Comments on: The One Where I Point The Finger At H&M and Wal-Mart http://abittersweetexistence.com/2010/01/the-one-where-i-point-the-finger-at-hm-and-wal-mart/ My Life. Documented. Mon, 06 Feb 2012 05:38:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Shay-Shay http://abittersweetexistence.com/2010/01/the-one-where-i-point-the-finger-at-hm-and-wal-mart/comment-page-1/#comment-204 Shay-Shay Tue, 26 Jan 2010 16:43:38 +0000 http://abittersweetexistence.com/?p=1080#comment-204 I worked retail and this is a very common practice. It is my understanding that part of it deals with accounting rules. They are able to write off a bigger loss for "damaging" the item out than for donating it at the reduced value. It sucks but I understand that even these little things affect their bottom line also affect how many people they can hire and keep on staff as well as allows them to increase their cash donations. So - I just say, don't judge. While it may not look great from the outside there are always reasons. For all you know, this method of accounting allowed them the extra cash on their balance sheets to make their sizeable donation to Haiti. I worked retail and this is a very common practice. It is my understanding that part of it deals with accounting rules. They are able to write off a bigger loss for “damaging” the item out than for donating it at the reduced value. It sucks but I understand that even these little things affect their bottom line also affect how many people they can hire and keep on staff as well as allows them to increase their cash donations.

So – I just say, don’t judge. While it may not look great from the outside there are always reasons. For all you know, this method of accounting allowed them the extra cash on their balance sheets to make their sizeable donation to Haiti.

]]> By: Yum Yucky http://abittersweetexistence.com/2010/01/the-one-where-i-point-the-finger-at-hm-and-wal-mart/comment-page-1/#comment-200 Yum Yucky Sun, 24 Jan 2010 02:44:38 +0000 http://abittersweetexistence.com/?p=1080#comment-200 It pained me when I first heard about this. Some people have no heart or conscience. It pained me when I first heard about this. Some people have no heart or conscience.

]]> By: Valerie http://abittersweetexistence.com/2010/01/the-one-where-i-point-the-finger-at-hm-and-wal-mart/comment-page-1/#comment-199 Valerie Fri, 22 Jan 2010 03:02:35 +0000 http://abittersweetexistence.com/?p=1080#comment-199 Just, why? There are so many people in need. It's hard on my wallet, but I'd rather shop mom and pop's than support that kind of big business. Just, why? There are so many people in need. It’s hard on my wallet, but I’d rather shop mom and pop’s than support that kind of big business.

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