Walmart Is Bad For The Economy Essay

Walmart Is Bad For The Economy Essay-38
While the Supreme Court recently ruled against class certification of 1.5 million women in the Dukes v.Walmart case due to a lack of proof that Walmart operated under a “general policy of discrimination”, overwhelming evidence demonstrates that gender discrimination is a persistent problem rooted in the culture of Walmart, despite gend...

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Some may argue this is a free competitive economy, and that companies that are able to strategically outmaneuver another through competitive pricing should survive, and those that cannot should dissolve.

However, Wal-Mart has become too strong and threatens the pay rates and benefits of employees of other organizations...

[tags: Walmart Case Study] - Pricing Strategy Wal-Mart’s primary competition in US includes department stores of the likes of Target and Kmart.

Costco offers competition to Sam Club format of Wal-Mart.

Walmart is also a pipeline for redistributing wealth to poorer countries, providing factory jobs for those living in poverty around the world."Now, since 1990 when Walmart became the largest retailer in America, the global rate of poverty has been cut by two-thirds," Tierney said.

The reason people don't like Walmart boils down to snobbery, its size making it a target for lawyers and its tendency to challenge special interests, he said.Similarly to an individual experiencing a midlife crisis, Wal-Mart, in its fourth decade of existence, has hit that transitional period.After excellent growth, the company has become stagnant and shows signs of wear.In niche small markets, dollar stores are offering strong competition to Wal-Mart.Kroger competes with Neighbor market and supercenters of Wal-Mart especially on the grocery product line."I still haven't heard a plausible candidate," he said.By selling its products at low prices, Walmart saves a typical American family approximately ,500 a year, Tierney said.Walmart is the country's largest private-sector employer.Which has made it a target of both praise and criticism.Wal-Mart supports unethical offshore outsourcing corporations. These three factors enhance Wal-Mart's ability to offer better prices than their competitors, thus putting their competition out of business.Consumers need to unite and urge others not to shop at Wal-Mart until its Board of Directors commits to paying their employees better wages with benefits, being an ethical employer, and being more cognizant of their customers' values.


Comments Walmart Is Bad For The Economy Essay

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