huntingreen2day: You are correct that we all had the same opportunity that Sam Walton had. Now that Walmart has the market share it does that would no longer be true.
Talk to anyone that has done business with Walmart on the other side of the counter. They are a terrible company to deal with as a vendor or supplier. They do not pay for their stuff for 90 days minimum. They will come in and tell smaller vendors that here is all we will pay for your product regardless of what the cost are. Their purchasing agents will just pull numbers out of thin air. These agents get paid more based on how much cheaper they can buy stuff.
My son used to work for this company that packaged chemicals. Like brake fluid and other generic chemicals that autos use. The owner was a Polish Jew that had survived the Germans in WWII. He used to say that Walmart made the Germans look easy. LOL Any way the purchasing agent tried to strong arm him into a much lower contract for the products they bottle for Walart. He rebid the contract at a price he could live with. The agent would not sign it. He kept badgering the old fellow to sign Walmart's con tract offer. This went on for months. Finally the old contract ran out. The old owner lined all of Walmart's trailers out on the street off his property. Just like he told the purchasing agent he would. The local police loved it they ticketed every one of them. We are talking about fifty trailers. The very next day the regional purchasing agent for Walmart was there and wanted to sign the old fellows contract. The old guy refused saying his offer ran out when the old contract did. He told them to go get stuffed. It took Walmart a few months to find some fool to supply them.
The company that supplied them had a record year after they dropped Walmart.
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