Various stores operated by a single company formulates a chain store. These massive businesses are most commonly seen in forms of restaurants, supermarkets, and department stores. The popularity of these large corporations skyrocketed across the globe after it’s first appearance in 1859 and continue to dominate today’s business market. Although retail chains result in negative outcomes, critics are doubtful about it’s complications. Chain stores are inadequate because they chase away local businesses, damage the environment, and weaken local economies.
Since local stores cannot compete with chain corporations, they ultimately go out of business. Wal-Marts, widely known for their competitive low prices on high-profile items, are surfacing around the US at an impeccable speed. “According to Forbes [magazine], for every new Wal-Mart, two rival supermarkets will close.” (Coleman 4) These local businesses vanish because they simply cannot match Wal-Mart corporations’ low prices. Along with harming local businesses, retail chains bring danger upon the environment. In addition, these large corporations project negative influences on the environment.
The expansion of big-box retailers calls for more use of automobiles since the construction is only attainable by motor vehicles. “As a result, more and more of our daily errands now require …show more content…
However, this argument is invalid due to an occurrence known as a “zero-sum-game.” Over 7,000 local businesses closed down in Iowa with the arrival of Wal-Mart stores. “As these businesses have disappeared, Iowa communities have lost at least as many retail jobs as the big superstores have created.” (Mitchell 2) Chain stores creating more jobs to benefit the economy is fallacious since the new jobs make up for the past jobs lost. Above being a “zero-sum-game”, chain stores shut down local businesses, threaten the environment, and trigger local economic
Since local stores cannot compete with chain corporations, they ultimately go out of business. Wal-Marts, widely known for their competitive low prices on high-profile items, are surfacing around the US at an impeccable speed. “According to Forbes [magazine], for every new Wal-Mart, two rival supermarkets will close.” (Coleman 4) These local businesses vanish because they simply cannot match Wal-Mart corporations’ low prices. Along with harming local businesses, retail chains bring danger upon the environment. In addition, these large corporations project negative influences on the environment.
The expansion of big-box retailers calls for more use of automobiles since the construction is only attainable by motor vehicles. “As a result, more and more of our daily errands now require …show more content…
However, this argument is invalid due to an occurrence known as a “zero-sum-game.” Over 7,000 local businesses closed down in Iowa with the arrival of Wal-Mart stores. “As these businesses have disappeared, Iowa communities have lost at least as many retail jobs as the big superstores have created.” (Mitchell 2) Chain stores creating more jobs to benefit the economy is fallacious since the new jobs make up for the past jobs lost. Above being a “zero-sum-game”, chain stores shut down local businesses, threaten the environment, and trigger local economic