The Mudcat Café TM
Thread #69093   Message #1177101
Posted By: M.Ted
03-May-04 - 04:32 PM
Thread Name: BS: Supermarkets destroying Communities
Subject: RE: BS: Supermarkets destroying Communities
Actually, Martin, Walmart's suppliers aren't necessarily too happy with them--check this out The Walmart You Don't Know. As to your snide remarks about the areas where the two Walmarts closed--there are plenty of other stores there that have not closed, in fact, they were both in high growth areas with lots of new retail development--

The thing about Walmart is that it sells to the bottom end of the market--a Walmart is great if you have no choice but to shop at those dumpy "mom and pops" that folks love to eulogize(but hated to shop at)--but the folks who move into the sprawling, expensive new developments want better quality stuff than Walmart carries, which is why Target, Circuit City, Kohl's etc are cutting into their market share--

Walmart sells low priced, low profit margin merchandise--their marketing strategy is to increase sales volume and to force their suppliers to keep cutting prices--that means the quality of their merchandise inevitably goes down--the thing is that the great majority of consumers want higher quality, and can afford to pay for it--where does that take Walmart?(Hint--Where are Woolco, Ames, and Jamesway?)