hour as a sales associate in Walmart"...LOL
Wonder why we have no Walmarts in San Francisco...minimum starting wage in San Francisco is $18.67 (including part-time and temporary).
chevymontecarlo88
·1 year agoI am not too sure if that is the only reason. The SnapCrap app showcases how far the city has fallen. I miss visiting that city and wish it comes back. Great food, people and music! Sad.
reallynicestamps
·1 year agominimum starting wage in San Francisco is $18.67
That's about$37,340 a year for full time work.
And WalMart is notorious for the 20 hour (no benefits) week.
How much is a one bedroom apartment in SF?
moondogblues
·1 year agoStudio Apt...about 2500 a month.
moondogblues
·1 year agoIn San Fran, to answer someone. That's for a Studio. If I didn't already have a home where I am, I couldn't afford anywhere. If the current admin keeps on this track my hubs and I will be homeless. We will stay where we are till they kick us out, and this is after paying for the place for 20 years.
My take on all this is...there will be a March on Washington like never (to coin a phrase from T45) seen before.
Where is AARP? Where is Justice? Sorry to get political, but we are scared. We have stopped buying, we are hunkered down...we are waiting for the next shoe/boot to fall.
kensgiftshop
·1 year agoAll they need to do is get the news stations to mention snow and it'll bring the people in.
We were expecting snow last Tuesday and we decided to go to Walmart Monday to get a few things, boy that was a big mistake.
I haven't seen that many people at our Walmart since before Covid hit.
tobaccocardyahoo
·1 year agoWalmart has had great sales growth since the pandemic began. Higher income buyers have begun to shop there or increased their purchasing their.
There is a limit to how long this type of growth can continue. They could be at the limit. Walmart has ceased some activities which signaled virtue to some of these new to Walmart buyers, and may offend some.
This does not say there will not be tariff or other governmental actions which undermine Walmart sales and profit.
Some very smart people have suggested that the economy is not as strong as the government numbers we have been fed the past four years indicate. They could have been and still be correct.
With so many activities which are uncommon filling the news, why would any company overpromise in their outlook. Your stock does not go down if you exceed expectation, and the short term stock market effects seem to get attenuated within a few days.
winterpalace25
·1 year agoWell said. The stock market punishes those who do not meet expectations. The Walmart statement looks pretty normal to me, especially considering all the Chinese products they carry. How about this, carry more Made in USA products, even at a slightly higher cost, problem solved.
And incidentally, Walmart dot com, with it's 3rd party sellers, is the Wild West.
fbusoni
·1 year ago@meme6253
This to me does not sound like the sky is falling.
“We’ve been operating in a highly dynamic backdrop for several years, and we expect this year to be no different,†John Rainey, chief financial officer, told analysts in a conference call on Feb. 20. “Our outlook assumes a relatively stable macro-economic environment but acknowledges that there are still uncertainties related to consumer behavior and global economic and geopolitical conditions. As a result, we’ve taken a similar approach to our initial guidance view for the year as we have in the past couple of years, balancing known risk with what we can control.â€
Rainey noted that Walmart “outperformed on virtually every operational and financial metric†in the fiscal 2025 fourth quarter and feels the company is “performing exceptionally well.â€
“We’re one month into the year, so I think it’s prudent to have an outlook that is somewhat measured,†he said. “We don’t want to get ahead of ourselves. There is certainly some unpredictability in any environment that we have, but we feel really good about our ability to navigate that. We feel really good about our relevance with customers, and we feel really good about how our business model is changing to inflect our profits upward.â€
https://www.foodbusinessnews.net/articles/27744-walmart-gives-cautious-outlook-readies-for-tariffs
meme6253
OP1 year agoWe can only wait & see, I prepare for worst case scenarios , But i do not dwell on them.
chapeau-noir
·1 year agoWalmart can burn as far as I'm concerned.
But I wouldn't put too much credence in the stock market unless there's another Black Monday (1987), which still recovered in a couple of years. If a cat sneezes in the next room the Market goes into a tizzy.
chevymontecarlo88
·1 year agoYeah, but what about the children. No one seems to care about them. You could say that Walmart indirectly (sales) employs children who without the work, would be left to their own devices.
I am so confused. Should we support Walmart (for the children) or let them fail which will lead to the end of our republic as @meme6253 suggests?
I think we all need more platitudes that reflect everyone, including the hard-working children. YMMV
chapeau-noir
·1 year ago 
luckythewinner
·1 year agoI am so confused. Should we support Walmart (for the children) or let them fail which will lead to the end of our republic as @meme6253 suggests?
Since it was an announcement that Walmart expects GROWTH in the next year, IMHO it was barely worth noting and we do not need to do anything.
chariot_badges
·1 year agoI will never forget that day.
Monday, October 19, 1987.
I was a senior at Cal State, Hayward working on Bachelor of Science v2.0 -- was in a lecture hall with at least 200 other students. The lecturer was a famous Economist, had a hell of a resume. I won't say his name.
It was about 1pm, west coast and he was talking about Keynesian Theory and his voice wandered off. He was miked up, because of the size of the room, but it just kind of trailed off. I looked closer (he was a few feet away from me) and I realized that he was crying and mumbling. Openly weeping.
He looked around like he'd just woke up, and said, "I don't know why I'm here. I'm losing hundreds of thousands of dollars a minute." And, without another word, picked up all his papers, stuffed them in a backpack ... and walked out.
At the time, I didn't realize how bad it was. I had other worries: rent, tuition, mid-terms, etc., but, it was a big deal.
luckythewinner
·1 year agoIf the country's #1 retailer is predicting that we could be looking at some very dire times
The country's #1 retailer is predicting that the country's #1 retailer will see profit growth slow.
Walmart expects profits to grow by "ONLY" 3.5% to 5.5%. Slowing profit growth is still growth.
That is hardly "very dire times".
meme6253
OP1 year agoMaybe not dire for them, but where does that put all of us?, There is a much bigger picture that you are not seeing.
luckythewinner
·1 year agoTo me this statement ...
“We’re one month into the year, so I think it’s prudent to have an outlook that is somewhat measuredâ€
... and this statement ...
"If the country's #1 retailer is predicting that we could be looking at some very dire times"
--- are a little at odds with each other.
The fact that Walmart still expects to GROW in the next year puts me pretty much in the same spot I was before this announcement.
meme6253
OP1 year agoWe shall see