Walmart Merchant of Doom

1704 Words7 Pages
Case 1: Wal-Mart: The Main Street Merchant of Doom Wal-Mart: it‟s a familiar name to most Americans, as well as some citizens of other parts of the world. Since its beginning in 1962, Wal-Mart stores have spread throughout the United States and even operate international stores in nearly a dozen of other countries throughout the world (Carroll and Buchholtz 772-77). Currently, over 7200 Wal-Mart stores operate worldwide (“Wal-Mart 2009 Annual Report” 4-7). Wal-Mart Stores, Inc. has “four major retail divisions— Wal-Mart Supercenters, Discount Stores, Neighborhood Markets, and Sam‟s Clubs warehouses” (Carroll and Buchholtz 772). In Business & Society: Ethics and Stakeholder Management, Carroll and Buchholtz, state Wal-Mart became the…show more content…
Corporate social responsibility is very important in a business. Millions of Wal-Mart shoppers feel Wal-Mart is socially responsible for their actions and provides high value (Carroll and Buchholtz 779). As issues of environmental awareness grew, Sam Walton began to think environmentally and made commitments to “land, air and water” (Carroll and Buchholtz 774). Wal-Mart began to be socially responsible for the environment by making shelf tags from “100 percent recycled paper” in hopes of informing customers about Wal-Mart‟s efforts to be environmentally safe (Carroll and Buchholtz 774). On the other hand, some business and communities dread “the winds of the „Wal-Mart Way‟” (Carroll and Buchholtz 774). Carroll and Buchholtz, quoting Kennedy Smith, state that „“downtowns will never again be the providers of the basic consumer goods and services they once were”‟ (774). One of the biggest complaints of communities is that Wal-Mart “kills” small “mom and pop” downtown merchants because they cannot compete with Wal-Mart‟s low prices (Carroll and Buchholtz 774). These small stores have been around for years, and Wal-Mart just comes and takes over. Carroll and Buchholtz say that some retailers believe the methods that Wal-Mart uses/d to compete with their competitors left “bad tastes” in their mouths (775). Retailers told Atlanta

More about Walmart Merchant of Doom

Open Document