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Every Thing Else Board
Blame walmart
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<blockquote data-quote="CottageFarm" data-source="post: 1395621" data-attributes="member: 16552"><p>I think you are giving walmart entirely too much credit. They simply have taken concepts pioneered by other retailers and implemented them successfully. What they were, and are, good at, is identifying what consumers want and then fulfilling that desire. 30 years ago, Kmart, for example, (the mold from which Walmart was created) was, initially, unwilling to acknowledge the new kid on the block and do what was necessary to compete with them. They tried to ride on their reputation and history, figuring consumers were contend with their brand alone. By the time they figured out they had a problem, it was too little too late. Walmart did not originate the generous returns policy.</p><p></p><p>Walmart did not become the behemoth they are today until they incorporated groceries. Combining general merchandise, hardlines, and food was, again, a concept originated by others. Kmart had dabbled with it 35 years ago. But Walmart fully committed instead of dabbling and did it smarter and better than their competitors.</p><p></p><p>FWIW, I believe Kroger is still the largest grocery chain in the US. Pretty sure they still play a major role in food selections </p><p>and purchases here too. </p><p></p><p>Speaking of snowflakes, it strikes me that those who would blame one company for all the ills of a huge and complex economy and society are the true snowflakes of the group.....</p></blockquote><p></p>
[QUOTE="CottageFarm, post: 1395621, member: 16552"] I think you are giving walmart entirely too much credit. They simply have taken concepts pioneered by other retailers and implemented them successfully. What they were, and are, good at, is identifying what consumers want and then fulfilling that desire. 30 years ago, Kmart, for example, (the mold from which Walmart was created) was, initially, unwilling to acknowledge the new kid on the block and do what was necessary to compete with them. They tried to ride on their reputation and history, figuring consumers were contend with their brand alone. By the time they figured out they had a problem, it was too little too late. Walmart did not originate the generous returns policy. Walmart did not become the behemoth they are today until they incorporated groceries. Combining general merchandise, hardlines, and food was, again, a concept originated by others. Kmart had dabbled with it 35 years ago. But Walmart fully committed instead of dabbling and did it smarter and better than their competitors. FWIW, I believe Kroger is still the largest grocery chain in the US. Pretty sure they still play a major role in food selections and purchases here too. Speaking of snowflakes, it strikes me that those who would blame one company for all the ills of a huge and complex economy and society are the true snowflakes of the group..... [/QUOTE]
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