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Old 01-06-2011, 08:17 AM
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Buick Electra Buick Electra is offline
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Exclamation China buys (Now Owns) Wal-Mart??????

Are there any managerial-type Wal-mart employees on TOL?

I just received notification from my SIL that China HAS BOUGHT Wal-Mart. She heard this from a relative of hers who is in a managerial position with Wal-Mart, and said this is being kept hush-hush for now. A couple of the changes that have taken place she said is that Wal-Mart is now without the dash and is simply Walmart. Another change is that the smiley face has been replaced with a Chinese symbol.

I tried Googling this but nothing comes up. I did however, find a Walmart in China site and am wondering (since I don't shop at Wal-Mart) if this is the new symbol that has replaced the smiley face...(the yellow dash thing). http://www.wal-martchina.com/english/



Why the big secret I wonder? Wal-Mart is already stocked with 99% of crap from China, and that doesn't stop people from shopping there . I doubt the fact that China now owns Wal-Mart (If it really does) will send the masses running.

Lastly, Walmart (no hyphen) will be letting all full-timers go, making everyone part-time, and supposedly, everyone will be paid strictly minimum wage.

If anyone can confirm any of this, I'd be appreciative.
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Old 01-06-2011, 08:32 AM
joyfulheart joyfulheart is offline
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well, snopes.com didn't say anything about it.
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Old 01-06-2011, 08:50 AM
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Btt - would be interesting if they did.

K-
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Old 01-06-2011, 01:46 PM
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Quote:
Originally Posted by Buick Electra View Post
I did however, find a Walmart in China site and am wondering (since I don't shop at Wal-Mart) if this is the new symbol that has replaced the smiley face...(the yellow dash thing).

If anyone can confirm any of this, I'd be appreciative.
Here is a link to their facebook page with the new symbol.

http://www.facebook.com/walmart
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Old 01-06-2011, 01:52 PM
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FWIW, the logo was changed and the hyphen was deleted from the Walmart name in summer of 2008.
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Old 01-06-2011, 02:11 PM
CMAR CMAR is offline
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I'll see if I can get any info. My bestfriend from highschool has a BIL in a VERY high up position in Bentonville. I just emailed him for an inquiry. I'll post anything I find out.
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Old 01-06-2011, 02:14 PM
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I think it would be interesting to find out, but like you said, it probably won't change many people's shopping habits.
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Old 01-06-2011, 02:18 PM
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just one more reason NOT to shop at crapmart
straightstreet<><
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Old 01-06-2011, 08:39 PM
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Quote:
Originally Posted by straightstreet View Post
just one more reason NOT to shop at crapmart
straightstreet<><

What Straightstreet said.
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Old 01-06-2011, 09:35 PM
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Well WalMart is a publicly held company--i.e. stocks. So I'm sure that there are some Chinese that own shares. Now whether the Chinese Gov't holds a controlling number of shares--I don't know.
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