Wal-mart

The Economic Impact of Wal-Mart Locating in a littler Community?Of all the notions Ive heard about Wal-Mart, none has ever baffled me more than this idea that we are somehow the resistance of meek-town America. Nothing could be further from the truth: Wal-Mart has actually unploughed quite a number of small towns from becoming nonextant by saving literally billions of dollars for the people who live in them, as well as by creating hundreds of thousands of jobs in our stores. I believe millions of people are better off immediately than they would keep up been if Wal-Mart had never existed.? ? Sam Walton, as quoted in clock time Magazine, dated June 15, 1992 (Tyler).

Sam Walton?s statement may have been accurate regarding the scotch impact of Wal-Mart in small-town America up to, and including, the category 1992; however, fourteen years later in the year 2006, statistics and data show that the empire of Wal-Mart is, in fact, the enemy of small-town America. The accumulation to a community of a new Wal-Mart store is the make up in new jobs, increase in the community valuate base, increase in the retail base and the contribution to the economic development of the community; however, these benefits to the community are short lived as the long term consequences of the new Wal-Mart become apparent, ironically as the result of its initial benefits.

Wal-Mart?s humble beginnings originate from small five-and-ten cent stores and have grown into a growing come with with sales of $82 billion in 1995 and sales exceptional $105 billion in 1997. Statistics from November of 1999 show that, in the join States alone, Wal-Mart had 1,803 stores, 682 super-centers and 457 Sam?s Clubs. These 2,942 locations employed more than 815,000 people. Today Wal-Mart stores in the United States exceed 3,500 with 1.2 million employees. Wal-Mart?s...

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