Current Topics
The End of the Independent Judiciary
by Jeffery J. Haas
35 minutes 17 seconds ago
Answer (Fredric Brown, 1954)
by Golem
Yesterday at 11:11 PM
A time when politics were not all about greed
by jgw
Yesterday at 08:01 PM
RoundTable for September 2018
by Jeffery J. Haas
Yesterday at 07:42 PM
Code for no black people': New York bar's 'racist' dress code sparks online deba
by Greger
Yesterday at 06:35 PM
The United States v Donald Trump
by rporter314
Yesterday at 12:54 PM
How the octopus got its smarts
by Ujest Shurly
Yesterday at 02:32 AM
Our modern Sinclair Lewis?
by jgw
09/22/18 08:52 PM
Returning rationality to public policy
by NW Ponderer
09/20/18 04:03 PM
The Savage Breast: A Music Clip Thread
by Golem
09/20/18 12:58 AM
Yom Kippur and Kol Nidre
by Golem
09/18/18 06:57 PM
Miscellaneous humor thread
by Golem
09/17/18 10:21 PM
Justice is coming
by jgw
09/17/18 09:37 PM
Flor-i-duh's Governor's Race
by Greger
09/17/18 06:19 PM
‘Unprecedented’: Natural gas expert says ‘over-pressurization’ may be to blame
by NW Ponderer
09/17/18 03:02 PM
George Conway rips Trump over tweet about Obama's '57 states' gaffe
by pdx rick
09/17/18 04:37 AM
Obama's Friday Speech
by pondering_it_all
09/14/18 06:51 AM
Woodward book breaks 93-year publishing record
by Greger
09/14/18 03:01 AM
Mike Rowe on Nike / Kaepernick and 9/11 hero Tom Burnett
by Greger
09/12/18 02:17 AM
The nuclear option
by Greger
09/12/18 01:22 AM
Forum Stats
6248 Members
58 Forums
16385 Topics
281991 Posts

Max Online: 294 @ 12/06/17 12:57 AM
Google Adsense
Topic Options
#305032 - 01/12/18 05:58 PM WalMart closing 63 Sam's Club
pdx rick Offline
Member
Carpal Tunnel

Registered: 05/09/05
Posts: 41017
Loc: Puget Sound, WA
Quote:
The company attributed the decision to the need to better fulfill online orders, less population growth than expected in some markets and too many competing locations.

The Sam's Club closures were confirmed the same day Walmart said it would lift the hourly minimum wage in the U.S. to $11 and give out bonuses of up to $1,000.

USA Today

Sixteen of those Sam's Clubs are in cities or areas where there is a Costco Business Center - a separate business division from Costco Wholesale. Costco only has 16 Business Centers and 518 warehouses in the United States.

Costco does weekly comparison shopping of Sam's, Target, and Walmart and adjust prices in those areas of like or similar products to remain competitive. it's always a penny less than the competitor. Only prices at these warehouses or business centers are adjusted where the local Sam's, Target, or Walmart is lower. Else, the rest of the warehouses or business centers in the region remain at the Costco price whose margin is always no more that 13.9% of what Costco paid for the goods.

Costco's starting pay is $13/hr and their bonuses are $2,500 every six months.
_________________________
Contrarian, extraordinaire



Top
#305037 - 01/12/18 06:25 PM Re: WalMart closing 63 Sam's Club [Re: pdx rick]
NW Ponderer Offline
Moderator
Carpal Tunnel

Registered: 09/09/11
Posts: 16204
Well, Walmart has to pay for its grandstanding, so... To give bonuses and raises to its employees to stroke the ego of the President, it needs to reduce its workforce. No sense using its enormous profits to benefit its employees! Get real!
_________________________
A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.

Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich

Top
#305048 - 01/13/18 06:06 AM Re: WalMart closing 63 Sam's Club [Re: pdx rick]
pdx rick Offline
Member
Carpal Tunnel

Registered: 05/09/05
Posts: 41017
Loc: Puget Sound, WA


_________________________
Contrarian, extraordinaire



Top
#305122 - 01/16/18 03:34 AM Re: WalMart closing 63 Sam's Club [Re: pdx rick]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 7886
Loc: North San Diego County
Good. Fewer WalMart employees means fewer people we need to subsidize with food stamps and free health care. Maybe they'll get jobs that provide health care and enough money to feed their families!

Top
#305142 - 01/17/18 04:54 AM Re: WalMart closing 63 Sam's Club [Re: pdx rick]
Jeffery J. Haas Online   sick


Pooh-Bah

Registered: 08/03/04
Posts: 13270
Loc: Whittier, California
Oh I agree, I just want folks to point out that WM was dining on the fact that the Trump tax cuts triggered some kind of tsunami of trickle down morsels, when in reality it was all a bait and switch.
_________________________
"He wakes up in the morning, ****s all over Twitter, ****s all over us, ****s all over his staff, then hits golf balls."
---Congressman Peter King

Top
#305191 - 01/20/18 01:22 AM Re: WalMart closing 63 Sam's Club [Re: pondering_it_all]
pdx rick Offline
Member
Carpal Tunnel

Registered: 05/09/05
Posts: 41017
Loc: Puget Sound, WA
Originally Posted By: pondering_it_all
Good. Fewer WalMart employees means fewer people we need to subsidize with food stamps and free health care. Maybe they'll get jobs that provide health care and enough money to feed their families!

They'd have to go to Costco and get a job for all of that... coffee
_________________________
Contrarian, extraordinaire



Top
#305192 - 01/20/18 01:25 AM Re: WalMart closing 63 Sam's Club [Re: pdx rick]
pdx rick Offline
Member
Carpal Tunnel

Registered: 05/09/05
Posts: 41017
Loc: Puget Sound, WA
Originally Posted By: pdx rick



It turns out that the "$1,000 bonus" for employees at Walmart are for employees who have been there 20 years or more.

The other Walmart employees will receive a bonus for less than $200.00

Costco doesn't treat their employees that way. Just saying. smile
_________________________
Contrarian, extraordinaire



Top

Who's Online
0 registered (), 34 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Newest Members
TrentonP, Nosf50, erumonej, Jensen Breck, Albertapkr
6248 Registered Users
A2