Originally Posted by Arkie
It's not for everybody, but Walmart will prosper. I'm sure they will gladly pay higher minimum wages because it will help the trend of snuffing out the smaller businesses struggling to compete with Walmart. The largest company in the world is always there to fill in the void whenever grocery stores, hardware stores, nurseries, pharmacies, electronic stores, and others go out of business.
Walmart doesn't put the mom and pop stores out of business, consumers do.
The average consumer wants a good product at a fair price...would you pay $4.99 for a product at mom and pop's store if another store has it for $2.99?