Getbig Bodybuilding, Figure and Fitness Forums
Getbig Main Boards => Politics and Political Issues Board => Topic started by: Mark Kerr on January 16, 2009, 08:41:44 AM
-
NEW YORK (CNNMoney.com) -- Bankrupt electronics retailer Circuit City Inc. said Friday it has asked for court approval to close its remaining 567 stores and sell all its merchandise.
The company said it has 30,000 employees.
In a filing with the U.S. Bankruptcy Court for the Eastern District of Virginia, Circuit City - the No. 2 electronics retailer after Best Buy - said it had reached an agreement with four companies to start the liquidation process.
The company said it the sale would begin Saturday and run until March 31, pending court approval.
-
I never liked Circuit City. They always seem to have crappier products at higher prices than places like Best Buy or CompUSA.
Wasn't too long ago they fired all their top sales people. Gave them a choice to work for lower wages or be replaced with someone fresh off the street for the same salary.
They also make every blatant attempt possible to rip you off as well for hidden charges and shit too.
-
I never liked Circuit City. They always seem to have crappier products at higher prices than places like Best Buy or CompUSA.
Wasn't too long ago they fired all their top sales people. Gave them a choice to work for lower wages or be replaced with someone fresh off the street for the same salary.
They also make every blatant attempt possible to rip you off as well for hidden charges and shit too.
I worked for them as a sales person and a manager. One day we (sales people) were all informed that anyone making over $15.00 and hour (based on sales commission/time worked) were going to be "laid off". You got a severance package. Some like myself, were asked to stay on as managers. I stayed on with them as a manager till 2004 when my daughter was born. IMO the demise happened when the good sales people, who had enthusiasm and a willingness to work because they were on commission and since their income was dependent on product movement, were sent off. Sales production dropped dramatically.
-
I worked for them as a sales person and a manager. One day we (sales people) were all informed that anyone making over $15.00 and hour (based on sales commission/time worked) were going to be "laid off". You got a severance package. Some like myself, were asked to stay on as managers. I stayed on with them as a manager till 2004 when my daughter was born. IMO the demise happened when the good sales people, who had enthusiasm and a willingness to work because they were on commission and since their income was dependent on product movement, were sent off. Sales production dropped dramatically.
Don't you think Best Buy had alot to do with it too?
Bestbuy stores are nicer and set up better and i think their prices are at least perceived as cheaper.
-
Yeah, it was in the paper here about their tactic of laying off all their sales people and then immediately offering them first choice in being hired back for the exact same position but at a much less rate of pay.
-
Yeah, it was in the paper here about their tactic of laying off all their sales people and then immediately offering them first choice in being hired back for the exact same position but at a much less rate of pay.
They must have had to compete with lower prices at other outlets namely bestbuy who pays their people about $10/hour At least that what it was about 5 years ago when a friend of mine worked there.
It sucks.
That's what large retail outlets like Walmart do to smaller companies and small businesses.
-
OldSchool,
I too worked for Circuit city... IT back when it was profitable.
I remember when they got rid of the commission people and went to common floor people for sales, Ala Best Buy.
Huge mistake... People went to CC because they didn't know what they wanted, they paid for the premium then because the sales staff knew EVERYTHING about a product. You guys were trained by the manufacturer for goodness sake.
They saw Best Buy and they said, oh, let's do that... Not even thinking about how people who liked the Best Buy model wouldn't shop at the City, and vice versa.
Also, they stopped selling major appliances... another huge factor. They had great profits on things like Dish Washers and Refrigerators.
That's going to hurt Richmond, Va. immensely.
Yeah, it was in the paper here about their tactic of laying off all their sales people and then immediately offering them first choice in being hired back for the exact same position but at a much less rate of pay.
True, but again, they shouldn't have competed with best buy on that level... They should have continued to provide the sales staff who knew everything, worked on commission and sold their asses off instead of a bunch of teenage kids making 10 bucks an hour.
Who has an incentive to sell at 10 bucks an hour? Really?
They must have had to compete with lower prices at other outlets namely bestbuy who pays their people about $10/hour At least that what it was about 5 years ago when a friend of mine worked there.
It sucks.
That's what large retail outlets like Walmart do to smaller companies and small businesses.
It's not always about cheaper... There is a very big market for knowledge in sales... Circuit City just decided they didn't want to bother with it... See where they are now.
-
Fellas, this just adds 30,000 people to the unemployment lines. I don't think they ran themselves out of business by cutting their commission sales people. You also have to add in Costco, Sams Club and Walmart. The distributors have no loyalty to the retailers any longer. Costco, Sams Club and Walmart carry the same TV's that Ciurcut City carried at much lower prices.
-
Fellas, this just adds 30,000 people to the unemployment lines. I don't think they ran themselves out of business by cutting their commission sales people. You also have to add in Costco, Sams Club and Walmart. The distributors have no loyalty to the retailers any longer. Costco, Sams Club and Walmart carry the same TV's that Ciurcut City carried at much lower prices.
Think about how it affects the Richmond Virginia economy... Not a lot going for it before... Now look at it?
This, on top of Land America... Richmond is having a meltdown of epic proportions now.
-
Don't you think Best Buy had alot to do with it too?
Bestbuy stores are nicer and set up better and i think their prices are at least perceived as cheaper.
Survival of the fittest. :)
-
bad news indeed i really feel for those ppl that are going to be laid off
I never really thought best buy was any cheaper in all honesty, i think they marketed themselves better and the stores themselves appeared nicer but as far as prices go i thought they where pretty comprable.
-
Survival of the fittest. :)
The problem with that is, as these large companies gobble up more and more of the market, they retard other competition to the point that they nearly create a form of corporate communism in a sense.
Only place to buy many products will be Walmart and Best buy.
