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In reply to the discussion: It would only add 25 cents to clothing prices to have safer conditions in Bangladesh [View all]Posteritatis
(18,807 posts)36. The weirdly specific prices they have suggest smaller margins on stuff
You know how most stores will say something costs x.99 or x.49 or x.50 or whatnot, while there's lots of things at Walmarts that are x.02 or x.94 and so on? That they're doing that sort of thing implies that it's worth it for them to work out prices with that kind of absurd specificity, which starts making more sense when you're using colossal economies of scale to have the extra couple of pennies add up.
I wouldn't be surprised if their profit margins on a lot of items weren't terribly huge, considering their prices, but they sell such an overwhelming amount (and screw their staff so much) that they're doing more than okay despite that. The amount of goods Walmart moves is a bigger deal than how much any of them costs.
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It would only add 25 cents to clothing prices to have safer conditions in Bangladesh [View all]
n2doc
May 2013
OP
Clothes shouldn't have to be loaded onto cargo ships to chug across the largest ocean on the planet.
Spitfire of ATJ
May 2013
#6
the latter one is lying about workers, LOL. she means there isn't skilled labour at a cheap enough
bettyellen
May 2013
#16
2$, LOL... try 25 - 40 dollars. I hate Walmart, but if you buy clothes there - their suppliers are
bettyellen
May 2013
#20
the 25 cents is theoretical. It assumes the factory owners would spend it on upgrades and that this
bettyellen
May 2013
#24
the way I understand it, it would have the stores buying it responsible for paying for their
bettyellen
May 2013
#26
I couldn't leave such a silly pipe dream out there unchallenged. Sorry. But we're global
bettyellen
May 2013
#30
I'm a realist, but am curious to know HOW you think we will ever reduce thecompetition from imports?
bettyellen
May 2013
#41
um.... how'd that work out for our shoe industry? Oh wait- we no longer have one!
bettyellen
May 2013
#47
We don't fundamentally disagree about how workers should be treated, but it appears you care about
bettyellen
May 2013
#49
what bullshit. 1) they were decent jobs at one time. 2) factory work is not one step away
HiPointDem
May 2013
#32
no, it's 8 cents without the markups. read the article. you're wrong about everything.
HiPointDem
May 2013
#38
And totally analogous to the case of the Ford Pinto, where Ford Motor Company
bullwinkle428
May 2013
#50