Comments on: A truth bomb for Walmart supporters Bridges, budgets, bonds Mon, 24 Nov 2014 00:29:08 +0000 hourly 1 By: Truthbomb Mon, 10 Dec 2012 18:47:08 +0000 A truth bomb? Where? Cate, your analysis is flawed on so many levels, but the key problem is your failure to understand that Wal-Mart drives prices down across the market. If Target prices now match those of Wal-Mart, Wal-Mart deserves credit for that. Are you really suggesting that if people can get the same prices somewhere else, that Wal-Mart is not saving anyone anything? How do you not understand a concept as simple as price competition? Or are you ignoring it because it fits your desired narrative? You just bombed at telling the truth. Cate, stick to writing about fixed income.

By: OneOfTheSheep Tue, 04 Dec 2012 17:38:32 +0000 “What was a claimed 25 percent pricing advantage in 2005 is now about zero. I’m sure that the price differentials swing back and forth between the stores, but competition has essentially narrowed pricing differences to nothing.”

Sorry. Wrong. Walmart is an innovator in discounting. They gave “us” $4 prescriptions. Now those are widely available. Why? Match or go out of business. Would we have $4 prescriptions without Walmart’s lead? I don’t think so.

“The Washington Post’s Ezra Klein, usually a numerate guy, ate up the Sunderman claim as he wrote: Wal-Mart’s low prices do primarily benefit low-income consumers.”

Don’t mean to wake you up, but I buy at Walmart regularly, and I get even better savings than those low-income consumers that don’t clip coupons and get competitor price matches. Perhaps he meant that whatever low-income consumers saved by buying at Walmart made limited dollars go further.

Professional journalists have an obligation to say what they mean.

By: pahiker6 Thu, 29 Nov 2012 15:48:21 +0000 I think you’ve done a good job of trashing Furman’s comments. However, you are focusing too much on how much consumers save only at Walmart, and any price advantage they gain by shopping there. You are ignoring the effect Walmart has on pricing industry wide. Because Target has had to lower their prices to compete with Walmart, consumers everywhere save. The $50 billion may be closer to the truth than you will allow.