huffingtonpost.com/david-macaray/why-did-walmart-leave-ger_b_940542.html [...] >One issue was the chanting. Walmart employees are required to start their shifts by engaging in group chants and stretching exercises, a practice intended to build morale and instill loyalty. Fiendish as it sounds, Walmart employees are required to stand in formation and chant, “WALMART! WALMART! WALMART!” while performing synchronized group calisthenics. >Unfortunately, this form of corporate boosterism didn’t go over particularly well with the Germans. Maybe they found it embarrassing or silly; maybe they found it too regimented. Or maybe they found this oddly aggressive, mindless and exuberant exercise in group-think too reminiscent of other rallies....like one that occurred in Nuremberg several decades earlier.
>Another issue was the smiling. Walmart requires its checkout people to flash smiles at customers after bagging their purchases. Plastic bags, plastic junk, plastic smiles. But because the German people don’t usually smile at total strangers, the spectacle of Walmart employees grinning like jackasses not only didn’t impress consumers, it unnerved them. [...]
>get scale in local distribution >get scale in local marketing >local people form habits and tend to go to the same store again and again, i.e. you have "stickiness" >scale of costs (dis and marketing) and customer stickiness leads to quite strong barriers to competitors and so you avoid hard competition and can make an economic profit
This usually leads to a local monopoly, i.e. you have a return on capital larger than the cost of capital. This is why there's typically one dominant retailer in an area. For example, here in Sweden ICA has a monopoly like business in a lot of areas. And if you go up against that kind of business you will usually lose and in Germany you already have these kinds of local monopolies established. If you want to grow your monopoly you should do it on the edges of your already existing monopoly so it doesn't make sense for Walmart to expand to Germany.
Ryan Martin
Isn't that an amazon thing?
Parker Nelson
Who cares about the economics just laugh at the discs of compressed minced meat.
Dominic Moore
interesting. I would have taught stricter labour laws and stronger unions were the reason. also burgers can't compete with based Hofer/Aldi
Nathan Martin
employees at fashion shops and cinemas here "smile" all the fucking time and the rest is 100% yanktism. >be american >get up >go wageslaving in walmart >have 10 minute gymnastic session with your co-workers because that is the only way to keep you from collapsing
Alexander Moore
You have group singing in the morning too.
Landon Clark
the american way doesn't work everywhere, specially walmart had learned this in a harsh tour here. discounters are the place where we buy mostly our stuff, so walmart had from the start a hard time here. also the americans where arrogant from the start and fought they could easily conquer this market with there way, and failed miserably.
Hmm.. I thought the chants and smiling was a meme of the internet. So they really do it?
Tyler Gray
I spit on your grave S
Jaxson Evans
Yes many companies have such "morale boosters" where they will all gather up and do interpretive dancing and stretching before their shift, in addition they will give out mandatory surveys where they will ask questions like " On a scale of 1 to 10 how much do you like your job?" of course you always answer 10 on all the questions because you dont want to get a visit from HR questioning what seems to be the problem, as this is very problematic.
I know amazon does this, as i worked in one of their ware houses, and the wal mart stretching/chanting is real, it just doesnt occur at every store.
is it as bad as people say it is working there? like constant abuse and penalties if you don't meet your quote?
Jose Brooks
That's bullshit Abdullah ibn Svenson. Agglomeration is common practice in Germany. What it means is that retailers of different price/quality segments are competing within a small but dense area. Grocery stores tend to be next to each other, as well as car dealers and furniture retailers.
Andrew Rodriguez
Worked at Walmart in a shithole area ama
Robert Jenkins
F I love you guys.
Wyatt Jackson
At working at amazon it is stressful, a guy comes by every day to tell you how many boxes youve packed and nudges you to up your number if it drops. Your basically in a giant warehouse and you feel dehumanized, it is very loud and when i left i felt for the day i felt very dizzy and tired.
It was just part time thing while in college. Lots of students do it.
Blake Evans
Is the chanting part real? There is no way it's real, right?
Brody Fisher
...
Ryan Morgan
It's real unfortunately. Me and the other teen/early 20s workers thought it was pretty cringeworthy but most of the older people and the managers got into it.
