This is my opinion on the debate hosted by Business Week, entitled: Stop the Bullying, Wal-Mart
The only people who can stop WMT are the people who made it successful in the first place: the shoppers.
If shoppers decide to give up low prices in favour of higher prices offered by WMT’s competitors then WMT will be out of business.
The question now is: what sane people would pay $ 500 extra for a similary priced item in another store (such as those flat panel TV screens)?
Answer: not many.
Humans all over would rather pay less than pay more. That’s in our nature. WMT picked up on this human trait and became huge.
Unless the shopper’s mind changes, WMT will still be up there shutting down all competitors which in marketing means more marketshare and less competition hence more power to do business as the company pleases.
