Quote:
Originally Posted by ProfCrash
Walmart is not predatory? Tell that to all of the small businesses that go out of business when a Walmart moves in. You don't think that part of their business plan is to buy large enough quantity of a good to be able to sell it a low enough price, without losing money, to knock out the local competition so that they can have a dominant position in the local market?
Do you think Walmart has low prices because they are nice people?
Walmart, like every business in the US is in it to make a profit. Walmart, like Amazon, does this by buying large quantities of a good so that they can drive down prices. One side effect is that they can undercut smaller businesses because Walmart and Amazon can afford to charge less, they bought the good for less, then the other businesses.
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amazon, like walmart, wouldn't hold any sway if people didn't shop there. walmart can undercut prices all day long but in the end the customer who would rather save a nickel on a dish sponge by buying it at walmart than their local mom&pop is ultimately to blame.
i've been in walmart numerous times. their prices really aren't that good. i've found comparable items cheaper at other stores.