Chart usGOLD   Chart usSILVER  
 
Food for thought
History doesn’t repeat itself, but it does rhyme.
Mark Twain  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1300.05-2.35
Silver 19.58-0.01
Platinum 1435.00-0.25
Palladium 800.609.35
WORLD MARKETS
DOWJONES 1635689
NASDAQ 405622
NIKKEI 14418421
ASX 541332
CAC 40 440660
DAX 9318144
HUI 223-1
XAU 91-1
CURRENCIES (€)
AUS $ 1.4735
CAN $ 1.5244
US $ 1.3821
GBP (£) 0.8229
Sw Fr 1.2180
YEN 141.3990
CURRENCIES ($)
AUS $ 1.0662
CAN $ 1.1028
Euro 0.7235
GBP (£) 0.5954
Sw Fr 0.8812
YEN 102.3010
RATIOS & INDEXES
Gold / Silver66.40
Gold / Oil12.52
Dowjones / Gold12.58
COMMODITIES
Copper 3.030.05
WTI Oil 103.860.11
Nat. Gas 4.54-0.02
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
Walmart Senior VP Asks "Where are All the Customers? And Where’s Their Money?"; "
Published : February 19th, 2013
244 words - Reading time : less than a minute
( 2 votes, 4/5 ) Print article
 
    Comments    
Tweet
Keywords :   Total |

Here's an interesting story from Friday regarding sales at Walmart that just came my way: Wal-Mart Executives Sweat Slow February Start in E-Mails.

Wal-Mart Stores Inc. had the worst sales start to a month in seven years as payroll-tax increases hit shoppers already battling a slow economy, according to internal e-mails obtained by Bloomberg News.

"In case you haven’t seen a sales report these days, February MTD sales are a total disaster,” Jerry Murray, Wal-Mart’s vice president of finance and logistics, said in a Feb. 12 e-mail to other executives, referring to month-to-date sales. “The worst start to a month I have seen in my ~7 years with the company"

Murray’s comments about February sales follow disappointing results from January, a month that Cameron Geiger, senior vice president of Wal-Mart U.S. Replenishment, said he was relieved to see end, according to a separate internal e-mail obtained by Bloomberg News.

“Have you ever had one of those weeks where your best-prepared plans weren’t good enough to accomplish everything you set out to do?” Geiger asked in a Feb. 1 e-mail to executives. “Well, we just had one of those weeks here at Walmart U.S. Where are all the customers? And where’s their money?”

Murray declined to comment and Geiger didn’t return telephone and e-mail messages seeking comment.

Both executives attributed the performance to increased payroll taxes and delayed tax returns, which Geiger called “a potent one-two punch,” according to the e-mails.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Tweet
Rate :Average note :4 (2 votes)View Top rated
Previous article by
Mish
All articles by
Mish
Next article by
Mish
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
MOST READ
TOP RATED
MOST COMMENTED
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Mish

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
Mish ArchiveWebsiteSubscribe to his services
Most recent articles by Mish
4/16/2014
4/16/2014
4/16/2014
4/15/2014
4/15/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer