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re: Walmart Neighborhood Grocery closed after forcing closure of only grocer in town
Posted on 1/26/16 at 4:48 pm to upgrayedd
Posted on 1/26/16 at 4:48 pm to upgrayedd
quote:
Sounds like the previous grocer had a poor business model due to his monopoly in town. I guess he can now reclaim his throne using his lessons learned (lessons he learned thanks to Walmart).
Spot on. People neglect the fact that the mom-and-pop store had a monopoly, and another store came in and provided competition. The local populace made their choice, and now they have to live with it; it's called capitalism.
Now you have a void, which isn't filled by the previous grocer, it's filled by stores like Family Dollar and Dollar General; look at the stock prices of those type of stores in recent years.
This post was edited on 1/26/16 at 4:53 pm
Posted on 1/26/16 at 4:48 pm to SoFla Tideroller
We were told we are getting a "hometown market" in Headland.
Posted on 1/26/16 at 4:49 pm to yoga girl
quote:
You could learn from Ace Midnight how to be a gentleman.
I would like to respectfully request to sniff your beaver.
Like that?
Posted on 1/26/16 at 4:50 pm to yoga girl
quote:
You do know that Walmart wages are subsidized by the taxpayers, as many Walmart employees receive government benefits. Yes, they pay so low that many of their employees are taxpayer subsidized.
most mom and pops pay worse without any benefits so this isn't really a road to go down
Posted on 1/26/16 at 4:52 pm to SlowFlowPro
quote:
most mom and pops pay worse without any benefits so this isn't really a road to go down
Exactly. What is it? 29 employees or something along those lines?
If an employer doesn't have that amount of employees, they aren't required to provide health insurance, etc.
Posted on 1/26/16 at 4:53 pm to SlowFlowPro
quote:
most mom and pops pay worse without any benefits so this isn't really a road to go down
Walmart doesn't give benefits to most of its employees.
Posted on 1/26/16 at 4:53 pm to HempHead
quote:
with predatory pricing practices.
only in modern america can "lowering prices for poor people" be spun as "predatory pricing practices"
Posted on 1/26/16 at 4:54 pm to yoga girl
quote:
gentleman.
Sabi is a lawyer. It's the 95% that give the rest of us a bad name.
This post was edited on 1/26/16 at 4:54 pm
Posted on 1/26/16 at 4:54 pm to yoga girl
How do you think the Walton family got their combined net worth up to $150 billion?
It wasn't by giving a shite about the people (people = shoppers + workers).
It wasn't by giving a shite about the people (people = shoppers + workers).
This post was edited on 1/26/16 at 4:57 pm
Posted on 1/26/16 at 4:54 pm to yoga girl
quote:
Walmart doesn't give benefits to most of its employees.
they at least have the option. i'd imagine 0 employees of the former store got benefits
Posted on 1/26/16 at 4:54 pm to yoga girl
quote:
I don't think you understand business. He had a business model that worked well until the big giant greedy conglomerate came to town and wiped him out with predatory pricing practices.
The local grocer actually didn't understand business (and obviously neither did Walmart).
Since you know so much about business, please tell me how WM partook in predatory pricing practices.
I won't wait for an answer. You usually run away from substantive arguments, heather.
Posted on 1/26/16 at 4:54 pm to yoga girl
quote:
Walmart doesn't give benefits to most of its employees.
Any business with a certain amount of employees is required, by law, to offer health insurance. It's like 30 or so, and Wal-Mart definitely meets that criteria.
Posted on 1/26/16 at 4:55 pm to SlowFlowPro
quote:
only in modern america can "lowering prices for poor people" be spun as "predatory pricing practices"
Step A: Open a market in a small town.
Step B: Set predatory prices.
Step C: Bankrupt the competitors.
Step D: Close up and leave town, mission accomplished.
There are still Family Dollars and Dollar Generals floating around, but while they aren't monopolies, they sell mostly crap.
Posted on 1/26/16 at 4:56 pm to yoga girl
quote:
I'm not gullible.
That would depend on how one chooses to define "gullible," though.
I mean, I would categorize you as naive, if I wanted to be generous. And naïve is just a hop, skip and short jump from gullible.
Posted on 1/26/16 at 4:56 pm to Dr RC
quote:
that's like saying its better to step in dog shite instead of horse shite
Much nicer to step in horse shite.
More fibrous
Posted on 1/26/16 at 4:57 pm to yoga girl
quote:
Step A: Open a market in a small town.
Step B: Set predatory prices.
Step C: Bankrupt the competitors.
Step D: Close up and leave town, mission accomplished.
step D makes no sense whatsoever
Step D is supposed to be "be the only show in town and make money for decades" but that isn't the case here
Posted on 1/26/16 at 4:57 pm to Ace Midnight
quote:Sabi isn't bad, he has some charm when he behaves. Are you saying you are a lawyer?
Sabi is a lawyer. It's the 95% that give the rest of us a bad name.
Posted on 1/26/16 at 4:57 pm to yoga girl
quote:
There are still Family Dollars and Dollar Generals floating around, but while they aren't monopolies, they sell mostly crap.
They're also in pretty much every town with a post office in the United States of America, and a great stock to buy.
Posted on 1/26/16 at 4:58 pm to fr33manator
quote:
Much nicer to step in horse shite.
Very true. It is a lot easier to deal with horse manure.
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