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IT OCZ Signs Wal-Mart
Brandon Hill (Blog) - July 17, 2006 1:04 PM
Print E-mail del.icio.us 50 comment(s) - last by breethon.. on Jul 19 at 5:33 PM
The world's largest retailer welcomes OCZ

OCZ has announced a distribution agreement with the world's largest retailer, Wal-Mart. Wal-Mart, which operates over 1,100 Wal-Mart stores, over 2,000 Supercenters and nearly 600 Sam's Clubs, marks OCZ's second large-scale agreement with a US retailer in less than a month -- in late June, OCZ signed a two-year agreement with Buy.com.

Ryan Petersen, OCZ's CEO, is confident that the relationship will give the company even more exposure in the US market and expand the availability of its products by partnering with one of the most recognizable brands in America. “Securing a relationship with the online division of the world’s largest retailer will enable OCZ to vastly expand the availability of our products in the States. We look forward to working closely with Wal-Mart to make OCZ’s leading edge products more readily available to consumers,” said Petersen.

OCZ made its initial public offering (IPO) in the London Stock Exchange on June 22. The company offered 7.5 million shares at roughly $1.20 USD per share. Currently, shares of OCZ are holding at $1.24 USD. This gives the company a market cap of about $9.3 million USD.

OCZ is an advertiser for DailyTech.com.

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Sell your soul to the devil...
By johnnyMon on 7/17/2006 2:34:13 PM , Rating: 5
...and you get what you deserve. Wal-Mart will squeeze OCZ to cut prices until it makes almost no money, and will alienate the rest of OCZ's retailers. They'll move volume, but lose profit, then quality, then market share. I predict.




RE: Sell your soul to the devil...
By FITCamaro on 7/17/2006 3:37:13 PM , Rating: 3
You nailed it in the title. Walmart is the fing devil here to suck the soul dry from every person on the planet.

I pity OCZ. They will soon find out what doing business with Walmart means. My mom is pharmacy manager at a specialty pharmacy that got bought out by Walmart. The only reason she's still there is because its hard for her to find another job that will pay her as much (over $115,000 a year + she gets a $27,000 bonus next march). But she hates Walmart and all the s**t she has to put up with. She got written up by her boss because she told an employee to do her f*ing job.


By MonkeyPaw on 7/17/2006 4:38:38 PM , Rating: 2
quote:
She got written up by her boss because she told an employee to do her f*ing job.


Well, I hope she asked a little nicer than that. While it's annoying to have deadbeat coworkers, there is also a proper way to tell people things. If they don't listen, getting angry at them doesn't even matter. What sucks is when the boss lets it happen, and many bosses do!


RE: Sell your soul to the devil...
By creathir on 7/17/06, Rating: -1
RE: Sell your soul to the devil...
By rushfan2006 on 7/17/2006 4:28:26 PM , Rating: 2
quote:
Which is one thing I do not understand why people, particularly liberals, go after this company. They provide products for the masses at a lower cost. Is this not what liberals want the government to do?


Well I think the reason most people who dislike WalMart isn't because they sell things at low prices. I think its because of the predatory business practices that they employ especially in small communities and against the smaller mom and pop businesses and even some franchise chains. What's more Walmart has raised more than one eyebrow for its treatment of employees.

Finally,and feel free to call me prejudice or whatever here - because in this case -- ok I am...am I suppose to feel shame or something? Anyway...I don't like the "class" of customer that WalMart attracts. Mostly white trash, then they loiter around the store area, the parking lot. Its also packed like herded cattle in there.

Oh and finally I find their products of lower quality -- guess that explains their prices though.

Disclaimer: I hate shopping to begin with at any store.

So yeah that's why some of us hate Walmart.



RE: Sell your soul to the devil...
By creathir on 7/17/2006 5:45:37 PM , Rating: 2
Wow, your comments usually flow with general lines of conservative thinking.

I would HARDLY call the people that shop there "white trash" given that 99% of the products you buy there are the same as you get anywhere else.

Sure, it is not DESIGNER clothing. Sure the shoes are not "designer", but how are any of the other products different? What product is "inferior" there? On top of that, if only white trash shop there, why is it the most successful company in global history?

I suppose the whole world is "white trash" to you?

Take your GAP clothing (and crappy commercials mind you) and pay your high prices. Sure the sleeves on my $5.00 shirt may not be even, but they won't be at Old Navy either, and they cost $20!

Is it the DVDs you dislike for the less than Best Buy prices? Maybe it is the Legos on the toy aisle? Oh wait... I know what it is, you don't like the Rubbermaid containers... that’s what it is. You're right... nothing but white trash products.

As far the small business claims... what on earth are you talking about? You would rather pay MORE for a product from some little Mom and Pop store? Maybe you have an agenda (keep the mom and pop store around) and if that is the case, then pay more! I don't care! Mom and Pop shops hate Wal-Mart because all of the sudden, they have competition. As I have stated OVER AND OVER AND OVER, this is a GOOD thing. It means either prices will go down, or quality of service will go up. (In order to compete for the customers)

I honestly thought you had a solid understanding of the free market system. Obviously, I was wrong.

- Creathir


RE: Sell your soul to the devil...
By Josh7289 on 7/17/2006 6:19:06 PM , Rating: 2
Hahaha, here we go. I agree with most of what rushfan2006 said. I try not to shop at Wal-Mart not only because of the lower quality of products (besides things like games and other products that are available at other stores), but because the lower quality of products, and thus lower prices, attracts lower-class people (in the way that it attracts people like, as rushfan2006 said, "white trash"). Seriously, I can see so many people in Wal-Mart that I could not imagine being anywhere else in society. I'm sorry if this offends anybody, but this is simply my observations.

creathir, rushfan2006's argument had nothing to do with products that are sold in multiple stores, because quality will always be the same, but he was talking about their other products, mostly ones you can only find in Wal-Mart stores, which is what attracts the previously mentioned people.

quote:
It means either prices will go down, or quality of service will go up. (In order to compete for the customers)


With Wal-Mart, three things go down: the mom and pop stores, the prices, and the quality of services and product.


