You raise some good points, but you’re also far, far kinder to the local drivers than I would be. They are truly monsters. They forced me to enter the automotive arms race and upsize from a small hybrid coupe to a big old truck, they’re that scary.
In that parking lot, to hit that bollard at these speeds, all within a parking lot, mind you, they are blasting around a corner turning left cutting far into the right lane of the lane meeting it at a t. Which has a stop sign, so there’s little reason to think they are trying to get through an unruly intersection.
It’s not far from me. I’ll see if I can get some good pics one of these fine days. Walmart’s not my jam, but this bollard issue is intriguing. And the Sun Journal article, I’d take it with a grain of salt. LaFlamme is entertaining, but his reporting leaves a lot to be desired. “Reporting via Facebook posts” is one of his go-to moves. 
That would be a good pic. But let’s hope not. 
This seems relevant to the thread, as well as all the 11ft8 threads:
Obviously what we need is more good cars with guns.
It’s an option. It’s called The Vesuvius Lift.
I’m disappointed in my fellow commentators today.
45 minutes of kvetching.
Seemed like the joke had been made already
Are you saying we’re in a post-joke environment?
I was waiting to see how he cleaned and sharpened it. 
I guess that puts you in pole position.
In William Gibson’s Blue Ant Trilogy there’s a fictional band called ‘The Bollards’.
The purpose of a bollard is harm reduction. Through that lens, is the bollard effective? If it’s actually preventing multi-vehicle (edit: or pedestrian) collisions due to the improper driving behavior, then yes. That said, given the (admittedly limited and biased) evidence provided, it’s unclear whether this is the case.
Maybe replace it with one or two of these retractable types.