-
The problem with that is, as these large companies gobble up more and more of the market, they retard other competition to the point that they nearly create a form of corporate communism in a sense.
Only place to buy many products will be Walmart and Best buy.
That's certainly possible, but Wal-Mart is a great place to shop. Good prices. That's why they're all over the place. I doubt they can completely dominate the market, because the stores are too big. We only have three on Oahu to service about 900,000 people. Still plenty of customers for K-Mart, Longs, Walgreens (which just entered the market), and Don Quixote (one of my favorites).
-
recession is all in your Circuits, bitches.
-
That's certainly possible, but Wal-Mart is a great place to shop. Good prices. That's why they're all over the place. I doubt they can completely dominate the market, because the stores are too big. We only have three on Oahu to service about 900,000 people. Still plenty of customers for K-Mart, Longs, Walgreens (which just entered the market), and Don Quixote (one of my favorites).
WTF?
Wal-Mart is crap... No wonder we don't see eye to eye.
-
WTF?
Wal-Mart is crap... No wonder we don't see eye to eye.
Oh shush. I shop there all the time. :) I'm going there today. I need a new bathroom radio. My wife and kids keep messing with mine, changing the station, etc. >:(
I already have my speech ready when I bring it home today:
This is my radio.
There are many like it, but this one is mine . . . .
-
That's certainly possible, but Wal-Mart is a great place to shop. Good prices. That's why they're all over the place. I doubt they can completely dominate the market, because the stores are too big. We only have three on Oahu to service about 900,000 people. Still plenty of customers for K-Mart, Longs, Walgreens (which just entered the market), and Don Quixote (one of my favorites).
actually an independent study found that target was actually cheaper then walmart on average, thing is walmart advertise very well and drops prices on certain products while keeping others relatively high.
-
actually an independent study found that target was actually cheaper then walmart on average, thing is walmart advertise very well and drops prices on certain products while keeping others relatively high.
We don't have Target. The stuff I buy there is less expensive than most other stores.
-
Oh shush. I shop there all the time. :) I'm going there today. I need a new bathroom radio. My wife and kids keep messing with mine, changing the station, etc. >:(
I already have my speech ready when I bring it home today:
This is my radio.
There are many like it, but this one is mine . . . .
I don't like their unfair business practices that they get away with... Plus their willingness to screw over employees and things of that nature.
I hate Wal-Mart
-
We don't have Target. The stuff I buy there is less expensive than most other stores.
IC i actually still go to walmart more often then target simply b/c id have to go to the otherside of the freeway to get to target and walmarts on my side...LOL just pure laziness.
-
I don't like their unfair business practices that they get away with... Plus their willingness to screw over employees and things of that nature.
I hate Wal-Mart
Nothing unfair about providing jobs for thousands of people across the country. If employees don't like their practices they should go work somewhere else.
Meanwhile, I'll continue to save money as a "Wal-Mart shopper." :)
-
IC i actually still go to walmart more often then target simply b/c id have to go to the otherside of the freeway to get to target and walmarts on my side...LOL just pure laziness.
Nah. That's called convenience.
-
Don't you think Best Buy had alot to do with it too?
Bestbuy stores are nicer and set up better and i think their prices are at least perceived as cheaper.
Circuit City was always a hassle to shop at.
-
Walmart is crappy and has subpar products in there.
If you are just going for a few things around the house and supplies, that is fine. But I would never even consider doing a serious purchase like a plasma or computer from that place.
-
Walmart is crappy and has subpar products in there.
If you are just going for a few things around the house and supplies, that is fine. But I would never even consider doing a serious purchase like a plasma or computer from that place.
Circuit City always had the most indifferent employees and salespeople I ever saw.
The checkout always took forever even if there was only two people on line.
Horrible shopping experience.
-
Which is exactly why I shop Best Buy.
Went to CC to purchase a car stereo for the second vehicle ONLY because they advertised "free installation with any purchase over $199"
I get there, the unit I want is $575, installation is free right? Yeah, only after you purchase the parts (4 screws and set of brackets). Well the parts were $120.
Funny thing is that right there on their board they have it stated that the normal cost of Installation was $75 and included all parts and labor. So the "free installation" actually cost you more than it would when you normally paid for it.
-
Circuit City always had the most indifferent employees and salespeople I ever saw.
The checkout always took forever even if there was only two people on line.
Horrible shopping experience.
That was also due to lack of payroll. This is becoming a trend for all retailers, not just Circuit City.
-
That was also due to lack of payroll. This is becoming a trend for all retailers, not just Circuit City.
There has been more than one occasion where I put down items I planned on buying because I did not want to wait on the long lines that looked like they took forever.
-
There has been more than one occasion where I put down items I planned on buying because I did not want to wait on the long lines that looked like they took forever.
That was because the stores had no payroll to properly staff their stores. You should know this. I thought you were a small business owner?
-
That was because the stores had no payroll to properly staff their stores. You should know this. I thought you were a small business owner?
I dont operate a retail outfit and dont know their business model. They had a lot of employees in the store, it just seemed like none were doing anything.
-
I dont operate a retail outfit and dont know their business model. They had a lot of employees in the store, it just seemed like none were doing anything.
I was in specialty retail for 13 years. 10 of those years my postion was store manager. In corporate retail, almost all operating cost are pretty much fixed. There is one cost that is not fixed, and that is payroll. So, when sales are down, the retailer will cut payroll. If you did any holiday shopping last year, there was no one on the sales floor helping customers.
-
Nothing unfair about providing jobs for thousands of people across the country. If employees don't like their practices they should go work somewhere else.
Meanwhile, I'll continue to save money as a "Wal-Mart shopper." :)
Hey genius... Do you know that if Wal-Mart buys TVs from a manufacturer and a small business owner (like yourself) buys a TV from a manufacturer, that the rules are different.
If you have a TV stolen as a business owner... It's YOUR loss... you already paid for it... sorry.
If Wal-Mart has someone steal a TV, then the manufacturer covers that cost FOR wal-mart.
Just so they can be in a Wal-Mart store because Wal-Mart is so large.
Does that sound fair to you? That is an unfair practice... It's not illegal, but it's not fair.
As far as employees are concerned... Sometimes you don't have any other options... Wal-Marts are sometimes the only employer in an entire area... It's just the way it goes.
You're saying it's the employees fault they get treated like crap because they have to have a job and don't want to sit around on welfare like all the trailerpark jackasses in the country.
You've got some nerve.
-
That's certainly possible, but Wal-Mart is a great place to shop. Good prices. That's why they're all over the place. I doubt they can completely dominate the market, because the stores are too big. We only have three on Oahu to service about 900,000 people. Still plenty of customers for K-Mart, Longs, Walgreens (which just entered the market), and Don Quixote (one of my favorites).
All those companies, K-mart, longs, & Walgreens are not too far from being in trouble. Walmart is even going after Cosco and Sam's with those walmart distribution centers. I appreciate there intentions to dominate the market place and don't think laws need need to be in place to stop them. the market place is changing. Private ownership on the sole proprietor level of businesses is changing. Forget about the family grocery its disappearing, privately own TV/Stereo repair, computer repair, hardware store.... They can't compete with Walmart, Best Buy and Home depot/Lowe's.
What's next? will they start dictating to the manufacturers?
I know some of those mentioned are opening stores, but are they also closing some? Are they posting profits to the share holders? Circuit city closing is real significant for me, because i had a gal in my office looking for a job who worked at the local Circuit city where i live. they were told the store wasn't going to close, promised it wasn't, in the last 6 months when just 5 miles down the freeway they were opening another circuit city. Then on the saturday before christmas they gathered all the employees and shut it down. no severance. no transfers. Then now, 3 weeks later they announce they are closing all of them, including the new one.
Winning a competitive battle in business is great. But when all the competition dies out, its not good long term. It's monopoly/commy like. ;D
-
All those companies, K-mart, longs, & Walgreens are not too far from being in trouble. Walmart is even going after Cosco and Sam's with those walmart distribution centers. I appreciate there intentions to dominate the market place and don't think laws need need to be in place to stop them. the market place is changing. Private ownership on the sole proprietor level of businesses is changing. Forget about the family grocery its disappearing, privately own TV/Stereo repair, computer repair, hardware store.... They can't compete with Walmart, Best Buy and Home depot/Lowe's.
What's next? will they start dictating to the manufacturers?
I know some of those mentioned are opening stores, but are they also closing some? Are they posting profits to the share holders? Circuit city closing is real significant for me, because i had a gal in my office looking for a job who worked at the local Circuit city where i live. they were told the store wasn't going to close, promised it wasn't, in the last 6 months when just 5 miles down the freeway they were opening another circuit city. Then on the saturday before christmas they gathered all the employees and shut it down. no severance. no transfers. Then now, 3 weeks later they announce they are closing all of them, including the new one.
Winning a competitive battle in business is great. But when all the competition dies out, its not good long term. It's monopoly/commy like. ;D
WalMart does. Does some research and enlighten yourself.
-
WalMart does. Does some research and enlighten yourself.
100 percent correct... Due to their size and distribution pipeline they absolutely dictate many things to the manufacturer that the small business owner can not.
-
WalMart does. Does some research and enlighten yourself.
No need, I guess i figured right.
100 percent correct... Due to their size and distribution pipeline they absolutely dictate many things to the manufacturer that the small business owner can not.
This is not a good thing. So now, in a sense, they are saying, "we will force you to buy what we sell" effectively canceling out to a degree competition among manufacturers.
Say hello to corporate communism ;D
-
100 percent correct... Due to their size and distribution pipeline they absolutely dictate many things to the manufacturer that the small business owner can not.
These huge companies make money two ways:
1. Sell items for more than they bough them.
2. Screw the supplier into accepting less for the prudct delivered and cut their invoices down.
-
Hey genius... Do you know that if Wal-Mart buys TVs from a manufacturer and a small business owner (like yourself) buys a TV from a manufacturer, that the rules are different.
If you have a TV stolen as a business owner... It's YOUR loss... you already paid for it... sorry.
If Wal-Mart has someone steal a TV, then the manufacturer covers that cost FOR wal-mart.
Just so they can be in a Wal-Mart store because Wal-Mart is so large.
Does that sound fair to you? That is an unfair practice... It's not illegal, but it's not fair.
As far as employees are concerned... Sometimes you don't have any other options... Wal-Marts are sometimes the only employer in an entire area... It's just the way it goes.
You're saying it's the employees fault they get treated like crap because they have to have a job and don't want to sit around on welfare like all the trailerpark jackasses in the country.
You've got some nerve.
Hey Einstein, that sounds absolutely fair. The relationship between Walmart and its vendors is governed by whatever contract they sign. If the vendors don't like the terms, then they shouldn't sign the contract. Those aren't different "rules." Those are different contracts. Big difference.
In what city is Walmart the only employer in town?
I'm saying if an employee doesn't like how he or she is being treated, then the employee should find another job. There are 50 states, hundreds of cities, and thousands of employers. (I'm assuming we're not talking about things like discrimination.)
I do have some nerve. I think it's a free country and people should be able to work wherever the heck they want, assuming someone will hire them, start their own business, hire people, fire people, sign contracts, etc. Imagine that. . . .
