Tuesday, April 13, 2010

Walmart

Being the average, poor college student that I am often I look for the best places to get cheap clothes and groceries. When you are a strapped for cash as I am in my Junior year of college and becoming more and more independent from my parents its a no brainer to shop at the cheapest grocery store. Walmart. Walmart is known for it large size and variety of things that you can get there. It is a one-stop shop where you can get all your groceries, appliances, clothes, shoes and the whole works at an incredibly cheap price. I am really helping out my budget but I also just learned that with my devotion to Walmart I am destroying other grocery stores. Walmart has becoming one of the biggest monopolies in America, it's greatness has expanded across the nation and only continues to get bigger and more powerful. What Walmart is doing is buying its supplies in huge bulk allowing them to sell their products at cheaper prices than other grocery stores would be able to sell them. These other grocery stores are then losing business and are not able to compete with the low prices. Buy trying to compete they may be losing more money because if they lower the prices of their products the may have to buy more in bulk costing them more. It is a lose lose situation for these smaller businesses. If you look, you can see that once popular stores you may have shopped at are one by one closing down. In my area of town I saw two grocery stores that I grew up going to go out of business.

I feel bad for these small businesses because people are losing jobs and small business' are being shut down! I am in a predicament because I can only afford the cheapest things at this point and Walmart is the cheapest. I feel like I don't have a choice right now and that makes me sad for all the businesses being rundown by Walmart.

No comments:

Post a Comment