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Should Wal-Mart Entry be banned....???

 
 
Reply Mon 4 Dec, 2006 05:13 am
The knock of Wal-Mart on Indian retail doors has raised the ire of those who stand for vendors, hawkers and shopkeepers. India FDI Watch has stepped out to hold out a warning, citing global instances.

>> Corporate hijacking of retailIn the United States, thousands of small and medium businesses has closed down because of Wal-MartMore than 300 local communities have blocked the entry of Wal-Mart in their neighborhoods.
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Type: Discussion • Score: 1 • Views: 1,075 • Replies: 3
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Drnaline
 
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Reply Mon 4 Dec, 2006 07:56 am
@Amrita cv,
“In the United States, thousands of small and medium businesses has closed down because of Wal-Mart”. Of those business's that shut down. How did they achieve there maket share when they first opened up? Did they maybe compete like wally world does and drive somebody out of business back in the day and now they are crying foul? Free market enterprise. If they were run out they were either charging to much or were unwilling to make a cut to compete.That's not wally's fault. I don't agree with alot of there business pratice's but competition isn't one of them.
oleo
 
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Reply Mon 4 Dec, 2006 01:34 pm
@Drnaline,
No, Wal-Mart shouldn't be banned. Foreign countries might need to fight for
the right to regulate the way they do business, though.

People here should be savvy enough not to shop there, for their own good and
the good of their local economy and their neighbor's businesses.
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Curmudgeon
 
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Reply Mon 4 Dec, 2006 07:01 pm
@Amrita cv,
I shop locally for things that Wally doesn't have , like auto parts and good hardware , but I also pay extra for the knowledge of the counter people at those stores .
2 years ago , when I needed a new compressor , I went to the local hardware ( 85 years in business ) and they didn't have the one I wanted in stock , but ordered it for me . It didn't come in in a 3 weeks time period , so I sadly told the owner that Walmart had the identical one for $40 less and I had to buy there .
Walmart is a large , savvy business with giant buying power . They may have some poor employee plans , but no one is forced to apply there as far as I know , and no one is forced to shop there .
I do shop there for the simple reason that they have everything . I don't buy the cheap Taiwan and Chinese stuff , though . Even on name brand stuff they still have great prices .
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