-
All those companies, K-mart, longs, & Walgreens are not too far from being in trouble. Walmart is even going after Cosco and Sam's with those walmart distribution centers. I appreciate there intentions to dominate the market place and don't think laws need need to be in place to stop them. the market place is changing. Private ownership on the sole proprietor level of businesses is changing. Forget about the family grocery its disappearing, privately own TV/Stereo repair, computer repair, hardware store.... They can't compete with Walmart, Best Buy and Home depot/Lowe's.
What's next? will they start dictating to the manufacturers?
I know some of those mentioned are opening stores, but are they also closing some? Are they posting profits to the share holders? Circuit city closing is real significant for me, because i had a gal in my office looking for a job who worked at the local Circuit city where i live. they were told the store wasn't going to close, promised it wasn't, in the last 6 months when just 5 miles down the freeway they were opening another circuit city. Then on the saturday before christmas they gathered all the employees and shut it down. no severance. no transfers. Then now, 3 weeks later they announce they are closing all of them, including the new one.
Winning a competitive battle in business is great. But when all the competition dies out, its not good long term. It's monopoly/commy like. ;D
I think consumers should dictate what happens. If we want small mom & pop stores, then they'll survive. If we don't want them, they'll close shop. We've had a number of small stores close. A number of them are still open.
I don't think Walmart will ever completely control the market. We have laws in place preventing monopolies. I don't think they're close to being a monopoly.
-
I think consumers should dictate what happens. If we want small mom & pop stores, then they'll survive. If we don't want them, they'll close shop. We've had a number of small stores close. A number of them are still open.
They can't compete on prices and selection. Call it an evolution of the market place if ya like, but its not about preference is about money and people will inevitably gravitate towards selection and prices. Mom and Pop stores can't provide either.
I don't think Walmart will ever completely control the market. We have laws in place preventing monopolies. I don't think they're close to being a monopoly.
Not in the traditional sense of them being the only choice. But in many ways they are. Take Dixon, CA for example. a town of about 30k The walmart distribution center there is the main source for nearly everything. Other places (all big companies) are 8+ miles away. There's no way a family owned retail outlet of any general type can survive or can compete there other than a convenience store of which 99% are owned by chains in the area. Not groceries, not electronics, not auto parts, etc... Isn't part of the American dream to own your own business? Traditional business of those types are becoming extinct. The market place is changing.
-
Hey Einstein, that sounds absolutely fair. The relationship between Walmart and its vendors is governed by whatever contract they sign. If the vendors don't like the terms, then they shouldn't sign the contract. Those aren't different "rules." Those are different contracts. Big difference.
In what city is Walmart the only employer in town?
I'm saying if an employee doesn't like how he or she is being treated, then the employee should find another job. There are 50 states, hundreds of cities, and thousands of employers. (I'm assuming we're not talking about things like discrimination.)
I do have some nerve. I think it's a free country and people should be able to work wherever the heck they want, assuming someone will hire them, start their own business, hire people, fire people, sign contracts, etc. Imagine that. . . .
A vendor not sign a contract to sell a product?
So they have no product to sell? Yeah... That's really going to happen.
A small business owner will NEVER get that into their contract because they are not the size of Wal-Mart and so the manufacturer will not care if they sell their product or not... They've still got Wal-Mart to sell it.
Beach, you really have lost your mind when it comes to this.
-
They can't compete on prices and selection. Call it an evolution of the market place if ya like, but its not about preference is about money and people will inevitably gravitate towards selection and prices. Mom and Pop stores can't provide either.
Not in the traditional sense of them being the only choice. But in many ways they are. Take Dixon, CA for example. a town of about 30k The walmart distribution center there is the main source for nearly everything. Other places (all big companies) are 8+ miles away. There's no way a family owned retail outlet of any general type can survive or can compete there other than a convenience store of which 99% are owned by chains in the area. Not groceries, not electronics, not auto parts, etc... Isn't part of the American dream to own your own business? Traditional business of those types are becoming extinct. The market place is changing.
The smaller stores can compete if that's what the public wants. We still have a bunch of them here. But I do agree that the marketplace has changed. Stores like Walmart and Costco are what the public wants.
Not everyone wants to own a business, so I wouldn't necessarily call it part of the American dream. People should try and own their own businesses. I don't think the big stores prevent that from happening. They do make it harder in some areas, but that just means people have to adapt. Find a product or service that people need, find a market, put a business plan together, and make it happen. That's still possible just about everywhere.
But yes, the marketplace is changing.
-
A vendor not sign a contract to sell a product?
So they have no product to sell? Yeah... That's really going to happen.
A small business owner will NEVER get that into their contract because they are not the size of Wal-Mart and so the manufacturer will not care if they sell their product or not... They've still got Wal-Mart to sell it.
Beach, you really have lost your mind when it comes to this.
I'm not following you. Are you talking about the relationship between Walmart and manufacturers who provide the products that Walmart sells? If so, what exactly is the problem?
-
That's certainly possible, but Wal-Mart is a great place to shop.
The two I've been in are full of poor looking Mexicans (probably illegals) and white trash that smell funny and waddle as they go though the store buying cheap shit made in China.
;D
-
I'm not following you. Are you talking about the relationship between Walmart and manufacturers who provide the products that Walmart sells? If so, what exactly is the problem?
The problem is that a small business owner... Hell, even larger businesses who are not as large as wal-mart can never get the types of contracts that wal-mart has... It is impossible for them.
You could never get a vendor to sign a contract saying they will pay for a stolen product... because you're too small, but Wal-Mart will get that contract every time.
It is an unfair practice... I don't see how you can't see it.
You probably do, but are so obstinate in your feeling you have to be right that you would never admit it... Continue to "stay the course" Beach my friend.
The two I've been in are full of poor looking Mexicans (probably illegals) and white trash that smell funny and waddle as they go though the store buying cheap shit made in China.
