Wal-Mart: Holding Us Up or Holding Us Down?

Wal-mart: Holding us up or holding us down? Wal-Mart plays a large role in the U.S. economy. As of January 31, 2007, Wal-Mart operated to a greater extent than 3,400 U.S. Wal-Mart stores. Wal-Mart is the largest private employer in the United States. It has 1.3 million employees and is the largest retailer in the United States. In 2004, Wal-Mart handled 6.5 percentage of U.S. retail sales. Wal-Mart is the book binding U.S. seller of app bel, groceries, and music. Wal-Marts 2005 revenues exceeded that of the next five U.S. retailers combined: these are Home Depot, Kroger, Sears Holding Company, Costco, and Target (Schulz, 2006). Wal-Mart currently accounts for 28 percent of Playtexs sales, 25 percent of Cloroxs, 21 percent of Revlons, 13 percent of Kimberly-Clarks, and 17 percent of Kelloggs. Wal-Mart also accounts for over 15 percent of U.S. imports of consumer goods from China. More than a 120 million U.S. consumers deceive at Wal-Mart e genuinely week, and 84 percent of the Statesns shopped at Wal-Mart at least once during 2005. Wal-Marts growth has coincided with and amplified several quick trends in the U.S. Wal-Marts rise is as much a cause as it is an effect of larger changes in technology, flock patterns, and consumer tastes.

Between 1963 and 2002, the flesh of single-store retailers in the United States declined by 55 percent while the number of chain stores nearly doubled. The number of stores belonging to chains with 100 or more stores more than tripled over this period. Wal-Mart, Kmart, Target, and Costco combined still account for a very small fraction of all retail stores, but they represent an increasing and disproportionate share of all dollar sales. The rivalrous pressures created by large retailers have always been controversial. As further back at the 1920s, retail chains have been incriminate of paying low wages, not contributing to their communities, taking notes out of communities, paying fewer taxes than local merchants, and turning America into a nation of clerks ... If you want to get a replete(p) essay, order it on our website: Orderessay

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