Preview

Survival of the Business in Our Communities

Good Essays
Open Document
Open Document
1137 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Survival of the Business in Our Communities
There are many benefits that are offered to you when you shop at large corporations. According to the U. S. Census Bureau it states that in 2010 there were 27.9 million small businesses with 500 or more employees. While larger corporations are cheaper than many mom-and-pop shops there is much criticism as to whether these corporations are to blame for the closing down of the mom-and-pop shops.
Mom-and-pop shops have been closing down in our communities for many years now. When the larger corporations move into our communities do we all flock to support them and let our mom-and-pop shops suffer or even just dwindle and die? The Daily News has an article titled: “Study proves it Wal-Mart super-stores kill off local small businesses,” by Steven Barrison. In this article it states, “ In 2006, within two years of Wal-Mart opening its doors, 82 local stores went out of business.” This goes to show that there ma be some truth in what they are saying. As a community, letting Wal-Mart or any other large corporation store come in and take over is not acceptable. The supporting of our community stores should come from the community in which the store is in. However, help from others that are visiting the neighborhood, state or just driving by and needing to stop in for something would be and is gladly appreciated. Being able to afford the things needed and/or wanted would be great. However, most of our community stores are not in a position where they can compete daily with the larger corporations lower pieces. A sale every now and then from our community stores may be all they are able or willing to give. Wal-Mart offers low prices. There are many things that may happen behind the scenes for this to happen. With mom-and-pop stores the inventory may not be as large as Wal-Mart or any large corporation and that may be a cause of them (Wal-Mart) being able to have and keep lower prices. In the article titles: “Major retailers’ effect on mom-and-pop shops

You May Also Find These Documents Helpful

  • Better Essays

    Wal-Mart continually advertises their prices to be substantially lower than their competitors. The truth is, most Wal-Mart items do not have a drastic price difference. However, the difference is Wal-Marts’ ability to slash prices on many popular items every so often to maintain the ‘low price leader’ image. This has helped the retail giant maintain the number one retail spot over the past decade. This perception has also kept shoppers out of small businesses and other retail chains, giving Wal-Mart that competitive advantage to continue to slash prices after moving most of their inventory.…

    • 1511 Words
    • 6 Pages
    Better Essays
  • Good Essays

    "Always low prices, always", does this sound familiar? Well this is the slogan of the world 's most powerful company, Wal–Mart. Making its mark in 1915 as the five and dime store, Wal–Mart expanded and grew over the years into a 256 billion dollar company. Over the recent years of Wal-Mart 's growth, some people believe that Wal-Mart supports and builds the American economy while others hold that Wal–Mart 's global outsourcing will damage the American economy over time. When comparing the two opposing points, Wal-Mart has been more destructive than constructive to our economy in that it has destroyed more jobs then it has created, the employees receive little to no healthcare, and Wal-Mart has also degraded our environment.…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Wal-Mart is not just the world's largest retailer. It's the world's largest company--bigger than ExxonMobil, General Motors, and General Electric. The scale can be hard to absorb. Wal-Mart sold $244.5 billion worth of goods last year. It sells in three months what number-two retailer Home Depot sells in a year. And in its own category of general merchandise and groceries, Wal-Mart no longer has any real rivals.Wal-Mart wields its power for just one purpose: to bring the lowest possible prices to its customers.Deenu Parmar presents the fact as people will still continue shopping at Walmart without being concerned about their policies for their employees.Wal-Mart is a success because it sells products that people want to buy at low prices, satisfying customer's wants and needs. However, Wal-Mart critics argue that Wal-Mart's lower prices draw customers away from other smaller businesses, hurting the community.Those comments momentarily make me wonder if I am hurting the economy and the society's norms in the long run by shopping at Wal-Mart.Areas of criticism include Labour wages,Relationship with unions, treatment of product suppliers. Although Wal-Mart denies doing anything wrong and maintains that low prices are the result of efficiency.I have researched few points as a consumer through which i can argued against Deenu Parmar's statement.…

