No, Walmart doesn?t create jobs - Page 3 - GoFuckYourself.com

baddog · 08-13-2013, 07:09 PM

100

s

brassmonkey · 08-13-2013, 07:15 PM

more like slaves

did you know that if you help someone on break you can get fired?

also the rules are fucking tight as shit

epitome · 08-13-2013, 07:24 PM

Quote:

Originally Posted by baddog

I presume you have examples of that happening in real life.

Will it happening at the supplier level be good enough?

WalMart insisted on selling one gallon jars of Vlastic for $2.97. This left a penny profit per jar for Vlastic. When they asked for a break, WalMart threatened to yank all of their business, which contributed to 30% of their revenue.

Finally, when Vlastic had no other choice but to file bankruptcy, WalMart's response was:

"Well, we've done to pickles what we did to orange juice. We've killed it. We can back off."

Interesting article that you probably won't read because it does not support your views:

http://www.fastcompany.com/47593/wal-mart-you-dont-know

MagicWand · 08-13-2013, 07:25 PM

Quote:

Originally Posted by epitome

Will it happening at the supplier level be good enough?

WalMart insisted on selling one gallon jars of Vlastic for $2.97. This left a penny profit per jar for Vlastic. When they asked for a break, WalMart threatened to yank all of their business, which contributed to 30% of their revenue.

Finally, when Vlastic had no other choice but to file bankruptcy, WalMart's response was:

"Well, we've done to pickles what we did to orange juice. We've killed it. We can back off."

Interesting article that you probably won't read because it does not support your views:

http://www.fastcompany.com/47593/wal-mart-you-dont-know

SpaceDoc · 08-13-2013, 07:30 PM

Walmart sounds like lazy dude!

RyuLion · 08-13-2013, 07:42 PM

Quote:

Originally Posted by OldJeff

Looks like the spread of the zombie apocolypse

Dvae · 08-13-2013, 07:43 PM

Quote:

Originally Posted by epitome

Will it happening at the supplier level be good enough?

WalMart insisted on selling one gallon jars of Vlastic for $2.97. This left a penny profit per jar for Vlastic. When they asked for a break, WalMart threatened to yank all of their business, which contributed to 30% of their revenue.

Finally, when Vlastic had no other choice but to file bankruptcy, WalMart's response was:

"Well, we've done to pickles what we did to orange juice. We've killed it. We can back off."

Interesting article that you probably won't read because it does not support your views:

http://www.fastcompany.com/47593/wal-mart-you-dont-know

Conveniently you left out the most important part.

Finally, Wal-Mart let Vlasic up for air. "The Wal-Mart guy's response was classic," Young recalls. "He said, 'Well, we've done to pickles what we did to orange juice. We've killed it. We can back off.' " Vlasic got to take it down to just over half a gallon of pickles, for $2.79. Not long after that, in January 2001, Vlasic filed for bankruptcy--although the gallon jar of pickles, everyone agrees, wasn't a critical factor.

baddog · 08-13-2013, 07:46 PM

Quote:

Originally Posted by epitome

Will it happening at the supplier level be good enough?

WalMart insisted on selling one gallon jars of Vlastic for $2.97. This left a penny profit per jar for Vlastic. When they asked for a break, WalMart threatened to yank all of their business, which contributed to 30% of their revenue.

Finally, when Vlastic had no other choice but to file bankruptcy, WalMart's response was:

"Well, we've done to pickles what we did to orange juice. We've killed it. We can back off."

Interesting article that you probably won't read because it does not support your views:

http://www.fastcompany.com/47593/wal-mart-you-dont-know

To be honest, if I wasn't going to read it it would be probably because it was longer than I felt like reading and if Vlasic did not want to do business with Wal-Mart, they did not have to.

Besides, what you are saying is the exact opposite of what that KillerK said was happening (jacking up of the prices).

