Welcome to the world of competition...in the end, it is the consumer who should always prevail and for business to compete for their money.
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Market forces RULE!
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No, Wal-Mart bad for all, leaching government benefits via poverty wages, destroying local commerce, communities,
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Lower prices are not good for shoppers if the end result is a lessening of competition.
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Many major chains compete. Smart shoppers save with sales & coupons. Only small stores hurt.
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Major chains restrict supply chains and salaries by driving small stores out of business. It's called monopoly.
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All major chains hurt small business because they buy at larger volumes and by doing so get lower costs. It's economics.
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Yeah - and they also get big enough to drive the supply chain including the wages. Big not best or worst - just has to be managed correctly.
End of conversation
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Razor thin profits in grocery/food sales already - and ppl had concerns when Wally World put local hardware stores out of business
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Sure are
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Not good for customers if they consider how much it costs them in income tax to pay for health care, food stamps etc. for Walmart employees.
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In my area ethnic groceries have much better selection and noticeably lower prices than walmart, so it is possible. Others need to go down.
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Grocers can compete. The end of artificially high prices has come. I wish the same could be said of car sales, still mafia owned...
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Wal-Mart lifts the burden off taxpayers. Higher prices just mean more taxes to supplement food stamps.
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And as a senior citizen I appreciate the lower prices plus a lot of seniors work for Wal-Mart. One of the few companies willing to hire us.
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I expect that will change as Trump starts imposing higher import taxes. It's time Wal-Mart return to Sam Walton's made in USA mantra.
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Fierce competition? Possibly! Monopoly in making? Most likely! All we Baby Boomers: Remember Ma Bell?
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