Sunday, April 02, 2006

I don't like Wal Mart

Super Wal Mart that is....As a small indepdendent business person, I see no reason for a store to be this big, or to offer so many different goods or departments under one rooftop. If the idea is to be the cheapest purveyor of goods, all types of goods, from soup to shirts, then I guess they win the battle. I like the idea of fair competition, but these guys take competition to the next level by ordering their vendors over to Bentonville, and whipping them into shape by dictating the costs and the quantities Walton and company is willing to pay. Granted, such vendors don't have to give in or take the business, but they usually do. Suffice to say that this is a degree of capitalism that I don't think the likes of Adam Smith (father of capitalism) envisioned. I am not for intervention or any type of handcuffing of the Wal Mart folks of any type. I understand and realize what Super Wal Mart has become--which is, a totally legal and well within their rights entity that is supported by millions and millions of people. I personally will just not ever buy any Wal Mart stock, will not shop there, and will choose to develop retail relationships that do not involve any of their (store) brands. That's all.