I did find the part about Levi's interesting because it is a product I support. Unfortunately, they are on their way out so partnering with Wal-Mart makes sense. Look what it did for Harley-Davidson when they sold to AMF.

SBJ · 08-13-2013, 08:10 PM

Quote:

Originally Posted by epitome

Will it happening at the supplier level be good enough?

WalMart insisted on selling one gallon jars of Vlastic for $2.97. This left a penny profit per jar for Vlastic. When they asked for a break, WalMart threatened to yank all of their business, which contributed to 30% of their revenue.

Finally, when Vlastic had no other choice but to file bankruptcy, WalMart's response was:

"Well, we've done to pickles what we did to orange juice. We've killed it. We can back off."

Interesting article that you probably won't read because it does not support your views:

http://www.fastcompany.com/47593/wal-mart-you-dont-know

Oh I had no idea! OMG I'll never shop there again!! So you are saying that wal mart is going to put my bud light out of biz cause they sell a case of beer $6 cheaper than my local liquor store? Or how about a bottle of patron.. It costs $55 at my local liquor store, $45 at Martins and $41 at wal mart.. Oh no soon patron will go out of biz cause of wal mart!!

Ya I'll keep shopping at wal mart and save $10-15 a week on my groceries while you can spend your extra money at mom and pop places. I can still sleep at night just fine

KillerK · 08-13-2013, 09:03 PM

Quote:

Originally Posted by baddog

To be honest, if I wasn't going to read it it would be probably because it was longer than I felt like reading and if Vlasic did not want to do business with Wal-Mart, they did not have to.

Besides, what you are saying is the exact opposite of what that KillerK said was happening (jacking up of the prices).

I did find the part about Levi's interesting because it is a product I support. Unfortunately, they are on their way out so partnering with Wal-Mart makes sense. Look what it did for Harley-Davidson when they sold to AMF.

That isn't what I said.

baddog · 08-13-2013, 09:46 PM

Quote:

Originally Posted by KillerK

That isn't what I said.

hmmm . . .

Quote:

Originally Posted by KillerK

The problem...

They come in and offer lower prices, then slow increase the prices after they've defeated the competition (which there isn't any because a roll of Bounty papertowels at warlmart will be like .99c where the mom and pop its $2). Then later the .99c deal becomes $1.79.

.99 to $1.79 sounds like a jack

wehateporn · 08-14-2013, 03:44 AM

WinCo: worker-owned grocery chain that pays benefits, pensions, living wages -- and has lower prices than WalMart

http://boingboing.net/2013/08/12/win...rocery-ch.html

"WinCo is a midwestern chain of worker-owned stores that consistently underprice WalMart, while still paying a living wage to their staff and decent prices to their suppliers. Their secret appears to be a smaller selection of goods, sourced directly from factories -- but surely the fact that they're not extracting billions in profits for a family of rapacious plutocrats also helps keep prices low.

Burt Flickinger III, a reputable grocery store analyst, called them "Walmart's worst nightmare." They provide health benefits to all employees who work 24 hours per week or more, as well as pensions. They are expanding into Texas, and Time's Brad Tuttle predicts that they'll double in size every five to seven years.

Prices are kept low through a variety of strategies, the main one being that it often cuts out distributors and other middle men and buys many goods directly from farms and factories. WinCo also trims costs by not accepting credit cards and by asking customers to bag their own groceries. Similarly to warehouse membership stores like Sam?s Club and Costco, and also to successful discount grocers with small stores like Trader Joe?s and Aldi, WinCo stores are organized and minimalist, without many frills, and without the tremendous variety of merchandise that?s become standard at most supermarkets. ?Everything is neat and clean, but basic,? Hauptman told Supermarket News. ?Though the stores are very large, with a lot of categories, they lack depth or breadth of variety.?

