Lessons learned from a failing local mall

Re:Lessons learned from a failing local mall by coredog64 on Saturday April 28, 2018 @07:46PM (#16950016)

Just to add to this, WalMart is primarily a grocery store. Like most grocery stores, it has a net profit margin that hovers around 3%.

The Waltons are not rich because each WalMart vacuums money out of a community. The Waltons are rich because there is a metric shit-ton of stores that do a high volume of business, and they get their 2-3% slice of it.

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Re:Lessons learned from a failing local mall by bkdbkd on Monday April 30, 2018 @10:25AM (#16958764)

That would be nice, but they make money from sucking wealth.

When Walmart Comes to Town https://economics.mit.edu/files/7575

Bloomberg https://www.bloomberg.com/news/articles/2016-01-25/wal-mart-...

An early Snapper Mower take on walmarts practices: https://www.fastcompany.com/54763/man-who-said-no-wal-mart

https://www.youtube.com/watch?v=jf-Sr3SjBzk

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