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
Is Wal-Mart ruining the local businesses in America? Most professional business men can agree that Wal-Mart affects the United States economy in many different ways. Wal-Mart is an American public corporation that runs a chain of large, discount department stores. It is the world's largest public corporation by revenue according to the 2008 Fortune Global 500. However this corporation has contraverisal issues about how they do their sales and the long term affects they put in the economy. Professionals will agree that Wal-Mart has hurt many community businesses as Wal-Mart open in areas around them. There have been common statistics for when a Wal-Mart
Not only Wal-Mart is saving money for consumers, Wal-Mart creates jobs, improve economic conditions and overall improve the areas in where they operate. Wal-Mart usually open in rural and down trotted areas. A perfect example is Carol Foote. She and her friend Paula Beaulieu started a petition to open a
Wal-Mart is an American multinational retail corporation and one of the leading discount department retail stores (Wikipedia). It is the highest- grossing company in the United States (Fortune 2008a), and is by far one of the most successful companies worldwide. Wal-Mart offers a place to buy the majority of our goods under one roof like electronics, furniture, clothing, pharmacy, sports, food, books etc. Wal-Mart sells good at lower price than the others and this is even shown by its slogan “save money, live better”. It drives out smaller and sometimes even the expensive stores out of business due to its lower prices. Wal-Mart provides jobs for thousands of
Walmart is bad for America, as some say. The Globalization essay that was handed out in class had many good points. It states that Walmart puts many smaller businesses out of service. A recent study by
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?
Walmart is the go-to shopping center for most Americans, but are they fully aware of the negative impact Walmart has caused America? Many people shop where they can find everything at once and is in a decent distance from their home, but most shoppers don’t realize what they are really purchasing or the truth about the stores they buy from. If more Americans knew what they were really getting out of their shopping trips at Walmart they probably wouldn’t come back. Walmart has a privative effect on America more than people realize. The people they hurt in the process of trying to “Save money” and “Live Better” are the backbone of the business, the products they sell might as well be used, and their crime rate escalates more and more, and
Besides all the points that I have stated, Wal-Mart has had to pay fines due to breaking Child Labor laws and Illegal Immigrant laws; fines up to $11.5 million for just those two types of laws. Wal-Mart is not good for this economy, for the people, and the company, in a whole, is criminal. If the people let Wal-Mart stay on the track it is on, the United States will not have anything but Wal-Marts. Wal-Mart will become a monopoly and put everyone, who started with something more than greed,
There are hundreds of small towns in America today, where one would be lucky to even find a delivery pizza place, much less a big box retailer (Morris 37). These towns don't have many residents, and those that do live there usually have to travel far to reach a store that has everything they might need or want. Big box retailers are a solution to this problem. When they set up in a small town, not only do they bring many more choices and much more convenience to the people of that town, but it has been seen that wherever big box retailers go, those towns tend to grow in size. For many small towns struggling with revenues and support from their citizens, big box retailers are a good thing (Mazur 16).
Mirzayev, E. (2015, July 7).Target vs. Walmart: Who's winning the big box war? Retrieved from
Another problem that Wal-Mart faces is one shared by all people. There is a concern for the environmental well-being of the Earth. There is much press about corporations that have violated safe environmental practices. Their “receipt, transportation, handling, identification, recycling, treatment, storage and disposal” of hazardous material has been under scrutiny. Also their greatest associated environmental concern is urban sprawl. They have counteracted these problems by trying to become a greener company. They are working to reduce greenhouse
From the beginning, Walmart did not have many threats. However, not only the competition is different, several global retailers such as Target, Carrefour, Costco, and Amazon, are working hard to keep efficiency. They are trying to work together to shrink the prices difference between them. Walmart has facing difficulties from every single angle. Not only the company has internal labor relation problems, but also it has some external threats from its competitors. The company must work hard to get possible solutions against its competitors, and to solve any internal problems regarding its labor relations. Even though Walmart does not have any problems
Wal-Mart is arguably the most dynamic corporation in the last 50 years in the United States, if not the world. Arising from its beginnings in Bentonville, Arkansas, it has grown to over 4,400 discount stores, super centers and corner markets worldwide. Wal-Mart continues to expand despite public criticism of its labor practices as well as complaints about their treatment of competitors. The many strengths of Wal-Mart, like their low cost production and marketing practices, will aid Wal-Mart as it continues to grow in the retail
When you talk about Wal-Mart the first thing that you have to remember is that they are the largest retailer in the world. Wal-Mart employs more people in the United States than any other company and is second only to the federal government in the number of employees that they have on the payroll. These are important facts to consider in that due to their tremendous size, Wal-Mart has an enormous
With every company there come strengths, weaknesses, opportunities, and threats and Wal-mart is no exception. Wal-mart sits at the number one spot when it comes to retail businesses but they have had many issues; in particular labor law violations because they did not allow their employees to take required lunch and meal breaks.
Pros and Cons: It has proven that the Associates Out in Front as step in the right direction to solve the problem by compensating the employee and improving the loyalty. Besides, Wal-Mart did not establish much linking mechanism among Top managements, regional managers, and store managers. It will reduce the communication level inside the organization.