I disagree that Walmart abuses their market power.
Any supplier is free to bid on a Walmart request. They can walk away if it doesn’t make economic sense to them.
The Vlasic pickle story keeps coming up, but come on, Vlasic is huge, they knew what they were getting into.
If they were stupid enough to agree to lose money on every single jar of pickles, they should re-examine their business strategy.
Google tells me Walmart is 25.5% of all grocery sales. You can have a thriving business with the other 75% if you don’t think you can get a fair deal with Walmart.
Any supplier is free to bid on a Walmart request. They can walk away if it doesn’t make economic sense to them.
The Vlasic pickle story keeps coming up, but come on, Vlasic is huge, they knew what they were getting into.
If they were stupid enough to agree to lose money on every single jar of pickles, they should re-examine their business strategy.
Google tells me Walmart is 25.5% of all grocery sales. You can have a thriving business with the other 75% if you don’t think you can get a fair deal with Walmart.