wmt selling stuff under cost amazing

Discussion in 'Economics' started by chanster, Dec 5, 2006.

  1. I paid 400$ for GOOG shares at WMT today , amazing cost cutting !
     
    #11     Dec 5, 2006
  2. I once watched a 20/20 show or something similar and it was about
    how Walmart would have the lowest priced items of any of the stores
    out there. BUT, it was usually only the LOWEST priced item ouf of
    the many on the shelves. If you went up to the next higher priced
    item, other stores were comparable in price or even beat Walmart
    on that item. Same for the higher priced items in that line. The item
    line could be toasters or microwave ovens or whatever.

    So, perhaps Walmart is nothing but a store with a bunch of "lead in"
    items to draw the unsuspecting into the store where a lot end up
    buying the second item that is actually more expensive then you
    could find at another store.
     
    #12     Dec 6, 2006
  3. If it says "made in china", the cost is probably less than $5 USD
     
    #13     Dec 6, 2006