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Thread: China buys (Now Owns) Wal-Mart??????

  1. #1
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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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  2. #2
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    well, snopes.com didn't say anything about it.

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    Btt - would be interesting if they did.

    K-
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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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  5. #5
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    FWIW, the logo was changed and the hyphen was deleted from the Walmart name in summer of 2008.
    All best,
    Cyberiot

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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.

  7. #7
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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.
    IF you are willing & obedient , you shall eat the good of the land: But if you refuse & rebel, You shall be devoured with the sword: for the mouth of the LORD hath spoken it. Isaiah 1:19, 20

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    just one more reason NOT to shop at crapmart
    straightstreet<><
    Acts 9:10-12

    In Damascus there was a disciple named Ananias. The Lord called to him in a vision, "Ananias!" "Yes, Lord," he answered. The Lord told him, "Go to the house of Judas on Straight Street and ask for a man from Tarsus named Saul, for he is praying. In a vision he has seen a man named Ananias come and place his hands on him to restore his sight."

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    Quote Originally Posted by straightstreet View Post
    just one more reason NOT to shop at crapmart
    straightstreet<><

    What Straightstreet said.

  10. #10
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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.
    "Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. ...those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."
    C.S. Lewis



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