Wal-Mart could hike pay and keep prices low: study
By Emily KaiserReuters
Thursday, June 15, 2006; 3:09 PM
CHICAGO (Reuters) - Wal-Mart Stores Inc. (WMT.N) could significantly increase employee wages and benefits without raising prices, and still earn a healthy -- albeit smaller -- profit, research released on Thursday concluded.... (Full story here)
So it looks like they might be able to pay more. Another study found that Wal-mart saves families $2000/year with low prices. If they were to lower their profit margin a bit, to match companies like Costco, then they could double that for their employees ($2000 in low prices + $2000 in increased wages).
Chances are that nothing will come of this. *shrugs* It just allows Wal-mart haters to have more ammunition.
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