While all of these factors help WinCo compete with Walmart on price, what really might scare the world?s largest retailer is how WinCo treats its employees. In sharp contrast to Walmart, which regularly comes under fire for practices like understaffing stores to keep costs down and hiring tons of temporary workers as a means to avoid paying full-time worker benefits, WinCo has a reputation for doing right by employees. It provides health benefits to all staffers who work at least 24 hours per week. The company also has a pension, with employees getting an amount equal to 20% of their annual salary put in a plan that?s paid for by WinCo; a company spokesperson told the Idaho Statesman that more than 400 nonexecutive workers (cashiers, produce clerks, and such) currently have pensions worth over $1 million apiece."

wehateporn · 08-14-2013, 03:46 AM

Meet the Low-Key, Low-Cost Grocery Chain Being Called ?Walmart?s Worst Nightmare?

http://business.time.com/2013/08/07/...rst-nightmare/

"Retail analysts say the world?s biggest retailer has reason to fear a small grocery chain that?s based in Idaho and boasts a business model that allows it to undercut Walmart on prices.

So about that eye-catching Walmart quote. Those are the words of Burt Flickinger III, a widely respected supermarket-retailing-industry expert who works for the Strategic Resource Group. Flickinger was quoted in a recent Idaho Statesman story about WinCo, a chain of roughly 100 supermarkets in the western U.S., based in Boise, Idaho.

?WinCo arguably may be the best retailer in the western U.S.,? Flickinger says while touring a WinCo store. ?WinCo is really unstoppable at this point,? he goes on. ?They?re Walmart?s worst nightmare.?

Flickinger isn?t the only industry insider discussing WinCo and Walmart in the same breath. ?While many supermarkets strive to keep within a few percentage points of Walmart stores? prices, WinCo Foods often undersells the massive discount chain,? the industry publication Supermarket News explained last spring.

How does WinCo manage to undercut Walmart on prices? And why should the world?s largest retailer have any reason to fear a small regional grocery chain that most Americans have never heard of?

First off, the reason you probably haven?t heard of WinCo is partly that at this point its stores are limited to a handful of states in the West. But WinCo is a little-known player also because the company is a privately held enterprise that seems to take its privacy seriously, preferring a low-key, low-profile approach ? which is extremely rare in a world of retailers boisterously begging for shoppers? attention.

Simply put, WinCo ?communicates low prices by delivering low prices,? Jon Hauptman, a partner at Willard Bishop, a retail-consulting firm, told Supermarket News. ?WinCo doesn?t do much to communicate price and value. It convinces shoppers of value based on the shopping experience, rather than relying on smoke and mirrors to convince them.?

As for how WinCo can deliver such low prices, the Statesman story details the company?s history and business model. It all began, interestingly enough, when two Idaho businessmen opened a warehouse-type discount store with a name that could have been pulled from a movie slyly spoofing Walmart. Waremart, it was called. The company became employee-owned in 1985, and changed its name to WinCo (short for Winning Company) in 1999.

Prices are kept low through a variety of strategies, the main one being that it often cuts out distributors and other middlemen and buys many goods directly from farms and factories. WinCo also trims costs by not accepting credit cards and by asking customers to bag their own groceries. Similar to warehouse membership stores like Sam?s Club and Costco, and also to successful discount grocers with small stores like Trader Joe?s and Aldi, WinCo stores are organized and minimalist, without many frills, and without the tremendous variety of merchandise that?s become standard at most supermarkets. ?Everything is neat and clean, but basic,? Hauptman told Supermarket News. ?Though the stores are very large, with a lot of categories, they lack depth or breadth of variety.?

While all these factors help WinCo compete with Walmart on price, what really might scare the world?s largest retailer is how WinCo treats its employees. In sharp contrast to Walmart, which regularly comes under fire for practices like understaffing stores to keep costs down and hiring tons of temporary workers as a means to avoid paying full-time workers benefits, WinCo has a reputation for doing right by employees. It provides health benefits to all staffers who work at least 24 hours per week. The company also has a pension, with employees getting an amount equal to 20% of their annual salary put in a plan that?s paid for by WinCo; a company spokesperson told the Idaho Statesman that more than 400 nonexecutive workers (cashiers, produce clerks and such) currently have pensions worth over $1 million apiece.

