Is WalMart In Terminal Decline? This Chart Is One More Reason To Think So
We’ve spilled quite a bit of digital ink documenting WalMart’s trials and travails since the world’s largest retailer moved last year to implement an across-the-board wage hike for its lowest-paid employees.
That decision led directly to a series of unfortunate events including a move to squeeze extra savings out of suppliers and an effort to recoup the money spent on the wage hikes by - you guessed it - firing people, including dozens at the home office in Bentonville.