Re: Walmart Plans to Add Up to 25,000 Jobs

Jim Rusling wrote:
nick c <n-chen_@xxxxxxxxxxx> wrote:

Derf wrote:
On Wed, 5 Apr 2006 22:47:48 GMT, "tomaldrich@xxxxxxxxxxxxxxx"
<whatever@xxxxxxxx> wrote:

A pharmacist at their
store near me told me that this store sells rxs near cost to drive more
traffic into the store.
To drive the competition out of bussiness, then watch the prices rise.
And you think the competition won't come back once prices rise?
Historically, places in small towns where Wal-Mart has driven out their competition, those business had not returned. Even in those small towns where Wal-Mart had closed due to low, or unexpectedly low sales, the old business had not come back. Those old Mom & Pop business didn't have the where-with-all to come back. Why should they go into debt to start business where the people had deserted them for Wal-Mart.


Then you have small towns that have very limited shopping. Walmart
come to town and the old stores go out of business. Now people don't
have to drive somewhere else to buy most things, so sales taxes go to
the small town instead of the big city.

When Wal-Mart opens a facility, the corporation expects a certain net profit from that facility. If that profit does not constantly materialize, then Wal-Mart will close the facility.

.

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