Quote:
Originally Posted by epitome
Will it happening at the supplier level be good enough?
WalMart insisted on selling one gallon jars of Vlastic for $2.97. This left a penny profit per jar for Vlastic. When they asked for a break, WalMart threatened to yank all of their business, which contributed to 30% of their revenue.
Finally, when Vlastic had no other choice but to file bankruptcy, WalMart's response was:
"Well, we've done to pickles what we did to orange juice. We've killed it. We can back off."
Interesting article that you probably won't read because it does not support your views:
http://www.fastcompany.com/47593/wal-mart-you-dont-know |
Oh I had no idea! OMG I'll never shop there again!! So you are saying that wal mart is going to put my bud light out of biz cause they sell a case of beer $6 cheaper than my local liquor store? Or how about a bottle of patron.. It costs $55 at my local liquor store, $45 at Martins and $41 at wal mart.. Oh no soon patron will go out of biz cause of wal mart!!
Ya I'll keep shopping at wal mart and save $10-15 a week on my groceries while you can spend your extra money at mom and pop places. I can still sleep at night just fine