Vacuum Cleaners Discussions

   Customers are coming in  asking  about bags, belts and filters for cleaners that Wal Mart sells. They were told they were discontinuing these products and want the customers to go online when they need these items. When you need a belt or anything else ,it is," I need it now", not days from now. These customers didn't like being told they had to go to another store if they had what they needed. In our area it is 20 miles in three directions for a store.

  Many small businesses have been driven out of business by this company as well as other big box stores.I feel there will be a ressurection of the Independent Vac Shops because people will find getting parts and service there is better than going online and waiting. Looking at a cleaner and seeing what it will do is better than buying online and hope it does what it is supposed to. Online sales will still be made but having the service after the sale is still important. 

You can say what you will about your favorite brand but when it gets down to buying a cleaner going to a Vac Shop is the best way.  At Wal Mart and the other big box stores they sell you what they want to sell you. At least with Vac shops you can find a wider variety of Vacuums.The Door to Door sales peolpe also have a variety. It is if the cleaner meets the needs of the consumer that they buy.

                                                                                                           Procare

Off the Wal*Mart subject, except for tha fact that BEST BUY is using the same scaled down store size strategy, here is an article specifically about the trials and tribulations of BEST BUY stores.  Stock price down 21 percent, one of the worse performing sales for the 2010 holiday season, losing sales and profits to competitors, no longer a specialty retailer with products like Sony and Apple, savvy sales staff once its prode and joy, no longer making a diference, prices too high compared to competition, expecially amazon, on the ropes and worse yet to come.

http://finance.yahoo.com/banking-budgeting/article/112269/forecast-for-best-buy-worst-yet-to-come

Carmine D.

BTW, Wal*Mart increased its dividend by 26 percent to $1.46 a share.  Paying dividends since 1974, it is like all other years an increase over the previous years' payout to stockholders.  As I said, I rarely shop there. 

Trebor wrote:
My feelings have not changed.  Walmart is not getting rid of their vacuum cleaners.  Still quite a bit available.  Why would stores have every bag, belt, etc. for every vacuum cleaner on the market?  That is bad business for them.  Leave that for the parts department of manufactuer or vacuum cleaner shops.  Take a look at Targets bags, belts, etc.

Mike_W wrote:

Latest on Walmart downsizing. Talked about on this thread and site before.  If smaller is better according to the latest management thinking then by that thinking somethings have to go/get culled and/or replaced by something else.

http://blogs.forbes.com/retailwire/2011/03/15/walmart-testing-express-c-store-concept/

Carmine D.

As I said before my shopping sprees at WM are limited to several a year for one/few inexpensive items.  I hope the women win their class suit and WM changes its ways.

"What's Old is New Again"

Walmart's creating different stores is not new to some of us.  I am old enough to remember retail stores that had different store capacities.  Rose's had different store sizes.  Grant's had different size stores.  What about Sears and Penney's.  They had their regular stores w/everything, plus very small "catalog" stores.  Sears and Penny's smaller stores were for ordering/pick up and usually had clothing.  What about Woolworth's.  Well, they created Woolco.  We also had Kresge's who created Kmart. The idea of having different size retail is not new.  Walmart is doing the same thing.

There is no need to have large stores all over the place.  I remember visiting AZ. and having to choose which Walmart to go to, because they were so close together.  Carmine has made it known that he lives in Las Vegas, Nevada.  I would suggest to anyone interested, to go to the Walmart website and click on the "store finderr" at the bottom, then enter one of the Las Vegas zip codes within a 15 mile radius.  Look at all the Walmarts in that area.  Unbelievable.  Why does everyone of them have to be the large store. They do not.  That is why some of them are those small Neighborhood Market.  

All of the stores, in my area, continue to stock plenty of vacuum cleaners, bags, filters, belts, and other floorcare.

Ironically Mike all those retailers you reference are either out of business, struggling financially and/or on the brink of going belly up.  With WM having 7 straight quarters of down sales at same stores opened, it's management is desperate.  WM's big profits traditionally are from the largest stores, not the small.  That's why WM was opening 350 Super Stores each year.  But, alas no more.  May I suggest as discussion and thought that WM will shutter its large stores in time in favor of smaller ones.  Especially in areas that are saturated, like Las Vegas.  Reason is simple.  Cut costs and expenses.   Just my opinion and observation.  But... may become reality.   At which time, if this thread is still active, I'll post so.

Carmine D.

Another major retailer may be on the bubble ready to burst:  Bed, Bath and Beyond.  It's had a bounce up due to the shuttering of Linens 'N Things in 2008 but will it last?.  BB&B may, like BEST BUY stores, be a victim of the Internet which led more shoppers to seek out lower prices at on-line stores.  Especially troublesome for BB&B whose web site has been slow to take off with only ONE percent of its company sales and ranking 154th in e-commerce.  Costs are aslo a concern.  Suppliers ship directly to their stores not warehouses and distribution centers.  Harder to cut sourcing costs. 

Carmine D.

CarmineD wrote:
I am going to talk to you as Moderator now-

First, this thread was about Walmart "getting out of the belt, filter and bag business". It is not about how BB&B is doing.  We do not need to hear your periodic reports on the economy, cars, etc.  Keep on topic. 

Secondly, I am going to talk about something we have discussed before, on this forum.  Besides being off topic, you are using someone else's info and making it yours., again  I did check  and you are using an article from the Wall Street Journel Titled, "Bubble Bath & Beyond" by John Lannarone.  I have taken the liberty to underline someone else's idea, which you have used as your own.  In the one underlined sentence. you only bothered to change one or two words.

When someone comes to this forum and reads what you have said, they will think it is your idea; making you look better than you really are.  I knew better and checked it out. 

Use your own ideas and not ideas from someone else.

Mike W.
Moderator

Mike_W wrote:

I subscribe to the WSJ and have for many years.  It is even "comped" to me for my long membership.  As such, I can reuse the thoughts and ideas of those who print in the WSJ since it is in the public domain both orally and in writing.  There is no prohibition against it.  However, I do agree with Lannarone and hence the reason I excerpted his words.  In fact, the similarity with BEST BUY stores and Circuit City AND BB&B and LNT is striking, and worth repeating.  Long before Lannarone's article, I posted about the hazards of BB after the demise of CC.  When he made the same analogy, I thought it was insightful and worthy to print. 

Carmine D. 

CarmineD wrote:
Some publications do not mind reprints, etc.  What they do not want is for someone to use their words and ideas as their own, like you did.  Go ahead and ask the writer?  Ask colleges and now even high schools.

No, it is not worth repeating here.

Mike W.
Moderator

Mike_W wrote:

Like I said, I posted here FIRST about BEST BUY stores and the demise of Circuit City with the resultant jump up by BB that wouldn't last.  Lannarone made that eaxct same point in his article AFTER ME which I excerpted and printed.  He didn't ask my permission.  We're not in the educational realm where ideas and theories may be proprietary.  We're in the business world and Lannarone is promoting his ideas in the WSJ for consumption and dissemination to its readers, of which I am and have been for many years.  I make no secret about being a subscriber to Forbes, WSJ and a host of other business periodicals.  Just because I was in the vacuum business for manmy years doesn't mean I can't take a lively interest in business and economics. 

You may not think it's worth repeating.  Frankly I don't care what you think.  When a business writer foer the WSJ uses a idea/issue that I used as an analogy for his print, it gives me great personal and professional pride.  It means we're thinking along the same lines.  May not be right.  Time will tell, as it HAS WITH BEST BUY.

Carmine D.