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By these statistics alone, Wal-Mart is a corporation
leader, but there is more to the story, when you look at
how it reached its number one status. In the year 1993,
there were only 10 super-centers, and today there are
600. There are 60 stores in Wisconsin alone, and in
1999, there were 3,562 Wal-Marts operating in seven
countries. Wal-Mart claims that 93 million people shop
at Wal-Mart each week, and in 1999, they did $137
billion in sales, meaning the average American spent
$1,100 at their stores. This is versus the $360 spent at
Wal-Mart in 1996. Are you disgusted yet?
Wal-Mart is also the main cause of the downfall of
K-Mart. When K-mart knew it was fading they blue lighted
just about everything. Wal-Marts response? They sent
their yellow smiling face and slashed prices,
undercutting K-Marts prices, driving the company to
almost complete bankruptcy. This doesn’t only hurt
businesses it hurts people too. Many have lost jobs due
to K-Mart going under, and those who invested in K-Mart
stocks have lost nest eggs that they had depended on.
Are you convinced yet? Here is some more food for
thought. Did you ever think it was possible to get hurt
while shopping at Wal-Mart? Well it is possible, and
many people have filed complaints against the company,
due to being injured by items overstocked on the
shelves, falling off and landing on people’s bodies and
heads. Another reason complaints have been filed against
the company is because Wal-Mart has a tendency to
counterfeit items. Selling jewelry that was claimed to
be authentically made by Native Americans, when really
it was mass-produced. It also has been selling items
under a false impression of such companies like Nike,
Hilfiger and other name brand designers. And of course
who could forget the idea of sweatshops, Wal-mart brand
clothing is made mostly out of the United States in
countries that allow the use of sweatshops, and have
lenient environmental laws.
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