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Where is the evidence? Retail business earn minuscule profit margins (this is public info via SEC filings). Walmart famously demands its suppliers to sell to
by lotsofpulp 2y ago
Where is the evidence? Retail business earn minuscule profit margins (this is public info via SEC filings). Walmart famously demands its suppliers to sell to it at near breakeven price, and Walmart’s vendors complain that Walmart pushes them to the brink.
The much simpler and likelier explanation is that the demand for safety razors does not justify the shelf space. And it’s 2024, information is everywhere. If people wanted safety razors, they would get them.
- horsawlarway 2y ago> The much simpler and likelier explanation is that the demand for safety razors does not justify the shelf space. I don't think we're disagreeing. I'm firmly stating that low margin goods are almost never worth the shelf space if companies can avoid them, and that this is a huge negative externality of a capitalistic system. The low margin good is better for me as a consumer, and worse for the store. This is also why grocery stores HATE carrying produce, and fucking love selling alcohol. Is that a good thing? You're making an economic argument. I'm making a value argument.