Chile is the poster child for Latin America. They have gone with a democracy since 1990, and they have free and open markets. They have one of the fastest growing economies in the world. |
Competition is a consumer's best friend. It offers better prices, better variety and better quality. There are also more employers competing for the services of workers, and it makes it better for workers in terms of wages and benefits. |
I think that's what we thought would happen. The competing stores are also very friendly and have a lot of service. They're trying to retain their customers. |
I think we're going to continue to build on that cluster. |
I'm pro-consumer. Vermillion is under served compared to other communities. We have about 34 percent of the offerings that a typical city in South Dakota has. |
I've noticed there seems to be fewer people in the parking lots (of competing stores). |
It shouldn't be too far off. I think the spec is pretty solid but you never can tell. It depends on the comments. |
It was sort of a modest wave. I think it was pretty cut and dried. |
It?s kind of funny: I?m a trawler, and I?m probably viewed as an arch-enemy to most people. But I?m supposed to represent the entire industry. |
It?s like trying to survey elk by only looking at the edges of where they like to live. We?re stuck. We?re making decisions based on suspect information. |
It'll employ about 275 jobs. My estimate is that Wal-Mart will displace about 100 jobs that are currently here, so we'll have about 175 jobs net. |
It's a possibility that weather played a role. |
That's even for people who don't shop at Wal-Mart. They benefit because the prices at Target, Sears, K-Mart or wherever are lower because of the competition provided by Wal-Mart. |
That's pretty amazing for a single company to have that much impact on the overall economy. |
There is no evidence that they are below marked wages. Wal-Mart even provides health benefits for full-time workers and for part-time workers, which is unusual in the retail trade. |