Wal-Mart blues | Arkansas Blog

Wednesday, February 11, 2009

Wal-Mart blues

Posted By on Wed, Feb 11, 2009 at 6:51 AM

Good coverage in the Morning News of the news that Wal-Mart was laying off more than 5 percent of its Bentonville headquarters work force. Sidebars in addition to the main link talk about the impact on workers and the region.

Northwest Arkansas long ago came to the realization that it wasn't immune from the economic and real estate downturn, but Wal-Mart's rising sales had run counter to the generally gloomy national situation. Yesterday's news was the concrete signal, as if it was needed, that no one is truly safe in today's economy. It hurt. One of the great verities of Arkansas existence -- death, taxes and a rising price of Wal-Mart stock -- was proved inaccurate years ago, of course. Wal-Mart today sells for less per share than it did five years ago.

Sign up for the Daily Update email

Comments (4)

Showing 1-4 of 4

Add a comment

Subscribe to this thread:
Showing 1-4 of 4

Add a comment

More by Max Brantley

  • Judge refuses to lift hold on state anti-abortion law

    Federal Judge Kristine Baker today denied the state's attempt to lift her preliminary order stopping enforcement of a state law aimed at putting medicine abortion providers out of business.
    • Jul 20, 2018
  • Study: Democrats less inclined to cheat on spouses

    The Guardian reports on social science research using hacked data from the Ashley Madison adultery website and voter data from five states that concludes Democrats are less inclined to cheat on their spouses than Republicans. Josh Duggar anyone?
    • Jul 20, 2018
  • Arkansas unemployment rate steady at 3.8 percent

    The Arkansas unemployment rate in June was 3.8 percent in June, the same as in May. The workforce declined by 1,348 jobs.
    • Jul 20, 2018
  • More »

Readers also liked…

Most Viewed

Most Recent Comments



© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation