They reduce local retail employment by 2.7% in every co... ... middle of paper ... ...ecessary income to support their families with good pay and benefits. They shouldn’t have to rely on taxpayers to pull them up when their company won’t provide the basics. When most people hear of Walmart coming to it’s communtiy they are excited because it means jobs. It’s true, they do employ people but they fail to pay them a wage they can live on and this in turn hurts everyone. Taxpayers have to help support families that can’t support themselves with dismal pay that does not feed them or provide them with the basics to sustatin themselves.
When Wal-Mart enters a new location it relies on bully techniques to weed out its smaller competition leaving consumers little to no choice but to shop as well as be employed at Wal-Mart. The majority of Wal-Mart employees opt-out of the health benefits package due to the high premium cost and large deductibles leaving them without coverage or seeking state aid. ("Store Wars: When Wal-Mart Comes to Town") Wal-Mart is the largest retailer in the world with over half of their employees averaging wages that are below the Federal poverty line for a family of four. Wal-Mart has become a household name with many positive attributes but they have been riddled with a large amount of negatives. Their motto of “Always low prices, always” have created soaring profits at the expense of their employees.
People who work part time at Walmart can’t survive solely on Walmart wages alone because of the minimum wage pay they can’t support their families with the help from another source. Benefits at Walmart are hard to come by which means the employees can’t get insurance or health benefits to cover their medical expenses. Over the last few years Walmart has been sued by employees as well as customers. Some employees claim that they have been discriminated against for gender, race and a number of other reasons so they have filed lawsuits against the company. Walmart has claimed no wrong doing to their employees or customers maintaining that they thrive on making employees and keeping their customers satisfied.
An article mentions “Walmart’s huge advantages in buying power and efficiency force many local rivals to close.” (“Long”103) Walmart can only see that they are going to make more profit they don’t stop to consider the local businesses they put out. The disruption Walmart is causing to small communities is cold hearted. In an article written by Jonathan Hoenig says “Wal-Mart hires workers on a voluntary basis, and right now 1.3 million Americans have willingly chosen to work there. They could walk out and leave at any time’’ (48). Hoenig makes it seem like it’s that easy to just get up and leave a job.
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.
Wal-Mart keeps these employees from sharing in these gains by keeping them in scared and in poverty. Ever since I started working at a market I then realized not only Wal-Mart excludes its employees and the poor from sharing in gains. The low paid employees at Wal-Mart will never share in gains as long as they work at Wal-Mart. Mallaby admits Wal-Mart can treat their employees and other retailers unfairly, but as a result everyone can share in the 50 billion in savings that American shoppers consume annually. The pay that employees get is the price they must pay for low priced merchandise.
After watching The Wal-Mart Documentary: The High Cost of Low Price, I am strongly against Wal-Mart in America because of several reason but will narrow it down to: the closings of small businesses, high crime rate, and discrimination against employees. Well how about a little fun fact: Wal-Mart makes millions of dollars every day and does little to nothing to help their community or employees make a living to support their families. The business motto of Walmart is all about low prices but at what cost? The Wal-Mart Documentary: The High Cost of Low Price, reveals the many chain of events happening when a Wal-Mart is built in a town, such as: small mom and pop shops closing their business because they can NOT compete with the “BIG HOUSE”, employees being discriminated by the color, race, and either not getting promoted or are being told to go on government funding because Wal-Mart doesn’t want to provide quality healthcare. In The Walmart Documentary, stated: “Wal-Mart cost taxpayers $1,557,000,000.00 to support their own employees” (U.C.
The success of Wal-Mart is so great, that many people believe that Wal-Mart is becoming a monopsony . Suppliers are forced to deal with Wal-Mart because of the large percentage of sales at Wal-Mart cash registers. As such, Wal-Mart also has the ability to dictate prices of the goods it receives from the suppliers. Every day, more and more retail stores close their doors for good because Wal-Mart controls such a huge margin of the retail sector. I don't see Wal-Mart as a huge retailer trying to take over the world with cheap prices.
(Soni, 2015)“With the power and success that the company is able to harbor its fellow companies like Kroger, K-mart, and Target don 't even stand a chance. This places Walmart in the driver seat in their market and places direct pressure on their weaker competitors. The success of Walmart eventually will be so overbearing that it will start to push other competitors completely out of business. Strategic Considerations and Recommendations With the expansion into smaller communities, Walmart will be able to provide low cost products to its consumer as well at take out new competition that until now did not exist on their radar. By implementing this low cost strategy into the communities Walmart will not only attract new customers, but will also draw previous customers who will enjoy their new community based market.
Wal-Mart is a growing competitor to those who have enough trouble just surviving. It is easier for everyone just to back-off and let them do what they want, but they have taken advantage of that and the people do not like that. Besides all the points that I have stated, Wal-Mart has had to pay fines due to breaking Child Labor laws and Illegal Immigrant laws; fines up to $11.5 million for just those two types of laws. Wal-Mart is not good for this economy, for the people, and the company, in a whole, is criminal. If the people let Wal-Mart stay on the track it is on, the United States will not have anything but Wal-Marts.