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Why Is Walmart So Important To America?

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If you’ve ever wondered how America is so rich, you should consider Walmart as a factor. Walmart is one of America’s largest retail companies that operates by selling discounted groceries, electronics, clothing, and many other valuable goods. Sam Walton, the founder of Walmart, opened the first store in 1962 in Rogers, Arkansas. Five years after the corporation opened only 24 stores existed, however, there are now 11,700 stores that spreads across 28 countries. Sam’s purpose of Walmart was to change the face of retail, in which he expanded the format by adding merchants such Sam’s Club and Neighborhood Walmart’s. Walmart’s famous slogan “Every Day Low Prices” raised the bar for his competition and brought value to customers and associates in …show more content…

Walmart’s first store opened in Rogers, Arkansas by Sam Walton. Walmart’s famous slogan “ Every day low prices” attracts its consumers and associates. Indeed, Walmart being very beneficial to its consumers some question the bad that Walmart brings to America. Walmart has been criticized for many reasons like overworking employees, low wages, damaging land for animals, and taxpayers subsidizing the company. Many people may wonder if Walmart is so bad then how come Americans desire a job there. Well the answer is obvious, Walmart offers opportunity along with flexible hours and the most accessible alternative. Many employees have ranted about being worked overtime without pay and how Walmart is not enough to get by in life because of low wages. People like Karen Olsson and Sabastian Mallaby not only spilled the truth about Walmart but came up solutions. Olsson gathered statements from numerous of people who gave tips on how to make a change within Walmart like forming unions in which others disagreed and said that the company isn’t a fit for them. Mallaby says that if you prevent the firm from opening new branches then they will prevent people from having to deal with the cons of

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At this time a lot of American reach on the top of wealth through selfishness business deals. The gilded age gets it is name from the many great fortunes created (Mark Twain). Wal-Mart is the powerful and wide range cover retailer stores in America. One of the Wal-Mart benefits were low price with a lot of items in one place. As well as, Wal-Mart has more than 40 million employee all over the nation in it is 3000 stores.

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"Is Wal-Mart Good for America?" gives a provocative examination of the effect Wal-Mart has had on the U.S. economy. The documentary highlights the changing connection amongst makers and the purported "big box" retailers, exemplified by Wal-Mart, that has added to the insolvency of some American organizations and a developing unemployment rate. While Wal-Mart supporters tout the upsides of one-stop, ease shopping, others are frightened at both the outsourcing that has made these low costs conceivable and how extensive retailers influence littler, neighborhood organizations. Cutting edge inspects the champs and the failures as it archives how: Worldwide retailers are superceding makers in settling on choices about item quality, sort and cost.

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Walmart was founded in the summer of 1962 by Kingfisher, Oklahoma native Sam Walton. Although Walton’s original vision for the store was relatively modest, the half century since its founding has seen Walmart morph into one of the biggest companies in the world. Today headed by one Doug McMillon, Walmart boasts more than 5000 stores in the United States of America alone and employs more than 1.5 million people. Walmart is undoubtedly an American institution, yet each Walmart store feels like its own little country. Walmart seems to have its own laws and customs and the people who shop their on a regular basis appear almost primitive in their behavior as they go about raiding the store’s shelves and wrestling with fellow customers for discount flat screen televisions and bulk packages of two-ply toilet paper.

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Some people believe walmart might be the greatest thing that happened to america and other might think that wal-mart is the worst thing that happened to america. I'm going to be explaining some pros and cons about wal mart and dig really deep into the store of walmart itself. First I'm going to start off with a couple pros on why walmart is good for america. One good reason why is because the economy of wal-mart fits in with low income families that can't afford to buy expensive merchandise.

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In fact, Walmart destroys more jobs than it creates for the local people of a community. Walmart drives local competition away, when they first start in a new community they put local merchants out of business due to lack of customers. The price of goods offered by Walmart can never be beaten by local business holders which again steal the customers away. Furthermore, this will cause the lack of income to families which earn their money from owning a local business. Although, Walmart claims that it creates jobs, but most of them are part time jobs.

