Walmart does NOT have an overall negative impact on small businesses

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ultimatebob

Lifer
Jul 1, 2001
25,134
2,450
126
I hate Walmart because they sell cheap Chinese junk that falls apart a few months after they buy it. Sure, it's a few bucks cheaper initially, but it is really cheaper in the long run if you need to replace this stuff twice as often?
 

Scarpozzi

Lifer
Jun 13, 2000
26,391
1,780
126
I wish every store had WalMart's prices though. I really don't see anything long with a low-price leader coming in and cleaning house. That just means that anyone competing will either have to go cheaper or diversify. I see nothing wrong with things the way they are.
 

EatSpam

Diamond Member
May 1, 2005
6,423
0
0
Originally posted by: mugs
Originally posted by: KK
The people that hate walmart because they a successful are too stupid to understand anything you are saying.

Now I dislike walmart because their damn checkout lines are too fvcking long.

:thumbsup: I've always found Target to be a more positive shopping experience, so I shop at Target.

I've always found Target to have even less American made goods than Wal-mart. And to top it off, they have an "Asian Specialty" section - as if 99% of their other products weren't made in Asia anyway.
 

EatSpam

Diamond Member
May 1, 2005
6,423
0
0
Originally posted by: Scarpozzi
I wish every store had WalMart's prices though. I really don't see anything long with a low-price leader coming in and cleaning house. That just means that anyone competing will either have to go cheaper or diversify. I see nothing wrong with things the way they are.

We started shopping at our local Jewel, which utilizes Union labor and stopped going to Wal-mart. And you know, our grocery bill really hasn't gone up and the fresh vegetables are actually fresh!
 

sygyzy

Lifer
Oct 21, 2000
14,001
4
76
I don't really see what your argument is. In fact, your whole post doesn't have a single fact in it. Are you just stating your opinion? From your strongly worded post title, I just expected something more concrete.
 

Amused

Elite Member
Apr 14, 2001
57,347
19,503
146
Originally posted by: EatSpam
Originally posted by: Scarpozzi
I wish every store had WalMart's prices though. I really don't see anything long with a low-price leader coming in and cleaning house. That just means that anyone competing will either have to go cheaper or diversify. I see nothing wrong with things the way they are.

We started shopping at our local Jewel, which utilizes Union labor and stopped going to Wal-mart. And you know, our grocery bill really hasn't gone up and the fresh vegetables are actually fresh!

Not gone up? Are you fscking kidding me? Jewel Osco is the most over priced grocery store in this town. Higher than Schnucks (a store much like Kroger). The price for our weekly groceries at Jewel is 30-50% higher than Super Walmart or Meijers and 10-20% higher than Schnucks

We shop at Meijers only because it's closer than our Super Walmart and we like their deli better.
 

ggnl

Diamond Member
Jul 2, 2004
5,095
1
0
Originally posted by: CPA
Originally posted by: ggnl
Costco v. Wal-Mart: How They Stack Up

Global Workforce
Wal-Mart: 1.6 million associates
Costco: 113,000 employees

U.S. Workforce
Wal-Mart: 1.2 million
Costco: 83,600

U.S. Union Members
Wal-Mart: 0
Costco: 15,000

U.S. Stores
Wal-Mart: 3,600
Costco: 336

Net Profits (2004)
Wal-Mart: $10.5 billion
Costco: $882 million

CEO Salary + Bonus (2004)
Wal-Mart: $5.3 million
Costco: $350,000

Average Pay
Wal-Mart: $9.68/hour
Costco: $16/hour

Health Plan Costs
Wal-Mart: Associates pay 34% of premiums + deductible ($350-$1,000)
Costco: Comprehensive; employees pay 5-8% of premiums

Employees Covered By Company Health Insurance
Wal-Mart: 48%
Costco: 82%

Employee Turnover (estimate)
Wal-Mart: 50%
Costco: 24%

And your point is what? They have different business models? Good, that's what makes America great.

Are you going to argue that Wal-Mart treats it's employees well? WM squeezes every last ounce of cost savings they can out of their labor. While it looks great on their balance sheet it does nothing to improve the quality of life of their employees.

The Costco comparison simply shows that another large company in the same industry hasn't had to resort to slashing labor rates and benefits to remain profitable. In fact Costco has turned their higher labor rates into a competitive advantage by cutting turnover and creating relatively motivated and loyal employees.
 

Schadenfroh

Elite Member
Mar 8, 2003
38,416
4
0
Silly, 3 supermarkets, 2 department stores shutting down several months after the Wal-Mart super center opened is just a coincidence.
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
Originally posted by: sygyzy
I don't really see what your argument is. In fact, your whole post doesn't have a single fact in it. Are you just stating your opinion? From your strongly worded post title, I just expected something more concrete.

My point is that the Walmart is Evil argument always includes references to how Walmart kills small businesses. Small business have increased over the years. To me this negates that argument. I don't argue that some small business do go under because of Walmart, but I'm sure plenty have been created by Walmart.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
Originally posted by: ggnl
Originally posted by: CPA
Originally posted by: ggnl
Costco v. Wal-Mart: How They Stack Up

Global Workforce
Wal-Mart: 1.6 million associates
Costco: 113,000 employees

U.S. Workforce
Wal-Mart: 1.2 million
Costco: 83,600

U.S. Union Members
Wal-Mart: 0
Costco: 15,000

U.S. Stores
Wal-Mart: 3,600
Costco: 336

Net Profits (2004)
Wal-Mart: $10.5 billion
Costco: $882 million

CEO Salary + Bonus (2004)
Wal-Mart: $5.3 million
Costco: $350,000

Average Pay
Wal-Mart: $9.68/hour
Costco: $16/hour

Health Plan Costs
Wal-Mart: Associates pay 34% of premiums + deductible ($350-$1,000)
Costco: Comprehensive; employees pay 5-8% of premiums

Employees Covered By Company Health Insurance
Wal-Mart: 48%
Costco: 82%

Employee Turnover (estimate)
Wal-Mart: 50%
Costco: 24%

And your point is what? They have different business models? Good, that's what makes America great.

Are you going to argue that Wal-Mart treats it's employees well? WM squeezes every last ounce of cost savings they can out of their labor. While it looks great on their balance sheet it does nothing to improve the quality of life of their employees.

The Costco comparison simply shows that another large company in the same industry hasn't had to resort to slashing labor rates and benefits to remain profitable. In fact Costco has turned their higher labor rates into a competitive advantage by cutting turnover and creating relatively motivated and loyal employees.

Your argument is ignorant and elitist. Compared to Wal-Mart, Costco is an upmarket retailer catering to more affluent classes. They can afford to pay their employees more and pass on the costs to its customers (who in turn can afford it). Wal-Mart is not in the same market. Costco charges an annual membership fee and carries (for the most part) more expensive, higher-end merchandise sold primarily in bulk sizes.

People like you really piss me off. "Why can't the poor people shop at Costco?" :roll: <^>


edit: and you college punks should know that small mom-and-pop retailers don't provide sh!t in the way of benefits.
 

EatSpam

Diamond Member
May 1, 2005
6,423
0
0
Originally posted by: Amused
Originally posted by: EatSpam
Originally posted by: Scarpozzi
I wish every store had WalMart's prices though. I really don't see anything long with a low-price leader coming in and cleaning house. That just means that anyone competing will either have to go cheaper or diversify. I see nothing wrong with things the way they are.

We started shopping at our local Jewel, which utilizes Union labor and stopped going to Wal-mart. And you know, our grocery bill really hasn't gone up and the fresh vegetables are actually fresh!

Not gone up? Are you fscking kidding me? Jewel Osco is the most over priced grocery store in this town. Higher than Schnucks (a store much like Kroger). The price for our weekly groceries at Jewel is 30-50% higher than Super Walmart or Meijers and 10-20% higher than Schnucks

We shop at Meijers only because it's closer than our Super Walmart and we like their deli better.

Schnucks is another one we shop at.... prices aren't bad there either. But Wal-mart isn't really much cheaper and the food quality sucks in comparison. From that list of stores you gave, it sounds like you live pretty near to me. Jewel and Schnucks are in a very small number of towns together.
 

Aharami

Lifer
Aug 31, 2001
21,205
165
106
Originally posted by: mugs
Originally posted by: KK
The people that hate walmart because they a successful are too stupid to understand anything you are saying.

Now I dislike walmart because their damn checkout lines are too fvcking long.

:thumbsup: I've always found Target to be a more positive shopping experience, so I shop at Target.

yep.. IMO Target > Walmart
 

Mill

Lifer
Oct 10, 1999
28,558
3
81
Walmart does NOT have an overall negative impact on small businesses

Sure it does. That "idea" wasn't just created out of the clear blue sky. I've watched Wal-Mart move in over the years and destroy small business. Does the town or residents really care? Nope. Typically the overall economic gain is positive. Throw in a Wal-Mart, and a few other "chain" shops in a strip-mall type atmosphere, and who cares what happened to 5 or 6 small businesses? You've got one stop shopping now, and you don't have to drive to the next town.

It may be true that Wal-Mart hasn't done irreparable harm to small businesses. Most are so far outside Wal-Mart's business model and they don't compete with Wal-Mart. Either they have specialty goods, or Wal-Mart doesn't carry their product or services.

The *major* type of business that has been hurt has been grocery stores and other local businesses. They may not be individually owned, but most grocery stores are local to the area they are located in. At least in the South.

Bruno's in Birmingham used to dominate with over 80% of the market. In doing so, they bought all their local produce, milk, and pretty much any other non-perishable item from local manufacturers. Of course, they had their own factories to produce their off-label generic branded merchandise. What happens when Wal-Mart comes in and takes 50% of the market share away? You think they care about local suppliers and manufacturers? Umm... no. They already have agreements in place with national and regional vendors, so all the local guys are left with a declining business. Not just the grocery stores -- but the people who supplied them. It has a domino effect.

To act as if Wal-Mart has a positive effect would depend on how you define positive. If you define positive solely by tax-revenue, then yes they have a positive effect. Using any other barometer -- such as local investment, local supply, etc -- they sure as hell don't.

Before you call me a Wal-Mart hater, I want you to understand that I'm a shareholder of a good number of shares. I don't hate Wal-Mart, but I don't care for the company as a whole. The as I can extricate myself from them the better.
 

torpid

Lifer
Sep 14, 2003
11,631
11
76
Originally posted by: CPA
First off, I'm not going to post this in P&N because there have been plenty of WalMart bashing threads in OT. So I felt my post of a defense of the company deserves the same forum.

While I am not a Walmart cheerleader, I do frequent the company and see very little wrong with how they run the company (illegal workers excluded). Now the biggest issue I have with the Walmart argument are the folks, and it happens in every Walmart thread, that make the erroneous accusation that Walmart is the sole cause of mom & pop shops (small and medium businesses) shutting down. Well, that may be look to be true on the surface, but what isn't reported is that that small & medium-sized businesses have grown from 1995 to 2002.. From experience, I know of a small business owner who wouldn't have survived if not for Walmart. Walmarts allow (or at least used to allow) jobbers to come in and stock their wares, similar to Home Depot or Lowe's. Yes, Walmart gets a cut, but the small business owner gets a much larger consumer base than would be available at it's small location.

Though I don't have empirical data, I submit that the majority of owner's of small businesses who "may" have closed due to Walmart, have in fact gone on to different business ownership opportunities. Usually, once and entrepenuer, always an entrepenuer. Also, many small companies are in existance because of Walmart. I don't care for the "But do you see how they treat their vendors argument", either. That's a weak argument to cover up the other weak argument that Walmart has caused the demise of small businesses. Businesses need to be flexible and businesses need diversify their customers, just like you would diversify your stock portfolio. And if the business couldn't accomodate Walmart they would either close down or move on.

I don't understand how those charts demonstrate anything. It seems you are committing the logical fallacy of assuming the consequent. In order to offer any sort of evidence one way or another, you would have to study numerous communities, with communities that reject wal marts being the control group and communities that allowed the wal mart being the other. Of course, even this would need to be done carefully to avoid confounding factors.
 

ggnl

Diamond Member
Jul 2, 2004
5,095
1
0
Originally posted by: Vic
Originally posted by: ggnl
Originally posted by: CPA

And your point is what? They have different business models? Good, that's what makes America great.

Are you going to argue that Wal-Mart treats it's employees well? WM squeezes every last ounce of cost savings they can out of their labor. While it looks great on their balance sheet it does nothing to improve the quality of life of their employees.

The Costco comparison simply shows that another large company in the same industry hasn't had to resort to slashing labor rates and benefits to remain profitable. In fact Costco has turned their higher labor rates into a competitive advantage by cutting turnover and creating relatively motivated and loyal employees.

Your argument is ignorant and elitist. Compared to Wal-Mart, Costco is an upmarket retailer catering to more affluent classes. They can afford to pay their employees more and pass on the costs to its customers (who in turn can afford it). Wal-Mart is not in the same market. Costco charges an annual membership fee and carries (for the most part) more expensive, higher-end merchandise sold primarily in bulk sizes.

People like you really piss me off. "Why can't the poor people shop at Costco?" :roll: <^>

edit: and you college punks should know that small mom-and-pop retailers don't provide sh!t in the way of benefits.

Catering to more affluent clients justifies a 65% increase in compensation!? Do you honestly believe their profit margin is that much higher? Or maybe, just maybe, they recognize that well compensated employees are more productive. You can get as indignant as you want, but you cannot deny that Walmart has aggressively cut labor rates in an attempt to cut overall costs.

If you want a more accurate comparison, the average labor rate of Sam's Club and Costco is 11.57 and 15.97, respectively.

And FYI, I've never set foot in a Costco in my life.
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,402
8,572
126
Originally posted by: Scarpozzi
I wish every store had WalMart's prices though. I really don't see anything long with a low-price leader coming in and cleaning house. That just means that anyone competing will either have to go cheaper or diversify. I see nothing wrong with things the way they are.

the funny this is that outside of the advertisements, wal-mart's prices are often higher than their competitors. but are you going to drive to the other side of the highway with your receipt in hand to comparison shop at target? nope. walmart is the king of the loss-leader.
 

TuxDave

Lifer
Oct 8, 2002
10,571
3
71
I'm not sure what your link is trying to prove. So small & medium sized businesses as a whole has grown from 1995 to 2002 but that doesn't give us any information on localized impacts of Walmarts in areas where they open up. Can you please explain?
 

SampSon

Diamond Member
Jan 3, 2006
7,160
1
0
Small businesses are still the most prevalent businesses in america, by an overwhelming margin. It has always been that way, and it will remain that way for a very long time.

Can anyone please provide real data on the negative impact wal-mart has had on local economies? Please don't use "I know a guy who..", or "From what I see", or "These stores shut down shortly after wal-mart came into town", or "just think about it", statements. Please provide hard facts with the economic research to back them up. Just because a store closed after wal-mart opened up does not directly mean it was because of the wal-mart opening. Sure it's convenient to assume that, but until you can provide hard facts everything you say is just heresay.

In everyone of these threads the argument rolls on for pages without any real data being presented, in fact the only article I've seen in these threads that has to do with wal-marts impact on anything is the Vlasic pickle gallon article, that was also posted in this thread. I'm still waiting, it's been a couple years now.
 

Mill

Lifer
Oct 10, 1999
28,558
3
81
Originally posted by: SampSon
Small businesses are still the most prevalent businesses in america, by an overwhelming margin. It has always been that way, and it will remain that way for a very long time.

Can anyone please provide real data on the negative impact wal-mart has had on local economies? Please don't use "I know a guy who..", or "From what I see", or "These stores shut down shortly after wal-mart came into town", or "just think about it", statements. Please provide hard facts with the economic research to back them up. Just because a store closed after wal-mart opened up does not directly mean it was because of the wal-mart opening. Sure it's convenient to assume that, but until you can provide hard facts everything you say is just heresay.

In everyone of these threads the argument rolls on for pages without any real data being presented, in fact the only article I've seen in these threads that has to do with wal-marts impact on anything is the Vlasic pickle gallon article, that was also posted in this thread. I'm still waiting, it's been a couple years now.

I gave out some numbers. I don't have access to the Birmingham Business Journal, but the dominate grocer around here is no longer dominate. Their market share fell from over 80% to less than 30%, whereas Wal-Mart went from near zero to being on top. Now, how does that harm the local economy? As I mentioned, Wal-Mart does not buy from any of the local vendors, producers, and manufacturers. I recognize and know what products are here and there, and Wal-Mart doesn't carry them, or carries a national brand instead.

You are asking for much more than a preponderance of evidence. If all evidence given were simply anecdotal, and never supported by any numbers (which people HAVE posted, I've read just about every Wal-Mart thread on this forum) then you'd have a point. You are asking for such a high burden of evidence that very few people are going to care to provide it. You could do that with any subject. Make the burden of proof so high that it would take extraordinary effort to obtain.

Anyway, just to humor you:

Hidden cost of Wal-Mart jobs

Bolstering the Chinese economy and not the American economy.

