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Old 07-30-2013, 07:04 PM   #33
SteveEisenberg
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Quote:
Originally Posted by K. Molen View Post
I'm genuinely curious, as I can't think of a time or a company that's done what's being described here.
http://www.fastcompany.com/47593/wal-mart-you-dont-know

Quote:
Wal-Mart priced it at $2.97--a year's supply of pickles for less than $3! "They were using it as a 'statement' item," . . .

Therein lies the basic conundrum of doing business with the world's largest retailer. By selling a gallon of kosher dills for less than most grocers sell a quart, Wal-Mart may have provided a service for its customers. But what did it do for Vlasic? The pickle maker had spent decades convincing customers that they should pay a premium for its brand. Now Wal-Mart was practically giving them away. And the fevered buying spree that resulted distorted every aspect of Vlasic's operations, from farm field to factory to financial statement.
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