Quote:
Originally Posted by PBarkley
I dunno...I'm not a professional economist or anything, but lowering costs while keeping prices the same means more margin. Sounds like any normal business to me. I'm not calling it greed, but I don't see a major company lowering prices out of the goodness of their hearts just because they saved a bunch of money each year by not having to pay wages. ***EDIT*** My thinking on this is because typically I've only seen a business drop prices in order to beat competition. So yeah, I can see how cutting employees to save wage expenses would give them room to lower prices, but again, I don't see them doing it for no reason at all.***
But again, that's just me.
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As someone that dealt with Lowes & Home Depot Buying Offices, they squeeze suppliers to lower their costs. Many to the point where the company can not afford to do business with Lowes & HD and then they lose tons of volume. OR the quality of the products gets lowered to the point of Junk.
All the while Lowes & HD make HUGE Profits