Hacker News new | ask | show | jobs
by dwills 3538 days ago
The headline is false. Far down in the article, find this nuggest:

"The profit landscape is less sunny. Operating income for Walmart’s United States stores was down 6 percent in the most recent quarter, reflecting higher labor costs and other new investments."

And while employee headcount from 2008 is mentioned, there is no mention of the number of employees who have been let go to allow for paying high wages to the remaining workers.

This article is yet another example of how the NY Times is a well-disguised propaganda arm of the Democratic Party.

2 comments

Sales and operating income are two different metrics. The headline is not false, it just doesn't say what you want it to say.

Paragraph 10:

"The results are promising. By early 2016, the proportion of stores hitting their targeted customer-service ratings had rebounded to 75 percent. Sales are rising again."

Maybe the person you reply to was confused by the original title in HN, which was "Walmart generated higher sales, profits by paying workers more, better training" (that's not the NYT's fault, tough).
Double post, please delete one.