December 2, 2009

WMT+ HAS 32 M MEMBERS SAYS DEUTSCHE BANK: “86% of current WMT+ subscribers have Amazon Prime” also! AMZN has > 200 M Prime members, 6 x larger than WMT+, but Prime is 15 yrs. old, WMT+ only 1yr. old.

8 MONTHS AGO WMT SAID IT WOULD CONVERT DOZENS OF STORES INTO “MINI FULFILLMENT CENTERS” to copy the AMZN model. Superstore model disrupted!

10,000 REST BREAKS MISSING. Workers say Home Depot is “mandated to give workers rest breaks of at least 10 min. every four hours.“ But they don’t. HD is “chronically understaffed.”