If we are talking about food (the thread topic) then I'm not sure why we are labeling Walmart as offering inferior food products when the vast majority of what they offer is the same as any grocery store.
Sorry, I wasn't talking about food. Walmart's food prices aren't an issue.
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they are also cheaper for toys and electronics. the same toys and electronics that are sold elsewhere. i very much doubt furniture is a significant majority of wallmart's sales. ikea has crappy furniture too, but i dont' see outrage over people shopping there. fact remains walmart provides many low income people with low prices for things that are sold elsewhere for higher prices and that is unquestionably a benefit. they still have the most efficient distribution system in teh world. it's absurd to argue their prices are lower because of inferior product. that just isn't looking at reality.
I think its the perception that it, and other warehouse-type or style companies, has run out of business local family owned businesses to the detriment of the long term health of communities.
Walmart (and other large retailers) is a double edged sword to communities. Those lower prices come at a cost. They dictate to their suppliers the prices at which goods can be sold. This forces manufacturers to look for ways to reduce cost. Often it is through cheapening the product. The manufacter will make a product line specifically for walmart that is not equal in value to what a local retailer offers. Most consumers are to ignorant to know the difference. Cost savings are also achieved by sending jobs to other countries which hurts the communities that lose those jobs.
While providing jobs there is also an arguement that the profits return to the corporate headquarters instead of staying in the local community.
I don't blame walmart for making smart business decisions but I don't support them. I shop my local retailer as much as possible.Posted via VolNation Mobile
Walmart (and other large retailers) is a double edged sword to communities. Those lower prices come at a cost. They dictate to their suppliers the prices at which goods can be sold. This forces manufacturers to look for ways to reduce cost. Often it is through cheapening the product. The manufacter will make a product line specifically for walmart that is not equal in value to what a local retailer offers. Most consumers are to ignorant to know the difference. Cost savings are also achieved by sending jobs to other countries which hurts the communities that lose those jobs.
While providing jobs there is also an arguement that the profits return to the corporate headquarters instead of staying in the local community.
I don't blame walmart for making smart business decisions but I don't support them. I shop my local retailer as much as possible.
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i actually did real estate studies for some big box retailers at my first job. you'd be surprised how much in local revenue the sales tax increase provides to smaller communities. it can easily be in the tens of millions a year.
i actually did real estate studies for some big box retailers at my first job. you'd be surprised how much in local revenue the sales tax increase provides to smaller communities. it can easily be in the tens of millions a year.
This is a legit question, was the lost local sales tax revenue factored. I ask because a community is going to buy a finite number of goods. Walmart is not that much cheaper that a community's purchasing power is going to double.
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This is a legit question, was the lost local sales tax revenue factored. I ask because a community is going to buy a finite number of goods. Walmart is not that much cheaper that a community's purchasing power is going to double.
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yes but what they've found is that the people in the community shoped in other cities if a walmart or costo or whatever wasn't available. this is why revenue increased.
But a WM has a much larger trading area than a smaller store. In effect, the WM brings in tax revenues to the community where it is located that otherwise would have gone to another community(ies)
The other thing about WM (and why communities fight for them) is that as a traffic magnet it creates opportunities for other retailers. The strip mall holding a WM brings many other retailers.
Hibbetts Sports specifically expands based on WM expansion. They go in the same location and adjust merchandise to carry SG that Walmart doesn't carry.