What's Happening at Wal-Mart?

Rumours regarding closures have become topical discussion it seems, so what is happening with Wal-Mart in the USA?

Some pretty bizarre thoughts are gaining momentum so c'mon POE members in the USA tell us what you think.

In 2015, Walmart's sales in the US were $288 billion plus an additional $58 billion from their Sam's Club warehouses.  As of 2012, the 6 Walton family heirs were worth more than 49 million Americans combined. 

I believe the minimum wage in the US is $7.25/ hour or about £4.83/ hour. America has a number of public assistance programs for people on low wages to increase their income in one way or another. Americans, like anyone else, like low prices. It's my opinion that low prices there are indirectly being subsidised by the American government/tax payer, to the tune of $ billions per year. 

Hi Paul nice to see you here in the forum.

That 2012 statistic for the six is quite some figure eh? Makes you wonder what they intend to do with it all. As for the minimum wage I don't think it helps any of us and should be left to 'natural forces' meaning if the Employer can afford to pay okay, but if not you get what they can or move on.

I know that if I had the sort of money that you refer to above Paul I would be helping a lot of people in this world, but hey that's how those with money get it isn't it, the greedy b....s generally hang on to it.

You might wonder why Asda (owned by Wal-Mart) are losing money, but when they refuse to honour vouchers at the checkout and in a second incident are washing their delivery vehicles down with high pressure washers (as was the case yesterday alongside the customer walkway and within 30 feet of the ATMs) then wonder no more, get this Asda people don't want to get covered in fine dirty spray blown about in the air before entering the shop, or visiting the ATMs.

Needless to say I have written to the CEO and Customer Services Department about both incidents who thus far have failed to repsond, they totally ignore you it seems and as POE members will know this is not my first run-in with Asda Wheatley.

Get your act together Asda Store in Wheatley, Oxford before the site becomes a housing project.