Word on the street is that the Butler, MO Wal-Mart Supercenter is on hold. My sources tell me that there is one lone holdout who will not relinquish land required to build the Super Center.
Butler, Mo is a town of just over 4,000 located in Bates County, MO. The local Wal-mart store is running at full capacity. Busy providing products and services to the local residents, the Butler Wal-Mart is a bustling center of commerce.
While the new Super Center will possibly cause other local merchants to have to be more competitive, Wal-Mart provides many products that small town merchants just can't provide economically.
The addition of a grocery store would certainly prove challenging for local stores like Country Mart, but competition always makes the market stronger, and more competitive. The fear is that a giant like Wally-World would undercut local merchants to drive them out of business later increasing prices to drive up profits.
While Wal-Mart does have huge buying power, they have no reputation for underhanded tactics like that. Closely watched by the FTC,Wal-Mart is well aware of the hazards of price gouging.
Recently Wal-Mart has been under investigation by the federal government for possibly meddling in political affairs. Seems some Wal-Mart managers have been informing employees that a potential Obama Presidency could mean unionization of Wal-Mart employees.
While that may seem innocuous, the reality is that unionization of Wal-Mart employees would ultimately mean much higher prices for the goods we buy from the nations largest retailer.
If you want, higher prices for the things you buy everyday, than consider this. Winchester is no longer in business, word is that Winchester closed up shop because it had union contracts. They could not compete in a world economy while paying union wages. They may be planning to re-open production after the union contracts expire.
Unions have destroyed our auto industry, made a mockery of New York and other cities that require union contracts. Unions are the reason we are falling behind Mexico, China and the rest of the world in production. While they had a purpose and lofty goals in the 30's they are a bloated pig of corruption and greed today.