Reply #57: Are you serious???

[ChromeFoundry]

Look at all the manufacturing jobs that have gone abroad to China because Walmart can buy in massive bulk for $.02 less per unit, saving millions in the end-game.

They enter the local and rural markets and force out competition (mom-n-pop shops) by undercutting the competition. When was the last time you saw a small corner store within a 5 mile radius of a Walmart that was not hurting or ready to file bankruptcy? They are on the same level as Home Depot. You won't see any corner hardware stores that offer good advice and customer service anywhere near an HD!

Yes they do enter a market and eliminate competition. The offer substandard labor practices and benefits to their employees that they have the upper-hand over due to forcing the competition out of profit margins.

Don't dare funckin say that Walmart is not on-track for targeted market monopolies, once reached and there is very little competition, the prices will increase. They are no better than oil and health care providers. If you want to shop at walmart, and can afford to shop at a more economy friendly retailer... be my guest; but don't come around here crying when you have lost your job and are struggling to find ANY job to feed yourself. Don't come crying when your areas manufacturing jobs are all sent abroad for cheaper labor, and your area yields record number unemployment rate increases.

When your wages decrease and the product price stays the same, it is effectively the same as raising the price of the product beyond reach.