WILL IT STILL MAKE GOOD ON ITS JOBS PROMISE TO SOUTH CAROLINA?
|| By FITSNEWS || Back in 2011, Walmart promised to bring 4,000 new jobs to South Carolina by 2016.
Which presumes working at Walmart is a “job.”
Anyway, is the discount retail giant on track to meet its goal? Eh. In April 2013, the company told us its total of “new and expanded stores, along with stores currently under construction or out for bid” in the Palmetto State equated to 2,000 new jobs. But since then Walmart has been struggling.
In fact this week’s earnings report continued that trend. Walmart posted first quarter revenues of $114.8 billion (ah, those “Great Value” deals) – which missed analysts’ expectations of $116.2 billion.
Earnings per share clocked in a $1.03 – missing estimates of $1.05 – although the company said it expects second quarter earnings per share to come in between $1.06 and $1.18.
Wethinks Walmart is a bit optimistic there …
Anyway, we’ll continue to keep tabs on the company as we get closer to its May 4, 2016 deadline. But our guess is Walmart will come far short of achieving its promised South Carolina job growth – making this yet another of governor Nikki Haley‘s job promises that didn’t pan out.
Anyway, always happy to subside their shit wages and benefits with our tax dollars.
Republicans are well aware of the poor man’s plight, which is why they want to strip away the little government assistance that keeps them from starving.
“Which presumes working at Walmart is a “job.””
Easy there Wilbur, “people who live in glass houses…” and all.
I also believe they are one of the companies now that will hire you if you are a convicted felon-you don’t have to ‘check the box’.
Everybody deserves a second chance. :)
Oh, I don’t know about that.
Seniors too ! … ?
I think you goobers bought all the Duck Dynasty stuff up. We’ll make more cheap crap for you, don’t worry.
“Which presumes working at Walmart is a “job.””
We should encourage anyone that has any job, not knock them down or belittle them.
Especially considering it’s often times more profitable when people are at the lower end of the wage/skill scale for them to sit home and collect a variety of welfare benefits courtesy of government…especially if they are popping out kids.
Work is character building and I have far more respect for a Walmart cashier than a welfare collector or a “public servant”.
How do you serve respect for dinner? Do you fry it, boil it, or bake it in the oven? Is it safe to eat respect raw? How many servings does it make? Hopefully enough to feed all the kids.
Does SCE&G accept respect? I know they take Visa and Mastercard, but I didn’t see anything about paying in respect. Do I have to mail it in? For that matter, does Wells Fargo take respect? I’m behind on my mortgage payments.
If the insinuation is that people who work can’t feed themselves, I have yet to meet such a person.
Even further, if you are suggesting that doing their best to be productive members of society is not worthy of respect, or that respect is “worth nothing”, you are mistaken.
Like life, most have to start at the bottom and work their way up. Just because the bottom is hard, or you might have made poor choices that makes the bottom of the pay scale more difficult doesn’t mean that you shouldn’t try to better yourself….and frankly, it’s the only option for a person that has SELF-respect.
How do you serve respect for dinner?
TBG sprinkles it over Ramen noodles.
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The majority of Walmart’s sales are food items an prescriptions. Electronics maybe third. The rest is terrible. On top of that, Walmart has resorted to cluttering up its main aisles, making it extremely difficult to navigate with a shopping cart around other shoppers. Its really become a pain in the ass to shop at Walmart.
I wonder if fits is going to write an article about housing starts rising 20%. This is the largest rise in 7 1/2 years. Previous months were revised up also. Come on fits more Rainbows and Unicorns. …
No, he’ll say it’s below the 2006 levels (remember – the housing bubble). It fits (no pun intended) into the mantra – only true free-market provides solid growth. You know, like in the 1890s when you could get rat droppings in your hot dogs and sausage.
You were close.
Right after he tells us about how those Marxists and socialists in the EU beat our year-over-year Q1 GDP growth. God–and the GOP– knows we don’t want to become like them.
… and a false lead. “Starts” are new buildings as opposed to remodeling or upgrade or additions.
Attrition alone would account for a “20% rise” this spring. And 7 1/2 years back was … was … the big crash when Obama first got elected and those with new jobs lost ’em.
You watch: the next annual housing bubble is about to pop … again.