This website uses cookies to ensure you have the best experience. Learn more

Always The Lowest Price At Wal Mart

743 words - 3 pages

Always the Lowest Price at Wal-Mart

Over the past 20 years, the nature of the American retailing market has changed dramatically, going from Mom and Pop's boutiques to mega retail stores like Wal-Mart. Especially in the last decade, Sam Walton's discount stores have proliferated in almost every city across the United States and Canada. But the opinions about the effects of Wal-Mart in small towns divide the rural population in two groups. Through economic, cultural and social arguments, the anti-Wal-Mart activists and the advocates defend their point of view about the expansion of the store in small communities.
The anti-Wal-Mart activists believe that the creation of giant discount stores in the rural regions of the United States will lead to their economic and cultural destruction. With economic impact studies, they show that Wal-Mart's incredible gains are in fact taken from other local merchants, whom finally run out of business. According to Sarah Anderson, an economic analyst with an anti Wal-Mart stance, the establishment of a new store near a small town destroys more jobs in independent businesses than it actually creates in hiring local workers (1994). Moreover, a Wal-Mart funded community impact study in Greenfield, Massachusetts demonstrated that the construction of a new mega store would create 274 jobs. But in long terms, the community projects to lost about the same amount in the locally owned competing businesses (Sarah Anderson, 1994). The anti Wal-Mart activists are also concerned by the return of the profits in its adoptive community. The economic spin-off of the money spent in local business is largely superior than with the discount store. But almost all the profits made in a Wal-Mart are returned to the Arkansas headquarters or are used for extensive national advertising campaigns. The economy of a small town is not the only aspect that a Wal-Mart affects, the rural way of life is also endangered. The tranquil and friendly way of life in small communities is threatened by the urban one-stop shopping culture of the giant. The population in regions does not want a store where the atmosphere is cold and artificial. In essence, the anti-Wal-Mart activists want to stop the store from establishing itself in rural communities because they believe that it would destroy their economic and...

Find Another Essay On Always the Lowest Price at Wal-Mart

An Inside Look at the Wal-Mart Company

1996 words - 8 pages issues with race discrimination, or minority groups who work or applied at Wal-Mart locations. An online article by NBC News mentions a lawsuit against the big company on not hiring people of African American background, and because of the case, Wal-Mart has promised to put more effort into hiring minority groups (“Judge OKs Wal-Mart Race Bias Suit Settlement”). Unfortunately, there are many cases of racial discrimination throughout all

Employee Recruitment and Development at Wal-mart

5054 words - 20 pages relationship can be see as vertical integration due to the level at which Wal-Mart analyzes its suppliers and improves their manufacturing processes, etc.Business StrategyWal-Mart definitely has the business strategy of Low Cost Leadership. They do nothing to really differentiate themselves from competitors and provide no-frills self-service stores that always provide the lowest prices. Wal-Mart has built enough clout with suppliers that they can

The Wal-Mart Effect

1292 words - 5 pages “Our competitors are better because Wal-Mart exists” stated by the chief financial officer of Wal-Mart. Wal-Mart is a retail store, which provides groceries, electronics, household appliances, and high quality items to consumers. The retail chain has made a household name within every house by selling products all over the world at a bargain price. Wal-Mart’s strength and pace of growth contributed to a retail store in every city and state

Wal-Mart is the Enemy

1514 words - 6 pages pennies at the cash register. Their goal is to create a corporate environment in which there are only throw-away workers, throw-away national economies - a disposable, throw-away world.”-Glen Ford. “So the idea is to master the process of production, movement of the goods, warehousing of the goods, making sure that it arrives at the right place at the right time. That's what Wal-Mart is so good at. And they're very good at squeezing the price out of

Wal-Mart: The Real Identity

1305 words - 5 pages customers do not want inflation of price to occur due to the infamous “rollback” scheme. At first glance, Wal-Mart's "rollback" pricing scheme seems appealing however, while the strategy drew in some shoppers with lower prices on select items, it was combined with a rise in prices on many other goods. This is severely aggravating for all customers who embraced Wal-Mart for its "everyday" low prices on all merchandise. This is a prime example

