Muscatine

Wal-Mart prices on the rise: JP Morgan study

Posted in: Muscatine

 

 

Kinda hard to debate what is the simple truth of the matter, nedl.


That never slowed him up much before.

Oh, yea...forgot for a second who we were talking about.

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  • lilsmom
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I have definitely noticed.  There are several items I purchase every week, and it's been quite a shock.  Some items are raised pennies, but there are several items that I've seen at least a 20% increase on over the past month or so. 

I have definitely noticed.  There are several items I purchase every week, and it's been quite a shock.  Some items are raised pennies, but there are several items that I've seen at least a 20% increase on over the past month or so. 


I'd say 20% would be modest on some items. WalMart has become increasingly expensive.

Wow...talking down about the company, davie?

 

From an article last June...

 

BENTONVILLE, ARK. -- The American consumer alone can no longer save the world, and nowhere is that more apparent than here inside the world's largest retailer: Wal-Mart.

The company that began as a five-and-dime in rural northwest Arkansas opened its annual shareholder meeting last week with Bollywood-style dancers, Asian balancing acts and Brazilian martial artists representing some of the 14 foreign countries in which Wal-Mart operates. Last year, its international division topped $100 billion in sales for the first time and this year it is expected to surpass the United States in number of stores.

This is the next phase of Wal-Mart domination. It built its business in small towns and suburbs across the United States, but now international sales are growing at almost nine times the rate of domestic sales.

Wal-Mart already was facing stalled growth at home after saturating the market, and that has been exacerbated by the weak labor market and high gas prices, which have battered the chain's core customers and depressed sales.

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Their interest does not appear to be the US shopper right now.

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