Boots & Sabers

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Owen

Everything but tech support.
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2154, 10 Sep 18

Evil Walmart Forces Cash into Employees’ Pockets

SHAME!

WEST BEND — More than 915,000 Walmart associates across the country received a share of more than $200 million in cash bonuses based on their stores’ second-quarter performance, the company announced Friday.

The bonuses were included in associates’ paycheck Thursday.

In Wisconsin, hourly associates received $4.33 million.

According to a news release, these bonuses came on the heels of the best performance for Walmart U.S. in more than 10 years — with comp sales growth (excluding fuel) of 4.5 percent — along with an increase in customer traffic of more than 2 percent.

Perhaps more interesting is that Walmart seems to be bucking the trend to online shopping while other brick-and-mortar retailers are dying. Or are all stores seeing a boost in this booming economy? It will be interesting to see the performance of other stores over the next few quarters.

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2154, 10 September 2018

1 Comment

  1. Kevin Scheunemann

    Function of a Trump and Walker administration allowing business to thrive!

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