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by 2nd Rick_Archive
Wal-Mart is an absolute machine...
If it weren't fore the lives and communities they leave in their wake, I could respect the efficiencies they have gained in sourcing, vendor negotiating, and keeping HR costs low.
In addition to the deepest deals and special programs, they make the vendors eat many of the traditional costs of doing business.
I knew a guy who was a sales manager for a large vacuum cleaner manufacturer.
To get ONE model added to WM store shelves, the MANUFACTURER had to cough up the costs fabricated my WM for adding that item and marketing that item.
Roughly $300-400K...
This is flat out extortion, and the smaller retailers can not get this type of special treatment.
They are masters at getting special treatment from every possible angle, and the vendors who want to sell to them, and the cities and towns who want that tax base, will happily bend over and take it.
And the droves of people displaced when the retail and local manufacturing jobs are dried up will accept their wages because they are better than nothing.
I do not shop at Wal-Mart out of choice, I always try to support local merchants when I can.
"If you can't get 'yer rock & roll across in less than two minutes,
another five isn't going to make the difference"
- Lin Brehmer