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The Economy

Discussion in 'Sports and News' started by TigerVols, May 14, 2020.

  1. Neutral Corner

    Neutral Corner Well-Known Member

    I certainly do. I've stood around waiting for the person with the key to show up often enough that I come close to writing a thank you letter to corporate. I don't shop the Superstore near me very often, but sometimes it just makes sense to. I hate the waiting, and I've left at least twice after waiting more than fifteen minutes and not getting my item. I'm certain that the store has a massive shrinkage problem and I fully understand locking up small valuable things. The app will make it much easier to deal with.
     
  2. WriteThinking

    WriteThinking Well-Known Member

    Walmart will make it, as you said. Its Pharmacy and Vision Center operations, in fact, are growing, and being highlighted even within the company over the past year. Walmart has long had a pharmacy-technician training program, and now, recently, it started an optician's-assistance training program, and associates are being encouraged to enroll and fill all the openings that have been coming up lately in those departments after getting qualified.

    The Pharmacy and Vision Center each used to be totally separate, outside operations within the store -- sort of like when stores have a McDonald's in them. But last year, they were rolled into Walmart operations like any other departments/jobs, and I'm actually kind of considering going through one of the training programs to work in one area or the other. I think I'd rather work in the Vision Center, but there are more opportunities in Pharmacy, so I haven't decided on anything for sure yet.
     
  3. LanceyHoward

    LanceyHoward Well-Known Member

    I keep expecting Walmart to become more aggressive and try to take market share in pharmaceuticals, I would think they could leverage the competitive of having a good home delivery service to offset the fact they do not have as many locations as CVS Walgreens.
     
  4. 2muchcoffeeman

    2muchcoffeeman Well-Known Member

    No, they’re buying them at Walmart.
     
  5. Hermes

    Hermes Well-Known Member

    Why not both?

    We order the things we know we need far ahead and that get used in predictable timelines like razors, tampons and make-up online and pick up the last-second things that get used in unpredictable timelines like ibuprofen and lotion at Meijer, Target and Walmart.

    I bet we’re not alone in that. There’s enough market for both to exist, I’d imagine.
     
    2muchcoffeeman likes this.
  6. Driftwood

    Driftwood Well-Known Member

    We have coffee delivered every two weeks from Amazon.
     
  7. LanceyHoward

    LanceyHoward Well-Known Member

    Walmart's and the two large national drugstore chains, Walgreens and CVS, proliferated at roughly the same time and have been around a few years. But it is only now that the drugstore chains have started to close stores.

    The comparative advantages that drugstore chains had over supermarket chains like Krogers that had pharmacies were convenience and also a better selection and display of health and beauty items. If you walk into the typical chain drugstore the health and beauty section will be up front, better lighted and have a better selection than the typical grocer.

    Amazon offers even more convenience and a better selection and more convenience. Walk into a chain drugstore and see how much foot traffic is in the health and beauty aid section.

    Another problem has been the rise of the internet. My local CVS has three rows of paper greeting cards for sale. About as many people now send paper greeting cards as subscribe to newspapers.
     
  8. dixiehack

    dixiehack Well-Known Member

    CVS could be profitable again from the savings on paper if they would make receipts half the current length.
     
  9. Driftwood

    Driftwood Well-Known Member

    Digital receipts!
     
  10. tea and ease

    tea and ease Well-Known Member

    Happy Harry's to Walgreen's buyout is an American bootstrap story. Harry was an early disrupter on what "always has been." This is my neck the woods. His son Alan had a public high school education... to Tulane... to local Law School... to... CEO... to sell. Harry did the hard lifting, Alan pushed it over. That being said, I don't understand why any of these stores don't just shutter entrances, turn entrances into pick-up windows, turn cashiers into shoppers, keep their stock the same, and offer same day no cost pick up.
     
    Last edited: Jan 25, 2025
  11. Hermes

    Hermes Well-Known Member

    So it turns out basing the entire stock market’s growth on pyramid scheme AI development was a bad idea?

    They put $200 billion into something the Chinese are already better at, ruined search and helped destroy the planet and topped it off by bending the knee to Trump.

    Real Bond villain stuff where not only are they evil, they’re stupid.
     
    sgreenwell and 2muchcoffeeman like this.
  12. DanielSimpsonDay

    DanielSimpsonDay Well-Known Member

    As one sector analyst put it, for something that requires $1T in investment, what $1T problem does it solve?
     
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