Generally speaking, shoppers tolerate Walmart?s empty shelves and subpar customer service because the prices are so good. The fact that another retailer ? even a small regional one ? is able to compete and sometimes beat Walmart on prices, while also operating well-organized stores staffed by workers who enjoy their jobs, like their employer and genuinely want the company to be successful? Well, that?s got to alarm the world?s biggest retailer, if not keep executives up at night.

While WinCo does keep its business quiet, we do know one thing: the company is in the process of expanding to new states, with two locations opening in north Texas next year, for example. Flickinger anticipates rapid growth in the near future, with WinCo doubling in size every five to seven years going forward.

http://business.time.com/2013/08/07/...rst-nightmare/

sperbonzo · 08-14-2013, 06:46 AM

Quote:

Originally Posted by _Richard_

big box stores doesn't close down anyone? i just want to clarify this point

That is correct. The stores don't shut other businesses down.... They are not allowed to go in and shut down a store. (Only government can do that).

The customers that stop shopping at the other businesses and instead shop at the big box stores cause them to shut down.

.

KillerK · 08-14-2013, 07:35 AM

Quote:

Originally Posted by sperbonzo

That is correct. The stores don't shut other businesses down.... They are not allowed to go in and shut down a store. (Only government can do that).

The customers that stop shopping at the other businesses and instead shop at the big box stores cause them to shut down.

.

Cause and Effect!

_Richard_ · 08-14-2013, 07:41 AM

Quote:

Originally Posted by sperbonzo

That is correct. The stores don't shut other businesses down.... They are not allowed to go in and shut down a store. (Only government can do that).

The customers that stop shopping at the other businesses and instead shop at the big box stores cause them to shut down.

.

so it does happen.

big box stores can operate at a loss for much longer than small local business. on that basis alone, you're trying to compare apples and oranges, while contradicting yourself.

sperbonzo · 08-14-2013, 08:08 AM

Quote:

Originally Posted by _Richard_

so it does happen.

big box stores can operate at a loss for much longer than small local business. on that basis alone, you're trying to compare apples and oranges, while contradicting yourself.

1. The big box stores don't operate at a loss.

2. It happens, but the customers vote for which store they prefer by shopping there. The store doesn't "put other stores out of business", the customers do.

Before supermarkets, it would take half of the day to do your shopping. You had to go to a butcher shop, and wait in line. Then you had to go to a grocer, and tell the clerk what you wanted from behind the counter, and wait for him to fill your order for dry goods. Then you had to go to several vegtable markets to get your fresh veg, and if it wasn't in season locally, then you couldn't get it. Then you had to go to the baker, etc, etc, etc....

When supermarkets came along in the 1930s, people screamed that they were putting the other stores out of business. In N.J, they even passed a law that said that supermarkets, which bought in bulk, were not allowed to make their prices lower than the grocers and butchers. (The people screamed that they didn't want to be forced to pay more, and the law was shortly repealed).

Would you rather that the supermarket had also never come along, and we were forced to go to 6 or 7 places for our daily food shopping?

I bet that there are a lot of poor and working class families out there that might not be too happy if you came along and told them that they were no longer allowed to save money by shopping at big box stores, and instead they had to go back to spending more at the others, as well as having to spend all the time and gas going to several of them to get all of their goods.

The fact is that if you wish to charge less for your products, then no one has the right to tell you otherwise, and if you want to do business with someone that charges you less for products, then how is that someone elses business either?

I really don't understand the statists need to control other peoples actions. Let people interact voluntarily and peacefully. The only way a transaction occurs is when both parties perceive a gain in value.

