Wal-Mart Friend or foe of teh small town
"Wal-Mart" is coming to Town". These words conjure up different thoughts and emotions for people of a local community. It does not matter if that community is a small town in Missouri or a suburb of Chicago. What effect does a Wal-Mart store have on existing businesses? This is a highly debated and argued question. Which side of the fence you are on will probably influence your opinion. When a Wal-Mart store moves into a town, many people's lives are affected. Some positively; others negatively. Some people are not impacted at all, while others may have little interest. For still others their lives could be dramatically affected.Like any new business in a community, a Wal-Mart store could have a great deal of impact on the local economy. Property owners around the site may have the benefit of a new store coming to their area and embrace the enterprise. Others may lose their property, have limited access to their property or be negatively impacted by the "right's of way" required for the property. Developers, contractors, builders and bankers will reap the short-term rewards from the construction of the new project. Gas stations and fast food restaurants could prosper or falter depending on the locati
Wal-Mart is in you community for only one reason, to make a profit. Wal-Mart and their "Super Stores" provide services in addition to retail merchandise, i. One primary difference is that the malls included small businesses who could chose to relocate. The Wal-Mart store may be an "anchor" tenant in a shopping center. com,"Wal-Mart Corporation" Copyright c,Bentonville, AR. Is Wal-Mart a friend or foe of the community? That all depends on which side of the fence you are on. The many shopping options, the current share growth, and the fact that some local enterprises have gone out of business, gives Wal-Mart the opportunity to monopolize pricing and hold the consumer at bay. "Wal-Mart c Registered Trademark of the Wal-Mart Corporation,Bentonville, AR2. on and accessibility provided by the developers. You may believe that Wal-Mart is, at least partially, to blame for the change in our life styles, or you may believe Wal-Mart is just catering to our new market demands. Wal-Mart has used such TIFs in several other Missouri towns. Wal-Mart is making an entourage into the grocery business. Some legislators consider these "gray" areas for the use of this money. Wal-Mart understands this principle and is forced to keep the majority of their prices competitive.
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