61–70 of 91 posts
Earlier quoted context omitted.
Does current economic theory include this common malfeasance among successful dominant businesses as efficient?
Probably just foretells the rise of competitors as is the case here.
I've posted before about Walmart and I'll post here again. They routinely would pay us late and underpay invoices on delivered products. Sometimes racking up to $50-$100,000. The worst part for us is it would be an average of one year before they would pay it in full. You'd have to submit a claim and fill out endless paperwork to get paid. It was so hard on us as a company. You also had to pay them a per package fee…
One thing is to squeeze profits out of people, but it's another to say you cannot sell your services to anyone but me, is it not, unless there is some kind of contractual clause committing you to them, but given their size that still might be concerning?
I guess the cold war started. I hope it isn't true. Amazon is not walmarts enemy: they should focus on low prices and growth using new technology. Their ceo said they reached employment peak [1] Truckers and delivery people dont hate each other or have any competitive spirit among each other. Pay me to make a delivery. End of story. The ups and FedEx guy(s) and i all bitch about the same thing: why cant these healthy…
i order almost everything off amazon. i admit that i feel strange about this for many reasons, but laziness doesn't really come into play. time is the most valuable thing i have and stress is a major health issue. by ordering off of amazon i completely sidestep having to deal with traffic, lines, driving, miserable employees, poor service, not finding what i want, terrible products, etc. that's a lot of stress and ti…
My point was that delivery people dont give each other the finger - we could care less. We talk shop amd know each other by name. I really doubt a trucker hauling today to a Amazon site and tomorrow to a walmart site cares.
After years of delivering stuff people can buy we get jaded- and that is what we all complain about. (to ourselves)
One example. Woman gets Fresh. Weekly. As carrier is lugging 4 green totes her adult son watches. The carrier is a 59 year old woman. After the last tote, the carrier says to the woman, "i know now why you order online- your son won't help you with the groceries."
When you are desperate, you are acting irrationally and, definitely, absolutely, not thinking long-term, but counting on potential short-gains to survive, and looks like that's Whalmart is doing. They are doomed, of course, just a matter of how long it will take until they become irrelevant. And it's not like they couldn't study history or didn't have time or money to invest in whatever would have been required to mo…
+1. Not much you can say about Sears that you can't also say about WalMart.
"Amazon offers $0.10 more per mile, leaving Walmart with no truckers" But really, Wal-mart needs to get over themselves and do what they need to do to adapt, rather than being the bully they've always been. It isn't like they refuse technology, they have a pretty decent technology team as far as I can tell.
Except they don't anymore. They laid off ~1,000 employees in the HQ, many of them in their tech department. (Source: http://www.foxbusiness.com/markets/2017/01/20/wal-mart-begin... ) Disclaimer: Some of the workers that got laid off in that department were friends of mine.
And I can say that the number of persons laid off in that even were Disclaimer: My mum was laid off in the event.
I guess the cold war started. I hope it isn't true. Amazon is not walmarts enemy: they should focus on low prices and growth using new technology. Their ceo said they reached employment peak [1] Truckers and delivery people dont hate each other or have any competitive spirit among each other. Pay me to make a delivery. End of story. The ups and FedEx guy(s) and i all bitch about the same thing: why cant these healthy…
I've posted before about Walmart and I'll post here again. They routinely would pay us late and underpay invoices on delivered products. Sometimes racking up to $50-$100,000. The worst part for us is it would be an average of one year before they would pay it in full. You'd have to submit a claim and fill out endless paperwork to get paid. It was so hard on us as a company. You also had to pay them a per package fee…
Does current economic theory include this common malfeasance among successful dominant businesses as efficient?
I guess the cold war started. I hope it isn't true. Amazon is not walmarts enemy: they should focus on low prices and growth using new technology. Their ceo said they reached employment peak [1] Truckers and delivery people dont hate each other or have any competitive spirit among each other. Pay me to make a delivery. End of story. The ups and FedEx guy(s) and i all bitch about the same thing: why cant these healthy…
Earlier quoted context omitted.
Does current economic theory include this common malfeasance among successful dominant businesses as efficient?
I don't think current economic theory even takes these common malfeasances into account. This is against the law, and so no widely accepted theory would even acknowledge this.
I guess the cold war started. I hope it isn't true. Amazon is not walmarts enemy: they should focus on low prices and growth using new technology. Their ceo said they reached employment peak [1] Truckers and delivery people dont hate each other or have any competitive spirit among each other. Pay me to make a delivery. End of story. The ups and FedEx guy(s) and i all bitch about the same thing: why cant these healthy…
In what universe is Amazon not Walmart's enemy?