ahh, a topic that i have griped about with my family for years...
i have two family members in wal mart at managment levels.
I can tell you, and from wal mart working experience, i know the inside deal on these stores.
First off, i do believe it is becoming a monopoly, but has not yet acheived it yet. there are still towns who fight tooth and nail to keep wal mart
I know for a FACT that walmart will come into a rural town, (while increasing the job market), will lower prices to the point that they take a loss,
until local mom and pop shops can no longer afford to keep the doors open, then they will raise them back to the normal "lower price"
It has happened in two towns i have been in. i have seen the cost sheets from my brother..who is an assistant manager in one of the local stores.
Here is the #1 fact ladies and gentlemen..........
WALMART DIED WITH SAM WALTON.--when sam walton died, so did his vision for a great store, with friendly people, and great product at cheap prices.
then, the children took over....it has since become all about the money, while i think 70+% of all product in walmart comes from china....to lower
overhead, they work people in areas that require multiple hands to accomplish the tasks at hand (i've done it..trust me).....and, they will usually
keep the raises to a minimum.....if at all.
Greed, that has what is has become. sad to say, but walmart is dead, and a global super conglomorate has emerged, ready to pay under the table for
illegal cleaning crews, underage cashiers, and cheat people out of overtime pay by making them work 4 hours overtime a day, then cuttin the last day
of the week short so they get a regular paycheck....all the while, the employees work 10/12/14 hour shifts......
I have worked for walmart, i despise walmart....and i will only go in there if it is absolutely necessary.
I prefer the higher prices of mom an pop stores..usually, it's only a couple of buck anyways....nothing to get freaked about....and, customer service
try going into walmart now days....either there are attituded whiney children working "too hard" at the register, or pissed off stock people who
just want to go home. so they take it out on you.
It will get larger, unfortunately.....and i have to watch it from the inside out.