Thread: Economic Irony.
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Old 04-01-2004, 09:25 AM   #2
Happy Monkey
I think this line's mostly filler.
 
Join Date: Jan 2003
Location: DC
Posts: 13,575
Walmart destroys it's suppliers by requiring them to decrease prices a certain percentage each year no matter what. It's like crack for small companies. They get a huge high the first couple of years from the huge sales, but then they have to strip further and further down until they can no longer afford to supply Walmart. But by that time, they've lost all of their good business practices, and can't make quality products anymore.

But venture capitalists are always ready to help start a new company, so Walmart moves on to the next victim.
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