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Pros And Cons Of Retail Stores

Decent Essays

In the mid-19th century, retail stores started to establish themselves within the diverse American economy. Some of these retail stores gained massive popularity, which led to chains of establishments with names that almost anyone can recognize; for example, Target, Walmart, Best Buy, Barns & Noble, etc. The name, “big-box” was given to these kinds of stores. With regards to the nationwide expansion of these stores, a valuable question to ask is: are big-box stores good for North America? Evaluating the pros and cons of how they compete, I think that the existence of big-box stores is beneficial; therefore, to keep the reasons simple, I will focus primarily on Walmart (which is the largest big-box store). Beginning with the cons, Walmart has been known for having low pay and unpredictable work schedules for their employees. Employees have held numerous protests regarding these issues about labor policy. The workers are being paid too little to afford to live at their accustomed lifestyle (low-class, middle-class, or high-class as discussed about in lecture). Additionally, the unpredictable work schedules often require employees to constantly work overtime, start early in the morning, or create difficulties with life outside of work (such as making an appointment). Alongside those issues, the most known problem about Walmart is that local businesses tend to close when a Walmart gets built in an urban area. Local businesses simply can’t compete with Walmart in the marketplace

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