I have no idea how South Korea and Germany fared with a Walmart. I doubt that you do either if you can take a loon that wrote this article seriously.
Walmart doesn’t hire UNION workers and gives consumers VALUE for LESS money.
“They give you less value for less money in many cases. A pair of pants or a drill at Walmart are not of the same quality as those in many other stores.”
You can buy name brands at Walmart. Perhaps you are not a knowledgeable shopped when it comes to price and quality? Others also don't see it that way since Walmart’s REVENUE is UP and others are DOWN.
“This article is a crock of anti-capitalistic propaganda.”
Really, I thought part of capitalism was analyzing markets and trends and adjusting to them. Where do you see the anti-capitalism?
“I have no idea how South Korea and Germany fared with a Walmart. I doubt that you do either if you can take a loon that wrote this article seriously.”
Do a search. Walmart closed all their stores in both countries. They were unable to make a profit. I’ve been in the stores of the South Korean company that forced Wally out. Tons of customer service, cheap, clean and a pleasure to be in.
“Walmart doesn’t hire UNION workers and gives consumers VALUE for LESS money.”
Lack of unions is not the only factor. They give consumers less value for less money. Less customer service and lower quality products.
“You can buy name brands at Walmart.”
Sure you can. If you cannot tell the difference in quality then you are their ideal customer. You’ll buy the same item more often which will end up costing you more money.
Again, Where do you see “the anti-capitalism” in this article?
True. However, if examined carefully you will often find that Wrangler jeans, for example, from Walmart are not the same as Wrangler jeans from another source.
They will usually have a slight difference in labeling, but the fabric, detailing, etc. are noticeably inferior.
This is because Walmart insists on such low purchase prices that the supplier must often cut quality or lose the massive Walmart account.
Whether doing so is a smart business decision in the long run is a whole other question.