For example let's say that your work generates $200 of value for you in one day, and you decide you want a tablet. If you buy an ipad for that $200, it's because you find the ipad worth more to you than the effort involved in making the $200. If Apple decides to sell it to you, it's because the $200 is worth more to them than the effort to make the ipad. BOTH PARTIES BENEFIT.

Can you explain why statist feel the need to control others so much? Is it that you like to be controlled also?

.

.

.

beemk · 08-14-2013, 08:22 AM

Quote:

Originally Posted by wehateporn

More like saves them millions. You think a walmart employee is going to say "Oh shit, walmart isnt hiring. I guess I'm going to have to go get a high paying skilled labor job that I'm totally capable of doing. I don't mind working hard. If I do this I won't have to ask for food stamps either"

KillerK · 08-14-2013, 08:44 AM

Quote:

Originally Posted by sperbonzo

1. The big box stores don't operate at a loss.

2. It happens, but the customers vote for which store they prefer by shopping there. The store doesn't "put other stores out of business", the customers do.

Before supermarkets, it would take half of the day to do your shopping. You had to go to a butcher shop, and wait in line. Then you had to go to a grocer, and tell the clerk what you wanted from behind the counter, and wait for him to fill your order for dry goods. Then you had to go to several vegtable markets to get your fresh veg, and if it wasn't in season locally, then you couldn't get it. Then you had to go to the baker, etc, etc, etc....

When supermarkets came along in the 1930s, people screamed that they were putting the other stores out of business. In N.J, they even passed a law that said that supermarkets, which bought in bulk, were not allowed to make their prices lower than the grocers and butchers. (The people screamed that they didn't want to be forced to pay more, and the law was shortly repealed).

Would you rather that the supermarket had also never come along, and we were forced to go to 6 or 7 places for our daily food shopping?

I bet that there are a lot of poor and working class families out there that might not be too happy if you came along and told them that they were no longer allowed to save money by shopping at big box stores, and instead they had to go back to spending more at the others, as well as having to spend all the time and gas going to several of them to get all of their goods.

The fact is that if you wish to charge less for your products, then no one has the right to tell you otherwise, and if you want to do business with someone that charges you less for products, then how is that someone elses business either?

I really don't understand the statists need to control other peoples actions. Let people interact voluntarily and peacefully. The only way a transaction occurs is when both parties perceive a gain in value.

For example let's say that your work generates $200 of value for you in one day, and you decide you want a tablet. If you buy an ipad for that $200, it's because you find the ipad worth more to you than the effort involved in making the $200. If Apple decides to sell it to you, it's because the $200 is worth more to them than the effort to make the ipad. BOTH PARTIES BENEFIT.

Can you explain why statist feel the need to control others so much? Is it that you like to be controlled also?

.

.

.

http://www.momandpopnyc.com/campaign...2010.26.00.pdf

sperbonzo · 08-14-2013, 08:50 AM

Quote:

Originally Posted by KillerK

http://www.momandpopnyc.com/campaign...2010.26.00.pdf

Yup, just like New Jersey in the 1930s, as I quoted above. "Illegally" selling products below cost?

What is "legal" or "illegal" about what someone chooses to charge someone else for their product?

This completely smells of regulations driven by lobbyists from a group of local businesses that want to keep out competition and charge their customers more by making low prices "illegal". If I choose to sell you a BMW for $1, is that "illegal"?

Government politicians will do ALL SORTS of things to pay back their local political donors.

.

arock10 · 08-14-2013, 09:04 AM

Dumping products to hurt competition is illegal. China loves to do it but we are pussies

Also I lolled at this for some reason
"Burt Flickinger III, a reputable grocery store analyst"

woj · 08-14-2013, 09:06 AM

selling stuff below cost is actually a common strategy: http://en.wikipedia.org/wiki/Loss_leader

you get to buy $4 milk for $2, and how is that even a problem? If someone opened up a store and started selling $500 iphones for $200, there would be a line out the door a mile long and everyone would be thrilled... (except the competitors, but how is that anyone's problem?)

