Wal-Mart's Impact On Small Businesses

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Though it is great to have all of these convinces right at our fingertips, Wal-Mart can be deceiving. Wal-Marts rhetoric doesn’t match reality”, says Steven Barrison from The New York Daily. The main concerns associated with Wal-Mart focus on the impact that Wal-Mart has on small businesses, such as supermarkets, and other family owned shops. Statistics prove that a single Wal-Mart store opening will eradicate three local jobs for every two that it creates (Bill De Blasio, 2011). This is bad news, because Wal-Mart will statistically give back less than it takes in. This is untrue for small businesses. For every $100 spent in locally owned businesses, $68 stayed in the local economy while chain stores only left $43 to recirculate (Bill De Blasio, …show more content…
The only business we do not feel we compete with is the one footing are bills, our employer. Wal-Marts average annual pay of $20,774 is statistically below the Federal Poverty threshold for a family of four (Bill De Blasio, 2011). Wal-Mart also offers healthcare, but based on the average salary of a Wal-Mart employee the payment represents almost 25% of their annual income ( Wal-Mart: Bill De Blasio,2011), and yet Wal-Mart has thousands of employees who qualify for Medicaid, and other publicly subsidized care (Bill De Blasio,2011). These studies result in fewer jobs, less recirculation of the public’s money, and burden on taxpayers. We are losing a sense of family, and individuality with the loss of small businesses. The uniqueness of their products will surely keep people coming back. Religion and family are also a huge party of town stores which is why it is so sad to see so many of them go. Many small town stores are closed on Sundays for church, and when they re-open on weekdays the shop keep knows the names of all his customers. That individuality is impossible for Wal-Mart. At Wal-Mart you are just another face. We are losing a sense of individuality, family, and freedom with the loss of small business and here is why

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