Easton Jenkins
americans love plastic things and fake colors and fake smiles, they like to post to to their fake friends and update on their fake life, all the while complaining its the corporations fault that they are so evil. These people are literally the beast incarnated exporting a beast lifestyle to the world with guns and environmental destruction, freedom in the americans words means life free of tyranny of god, life free to fuck whoever you want when you want, free to buy as much as you want and listen to the most perverted rap and consume perverted television. These people are warped, never trust an american! the american has years of indoctrination in his head and will easily betray you to his other american "friends" if it means his allegiance or job is on the line.
Blake Perez
>Agglomeration is common practice in Germany. What it means is that retailers of different price/quality segments are competing within a small but dense area No, Achmed ibn Hitler. He's right. What he said is just applied microeconomics. Those are just different market segments. You still tend to have different local monopolies for different market segments - in those different market segments you tend to have one player with a significantly larger market share then the other's and that tends to be quite consistent over time. You have semi fixed costs associated with marketing and distribution and some switching costs coming from habit etc. and so the one with significant market share has larger margins and the average profit increases with each increase in market share. In many cases you need about 20-30% local market scare to break even thus leading to significant barrier to entry. You tend to get players with 80-90% market share for their segment and if anyone comes in and tries to challenge that they can bleed them dry by slashing prices temporary thus not making it worth it to even try to break into that local market.
t. retail analyst at an investment bank
Nathaniel Sullivan
>Walmart employees are required to start their shifts by engaging in group chants and stretching exercises Lmao and I thought this was an isolated case: youtu.be/JOkQJm_UGM4
Gavin Perry
I remember as a child trying to understand what was so evil about this country, now i understand that america itself is like a beautiful whore, but inside the whore is rot and bugs and stds, and the pimps keep trying to push this whore onto others to infect them too so that everybody becomes lifeless.
The american is the definition of ignorance, the american grows up with everything he could ever need and only has to pay for it with his own logic, as long as he accepts what the television and media says is true he can have as much of the blood and sweat of the world he desires.
Nothing is above the grasp of the americans appetite, his greatest desire is to be in control of others and to tell them what to do, like father like son, the american as he gets older aqquires a taste for becoming a glutton and aqquiring as much wealth as possible so that he can control others like he was controlled when he was little.
Mason Foster
any newer clips? do they still do it in the year of the lord 2019?
Dominic Moore
It's better to be in NEETbux/welfare than to work at Walmart
James Gutierrez
"No".
Leo White
You're not European. Europeans make well reasoned arguments.
Adrian Watson
>typical nigger reasoning What do you even mean with market segmentation? Do you mean geographic segmentation? So you're saying that there are retail monopolies in Germany?
>What do you even mean with market segmentation? Do you mean geographic segmentation? I'm not a "nigger". I'm Jewish and I don't appreciate your racism btw. This is not Jow Forums.
You have segments mainly along geographical lines, thus the local nature of the monopoly like business. But yes there's also other market segments in terms of what you sell. You can even have different market segments for grocery stores on a local level. Compare Whole Foods to Walmart for example - they target different types of customers but both are (mainly) grocery stores.
> So you're saying that there are retail monopolies in Germany? You have monopoly like retail businesses on a local level yes. This is true pretty much everywhere including Germany. This is characterised by them being able to make an economic profit.
Ethan Butler
Reminder that Walmarts business model is a resounding success and they have managed to maximize employee productivity to the point where they are the #1 Fortune 500 company every year
>monopoly-like structures on a local level Oh wow so if there's only one grocery store in a fucking village with 1,000 germans it's automatically a monopoly? I guess what you're talking about is marker presence. Binding whole market segments like a certain age group within a small space is nigh unfeasable. The Internet alone has given consumers some sort of market transparence, combine that with a high mobility through almost all age/gender groups and your clients are mostly bound to you by income and habits.
You don't know what you're talking about. You still have semi-fixed costs for distribution and marketing on a local level. Having a distribution system for Northern Germany won't help you much if you want to operate in Southern Germany. Same with marketing. These costs structures very much local. And yes there's significant enough switching costs for customers. You get used to shopping at a certain store because it becomes a habit and you know where everything is there and you might even be a member of a customer loyalty program and so on. These local markets are also relatively small most of the time so you need a quite large market share to break even thus leading to a monopoly like business. With online retail this might change over time and I would say it most likely will but the transportation costs need to go down first.
Nathan Allen
Fuck off kike
We'll retake your country from you parasites one day just you wait
William Green
Walmart: >Being the genius that I am I combined 2 timeless american methods of achieving wealth. Selling stupid stuff to suckers and exploiting the mutt man.
