Quote:
Originally Posted by SolidSnake84
They watched this video in the marketing classes when i was a sophomore in college. I am watching excerpts from it now.
Totally blown away that 80% of the walmart workforce is considered below the poverty level going by their salary alone.
A guy just said that if they only raised the price of every item by .10 cents, they could afford to pay their store workers 10$ an hour...
Watching this now makes me wonder why/how the government has not been involved yet....
|
To be fair, Walmart typically underprices competition by 1 to 3 cents for marketing purposes - lowest price etc. so if they raise prices by 10 cents they will have successfully undercut their main selling point and reduce their customer base. The logic on that thought sounds purely governmental, ie ignore real world consequences and force an action that sounds good to the masses.
I am fairly certain Target and Kmart would love to see Wal-mart make that pledge!
Yes I do shop at Wal-mart, I do like the self checkout lines, and I can be patient in line when at a popular market place. If I am in a rush, I probably would go to a slightly more expensive store and expect their lines to be shorter.
I don't work in retail, but I do know how expensive even part time workers can be on a company's bottomline.