Widgets Magazine
Page 1 of 2 12 LastLast
Results 1 to 25 of 41

Thread: Walmart Factoids, In 2 parts

  1. #1

    Default Walmart Factoids, In 2 parts

    From an email:

    Pt 1

    1. Americans spend $36,000,000 at Wal-Mart Every hour of every day.

    2. This works out to $20,928 profit every minute!

    3. Wal-Mart will sell more from January 1 to St. Patrick's Day (March 17th) than Target sells all year.

    4. Wal-Mart is bigger than Home Depot + Kroger + Target + Sears + Costco + K-Mart combined.

    5. Wal-Mart employs 1.6 million people and is the largest private Employer, and most speak English.

    6. Wal-Mart is the largest company in the history of the World.

    7. Wal-Mart now sells more food than Kroger & Safeway combined, and keep in mind they did this in only
    15 years.

    8. During this same period, 31 supermarket chains sought bankruptcy.

    9. Wal-Mart now sells more food than any other store in the world.

    10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers; this is 1,000 more than it had 5 Years ago.

    11. This year 7.2 billion different purchasing experiences will occur At a Wal-Mart store. (Earth's population is approximately 6.5 Billion.)

    12. 90% of all Americans live within 15 miles of a Wal-Mart.


    -------------------------------------------------------------------------
    Pt 2

    In California, the families of Wal-Mart employees use an estimated 40% more in publicly funded health care than the average for families of employees at other large retail firms, according to an August 2003 study by University of California, Berkeley's Institute for Industrial Relations. Providing health care to Wal-Mart families costs California taxpayers an estimated $32 million annually.

    Thanks to their poverty-level wages, Wal-Mart workers are often eligible for other kinds of government assistance as well. The same study found that California Wal-Mart employees and their families utilize an additional $54 million in non-health related federal assistance, including food stamps, the Earned Income Tax Credit, subsidized school lunches, and subsidized housing.

    The Democratic staff of the House Committee on Education and the Workforce estimated the breakdown of costs for one 200-employee Wal-Mart store:

    * $36,000 a year for free or reduced school lunches, assuming that 50 families of employees qualify.

    * $42,000 a year for Section 8 rental assistance, assuming that 3% of the store employees qualify.

    * $125,000 a year for federal tax credits and deductions for low-income families, assuming that 50 employees are heads of households with a child, and 50 employees are married with two children.

    * $108,000 a year for the additional federal contribution to state children's health insurance programs, assuming

    that 30 employees with an average of two children qualify.

    * $100,000 a year for additional Title I expenses, assuming 50 families with two children qualify.

    * $9,750 a year for the additional costs of low-income energy assistance.

    Overall, the committee estimates that one 200-person Wal-Mart store may result in an excess cost of $420,750 a year for federal taxpayers.

    The effects of Wal-Mart's free-loader policies radiate beyond Wal-Mart itself; Wal-Mart employees are not the only victims. Firms large and small are forced to cut their own costs in order to compete, creating a "race to the bottom, in which everyone suffers," according to the AFL-CIO report. Employers that provide adequate pay and benefits to their employees are under pressure from companies like Wal-Mart that do not. The result: a growing low-wage sector and ever-greater need for government benefits (funded, incidentally, by an increasingly regressive tax structure).

    As an economic power, Wal-Mart is in a class by itself, with over $8 billion in net income last year-it's about five times the size of the second-largest retailer in the United States. Wal-Mart's sheer size means it can drag whole sectors with millions of workers both in the United States and abroad down its low-road path. Taxpayers are feeding this giant corporate monster, and at a very high price.

  2. #2

    Default Re: Walmart Factoids, In 2 parts

    So, stop shopping at Wal-Mart? Or is there more? You want to take them down right?

  3. #3

    Default Re: Walmart Factoids, In 2 parts

    I second not shopping there if you do not like the place

    People have a right to spend their money where ever they choose. Walmart happens to be a popular destination for many because of the cheap prices and the variety of goods and services.

    Most of all people choose Wal-Mart for the same reason you shop your favorite store. Coming on here trashing Wal-Mart is really a waste of time. You kind of remind me of the fat ugly girls in high school that trashed the cheerleaders.

    Why don't you find a hobby that gives you something positive to dicuss.

