In 2007, independent research from Global Insight shows that the reduction in
the price level due to the presence of Wal-Mart translates directly into savings
for consumers amounting to $287 billion in 2006. This corresponds to savings of
$957 per person and $2,500 per household, regardless of where consumers
choose to shop. That is, even consumers who shop at Target, Best Buy or
Office Depot save money from the presence of Wal-Mart, due to the competitive
pressure of Wal-Mart's "Everyday Low Prices."
the price level due to the presence of Wal-Mart translates directly into savings
for consumers amounting to $287 billion in 2006. This corresponds to savings of
$957 per person and $2,500 per household, regardless of where consumers
choose to shop. That is, even consumers who shop at Target, Best Buy or
Office Depot save money from the presence of Wal-Mart, due to the competitive
pressure of Wal-Mart's "Everyday Low Prices."
![Reblog this post [with Zemanta]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_s8J190DQpsuZpUV0Hphj93GbyydWfBfguGcM82vs5WEVxcSJ41VLsoRPaPVbh4Cd6XKLpm6VrLCbOk_C5RUOSnDUJxnLpoC4O67dZCi-dcbWNKhVdz4VWEcKlHBBR4cuc6tmA5qpym95GEN2vLsXub=s0-d)
0 comments
Post a Comment