this post was submitted on 23 Nov 2024
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[–] PugJesus@lemmy.world 57 points 3 weeks ago (1 children)

They don't give a shit that the customers will be paying more. In fact, if anything, they probably love the excuse to jack up prices further - or further cut their workforce to the bone, or whatever the latest fad in padding executive compensation packages is.

[–] bdonvr@thelemmy.club 9 points 3 weeks ago (1 children)

I'm sure they probably do - shit as Walmart is a depression in consumer spending is overall bad for them.

[–] PugJesus@lemmy.world 19 points 3 weeks ago (2 children)

What are the customers going to do? Buy from someone else? Wal-Mart is already often the cheapest option around.

[–] FlyingSquid@lemmy.world 30 points 3 weeks ago

It's already often the only option around. So many small businesses like local supermarkets and hardware stores got closed down in small towns by Walmart moving in and now there's no alternative. I see it all over in central Indiana and Illinois.

[–] bdonvr@thelemmy.club 8 points 3 weeks ago (2 children)

No but they'll buy less overall even from Walmart.

[–] PugJesus@lemmy.world 18 points 3 weeks ago

Buying less, but they'll be spending the same amount of money, barring rises in other expenses not directly related to tariffs (rent, utilities, etc). Their quality of life will simply go down. Wal-Mart doesn't care about that. We could all be medieval peasants for all they care.

[–] leftzero@lemmynsfw.com 3 points 3 weeks ago

Less sales but more expensive, so same income, less costs.
Also less regulations, so they can sell crappier and cheaper alternatives for the same price.
Also, lower taxes on big corporations.
And they'll probably be able to use the private prison system to turn shoplifters into very cheap slave labour, saving on wages.

Seems like a win-win situation for Walmart, though not so much for its customers.