Re:Amazon Said to Mull Whole Foods Bid Before Jana Stepped In
by cylinder on Friday April 14, 2017 @08:55AM
(#14114155)
Don't you think that decline could be explained by the rise of Walmart?
Re:Amazon Said to Mull Whole Foods Bid Before Jana Stepped In
by bsder on Sunday April 16, 2017 @01:41AM
(#14124536)
It occurred before WalMart.
The biggest problem was that areas switched from growth to contraction. Once that happened, everybody tightened their belts and customer service along with inventory are the first to go.
Unfortunately, while that may get you through the next quarter, it kills you in the long run.
You're probably not old enough to remember when Sears and A&P were fearsome monopolies ...
Anyhow, as much as I hate WalMart, I will go to a WalMart in preference to almost ANYTHING local in small town America.
I do remember "old school" small town American businesses--yes, they were slow. But they had lots of oddball stock, gave good advice, and, they would give you a slow deadline, but they would move heaven and earth to make sure that they hit it if something went wrong.
About 1990, or so, that all changed in small town America. Inventories went to shit. Advice became laughable. And deadlines became optional.
At that point, why shouldn't I go to WalMart?