Well I'm a manager at a retail store. So I guess you are calling me a moron. But I'll let it drop
We will be having a Wal-mart opening in the next month or so less then a mile from my store. As a manger in retail store I get to see all the data that comes in as far as what a new Wal-mart will do to my store.
They will be highering part time people starting a $12 an hour, with little or no benfits. The store where I work is a union store. My store can only offer 8 an hour, but the difference is all of my employees (including part-time) get full eye, dental, and RX drugs. The full timers get full medical coverage without having to pay into it. The part-timers get some medical coverage. Plus vacation time. The probelm with this is the kids we need to work at the store would rather get paid $12 an hour and have the extra cash then have benfits. So this means walmart corners the job market in my area.
Now to kill our sales they will sell a gallon of milk at dollar less then we will or can. So what does that do? That will get customers into there store instead of ours. Thats all it takes, all they have to do is get them in the door. Why would they go to a grocery store when they can go to this huge store and get everthing they want at a lower price. Those customers will go there because no matter what there prices will always beat ours.
My company as a whole has closed 3 stores in the last year because a Wal-mart was built close to it.
I guess you are not a moron so you don't work in sales. So do me a favor when you work in sales and have seen what a Wal-mart can do to a business. Then you can speak on the subject.