    • 1008 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Wal-Mart doesn’t limit its products to one specific need, but to any kind of need. When setting foot Into a Wal-Mart it may be overwhelming to see all of the products to choose from. “A quick look around at the store in Paris makes clear what an employee is up against: thousands of items (90,000 in a typical Wal-Mart)” (Olsson 612). To list a few items, Wal-Mart carries hardware, food, toys, and school supplies. Other stores that specialize in selling these products will lose a good percentage of customers that are needed to keep their business running. This variety can also potentially discourage customers from ever using different businesses. Nonetheless, these different areas of goods will satisfy the needs of many people when located in one area. People may come in for a specific item, simply because they are able to purchase it at the lowest price possible. Another common scenario is that someone may go there for multiple purposes instead of just one. For example, one can complete his or her grocery shopping, while purchasing a computer that is needed for school. Instead of traveling through town to find the same type of a computer for a lower price they can do it all at Wal-Mart because of the convenience the store offers. Not only small businesses but also larger companies can be hurt from this type of convenience. “The average Wal-Mart customer earns thirty-five thousand dollars a year” (Mallaby 621). Best…

    • 888 Words
    • 4 Pages
    Good Essays
  • Good Essays

    "There are a lot of people who hate Wal-Mart. In the absence of data, they have a visceral reaction" (Neumark 1). Yet Walmart has strived to change that way americans think of walmart's impact on the economy."According to economic consulting firm Global Insight, the existence of Wal-Mart in the United States and its effect on consumer prices results in an annual cost savings of $263 billion, or roughly $895 per person. The study also concluded that Wal-Mart created 210,000 net new jobs last year and pays employees competitive wages."(Troy 1) This proves how Walmart has saved millions of dollars for the economy providing many jobs for the unemployed and the expansion of walmarts in diffrent areas saves alot of money for those locations. For example," If Wal-Mart's store penetration rate as it's found in Dallas/Fort Worth was applied to markets such as Chicago, Los Angeles and New York, that annual savings per person would be $763, $1,000 and $1,307,"(Troy 1). This shows us that Walmart itself is not negative impact on society but rather a positive one allowing America grow as a nation and allowing a huge industry like these help out in hard times like the ones we are seeing in present day. The economy we see today with many americans unemployed makes many wonder if they're…

    • 1020 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    In 1988 Sam Walton founder of the greatest discount store of all time was awarded a title. Walton’s name was found in Times Magazine as most influential person to have lived in the 20th century. The founder of Walmart’s goal was to achieve having a store that provided“ a one stop shopping center, with an unlimited supply of product at unbeatable prices”. What Walton failed to foresee, was the destruction and, negative effects that his business would bring all over the globe. Is it possible that the biggest company in the world could bring harm to there own employees? The answer is yes; they would and continue to do so. They come into cities affecting a large amount of members in the communities; right after settling in they do a great deal of damage. Walmart is a supermarket that changed the industry of retail, though it ended up ruining the lives of thousands of hard working citizens. These people are Americans who want to keep a job but have to endure inexcusable treatment from Walmart. Employees have been treated so poorly that lawsuits and protestors around the world have come to stand outside of the nearest Walmart in town to protest. The negative affect of these huge supermarkets led to the spiral of many great pharmacy’s, clothing, hardware stores etc. These types of stores went down the drain as soon as “Big Walmart” came into town. Since the existence of Walmart it has challenged communities big or small to stay open and keep there employee’s wages down and there cost of merchandise down, leaving the other store owners with no profit forcing them to close down. This is the only way Walmart has operated and that’s lowering cost and making sure all other surrounding competitors shut down. Some do not speak up because as a consumer, they do not see a reason to why they should complain if what they are buying is a complete bargain. That way of thinking keeps many unemployed and many Walmart workers receiving the same…

    • 1497 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Criticisms of Walmart’s effect on small retailers fall flat because of Americans’ role in that effect. Consumption is the only democratic component of the corporate world: small retailers fail because Americans choose Walmart. Walmart provides cheaper, better, more accessible services than its competition. While competing stores’ closings produce touching hard-luck stories, the shift to Walmart is beneficial for society, because Walmart is much more efficient at every stage of its business. The benefits of this efficiency are less personal and more broadly spread than the costs to smaller competitors, but such dissemination of value demonstrates one of the best qualities of Walmart – its egalitarianism. Walmart provides a good that is accessible to virtually all Americans. The 2006 book The Walmart Effect estimates that 97% of Americans live within twenty-five miles of a Walmart, and Walmart’s low prices assure that the store is also economically accessible. As long as consumers continue to choose Walmart (for understandable reasons), the onus is on small retailers to find better ways to compete.…

