The 4 states stumping Wal-Mart

The big-box retailer has had difficulty penetrating some of the nation's most populous states. But without them, its US growth prospects are dim.

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VIDEO ON MSN MONEY

420Comments
Aug 5, 2014 11:47PM
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Well, let's leave the rhetoric and propaganda out of this for a minute or so.

About 13 years ago, a Wal Mart moved into our town in NW NJ. Within 18 months, two large general/variety stores closed down that had been in business for decades. They were followed by a number of other businesses such as hardware stores, jewelry and clothing, etc. So what we wound up with after about 3 years was a de-populated downtown stretch of Main Street with many shuttered shops.

What we got was a big box Wal Mart that never carried the things we needed once the "season" changed, sold shoddy clothing that lasted maybe 6 washings, and paid people less than they were getting from the old places, especially when you count benefits.

Wal Mart is great for stockholders and bad for communities. They make money and sell crap, and pay worse.
Aug 5, 2014 7:30PM
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Wal-Mart, I admit causes the mom and pop stores  and specialty shops to close, plus with their price match, money that would go to their competitors goes to Wal-Mart as the and shoppers finish their shopping needs at Wal-Mart. That is the purpose of price match.

 

However, as far as made in China goes, I would suggest that these people that imply Wal-Mart is the only large store that purchases from China, then they had better take a stroll down the aisle or departments of Sears, Target, Penny's, K-Mart, Macy's and every appliance, clothing and household goods store and find one  product that is made in USA.  These stores carry the same brands as Wal-Mart or a product similar to that sold at Wal-mart, they are all made in China.  I do not care if it is a coffee maker, or a dog dish, they are made in China.  The Martha Stewart line of dog products are all made in China.  Find me one American manufacturer of small appliances , lamps, plastic storage containers, bicycles, etc that are manufactured here.  Fisher Price Tonka, all the board games, Mattel, Husky matchbox are all made in China. Carter is made in China Toys R us and BAbies R Us, find American made products there.  You won't. We manufacture very few products and most stores carry stock only made in China or another far eastern country.  Where are Levi's, Wrangler, Gloria Vanderbilt, or Old Navy. made.  There are a few specialty shoe manufacturers that have their product made here.  They are all made in China including those expensive sports shoes like Adidas and Nike. Go to your sporting goods, they merchandise is  made in China.  I am not defending Wal-Mart.  I am saying Wal-Mart is being victimized for carrying made in China products, when it is hard to find in any store, specialty shop or large department store that does does not have most of their merchandise made in China or some other far eastern company.  The recent factory fires and collapses even listed what brands these factories made.  Again check out Wal-Mart competitors and try to find products made in the USA.  These products have USA brand names, but are not made in the USA.

 

Why Wal-Mart is singled out, I have yet to figure out.  I truly wish that this company had stuck with the founders motto Made In America and made every effort to support American Manufactures, no matter how small. Once this line of stores became a large corporation, Walton's theme of Made in America was irradiated.

 

Aug 5, 2014 9:38PM
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If you don't like Wal Mart don't shop there. I quit several years ago, long lines at checkouts with only a few open, tacky merchandise for your money..
Aug 5, 2014 6:08PM
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Why the fascination with a company that procures the preponderance of their non food products from Communist China? Why are people so happy to save a few pennies purchasing products manufactured in  China? Twice in the last sixty years, the US has vicariously fought the Chinese. Not only is Walmart srewing the American factory worker they are now screwing the Chinese worker paying them $1.19 an hour. Many Americans thump their chest and spout off "I am a Patriot" but have no trouble purchasing products from a Communist State. People, China is not our friend.

Aug 5, 2014 8:49PM
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I just choose NOT to shop at Walmart. Big reason is the poor treatment of their employees. Second reason is the trashy shoppers.
Aug 5, 2014 11:59PM
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One thing I haven't seen mentioned in these comments is WalMarts business dealings with suppliers. They are very penny oriented in what they demand from suppliers, but not so much at the onset of their dealings. Suppliers feel like they have hit the mother lode when first getting into WalMart stores. They know they are going to be able to sell tons of their products. It is after they get in that WalMart begins to pinch them. Then they initiate the squeeze. They know fully well that the supplier cannot lose their business at WalMart. It will likely destroy that company. They keep asking for better deals that the supplier really cannot say no to. WalMart is much like the Godfather who: offers you a deal you just can't refuse. Support that if you wish, I do not.
Aug 5, 2014 6:25PM
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Land prices pretty high in some of these states...especially Cali.

I say same thing about Starbucks...everywhere...and I don't even drink coffee.

And you can say same about fast food/chain restaurants and bars...putting the litle mom and pop businesses out.

Vote with your dollars, people.

