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Originally Posted by frazod
As long as the consumer isn't mom or pop, or mom and pop's landlord, or an employee of mom and pop, or the guy who owns a restaurant next to mom and pop who loses walk-up business because mom and pop go out of business, and so on, and so on.
But they can all find minimum wage/no benefit jobs at Walmart, right? 
And when Walmart succeeds in running EVERYBODY else out of business, do you really think the prices will continue to stay low? |
What is a low price?
Someone has to be high in order for someone to be low? If they knock everyone out of business, they will be the ONLY price. At that point, the whole concept of LOW price will be irrelevant. Just ask Kmart.