Yes, let’s have no other stores, only one megastore in every area - what a great idea.
Most small stores in those areas of DC can’t afford to stay in business because of the insurance, taxes and inventory shrinkage. Walmart was a natural choice to provide affordable priced food and household goods and they are fighting it after they all approved it.
I wish smaller retailers could succeed but unless you can pay your own police force and expect a shrinkage rate of at least 2% (which is almost total profit margin), you can’t really do business. When I lived in dc, the closest place was a mini-mart with everything, I mean everything behind bulletproof glass. The milk, the eggs, the bread, the juice was all behind the glass and you had to ask for it. You didn’t have a choice and the basics cost almost double what they did in the burbs. One time I was walking by and there was a guy hitting the glass with a hammer because he didn’t like the outcome of a scratch-off lottery ticket.
The closest supermarket had like five aisles and people would shoplift and sell the stuff outside the store for half price.
There is a reason small stores can’t succeed.
>>Yes, let’s have no other stores, only one megastore in every area - what a great idea.
I haven’t had a pay increase since 2008 and my wife has had a 100% pay cut in the last year. If you can afford to shop at small businesses, then please do. The economy has taken that luxury away from me and many other Americans.
We have 3 grocery stores in our area, some organic store, a Safeway, and a Wal-Mart.
It took Safeway a couple of years to figure out they were losing sales to Wal-Mart, and they finally cut their prices about 20% to compete.
I admire rich people like yourself, you've got it made and can afford to buy at the old Safeway level prices, or maybe even at that organic place, prior to Obama I could too. No more.
Now I'm extremely grateful to have a Wal-Mart.