Wal-Mart CEO Doug McMillon: We Knew This Was Coming | Mad Money | CNBC

[@mookixox]

Every WalMart employee looks like they want to die, they seriously look sick and depressed...Sometimes I turn around and get spooked at the sight of them, they look like extras from the walking dead.

[@sciggler2880]

I once saw a happy wal-mart employee, she had down syndrome.

[@Yllawish]

so, don t go to Walmart and go to more little supermarkets. Because everyone shops in this awful storages, they keep existing.

[@TheKerryzzz]

That's true, your right.

[@derekwall200]

that sounds a lot like the night shift. i used to work those hours at walmart for 2 and 1/2 years.

[@Keyspirits]

BAHAHHAHAHAHA

[@henrytownshed5304]

Problem with wal-mart is they treat their employees like crap. I don't shop there for that reason. You have better job opportunity at Mc-Donalds.

[@boxingbee8904]

+Henry Townshed EXACTLY,

[@elicor2400]

+Henry Townshed Yeah, they treat them aweful, giving them jobs and making them work. Terrible. Bad Walmart

[@henrytownshed5304]

***** I don't shop there, but now i may have to because i am now being followed at Krogers when i go grocery shopping. Why don't the cops follow actual criminals.

[@sodbuster925]

lmao dude I agree 100 %

[@AllanLoveJr]

TRUST ME. I WENT THROUGH THE SAME THING WHILE I WORKED THERE. I GOT FIRED CAUSE THE MANAGER LIED ON ME. SO IN THE MEAN TIME. I'M SO STRESS FREE NOW SINCE I DO NOT WORK THERE ANYMORE. WAL-MART SUCKS.

[@onemanshow4116]

I shop at walmart when I can... reason being they don't play pricing games like other retailers. The prices might not be the lowest for a specific item at a specific time, but they're always reasonably low - and I don't have to run around the store hoping to find the sale items for that specific week.

[@KzLollapalooza]

OneManShow how do you find the Walmart experience now? Have they improved since then?

[@Yllawish]

Better to shop in another supermarket, if you know how the employees be treatened by the managers of Wall Mart.

[@qualquan]

Cramer makes some good points when he points out well managed retailers like Costco. Why is Sam's Club not matching them? This guy has no idea. Their stores are unkempt. Why?

[@DynastyJr]

this guy is making Walmart drop another 10%

[@PWB69]

How did that work out🤡

[@sciggler2880]

One time a wal-mart manager took a bouncy ball away from my little brother when we were playing with it in the kid isle. This company is going to burn

[@sigmaoverglocks]

Wal Mart raised pay to $10.00. hourly the cut hours to 15 from 32. It's self destructing. I bought the stock because it's ridiculously low.

[@Yllawish]

don t be involved with thieves.

[@ritewayguy]

Where is Sam Walton when you need him?

[@ginacivilized6275]

ritewayguy I think he's dead!

[@Born2RiffRock]

Dead

[@jackmiddleton2080]

Walmart is seriously mismanaged. They offer incentives in all the wrong ways. I used to work there and I did double the work for nearly half the pay of many of my coworkers. So guess what? I quit. They have a huge turnover problem that could be fixed with incentives. Otherwise most people will do the least amount of work possible and/or quit. They also have a theft problem and customer service problem. I calculated my store could save $200,000 simply by keeping a single 24 hour security guard (200k after the cost to employ the guards). They could stand to profit immensely from increasing their customer service representatives in key areas. The more employee eyes you have, the less theft there will be. So it makes a lot of sense to increase their employee count in electronics where the need for customer service and security is coincidentally the highest in the whole store. This is only the tip of the iceberg.

[@jnzbad]

+Jack Middleton Walmart is corrupt, they destroyed my life. I am still over 4 years later trying to find someone who gives a damn about it, to help me get my life back.

[@yousaidwhaaaattt8631]

+Jack Middleton Sounds like they need to hire you on the board of directors. :)

[@jnzbad]

They need to close so the other businesses can survive again and good people can have jobs that take care of them, that don't get off on destroying people. The world would be a much better place if they weren't here anymore.