The Retail King Wal-Mart

1170 words - 5 pages morning and all we find is a Wal-Mart on every corner." This is obviously a conflict of different interests, and it is unclear as to whether Wal-Mart is beneficial or harmful to the economy. Wal-Mart grew to its enormous size mainly because of the low prices it offers its consumers, which seems to be an obvious benefit to the economy. New England Consulting estimated that Wal-Mart saved U.S. customers $20 billion in 2002 alone. With the price cuts

Globalization of the Wal-mart

1030 words - 4 pages Wal-mart is the biggest retailer of the world. They made every effort to achieve this success. In this essay I will focus on the Globalization of the Wal-mart and international organizations for trade which helped it grow.The first Wal-mart store was opened in 1962 by Sam Walton. Sam Walton always used only one business policy that is "Sell stuff that people need everyday just a little cheaper than everyone else, sell it at that low price all

“The Global Wal-Mart Effect”

722 words - 3 pages Karen Olsen pulls at our heartstrings using the specific people, places and things that we can possibly relate to in a pathos/ethos type method of description. She pours out examples of infringement, dollar signs, inequality and discrimination. Using names and painting a picture of a subject to explain how [Wal-mart] broke the law using intimidation, denying benefits and firing those that support the union. Sebastian Mallaby rebuttals by using

Wal-Mart, The True Welfare King

805 words - 4 pages workers’ reliance on public assistance due to substandard wages and benefits has become a form of indirect public subsidy to the company. In effect, Wal-Mart is shifting part of its labor costs onto the public. Wal-Mart does keep its prices low, but in the long run, the American taxpayer is still paying for something. For example, Amy Stinnet is a cashier at a Wal-Mart in California and she is a pawn in how Wal-Mart makes its impressive financial

Wal-mart is Changing the Push System

698 words - 3 pages Wal-Mart has been an organization that has been around since 1962. This organization did not start off as nationwide foundation but started in small communities. For the goal of Wal-Mart, these stores want to provide as many products to their consumers as possible at small prices. There are more than 100,000 products currently at Wal-Mart which means they have an abundant supply of items for every consumer. Since these stores are not targeted at

The High Cost of Wal-Mart

2036 words - 9 pages $2.66 billion dollars in government assistance or approximately $420,000 per store. At this same time CEO Mike Dukes earn more money in one hour than one of his associates will earn in a year and Wal-Mart raked in 15 billion dollars worth of annual profit. These substantial earnings that the Wal-Mart elites have been raking in have come with the expense of hard-earned American taxpayer dollars being used to subsidize one of the richest

Similar Essays

The Ethics Of Shopping At Wal Mart

1009 words - 4 pages One has to work hard to consider their values in particular issues and how strongly they feel. This is the choice many people make when they invest in mutual funds, and have no idea where their mutual funds are invested. Many vocal opponents to shopping at Wal-Mart might discover they hold investments in the Wal-Mart. There are 1050 mutual funds that are invested in Wal-Mart, some of the largest mutual funds in the world. There are many people

Wal Mart Documentary: The High Cost Of Low Price

1596 words - 7 pages Ever heard that cliché stating money is the route to all evil? What if the subject of Wal-Mart was brought into the mix of this cliché? Wal-Mart is known as the highest money making supply chain store in America. When at the top of the food chain everything might not seem as it appears. After watching The Wal-Mart Documentary: The High Cost of Low Price, I am strongly against Wal-Mart in America because of several reason but will narrow it down

Wal Mart Future Stock Price Analysis

1142 words - 5 pages ://seekingalpha.com/article/2067463-is-wal-marts-2-percent-dividend-increase-a-warning-to-investors Steinberg, J. (2014, March 6). Wal-Mart Stores, Inc. (WMT) news: Wal-Mart: The Current Price Ignores Growth Opportunities - Seeking Alpha. Retrieved March 6, 2014, from http://seekingalpha.com/article/2070903-wal-mart-the-current-price-ignores-growth-opportunities Utermohlen, K. (2014, January 31). WMT Stock - Walmart Stock Feels Weight of Winter Weather

Gender Discrimination At Wal Mart Essay

1409 words - 6 pages manager’s stand point in rectifying adverse impact within the Wal-Mart organization. Gender Discrimination at Wal-Mart In the case of Dukes vs. Wal-Mart Stores Inc. (Dukes), the court found that there was a lack of significant proof that Wal-Mart had a general policy of discrimination (Schipani, 2013). The plaintiffs needed commonality to establish uniformed disparity within the Wal-Mart organization, and statistical evidence was deemed unworthy