It's the strong arm tactics they use to achieve those low prices that creates an uneven playing field for small businesses.
Every business that resells a product aims to get it at the lowest price possible. It's not Walmart's fault the suppliers give in. The more a company sells the lower they buy it for. Happens in every industry
I don't hate on them for offering low prices. It's the strong arm tactics they use to achieve those low prices that creates an uneven playing field for small businesses. Leveraging their power for gov subsidies is just one of those tactics (but shame on the elected officials for allowing it to happen).
How do you think they offer low prices to the poor? We may not agree with their methods, but the result is a win, IMO.
I've mentioned it elsewhere before, but I don't think offering cheap (read: low quality) products to the poor is a win in the long run. When items break they're forced to buy another, sometimes two of one item costs more than one of a single, higher quality item. It also creates more waste. Low cost food might be the only point that is a win.
Hell, their employees are paid poorly resulting in piss poor customer service, too.
Walmart's philosophy is undercut everyone else even if it means cutting margins to near cost. Thereby making it near impossible for independent bussiness owners to compete and driving them out of business. Its hard to blame the consumer for wanting to save money.
Once their power grew they then leveraged it against suppliers forcing them to lower prices as well just so they can get their products in the store. They are ruthless as hell.
Amazon is doing the same thing now.
Every business that resells a product aims to get it at the lowest price possible. It's not Walmart's fault the suppliers give in. The more a company sells the lower they buy it for. Happens in every industry
People watching at a Walmart in Alabama is a guilty pleasure for me.
My gosh. Wally World blows. I go in that place for a thing if toothpaste at 11:40 at night and they got one damn Lane open and it's the tobacco lane so there's fourteen skinny rednecks that puff and stink like yesterday's laundry and the other six families are mexican and they have two little kids that are are the worst behaved kids I've ever seen. They crazy thing is, thi happened at every wal mart I've been too.