[@javierjaime9386]

Jnzbad how

[@CrazyMarkRogers]

Jack Middleton 0

[@BanditHeroTV]

walmart has been going down since this guy took the CEO position.

[@HumbledByGreatness]

The stock is near $90 now. Stay out of finances.

[@commanderchicostick4155]

BanditHero false

[@jermar1979]

Agree!

[@jeffgerek6180]

mcmillan is a legend in his own mind

[@Yllawish]

Good, its going down.. I know Walmart has a lot of jobs. Its better the employees stick together and make their own supermarkets. Make a change!

[@matthewwaldman1524]

If the owners of Walmart are that concerned they should consider relinquishing their salaries.

[@matthewwaldman1524]

+TorontoLibertarian Now why would you state that I'm envious? Envious of greed, being good friends with Senior Bush? Do you live in Toronto you don't even live in the United States and you are expressing opinions with such passion. Since you can't vote would you like me to vote for Bernie Sanders?

[@TorontoLibertarian]

I'd like you not to have kids. You'd be doing the world a favour.

[@matthewwaldman1524]

+TorontoLibertarian What a rather insulting statement. Just because what you express is idiotic and asinine you're going to butyrate me. You sir need to stimulate what little brain cells you're in possession of.

[@TorontoLibertarian]

Idiotic and asinine? I've got enough brain cells to know that's redundant. I think you're the one who's deficient in brain cells. Butyrate is a noun, not a verb, so your sentence doesn't even make sense. You're one for three in terms of constructing sentences. I've met some pricks in my time, but you sir are a fucking cactus.

[@matthewwaldman1524]

+TorontoLibertarian I don't know why I'm wasting my energy responding but please stay in Canada.

[@jjsan1]

Man Jim you went off on that CEO. Haha.

[@williambagley5415]

Jim's a self-promoting moron

[@27273100]

When led by greed, destruction follows.

[@srercrcr]

I was at WMT today....lemons were $.79 each. Unheard of!

[@hamonryehd]

why were the on air lights off in this video?

[@MrGiggity890]

Walmart is doing quite well now that you look back at this over 2 years later lol

[@BruinsBeatCanucks]

His voice cracked when he said $10 next year

[@Ryanttr]

jason! Kills him to say it

[@NanceyLeeC]

If you notice at Walmart all the self checkouts are there so they don’t have to hire real people let you do all the work and they charge you for it what a crock of&*$#

[@burnt_toast305]

Good one hahahahahaha😂😂😂😂😂

[@ernestgbarbea1878]

Jim Creamer thanks you, i listen to you a lot.

[@BruinsBeatCanucks]

It comes down to the fundamentals of Walmart... Cheap prices. Whenever I visit the States, I drop by a Walmart... because they have everything I'm looking for in a spacious building at cheap prices.

[@blunt3068]

I fucking hate shopping at Wal Mart

[@jeffgerek6180]

when mcmillan is done the name of the store will be titanic inc.theyll be a sign on the front of the store hanging upside down mispelled .

[@chrisramos5285]

how about invest in cashiers.

[@onemanshow4116]

How about invest in more self-checkout machines. I can do the job myself in less time... and the value of my time is more than $9 /hr.

[@chrisramos5285]

then when someone chooses a machine over u to do whatever u do . i hope there is someone that mocks you with my time is worth more than they get paid an hour.wow what an egotistical twat

[@onemanshow4116]

Chris Ramos Shut up you dunce. Welcome to the future, where we don't hold back technology so that you can continue to perform an obsolete job.

[@Yllawish]

yes,

[@baileyreport.]

This guy needs to understand "The Law of Diminishing Returns". Walmart is already the world's biggest retailer! No matter how much money they put into building their business there is not enough room for growth, expansion, and return on their investments.

[@kp6932]

Yes WE THE PEOPLE are sure that WalMart knew Chinese products will not fly

[@naanaa1111]

How can I get in touch with this CEO?

[@CarlosMedeiros1]

Let the CEO talk...

[@faceoff3315]

This Guy Salary US$19.4 million (2015 total compensation)....

