SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : China Warehouse- More Than Crockery

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RealMuLan who wrote (1416)11/13/2003 11:50:43 PM
From: RealMuLan  Read Replies (1) of 6370
 
In love with ‘Made in China’

Barun Roy
Published : November 14, 2003

Every time I visit my daughters in the US, we get into the same debate we’ve been arguing for years: whether it’s ethical to shop at places like Wal-Mart, Target, Kmart and Walgreens.

My daughters and many socially-conscious Americans regard these outfits as the rogues of the American retail industry who are said to buy their products from sweat-shops around the world and follow unfair labour practices at home to drive up revenues and profits. They should, therefore, be strictly boycotted.

But the thing is, the overwhelming body of the American buying public doesn’t care. These stores give them the best bargains they can get anywhere, and that’s what matters to them. The average American consumer is so used to looking for and getting low prices at these places that he or she won’t go anywhere else.

Take Wal-Mart. People call it the Beast of Bentonville — after its home base in the state of Arkansas — and have been running hate campaigns against it for years. But its revenues have been rocketing ever upwards and reached a whopping $ 245 billion in 2002.

business-standard.com
============
12% of all US imports goes to Walmarts
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext