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Feb. 27th, 2003 05:47 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
pearwaldorfTwo articles about Wal-Mart, both from vastly different perspectives, but touch on the same issues, really. It's strange that Fortune would call Wal-Mart its most admired company when it admits in the very same article that Wal-Mart is pricing out huge companies (Proctor and Gamble, Toys R Us) that Fortune covers and the owners probably have tons of money invested in.
What struck me was reallly how both articles talk about Wal-Mart's price cutting strategies, and how they both end up (to me anyways) seeming like a race to the bottom with Wal-Mart holding the strings. Living in a major metropolitan area, I don't fear it happening anytime soon, but I ache for the little towns in America that have no other place to shop, because they've all been priced out of existence.
What struck me was reallly how both articles talk about Wal-Mart's price cutting strategies, and how they both end up (to me anyways) seeming like a race to the bottom with Wal-Mart holding the strings. Living in a major metropolitan area, I don't fear it happening anytime soon, but I ache for the little towns in America that have no other place to shop, because they've all been priced out of existence.
