Quote:
Originally posted by bender
Perhaps I'm worng but isn't Wal-Mart a smaller immage of the country that it was founded in.
Please don't flame me on this as my comment isn't a shot but just an observation.
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Walmart could probably be more closely compared to an absolute dictatorship. I f you will look at this company you will be surprised and probably shocked. Walmart is the most sued corporation imn the world. Not because of someone slipping on the floor ar that type of bullshit - sued for non-payment, employee abuse (I am sure there is probably a term for this?) Walmart is a giant consignment store. It is impossible for even large corporations to compete with a company that is able to bully people into giving them the merchandise that they sell and hopefully, sometime in the future paying them for it. Walmart pays for very little - they dictate the price that they are going to pay in the first place, and they pay 90 to 120 days after they sell your merchandise. Remind you of the old Greek shipping tycoons - it should, they are using money and stock that is not theirs to expand all over the country and so far as I know into other countries. Their tremendous market share lets them dictate what is sold and will not be sold - makes no different if its magazines or music, tires or TV sets.