> As to wages, I don't know the profit situation and if Walmart can
> afford to pay better than it does. Frankly, I don't think the old
> time big department stores paid their people that much; a sales clerk
> was certainly not a rich person.
Links to an interview:
Host Frank Stasio talks with Charles Fishman, former editor at The News
& Observer, about his new book, The Wal-Mart Effect: How the World's
Most Powerful Company Really Works and How It's Transforming the=
American Economy (Penguin/2006). Listener Call-In. (59:00)
Very interesting. He's not a fan of Wal Mart but argues that big
businesses are here to stay so we should look out how we change the
landscape as they WILL be a part of it.
One very interesting point he made. Wal-Mart isn't greedy. Their profits
are about $6,000 per employee when averaged. So making them add heath
benefits or other costs means that prices will go up. Tell that to the
voters in an area. :)
I'm not a big fan or enemy of Wal Mart. They are.
Things change. My uncle died about a year ago. He was the last link to
the family farm. When I was very young about 1960 it still had an
operating saw mill, slaughter house, grew crops, etc... The slaughter
house was the last operating piece and it was sold off about 10 years
ago. I stopped by last year and the owner was candid that he couldn't
stay open except for the work he did for deer hunters.
We no longer go to school in white T shirts, jeans, and black Keds.
We expect the drug store and doctor to be open on Thursday.
We expect stores to be open Wednesday afternoon in particular and
after 5 in general. Mom isn't home all day to run to the stores during
We like having more than two choices for canned green beans. Large and
We no longer need to have towns every 10 to 20 miles so we can get
there and back in one day on a horse.
> [TELECOM Digest Editor's Note: You may recall reading here things I
> have mentioned about our local Walmart Supercenter versus the rest of
> the merchants downtown. Now we also have a Walgreen's store which is
> right downtown, and the other merchants do not like that very well
> either. Personally, I have a wee bit more sympathy for Walgreens than
> Walmart because of my personal friendship _many_ years ago with
> Myrtle Walgreen, widow of Charles the founder of the chain and mother
> of Charles II, the current president and CEO of the firm. Myrtle was
> a first class lady. But just like Walmart, the new Walgreens store
> right downtown does not offer any charge accounts, nor do they accept
> Main Street Gift Certificates (like the other stores here.) As soon as
> the other drug stores in town found out that Walgreens was not
> offering any sort of charge accounts, nor much in the way of customer
> service, the local merchants circled the wagons and started specificically
> advertising that _they_ offered charge accounts, _they_ offered
> delivery service to your home, _they_ worked closely with Medicare
> on the new Part D thing, _they_ would work closely with your physician
> to fill your scripts, etc. Buy anything you want here in downtown
> Independence is their new chant, forget about the Walgreens and the
> Walmarts; all you need are us, your long time merchants. But you
> know, Lisa, I can begin to see the handwriting on the wall; more and
> more vacant store fronts downtown, etc. PAT]
Now that makes sense. Come up with a REASON for folks to visit a small
store and pay a bit more. But most folks still look at purchase price
and then complain later about the results of their decision.
One of the most ironic comments I've ever seen was a fellow talking
about how WalMart was evil, didn't pay people enough, provide
benefits, etc ... This was on a forum dedicated to finding the
absolutely cheapest prices on technology. ;)