Okay, this argument is getting really old! Why does everyone bash Walmart for killing small business? The whole point in starting business' is to make money, correct? Well, then give old Mr. Walmart the credit he deserves. He started as just a little corner store and turned it into the largest money making chain in the world.... AND he's American! Even better! But, now that he has succeeded where most others have failed, because he figured out what he had to do to make it work, he is hated by everyone for being a killer of small business. How hypocritical is that? You think I'm alone in my thinking? Tell that to the people who spend nearly 500 Million in Wal-Mart stores the day after this past Thanksgiving. Or maybe turn around and tell it to the single mother of three in the next cubicle that was able to by buy new clothes for her entire family for a couple hundred bucks by going to Wal-Mart, rather than going to Macy's and only being able to buy a couple shirts.... or for that matter, even Target and only being able to get half as many items of clothing. I bet she has no problem with the effects Wal-Mart has on small business because there isn't a small business out there that is only going to charge her $8 for shirts, etc. for her kids. Wal-mart was just smart enough to figure out the only way it was going to work was by charging lower prices, and in the long run it would pay off. Well, it did... he made a business plan and stuck to it. Maybe if more small business' would go that route rather than playing the mark up game they would be successful as well.
Ryan, you need to open your eyes. Sure, you can credit Wal-Mart for operating a successful business model. However, you can also credit them with moving many of our manufacturing jobs overseas. When Wal-Mart meets with a company to sell their product one of the first things they check for is to see if they are manufacturing overseas so that they can bring down the price. It's not just about the corner store down the street anymore. Who benefits the most from Wal-Marts prices? Near the top of the list is people that have factory manufacturing jobs. I am not against global trade, but it should not be at the expense of our country living without a job, only to be unaccounted for in the unemployment statistics 6-months later.
I am one of those corner custom electronics integration boutiques. Wal-Mart and COSTCO often sell for less than what we can buy from our distributors. It's not our fault.
Most of the displays found at those warehouse stores we wouldn't sell anyway. Many have poor pictures and they cannot be reliably with high-end RF remote controls. We use RTI and prefer to control via RS-232 ports on the back. Anyway, our business model is to provide GREAT system design, installation and service. Try finding any of those at Wal-Mart.
Please don't credit "Mr WalMart", his name is Sam Walton by the way, for the Wal Mart that you see today. Sam Walton is not with us anymore and I'm sure he would roll over in his grave if he saw how Wal Mart is being run today. Wal Mart is now run by one of his sons who don't not carry on the legacy of his father.
Speaking of Wal Mart, my brother just bought a 42" LCD for about $600 yesterday.
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Okay, this argument is getting really old! Why does everyone bash Walmart for killing small business? The whole point in starting business' is to make money, correct? Well, then give old Mr. Walmart the credit he deserves. He started as just a little corner store and turned it into the largest money making chain in the world.... AND he's American! Even better! But, now that he has succeeded where most others have failed, because he figured out what he had to do to make it work, he is hated by everyone for being a killer of small business. How hypocritical is that? You think I'm alone in my thinking? Tell that to the people who spend nearly 500 Million in Wal-Mart stores the day after this past Thanksgiving. Or maybe turn around and tell it to the single mother of three in the next cubicle that was able to by buy new clothes for her entire family for a couple hundred bucks by going to Wal-Mart, rather than going to Macy's and only being able to buy a couple shirts.... or for that matter, even Target and only being able to get half as many items of clothing. I bet she has no problem with the effects Wal-Mart has on small business because there isn't a small business out there that is only going to charge her $8 for shirts, etc. for her kids. Wal-mart was just smart enough to figure out the only way it was going to work was by charging lower prices, and in the long run it would pay off. Well, it did... he made a business plan and stuck to it. Maybe if more small business' would go that route rather than playing the mark up game they would be successful as well.
rant ended....
Ryan, you need to open your eyes. Sure, you can credit Wal-Mart for operating a successful business model. However, you can also credit them with moving many of our manufacturing jobs overseas. When Wal-Mart meets with a company to sell their product one of the first things they check for is to see if they are manufacturing overseas so that they can bring down the price. It's not just about the corner store down the street anymore. Who benefits the most from Wal-Marts prices? Near the top of the list is people that have factory manufacturing jobs. I am not against global trade, but it should not be at the expense of our country living without a job, only to be unaccounted for in the unemployment statistics 6-months later.
I am one of those corner custom electronics integration boutiques. Wal-Mart and COSTCO often sell for less than what we can buy from our distributors. It's not our fault.
Most of the displays found at those warehouse stores we wouldn't sell anyway. Many have poor pictures and they cannot be reliably with high-end RF remote controls. We use RTI and prefer to control via RS-232 ports on the back. Anyway, our business model is to provide GREAT system design, installation and service. Try finding any of those at Wal-Mart.
Please don't credit "Mr WalMart", his name is Sam Walton by the way, for the Wal Mart that you see today. Sam Walton is not with us anymore and I'm sure he would roll over in his grave if he saw how Wal Mart is being run today. Wal Mart is now run by one of his sons who don't not carry on the legacy of his father.
Speaking of Wal Mart, my brother just bought a 42" LCD for about $600 yesterday.