;D
Wal-Mart has so changed since Sam Walton died... No more made in America... it's all Chinese bullshit.
-
Remember that time Beach Bum claimed he read "Made in America", than someone mentioned the Walton family and he said he didn't know who they were.
Ultimate owning HAHAHAHAHAHAHAHHAHA
Anyone have a link to that thread.
-
The problem is that a small business owner... Hell, even larger businesses who are not as large as wal-mart can never get the types of contracts that wal-mart has... It is impossible for them.
You could never get a vendor to sign a contract saying they will pay for a stolen product... because you're too small, but Wal-Mart will get that contract every time.
It is an unfair practice... I don't see how you can't see it.
You probably do, but are so obstinate in your feeling you have to be right that you would never admit it... Continue to "stay the course" Beach my friend.
Wal-Mart has so changed since Sam Walton died... No more made in America... it's all Chinese bullshit.
Where are the states and feds? Why aren't they pursuing Walmart for antitrust violations over this?
I'm not bothered at all by the fact Walmart has signed contracts with businesses. The businesses get a huge return because Walmart helps businesses make money. Who cares if the manufacturer has to replace a stolen TV? I can't believe you're getting worked up over something like that. I could care less. Both Walmart and the manufacturers are making money. If smaller businesses cannot get contracts with Walmart, then they should find other ways to make money. Plenty of fish in the sea. There is absolutely nothing unfair about what you've described.
-
Where are the states and feds? Why aren't they pursuing Walmart for antitrust violations over this?
I'm not bothered at all by the fact Walmart has signed contracts with businesses. The businesses get a huge return because Walmart helps businesses make money. Who cares if the manufacturer has to replace a stolen TV? I can't believe you're getting worked up over something like that. I could care less. Both Walmart and the manufacturers are making money. If smaller businesses cannot get contracts with Walmart, then they should find other ways to make money. Plenty of fish in the sea. There is absolutely nothing unfair about what you've described.
Pay attention Beach... It is unfair because if I sell a TV and it gets stolen, I have to pay for the loss, where Wal-Mart DOES NOT.
Because they are so LARGE, the manufacturers throw them that bone, where a small TV seller can not get that.
It is COMPLETELY unfair to small business owners who sell the same things Wal-Mart does... It's not ILLEGAL, but it is HIGHLY unfair.
The fact you do not get this is mind boggling.
-
Remember that time Beach Bum claimed he read "Made in America", than someone mentioned the Walton family and he said he didn't know who they were.
Ultimate owning HAHAHAHAHAHAHAHHAHA
Anyone have a link to that thread.
Go take a nap boy.
-
Go take a nap boy.
Wish I could.
Why don't you go catch up on "Made in America".
HAHAHAHAHAHHAHAHAHAHAHAH AHAHAHAHAHAHAHAHAHAHAHAH AHHAHA
-
Pay attention Beach... It is unfair because if I sell a TV and it gets stolen, I have to pay for the loss, where Wal-Mart DOES NOT.
Because they are so LARGE, the manufacturers throw them that bone, where a small TV seller can not get that.
It is COMPLETELY unfair to small business owners who sell the same things Wal-Mart does... It's not ILLEGAL, but it is HIGHLY unfair.
The fact you do not get this is mind boggling.
The fact I disagree is mind-boggling? O.K. . . .
Look, there is nothing unfair about a small business being unable to get the same contract as a larger business. Maybe the small business needs to grow if it wants to compete. Maybe it needs to go work a deal with Target or K-Mart, etc. Maybe it needs to find another line of work.
There is nothing unfair about Walmart negotiating contracts.
-
Wish I could.
Why don't you go catch up on "Made in America".
HAHAHAHAHAHHAHAHAHAHAHAH AHAHAHAHAHAHAHAHAHAHAHAH AHHAHA
Diaper change? Have you soiled yourself today?
Now get off Mommy and Daddy's computer before you get grounded.
-
The fact I disagree is mind-boggling? O.K. . . .
Look, there is nothing unfair about a small business being unable to get the same contract as a larger business. Maybe the small business needs to grow if it wants to compete. Maybe it needs to go work a deal with Target or K-Mart, etc. Maybe it needs to find another line of work.
There is nothing unfair about Walmart negotiating contracts.
It's monopolistic... That's the basis of Monopolies... This is why AT&T got blown apart and Microsoft had hefty fines... Same thing.
How you don't see it really IS shocking to me.
-
Before you attempt "Made in America" again you should work on this simpleton.
Reading Comprehension - http://www.rhlschool.com/reading.htm
;D ;D ;D ;D ;D ;D ;D
-
Before you attempt "Made in America" again you should work on this simpleton.
Reading Comprehension - http://www.rhlschool.com/reading.htm
;D ;D ;D ;D ;D ;D ;D
You're starting to bore me kid. Go suck a lollipop or something.
-
(http://www.themillionairesecrets.net/images/2008/08/sam-walton.jpg)
HAHAHAHAHAHAHHAAHHAHAHAH AHAHAHAHAHA
-
It's monopolistic... That's the basis of Monopolies... This is why AT&T got blown apart and Microsoft had hefty fines... Same thing.
How you don't see it really IS shocking to me.
No it isn't. It's savvy business dealings. Why shouldn't Walmart negotiate the best contracts possible? They're also benefiting the businesses who are selling products to Walmart.
What you've described is not a monopoly. When they start to dominate the market then let me know. I can leave my office (which I'm about to do) and go to Wal-Mart, K-Mart, Longs, Don Quixote, and others all within about a 5 mile radius. I have plenty of choices. I'm sure that's true in every big city.
-
No it isn't. It's savvy business dealings. Why shouldn't Walmart negotiate the best contracts possible? They're also benefiting the businesses who are selling products to Walmart.
