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February 3rd, 2006, 03:04 PM
Mega Super Mommy
Join Date: Sep 2005
Location: Galveston, TX
*whispering quietly because I'm not supposed to do this*
I don't shop there, here's why...
They are going to be the demise of this country. All the companies that have merchandise have to outsource because Walmart demands lower prices. That's why there's always new gadgets (like the spinning dish scrubber for example). What happens is, a company comes out with a new gadget and they get to set the price that Walmart sells it for. Then after it's been out for a while, walmart puts pressure on them to either sell it lower or they won't sell any of their products. So they come up with a new product to compensate. I have an article about this somewhere.
Take Huffy bikes for example, they had to give their plans away to competing companies so they could meet the demands of walmart and they still almost went under.
Levi's, same thing.
Company after company has almost bankrupted itself to get low prices.
Here's a classic example of what is happening: I live in a city ("B") that has a conjoining sister city ("T"). City T has a walmart that was thriving, Walmart has a policy that if a store makes $1 million they build another one so city B got a new superwalmart. So now 2 superwalmarts serve the same area. Do you know what happened? They spent a lot of money on a new building that is currently running in the red and now the first store is struggling to keep sales because a third store 20 miles away was just built.
Either the will eat themselves out of business or we become a nation dependent on Walmart who gets their products from other countries.
Anyways, if anyone is interested in the article let me know and I'll take the time to dig it out. There were several CEO's that were interviewed for it (I think Valasic pickles, Huffy bikes and Levi Jeans)
*I'll stop whispering now*
edited: forgot to actually answer the original question and spelling
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