Vendzilla · 08-14-2013, 09:10 AM

Watch these, I love these guys
Part 1

Part2

Part3

Part4

Vendzilla · 08-14-2013, 09:14 AM

Here's one of my favorites from Penn and Teller

Barry-xlovecam · 08-14-2013, 09:36 AM

Mass market retailing like Walmart, Target, Kmart, et al. is a very commoditized industry -- there is only price loyalty as opposed to brand loyalty. They may spend fortunes on branding efforts but in most cases on commoditized items price or location is the deciding factor.

I'll give you an example: I found a Walmart store brand V8 type juice I like that was $1.26 -- the name brand V8 juice in the same size (1/2 Gallon can) is $3.00 +- So, I went to Wallyworld and bought 5 cans of that juice and bought a few other items they had -- but I didn't do my bulk grocery shopping there -- I do that at Kroger. Why Kroger? Their overall prices seem the lowest around here.

Moral of the story is I would dump any of them in a heartbeat. If any mass market merchandiser could offer me the same quality at a better overall value, convenient location and business hours -- I'll shop there.

That is the Achilles heel of market commoditization and relying on overall consumer pricing.

WinCo is a noble example of how to break this cycle -- I wish them well and would be happy to try them out.

People shop at tube sites for their time-honoured Fap for the same reason in a twisted way. The tubes sell the porn product at the ultimate commoditized price -- free!

Maybe, porn paysites are like speciality retailing, there is some "customer loyalty."

But the analogy is the same in the price loyalty issue or the Vlasic foods dilemma with Walmart and the tubes and their user uploads -- the squeeze is on the supplier in the downward price spiral -- the mass outlet (retailer) makes there money on the volume or on other items sold.

One of the easiest quick fixes to price competition is lowering labor costs or staffing requirements.
Walmart could decide to charge $0.50 for parking, would you pay it?

08-13-2013, 07:15 PM	#102
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,237	more like slaves did you know that if you help someone on break you can get fired? also the rules are fucking tight as shit __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

08-13-2013, 07:30 PM	#105
SpaceDoc MY SIG MAKES YOU MONEY Industry Role: Join Date: May 2011 Location: IN MY SIGNATURE Posts: 411	Walmart sounds like lazy dude! __________________ Everything you need for your next creative project. Over 9 million digital products created by a global community of designers, developers, photographers, illustrators & producers.

08-14-2013, 03:44 AM	#112
wehateporn Promoting Debate on GFY Industry Role: Join Date: Apr 2007 Posts: 27,173	WinCo: worker-owned grocery chain that pays benefits, pensions, living wages -- and has lower prices than WalMart http://boingboing.net/2013/08/12/win...rocery-ch.html "WinCo is a midwestern chain of worker-owned stores that consistently underprice WalMart, while still paying a living wage to their staff and decent prices to their suppliers. Their secret appears to be a smaller selection of goods, sourced directly from factories -- but surely the fact that they're not extracting billions in profits for a family of rapacious plutocrats also helps keep prices low. Burt Flickinger III, a reputable grocery store analyst, called them "Walmart's worst nightmare." They provide health benefits to all employees who work 24 hours per week or more, as well as pensions. They are expanding into Texas, and Time's Brad Tuttle predicts that they'll double in size every five to seven years. Prices are kept low through a variety of strategies, the main one being that it often cuts out distributors and other middle men and buys many goods directly from farms and factories. WinCo also trims costs by not accepting credit cards and by asking customers to bag their own groceries. Similarly to warehouse membership stores like Sam?s Club and Costco, and also to successful discount grocers with small stores like Trader Joe?s and Aldi, WinCo stores are organized and minimalist, without many frills, and without the tremendous variety of merchandise that?s become standard at most supermarkets. ?Everything is neat and clean, but basic,? Hauptman told Supermarket News. ?Though the stores are very large, with a lot of categories, they lack depth or breadth of variety.? While all of these factors help WinCo compete with Walmart on price, what really might scare the world?s largest retailer is how WinCo treats its employees. In sharp contrast to Walmart, which regularly comes under fire for practices like understaffing stores to keep costs down and hiring tons of temporary workers as a means to avoid paying full-time worker benefits, WinCo has a reputation for doing right by employees. It provides health benefits to all staffers who work at least 24 hours per week. The company also has a pension, with employees getting an amount equal to 20% of their annual salary put in a plan that?s paid for by WinCo; a company spokesperson told the Idaho Statesman that more than 400 nonexecutive workers (cashiers, produce clerks, and such) currently have pensions worth over $1 million apiece." __________________ Sexy Girls Teasing

08-14-2013, 03:46 AM	#113
wehateporn Promoting Debate on GFY Industry Role: Join Date: Apr 2007 Posts: 27,173	Meet the Low-Key, Low-Cost Grocery Chain Being Called ?Walmart?s Worst Nightmare? http://business.time.com/2013/08/07/...rst-nightmare/ "Retail analysts say the world?s biggest retailer has reason to fear a small grocery chain that?s based in Idaho and boasts a business model that allows it to undercut Walmart on prices. So about that eye-catching Walmart quote. Those are the words of Burt Flickinger III, a widely respected supermarket-retailing-industry expert who works for the Strategic Resource Group. Flickinger was quoted in a recent Idaho Statesman story about WinCo, a chain of roughly 100 supermarkets in the western U.S., based in Boise, Idaho. ?WinCo arguably may be the best retailer in the western U.S.,? Flickinger says while touring a WinCo store. ?WinCo is really unstoppable at this point,? he goes on. ?They?re Walmart?s worst nightmare.? Flickinger isn?t the only industry insider discussing WinCo and Walmart in the same breath. ?While many supermarkets strive to keep within a few percentage points of Walmart stores? prices, WinCo Foods often undersells the massive discount chain,? the industry publication Supermarket News explained last spring. How does WinCo manage to undercut Walmart on prices? And why should the world?s largest retailer have any reason to fear a small regional grocery chain that most Americans have never heard of? First off, the reason you probably haven?t heard of WinCo is partly that at this point its stores are limited to a handful of states in the West. But WinCo is a little-known player also because the company is a privately held enterprise that seems to take its privacy seriously, preferring a low-key, low-profile approach ? which is extremely rare in a world of retailers boisterously begging for shoppers? attention. Simply put, WinCo ?communicates low prices by delivering low prices,? Jon Hauptman, a partner at Willard Bishop, a retail-consulting firm, told Supermarket News. ?WinCo doesn?t do much to communicate price and value. It convinces shoppers of value based on the shopping experience, rather than relying on smoke and mirrors to convince them.? As for how WinCo can deliver such low prices, the Statesman story details the company?s history and business model. It all began, interestingly enough, when two Idaho businessmen opened a warehouse-type discount store with a name that could have been pulled from a movie slyly spoofing Walmart. Waremart, it was called. The company became employee-owned in 1985, and changed its name to WinCo (short for Winning Company) in 1999. Prices are kept low through a variety of strategies, the main one being that it often cuts out distributors and other middlemen and buys many goods directly from farms and factories. WinCo also trims costs by not accepting credit cards and by asking customers to bag their own groceries. Similar to warehouse membership stores like Sam?s Club and Costco, and also to successful discount grocers with small stores like Trader Joe?s and Aldi, WinCo stores are organized and minimalist, without many frills, and without the tremendous variety of merchandise that?s become standard at most supermarkets. ?Everything is neat and clean, but basic,? Hauptman told Supermarket News. ?Though the stores are very large, with a lot of categories, they lack depth or breadth of variety.? While all these factors help WinCo compete with Walmart on price, what really might scare the world?s largest retailer is how WinCo treats its employees. In sharp contrast to Walmart, which regularly comes under fire for practices like understaffing stores to keep costs down and hiring tons of temporary workers as a means to avoid paying full-time workers benefits, WinCo has a reputation for doing right by employees. It provides health benefits to all staffers who work at least 24 hours per week. The company also has a pension, with employees getting an amount equal to 20% of their annual salary put in a plan that?s paid for by WinCo; a company spokesperson told the Idaho Statesman that more than 400 nonexecutive workers (cashiers, produce clerks and such) currently have pensions worth over $1 million apiece. Generally speaking, shoppers tolerate Walmart?s empty shelves and subpar customer service because the prices are so good. The fact that another retailer ? even a small regional one ? is able to compete and sometimes beat Walmart on prices, while also operating well-organized stores staffed by workers who enjoy their jobs, like their employer and genuinely want the company to be successful? Well, that?s got to alarm the world?s biggest retailer, if not keep executives up at night. While WinCo does keep its business quiet, we do know one thing: the company is in the process of expanding to new states, with two locations opening in north Texas next year, for example. Flickinger anticipates rapid growth in the near future, with WinCo doubling in size every five to seven years going forward. http://business.time.com/2013/08/07/...rst-nightmare/ __________________ Sexy Girls Teasing

