To be honest, in this economy, I don't give a shit. I, like a lot of people, need to get the most out of each and every dollar I spend. The best place for that, in my opinion, is Wal-Mart.
When the economy turns around, and I am no longer afraid that it may effect my job, then I can go back to supporting local businesses, until then, I need to do what is best for my family. On Mon, Sep 27, 2010 at 4:10 PM, Larry C. Lyons <[email protected]> wrote: > > With Walmart however its not just the employees they like to screw > around, its the small and medium businesses that are the suppliers for > the company. > > What happens is that the contracts allow for a renegotiation every > year. Year 1 no problem, the supplier typically gives a reasonable > price which Walmart accepts. Year 2 Walmart comes back and tells the > supplier to knock 5% off the price. If not Walmart will go overseas to > a Chinese supplier who can meet that price. That's not so bad so the > supplier usually complies. Unfortunately Walmart then does it on year > 3 and 4. Quite rapidly the supplier finds that his margin has > disappeared and they either have to let the Walmart contract go (which > has its own problems) or they have to go overseas themselves to meet > the new price. In the end the supplier and the people working for that > supplier in the US lose out. > > On Mon, Sep 27, 2010 at 3:50 PM, Sisk, Kris <[email protected]> wrote: >> >>>Didn't you use that example last week and didn't Jerry shoot it down? >> They don't raise prices and they create as many new business as the >> ones they replace. >> >> I must've missed it. I missed a lot of the list last week. It was a busy >> week. I'll have to go hunt through the archives. >> >>>Also, WalMart, like most retail jobs pay around minimum wage and >> employee college kids, housewives and retirees. If you are working >> there as a career they do have management opportunities but not that >> many. >> >> That's what they'd like. The truth of the matter is that an awful lot of >> people depend on full time Wal-Mart jobs to pay the bills. I know >> several of them and they make more than minimum wage (not that they're >> well paid by any stretch, but it's not minimum wage). Admittedly most of >> them are high school graduates or people who such useful majors as >> philosophy or, but that doesn't change the fact that they work full time >> at Wal-Mart. One in particular actually has a business degree but stays >> at Wal-Mart because she's getting by just fine (and, I think, is scared >> of change). The last several years Wal-Mart corporate has been bending >> over backwards to make their lives miserable because it costs them a >> hell of a lot less to fill the schedule with college kids, housewives, >> and retirees who don't qualify for full time benefits. >> >> > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:328007 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
