Walmart is probably best known for its low prices; these low prices don’t only influence Walmart creates competition forcing other companies to lower their prices. without competition stores could inflate their prices as much as they desired without worrying about losing customers, as they would know the customers have no other choice but to continue shopping there. Small communities such as Sechelt have less competition and it shows. Pictured below are the same product from two different stores weekly flyer flyers, see examples A &B, neither store is a local family business, both would be considered big box stores, the main difference is that Walmart, being in a city has significantly more completion. In Sechelt, it is a common thought that