08-14-2013, 09:04 AM	#121
arock10 Confirmed User Join Date: Jan 2006 Posts: 6,218	Dumping products to hurt competition is illegal. China loves to do it but we are pussies Also I lolled at this for some reason "Burt Flickinger III, a reputable grocery store analyst" __________________ Sup

08-13-2013, 07:09 PM	#101
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	100 s

08-14-2013, 09:06 AM	#122
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	selling stuff below cost is actually a common strategy: http://en.wikipedia.org/wiki/Loss_leader you get to buy $4 milk for $2, and how is that even a problem? If someone opened up a store and started selling $500 iphones for $200, there would be a line out the door a mile long and everyone would be thrilled... (except the competitors, but how is that anyone's problem?) __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

08-14-2013, 09:10 AM	#123
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,200	Watch these, I love these guys Part 1 Part2 Part3 Part4 __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

08-14-2013, 09:14 AM	#124
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,200	Here's one of my favorites from Penn and Teller __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

08-14-2013, 09:36 AM	#125
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	Mass market retailing like Walmart, Target, Kmart, et al. is a very commoditized industry -- there is only price loyalty as opposed to brand loyalty. They may spend fortunes on branding efforts but in most cases on commoditized items price or location is the deciding factor. I'll give you an example: I found a Walmart store brand V8 type juice I like that was $1.26 -- the name brand V8 juice in the same size (1/2 Gallon can) is $3.00 +- So, I went to Wallyworld and bought 5 cans of that juice and bought a few other items they had -- but I didn't do my bulk grocery shopping there -- I do that at Kroger. Why Kroger? Their overall prices seem the lowest around here. Moral of the story is I would dump any of them in a heartbeat. If any mass market merchandiser could offer me the same quality at a better overall value, convenient location and business hours -- I'll shop there. That is the Achilles heel of market commoditization and relying on overall consumer pricing. WinCo is a noble example of how to break this cycle -- I wish them well and would be happy to try them out. People shop at tube sites for their time-honoured Fap for the same reason in a twisted way. The tubes sell the porn product at the ultimate commoditized price -- free! Maybe, porn paysites are like speciality retailing, there is some "customer loyalty." But the analogy is the same in the price loyalty issue or the Vlasic foods dilemma with Walmart and the tubes and their user uploads -- the squeeze is on the supplier in the downward price spiral -- the mass outlet (retailer) makes there money on the volume or on other items sold. One of the easiest quick fixes to price competition is lowering labor costs or staffing requirements. Walmart could decide to charge $0.50 for parking, would you pay it?