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Is Home Depot shafting shoppers? "Home Depot is a consistent abuser of its customers' time."

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Is Home Depot shafting shoppers? "Home Depot is a consistent abuser of its customers' time." Stephen Blackpool 03-09-2007
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Posted by George on March 10, 2007, 7:16 am


Stephen Blackpool wrote:
> March 8, 2007
> Is Home Depot shafting shoppers?
>
http://articles.moneycentral.msn.com/Investing/Extra/HomeDepotShaftingShoppers.aspx?GT1=9215
>
> By cutting back on employees, the home-improvement retailer is putting
> the screws to the people it needs most: its customers.
>
I am surprised that anyone is surprised. Big box stores are interested
in wiping out all of the small stores. To do that they had to make
themselves look like good guys at first. Once they decimate the small
stores they can cut way back on staff and raise prices.

Posted by HeyBub on March 10, 2007, 8:45 am


George wrote:

> I am surprised that anyone is surprised. Big box stores are interested
> in wiping out all of the small stores. To do that they had to make
> themselves look like good guys at first. Once they decimate the small
> stores they can cut way back on staff and raise prices.

They could, but they don't. If you can point to one single monopoly that HAS
raised prices in a captive market, I'd be surprised (except for professional
sports and government-sanction monopolies like utilities).

In fact, the biggest monopoly ever (Standard Oil) - the poster boy for all
that's evil about large companies - managed to lower the price of Kerosene
from $3.00/gallon to five cents in less than three years! Of course this put
the whale-oil suppliers out of business...



Posted by user on March 10, 2007, 6:06 pm


HeyBub wrote:

>
> They could, but they don't. If you can point to one single monopoly that HAS
> raised prices in a captive market, I'd be surprised (except for professional
> sports and government-sanction monopolies like utilities).
>

Microsoft, and with Vista

Posted by HeyBub on March 10, 2007, 6:38 pm


user wrote:
> HeyBub wrote:
>
>>
>> They could, but they don't. If you can point to one single monopoly
>> that HAS raised prices in a captive market, I'd be surprised (except
>> for professional sports and government-sanction monopolies like
>> utilities).
>
> Microsoft, and with Vista

You're right. Even considering inflation, Vista costs more than Windows 95.
But with the greater productivity of Vista, users make more money and,
hence, can pay more. The additional cost is still a lower percentage of
their disposable income than was Win95.

Even so, Vista is not the same product (like Kerosene or nails).



Posted by AZ Nomad on March 10, 2007, 6:50 pm




>user wrote:
>> HeyBub wrote:
>>
>>>
>>> They could, but they don't. If you can point to one single monopoly
>>> that HAS raised prices in a captive market, I'd be surprised (except
>>> for professional sports and government-sanction monopolies like
>>> utilities).
>>
>> Microsoft, and with Vista

>You're right. Even considering inflation, Vista costs more than Windows 95.
>But with the greater productivity of Vista, users make more money and,
>hence, can pay more. The additional cost is still a lower percentage of
>their disposable income than was Win95.

Vista hasn't greater productivity. Quite the opposite actually as vista
users will spend most of their time staring at the hourglass whereas a
windows 95 user could get some usefull work done with a pentium I.

Unless, of course, you supply Vista with at least 6 ghz of processor, 4GB
of ram, etc.

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