The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label walmart. Show all posts
Showing posts with label walmart. Show all posts

Wednesday, March 1, 2017

World's largest retailer Walmart pushing customers towards eliminating use of cash in their stores

As governments around the world mull over, or actually start to implement the elimination of physical cash, the world's largest retailer Walmart is now jumping onto this bandwagon.

In a new initiative announced on Feb. 28, the retail giant updated their mobile app with a new feature meant to entice customers to perform their pharmaceutical and money changing activities online, with the carrot incentive of no longer having to wait in line to fill out their documentation or to pay for these services.

Image result for walmart cashless
Walmart yesterday launched a new initiative in its drive towards zero-cash at its stores. 
The world's largest retailer has added a new feature to its mobile app, which would allow its pharmacy and money services customers to beat long queues, The Street reported.
Whether it was about refilling a prescription or wiring money, all tasks could be done without paperwork and checking prescriptions before stepping into the store, the report said. 
Walmart said while customers would still need to visit the store to pick up prescriptions and verify payments made through money services, express lanes would be set up to cut waiting times to as little as 40 seconds as against six to 11 minutes at present.
The app and express lanes would be introduced at 1,200 locations in March,  and extended to 4,700 US stores by the fall. - Domain B
In 2016 Walmart introduced an app called Walmart Pay in which customers would no longer need to use physical cash, or even receive a physical receipt when checking out as they would pay and document their purchases completely on their smartphones.

While cashless retail shopping is not widespread in the U.S. at this time, a growing number of countries in Europe are nearly 100% cashless, with many of their own retailers no longer even accepting physical cash as payment for items or services.

Friday, April 8, 2016

First it was global production, now Chinese company surpasses Walmart as world’s largest retailer

On April 5, the SEC reported that China’s e-commerce behemoth Alibaba has now surpassed Walmart as the world’s largest retailer, putting China clearly in the top spot for global production, and rising retail market share.
In fact, Alibaba’s success marks a paradigm shift, where the world’s largest e-commerce company is now bigger than the world’s largest brick and mortar retailer.
China’s e-commerce site Alibaba has become the world’s largest retail platform, according to a US Securities and Exchange Commission (SEC) filing released on Tuesday.
Alibaba has yet to announce the financial results for the last quarter of its fiscal year ending on March 31, but the statement makes it clear the company has outpaced Walmart that posted revenues of $482.1 billion for its fiscal year ending January 31.
In the fortnight before the filing, the Chinese retailer said it had reached 3 trillion yuan (about $476 billion) in Gross Market Value (GMV).
“With 10 days remaining in our fiscal year ending March 2016, Alibaba’s China retail marketplace platforms surpassed 3 trillion yuan in GMV. That is about $476 billion and, if the platforms we operate were a province, we would rank as the 6th largest provincial economy in China,” said Alibaba’s Executive Vice Chairman Joe Tsai in a blog post on March 21.
The company’s record-breaking sales show that China, as the world’s largest retail market, has switched from offline to online, Alibaba said. - Russia Today
Another interesting fact about Alibaba is that directly and indirectly, they support 15 million jobs where Walmart employs only 2.1 million workers.
welcome to walmart
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Friday, February 5, 2016

Retail closures scream recession

First it was Macy’s, who within days of the start of the new year announced store closures and layoffs, and was quickly followed by bell wealth company Walmart, who doubled down and reported the closure of hundreds of stores.  And now we can include at least six more major retailers who are shuttering down their low revenue outlets as economic conditions scream recession a little more than a month into 2016.
Contrary to mainstream business news, last year’s holiday shopping season was a major disappointment with sales growth worse than in 2014.  And after two years of blaming cold weather on slumping sales, these same pundits switched course and blamed warm weather instead.

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Sunday, January 17, 2016

Walmart! Macy’s! When will they finally admit consumers are broke?

Only on CNBC, and in the research rooms of the big banks, could Ivy League analysts have the temerity to spin consumer spending and retail data to be a vision of unicorns and rainbows (and don’t forget the skittles).  But for those looking at information at face value, it is impossible to deny that the economy is in recession.
And one of the data points that practically assures this truth is what is happening to retailers just weeks after the end of the Christmas holiday season.

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