Quote:
Originally posted by xoxoxoBruce
They also force suppliers to move their operations offshore costing American more jobs.
Another big problem is buying from a supplier at a steady or increasing rate causes that supplier to hire people and buy machinery. Then they find another source (usually offshore) and suddenly stop buying, forceing layoffs and bankruptcy. Walmart also has a habit of puting pressure on suppliers to keep cutting the wholesale prices until they lose money and fail.
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So a big corporation uses its huge size to try to force better deals from its suppliers. Then they take their business elsewhere if that supplier can't meet their needs. That's the American way. As long as they aren't doing anything anticompetitive, there's nothing wrong with that.
If Wal-Mart has so much control over a supplier that losing them as a buyer can cause the supplier to go under, it sounds like the supplier either isn't managing their business very well, or else didn't try hard enough to keep the contract.
Wal-Mart is trying to make more money, and in doing so they are streamlining the entire retail industry. The economies of scale that are benefiting them benefit the consumer as well.
Another thing -- every company has disgruntled employees. You can find anti-McDonald's, anti-Intel, anti-Home Depot sites all over the internet, with claims of institutional disregard for employees, unfair labor practices, etc. etc. I know there are two sides to every story, but I really don't care enough about the issue to research it further. But I'm certainly not gonna believe a company is corrupt from head to toe because some outspoken, pissed-off workers put up a website.