WalMart’s profit margin is usually around 2%, which means for every dollar that comes in the front door 98 cents goes out the back. The only reason they make billions in profit is economies of scale, if you get a hundred billion dollars coming in the front door even a 2% profit margin gives you a lot of dollars. But increasing salaries by even a little would eat that profit margin. It’s the basic problem with their business model, it’s a penny pinching model, by always selling for as cheap as possible they don’t give themselves room to maneuver. Target doesn’t try so hard to be cheap, they’ve got room to pay more; costco achieve cheapness through power buying and not having to have all items all the time, they get to pay a lot more but you can’t trust the inventory.
I do believe we had a troll.