Is Wal-Mart Bad For America? Essay

1155 Words5 Pages
Wal-Mart Wal-Mart, a "Big-Box Retailer" employs more than 2.1 million associates worldwide and has two-thousand seven-hundred stores in the United States with many more in Argentina, Brazil, Canada, Central America, Chile, China, Germany, Japan, Korea, India, Mexico, Puerto Rico, and the United Kingdom, making Wal-Mart the largest retailer in the world. "Wal-Mart accounts for upward of 30 percent of U.S. sales, and plans to more than double its sales within the next five years" (Lynn 29-36). Why is Wal-Mart so successful, and is Wal-Mart actually bad for America? Wal-Mart was conceived and founded by Sam Walton in 1962, at Rogers, Arkansas. Sam Walton started with just a few small variety stores, funded with borrowed money. His goal…show more content…
Tough times call for tough measures. Wal-Mart has started moving from higher priced national branded goods to cheaper alternatives. Wal-Mart has even went to the extent of producing its own in-house brands such as Great Value, Ol' Roy, Sam's Choice, No Boundaries, Equate, EverStart, Mainstays, and many others. Ol' Roy, a hard dog food, has become the United States' most popular brand of dog food since its creation in 1983. Ol' Roy sales are about 20% higher than any other brand of dog food. Great Value food products where launched in 1993 and have become just as good if not better than the national branded food stuffs. Great Value products are typically sold at a much lower price due to not having any marketing expenses. "Combined, the improved product quality and the price advantage over the national brands bode well for current economic times" (Canning 20-26). Is Wal-Mart bad for America? Absolutely not. Wal-Mart has lived up to Sam Walton's promise of affordable goods and services. Every day, shoppers enjoy the low prices of the things they need. In a recent local survey Lisa of Sedalia, MO claims to save at least $1200 a year on prescription medicine from Wal-Mart's pharmacy. Another shopper, found in the automotive corner of the store, stated that he saves approximately $300 dollars a year on engine oil, spark plugs, filters, windshield washer fluid and wiper blades. These are certainly great savings, and many other people

More about Is Wal-Mart Bad For America? Essay

Get Access