Black People : Dollar Tree Buying Family Dollar Could Be Bad News For Wal-Mart and Dollar General

Clyde C Coger Jr

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Oh boy, ... still making billions off the poor :facepalm:

Multimillion-dollar settlement could signal end of Charlotte’s dollar-store drama
BY KATHERINE PERALTA

... Dollar Tree sued Charlotte-based Dollar Express in June, alleging that the newly formed chain and its owners siphoned off funds and failed to pay Dollar Tree over $50 million for goods and services.

http://www.charlotteobserver.com/news/business/article193787519.html
upload_2018-1-11_10-47-3.png
Customers exit a Dollar Tree Inc. store in Shelbyville, Kent., on Friday, May 15, 2015. In the latest development in an ongoing and complicated dollar-store drama, Charlotte-based Dollar Express and Dollar Tree have settled a pair of lawsuits filed last summer. Luke Sharrett Bloomberg



 

Symbol of America

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Even if Dollar Tree, General Dollar, Family Dollar or Millsberg's infamous Hootchies Dollar store combined they wouldn't be one blip on the radar of Wal-Mart who rakes in a cool 485 billion dollars a year. Even if they attempted to open 24 hours and expand half their stores to match The highly successful 24 hour Super Wal-Marts they'd never recoup their expansion investments. Target or should I say Targea' who some consider upscale with their overpriced glitz products tried the superstore model and even a brief but failed 24 hour model and failed miserably. Our government long sold us out by guaranteeing China's vast profit picture to be lucrative at all cost lest they call in our loan. It's called bottoms up diplomacy.

Now bow before the master.

Walmart-money-by-year.jpg
 

Clyde C Coger Jr

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Even if Dollar Tree, General Dollar, Family Dollar or Millsberg's infamous Hootchies Dollar store combined they wouldn't be one blip on the radar of Wal-Mart who rakes in a cool 485 billion dollars a year. Even if they attempted to open 24 hours and expand half their stores to match The highly successful 24 hour Super Wal-Marts they'd never recoup their expansion investments. Target or should I say Targea' who some consider upscale with their overpriced glitz products tried the superstore model and even a brief but failed 24 hour model and failed miserably. Our government long sold us out by guaranteeing China's vast profit picture to be lucrative at all cost lest they call in our loan. It's called bottoms up diplomacy.
Now bow before the master.
"... Our government long sold us out by guaranteeing China's vast profit picture to be lucrative at all cost lest they call in our loan."


Good post, but is there a nexus I'm not understanding between China, Walmart and money borrowed by the government, somehow, please explain?


U.S. Debt to China: How Much Does It Own?
Exactly How Much U.S. Debt Does China Own? And Why?


The U.S. debt to China is $1.2 trillion as of October 2017. That's 19 percent of the $6.3 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $20 trillion national debt is owned by either the American people or by the U.S. government itself ...

https://www.thebalance.com/u-s-debt-to-china-how-much-does-it-own-3306355


...


 

Symbol of America

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"... Our government long sold us out by guaranteeing China's vast profit picture to be lucrative at all cost lest they call in our loan."


Good post, but is there a nexus I'm not understanding between China, Walmart and money borrowed by the government, somehow, please explain?


U.S. Debt to China: How Much Does It Own?
Exactly How Much U.S. Debt Does China Own? And Why?


The U.S. debt to China is $1.2 trillion as of October 2017. That's 19 percent of the $6.3 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $20 trillion national debt is owned by either the American people or by the U.S. government itself ...

https://www.thebalance.com/u-s-debt-to-china-how-much-does-it-own-3306355


...

Sorry for the confusion, I am just using Wal-Mart as just one minuscule example of China's control of our economic structure in our lopsided tenuous agreement with China regarding international trade, distribution, marketing and retail sales. The "Dollar Outlet" business model is based on hit and miss shelf stocking from bids and discontinued bulk item purchases of inferior and unsafe sundries at rock bottom prices that in some way they feel is only attractive to low income consumers. When NAFTA reared it's ugly head to the detriment of Americans as a whole China, Canada, Thailand and Mexico made out like bandits. Mexico is a very wealthy country more then most people even realize but their investment and lending model is very conservative, China on the other hand spends billions in volatile ventures and brute forces them to become profitable by any means necessary. Wal-Mart was a decent brick and mortar company until Sam Walton passed away then the greed took over and even though Wal-Mart is now an uncaring global profiteer "that eventually entered the pay to buy our goods scam (Sams) and don't expect us to bag them for you" their Chinese suppliers put a virtual lock on Wal-Marts supply chain by selling them everything from A to Z making Wal-Mart along with every other wholesale and retail business partner in America susceptible to defective merchandise lawsuits while China being a foreign entity not subject to American quality control standards bearing responsibility for damage, pain or suffering and was immune to such. The most damning and glaringly criminal example to date was the infamous Chinese drywall scandal. Many American drywall suppliers were and still are respondents to singular and class action lawsuits with Lowes taking the biggest hit.

