Quote:
Originally Posted by Mivo
Walmart is cheaper because they buy their wares at lower prices than a local grocery store can. Walmart doesn't buy 20 or 30 of one thing, but tens or hundreds of thousands. Partly, these chains even produce goods, or buy them directly at factories. Walmart also tends to employ people for low, at or close to minimum wages, so that's another area where they save in.
Local, independent stores don't pay the price because they overcharged. They pay the price because customers don't look at the larger picture and only want the cheapest price (which is understandable, of course), regardless of the long term consequences. In the end, it's not cheaper. Either we lose our own jobs eventually, our retirement payments get cut down, healthcare increases in cost, or we pay more taxes. Because those local stores employ local people, relay on other local service providers, etc. That card house is more complex than Walmart's card house.
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The store I was referencing was a chain; albeit a smaller one, but a chain nonetheless.
Amazon and Walmart are doing society a favor. They're weeding out the buggy whip makers.
