Comments on: Wal-Mart: The High Cost of Low Price http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/ Medium for entrepreneurial-related conversations Tue, 06 Jan 2009 12:18:38 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Nirmala Emani http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/comment-page-1/#comment-2713 Nirmala Emani Thu, 11 Oct 2007 00:52:52 +0000 http://thinkbeta.com/blog/?p=375#comment-2713 When you talked about Walmart in class I was astounded by the amount of unfavorable information there was. I always thought of walmart as a decent business. I was sorely mistaken after reviewing all the information you had presented. The sad thing is you can't beat their business model when it comes to pricing. Money is everything and when you short on it Walmart is the solution. If I wasn't that poor college student I would indeed take my business elsewhere. Till then I'm going to be feeing the money hungry giant. :-( When you talked about Walmart in class I was astounded by the amount of unfavorable information there was. I always thought of walmart as a decent business. I was sorely mistaken after reviewing all the information you had presented.

The sad thing is you can’t beat their business model when it comes to pricing. Money is everything and when you short on it Walmart is the solution. If I wasn’t that poor college student I would indeed take my business elsewhere. Till then I’m going to be feeing the money hungry giant. :-(

]]> By: Jacque Chaney http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/comment-page-1/#comment-2634 Jacque Chaney Sat, 06 Oct 2007 16:35:09 +0000 http://thinkbeta.com/blog/?p=375#comment-2634 I love going to Walmart and to tell you the truth I think I will always shop there because I am cheap, but they really aren't the best business to be supporting. What I dont understand is why anyone would would at Walmart with the way they treat their employees. I know that the employees that work there usually dont have college degrees or high school ones for that matter but there are other businesses willing to hire them. If they are being treated so unfairly then they can quit and work somewhere they are more appreciated. As for the Walmart company itself, I think its a really shady business. They have so much money it makes me sick to know that they are still milking their employees for all their worth. They have made them billionaires and no one needs that much money. The people who need the money the most are the people that work for them. That made me mad in class when you said that the way they do health care is by making sure they get paid under the limit to get Medicaid. Thats just horrible. Oh, and how you said Walmart has a charity foundation but the only people donating is their employees. They are the ones that should be receiving this charity money. Well, Im still going to shop at Walmart but Im definitely not going to work there. And Ill be sure to be nice to all their employees. I love going to Walmart and to tell you the truth I think I will always shop there because I am cheap, but they really aren’t the best business to be supporting. What I dont understand is why anyone would would at Walmart with the way they treat their employees. I know that the employees that work there usually dont have college degrees or high school ones for that matter but there are other businesses willing to hire them. If they are being treated so unfairly then they can quit and work somewhere they are more appreciated.

As for the Walmart company itself, I think its a really shady business. They have so much money it makes me sick to know that they are still milking their employees for all their worth. They have made them billionaires and no one needs that much money. The people who need the money the most are the people that work for them. That made me mad in class when you said that the way they do health care is by making sure they get paid under the limit to get Medicaid. Thats just horrible. Oh, and how you said Walmart has a charity foundation but the only people donating is their employees. They are the ones that should be receiving this charity money. Well, Im still going to shop at Walmart but Im definitely not going to work there. And Ill be sure to be nice to all their employees.

]]> By: Aditya "DiEZeL" http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/comment-page-1/#comment-2539 Aditya "DiEZeL" Tue, 02 Oct 2007 10:05:59 +0000 http://thinkbeta.com/blog/?p=375#comment-2539 Today's lesson is on...ethical and legal ways of doing a business!! Not the Walmart way if doing business! Today’s lesson is on…ethical and legal ways of doing a business!! Not the Walmart way if doing business!

]]> By: Bethany http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/comment-page-1/#comment-2446 Bethany Thu, 27 Sep 2007 16:49:35 +0000 http://thinkbeta.com/blog/?p=375#comment-2446 pro-target! pro-target!

