Saturday, November 11, 2006

Poetic Justice?

I just read this story from Friday about Walmart:
Appliances join toys and electronics in Wal-Mart holiday price cuts

BENTONVILLE, Ark. (AP) _ Their sales were disappointing last month, but it's looking more and more like Wal-Mart is determined not to let that happen again.
The world's largest retailer is cutting prices on dozens of small appliances. Reductions of between seven and 17 percent are taking effect immediately on everything from coffee makers to microwaves.
This is Wal-Mart's third round of price slashing in time for the holiday season. It already lowered the tags on hundreds of toys and electronics.
Along with October's unsettling results, the company's outlook for this month is the weakest in a decade. Wal-Mart officials say they want to refocus on cutting prices and selling basic items, after going too far in stocking trendy things.

Could it be that the public is tired of Wal-Mart treating it's employees poorly? I'm sick about Wal-Mart's business practices - and hope they take a staggering decline to help change their policies. Ugh.

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