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Author: ClabberGirl Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308445  
Subject: Re: Why Walmart so good?(and other retailers) Date: 4/26/2003 5:42 PM
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I don't hate Wal-Mart. Why do you think so?

The way you stated it sounded like a jab at Wal-Mart and their methods...a implication that they are exploitative in a bad way, squeezing their employees and suppliers.

I think what you are saying is that they are exploitative of their resources and that's neither good nor bad.

The fact is, people who don't like Wal-Mart find a lot of reasons not to like it. And I get tired of people trying to bad-mouth a business that doesn't purport to be anything but a high-volume, low-price retailer with good workers and clean stores.

But let's face it: Wal-Mart sqeezes all of its available resources until dry. And human labor is a resource just like anything else. And when it comes to pay and benefits, Wal-Mart is no Starbucks, that's for sure.

I think that's true... I know we're on the CC board, but I find that a pretty LBYM way to do business. It is the old way of doing business, where you work, and scrimp, and save, and treat employees like family, both in terms of loyalty and in terms of expectation. What does a store owner expect from his own son who works for him? Expecting employees to give a little more is not asking much, especially these days when a lot of retail employees do little more than stare off into space while pushing buttons on a computer screen.

As long as Wal-Mart isn't doing sneaky, back-handed, sweat-shop stuff, and their CEOs are being up front with stock-holders, I think they are a good business.

And as for Wal-Mart being no Starbucks in terms of benefits and pay, well, I would be interested to see the statistics on how many people Wal-Mart employs versus how many Starbucks employs, and also the length of time employees remain with Wal-Mart versus Starbucks. And then...do I need to mention the disparity in value? What can the amount of a cup of Starbucks latte buy you at Wal-Mart? A LOT.

My big brother is a manager, as I said (and of course I'm biased), but I have five or so other family members who have worked there and Wal-Mart has been very good to them, in terms of flexibility (my ex-husband worked there while in school).

Anyway... my loyalty is unflagging. I guess the bias is obvious.

Deb

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