Fabric Returning to Wal-Mart : Report from Wall Street.
10-14-2010, 06:58 AM
#1
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Join Date: Oct 2010
Location: Covington LA
Posts: 12
I have some good news for you. I am a research analyst (stockbroker) as well as a not so skilled quilter. I just read a research report from KeyBanc stating that Wal-Mart will be adding fabric back to their stores. How about that?
Here is an excerpt: “Over the last four years, Wal-Mart has gradually removed fabric from its stores, and now operates approximately 1,800 stores with full fabric .... down from approximately 3,300 stores in 2006. Until recently we expected Wal-Mart to remove the full fabric department from approximately 1,000 additional stores….Wal-Mart management is now changing its fabric plans. They cite customer requests for the product and an opportunity to drive incremental traffic. …Finally, Wal-Mart plans to selectively add full fabric back where customers asked for the product. At this stage, no formal rollout plan has been announced.”
Isn’t this wonderful? I know I have missed the fabric department at Wal-Mart!
It would be wonderful to hear back from you if and when you see changes in the wal-mart fabric department. Pictures of the return would be even better and could help move this process along. I also suggest that you voice your opinion to Wal-Mart store managers about the loss of fabric. They seem to be listening again – YEA!
looking forward to hearing from you
Here is an excerpt: “Over the last four years, Wal-Mart has gradually removed fabric from its stores, and now operates approximately 1,800 stores with full fabric .... down from approximately 3,300 stores in 2006. Until recently we expected Wal-Mart to remove the full fabric department from approximately 1,000 additional stores….Wal-Mart management is now changing its fabric plans. They cite customer requests for the product and an opportunity to drive incremental traffic. …Finally, Wal-Mart plans to selectively add full fabric back where customers asked for the product. At this stage, no formal rollout plan has been announced.”
Isn’t this wonderful? I know I have missed the fabric department at Wal-Mart!
It would be wonderful to hear back from you if and when you see changes in the wal-mart fabric department. Pictures of the return would be even better and could help move this process along. I also suggest that you voice your opinion to Wal-Mart store managers about the loss of fabric. They seem to be listening again – YEA!
looking forward to hearing from you
10-14-2010, 07:15 AM
#6
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Join Date: Feb 2010
Location: Murray, Ky. Looking for a nice cushy pillow to rest my head on!
Posts: 14,022
Our wm didn't lose the fabrics but it was down sized. All of a sudden they have more fabric then space. When I go in there the ladies are always complaining about what to do with all the bolts.
10-14-2010, 07:17 AM
#7
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Join Date: May 2008
Location: My favorite place in the world is Lake Erie Region USA
Posts: 2,743
Such good news !! I notice that some major stores have fabric once seen in Walmart stores. wonder about Walmart's fabric line back.. prices prices prices.. whoo hoo !
10-14-2010, 07:24 AM
#10
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Join Date: Oct 2010
Location: Covington LA
Posts: 12
Originally Posted by cjomomma
Our wm didn't lose the fabrics but it was down sized. All of a sudden they have more fabric then space. When I go in there the ladies are always complaining about what to do with all the bolts.
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