 

Aug 5, 2014 6:17PM
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These states have done the right thing in keeping this trash store from destroying local economies.  Wish WA state had been smarter here.
Aug 5, 2014 10:36PM
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Just got done spending over 2 hours trying to put a computer chair together. Another piece of Chinese junk that no matter what you do the holes don't line up. I have put loads of these together at work so I do know what I am doing. I told my wife tonight we have said it before but now I am standing firm. No more of this imported junk from Wal-Mart. I'm done with them.
Aug 5, 2014 9:42PM
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China is so 2010.  Already the textile industry is moving out of china as labor costs are too high there.  A lot less clothes say "made in china" these days.  Give it a decade and I would not be surprised to see a lot more of the chinese manufacturing sector crumbling.

It started with the textile industry leaving here.
Aug 5, 2014 10:18PM
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Facts:  In the Global 500 highest revenue companies, Walmart is #1.  Walmart is the largest retailer in the entire world.  Walmart is the largest employer in the U.S.  Walmart is larger that the next five largest U.S. retailers combined.  Walmart sells more than twice as many groceries as their closest competitor, which is Kroger.

Every single day, we are treated to a "news article" from MSN telling us how much trouble Walmart is in.  And all the Walmart bashers crawl out from under their rocks to pile on.

REALITY:  Walmart is NOT in trouble and will continue to be the largest retailer in the entire world for a long, long time because no one else, at this point, is even close.

I don't work for Walmart, never have, never will.  I shop there some, but also at other stores.  But facts are facts, and every single MSN article conveniently ignores them.  It's obvious MSN has an anti-Walmart bias.
Aug 5, 2014 8:27PM
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From MA 


Don't have much choice. Walmart,Target or KMart for a department type store.


Lost the others, Ames ,Bradleys ,Caldors and Zayre.  All had been fair sized companies, all are gone.

Aug 5, 2014 8:26PM
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MSN chides WalMart for having "only" 117 stores in New York.

Costco, which MSN loves to love, has only 16 in NY.  Sounds like Costco has the problem.
Aug 5, 2014 6:00PM
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I love how MSN just has it out for Wal-Mart. I also don't understand why a company that is still, and will almost indefinitely, post billions in revenue is considered "staggered" because growth is inevitably slowing down. You can only grow so much, and they are still making money hand over fist.


Almost time for a MSN nut-hugger article about Costco!

Aug 5, 2014 6:21PM
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There gets to be a point when "BIG" is too big.  It can no longer function efficiently or profitably.  It is possible Wal-Mart has hit its maximum potential and is about to implode.  A prime example of this process is our own government.  It is TOO BIG and it is imploding more and more ever minute!
Aug 5, 2014 9:57PM
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Where is everyone else buying merchandise from that does not buy it at Walmart?  And is in American made?  People have a tendency to bash Walmart and then turn around and buy a similar product in another store.  And for all of you Windows PC users, where exactly was your computer made?  I can assure you it wasn't made in America...
Aug 5, 2014 8:33PM
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The article states that unless Wal-Mart can boost its market penetration in those four states, that the company will continue to stagger as it tries to increase revenue. My personal opinion they will continue to stagger. They need to concentrate on the stores that they have, and where they are failing. I refuse to shop at Wal-mart anymore, maybe when I see that they care about the customers again, as well as keeping the shelves stocked with good quality prducts, then maybe I will return, but for now I am done shopping there. They can build all the stores they want they will still stagger because they are trying to force growth instead of working on the problems that need to be addressed, you cant force real growth.
Aug 5, 2014 5:55PM
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Supply and demand gma19.  Why do they destroy other businesses?  Is that because they sell their products at a lower price?  You can always refuse to pay the lower price and buy your goods somewhere else.  That really sounds intelligent.

Aug 5, 2014 6:11PM
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gma19, nobody is twisting your arm to shop Wal-mart or Target, shop where you want, pay more pay less the choice is up to you. They have given jobs to a lot of people it is to bad when states try to keep business's out that can offer less expensive goods and employment, I feel though that they and all stores should offer more American made products in their stores. They are better made, better quality and actually cheaper than Chinese made stuff.


Aug 6, 2014 2:20AM
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It is just a myth that Wal-Mart is closing the smaller stores like the mom and pop stores. Out of reality, it is us (the people) that are closing the smaller stores. The smaller stores do not have the buying power to keep the prices lower so we elect to go to a store (such as Wal-Mart) to buy our stuff to save money. Also, there are a lot of smaller stores do not match prices on the same identical items like Wal-Mart does. I don't know about you, but I love to save money so that I can buy other things that I want or need. I will not shop at Target because I do not want my credit / credit card numbers hacked (stolen). There is no one twisting our arms to shop at any certain store. We the people elect not to shop at certain stores. That is our preference. I like to save money and live better.
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