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Deto t1_j9ihlp3 wrote

Reply to comment by TypicalCraft7 in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy

I mean, if your suggesting that Walmart could raise prices and make more profit then why aren't they doing that already? Like if the price right now is X, then the only reason it's not X+.50c is that they've determined they would sell less at the higher price point - enough less to not offset the increased profit.

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TypicalCraft7 t1_j9ihtb1 wrote

They can't do that because they have competition who would charge less.

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