]]> By: Zach http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/comment-page-1/#comment-2438 Zach Thu, 27 Sep 2007 13:43:52 +0000 http://thinkbeta.com/blog/?p=375#comment-2438 I would have to agree with Nate on this one, they arent out to make friends with everyone. They are a business and the objective is to earn money is it not? If a business isnt earning mney then under it goes! Well they maybe dont treat people as good as what they should but I'm going to admit the cheaper prices will keep bring you back no matter what! I would have to agree with Nate on this one, they arent out to make friends with everyone. They are a business and the objective is to earn money is it not? If a business isnt earning mney then under it goes! Well they maybe dont treat people as good as what they should but I’m going to admit the cheaper prices will keep bring you back no matter what!

]]> By: Trice "The Beast" http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/comment-page-1/#comment-2425 Trice "The Beast" Thu, 27 Sep 2007 04:23:12 +0000 http://thinkbeta.com/blog/?p=375#comment-2425 I watched this video yesterday and had to calm myself down to write a comment. Are you serious???...Is business that serious that you have to kill communities??..I agree business is not about making friends but what ever happened to common courtesy??...Does America no longer have a soul? In my life I have been very close to never making ends and going through money problems. As I watched the video I felt the pain of the people who didn't have enough money to cover healthcare and were forced to get WIC and public assistance. My parents have worked for companies that only pay you enough so that you have to come back to them.You wonder why there is a ton of people working at wal-mart? What other choice do they have when all the other businesses in their community are closing down.....The way I see it Wal-mart is a legalized sweat shop....Tyler..I agree with you...We are for the most part all in the same boat...working with little finance and have no other choice...So as we try not to take part in it..for survival we have to.....Wal-mart effects the emoplyees, consumers, and tax payers....It efects ENTR students too..Wanna start a business..maybe in retail....grocery??...Auto repair...Sporting goods...electronics.....toys....clothing....jewelry??.....With walmart in town....Who would want to try?? I watched this video yesterday and had to calm myself down to write a comment. Are you serious???…Is business that serious that you have to kill communities??..I agree business is not about making friends but what ever happened to common courtesy??…Does America no longer have a soul? In my life I have been very close to never making ends and going through money problems. As I watched the video I felt the pain of the people who didn’t have enough money to cover healthcare and were forced to get WIC and public assistance. My parents have worked for companies that only pay you enough so that you have to come back to them.You wonder why there is a ton of people working at wal-mart? What other choice do they have when all the other businesses in their community are closing down…..The way I see it Wal-mart is a legalized sweat shop….Tyler..I agree with you…We are for the most part all in the same boat…working with little finance and have no other choice…So as we try not to take part in it..for survival we have to…..Wal-mart effects the emoplyees, consumers, and tax payers….It efects ENTR students too..Wanna start a business..maybe in retail….grocery??…Auto repair…Sporting goods…electronics…..toys….clothing….jewelry??…..With walmart in town….Who would want to try??

]]> By: pickens http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/comment-page-1/#comment-2424 pickens Thu, 27 Sep 2007 04:10:05 +0000 http://thinkbeta.com/blog/?p=375#comment-2424 Wal-mart is a great example of domestic regression. When walmart came into my town in wiped out nearly half the locally own stores that i enjoyed going to. Now you have to go into wal-suck to get what you need, and as long as its something popular in the parts, tire, and hardware department it will be there, other wise your stuck going to the internet. Wal-mart is a great example of domestic regression. When walmart came into my town in wiped out nearly half the locally own stores that i enjoyed going to. Now you have to go into wal-suck to get what you need, and as long as its something popular in the parts, tire, and hardware department it will be there, other wise your stuck going to the internet.

]]> By: Catherine Jansen http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/comment-page-1/#comment-2419 Catherine Jansen Thu, 27 Sep 2007 03:37:23 +0000 http://thinkbeta.com/blog/?p=375#comment-2419 Walmart is always being criticized for being the least likely to do something good for their employees yet you still see a ton of people working there. Apparently that many people don't mind because they still work there and even so a ton of people shop there. I'm not exactly a wal-mart person but I know when I need the little necessitites I will go there because of the cheaper prices. I still may not agree with their ethics but what is America really all about, the almighty buck. Walmart is always being criticized for being the least likely to do something good for their employees yet you still see a ton of people working there. Apparently that many people don’t mind because they still work there and even so a ton of people shop there. I’m not exactly a wal-mart person but I know when I need the little necessitites I will go there because of the cheaper prices. I still may not agree with their ethics but what is America really all about, the almighty buck.

