Modern Vespa

http://www.nytimes.com/2012/11/09/business/popular-wrench-fights-a-chinese-rival.html?hp



Send a message.

No doubt... that is BS.

Sears has been notorious for this tactic for many years. They get a supplier completely dependent on their business, in some cases forcing the supplier to expand plant size and production capabilities, then Sears dictates new low prices. I first heard about this practice when I was at Harvard Business School in 1960. Not nice people at all!

Wal-Mart does similar methods although they are a Little more Romney like. They find out the what they total out put compability is from a supplier (usually food product) and then tell them they need twice that. They offer the supplier a loan for expansion and then put the items in hold in the Wal-Mart warehouse. When the product expires Wal-Mart has the right to return it to the manufacture which causes a major loss to the manufacture and they fall behind on the loan. Then Wal-Mart can offer another Sam's item in their store cheaper.

Walmart has brutal buisness models.

One of their tactics is to be in competition with its self.

They(WM)will build a store within 10 minutes of another one, of course after the first one in the area ruined the local merchant base, and then go into direct competition against the other WM store.

I can't remember the numbers on new WM stores and ones shuting down, but they are stagering.


So in essense, after a WM store builds a new one and the local base is crushed, they'll think nothing of shuting down a failing outlet and leaving a huge dead building in the middle of huge dead local merchant area.

Not to go too far with this but...

It always gets to me when a Walmart cashier has to buy a pen with their own money so that a customer can write a check to walmart!

Guess who is buying the company manufacturing the knock-off tool?

Bain Capital.


...And this thread is done, I believe.

LOL.

There are some good facts in this site regarding WM and their buisness model.

I started paying attention to this after a superstore was slated for an area where I grew up in Va Beach.

http://theeconomiccollapseblog.com/archives/is-wal-mart-destroying-america-20-facts-about-wal-mart-that-will-absolutely-shock-you

Where can I buy a Bionic Wench?

Sears....
Walmart...

Amazon, McFeely's etc etc.

I tried. They called the police.

"Wench"

Oh now I get it, a little slow here.

I got one of the original American wRenches for a Christmas gift, pretty cool, but I haven;t used it yet. (req'd emoticon to clarify my feelings)

On a related note, why I stopped buying ViseGrips after they were aquired by RubberMaid . Fuckers...

Yep.... Same here...

On a similar note...I went to NAPA auto parts today and they have discontinued their American made line of tools in favor of some tools imported from China.

They were discounting hand tools by 70% to get rid of the American ones. I'm not sure if ALL of the NAPA stores are discounting, but if they are they'll be gone soon. If you're in the market, check it out.

Of course there needs to be more Police intervention.