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Comment on If Walmart operates in Canada and takes all the profit back to the US, is that reflected in the trade balance?

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ricketyrackets@lemmy.ml ⁨2⁩ ⁨weeks⁩ ago

In fact yes it is. The Walton’s daughter Alice killed another person and got away Scott free.

The “walmartification” of areas where they decimate small mom and pop stores by offering lower priced goods and then jack up the price once those stores are gone.

It’s low pay with zero benefits to its employees is also bad.

And from a moral standpoint, as a proud Canadian: Fuck the American corporations.

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XeroxCool@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
The walmartification description there applies to their suppliers, too. They offer a great purchase price (especially to food goods) and sell at a loss so both farmers and customers choose Walmart. Once competition is stifled, they slap the farmers with reduced offers (while no other chains have the total purchasing power anymore) while sale price can afford to come up a bit on the shelf.

This type of move by Huy Fong led to the Sriracha sauce shortage when the chili farmers rejected the low bid and were willing to let the crop rot.

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- bane_killgrind@slrpnk.net ⁨2⁩ ⁨weeks⁩ ago
  Chili farmers are the real heroes
  
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Ironfist@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago
hear hear!

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crank0271@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
Thank you for the clear and consise. Perhaps I should have been more specific in my intended question to the initial poster: Walmart is and has always been problematic. Why now?

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- scutiger@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
  Sometimes all it takes it something unrelated (sort of) to remind us of our principles.
  
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shalafi@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
They don’t have to get up to all that to blast the mom and pops, economies of scale make their prices already lower. Maybe they did that back in the 80s when they were truly ramping up.

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