That's the thing though, they historically got to were they are by having productive employees who they paid next to nothing. Perhaps the retail analyst ITT could expound on it better.
Jackson Rodriguez
>transportation costs need to go down first They have to go down a lot btw. Hard to know if it's even feasible in the foreseeable future when I think about it.
Jonathan Murphy
>I'm not a "nigger". I'm Jewish and I don't appreciate your racism btw. This is not Jow Forums.
nigger jew
Jayden Hernandez
I remember the Walmart in my town.- It was a miserable place, totally run down. (but you could park on the roof, which was kinda cool) When Walmart left Germany the building was bougt by a local supermarket chain. The building had to be demolished, because it was so rotten. Now it acutally is a capitalist temple with local product. 10/völkisch
Kevin Gonzalez
>mfw corporate commissars come and force employees to attend hours of company loyalty meetings and will shoot you with their Walmart-branded Colt pistols if you don't meet your quotas
Nathan Ramirez
>Having a distribution system for Northern Germany won't help you much if you want to operate in Southern Germany. Same with marketing. Shlomo, every major retailer in Germany has a well developed distribution system across all of Germany (maybe not eastern Germany but who gives a fuck). Fucking Aldi has different branches for northern and southern Germany (Aldi-Nord, Aldi-Süd). Some even have a big market share in Eastern Europe (REWE group is earning a fucking quarter of its profits in Eastern Europe & Russia) or are growing in fucking GB, Sweden and there are a few Austrian retailers opening up stores in China as a premium retailer and they're profitable. Local monopolies, you gotta be kidding me. It sounds like you fucking got a degree in the 90s.
Jace Lopez
This is what Walmart stated.
The sole truth is, Walmart was not competitive. They simply couldn't beat Aldi, Lidl, Edeka,... The result was rundown, ugly Walmarts
Juan Bell
I'm being weirded out by Walmart not being able to adapt to different cultures in order to generate profit.
This is way more plausible, if anything a business like Walmart would just change their ways in countries where it wouldn't work if it was a problem.
They do it in Poland because it is your stuff, I worked in Auchan and we never did that shit over here.
Ethan Cook
honestly don't think thats it. I just think it's because other companies were already established. no point going to a new chain if the old ones work.
Christian Bell
I love chanting. Back when I took summer camps that taught kids programming, we would all gather in a massive circle and clap and chant the words of the company. It was so catchy I remember it now Camp! Camp ID tech! Camp! Camp ID tech!
Easton Collins
Can't even retake it from us and we're dumb as shit lol
Adrian Thompson
dear lord, this is worse than communism
Jordan Jackson
>every major retailer in Germany has a well developed distribution system across all of Germany Not true.
You should grow along the edges of your local monopolies generally speaking. If you want profitable growth. The picture is of supermarkets in Germany. Notice how you only have a few major players and those are clustered in different geographical areas to various degrees.
>GB, Sweden And they're generally speaking losing shekels there - happens when they face up against saturated markets like that. ICA tend to dominate in Swedish for example.
>he spread his low tier DNA in the US i'll have you know i still have my grandparents' NSADP papers certifying their aryan purity
nice try fritz but your amerimutt memery is no match for me
Eli King
Notice how the growth is clustered locally.
Adrian Collins
I can't even say what your sourceless chart is even about but it sure didn't prove anything you've stated. The biggest market share as of 2017 had the Edeka Group with 23,5%, then there's the REWE Group with 17,5%, the Schwarz Group, the Aldi Group and the Metro Group. Please present proof that these retailers have "local" monopolies but keep in mind that we're not living in the fucking 19th century anymore. A Hartz IV recipient won't shop in an Alnatura just because the Penny is 200 metres further away. People are extremely mobile especially in urban environments and nearly everybody in rural areas has a car and tends to shop according to his income. Transportation is extraordinarily cheap (maybe not as cheap as in the fucking 60s you dumb boomer but still cheap).
Imagine now the total number of stores is over 4,000, it feels like every town of over 10,000 has one
Evan Lewis
I know a bunch of people who worked at Walmart, and they never did group stretching or chanting. It sounds like that one store was trying to apply common Japanese corporate practices.
Matthew Gonzalez
you will notice that aldi and lidl on the hand are doing pretty well in the usa.
