via .ORGWorld News
By Jack Ryan
Walmart (+2.07%) rolled out a plan to help fund its employees' college tuition, books, and fees.
For just $1 a day, Walmart employees will be able to earn an associate's or bachelor's degree in Business or Supply Chain Management, or pursue a minor in yodeling.
Which schools? The University of Florida, Brandman University, and Bellevue University (go Bruins!)—colleges that specialize in adult learning. Why it's a big deal: With 1.4 million workers, Walmart is the largest private U.S. employer. And as you might have heard...it doesn't have a great reputation for how it treats employees. But it can't afford that reputation anymore
Unemployment is below 4%, which means companies are in a giant rugby scrum for qualified workers.
What that looks like IRL: Employers are pulling out all the stops (raising the minimum wage, expanding parental leave, tuition reimbursement) to attract and retain qualified workers.
Photo in Walmart shows guns displayed as back-to-school items; apologetic execs searching for store...By TheWorldNewsOrg
via TheWorldNewsOrgWorld News
Thankfully Walmart allows trucks to park overnight in their lots or these people may have never been found.
I love the idea of having my items ready for pickup as I walk in the store. Evidently it holds up to 300 packages inside.
I personally would have chosen a blue or green color for the kiosk though. This color denotes "cautiion" to me personally. (Although I do NOTICE it very well which might have been the idea)
Questions remain though: Will a line start to form at the pickup kiosk?
Where does the payment transaction happen? Online or right at the kiosk?
By The Librarian
What a ship...no wonder 'Made in China ' is displacing North
American made goods big time. This monster transports goods
across the Pacific in just 5 days! Another two will soon be
These ships were commissioned by Wal-Mart - to get its imported
goods from China ... They hold an incredible 15,000 containers
and have a 207 foot deck beam! A full crew is just 13 people
on a ship longer than a US Aircraft Carrier, which has a crew of
5,000. With its 207' beam it is too big to fit through the Panama
or Suez Canals ... It is strictly transpacific.
Cruise speed: 31 knots. The goods arrive four days before the
typical container ship (18-20 knots) on a China-to-California run.
91% of Walmart products are made in China. So this behemoth
is hugely competitive - even if carrying perishable goods.
The ship was built in 5 sections. The sections are floated together
and then welded. The command bridge, higher than a 10-story
building, has 11 cargo crane rigs that can operate simultaneously
unloading the entire ship in less than two hours.
Country of origin - Denmark
Length - 1,302 ft
Width - 207 ft
Net cargo - 123,200 tons
Engine - 14 cylinders in-line diesel engine (110,000 BHP)
Cruise Speed - 31 knots
Cargo capacity - 15,000 TEU (1 TEU = 20 cubic feet)
Crew - 13 people!
First trip - Sept. 08, 2006
Construction cost - US $145,000,000+
Silicone painting applied to the ship bottom reduces water
resistance and saves 317,000 gallons of fuel annually.
A documentary in late March, 2010, on the History Channel,
noted that all of these containers are returned to China,
EMPTY! Yep, that's right. We send nothing back on these ships.
Via Tina B.
By Money & Finance
Alix Steel reviews Wal-Mart's fourth-quarter earnings report. (Source: Bloomberg)