2007-10-24 06:11:05 · 28 answers · asked by Anonymous in Business & Finance ➔ Investing
And what on earth would make you think Wal-Mart will go bankrupt? This is the most profitable marketing chain there is.
2007-10-24 06:13:48 · answer #1 · answered by Anonymous · 0⤊ 2⤋
Excellent question and you are very perceptive to be asking it. Sam Walton is long dead, and the board of directors have totally abandoned his principles. First they cut manpower to the core. Then they began relying on 'part time' employees who they do not have to pay full benefits to, now they have entirely dismissed the 'American made' products and buy crap from the cheapest vendors, generally China. Each of these things was done to increase the profit margin so the stock value would continue to increase to keep the stockholders happy. Now there's really not many corners left to cut, the stock value is stagnant or receding, and the 'big guys' are making plans to bail out with golden parachutes when they've milked this cow for all they can get. The end will come probably a lot like the old 'Ma' Bell telephone company scenario, although I don't think the government will ever have to go the anti-trust route with Wal-Mart because it really is about to collapse under its own weight. Most likely it will be divided into 'regional' parcels, then nibbled away by competitors/hostile takeovers/mergers. Remnants will remain for years but the marrow is dying and the end is coming.
2007-10-24 13:38:47 · answer #2 · answered by rumplesnitz 5 · 0⤊ 1⤋
One day another store will knock Wal Mart out of the top spot. It probably wont be for another 10-15 years but one day it will happen. Nobody can stay on top forever. I recall back in the 80s, Sears was the top dog. Nobody ever thought the likes of a Wal Mart could outsell Sears. Now look.
Who will it be to take their place? Probably some chain of stores we havent even heard of yet. When it happens it will be the same old **** though.
EDIT:
Those who think it cant happen, look at the auto industry. If you would go back in time 30 some years ago and said one day little Toyota would be challenging GM for the top spot, and passing up Chrysler and Ford people would have laughed at you and said you were drunk.
No company can stay on top forever.
2007-10-24 13:15:24 · answer #3 · answered by Anonymous · 1⤊ 1⤋
What makes you thing Wal Mart is going under?
2007-10-24 13:13:38 · answer #4 · answered by WC 7 · 1⤊ 1⤋
as an economics teacher i believe that best buy will because their looking for a new store to open and since wal-mart is just around the corner then its a perfect match
2007-10-24 13:14:52 · answer #5 · answered by Anonymous · 1⤊ 1⤋
What would make you think that Wal-Mart would ever go bankrupt?
2007-10-24 13:14:00 · answer #6 · answered by Anonymous · 1⤊ 1⤋
Wal-Mart is the 24th MOST PROFITABLE COMPANY IN THE WORLD and they made $11,284,000,000.00 USD in 2006
That is enough to buy a 9% stake in Eni (The 23th most profitable company in the World)
2007-10-24 18:07:23 · answer #7 · answered by Anonymous · 0⤊ 1⤋
wal-mart will never go bankrupt... it makes millions on its yearly revinues.... so even if customers were to just stop going there still going to have the money to out buy anyone
2007-10-24 13:14:17 · answer #8 · answered by mvp_pimp23 2 · 1⤊ 1⤋
Hopefully Kmart.
2007-10-24 13:14:56 · answer #9 · answered by dorrie11206 5 · 0⤊ 1⤋
Microsoft
2007-10-24 13:23:23 · answer #10 · answered by Justin 2 · 0⤊ 2⤋