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DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Wal-Mart plans $50 billio... » Reply #18

Response to Redfairen (Original post)

Tue Jan 15, 2013, 09:54 PM

18. what a joke

Walmart's annual sales are in the neighborhood of half a trillion dollars. With average annual purchases of $5 billion and assuming, let's say, a 20% markup, that would be an additional $6 billion in sales of American-made goods, for the "huge" percentage increase of roughly 1.2% in American-made goods.

Sure, this may be good news for some American suppliers, but it's jack-shit overall. To say nothing of what happens to American suppliers who are then forced to cut costs and destroy their quality and reputation to meet Walmart's price demands.

Thanks, but no thanks.

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