[@evelcruzy]

George Lewis He emailed management in each store and said they need to crack down on employees cause $19 million wasn't enough.

[@jeffgerek6180]

one big mistake sam walton made.he never looked into his future management.

[@nilobeebee]

No urgency from the CEO is so guarded to not say the politically incorrect thing.

[@barryfriedman4975]

Its called buy when the stock falls...... Do you really believe Walmart is going anywhere in the next decade?

[@Sesamestreet9080]

Barry Friedman ever heard of amazon. If walmarts doesn't evolve they are going down

[@HumbledByGreatness]

Did you even bother listening to the CEO'S plans for the future; Or do you always just give your ignorant opinions without any thought? The stock has been on a huge run because of this CEO. Give the man some time to see what he can do.

[@reginadelavern1649]

Yep gave raises and took away benefits, they don't have many full time workers! The store in my area is a rat hole, closes down at 12am never enough products on the shelves! They don't care about customers! What a joke!

[@RunningAces2022]

Not a dollar actually just $0.80 more.

[@therightside9237]

When you don't rehire effective sales associates your lying big time!

[@frankroper3274]

Wokmart has the issue that it's prices have gone up so much that it is cheaper to go to your local stores again. This is a good time for small business to come back that walmart ran off with lower prices in the past!

[@Jason92881]

Amazon isn’t much better in terms of hourly wage .

[@hunterphung3638]

Amazon minimum wage is $15/hr. Walmart is complaining about paying $10/hr. Walmart CEO is too out of touch. Amazon Go will replace Walmart in 20 years.

[@javierjaime9386]

They just fired all co managers and the newest assistant managers not to mention the cutting of hours from 40 to 16-32 max in 5 days....

[@DanielleA2023]

it's bad to increase basic pay rates!!!???? wall street wankers need to change, not walmart.

[@Bradgilliswhammyman]

Lol I'd like to see Jim Cramer make 10 bucks an hour, after all he thinks it is fine for Walmart employees.

[@ciscokid8866]

Ya think sparky? This is one of the most carefully engineered social cons ever which their owners were key players

[@getrolli469]

They should just sell themself to the CHinesse gouvt

[@lonniefisher6060]

If you become a store manager then you get benefits. None at the lower levels. And 15 to 32 hours a week of work is a joke. And their drivers get paid less now. Sad.

[@davidtwombly9400]

my wife worked there for nine years in this time era and seen people coming in new hire making more than she did Walmart sucks we don't shop there we don't buy there the long term employees don't see the pay raise new hires get

[@davidtwombly9400]

Walmart owes her so much money its unreal

[@iaincanzano4767]

Walmart is finished - I give credit to Gary Vaynerchuk @garyvee for calling it way back when he said Amazon is on the cusp of rolling out their drone program (which they are) bringing products to consumers same-day delivery and that will be the beginning of the end for most retail rivals. People won't have to leave their house in the future just like when the masses figured out they could watch movies on Netflix instead of having to go to the video store.

[@happy543210]

+Iain Canzano you're right. blockbuster video got killed by broadband internet.

[@MDK22420]

Wouldn't it be smart to buy stocks when they plummet? Don't you want to get in when prices are low? I guess the risk being if the stock doesn't go back up?

[@Alex.Kalashnik]

Yes, I bought some Walmart on this dip. I don't think it's going to completely fail and big drops are usually an overreaction.

[@therightside9237]

When you don't rehire effective sales associates your lying your ass off!

[@AlbertWesker203]

Walmart would be fine. I'd be more worried about places like kmart n Sears.

[@MichaelVascellaro]

Stop selling shit.

[@alanbean8222]

Starting wage goes up but your long term employees get no wage increase your wage increase needs to be the same percent across the board company wide

[@bettyfigge]

It seem like a little thing but it’s very big when you are shopping but no wheelchairs many older people shop there

[@dangerfieldmark1313]

How will Wal-Mart win over amzon

[@lagerbeer1974]

Mark Dangerfield They won't.

[@tigersteele9552]

PEOPLE ARE TIRED OF THEIR...NASTY...TACTICS...TO PEOPLE IN GENERAL...AND TO THEIR EMPLOYEES!!!!!

