Would walmart be able to offer such low prices if they were a different type organization?

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02-08-2022
Business

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Would walmart be able to offer such low prices if they were a different type organization?

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vipinkumar69547 vipinkumar69547 · Answer 1 · 2022-08-09T22:14:34-04:00

No, Walmart won't be able to offer such low prices if they were a different type organization

Walmart might soon follow in the footsteps of Borders booksellers, Sam Goody's record stores, and other once-dominant retailers whose market share shrank and finally collapsed as online sales got steadily larger if it didn't keep its pricing low enough to compete with e-commerce behemoths like Amazon.

Walmart has kept operating costs down since its inception in the early 1960s by heeding the advice of its late founder and namesake Sam Walton. Even after becoming a multi-millionaire, Walton is infamous for still using an old pickup vehicle for transportation. by using low-cost travel choices for executives and by maintaining a simple in-store design.

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