Its more than that. Part of their approach to suppliers is to demand that the suppliers keep cutting their prices to Walmart, around 5 - 10% per year. Then if the supplier balks, Walmart simply goes to China or other 3rd world country and finds a company to make the same product for even cheaper.
To me it very reminiscent of a protection racket. larry On 1/16/06, Nick McClure <[EMAIL PROTECTED]> wrote: > The model of wal-mart is to undercut competitors by buying in bulk and > passing the savings on the consumer. > > Why, because people want to pay less for the stuff they need and want. > When other companies started buying for similar prices; wal-mart adapted > by paying employees less. > > It isn't the greed of the company that causes wal-marts actions, it is > the desires of the consumer that force wal-mart to do these things. If > wal-mart were the same price people wouldn't shop there. > > > -----Original Message----- > > From: Vivec [mailto:[EMAIL PROTECTED] > > Sent: Monday, January 16, 2006 8:32 AM > > To: CF-Community > > Subject: Re: [signs of sanity] MD no longer subsidizing Walmart > > > > Uhh...I never said anything about government getting involved. > > > > The practices of Walmart are clearly not in the best interests of the > > people that work for Walmart. And many times they aren't in the best > > interests of the towns etc. > > > > Ethics does not need to come from a government either. What I said was > > Capitalism tempered by good Ethics would be oh so much better than > > simple random capitalism. > > > > Capitalism, and the Greed of large corporations is what creates the > > Devils of which we speak in this Thread. > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:192564 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
