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To: Lane3 who wrote (177695)8/29/2006 11:23:09 AM
From: LindyBill  Respond to of 793888
 
A Wal-Mart large enough for a grocery might have enough reductions in cost both in employees and volume buying from the lowest cost sellers to sell for significantly less, but 25% reduction on products that have a typical profit margin of 3% seems a stretch, intuitively.

They can really knock down the "rice crispy" type of item. For instance, I buy Nabisco Chocolate Chunk cookies at Wal Mart for $2.77. They are $3.95 at Safeway. Safeway is $3.50 a gallon for milk. Wal Mart is $3.00. If you get into non-food grocery, the difference is astounding.



To: Lane3 who wrote (177695)8/29/2006 12:24:55 PM
From: bela_ghoulashi  Read Replies (1) | Respond to of 793888
 
An avuncular aside here:

You're losing this argument, you're losing it badly, and you're making it from a position of nearly complete absence of credible real world experience relative to everyone else here who has responded to you. And you're not absorbing this disparity or how utterly mistaken it makes you appear to those who clearly know more about it first hand than you. In fact, you are coming across as someone who has worked for most of their life in management for the federal government.

Maybe you should choose a different battle.



To: Lane3 who wrote (177695)8/29/2006 2:23:19 PM
From: ig  Read Replies (1) | Respond to of 793888
 
25% reduction on products that have a typical profit margin of 3% seems a stretch, intuitively.

You're basing that 25% on the $10k number that was pulled out of thin air.

How much do you suppose the "average working family" makes in a year?



To: Lane3 who wrote (177695)8/29/2006 5:13:45 PM
From: Bill  Respond to of 793888
 
I bought a phone at Walmart for six bucks. Tools are a lot cheaper there too.