"Don Tuite" wrote in message
...
On Sat, 19 Aug 2006 12:24:43 -0600, Newps wrote:



Jose wrote:
A lumberyard? Have you ever been to a Wal Mart?


Sorry. I was thinking Home Depot. Other examples would apply though.


No they don't. Wal Mart does not put well run, efficient businesses out
of business.

I've heard that they overbuy from small suppliers, squeeze the margins
out of them with promises of large volumes,thereby limiting those
suppliers to a single customer, bankrupt them and take over the
assets. I don't have any first-hand verification, though. Fifty years
ago, the same stories were told about Sears Roebuck.

There is the potential to do that. The little guy wouldn't be able to
compete because he couldn't get the stock.

Don

Actually it is a story that was told about Sears that evolved into a story
about Wal-Mart. While Wal-Mart may be at times a little slow paying vendors
I can find no case where Wal-Mart has taken over a vendor that they put into
financial problems. For that mater I can't find a case of WM taking over a
vendor.

They did take over a bank only after they realized that 85% of the money in
that bank was Walton family money.

Wal-Mart does have one interesting policy though. If you are vendor you must
have an office in the Northwest area. It doesn't mater if you supply 1 item
or 1000. The population in NWA metro area has just about doubled in the last
10 years.