www.prospect.org/article/wal-mart's-china-connections

https://www.walmart.com/ip/The-China-Connection/558737739

https://www.pbs.org/wgbh/pages/frontline/shows/walmart/secrets/wmchina.html

www.barrons.com/articles/jd-wal-mart-make-a-chinese-connection-1466535856

www.allnewspipeline.com/Walmart_Closings_And_Jade_Helm.php

The secret Clinton/Wal-Mart/Chinese dirty deal.

www.allnewspipeline.com/Hillary_Wal_Mart_Red_Chinese_Secret_Police.php

www.wal-martchina.com/english/walmart/

https://en.wikipedia.org/wiki/Walmart

https://www.thedailybeast.com/how-china-could-crash-the-global-economy

www.heritage.org/asia/report/chinas-influence-africa-implications-the-united-states

https://www.ft.com/content/da94e4e2-1787-11e7-9c35-0dd2cb31823a

https://www.state.gov/r/pa/ei/bgn/18902.htm

https://www.imf.org/EXTERNAL/PUBS/FT/ISSUES8/INDEX.HTM

https://www.quora.com/How-dependent-is-the-US-economy-on-China

https://www.brookings.edu/research/the-future-of-u-s-china-trade-ties/

www.foreignpolicy.com/2017/05/12/the-united-states-is-losing-asia-to-china

www.billmoyers.com/story/chinese-debt-explained/

www.abovetopsecret.com/forum/thread1074758/pg1

www.bbc.com/news/business-24453400

https://en.wikipedia.org/wiki/Chinese_drywall

Flag_of_Federal_Republic_of_China.png

walmart-store.jpg

imflogo.jpg

wto.png

263px-Seal_of_the_United_States_Department_of_the_Treasury.svg.png





 

Clyde C Coger Jr

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Sorry for the confusion, I am just using Wal-Mart as just one minuscule example of China's control of our economic structure in our lopsided tenuous agreement with China regarding international trade, distribution, marketing and retail sales. The "Dollar Outlet" business model is based on hit and miss shelf stocking from bids and discontinued bulk item purchases of inferior and unsafe sundries at rock bottom prices that in some way they feel is only attractive to low income consumers. When NAFTA reared it's ugly head to the detriment of Americans as a whole China, Canada, Thailand and Mexico made out like bandits. Mexico is a very wealthy country more then most people even realize but their investment and lending model is very conservative, China on the other hand spends billions in volatile ventures and brute forces them to become profitable by any means necessary. Wal-Mart was a decent brick and mortar company until Sam Walton passed away then the greed took over and even though Wal-Mart is now an uncaring global profiteer "that eventually entered the pay to buy our goods scam (Sams) and don't expect us to bag them for you" their Chinese suppliers put a virtual lock on Wal-Marts supply chain by selling them everything from A to Z making Wal-Mart along with every other wholesale and retail business partner in America susceptible to defective merchandise lawsuits while China being a foreign entity not subject to American quality control standards bearing responsibility for damage, pain or suffering and was immune to such. The most damning and glaringly criminal example to date was the infamous Chinese drywall scandal. Many American drywall suppliers were and still are respondents to singular and class action lawsuits with Lowes taking the biggest hit.

www.prospect.org/article/wal-mart's-china-connections

https://www.walmart.com/ip/The-China-Connection/558737739

https://www.pbs.org/wgbh/pages/frontline/shows/walmart/secrets/wmchina.html

www.barrons.com/articles/jd-wal-mart-make-a-chinese-connection-1466535856

www.allnewspipeline.com/Walmart_Closings_And_Jade_Helm.php

The secret Clinton/Wal-Mart/Chinese dirty deal.

www.allnewspipeline.com/Hillary_Wal_Mart_Red_Chinese_Secret_Police.php

www.wal-martchina.com/english/walmart/

https://en.wikipedia.org/wiki/Walmart

https://www.thedailybeast.com/how-china-could-crash-the-global-economy

www.heritage.org/asia/report/chinas-influence-africa-implications-the-united-states

https://www.ft.com/content/da94e4e2-1787-11e7-9c35-0dd2cb31823a

https://www.state.gov/r/pa/ei/bgn/18902.htm

https://www.imf.org/EXTERNAL/PUBS/FT/ISSUES8/INDEX.HTM

https://www.quora.com/How-dependent-is-the-US-economy-on-China

https://www.brookings.edu/research/the-future-of-u-s-china-trade-ties/

www.foreignpolicy.com/2017/05/12/the-united-states-is-losing-asia-to-china

www.billmoyers.com/story/chinese-debt-explained/

www.abovetopsecret.com/forum/thread1074758/pg1

www.bbc.com/news/business-24453400

https://en.wikipedia.org/wiki/Chinese_drywall

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As usual, the plethora of links and sources you provide are on point. Nevertheless, I don't see a trifecta, so to speak. In other words, no contrived nexus exists between Walmart, China and our government.

Referring to the link you provided:

https://www.pbs.org/wgbh/pages/frontline/shows/walmart/secrets/wmchina.html
From the beginning, Sam Walton and Wal-Mart focused on buying goods as cheaply as possible, which often meant buying imports. Here is an examination of the history of Wal-Mart's procurement practices in Asia and China -- even through its own "Buy American" promotional campaign in the 1980s and 1990s -- and the prognosis for the future.

It establishes that Sam was indeed the culprit, and not the other way around as put ...

"Wal-Mart was a decent brick and mortar company until Sam Walton passed away then the greed took over ..."

Moreover, our government has no control over Walmart buying the cheapest goods available nor is there any control we can exert, even with "trade agreements," to prevent China from devaluing its currency through manipulation, among many other advantages it enjoys.

So, Walmart, on its own, has accomplished exactly what it intended, and that is to devour retail sales, globally, by every means necessary.

...
 
Last edited:

Clyde C Coger Jr

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Clyde C Coger Jr

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We visited Dollar Tree and Dollar General to see which was a better store — and the winner was clear

Mary Hanbury

The verdict: Dollar General was leaps and bounds ahead of Dollar Tree in terms of the shopping experience and quality of products. It felt as if Dollar Tree were relying on the fact that its low prices would always draw customers in, and while this may be true, Dollar General definitely seemed like a bigger threat to stores like Walmart ...

http://www.businessinsider.com/dollar-tree-dollar-general-compared-pictures-details-2018-3

Dollar Tree offers a no-frills shopping experience.
Business Insider/Mary Hanbury

On average, the company's stores are 7,300 square feet in size. Considering this is one-tenth of the size of a Walmart store, we were impressed by the variety of products on offer.
Business Insider/Mary Hanbury
Source: Dollar General



 

Clyde C Coger Jr

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15 Things You Should Never Buy at Walmart

Megan Elliott
MORE ARTICLES



1. Groceries
Walmart sells more groceries than any other retailer in the United States, but that doesn’t mean consumers actually like shopping there, the store came in dead last in Consumer Reports’ 2017 ranking of America’s supermarkets; though the prices are right, people were less impressed with the produce selection, bakery, and meats. The store is rolling out new services like curbside pickup, though, which could improve shoppers’ perception of the chain ...

https://www.cheatsheet.com/money-career/5-things-you-should-never-buy-at-walmart.html/?ref=YF&yptr=yahoo

Walmart doesn’t always give you the best deals. | iStock.com
 

Clyde C Coger Jr

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All I can do is :facepalm: ... A Catch 22.


Dollar stores are thriving – but are they ripping off poor people?

Joe Eskenazi in San Francisco

The Guardian


...The bags of flour at a Dollar Store just south of San Francisco cost only $1, but they also only weigh two pounds. Most bags in the supermarket are five pounds, and can be scored for less than $2.50 at cavernous retailers like Walmart or Costco – though these require time and, often, a car to access.

https://www.yahoo.com/news/dollar-stores-thriving-ripping-off-100005060.html


A Family Dollar store in Queens. By weight, items can actually work out more expensive than Walmart or Costco, for instance. Photograph: Bloomberg/Bloomberg via Getty Images

 

Clyde C Coger Jr

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Why Dollar Tree and Dollar General Shares Are Headed in Different Directions

https://finance.yahoo.com/news/why-dollar-tree-dollar-general-183200887.html
...When Dollar General Corp. (NYSE: DG) and Dollar Tree Inc. (NASDAQ: DLTR) reported quarterly earnings in tandem on Aug. 30, investors reacted unfavorably to each, at least initially. Dollar General shares lost roughly 1% on Aug. 30, yet as of this writing, shares have recovered and added 4% of appreciation, Dollar Tree stock, however, dropped 15.5% during the Aug. 30 trading session, and it's recovered only 2 percentage points of value to date.



Asit Sharma, The Motley Fool
Motley Fool




 

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