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Thread: Wal-mart
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Old 02-09-2005, 05:18 PM   #1 (permalink)
Rex
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Wal-mart

I believe in the premise of wal-mart, or moreso Sam Walton. The man built an empire, even after everyone told him he couldn't compete with the big Boys (k-mart, federal)
He wasn't the smartest man in the world, but smart enough to know it and hire the right people. He reckognized the value of computerized inventory before it's time.
I could go on and on, but that wasn't the idea I wanted to go down in this thread.
Has corporate greed overtaken Wal-mart? Our we the consumner beng duped into "putting all our eggs in one basket"?
Wal-mart has an aggressive marketing plan, and a good solid plan at that. I worry that, too late, we will realize that competion will be gone. That Wal-mart will have taken over markets and have a virtual monopoly on goods.
As an employer, Wal-mart is not known for it's generousity to it's associates. (my wife works there, and I can attest to that) Already one of the largest employers in the world, is it getting to the point where, in the interest of profits, they will start dictating benefits, employees salaries etc.

I beleive in Wal-mart, I shop at Wal-mart almost exclusively for any item they sell. I mean lets face it, you can't beat thier prices. K-mart is history, they didn't see the writing on the wall until it was too late. I fear Sears will fall also, once a mainstay of my shopping, they have let thier strongest lines (kenmore and Craftsmen) get weak in the last 10 years.
They've had to cheapen them, to stay in competition, and in doing so, lost the base of consumers that have kept them alive for the last 50 years.

I'd like to hear your opinion on this
Rex
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