]]> By: Beth Carroll http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/comment-page-1/#comment-2418 Beth Carroll Thu, 27 Sep 2007 03:06:30 +0000 http://thinkbeta.com/blog/?p=375#comment-2418 I don't consider myself a "Walmart Person" either, yet I find myself shopping there at least twice a month for the basics. I would rather pay less for same product than more, so I go there for the low prices, hating every minute of the experience! I think Walmart gets a lot of criticism because of its success. I don't know if I agree with all of it. After all, it is a product of the American Dream. Sam Walton was just a little guy in a small Arkansas town who had a simple, yet smart, business idea and made it work. Walmart has made it difficult for Mom and Pops to survive in small town America, yet they've employed a great many people in those small towns. They've offered us more selection at a better price than the Mom and Pops were able to provide. They do employ the previously unemployable ( I know some personally) and offer flexible hours to students and mom's needing part-time work. This is the era of the Super Store. What long term effects will Walmart, and all the other super stores and Category Killers like Office Max and Pets-Mart have on our economy? What will Macy's do to the soft goods business since it has taken over nearly all of our brand-name department stores? What is the future of Brick and Mortar Retail with the ever convenient Internet Shopping option? Change; We're America; We adapt. I don’t consider myself a “Walmart Person” either, yet I find myself shopping there at least twice a month for the basics. I would rather pay less for same product than more, so I go there for the low prices, hating every minute of the experience!

I think Walmart gets a lot of criticism because of its success. I don’t know if I agree with all of it. After all, it is a product of the American Dream. Sam Walton was just a little guy in a small Arkansas town who had a simple, yet smart, business idea and made it work.

Walmart has made it difficult for Mom and Pops to survive in small town America, yet they’ve employed a great many people in those small towns. They’ve offered us more selection at a better price than the Mom and Pops were able to provide. They do employ the previously unemployable ( I know some personally) and offer flexible hours to students and mom’s needing part-time work.

This is the era of the Super Store. What long term effects will Walmart, and all the other super stores and Category Killers like Office Max and Pets-Mart have on our economy? What will Macy’s do to the soft goods business since it has taken over nearly all of our brand-name department stores? What is the future of Brick and Mortar Retail with the ever convenient Internet Shopping option? Change; We’re America; We adapt.

]]> By: Genevieve DeSutter http://thinkbeta.com/blog/2007/09/25/wal-mart-the-high-cost-of-low-price/comment-page-1/#comment-2415 Genevieve DeSutter Thu, 27 Sep 2007 01:21:28 +0000 http://thinkbeta.com/blog/?p=375#comment-2415 Beyond it's convenience factor, I'm not a Wal-Mart person. In all honesty, it's appearance is not that of a very warm shopping environment, even when compared to a place like Target. This may be the design side of me talking, but it has always lacked the asthetics in my opinion and so i'm not very surprised at the scheming going on at Wal-Mart. I would have to say that Wal-Mart's only saving grace is it's willingness to hire employees with disabilities... they may not make much, but at least they are making something and they are given a solid, constructive outlet. Maybe Wal-Mart has it's "ethical head" on backwards, but at least it isn't crooked too. Beyond it’s convenience factor, I’m not a Wal-Mart person. In all honesty, it’s appearance is not that of a very warm shopping environment, even when compared to a place like Target. This may be the design side of me talking, but it has always lacked the asthetics in my opinion and so i’m not very surprised at the scheming going on at Wal-Mart.

I would have to say that Wal-Mart’s only saving grace is it’s willingness to hire employees with disabilities… they may not make much, but at least they are making something and they are given a solid, constructive outlet. Maybe Wal-Mart has it’s “ethical head” on backwards, but at least it isn’t crooked too.

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