What are Walmart's high profit margin products?

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Phoenix86

Lifer
May 21, 2003
14,644
10
81
Originally posted by: SarcasticDwarf
Originally posted by: Phoenix86
Originally posted by: bpatters69
Ummmm..... Their people? They buy 'em cheap and pay 'em nothing.

Really? They start people at $10/hr+benefits at the one near me. I was shocked to find out they pay so much. Fvck, some tech support jobs pay $10 with 0 benefits.

Oh, and the supermarkets ain't paying that to their service reps.

I never understood this argument against WalMart.

They start at $6.15 here
But you live in WI, and I live in Ft. Worth, TX. Can't compare the two that easy. Compare it vs. other cashier jobs in your area. Other cashier jobs start under $8/hr w/ 0 benefits. Walmart is paying a LOT more, and they offer some benefits (not sure what all they offer).

Anyways, they are about $2/hr more than others. I think Target starts just over $8, local stores are less.
 

VirtualLarry

No Lifer
Aug 25, 2001
56,587
10,225
126
Originally posted by: Chadder007
Originally posted by: bibbyking
walmart has made most of their money by selling their own "generic" branded merch. it all has a high markup.
Yep....and since they buy in such large volumes, they have gotten with many manufacturers that produce goods to make "special" versions of the good that is very simliar but is cheaper in cost and value.
Yep. And many of their DVDs that they sell, they produce on factory lines in China, produced specifically for Wal-Mart, and the content is licensed from the original copyright owner.
 

amdskip

Lifer
Jan 6, 2001
22,530
13
81
USB cables are up there for sure and lots of the cheap $.96-$2.96 items you often find at the checkouts. You'd be surprised on the markup of those items. Paper goods are not so much as they have to be competitive and often loose money. There are many items walmart takes a loss on selling just to have the lowest price.
 

JEDI

Lifer
Sep 25, 2001
29,391
2,738
126
Originally posted by: Phoenix86
Originally posted by: bpatters69
Ummmm..... Their people? They buy 'em cheap and pay 'em nothing.

Really? They start people at $10/hr+benefits at the one near me. I was shocked to find out they pay so much. Fvck, some tech support jobs pay $10 with 0 benefits.

Oh, and the supermarkets ain't paying that to their service reps.

I never understood this argument against WalMart.

what city/state is this?
 

tm37

Lifer
Jan 24, 2001
12,436
1
0
Originally posted by: Orsorum
Originally posted by: chowderhead
their worker's health "benefits" AKA go apply for medicaid.
States Are Battling Against Wal-Mart Over Health Care

That's another aspect of Wal Mart's business model that pisses me off. Always surprises me how (usually) conservative supporters of Wal Mart don't take that into consideration.

My wife works for walmart and while most of the full time employees do not use the health benifits it is because they like my wife get them somewhere else.

Converatives LIKE ME feel the government should not tell empoyers how to compensate their employees If the conditions are so bad how are they able to hire anyone with the number of NON SKILL Jobs that are availible?
 

JEDI

Lifer
Sep 25, 2001
29,391
2,738
126
Originally posted by: shenaniganz
Originally posted by: aircooled
Textiles like towels , sheets etc. I know this for a fact.

This is true. And I know it for a fact too.

towels, as in the cloth kind, has high margins??? they were selling like $0.50.

does that mean all the other stores that sells basic bath towels for $1.49+ are raping us?

 

aircooled

Lifer
Oct 10, 2000
15,965
1
0
Originally posted by: JEDI
Originally posted by: shenaniganz
Originally posted by: aircooled
Textiles like towels , sheets etc. I know this for a fact.

This is true. And I know it for a fact too.

towels, as in the cloth kind, has high margins??? they were selling like $0.50.

does that mean all the other stores that sells basic bath towels for $1.49+ are raping us?

Good question. I guess you have to know where it came from and whether it's a 2nd or not....
Walmart was buying the stuff we would have thrown in the garbage. Doesn't mean it isn't a good towel, just means it has flaws. Honestly I could not recognize the flaws on most of them, but we were only allowed to sell those to wal-wart or trash them...

 

Queasy

Moderator<br>Console Gaming
Aug 24, 2001
31,796
2
0
I hear Wal-Mart saves money by using the blood of children to make their plastic bags. That is why the bags are blue...all the oxygen was drawn out of the blood.
 

chowderhead

Platinum Member
Dec 7, 1999
2,633
263
126
Originally posted by: tm37
Originally posted by: Orsorum
Originally posted by: chowderhead
their worker's health "benefits" AKA go apply for medicaid.
States Are Battling Against Wal-Mart Over Health Care

That's another aspect of Wal Mart's business model that pisses me off. Always surprises me how (usually) conservative supporters of Wal Mart don't take that into consideration.

My wife works for walmart and while most of the full time employees do not use the health benifits it is because they like my wife get them somewhere else.

Converatives LIKE ME feel the government should not tell empoyers how to compensate their employees If the conditions are so bad how are they able to hire anyone with the number of NON SKILL Jobs that are availible?

your wife sounds like the perfect frugal, walmart employee. Good for her. Other people apparently do get their health care elsewhere i.e. the state and local gov't so walmart is
able to cut their cost of labor (and thus their prices) because they can hand some of the cost of labor to the state and local gov't. Great strategy for Walmart but horrible PR and bad for the state and local entities. I don't think there is anything "conservative" about pawning some of the labor costs onto the state and local gov't. This is EXPANDING gov't when private business should be footing the bill.

Anyway, your point about gov't shouldn't be able to tell businesses how to compensate their employees is fantasy land. Governments regulate businesses all the time. We have minimum wage laws, child labor and workplace safety laws, discrimination laws, etc. Think that is unfair ... well I think Walmart is hiring. :thumbsdown: