Quote:
Originally Posted by buggyone
One of the recent threads on the forum was about how much money is spent in Wal-Mart and how successful that Wal-Mart is - and maybe we should have the Wal-Mart execs run the country.
Personally, I like Wal-Mart. However, look to see what percentage of their goods are made in China. It is very, very hard to find an American made product in Wal-Mart.
Don't complain about importation of goods from China and then go buy them at Wal-Mart because they are a lot cheaper than the "Mom & Pop" stores. You either pay less at Wal-Mart for foreign products or pay quite a bit more for American made at the "Mom & Pop" stores. Take your pick.
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Take a good look in the Mom & Pop stores. They are also selling Chinese made products....almost everyone is.
The huge purchasing power of Walmart is the secret to their pricing structure. They also provide sellers with a huge market...Economics 101