loveheadphones
100+ Head-Fier
- Joined
- May 12, 2003
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I think Walmart has strayed from their core business. Sam Walton initially started the business to bring big-city items to rural towns, because it used to take hours just to shop for necessities. He brought items in at low prices so that everybody in rural america could afford them. He paid low wages because that was all that people in rural america needed to survive. Now, Walmart has come into the cities, and undercutting every major retailer. This has been made possible by embarrassingly low pay for employees, as well as predatory merchandise deals. Walmart (as an entity) now uses its market share to intimidate suppliers to lower prices.
Just recently, Toys-r-us signed some exclusive deals with toy suppliers - essentially making it so the toy supplier would only sell to Toys-r-us. Common speculation is that the suppliers agreed so that they wouldn't have to negotiate with Walmart. That way, their prices can remain higher and the suppliers can make more money.
Personally, I don't like Walmart. I hate seeing all the vacated warehouses once Walmart has come and gone from a city.
Just recently, Toys-r-us signed some exclusive deals with toy suppliers - essentially making it so the toy supplier would only sell to Toys-r-us. Common speculation is that the suppliers agreed so that they wouldn't have to negotiate with Walmart. That way, their prices can remain higher and the suppliers can make more money.
Personally, I don't like Walmart. I hate seeing all the vacated warehouses once Walmart has come and gone from a city.