- Apr 20, 2003
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If anyone's interested PBS has a program called Is Wal-Mart Good For America?. I had to watch this for my Sociology class and I was amazed by how much power wal-mart really has. It's amazing how many companies wal-mart has put out of business.
They were talking about how Wal-mart sets the prices and basically tells the manufacturers how much they are going to pay for something. I used to work for Publix and we had a meeting months back discussing the increasing competition from Wal-mart and how we had to earn our customers with customer service because we couldn't afford to make our prices as low as Wal-Mart's. My manager even said that Wal-Mart tells the manufacturers how much they are going to pay but Publix doesn't have that kind of power. So Publix pays a lot more for their goods than Wal-Mart does.
They were talking about how Wal-mart sets the prices and basically tells the manufacturers how much they are going to pay for something. I used to work for Publix and we had a meeting months back discussing the increasing competition from Wal-mart and how we had to earn our customers with customer service because we couldn't afford to make our prices as low as Wal-Mart's. My manager even said that Wal-Mart tells the manufacturers how much they are going to pay but Publix doesn't have that kind of power. So Publix pays a lot more for their goods than Wal-Mart does.