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Years ago I read The Wal-Mart Effect. Basically it was a whole slew of industries that Walmart had dramatically affected. Things like forcing vendors to manuf
by nargella 9y ago
Years ago I read The Wal-Mart Effect. Basically it was a whole slew of industries that Walmart had dramatically affected. Things like forcing vendors to manufacture in China and building a crazy infrastructure to get 'fresh' Salmon imported from Chile.
I got the impression they would turn the screws on industries to get cost savings via scale. This move seems odd.
- chiph 9y agoFastCompany had an article back in 2003 about the Vlasic gallon jar of pickles. Sales to Walmart quickly eclipsed all their other channels. And then Walmart said "We want you to lower your price." > For many suppliers, though, the only thing worse than doing business with Wal-Mart may be not doing business with Wal-Mart. https://www.fastcompany.com/47593/wal-mart-you-dont-know https://www.fastcompany.com/47593/wal-mart-you-dont-know
- bookmarkacc 9y agoGreat article. I wish they supported their thesis that shopping at Walmart is a self harming cycle that exports jobs. Maybe by focusing on small towns.