RE: Sell your soul to the devil...
By Aquila76 on 7/17/2006 7:31:29 PM , Rating: 2
The reason why so many people (not only liberals) hate on WalMart is because after driving Mom and Pop and the local workers they employed out of town, they pull out because no one living there can afford to buy anything at WalMart. Check out that movie 'Walmart: The High Cost of Low Price' for more info.


RE: Sell your soul to the devil...
By TomZ on 7/17/2006 8:44:40 PM , Rating: 2
What's so great about mom-and-pop stores, anyway? If they were so great, then people would continue to shop there even when there is a Wal-Mart in town.

It's also kind of a double-standard I see here. Everyone seems to applaud the new competitiveness between Intel and AMD. But in the case of Wal-Mart, people complain that they don't like the "winner" of the competition.


RE: Sell your soul to the devil...
By Josh7289 on 7/17/2006 9:39:16 PM , Rating: 2
When it comes to AMD vs. Intel, the two of them are always fighting to improve the other.

In the case of Wal-Mart, all the other competition is totally annihilated and driven out of business. That's not competition. That's a monopoly.


RE: Sell your soul to the devil...
By TomZ on 7/18/2006 1:55:12 PM , Rating: 2
Why couldn't the mom-and-pops effectively compete? After all, in order to succeed in business, you don't have to compete on price alone. How about quality? Service? Surely you are not going to argue that Wal-Mart has any great advantage in these aspects.


By rushfan2006 on 7/18/2006 5:07:35 PM , Rating: 2
quote:
What's so great about mom-and-pop stores, anyway? If they were so great, then people would continue to shop there even when there is a Wal-Mart in town.


Its more to do with how they conduct business and treat people..than the prices of mom and pop stores. That is my point anyway...

And as for people continuing to shop there even with a walmart in town don't be so sure..in the USA....bigger is always perceived as better -- its part of our culture.

I could care less about WalMart's size or success if they weren't so underhanded in how they do business (and obvious about it).



get real...
By kmmatney on 7/17/2006 9:40:46 PM , Rating: 2
In most of booming America (new houses in sprawl-ville) there are no "Mom and Pop" stores and never will be. You're going to have a Walmart, Target, or something similar. Our local Walmart is near a neighborhood of large 4000+ sq. foot houses - we can afford to shop wherever we want - Walmart is convenient, clean, and gets good clientele where I live (near Denver, Colorado).


By rushfan2006 on 7/18/2006 5:04:47 PM , Rating: 2
Our opinions are formed from our life experiences and what we witness in *our* day to day environment. This means what we see in the towns, counties, neighborhoods that we live, work and play in and around. That is where the white trash comment comes from. Nothing more, nothing less. If you can't take honest opinion -- that's not a problem for me, its a problem you have.

Ironically, contrary to your post in which you make an attempt to label (conservative, "take your GAP clothing", etc.) you are well off the mark with me.

I am a person of very simple means. I'm far from materialistic -- much more "practical" in my buying habits than I'd say the "average" person is. I for example, *loathe* the GAP...and spending a fortune on items like clothes.

No, sorry but I stand by my post fully -- the fact that you have a problem with it means nothing to me. Big whop you are upset.

Apparently you think WalMart selling stuff for cheap is all that matters. And you want to label me? Talk about petty.

Do some research, the company is a predator -- forget about their cheap prices. Instead do some research into their business practices, do some research into their ethics and cases on them regarding how they treat employees.

Oh but in your book because they are cheap -- that cancels out everything right?

Take your arrogant, presumptious ego and point it in someone else's face.



RE: Sell your soul to the devil...
By Schadenfroh on 7/17/2006 7:44:40 PM , Rating: 2
quote:
don't like the "class" of customer that WalMart attracts. Mostly white trash, then they loiter around the store area, the parking lot.


I hardly ever see ANY white people in my local walmart, aside from the people working in there. Most of the customers at mine are Mexican and they do exactly what you describe in regards to what "white trash" do at your walmart.


RE: Sell your soul to the devil...
By Josh7289 on 7/17/2006 7:59:20 PM , Rating: 2
quote:
I hardly ever see ANY white people in my local walmart, aside from the people working in there. Most of the customers at mine are Mexican and they do exactly what you describe in regards to what "white trash" do at your walmart.


Same people, different flavor.


RE: Sell your soul to the devil...
By kmmatney on 7/17/2006 9:45:03 PM , Rating: 2
Well, I guess it depends where you live, totally different in Centennial, Colorado. The Walmarts around here are clean, and no "loiterers". I've seen some majorly crappy Walmarts in California, but they are totally different from Walmarts in Colorado.


RE: Sell your soul to the devil...
By Josh7289 on 7/18/2006 11:09:08 AM , Rating: 2
You're pretty lucky, then! My Wal-Mart is not exactly what I'd call clean. It was nice back when it opened, but not any more... Ha.


ok
By Soulkeeper on 7/17/2006 3:11:08 PM , Rating: 2
i never really liked ocz
they make cheap memory
unless maybe you are buying there highest-end model...
the kind that it sounds like they are gonna sell at walmart will prob have cheesy latencies or not even run at the rated speed/spd all the time

guess we'll see