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Is Wal-Mart Good for America? When people hear the word Wal-Mart, they usually think of low prices, convenience, and possibly a “one stop shop”. Most People believe the store is great, and in some aspects, it is, but what about the other aspects? I want to show you some of the downside of it, and how they hurt our economy, as well as our citizens.

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Walmart “has grown over the last 50 years into the largest retailer in the world” (Walmart). Their stores have become well-known, widely accessible and have also evolved as a one-stop shop. Aside from household items, they also carry sports goods, electronics, and automotive needs. Moreover, one of Costco’s strengths would be high employee satisfaction. According to David Worrell, Costco “replaces

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Wal-Mart and the local economy Walmart is a corporation that wants to make as much money as they can. Walmart employees are treated unfair and make a low salary what will not support family and necessities in life. Walmart also have negative affects upon other small businesses that are located next to the Walmart’s. Most of Walmart’s employees starts at minimum wage to less than nine dollars in hour.

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From working in dime stores to owning his own, growing up during the great depression taught Sam Walton the importance of diligence and hard work that led him to become the founder of America’s largest company. His hard work ethic led him to a life of great success, and left a legacy like no other. Despite moving all throughout the midwest as a child, Sam Walton remained an eager child through all of his activities, allowing him to thrive throughout his educational years. His exceptional attitude allowed him to move employee, to employer, to business mogul in a matter of years (“The Walton Brothers”).

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By focusing on having numerous locations for accessibility and assessing customers’ needs, Wal-Mart has been able to sustain a competitive advantage in the industry. The company leverages its massive size to exert high purchasing power over its suppliers and, therefore, it can obtain significant cost savings and pass them down to consumers with heavily discounted prices. (Britanny Carter) They also offer a large variety of products, including national, local, and private brands, giving extended choices to their customers.

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Also, when a new Walmart comes into a new location it forces smaller businesses to the ground and that is why Walmart will always have major business. Walmart is so known around the world that many people decide to work there to get some benefits out of it. Walmart can cater to people who need to either work or shop there with the good pay and low prices of items. Yes, Walmart does have low price items that everyone is so fond of, but some people do not know that Walmart has been sued a variety of times by people who are fighting to get the overtime pay that they deserve. If people stop coming to Walmart because of these issues, then they could potentially go out of business because Walmart is fully based on society to come and

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The article “Labouring the Walmart Way,” author Deenu Parmar talks about how Walmart is able to achieve selling goods at a lower price then any average superstore. The author goes on to explain that Walmart’s antiunion efforts, employee selection, low prices and high retention rate all contribute to their major success. Walmart’s stance on ant unionism allows them to keep wage cost down and keep all their profits up. Not allowing a union keeps Walmart with the power to keep low wages and force unpaid overtime.

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‘Is Wal-Mart Good for America?’ On PBS Frontline, May 11, 2015 ‘Is Wal-Mart Good for America?’ is a documentary that examines the relationship between Wal-Mart’s rapid growth and its impact on the US economy ever since it blossomed in trade productivity in the mid 20th century. The documentary, published on February 2014 by PBS Frontline, conveys a deep understanding of how Wal-Mart changed the living standards of many Americans and took consumerism and retail logistics in the U.S. to another level; by cutting costs through offshore outsourcing to China and employing cheap Chinese labor. The documentary focuses on the changing relationship between big retailers and manufacturers and the transition in pricing and decision-making.

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They have markdown stores, supercenters, and neighborhood markets, club stores, money n-convey stores, alongside different varieties of the stores. (andrewfanno.wordpress.com) Weaknesses Walmart's shortcoming is their poor open picture. Buyers feel like Walmart as a hoarding power that is gradually closing down nearby organizations. They are viewed as a staggering organization that isn't ecologically benevolent and regularly does not treat their workers with the regard that they merit.

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Wal-Mart was founded in 1962 by Sam Walton. With the opening of the first Wal-Mart discount store in Rogers, Ark. The company integrated as Wal-Mart Stores, Inc., on October 31, 1969 (Wal-Mart, 2010). As a leader in sustainability, corporate philanthropy and employment opportunity, Wal-Mart placed first among retailers in Fortune Magazine 's 2009 Most Admired Companies.

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