    • 689 Words
    • 3 Pages
    Good Essays
  • Good Essays

    reserch paer on wal-mart

    • 997 Words
    • 4 Pages

    In the 1990’s most families made a dollar stretch due to lower inflation changes. As gas prices sky rocketed, in the 2000’s, families felt trapped, thriftier, and scrapping for pennies to shop for groceries. Present day Wal-Mart has given all families a way around large corporations that control prices. As a result, Wal-Mart has given a second chance on living the American dream and stretching a dollar to unimaginable possibilities. The essay Squeeze by Charles Fisherman gave me insight towards Wal-Mart, since it mentions the large control it has over large corporations. The essay projects Wal-Mart being negative towards large company but fails to mention benefit towards community. In addition, the 51,000 square acre food stores are perceived by some as a monopoly, damaging to the economy, and forcing low wage jobs. However, this new Wal-Mart has made significant changes to better the environment, provide better wages, and help families by forcing their vendors to run more efficiently. Though the issue has divided critics, Wal-Mart benefits local communities in America, since they provide low cost produce, support the environment, and help soldiers with jobs.…

    • 997 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Numerous jobs in America have been lost to the growing corporation of Wal-Mart. Because they buy cheap imports, roughly $15 Billion worth, it hurts American blue-collar workers tremendously, proving that Wal-Mart is not good for America. They have too much power over smaller manufacturers, that they hurt America. That is why I believe that the…

    • 381 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Walmart Effect

    • 999 Words
    • 4 Pages

    In The Wal-Mart effect: Poison or Antidote for Local Communities author Terry J. Fitzgerald attempts to submerge to the bottom of the issues people have with Wal-Mart. He does so by using results from Wal-Mart’s effect by entering non Wal-Mart counties economy’s. He uses the research to show that Wal-Mart doesn’t affect a community as much as most think. However, no matter what side of the issue you fall on, it still affects your community in a good or bad manner.…

    • 999 Words
    • 4 Pages
    Good Essays
  • Good Essays

    July 2nd, 1962 Sam Walton opened the first Walmart in Rogers, Arkansas. Walmart is a name that is commonly known in every household across the United States of America. It’s right around the corner to nearly all Americans and a haven for bargain hunters, so people think. Walmart brings jobs and helps the economy when they move to the area. This is another misconception Walmart wants you to believe. Walmart actually is doing the exact opposite. Sure it creates jobs, poverty level paying jobs with less than forty hours a week and no benefits. People who own and operate their own businesses, who actually stimulate their local economy, are at risk for going bankrupt and losing everything they have. Why would people want to spend money when they can get a similar product at Walmart for half the cost? There’s a simple answer to that question, people don’t want to spend money they don’t have to. Millions of people in the United States are living paycheck to paycheck working minimum wage jobs. These people can’t afford to buy products from a local family run store. The only places they’re able to go and get everything they need is Walmart and other big box businesses who can offer cheap…

    • 1896 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Wal-Mart is the largest employer in the United States, and the largest public corporation by revenue. While the argument can be made that the United States’ largest employer cannot possibly be bad for the economy, Wal-Mart’s habit of dominating markets and use of less-than-honest labor and business practices has contributed to the steady decline of the traditional American small business.…

    • 853 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Everyday many Americans shop at the retail giant Wal-mart. They sell everything from food for the refigerator to toys for children to furniture for your home. This retail monster saves many Americans money on day-to-day basics. "Always Low Prices" id the slogan for Wal-mart and they deliver the promise but at what cost? While charging low prices comes with consumer benefits, mounting evidence from across the country indicates that these benefits come at a steep price for American workers, U.S labor laws, and community living standards. (Miller, 1)…

    • 435 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Wal-Mart comes into communities to help build them up and add jobs. It succeeds in both things, but leaves much to be desired in the ways of treating their employees, which makes Wal-Mart is both an asset and a detriment to communities. While Wal-Mart contributes to the community by providing a place to purchase goods cheaply and obtain jobs that do not require much experience, they mar this goodwill through compassion-less practices such as cutting of employee's health insurance and pushing out "mom and pop" stores.…

    • 759 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    American Dream

    • 1286 Words
    • 6 Pages

    Luke S.H. Wright in “The American Dream” has stated that large corporations such as Goldman Sachs are taking over the small businesses. This leaves owning one’s own business out of the picture. At the same time major retail chains are spreading to every corner, which in result, small business owners are being put out of business because of the convenience of large business chains. 7-Elevens are now replacing the family owned bodegas. Starbucks is now in every corner while local coffee shops are fighting to keep their small business open. Walmart has many small businesses within such as salons, key shops, arcades, and even their own McDonalds. This has caused family owned specialty shops to diminish. CBS Reporter has stated that Walmart, “Clearly, it puts a lot of smaller retailers out of business”…

    • 1286 Words
    • 6 Pages
    Powerful Essays

Related Topics