What you've described is not a monopoly. When they start to dominate the market then let me know. I can leave my office (which I'm about to do) and go to Wal-Mart, K-Mart, Longs, Don Quixote, and others all within about a 5 mile radius. I have plenty of choices. I'm sure that's true in every big city.
There were other long distance companies, but AT&T still got split up.
Wal-Mart IS a monopoly when it comes to distributing products.
-
There were other long distance companies, but AT&T still got split up.
Wal-Mart IS a monopoly when it comes to distributing products.
Here is the definition:
(economics) a market in which there are many buyers but only one seller; "a monopoly on silver"; "when you have a monopoly you can ask any price ...
exclusive control or possession of something; "They have no monopoly on intelligence"
wordnet.princeton.edu/perl/webwn
Walmart is not the only seller of products. They're not even close to being the only seller. I think we have as many K-Mart stores as we do Walmart stores in Hawaii. We also have a number of other stores that compete with Walmart. I'm sure that is true in every major city.
But I’m out. Have a good weekend.
I'm on my way to Walmart to buy my radio . . . . :)
-
Remember that time Beach Bum claimed he read "Made in America", than someone mentioned the Walton family and he said he didn't know who they were.
Ultimate owning HAHAHAHAHAHAHAHHAHA
Anyone have a link to that thread.
You got to be kidding.
-
You got to be kidding.
Actually, no... That is a factual statment.
-
I'm on my way to Walmart to buy my radio . . . . :)
Buying a chinese piece of crap radio from a piece of crap company... Where's your American pride?
-
Buying a chinese piece of crap radio from a piece of crap company... Where's your American pride?
Soon all of us will be shopping at Walmart. :'(
-
Buying a chinese piece of crap radio from a piece of crap company... Where's your American pride?
Made in China, purchased at an American store founded by one of our greatest Americans. Very proud of my new radio. :)
-
Made in China, purchased at an American store founded by one of our greatest Americans. Very proud of my new radio. :)
The Wal-Mart of Sam Walton is NOT the same Wal-Mart today... His children destroyed what he wanted.
He did not like supercenters and he would not have started buying crap made in China.
You really don't know much about Sam Walton do you?
-
The Wal-Mart of Sam Walton is NOT the same Wal-Mart today... His children destroyed what he wanted.
He did not like supercenters and he would not have started buying crap made in China.
You really don't know much about Sam Walton do you?
No it's not the same. It's bigger, better, more profitable, serves more consumers, and employs more workers.
He would have purchased goods from wherever he could have obtained the best deals. He would have purchased "crap" from China too, because all of his competitors do the same thing. He would have adapted along with the marketplace to stay competitive.
I know a little about Sam Walton. :) You don't know much about how businesses operate do you? Who steals TVs from Walmart?? Monopolies? Questioning American pride because a person shops at an American company, but buys foreign made products? Absurd.
-
No it's not the same. It's bigger, better, more profitable, serves more consumers, and employs more workers.
He would have purchased goods from wherever he could obtained the best deals. He would purchased "crap" from China too, because all of his competitors do the same thing. He would have adapted along with the marketplace to stay competitive.
I know a little about Sam Walton. :) You don't know much about how businesses operate do you? Who steals TVs from Walmart?? Monopolies? Questioning American pride because a person shops at an American company, but buys foreign made products? Absurd.
No, no he wouldn't... He was absolutely against the Supercenter and shot down the idea every time his children brought it up.
It wasn't until he died that a Super Center was ever built.
Sam Walton would not have bought from China... He may have bought some things, but those "Made in the USA" logos that he used to have got immediately taken down when he died.
You really don't know much about the guy...
I know a lot about small business... Just because you run your business a certain way doesn't mean everyone else does.
Wal Mart is bigger, but it's not better, and while it may service more people, or employee a few more people, the difference is very nominal.
People steal lots of things from Wal-Mart... Using the TV in the scenario was simply a way to make a point, or didn't you get that part?
::)
-
No, no he wouldn't... He was absolutely against the Supercenter and shot down the idea every time his children brought it up.
It wasn't until he died that a Super Center was ever built.
Sam Walton would not have bought from China... He may have bought some things, but those "Made in the USA" logos that he used to have got immediately taken down when he died.
You really don't know much about the guy...
I know a lot about small business... Just because you run your business a certain way doesn't mean everyone else does.
Wal Mart is bigger, but it's not better, and while it may service more people, or employee a few more people, the difference is very nominal.
People steal lots of things from Wal-Mart... Using the TV in the scenario was simply a way to make a point, or didn't you get that part?
::)
Oh sure I've seen plenty of people steal TVs from Walmart. lol . . .
There is no way Walmart would have been able to grow the way it has if it didn't purchase foreign-made products. They're no different than any other large company. They all do it. They'll all continue to do it until we start making better and cheaper products at home.
It's lunchtime. I'm thinking of Chinese food. :)
-
HAHAHAHAHAHAHHAHAHAHAHHA HAHAHAHAHAHAHAHAHAHAHHAH AHAHAHAHAHAHAHAHAHAH
(http://ecx.images-amazon.com/images/I/51HgwzepqnL._SL500_.jpg)
Tackled it yet?
Maybe you should try something like this first...
(http://gigcat.midhudson.org:90/screens/kidpick/age/godog.jpg)
-
HAHAHAHAHAHAHHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAH
(http://ecx.images-amazon.com/images/I/51HgwzepqnL._SL500_.jpg)
Tackled it yet?
Maybe you should try something like this first...
(http://gigcat.midhudson.org:90/screens/kidpick/age/godog.jpg)
Hahaha... I'm sure he's gotten someone to read it to him by now.
