Business Services Industry

In Wal-Mart's wake - By the Numbers - Brief Article

Chief Executive, The, Jan-Feb, 2004

WAL-MART a boon for local economies? Not a chance, say critics like Al Norman, anti-sprawl activist and author of Slam-Dunking Wal-Mart. "Bringing a Wal-Mart to your town is supposed to be a shot in the arm," he says. "Instead it's a shot in the head." Recent studies say the retail giant's colossal growth comes at the expense of existing stores.

[GRAPHIC OMITTED]

Hello Wal-Mart, Goodbye Mom & Pop

Average loss of sales per grocery store after Wal-Mart

year

1     -10%
2     -13%
3      -8%
4     -13%
5     -17%

*For Mississippi counties with populations under 100,000
Source: *Economic impact of Wal-Mart Supercenters on Existing Businesses
in mississippi, * Stone, Artz and Myles, 2002

Note: Table made from bar graph.
COPYRIGHT 2004 Chief Executive Publishing
COPYRIGHT 2004 Gale Group
 

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