  4. #4

    Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by stick47 View Post
    From an email:

    Pt 1

    1. Americans spend $36,000,000 at Wal-Mart Every hour of every day.

    2. This works out to $20,928 profit every minute!

    3. Wal-Mart will sell more from January 1 to St. Patrick's Day (March 17th) than Target sells all year.

    4. Wal-Mart is bigger than Home Depot + Kroger + Target + Sears + Costco + K-Mart combined.

    5. Wal-Mart employs 1.6 million people and is the largest private Employer, and most speak English.

    6. Wal-Mart is the largest company in the history of the World.

    7. Wal-Mart now sells more food than Kroger & Safeway combined, and keep in mind they did this in only
    15 years.

    8. During this same period, 31 supermarket chains sought bankruptcy.

    9. Wal-Mart now sells more food than any other store in the world.

    10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers; this is 1,000 more than it had 5 Years ago.

    11. This year 7.2 billion different purchasing experiences will occur At a Wal-Mart store. (Earth's population is approximately 6.5 Billion.)

    12. 90% of all Americans live within 15 miles of a Wal-Mart.


    -------------------------------------------------------------------------
    Pt 2

    In California, the families of Wal-Mart employees use an estimated 40% more in publicly funded health care than the average for families of employees at other large retail firms, according to an August 2003 study by University of California, Berkeley's Institute for Industrial Relations. Providing health care to Wal-Mart families costs California taxpayers an estimated $32 million annually.

    Thanks to their poverty-level wages, Wal-Mart workers are often eligible for other kinds of government assistance as well. The same study found that California Wal-Mart employees and their families utilize an additional $54 million in non-health related federal assistance, including food stamps, the Earned Income Tax Credit, subsidized school lunches, and subsidized housing.

    The Democratic staff of the House Committee on Education and the Workforce estimated the breakdown of costs for one 200-employee Wal-Mart store:

    * $36,000 a year for free or reduced school lunches, assuming that 50 families of employees qualify.

    * $42,000 a year for Section 8 rental assistance, assuming that 3% of the store employees qualify.

    * $125,000 a year for federal tax credits and deductions for low-income families, assuming that 50 employees are heads of households with a child, and 50 employees are married with two children.

    * $108,000 a year for the additional federal contribution to state children's health insurance programs, assuming

    that 30 employees with an average of two children qualify.

    * $100,000 a year for additional Title I expenses, assuming 50 families with two children qualify.

    * $9,750 a year for the additional costs of low-income energy assistance.

    Overall, the committee estimates that one 200-person Wal-Mart store may result in an excess cost of $420,750 a year for federal taxpayers.

    The effects of Wal-Mart's free-loader policies radiate beyond Wal-Mart itself; Wal-Mart employees are not the only victims. Firms large and small are forced to cut their own costs in order to compete, creating a "race to the bottom, in which everyone suffers," according to the AFL-CIO report. Employers that provide adequate pay and benefits to their employees are under pressure from companies like Wal-Mart that do not. The result: a growing low-wage sector and ever-greater need for government benefits (funded, incidentally, by an increasingly regressive tax structure).

    As an economic power, Wal-Mart is in a class by itself, with over $8 billion in net income last year-it's about five times the size of the second-largest retailer in the United States. Wal-Mart's sheer size means it can drag whole sectors with millions of workers both in the United States and abroad down its low-road path. Taxpayers are feeding this giant corporate monster, and at a very high price.
    And you own how much stock in Target Corporation ?

  5. #5

    Default Re: Walmart Factoids, In 2 parts

    Looks like a lot of ppl here are prone to jumping to conclusions. I never said good or bad about WM but how many here were enlightened at the indirect tax subsidies that a WM creates?
    That was an eye opener for me and probably very much under the radar to most.

    So ddavidson8 & rcjunkie you can have any opinion of me that you want but don't assume you know my intention for posting this.

  6. #6

    Default Re: Walmart Factoids, In 2 parts

    This stuff gets put on so many forums. I wish for everyone to be paid a good wage. But face it, a cashier scanning bar-codes or a stocker stocking shelves just isn't a 15 to 20 dollar an hour job in any market for any chain.

