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An interesting economic approach to the problem. I happen to know firsthand that Wal-Mart and Sam's, also, are driving employees to ruin their health trying to do the impossible--each employee having to do the work several used to do in each department. Moving elsewhere is impossible right now because the other stores are going out of business fast, or barely hanging on. You can see the desperate loss leaders, the higher prices elsewhere. When people pay $3.29/gallon for milk at Albertson's, they remember that the next time they're in Wal-mart and see it's $2.50 there.

Reminds me of a gas station pricing its gasoline super-low long enough to ruin a competitor. Everybody flocks in and buys even if they know it means that a neighbor is going to lose his business, because, hey, it's cheaper. And that's what people are going to do.

It's the American way, of course. Wal-mart will win the day. I just hope nobody is expecting Wal-mart to STAY the cheapest when it's the only store left in town.

1 posted on 10/21/2003 12:35:41 AM PDT by ChemistCat
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To: ChemistCat
"I just hope nobody is expecting Wal-mart to STAY the cheapest when it's the only store left in town."

They won't. Here in rural Missouri, Wal-Mart comes into a town, undercuts the other businesses until they go under and then raises their prices. Also, Wal-Mart doesn't have a good reputation as an employer either. The only reason we still have two grocery stores in our small town is that our Wal-Mart isn't a Supercenter and doesn't sell groceries (yet).

Carolyn

116 posted on 10/21/2003 9:49:40 AM PDT by CDHart
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