Wal-Mart Message Board - Msg: 19734840

STOCKTALK

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.

Non-Tech : Wal-Mart

WMT 100.75

-1.4%

11:32 AM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Yogizuna who wrote (1094)	1/26/2004 5:39:26 PM
From: Ann Corrigan	Read Replies (1) of 1166

Yogizuna, Walmart is changing the face of small town USA. That's the most negative effect when one of their new stores opens. Within a couple yrs most of the small neighborhood stores have shut down because they can't compete with WMT's slave-wage produced goods. The huge ugly megastore shell sits on outskirts of community & even with both parents working there, they struggle to support their family on the low wages. The WMT organization also pushes for tax abatement incentives from these rural areas. Their local taxes are forgiven for 10-12yrs for the mammoth distribution centers. As a result, those same local employees usually find their taxbill has increased. Hopefully this megastore trend has started to slowdown since it spreads a boring homogenous atmosphere to the once unique, charming towns.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next