Here at WayneWho HQ, we're not sure we feel so great about having two WalMart stories in one week, but here goes anyway.
It seems that WalMart Stores Inc. recently sent a memo to its outside law firms announcing a "moratorium on across-the-board rate increases." In other words, WalMart told their lawyers that they would not accept any increases in billing rates.
One response posted to the news said "Sending such memos is amusing and I suspect that most firms will just ignore it."
This is an interesting strategy, though...telling those who you buy products or services from in advance that you will not accept a rate increase from them. We wonder what other organizations that dominate their respective markets, whether locally or nationally, might soon use this as a cost-cutting measure.
Subscribe to:
Post Comments (Atom)
3 comments:
Isn't that what voters should already be doing? Voicing our opinions on increased taxes or "rees" to those we elected and telling them to stop or we remove them. Who wants a fountain in kissimmee or a All Akerica city tag?" Just 2. Gemskie and van meter.
Well, Wal-Mart started the Christmas shopping season just after Halloween and since the City of Saint Cloud can't stand to be upstaged, they put up their Christmas Tree in front of Glenn's Castle...I mean City Hall... this past week. Give me a break!!!
NO COMMENTS YET? INTERESTING. WHY NOT?
Post a Comment