Shop at Wal-mart? Check your bank statements

Dback Jon · April 5th, 2004, 08:23 AM

Wally World double or tripled charged almost a million accounts on March 31st......They claim to have re-imbursed, but if you shop at the China Slave Labor Outlet Store, better check your balance.

CardFan67 · April 5th, 2004, 08:28 AM

Quote:

Originally Posted by Dback Jon

...if you shop at the China Slave Labor Outlet Store, better check your balance.

I can't knock them, they sell my companies product at a ten fold rate of any of our other retailers that compete with them, naturally it is at less profit than the others but more than 50% and in comparison at 10 times the product, I'll take it... Last I checked all my employees and myself do not work as China Slave Labor - at least not that I am aware of...

Dback Jon · April 5th, 2004, 08:33 AM

Quote:

Originally Posted by CardFan67

I can't knock them, they sell my companies product at a ten fold rate of any of our other retailers that compete with them, naturally it is at less profit than the others but more than 50% and in comparison at 10 times the product, I'll take it... Last I checked all my employees and myself do not work as China Slave Labor - at least not that I am aware of...

You are one of the lucky ones - they are still selling your American-made products - a distinct minority at Wally World!

CardFan67 · April 5th, 2004, 08:40 AM

Quote:

Originally Posted by Dback Jon

You are one of the lucky ones - they are still selling your American-made products - a distinct minority at Wally World!

I do not know the numbers (percentage rates)... but I do know that when I go in to see the puchase agent at the regional office there are a lot of sales reps from local companies in the waiting room... I know that those individuals are employed here in the U.S. and I also have spoken with them and most of them make a pretty good wage...

When my corporate office gave me our Western Region copy of the contract I was mortified. We were going to be selling to them at about half the profit of any other retailer, they are very demanding and they tell you what they will pay, there was no negotiation and if you had a problem with it, they just would not sell your product. I was very hesitant, but after sales figures came in, they proved that less profit at a ten fold quantity would be much more profitable for both of our companies...

This is not to say that I don't think they pay employees poorly, but they also pay vendors a portion of what the vendors would charge another retailer...