Walmart Paid Its People More to Get Cleaner Stores and Higher Sales

Re:Walmart Paid Its People More to Get Cleaner Stores and Hi... by nickpsecurity on Saturday October 15, 2016 @01:56PM (#12714973)

Then compare Walmart to Kroger and Publix. Publix charges around 10% more than Walmart per Walmart's ads in exchange for more variety, fast checkout, and high service. Kroger charges a mix of that and Walmart prices on things to attract basically every demographic with similar benefits offered to customers. Both pay workers well with benefits with Publix treating them well. The result is the two collectively sucked $135 billion a year out of Walmart's potential revenue.

So, the highest profit and customer satisfaction companies in Walmart's model & market get there by providing decent pay, benefits, and job security to workers plus treating them better in Publix case. Same pattern emerges in lots of other industries. Probably better than what Walmart was doing. That Walmart keeps copying Kroger and Aldi, but not Publix which is employee-focused ;), shows they know those methods are better. Their management greed and control-freak nature makes them adopt more selectively and slowly.

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Re:Walmart Paid Its People More to Get Cleaner Stores and Hi... by maxerickson on Saturday October 15, 2016 @02:44PM (#12715154)

Kroger and Publix both seem to offer ~50,000 items in their larger stores.

They don't have a full department store and will thus likely have a greater variety of groceries than the Walmart, but they don't have greater variety overall. I would argue that they are a 3rd variety of big box (along with mega stores and club stores), not the same as Walmart.

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Re:Walmart Paid Its People More to Get Cleaner Stores and Hi... by nickpsecurity on Saturday October 15, 2016 @02:55PM (#12715200)

Grester variety in food. I should've specified that. Also a lot of higher-quality stuff or at least branded as such.

Edit: It should be noted that Kroger is moving that direction with its Fred Meyer-style stores. They're more like Walmarts and Targets. Walmart even converted a failed store into a Walmart once although Im not sure the size of that one. Kroger is opening a Fred-style store close to me with descriptions that sounded like a Walmart. Will be interesting to see if these work and what effect they'll have on profit.

https://en.m.wikipedia.org/wiki/Fred_Meyer

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