Effects of Small Town Walmart

We all want to do what is best for our families, our friends, ourselves and our country. However, our nation’s number one corporation is under constant ridicule for being a negative part of the American way. Wal-Mart is the overall number one on the fortune 500, over taking Exxon Mobile after a one year slip to the number 2 spot. However Wal-Mart is constantly being ridiculed by media and everyday citizens, its employees included. These opinions are often brought forth because of four major issues; the pay and benefits packages of Wal-Mart employees, the quality and buying of their goods from China, big box corporation killing local businesses ,and Wal-Mart taking jobs away and not creating

Wal-Mart was founded by Sam Walton, who would pick his competitors’ innovations and sell it in his stores. It all began in 1945, when Walton bought a variety store in Newport, Arkansas. Walton would buy his goods sold in his stores from chains like Sears and A&P, which distributed goods to stores more efficiently, lowered prices to create more sales and profit. In 1970, Walton only had 32 stores open but as time went on Wal-Mart became more successful, and by 1990 there were about 1,528 in 29 states open. In 1992, Walton passed away which brought the downfall of the company among its employees and shareholders. Therefore, Wal-Mart is bad for America because of low wages, illegal overtime, and job destroyer.

Personally I don’t believe Walmart to be that beneficially to American because for one it drives smaller businesses out, and the make their prices so low that it makes it utterly impossible for smaller business to stay afloat. If they were to get a hold of a receipt for a smaller business they would match and if not lower their prices. They also don’t

Does walmart have an impact on the community? Is that impact bad for the community? Does it hurt other businesses in the surrounding areas? The answer to these questions are yes. Although, Walmart is a cheap and efficient way to get items it causes many economical problems.

The Fortune 500 Company provides customers with low priced affordable products and its communities with jobs among other community services. Robert McAdam feels that Walmart offers everyday low prices and increases economic activity for American families across the U.S. Mallaby uses john Kerry’s statement saying Walmart saves consumers at least $50billion a year on food. Then Mallaby also states that Walmart’s $200billion plus consumer assistance can strongly compete with federal aid programs. Also during recent job cuts, Walmart has been one of the only employers to continue to provide jobs to communities instead of cutting them. Along with the job security Walmart provides it also does a great deal in local communities by doing things such as, giving out scholarships and many other programs. It has also been considered as an one-stop shop making shopping more convenient for consumers by accommodating them with car shops, medical clinic, Restaurants, and even some having built in banks. I agree that Walmart benefits its consumers a lot with the low prices on their quality products and all of the different services it provides under the roof of one building, but there is much to say about the corporation itself and how it handles it

While Walmart may be a successful multinational corporation, it is also corrupt in more ways than one. Although this corporation has a great deal of positives, it is not the ideal supermarket by any means. Misleading low prices, discrimination to employees, and discrimination to women will eventually be a downfall for the entire Walmart corporation. When facts are presented people may see why Walmart may not be worth the trouble. Walmart has come to be one of the most well-known and visited shopping centers internationally as well as nationally, and it all started as an idea from Sam Walton.

On the positive front, Wal-Mart has over the years been applauded for a number of strategies responsible for the competitive edge the corporation enjoys over its competitors. The history of the

Walmart is a gigantic retailer with hundreds of stores throughout America. It purpose is to sell general goods at an extremely low price. This idea has made them loved by consumers and hated by other competing businesses for many reasons. The good about Walmart is that they can sell high quality products for extremely low which is good for the shoppers. Also since Walmart is such a big business, they are able to expand very easily and build one practically anywhere they feel necessary. Even though low prices at a retailer doesn’t sound bad, it can be for some other types of people. Walmart is a blessing and a curse for America. A blessing because of how easy it is too have access to its business and low prices, but a curse for struggling business

However, it is more likely they are having a negative impact on the neighborhood. Due to their business practices to get the cheapest goods available, and to get several different variations of an item. Many local small stores do not have that ability, so they are not able to compete with the prices that Wal-Mart offers. Even though many customers may still choose and shop with the smaller store. Unfortunately if the store only loses about 20% of their customers (Vedder and Jacobs), it may be enough to cause the store to close down. When that happens the people that worked for the store may have no other option, but to work for Wal-Mart. Now that they are working for Wal-Mart, so they will not make enough to shop at any other rival store since their prices maybe too high. They may also be on government assisted food programs, and in order to maximize what they get they will have to shop at Wal-Mart as well. So now that they have eliminated the competition; they will be receiving revenue from the new customers that had no choice, but to shop there. They are also making money off their only employees since their employees cannot offered to shop anywhere else due to their low wages that they receive. Wal-Mart has created a toxic situation were their employees have no choice, but to be reliant on

Wal-Mart, for the most part, has high quality products. They have a variety of products from your name-brand foods and goods all the way to your Great Value products. However, not everyone feels very positive about the quality of Wal-Mart’s products. For example, in Barbaro’s article, he also writes about how lower prices suggest lower quality. Compared to other supermarkets and stores around, Wal-Mart feels like the old and outdated store.

Economically, Walmart has significantly impacted my community and many local communities as well. Walmart has a disaster relief and resiliency for those who have been impacted by disaster. In 2016, Walmart and the Walmart Foundation had invested more $1.5 million to strengthen the disaster relief. Additionally, Walmart and the Walmart Foundation co hosted a two a days for those who volunteer for disaster reliefs so they are aware on how to handle the situation when it occurs. This year Walmart donate $500 worth of school supplies to help with the Carrizo Springs school drive. The school drive is for the families in our community that can’t afford school uniforms and supplies. Walmart also gives scholarships for many students that graduate high

People argues that Walmart build unsightly stores, but the truth is that Walmart usually goes into some pretty grubby areas of town. Walmart wants to ensure a better world for generation to come by setting three aspirational goals: be supplied by renewable energy, create zero waste, and sell products that sustain people and the environment. It has more than 335 renewable energy projects in operation across its global portfolio. going on the same thought about sustainability, Walmart reduced plastic bag waste by more than 38% by the end of 2013, which represents a reduction of 10 billion bags annually. Last but not least, Walmart made progresses on its goal to eliminate 20 million metric tons of greenhouse gas emissions from the supply

Direct competition between Walmart and small business to see who the best of both of them is. But in reality, Walmart’s is the largest stock that earn more profit than others in the whole world. Therefore, small business are force to close their own store. Is not easy to lower the price on item in their store because small company doesn’t earn more. Furthermore, again employees need to find a new work place to support their family and themselves.

The Walmart Effect by Charles Fishman is about how the global economy is being transformed by Walmart. Over the past 20 years Walmart has changed the way people do business and what the consumer expects from a store. When Sam Walton opened the first Walmart in 1962 his first priority was the lowest price for the customer. Sam’s values were: hard work, frugality, disincline and loyalty. (27) As the company grown occasionally that mentality has been pushed past the point of reason, and taken to extremes where laws have been broken and workers being over worked and under paid. Walmart is the world’s largest company and private employer. The book defines Walmart as “quintessentially American.” (246) The summation of this is

No doubt major changes in retailing have been taking place over the last many years. Carlena Cochi Ficano (2013) published a study which specifically analyzed the most famous of all mass merchandisers, or Big-Box Retailers, Wal-Mart. Among the items considered was the birth and death rate of small business in the areas surrounding Wal-Mart’s entry. The author used data obtained from the US Census Bureau (2005 and 2010), multiple statistical calculations, graphs and charts, and data from other researchers in the study. It was pointed out that “A recurrent criticism of these retail giants is their negative impact upon smaller, locally owned competitors…” (Ficano, 2013, pg. 263).