[@hugobenedict597]

Walmart hiding coffee Nescafe 170 g bottle stocks in British Columbia, in Canada. At present these bottles are priced 4.97 at Walmart. But Amazon is selling the same for 9.45 on line. I walked into 12 stores in Vancouver area, all stores have no stock of this product. Sold Out according to Walmart. Fishy..????

[@racheljohnhyatt4028]

Walmart cares makes as much sense as Ayn Rand cared

[@bobbylarson7407]

This Walmart Grocery Delivery driver is having a very bad day.

[@ronnysanders3990]

Looks like this was rehearsed before airing

[@TheKerryzzz]

These big companies are slime balls.

[@dangerfieldmark1313]

What is Walmart

[@thevintagecoffey1006]

WTF McMillan, great health care plan my azz. How is a $13,500 deductible per family a good thing.

[@yamamotoolongtea]

just stick to what you're good at and that is LOW PRICES GUARANTEED. Stop trying to be everywhere in everywhere..

[@Born2RiffRock]

We feel like we are about to drop dead. It's just too much what they expect for so little money. TAKE CARE OF YOUR EMPLOYEES DOUG SO WE FEEL MORE CUSTOMER ORIENTED. WHEN WE ARE DEAD TIRED ITS HARD TO.

[@Born2RiffRock]

Doug is the wrong CEO

[@brianpan6453]

Doug McMill(i)on....you have to love their hubris..even if it is inadvertent.

[@jeanettayoung7896]

I think he should explain barb wire,military jeeps ,and u.n trucks,and jeeps,American people are not stupid will not shop in any store that is still open ,

[@kingalbert455]

Have you gotten the worksheet data on how many Walmarts are going to be installed in Germany France Russia Venezuela Canada Bass Pro Shop has already completed this task.... that is why I bought up most of the stocks and shares in order to make deals with other countries must have exclusivity upon all chains with surveillance Network capabilities it was just the deal National Security for each country

[@dangerfieldmark1313]

What is going wrong now

[@Yllawish]

It s time the Wallmart CEO s give a better contract and conditions to their employees. The CEO s are loaded with money, shame on them. It looks more like slavery. People , go to the more little supermarkets and let Wallmart for what it is. Start your own little supermarkets, employees of Wallmart.. and stick together. To make a change, start with something different. It s rediculous that you need two jobs in the US, to survive. Another group of people is mega rich. It s not fair!

[@Jjason601]

The guy on the right is annoying....

[@Luseal123]

Boycott Walmart

[@jeffgerek6180]

one mistake sam walton made.he never looked into jis future management.

[@racheljohnhyatt4028]

most monoploys will alaways want more

[@boringman8673]

I like Wal-Mart!

[@freetolook3727]

Paying $1 per hour raise is a diversion from why the stock tanked. By the way $40/week will put someone in a higher tax bracket and will actually come back with less take home pay.

[@seanalexander6310]

And we cut hours and give less in my share bonuses to the disgruntled that actually run our stores. We've boosted their moral to 0, up from -3000....

[@seanalexander6310]

Give them a 200 dollar bonus and blame why they didn't get 500 on all the wasted cardboard signage, and yeah, I'm Muthfuckin Doug McMillion, yeah!

[@bettyfigge]

I am trying to reach the main headquarters to Walmart I would like to ask for them to please are Walmart to get more wheelchairs at Walmart on St Charles Rock Road in Bridgeton Mo we wait 1 hr to get a Wheelchair and the wait again 1 hr to charge them up

[@racheljohnhyatt4028]

do 1 jeff bezos

[@commanderchicostick4155]

Hehe it’s at $90 mow

[@SwissMappin]

Unskilled work shouldnt be high paid

[@racheljohnhyatt4028]

jk

[@Hardcorediver44]

Walmart mouth piece.

[@Bradgilliswhammyman]

Lol this guy is a joke, CEO is in complete damage control mode.

[@DynastyJr]

this guy is making Walmart drop another 10%

[@therightside9237]

When you don't rehire effective sales associates your lying your ass off!