It has finally happened. The folks in Bentonville can no longer claim the mantra of being the cheapest.
Aldi, Amazon.com, Dollar General, Target, and even your local grocery store are selling many products at prices lower than Wal-Mart.
It appears the cracks have formed for the retail behemoth.
With the majority of their employees already paid the bare minimum; their suppliers tapped out after years of relentless pressure to cut prices; and, the costs of manufacturing rapidly rising in China- their biggest producing market, Wal-Mart is in a tough spot. Where does it squeeze more out its current model?
If you live by the cheap, you might very well die by it as well.