Article shows that Wal-Mart makes neighborhoods poorer where it opens

Quote from Pagan Sunday:

The report concludes that Wal-Mart, the biggest U.S. private employer, kills jobs rather than creates them, drives down wages and is a tax burden because it does not give health and other benefits to many part-time employees, leaving a burden on Medicaid and other public programs.
I don't know of any Mom & Pop retailers that paid health insurance or other benefits for full time or part time employees even before Wal-Mart came to town. Most Mom & Pop stores only paid hourly wages slightly above those offered at Wal-Mart.

Generally retail is a low paid service segment with no benefits. Maybe it is time to simply accept this and stop blaming "Wal-Mart".
 
I don't know of any Mom & Pop retailers that paid health insurance or other benefits for full time or part time employees even before Wal-Mart came to town.
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I worked for a few mom and pops, say less than 15 employees. I think the tax benefits were slowly eased out for the owner. Then I think the tx breaks became minumal for even the owner, if I recall correctly.
 
Quote from hoodooman:

If you happen to live on the eastern shore and outer banks of North Carolina then perhaps you've seen small stores in these communities that sell items but have no prices listed for them.

You have to ask about the prices from the sales person.
The standard reply about the problem goes like this, "We can't keep these items
in stock long enough to put prices on them!!".

This has happened to me several times in hardware stores and once in a
Rack Room Shoes store in Nags Head.

When this happens to me then I'm out of there.

I've never ever seen this happen in a Walmart.


Also they are never open when you need something. Its like all of the sudden they decide to close tuesday. Then of course you go its closed.

or they only open till 4:00 PM

etc..

People got tired of high prices, limited and unreliable service hours and of course the whole shopkeeper attitude of (we are doing you a favor)

Thats Why those walmarts decimated small business in these small towns.
 
Quote from j_medved:

antitrust,

Walmart actually doesn't receive "most subsidies from localities". For example, they are trying to open in DC right now where they have light opposition (nothing like Chicago/New York), and one of the reasons the opposition doesn't have much power is that WM is not asking for any tax breaks or anything else from the local communities.

Cheap imports - true, but that is by no means a WM specific issue. This should be dealt with at the federal level; something neither party has been willing to address in any meaningful manor.

saying 1 store didn't get subsidized and passing it off as typical is fairly poor. It is well documented that subsidy wars were standard operating procedure in the 90's any way
 
Quote from gwb-trading:

I don't know of any Mom & Pop retailers that paid health insurance or other benefits for full time or part time employees even before Wal-Mart came to town. Most Mom & Pop stores only paid hourly wages slightly above those offered at Wal-Mart.

Generally retail is a low paid service segment with no benefits. Maybe it is time to simply accept this and stop blaming "Wal-Mart".

but the owners of those 40 or so mom and pops had health care for their families and could make a living off the store. now they are substituted by 1 store that can only provide a living for 1 or 2 managers. not to mention the money that stays in the local economy which i mentioned in other post.

maybe it is time to simply except your half assed arm chair analyst leaves out many variables and is incomplete
 
Quote from antitrust:

but the owners of those 40 or so mom and pops had health care for their families and could make a living off the store. now they are substituted by 1 store that can only provide a living for 1 or 2 managers. not to mention the money that stays in the local economy which i mentioned in other post.

maybe it is time to simply except your half assed arm chair analyst leaves out many variables and is incomplete


Perfect plan. Drive out all rivals through predatory means and otherwise to obtain market power. Reduce small business activity
hence less money circulating in the local communities. Dictate to suppliers and begin buying a large percentage of mfg. goods from China. Remember their "buy american" bullshit progam a decade or so ago? On the other hand, Wal-Mart has probably peaked and vulnerable to smaller upstart competitors.
 
ChinaMart sucks. Period. They sell low end junk, rip off their employees and take up too much space. People who like them must have to shop there to save $2.
 
What a load of crap. Nothing stops those people from trying to get a better job. and as far as healthcare, it shouldn't be the employer's job to provide it in the first place, AND the employees in question wouldn't have the healthcare coverage if WM was not there to give them the job anyway, so its not bringing anything down. That logic is akin to "cuts" to social programs when their budgets are not increased as much as someone wants.

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Spot on.

How about Wal-mart employess many unskilled labor. How about wal-mart provide jobs in the area. How about Tax's they generate.

I'm about competition. Wal-mart is not putting mom and pops outa business....GOV IS via taxation burden. THE US GOV is the one who destroy's private sector jobs with the red tape, taxation period.

You Can't blame Wal-mart.


chinaMart sucks. Period. They sell low end junk: Yes they do, so go shop at Sax 5th ave, or Nordstroms, or Target. Nobody forces you to shop a Wal-mart. GO SHOP ELSEWHERE.
 
Quote from BSAM:

Walmart is the best thing to ever happen for the USA consumers.

IF Wal Mart is ever allowed to open a retail customer bank, that will be a great day for consumers as I believe that Wal Mart will hopefully put some of our "too big to fail banks" out of business by taking the lion's share of their customers and their PROFITS!
 
Quote from da-net:

IF Wal Mart is ever allowed to open a retail customer bank, that will be a great day for consumers as I believe that Wal Mart will hopefully put some of our "too big to fail banks" out of business by taking the lion's share of their customers and their PROFITS!

Good point. What ever happened to that project?
 
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