Alison Green Mr. Showley English 12 28 March 2014 Walmart the world's largest retailer is not able to provide its workers with a sustainable wage. Many of it’s current and former employees report having to use Medicaid and WIC programs to fill in the gaps the company leaves in people’s lives. It has astronomical profits but hides it’s dirty little secret that in encourages it’s associates to use welfare to get by. Walmart associates and their families as well as taxpayers are hurt by the way they do business. Associates everyday life and survival suffers from working at Walmart.
Walmart Lawsuit Controversy’s Walmart is a very large cooperation who profits billions of dollars a year. Wages aren’t that great at Walmart which means there are a lot of unhappy employees. Walmart has had plenty of controversy over the years. People who shop at Walmart seems to think Walmart is a wonderful place on the other hand some Walmart employees despise the company. Sometimes consumers never know what’s going on inside certain company’s other then what they hear but people have no idea how unfair some employing company’s can be.
Few companies create such controversy as Walmart has done with its approach to maintaining low costs for everyday items. People either love Walmart because of this approach to keeping prices down or hate it due to the effects it has on the economy. There are a lot of arguments surrounding the minimum wage and employee rights at Walmart. There seems to always be a news article about some employee protest about the wages or how they are treated. Walmart is viewed as an enormous firm that does not take care of its employees because of its minimum wage, treatment of its employees, and how it deals with lawsuits.
While Kmart was taking time to recover from filing Chapter 11, its rivals like Wal-Mart and Target were stealing its customers. When Kmart was focusing on random in-store discounts, Wal-Mart and Target were pitching low prices, broad inventories, hip products, and a pleasant shopping experience (2002). Jalexson states that in 2003 Edward Lambert rescued Kmart from bankruptcy. Lambert wanted to attract customer’s back, but the closing of 28% of Kmarts over the last two years hurts the chains ability to attract customers and forced the remaining stores to pay a higher portion of advertising costs. Then, in January of 2003 CEO Julian Day said that when a company exits bankruptcy it should emphasize the exclusive brands like; Joe Boxer, Sesame Street and of course Martha Stewart (2003).
Walmart causes more harm than good not only to its workers, but to our nation. Greenwald says, “The tax abatements given to Walmart comes from the city’s budget for public services; thus the amount of money for schools, fire and police services is reduced.” (Wal-Mart: The High Cost of Low Prices,2005) In the movie, Walmart: The High Cost of Low Prices, shows that even though Walmart makes $240 billion in sales per year, they still do not respect their workers or the surrounding community . In f... ... middle of paper ... ...sounds, that is the reality of the situation and many people will not care to make a difference in the world, unless it affects them personally in some way. Walmart will only stop expanding if we stop helping their expansion. “Walmart earns $240 billion in sales per year.” says Greenwald.
It didn't perform an accurate SWOT analysis, but to be fair, who could have seen the rise of Wal-Mart to the position of the world's number-one retailer? Still, as Wal-Mart built new stores in town after town, supported by cutthroat pricing and solid logistics, Kmart's complacency would cost them. Part of the problem was that as Wal-Mart was pouring money into information technology (IT), Kmart's IT budget continued to shrink – not just once, but several years in a row. While Wal-Mart's logistics and supply chain management got sharper, Kmart's stagnated. And while Wal-Mart was able to squeeze more value out of its stores and its systems, Kmart lost ground.
A major reason for small business failure to bolster the economy is a result of their inability to raise capital due to the decimation of the Small Business Administration's loans program ( Harpers Magazine, July 2014, V309 il 850 p79(2)). It appears that the very fuel that normally would stoke the economic furnace has been diluted through cost cutting measure as a result of a floundering economy. Such challenges will test the creativity and viability of small business. Unfortunately, that creativity can be overwhelmed with the legislative regulations imposed by the local, state and... ... middle of paper ... ...wamped by flood of regs [Electronic version]. The Business Journal, 13(46), 29.
However, Wal-Mart does not succeed in all aspects. Instead, it has been reported numerously for having uncaring and unprofessional customer service within its stores, which has decreased Wal-Mart’s reputations for being a proper designated shopping center for some customers. The purpose of our research is to decide whether or not Wal-Mart should integrate bi-monthly training programs for their employees, increase wages for existing employees, and if Wal-Mart should conduct electronic customer feedback surveys at each check-out counters within the two large Walmart retail stores located on S Duff Ave and Grand Ave in Ames, Iowa. This report will cover several topics about Wal-Mart’s employee customer service, keeping in mind the most important features of knowledgeability, friendliness, and availability. The information from this report will not cover all Wal-Mart facilities in the United States, but will only pertain to the two stores located in Ames, Iowa.
The bad publicity also made it so 8% of customers shop elsewhere because of what they’ve heard, this has caused lower expected sales around the holidays during 2004, and 2005. Some things they’ve done is in 2006 they paid employees on average 9.36 dollars, while other major retailers like Target and Sears pay on average 11.08 dollars. While this can be easily denied by Wal-mart, another way they have gained bad publicity is from something called off-the-clock work. If they had not finished their job they had to clock out and then still finish their job, meaning they wouldn’t get paid for
It has changed the relationship between big-box retailers and manufacturers. This company has been viewed to be the core cause of bankruptcy of several American businesses together with a high rate of unemployment in the United States. Some people seem to be voting for Wal-Mart while others are not on its side. The supporters are for the company since it has enabled them to shop at a low-cost and at one-stop shopping. Others are against the company since its causing a lot of harm to the small businesses and to the economy of the United States as whole.