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Walmart is Begging The Government For another Huge stimulus Package
It seems they can't project any profits anymore unless the Feds make some more Debt and had out Free money to all again.
serf
The $1,200 direct payments and expanded unemployment benefits were what
kept the economy from stalling out in the early weeks of the coronavirus
pandemic when much of the world was forced to shut down. Millions of
Americans are still unemployed and even those who kept their jobs are
undoubtedly being extra cautious, as there is still no end in sight to
this pandemic. Without another relief package to encourage consumer
spending, it’s unlikely that Walmart or any other retailer will continue
to bounce back so aggressively in the months to come.
Comments
Which ones don't make their customers feel welcome?
Easy. You can tell by the sign on their doors. Sometimes I don't even have to walk up to the door. I can see it from my car. Often times I don't even have to get out of the car. I really appreciate the ones that use graphics instead of words. I can make a decision much faster.
I did have to park a couple of days ago. I walked up to their door and the sign said to use the side door. No problem. I walked around to the side. That door had "The Sign". I turned and walked away. I kind of hoped they saw me walk away . . . and take my money with me.
Alice Walton, the only female heiress to the Walmart fortune, is the richest woman in the world.
The 70-year-old has a fortune worth $54.4 billion, according to Forbes. She ranks ninth on Forbes' billionaires list, which takes a look at the net worths of the world's richest people.
The three Walmart heirs — Rob Walton, Jim Walton, and Alice Walton — have a combined wealth of more than $163 billion. That's about $87 billion more than the second-richest family in America, the Kochs, according to Forbes data.
Despite the Walton's high status, their personal lives remain largely private. Here's what we know about how the world's richest woman spends her fortune, from collecting expensive art to breeding horses.
Every time I have to go in Walmart, I hate them a little more.
I shop at a lot of different businesses and base my shopping on price and convenience. Wal-Mart only a couple of times a year but Amazon about once a month. Recently I needed a part for my mower and no one locally carried it. They could order it and it would take a couple of weeks and cost 50% more than a seller on Amazon. Guess who I ordered it from? Amazon made money, the small business seller made money and I saved money. I try to buy locally but when you try to rip me off as Mac10 stated fugem. Bob
Walmart CEO Doug McMillon to Congress: Get a stimulus deal done?
https://thehill.com/business-a-lobbying/498972-chamber-of-commerce-expects-next-coronavirus-relief-bill-by-july-4
Bob
America badly needs more stimulus, former longtime Dunkin' Donuts CEO says
It’s time to make the stimulus deal, according to a former Dunkin’ Donuts (DNKN) CEO.
Former long-time CEO Robert Rosenberg has seen a few business cycles in his day, so he knows how important it is to Corporate America and smaller businesses on Main Street that a new COVID-19 stimulus deal gets done very soon.
“If I could, I would call Nancy Pelosi myself,” Rosenberg told The First Trade (video above). “Basically we need it, and it’s going to be essential as there is going to be a lot of pain as a result of the pandemic.”