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![]() Enthusiast ![]() ![]() ![]() ![]() ![]() Joined Mar 4, '03 From Kirkland, Washington Currently Offline Reputation: 0 (0%) ![]() |
I dont know if you guys know what all goes into putting a Wal-Mart up but my goodness theres always a fight in every city to keep it out of their city.
Do you guys have any problems with Wal-Mart? go to Walmart facts\ they have such a bad rap but i personally see nothing wrong with the company. They are an excellent company for wifes or family members of those who live on military bases. Gives people a chance to work. -------------------- Cruisin down the street in my Infiniti...always lookin for my next trip to Sin City
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![]() Enthusiast ![]() ![]() ![]() Joined Feb 27, '04 From Illinois Currently Offline Reputation: 1 (100%) ![]() |
The problem with Wal-Mart is that it doesn't keep as much money in the community. It drains the community's economy because their pay doesn't reciprocate the amounts of dollars spent there. Wal-Mart doesn't make money hand over fist like some may think. Their net profit margin is only 3.6% (which means for every dollar spent, Wal-Mart keeps .036 cents).
The benefits of Wal-Mart is that they give their shoppers excellent prices for quality goods. Meaning you can shop there and walk out with a ton of stuff without paying a buttload of money. Wal-Mart does drive out smaller businesses. Since Wal-Mart was brought into my area, 3 grocery stores have been put out of business. The biggest one, Eagles which had roughly 8 stores throughout my area, is now out of business. My opinion of liking or disliking Wal-Mart has to do with how you look at them. As a shopper, its great. But as a small business owner (which I am not one) must hate them with a passion. Their profits aren't enough to remain open. And Wal-Mart is capable of lowering their prices (even if it means a net loss on a certain product) just to drive out their competition. As long as a shopper is in the store, they're hooked because rarely can someone just walk in with one item on their list to buy. They will walk out with something else as well that they may need. That's Wal-Marts objective for business: Have EVERYTHING you could ever need in a store for sale at low costs. They're tough to compete against. -------------------- ![]() |
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Lo-Fi Version | Time is now: February 23rd, 2025 - 3:20 AM |