Friday, April 07, 2006

Wal-Mart Realty

I had no idea that Wal-Mart had their own Realty website. I like the little ads on the bottom of the page requesting you shop at Wal-Mart and Sam's. Of course not the stores that are listed for sale on the website.

Go here to see the full color pdf for the sale of the Brockport, NY Wal-Mart store. 98,578 sq ft, 13.76 acres and 360 ft wide by 269 ft deep. Maps, floor plans, population facts and all are provided. Or maybe you would prefer Geneseo, NY. I guess Geneseo got a new 204,137 square-foot Wal-Mart Supercenter.

Is Wal-Mart Leaving or Not?

From Chicago Tribune:

When the tiny village of East Dundee landed one of the first Wal-Mart stores in the Chicago area 15 years ago, officials gave the retail giant a tax break as a welcome present.

Now it seems Wal-Mart Co. is planning to pack up its wares and leave the Kane County town. Apparently, however, it forgot to give notice to the village, its customers or even employees.
East Dundee officials were stunned to learn via a commercial real estate listing last week that Wal-Mart would vacate the 120,000-square-foot store at Higgins Road and Dundee Avenue by winter of 2007.

Losing the store would blow a huge hole in the village's budget. The Wal-Mart provided $365,000 of the village's $1.9 million in sales tax revenue for 2004-05, interim Village Manager Paul Nicholson said.

Wal-Mart spokesman John Bisio called the listing premature and said he had no knowledge of plans to shut the East Dundee store but would not rule it out.

More here and here.

A Question for Wal-Mart - Answered

Asked below on March 27th. One answer today: Wal-Mart's Dirty Secret.

In the past few years, Wal-Mart has:

Opposed the introduction of anti-terrorist "smart containers" and electronic seals for cargo containers coming into U.S. ports. The retail industry called them "feel good (security) measures."
Opposed independent and regular inspections of supply-chain security practices around the world.
Opposed tougher rules requiring Wal-Mart to let Customs know what it's shipping in and where it comes from.
Opposed new container-handling fees to pay for improved port security.
The corporate lobbyists at RILA boasted in a 2005 lobbying report to Wal-Mart and other retailers about its "continued industry leadership in opposition to ill-advised and onerous port security measures (i.e., cargo fees, increased physical inspections)." In fact, beating back meaningful port security measures topped RILA's agenda.

RILA responds here.

Thursday, April 06, 2006

Wal-Mart "is as American as mom and apple pie"

Media Matters has a good summary of why this may not be true.

My Mom doesn't strike me as the kind of person who would perfect an apple pie recipe and then outsource the production of that apple pie to Chinese children making 5 cents an hour. It just isn't in her character.

From pete592 / Wednesday March 22, 2006 02:03:44 PM EST in discussion section located on the above link. Priceless.

Wednesday, April 05, 2006

Wal-Mart Visits

Domain Name ? (Commercial)
IP Address 161.165.196.# (Wal-Mart Stores)
ISP Wal-Mart Stores
Location Continent : North America
Country : United States (Facts)
State : Arkansas
City : Bentonville
Lat/Long : 36.2995, -93.9568 (Map)
Distance : 1,144 miles

We get an occasional visit from Bentonville. You would get more support for a smaller downtown Wal-Mart in Saranac Lake guys.

Tuesday, April 04, 2006

WalMart Continues Fight to Win Hearts and Minds

WalMart has instituted an economic development program that will locate new stores in economically blighted areas. In an attempt to put on a better face Wal-Mart has plans to establish 10 "jobs and opportunity zones." The first of these will be located in the Chicago area.

"The zones will encompass the Wal-Mart store and a host of local businesses and suppliers with which Wal-Mart will work to increase job creation and economic opportunity in surrounding neighborhoods," Wal-Mart said in a statement.

Read more here.

Monday, April 03, 2006

Wal-Mart Dethroned By Exxon Mobil - Fortune 500

Exxon Mobil tops the Fortune 500 list for 2005 beating out Wal-Mart. While Exxon had revenues of 340 billion dollars, an increase of 25.5% over 2004 (what a surprise), Wal-Mart only had revenues of 315.6 billion dollars. An increase of 9.5% over 2005. Article here.