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Chapter 4
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How much did a one gallon jar of Vlasic pickles cost at Wal-Mart at its lowest price?
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$2.97 per gallon
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What was Vlasic eventually forced to do after his gallons of pickles were pulled from Wal- Mart’s shelves in January 2001?
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File for bankruptcy
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Why was FedEx unable to do any interviews about the “carrier of the year” title they had won?
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Wal-Mart ordered them to remain silent on the topic, and they had little choice but to obey.
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What remarkable action did John Mariotti make as president of Huffy bicycles to help keep pace with Wal-Mart’s demands?
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He gave some of his bicycle designs to his competitors for free.
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What happened when Wal-Mart decreased the amount of shelf space for DMC embroidery threads?
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DMC’s sales dropped 30%.
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What reason, apart from basic frugality, makes Wal-Mart able to keep its own costs down?
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Strategic cost shifting to suppliers
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In order to continue minimizing costs, what is any company eventually forced to do?
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Manufacture products overseas, where there are lower labor costs and less regulations.
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Wal-Mart benefits from the impression that _________ is some kind of unmanageable economic weather system out of the control of everyone, affecting all players with indifference.
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Globalization
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