Quote:
Originally Posted by iggy_oi
There business was declining, which means lost profits. They invested money to improve their service and their business has grown. Are their labour costs up? Yes, but so are their sales. Which model is more sustainable in your opinion? Low labour costs with declining sales or higher labour costs with increased sales?
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Ummm I'm going to go with the one that nets the most profit. I would imagine that the one that has turned WalMart into the gigantic retailer it is today is the best for WalMart. It might change. And that does not mean it is also the best option for other retailers. All these businesses are different. You can't say one paradigm is the vest for every business.