  7. #7

    Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by SoonerBent View Post
    This stuff gets put on so many forums. I wish for everyone to be paid a good wage. But face it, a cashier scanning bar-codes or a stocker stocking shelves just isn't a 15 to 20 dollar an hour job in any market for any chain.
    Simple answer is to just work two jobs. I know many Asians here do it. There's little reason to think we Americans can continue to prosper in tough economic times when our personal business model is stuck on a part time job at WM or working a 40 hour week. Anyone can be successful if they work hard.

  8. #8

    Default Re: Walmart Factoids, In 2 parts

    I love Wal Mart. I am a loyal customer. It isn't perfect, but the bullies supported and encouraged by the pro union groups who want to take them down piss me off. There are plenty of businesses to demonize if someone has a motivation.


    People who don't think at all about other business can quote you chapter and verse from the Wal Mart tax revenues - as here. They are on a mission and never seem to stop and think about why this is so important to them when there are plenty of other causes. It is just popular to bitch about Wal Mart. Anyone who has this much energy -for heaven's sake go do something constructive and helpful. Pointing out stuff from the internet that can be cut and pasted isn't a mission - it is a strange hobby. Who the hell cares besides the ones saying, "aint it awful?"

    Fact is, if WalMart was a union shop, this would all go away.

    I don't mean to be so offensive but you just see this over and over and over and over. It has become just nagging. "Do you get it? Do you get it? Do you get it? Wal Mart is BAD! Wal Mart is BAD!" For god's sake, who cares? Just don't shop there. It is not going to bring about the end of our western civilization. People confuse trashing Wal Mart with some sort of community service. It isn't.

  9. #9

    Default Re: Walmart Factoids, In 2 parts

    Well PQ rather than trashing WM I posted this to point out the system that allows WM workers to work there but still be on the public dole. That's what I'd be trashing if I chose to trash something. As I said, I know of many that work more than one job and choose to do so rather than accept public assistance. Please don't group me with the Walmart trashers. I had no such intention. It's the entitlement mindset that irks me.

  10. #10

    Default Re: Walmart Factoids, In 2 parts

    It's all about supply and demand and Wal-Mart provides. Why punish them?

  11. #11

    Default Re: Walmart Factoids, In 2 parts

    I'm constantly surprised how many people in this country hate the free market we have. It's not perfect, but I'll take it over anything else out there.

  12. Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by PennyQuilts View Post


    People who don't think at all about other business can quote you chapter and verse from the Wal Mart tax revenues - as here. They are on a mission and never seem to stop and think about why this is so important to them when there are plenty of other causes. It is just popular to bitch about Wal Mart. Anyone who has this much energy -for heaven's sake go do something constructive and helpful. Pointing out stuff from the internet that can be cut and pasted isn't a mission - it is a strange hobby. Who the hell cares besides the ones saying, "aint it awful?"
    Speaking of strange hobbies, one of the strangest would have to be posting on a message board 24/7.

  13. #13

    Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by PennyQuilts View Post
    People confuse trashing Wal Mart with some sort of community service. It isn't.
    Agree. Walmart's trashy enough as it is; no need to pile on.

  14. Default Re: Walmart Factoids, In 2 parts

    For the nonWalmarters: Try buying all your stuff at CVS for 6 months. You'll be back.

  15. #15

    Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by Bostonfan View Post
    Speaking of strange hobbies, one of the strangest would have to be posting on a message board 24/7.
    So get a new hobby, bud.

  16. Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by OKCMallen View Post
    For the nonWalmarters: Try buying all your stuff at CVS for 6 months. You'll be back.
    why would you be limited to CVS?

  17. #17

    Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by fuzzytoad View Post
    why would you be limited to CVS?
    Well, whereever they go, just go if they aren't satisfied with Wal Mart. If they come back, fine, if not, they will have voted with their feet which is the only thing that can ultimately makes a difference.

  18. #18

    Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by Bostonfan View Post
    Speaking of strange hobbies, one of the strangest would have to be posting on a message board 24/7.
    OMG You're my new hero. I about died laughing lol.

  19. #19

    Default Re: Walmart Factoids, In 2 parts

    I think the government is to blame more than Wal-Mart. The people working at Wal-Mart are just using the system.

    The government needs to stop handing out stuff and make people work for their money. That is what our country was founded on, hard work! Not government hand outs.