-
:) I'm actually trying to research theft of TVs from Walmart. I hear it's a chronic problem. :)
-
:) I'm actually trying to research theft of TVs from Walmart. I hear it's a chronic problem. :)
You'd know if you ever worked there... or maybe if your brother at one time worked security for a Wal-Mart... Oh wait... That's me.
:)
-
You'd know if you ever worked there... or maybe if your brother at one time worked security for a Wal-Mart... Oh wait... That's me.
:)
Riiight. Don't tell me: TVs flying out the door left and right. lol . . .
-
Riiight. Don't tell me: TVs flying out the door left and right. lol . . .
So it's ok as long as it's just 1 or 2... That makes the unfair advantage A-OK.
Doesn't change the policies which are unfair to small business owners... You are so wrong, yet you refuse to admit it.
I guess it makes sense considering you like "staying the course" no matter how ridiculous you look.
-
So it's ok as long as it's just 1 or 2... That makes the unfair advantage A-OK.
Doesn't change the policies which are unfair to small business owners... You are so wrong, yet you refuse to admit it.
I guess it makes sense considering you like "staying the course" no matter how ridiculous you look.
No it's not O.K. It just shows the entire basis for your initial problem with Walmart doesn't make any sense. You need a better hypothetical.
How in the world am I "wrong"? You know the difference between fact and opinion. What we've both expressed is an opinion. As I tried to explain earlier in the thread, you a have a problem with how Walmart does business. I don't (at least not what you’ve described). Nothing unfair about contracts that both sides agree to sign.
What is your solution? Have the government dictate the terms of contracts between Walmart and its vendors?
What the heck is "staying the course"? Have no idea what you're talking about.
-
No it's not O.K. It just shows the entire basis for your initial problem with Walmart doesn't make any sense. You need a better hypothetical.
How in the world am I "wrong"? You know the difference between fact and opinion. What we've both expressed is an opinion. As I tried to explain earlier in the thread, you a have a problem with how Walmart does business. I don't (at least not what you’ve described). Nothing unfair about contracts that both sides agree to sign.
What is your solution? Have the government dictate the terms of contracts between Walmart and its vendors?
What the heck is "staying the course"? Have no idea what you're talking about.
It makes perfect sense to those who believe in fair business practices, where it doesn't to those who don't. (look in the mirror)
-
It makes perfect sense to those who believe in fair business practices, where it doesn't to those who don't. (look in the mirror)
Put down the socialist manifesto. This is America.
I'm actually thinking Mexican food (I really don't like Chinese food.) :)
-
Put down the socialist manifesto. This is America.
I'm actually thinking Mexican food (I really don't like Chinese food.) :)
There is NOTHING socialist about fair and even business practices... For you to say otherwise is a complete bastardization of what capitalism is truly all about.
-
There is NOTHING socialist about fair and even business practices... For you to say otherwise is a complete bastardization of what capitalism is truly all about.
Life isn't "fair." What does Ozmo say, "kill or be killed"? :) What exactly do you propose? Sounds like you want the government to come in and rewrite Walmart's contracts. Your talk throughout this thread reeks of socialism.
-
Life isn't "fair." What does Ozmo say, "kill or be killed"? :) What exactly do you propose? Sounds like you want the government to come in and rewrite Walmart's contracts. Your talk throughout this thread reeks of socialism.
Business IS supposed to be fair... It is supposed to be an equal playing field... there is NOTHING socialist about it.
Capitalism is about fairness and what the market can bear in a free market, all things being equal economic structure.
You're tossing around "socialist" in a complete wrong sense... Any economist would tell you that you're wrong.
That's why business ethics are taught in schools and why you have business regulations. Fairness.
-
Tony Montana from Scarface:
You know what capitilism is . . . . its about getting fucked.
-
Life isn't "fair." What does Ozmo say, "kill or be killed"? :) What exactly do you propose? Sounds like you want the government to come in and rewrite Walmart's contracts. Your talk throughout this thread reeks of socialism.
Umm, just for the record, that "kill or be killed" thing is from something "youandme" said a year ago and it was my way of making fun of it; and for what ever reason I've never taken it off.
That being said, life isn't fair, business isn't fair and it isn't always supposed to be. the problem is, however, that if you don't have some regulation in place in a capitalistic system, you run the risk of it defeating itself as companies in different markets get too big making competition practically ineffective in that area. When all real competition is squashed corporate communism begins. Walmart, is getting closer and closer. Best buy is getting closer. although some say Best Buy's days are numbered buy people buying electronics on the internet. Even if it's just down to several large companies completely dominating the market its dangerous. Even though price fixing is illegal don't for one second think there isn't an element of collusion that exists.
I've always believed that strength of our country lied in the ability for a single individual to start their own business or even a small group of people. That's getting harder and harder to do today.
-
Just to break up the discussion for a minute, but does anyone know when their big sale is going to be? When the prices at CC will really be marked down?
-
Just to break up the discussion for a minute, but does anyone know when their big sale is going to be? When the prices at CC will really be marked down?
When sharper image closed up they brought in a company that specializes in liquidation and from what I've seen with Mervyns, Linens and things, and the circuit city that closed up here last month, what they do is start at %10 to 20% off everything in the store and as more and more stuff gets bought they increase the discount. So a week or 2 later you might see 20-40% off then 50, then 60 then 70 etc... as time goes on, until it's all gone.
-
Just to break up the discussion for a minute, but does anyone know when their big sale is going to be? When the prices at CC will really be marked down?
It shouldn't be long... I'd bet that by mid - late Feb you'll be able to buy whatever you want... Dirt cheap.
-
When sharper image closed up they brought in a company that specializes in liquidation and from what I've seen with Mervyns, Linens and things, and the circuit city that closed up here last month, what they do is start at %10 to 20% off everything in the store and as more and more stuff gets bought they increase the discount. So a week or 2 later you might see 20-40% off then 50, then 60 then 70 etc... as time goes on, until it's all gone.
you are never getting a flat screen for 50% off.
