for the consumers. People then decide that they can just get everything they need at Walmart, making it a one-stop shop. Walmart is starting to become a monopoly. They also have pull production, which is good for them. They make the rules, telling people how much they will buy products for. They also tell them how much they will be selling them for. Thus making it bad for the retailers. They are starting to take control of the supply and trade. Telling big buyers and sellers that they should open in China so that walmart can make a better profit. Everything is cheaper in China that's why they buy most of their products there. 80% of supplies from Walmart actually comes from China. Walmart is good for America's economy and consumers, but it is not good for all businesses and companies.
for the consumers. People then decide that they can just get everything they need at Walmart, making it a one-stop shop. Walmart is starting to become a monopoly. They also have pull production, which is good for them. They make the rules, telling people how much they will buy products for. They also tell them how much they will be selling them for. Thus making it bad for the retailers. They are starting to take control of the supply and trade. Telling big buyers and sellers that they should open in China so that walmart can make a better profit. Everything is cheaper in China that's why they buy most of their products there. 80% of supplies from Walmart actually comes from China. Walmart is good for America's economy and consumers, but it is not good for all businesses and companies.