Walmart in Cottonwood AZ

tomman58 wrote:

westernrvparkowner wrote:

tomman58 wrote:

big whitey wrote:

tomman58 wrote:

2gypsies wrote:
Do you stay out of Home Depot, Lowes, Target, K-Mart, Meijer's in Michigan, etc.?

HD not so much. Lowes is owned by WM, target no, k-mart stores are gone. Meijers was the last store to have mostly USA products but do not go there often.

WM has the largest impact, there are many others on my list but then that is my list of business' that are not employee friendly or just horrible with constant threats to their employees.

Lowes owned by WMT, you're nuts. Lowes is owned by Lowes.

Get your facts right WM owns the most shares in Lowes and the tother way lowes own most shares in WM. FACT!

Just because you say it is a fact, doesn't make it so. There are no individuals who own a large percentage of both Walmart and Lowes stock. As a matter of fact (from Morningstar) the only individuals who own 5% or more of Walmart are members of the Walton Family and no individual owns 5% or more of Lowes stock. The largest non-individual holders of both companies are Mutual funds like Vanguard, Blackrock and T Rowe Price, meaning there are millions of individual owners of those blocks of stock and only Vanguard has a 5% or greater share of stock in either of those companies. Lowes and Walmart are about as separate as entities can be.

Okay, please take note, the way corporations operate, and how the legal definition of subsideries come into play.

First of all, Lowes is not owned by Walmart Assocaites INC.

However Lowes is owned by the Walton Family.
The daughter is the primary operator of the Lowes stores.

Although they keep the Lowes assets seperate, it is indeed owned by the same family.

Not only can this be seen by building designs, and architecture, but whenever Walmart paints their stores, or changes it's colors, Lowes follow suit.

So for those that think they know that Lowes isn't owned by Walmart, has an enlightenment to be learned.

They have no interest in letting their employees know what they own, no matter how long you have worked for their company.

If anyone knows, how, and has followed the Walmart history of expansion, you will notice how they acquire assets via acquisitions.
It usually starts with Walmart purchasing a minority stake, usually around 42-47% of ownership,(just enough to be able to be a major share holder, and thus have a board position), they then in a few years will increase their holdings of that company, and in the majority of instances, they become whole ownership.

You are welcome to start and own your own business and hire and fire whoever you want, and pay the wages you want. But until you own a business, you are out of line. If you don't wish to shop at WalMart or Lowes, so be it. If you don't want to overnight there, so be it. But you are so faaaaar out there in left field, it's not funny. It's my belief the majority of folks here want you to go away, for infringing on their beliefs to park at these stores overnight and give them their business. It's not for you to say where any of us should or should not park overnight in our RV's, or that all WalMarts should be banned. Perhaps you should be banned instead.

I own WalMart stock and I own Vanguard mutual funds. If people don't like the wages paid by WalMart, they are welcome to seek employment elsewhere, no one is holding a gun to their head to stay there, or not search for other opportunities of employment, or to start their own business. No one owes you, or anyone a job. That's the liberal fallacy. Go start and run your own business if you don't like working for someone else.