-
you are never getting a flat screen for 50% off.
This gal i interviewed for a job a few weeks ago, who worked for Circuit City in Fairfield, CA that close it's doors on the Saturday before Christmas, told me that the last flat screen (52 inch) was sold for $200 the day before the store shut down.
-
This gal i interviewed for a job a few weeks ago, who worked for Circuit City in Fairfield, CA that close it's doors on the Saturday before Christmas, told me that the last flat screen (52 inch) was sold for $200 the day before the store shut down.
Why didnt she buy it?
-
Why didnt she buy it?
She's broke or maybe she had one, i donno She was only getting paid minimum wage there. I have 2 LCD's, but for $200 I'd have bought it. I'd imagine the LCD TV would have been in pretty bad shape and had been a floor model for a year or so. who knows.
I guess the strategy is, if you want to get a good deal is to watch and wait.
-
you are never getting a flat screen for 50% off.
They have to sell everything just to try to pay back some of the debt... I've seen where you can get electronics for 60+ percent off... Flat screens included.
-
Ozmo's pretty much on the money. They're using the same liquidator as Comp USA did.
Unfortunately, for the first week, you don't see to many deals, since the 10% off is off ORIGINAL prices. The TV I've been tracking actually ended up costing more than it previously did. And that was for the floor model.
You will have to time it perfectly to get a great deal.
-
Umm, just for the record, that "kill or be killed" thing is from something "youandme" said a year ago and it was my way of making fun of it; and for what ever reason I've never taken it off.
That being said, life isn't fair, business isn't fair and it isn't always supposed to be. the problem is, however, that if you don't have some regulation in place in a capitalistic system, you run the risk of it defeating itself as companies in different markets get too big making competition practically ineffective in that area. When all real competition is squashed corporate communism begins. Walmart, is getting closer and closer. Best buy is getting closer. although some say Best Buy's days are numbered buy people buying electronics on the internet. Even if it's just down to several large companies completely dominating the market its dangerous. Even though price fixing is illegal don't for one second think there isn't an element of collusion that exists.
I've always believed that strength of our country lied in the ability for a single individual to start their own business or even a small group of people. That's getting harder and harder to do today.
Sorry. Didn't know where the phrase originated. But you now own that phrase. :)
Everyone has the same opportunities. It's easier for some, harder for some, but anyone can go start and grow a business if they choose. They have the opportunity to compete. That's what "fairness" is really about in our system: opportunity and competition.
Regarding regulating the marketplace, we already have regulations in place. We have government agencies providing oversight. We have the courts. We also have consumers who can choose to take their business elsewhere.
I really don't see Walmart being anywhere near a monopoly. They have lots of competition. We both travel a lot and I'm sure you see what I see: a number of businesses competing with Walmart in cities across the country. The fact Walmart may be bigger, making more money, or outperforming its competition doesn't make it a monopoly.
-
I was talking to a couple of small business owners and they brought up Walmart and how Walmart is hurting their business. Walmart is carrying the same product, but selling it for much less. One of the owners said he actually buys some of the product at Walmart and resells it in his store for a profit.
Funny thing though. Both business owners said they don't fault Walmart at all for outmaneuvering them. It's just business.
Another said he thinks Target has better products. Target is coming to Hawaii to compete with Walmart.
-
I was talking to a couple of small business owners and they brought up Walmart and how Walmart is hurting their business. Walmart is carrying the same product, but selling it for much less. One of the owners said he actually buys some of the product at Walmart and resells it in his store for a profit.
Funny thing though. Both business owners said they don't fault Walmart at all for outmaneuvering them. It's just business.
Another said he thinks Target has better products. Target is coming to Hawaii to compete with Walmart.
Maybe monopoly in the traditional sense is incorrect.
Take a town of 20,000 people. There are privately grocers, drugs stores, clothing etc. Walmart comes in a sets up one of its, distribution centers. With-in a year all these places go out of business and Walmart controls it all. Shoppers still have a choice, IF they want to go to another town that might have products they are looking for, but why do that when they can get it cheaper at Walmart? In a sense walmart has a monopoly in that town and the ability to have monopolies in many towns as they doing just that.
Your friend may not fault Walmart because "biz is biz", but that doesn't change what's happening and it doesn't change the money he/she is losing.
-
Maybe monopoly in the traditional sense is incorrect.
Take a town of 20,000 people. There are privately grocers, drugs stores, clothing etc. Walmart comes in a sets up one of its, distribution centers. With-in a year all these places go out of business and Walmart controls it all. Shoppers still have a choice, IF they want to go to another town that might have products they are looking for, but why do that when they can get it cheaper at Walmart? In a sense walmart has a monopoly in that town and the ability to have monopolies in many towns as they doing just that.
Your friend may not fault Walmart because "biz is biz", but that doesn't change what's happening and it doesn't change the money he/she is losing.
What you've described is a good thing. In your scenario, Walmart likely provides more jobs and more products at cheaper prices for consumers. Overall, that's good for the community. That's why so many people shop there (including me).
-
What you've described is a good thing. In your scenario, Walmart likely provides more jobs and more products at cheaper prices for consumers. Overall, that's good for the community. That's why so many people shop there (including me).
Jobs at Walmart isn't something that's going to fuel the economy.
It does provide good things but also kills small business and creates a type of monopoly in the area.
-
Jobs at Walmart isn't something that's going to fuel the economy.
It does provide good things but also kills small business and creates a type of monopoly in the area.
Depends on how many jobs are created by Walmart and lost by small business. And cheaper prices for consumers is a pretty important factor.