Quote:
Originally Posted by woj
Walmart profit Margin (ttm): 3.57% 
and besides, that logic is ridiculous, so walmart provides millions of jobs, and somehow people manage to label them as the bad guy, wtf?
no one is forcing people to take on these jobs, if they don't want to stock shelves for $7/hr maybe they should get some skills so they could get a better paying job? |
I used to think that Wal Mart was pure evil.
We had a local family owned market that was here for like sixty years. The entire community was sad when they closed, and then furious when Wal Mart opened up a "neighborhood grocery" in it's place.
Then reality hit us. The family owned business hired mostly family members, and everyone else who worked there was paid pennies and not given health benefits. The store was rather large - taking a small city block - was sixty years old and in disrepair. The prices were high, and the store served mostly older people who couldn't make the trip to grocery store on the other side of town. Now instead we have a professionally run business that has only been open a few months and has donated well over $100k to local charities, including my kid's sports team - the old store never donated to us even though we asked every year and two of their kids played football for us.
Say what you want about Wal Mart, but we went from a old crappy store with high prices that was usually empty to a new bright and clean store with low prices that has a full parking lot every day - and gives back to our community.