The "pickle" article

Congressional Report on the hidden costs and economic harm of Wal-Mart">http://edworkforce.house.gov/democrats/WALMARTREPORT.pdf</a>

Wal-Mart has small positive effect on retail employment, cuts small business numbers, and has a negative effect on wholesale employment.

 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
Originally posted by: ggnl
Catering to more affluent clients justifies a 65% increase in compensation!? Do you honestly believe their profit margin is that much higher? Or maybe, just maybe, they recognize that well compensated employees are more productive. You can get as indignant as you want, but you cannot deny that Walmart has aggressively cut labor rates in an attempt to cut overall costs.

If you want a more accurate comparison, the average labor rate of Sam's Club and Costco is 11.57 and 15.97, respectively.

And FYI, I've never set foot in a Costco in my life.
Or an economics classroom for that matter either, I can tell.
 

SampSon

Diamond Member
Jan 3, 2006
7,160
1
0
[/quote]I gave out some numbers. I don't have access to the Birmingham Business Journal, but the dominate grocer around here is no longer dominate. Their market share fell from over 80% to less than 30%, whereas Wal-Mart went from near zero to being on top. Now, how does that harm the local economy? As I mentioned, Wal-Mart does not buy from any of the local vendors, producers, and manufacturers. I recognize and know what products are here and there, and Wal-Mart doesn't carry them, or carries a national brand instead.

You are asking for much more than a preponderance of evidence. If all evidence given were simply anecdotal, and never supported by any numbers (which people HAVE posted, I've read just about every Wal-Mart thread on this forum) then you'd have a point. You are asking for such a high burden of evidence that very few people are going to care to provide it. You could do that with any subject. Make the burden of proof so high that it would take extraordinary effort to obtain.[/quote]
You gave out numbers with no supporting evidence. Though I will take your word for it. Reality is that the data and studies do exist, as your last article proves.
It's not too much of a burden to come up with data as to how many businesses shut down in an area after wal-mart sprung up. Even a simple study of correlation between the opening of a wal-mart in a marketing area and then the subsequent store closings would suffice to some degree. Economic researchers at universities and independent thinktanks are going at it constantly. The reality is that the people on this forum don't have the avenues in which to gain access to this data (google just doesn't cut it).

I'm asking for studies similar to what you posted just now, except more exact studies to do with the impact wal-mart has on local businesses. The only truly pertinent article you posted is the last one, which I am reading through, but most likely will have to save to read later. So far it's basically right on the money for the discussion of this thread. The other articles have to do with how wal-mart affects wages of workers and how they purchase their goods from off-shore manufacturers. The purchasing of goods from off-shore manufacturers is no new phenomenon, but it sure isn't a good trend.

As for the wage argument I don't see how the wages wal-mart pays differs greatly from and other local small business/retailer. Thoes jobs are entry level, they will get paid entry level wages. Blaming wal-mart for increased use of social assistance programs is a complete cop out. No matter where these uneducated, unskilled workers go they arn't going to be able to live the way they are making the wages they do. It's not the wal-mart's or any other businesses problem, it's a personal problem with the workers and their social standing. Just for kicks, say wal-mart didn't exist (which would be negating history since 1968), and all these businesses that shutterd due to wal-mart's tactics were back in business full strength. Why would it be ok to assume that these businesses would pay much higher wages to the same level of worker? The workers are going to get paid near minimum wage if they work for wal-mart or Jack and Jane Smith's store. The supply cost of goods is not going to decrease if wal-mart did not exist, nor is the retail cost going to decrease either. People will always be quick to jump on the bandwagon of blaming big business for the inability of the bottom-of-the-barrel worker to get by, reality is that these people wouldn't do any better if wal-mart didn't exist, and probably in many areas wouldn't have any job at all.

The vendor arguments are also partly moot due to the fact that these vendors sell the crap to wal-mart at incredibly low prices, willingly. Then these vendors get threatened by wal-mart stating "if you raise the price we will stop buying all your product". Well the vendors should say "ok, then piss off", because in an example like the vlasic pickle deal the vendors were only making one penny per gallon jug. It's not like wal-mart is the only purchaser of vlasic pickles, though I bet it's the only purchaser that gets them at such discount that the profit margin is nearly zero. There are many MANY other thriving businesses out there that are willing to buy the product from these vendors. Last time I checked in my area all the supermarkets were doing VERY well and still selling all kinds of pickles. These vendors don't have the balls to stand up to wal-mart and say "f you". Mabey if they did than others would notice and follow suit, there are many vendors out there that don't deal with wal-mart and they seem to be doing just fine. I have very little sympathy for these vendors that just get pushed over while operating in a country that allows you choices.

