I worked for Walmart for 24 years, I saw Walmart do a lot of positive things for the communities they were in. Some small businesses didn't last because they would not change how they did business. And some of the stores that have been mentioned were closed because of a lot of theft. I agree , shop where you want too, support small business, I had one called Double G Archery. Shop the box store, use the internet, just be thankful we can have the opportunity to shop and spend our money where we want.
Alice is bout as hott as an anaal gland on my German Shepherd.
Lol, I've known her a long time from the cutting horse business, some people never learn. You would think after killing someone while DWI she would have a driver but then she gets another dwi in weatherford on her birthday in 2011 and of course charges are never filed.. Money talks here for sure with our prosecutors and judges.
Lol, I've known her a long time from the cutting horse business, some people never learn. You would think after killing someone while DWI she would have a driver but then she gets another dwi in weatherford on her birthday in 2011 and of course charges are never filed.. Money talks here for sure with our prosecutors and judges.
Not to mention, shooting at people in airboats on the Brazos River. She should be in jail.
Sam did share profit IF the individual store was profitable and had a good shrinkage number, he did allow for advancement within but his employee wages were jut a shake above minimum ($3.30- $3.40/hr) for his hourly store employees as well. They gave dime and quarter raises per hour. They were horrible really for as much money as that company made in the early years.
Profit sharing was based on company performance not individual stores. In 2006 the new store in Desoto had 735 hourly employees with an average starting wage of 10.72 per hour. Minimum wage was around 7 bucks then.
Hourly employees that took advantage of the stock option early on became wealthy on a small investment. Advancement opportunity for employees was amazing as the company expanded. Ol country boys with just a highschool education made as much as 250,000 per year running stores. True this was based on the individual stores performance. Base salary was 110,000 plus 20,000 extra or running a metro store. Bonus could be up to 125% of base at the time..
I agree that its no longer like that and they are pinching employees every where they can..
Now for you folks who live and breathe Walmart, hear me out. This was in a small town that still has mom and pop stores. There was no need for Walmart to build in this tiny, but growing town. No doubt the execs at Walmart planned to dominate everything there as far as retail sales go. I honestly was worried for the small corner gas station/convenience store that also has a full kitchen among other things. That business has been there for 50 years or more.
There's also numerous other small businesses in the old downtown area that surely would've closed if it hadn't been for the loyal locals in the town and countryside. After the smaller version of a Walmart opened, I pictured the inevitable doom for many of those individually owned businesses.
Fast forward about a year. To my surprise, the Walmart store was closed with a for sale sign out front. That was shocking. I wish more small towns had the same results for the execs that push for over-saturation of those stores. There once was a time in my life that I shopped at Walmart. No more. That ugly habit ended long ago.
Profit sharing was based on company performance not individual stores. In 2006 the new store in Desoto had 735 hourly employees with an average starting wage of 10.72 per hour. Minimum wage was around 7 bucks then.
Hourly employees that took advantage of the stock option early on became wealthy on a small investment. Advancement opportunity for employees was amazing as the company expanded. Ol country boys with just a highschool education made as much as 250,000 per year running stores. True this was based on the individual stores performance. Base salary was 110,000 plus 20,000 extra or running a metro store. Bonus could be up to 125% of base at the time..
I agree that its no longer like that and they are pinching employees every where they can..
Not correct on the profit sharing bonus checks. Maybe stock but not the bonus checks. Of course I'm talking way before your 2006 numbers. Different stores received different amounts. Some received none while others received them. Sam died in 1992. Sams plan went down the crapper after that and died way before 2000 per some friends that stayed in the company in mgmt. I worked at one in the late 80s in sporting goods while going to school... back when they actually sold guns and high dollar fishing equipment ordered by the department manager for the local areas. We were like an individual sporting good store as compared to the computerized corporate buyer ordered skeleton they are today. The profit sharing checks issued were based on individual stores and their performance with theft/shrinkage/inventory taken into account lowering or raising that number. I started out at $3.40 an hour way back then. [emoji15][emoji23] I was banking[emoji23]. I received two profit sharing checks during my 4 years there. One was $550 and the other was $1000ish. When I received nothing there were other stores getting checks and vice versa. They used it to "motivate" us.
It was a job involved with something I liked while I went to school and did inventory accounting work for hospitals and rest homes as a second job.... but looking back on it the pay sucked for Wallyworld. I wouldn't work in what they have become today with skeleton crews and skeleton sporting good merchandise... it's like a 7-11 of sporting goods now. We had 2-3 folks working a shift in sporting goods back then and always somebody at the counter with the 40 ish guns we had on display including pistols.... now they have one guy roaming 3-4 departments and crap for merchandise.
Billionaire Wal-Mart heiress Alice Walton was convicted Friday on all four counts in a drunken driving case and could be sent to jail for a year when she is sentenced July 2.
Lol, I've known her a long time from the cutting horse business, some people never learn. You would think after killing someone while DWI she would have a driver but then she gets another dwi in weatherford on her birthday in 2011 and of course charges are never filed.. Money talks here for sure with our prosecutors and judges.
If you are billionaire with multiple DWIs who can't/won't give up the bottle, why wouldn't you hire a full time driver? I guess never having to pay the consequences for your screw ups makes you feel bullet proof. Last summer I chatted with her for about 1/2hour while we were both waiting to see the eye doctor. It didn't dawn on me who she was until later -
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