Quote:
Originally Posted by MysticCat
No, Wal-Mart doesn't drive the competition out of business -- Wal-Mart's customers do. (And in my experience, they usually aren't driving the locally-owned mom and pops out of business, they're driving other discount chains out of business.) The customers have a choice -- shop Wal-Mart or shop the other stores -- and quite a few of them choose Wal-Mart.
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Exactly,
Walmart doesn't make the other stores raise their prices, they just offer lower ones. The majority of the people who try to keep walmart out of their town will shop there because of the prices and the "convenience" of being able to buy a napkin holder at 2AM. (South Park did a great episode on this)
In my city we have 2 Super Walmarts, 4-5 Krogers, a Cubs and a few small grocery stores that survive due to being conveniently located or having a full service meat counter. Those local stores aren't threatened by Walmart so much as the Krogers. And the Super Walmarts haven't harmed Krogers either, in fact it has grown as well. (Eagles went out of business and Krogers bought them up) Schnucks tried to move in to town but blamed Walmart on their store's failure... when a Kroger was closer.
Rambling here, but the point is that Walmart does not equal destruction of a city, here at least it functions very well.
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