Our generation isn't old enough to remember a world where big business didn't exist. We grew up with department stores, supermarkets, malls, strip malls and plazas. We grew up in a time where globalization was already getting into high gear and the classic American worker was already being screwed systematically. This has been going on for as long as we have been alive, it's only now that our generation is coming to realize it and is angry, so we lash out at wal-mart because they are the largest. Mabey our generation will get angry enough to actually do something, but I highly doubt that, they are too wrapped up in having stuff.

We don't live in the 19th or early 20th century where there was that one main general store owned by the same family for generations and the farmers market where all the locals went to sell their wares. The market is no longer extremely throttled by transportation, technology and communication limitations. Most businesses are not there to "help the community", they are there to make money. If someone can't cut the mustard then there will always be someone else waiting in line to give it a shot.
 

Acanthus

Lifer
Aug 28, 2001
19,915
2
76
ostif.org
Originally posted by: ggnl
Originally posted by: Vic
Originally posted by: ggnl
Originally posted by: CPA

And your point is what? They have different business models? Good, that's what makes America great.

Are you going to argue that Wal-Mart treats it's employees well? WM squeezes every last ounce of cost savings they can out of their labor. While it looks great on their balance sheet it does nothing to improve the quality of life of their employees.

The Costco comparison simply shows that another large company in the same industry hasn't had to resort to slashing labor rates and benefits to remain profitable. In fact Costco has turned their higher labor rates into a competitive advantage by cutting turnover and creating relatively motivated and loyal employees.

Your argument is ignorant and elitist. Compared to Wal-Mart, Costco is an upmarket retailer catering to more affluent classes. They can afford to pay their employees more and pass on the costs to its customers (who in turn can afford it). Wal-Mart is not in the same market. Costco charges an annual membership fee and carries (for the most part) more expensive, higher-end merchandise sold primarily in bulk sizes.

People like you really piss me off. "Why can't the poor people shop at Costco?" :roll: <^>

edit: and you college punks should know that small mom-and-pop retailers don't provide sh!t in the way of benefits.

Catering to more affluent clients justifies a 65% increase in compensation!? Do you honestly believe their profit margin is that much higher? Or maybe, just maybe, they recognize that well compensated employees are more productive. You can get as indignant as you want, but you cannot deny that Walmart has aggressively cut labor rates in an attempt to cut overall costs.

If you want a more accurate comparison, the average labor rate of Sam's Club and Costco is 11.57 and 15.97, respectively.

And FYI, I've never set foot in a Costco in my life.

One of sams clubs major concerns at their last "managers meeting" was droves of people jumping ship to work at costco as soon as one opens up in their city.

costco pays much better, and has much better benefits.

Walmart decimates small businesses around it when it moves in. Ive seen it crush grocery stores, true value hardwares (multiple), mom and pop corner stores, even wholesalers.
 

shoRunner

Platinum Member
Nov 8, 2004
2,629
1
0
http://www.pbs.org/wgbh/pages/frontline/shows/walmart/view/

i enjoyed that frontline and found it very informative.

and how does overall small business growth and walmart have anything to do with each other. how bout small retail business or grocers. just because overall small businesses grew means absolutely nothing. the OP had no data backing up the arguement only his opinion, which i'm sure we all have.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
Originally posted by: Acanthus
One of sams clubs major concerns at their last "managers meeting" was droves of people jumping ship to work at costco as soon as one opens up in their city.

costco pays much better, and has much better benefits.

Walmart decimates small businesses around it when it moves in. Ive seen it crush grocery stores, true value hardwares (multiple), mom and pop corner stores, even wholesalers.
So Wal-Mart will have to increase its wages to remain competitive in the employment market. I don't see the problem here. In the meantime, Costco gets their pick of the best employees and leaves the dregs for Wal-Mart.

You might want to ask yourself HOW it is that Wal-Mart decimates small business, as you claim. You make it sound like they must be doing something shady or illegal, but that's not true at all, is it? The reality is that consumers choose to shop at Wal-Mart instead of the small businesses, now isn't it? Just like employees can choose to work at Costco if Costco pays more.

But choice! OMG we can't have people actually choosing, can we? They might choose other that what you would prefer! ;)