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SportTrac Discussion
General Sport Trac Discussion
Low, low prices: Target beats Wal-Mart...
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<blockquote data-quote="H D" data-source="post: 958225" data-attributes="member: 68494"><p>As a former employee who saw more things than I was supposed to, I can promise you there is very little wiggle room on their prices. They rely on quantity of sales to make the profit. The mark-up on individual items is very minimal, honestly. I am no fan of Wal-Mart but I do admire their business plan, in-as-far-as they are very profitable. This is why you can see barely damaged things just get thrown away. Any mark-down to sell at a clearance price is really just selling it at what they basically pay for it, so in the scheme of the effort and space it takes up to try to sell damaged and clearanced stuff, it's just as effective and more efficient to just throw it away.</p><p></p><p></p><p></p><p>Unionization would kill everything Wal-Mart has built their company around. The employees have again and again turned down efforts to unionize. The fact that there is so much interest in unionizing Wal-Mart speaks more to the motives of unions than to the needs of the employees.</p></blockquote><p></p>
[QUOTE="H D, post: 958225, member: 68494"] As a former employee who saw more things than I was supposed to, I can promise you there is very little wiggle room on their prices. They rely on quantity of sales to make the profit. The mark-up on individual items is very minimal, honestly. I am no fan of Wal-Mart but I do admire their business plan, in-as-far-as they are very profitable. This is why you can see barely damaged things just get thrown away. Any mark-down to sell at a clearance price is really just selling it at what they basically pay for it, so in the scheme of the effort and space it takes up to try to sell damaged and clearanced stuff, it's just as effective and more efficient to just throw it away. Unionization would kill everything Wal-Mart has built their company around. The employees have again and again turned down efforts to unionize. The fact that there is so much interest in unionizing Wal-Mart speaks more to the motives of unions than to the needs of the employees. [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Low, low prices: Target beats Wal-Mart...
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