90Xjay
New member
You know the article I posted to bump the topic back up, was about yet another company who has committed to supply Wally with cheap products, below their cost to make the product.
IMO, any company who signes a contract with Wally at a very close profit margin and thinks that large quantity orders will make up for it is STUPID.
Ask Vlassic, Levi Jeans, and Rubbermaid how that played out for them.
Now to compete with the Chi-Coms, Wally puts a knife to their throat to cut manufactuing cost since many have geared up production to meet the Wally orders, their debt obligations prevent them from just quitting selling to Wally, not the mention the legal contracts they sign with them.
American Layoffs because of cheap imports. Wally is the chief American Economic Terrorist, bringing in cheap imports from countries with poor working standards, and forcing American companies, with legal work standards to go out of business.
IMO, any company who signes a contract with Wally at a very close profit margin and thinks that large quantity orders will make up for it is STUPID.
Ask Vlassic, Levi Jeans, and Rubbermaid how that played out for them.
Now to compete with the Chi-Coms, Wally puts a knife to their throat to cut manufactuing cost since many have geared up production to meet the Wally orders, their debt obligations prevent them from just quitting selling to Wally, not the mention the legal contracts they sign with them.
American Layoffs because of cheap imports. Wally is the chief American Economic Terrorist, bringing in cheap imports from countries with poor working standards, and forcing American companies, with legal work standards to go out of business.