Quote:
Originally Posted by Guest
Strange indeed! 
Back to reality... something obviously has to give; Profits at first, then stockholders grumble, then prices are raised to restore previous profitability. Then price elasticity enters into the equation. How many will purchase a 12-pack of diapers for $100?  Not as many, so prices are reduced and "savings" found elsewhere. Ah, enter labor. Since we can't reduce hourly rate, we'll reduce head count to restore profitability. "Do more with less" suddenly becomes the new mantra.
There's no free ride...
(At least that's what my economics classes taught me.) |
One would expect that Wal-Mart has been in business long enough and been successful enough and have experts on their staff who might be able to figure this stuff out. The same goes with the other companies.