Wal-Mart and the U.S. Economy

Wal-Mart and the U.S. Economy In the past, when someone needed groceries they would make a solecism to the local grocery store. Now, a popular alternative to the grocer is Wal-Mart, the largest retailer in the nation, selling all things from squash to skateboards to shirts. Wal-Marts guide word boasts Always Low Prices, Always Wal-Mart, and its undoubtedly true. all over the course of a year, a family of four could cut their periodical grocery bill by 15% (Arndt), which really adds up over time. Initially, it seems shopping at Wal-Mart is a favorable close for a family, save not for the economy. As Michael Arndt, a subscriber from a variety of publications shows, in the last ten years, xxxi grocery chains went out of business, twenty-seven of them blamed Wal-Mart (Arndt). Since surface-to-air missile Walton first opened Wal-Marts doors in 1962, the business has been unappeasable about saving a small amount here(predicate) and there in order to make baseborn prices ready(prenominal) to customers. This goal will be achieved by any heart necessary such as; paying horrible allowance and providing inadequate conditions for employees. Commonly, the suppliers of Wal-Marts goods face difficulties trying to stay on the same price level as them. Sellers are constrained to take extreme measures to vend their product to Wal-Mart for a low price.

Wal-Mart is harming the economy because they hurt local communities, make employees suffer, and pressure the companies with which they do business. Wal-Mart stores arrive in new communities and offer job opportunities for locals, but they also bring problems. Like the grocery stores mentioned, that have bygone bankrupt because of Wal-Mart superstores, many small businesses rotter not turn the pressure from the giants low prices. Since the small stores cant compete with Wal-Mart, they must lay-off employees, and in most cases go out of business (Lankford). For this reason, Wal-Mart takes jobs away from communities when they claim to be legal transfer jobs. With mom-and-pop stores being... If you want to get a full essay, order it on our website: Orderessay

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