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<p>[QUOTE="medoraman, post: 1142461, member: 26302"]Well, I just read a good article on how consumer groups comparison shop between different stores. For the first time, two independent groups found Target cheaper than Walmart on separate trips, not even counting the 5% discount you get using a Target card. I am not affiliated with Target, just pointing out that something is going on with Walmart. They are not having success overseas, but their stock pricing has built in substantial profit growth. If they cannot hit those targets, their stock will go down, killing the employees stock options. I think Walmart is intentionally raising prices, and have been, more than their costs to "juice" their profits. They used to be substantially lower than Target, but are now more expensive. I think this is showing us that they are not simply reacting to price increases.</p><p><br /></p><p>Just thought that would add flavor to this discussion, since if I were raising prices in my store I would be looking for something else to blame besides my own greed.</p><p><br /></p><p>There is a reason Dollar Tree and other dollar stores are growing quickly and Walmart stagnating in this country right now. I bet Sam Walton wouldn't be running his business this way, he would have told Wall Street where to stick their valuations, and keep his store more competitive, since that is their reason for growth to begin with.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1142461, member: 26302"]Well, I just read a good article on how consumer groups comparison shop between different stores. For the first time, two independent groups found Target cheaper than Walmart on separate trips, not even counting the 5% discount you get using a Target card. I am not affiliated with Target, just pointing out that something is going on with Walmart. They are not having success overseas, but their stock pricing has built in substantial profit growth. If they cannot hit those targets, their stock will go down, killing the employees stock options. I think Walmart is intentionally raising prices, and have been, more than their costs to "juice" their profits. They used to be substantially lower than Target, but are now more expensive. I think this is showing us that they are not simply reacting to price increases. Just thought that would add flavor to this discussion, since if I were raising prices in my store I would be looking for something else to blame besides my own greed. There is a reason Dollar Tree and other dollar stores are growing quickly and Walmart stagnating in this country right now. I bet Sam Walton wouldn't be running his business this way, he would have told Wall Street where to stick their valuations, and keep his store more competitive, since that is their reason for growth to begin with.[/QUOTE]
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