  20. #20

    Default Re: Walmart Factoids, In 2 parts

    Got a good deal at Walmart yesterday. Buy any gas grill and you get a $50 gift card. I bought the $94 one. Err.. $44 one. :-)
    (BYOB tho. They don't come with propane tanks)

  21. #21

    Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by lasomeday View Post
    I think the government is to blame more than Wal-Mart. The people working at Wal-Mart are just using the system.

    The government needs to stop handing out stuff and make people work for their money. That is what our country was founded on, hard work! Not government hand outs.
    Possibly on the hard work of their slaves.

  22. #22

    Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by ddavidson8 View Post
    I'm constantly surprised how many people in this country hate the free market we have. It's not perfect, but I'll take it over anything else out there.
    So the free market is highly desirable when Wal-mart over the years drives all of it's competition out of Oklahoma towns so the people there can no longer choose to shop to compare prices at Gibson's, T.G. & Y., Otasco, K-Mart and so forth. (OK, I'll admit people must have done that, found prices too high and bought at Wal-Mart.) Anyway, these days you gotta hope your town is big enough to have other places to shop other than Wal-Mart, such as Big Lots and Lowe's. And in at least one or two towns in Oklahoma Wal-Mart gets the thrill of having to compete with itself from having two of its super centers in town.

    I will give credit to Wal-Mart for directing me to a small business. In Stillwater I went to Wal-Mart to get a battery replaced in my watch. But the clerk said they no longer replace batteries in watches they don't sell. She directed me to a tiny watch and clock repair shop on Main St. While there, it was interesting waiting since because the shop owner had old time pictures of Main St. from way back hanging on the wall along with a glass counter of old coins for sale. So Wal-Mart isn't totally bad.

  23. #23

    Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by lasomeday View Post
    I think the government is to blame more than Wal-Mart. The people working at Wal-Mart are just using the system.

    The government needs to stop handing out stuff and make people work for their money. That is what our country was founded on, hard work! Not government hand outs.
    Well, I wouldn't be surprised if people who work at Wal-Mart think they work hard from being on their feet all day, especially if full time.

    Isn't the reason why people who work at Wal-Mart are on government entitlements is because they have kids? If so, what do you do about the kids? Should the government do something to prevent poor couples from having children, for instance, by giving a poor couple, or unmarried women, a big tax write off bonus from the government to put their babies up for adoption?

  24. #24

    Default Re: Walmart Factoids, In 2 parts

    The problem IMO is that too many Americans aren't instilled with a work ethic and the family units aren't strong enough for when times are tough.
    The majority of Asians don't have that problem. They'll put in as many hours a day as it takes and see value in living 3 or 4 generations under one roof.

  25. #25

    Default Re: Walmart Factoids, In 2 parts

    Quote Originally Posted by stick47 View Post
    The problem IMO is that too many Americans aren't instilled with a work ethic and the family units aren't strong enough for when times are tough.
    lol, I bet the people who are dead tired at the end of their work day, only to have to be loyal enough to face doing the same thing all over again the next day don't like to hear of your talk of a lack of work ethic in this country. There's still some grunt work left out there. Robot workers haven't taken over the work day world yet. When that happens your talk of a lack of work ethic will become all too true, but only mainly from the lack of work.

Thread Information

Users Browsing this Thread

There are currently 4 users browsing this thread. (0 members and 4 guests)

Similar Threads

  1. WalMart Shooting
    By mmonroe in forum Midwest City/Del City
    Replies: 60
    Last Post: 01-13-2010, 02:31 AM
  2. WalMart grocery on I-240 and Sooner?
    By narrowexpanded in forum Midwest City/Del City
    Replies: 36
    Last Post: 08-25-2009, 03:08 PM
  3. looking for parts
    By Marc1974 in forum Current Events & Open Topic
    Replies: 6
    Last Post: 08-26-2008, 12:50 PM
  4. Free $5 WalMart Gift Card - SERIOUSLY
    By BailJumper in forum Current Events & Open Topic
    Replies: 4
    Last Post: 09-14-2007, 03:26 PM
  5. A Friendly Welcome from Walmart
    By jbrown84 in forum Suburban & Other OK Communities
    Replies: 9
    Last Post: 08-02-2006, 12:55 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Single Sign On provided by vBSSO