Noticing that your local grocers are being shut down? Also noticing a Wal-Mart nearby? Wal-Mart could be the source to this shutdown madness.
Wal-Mart is saying that they will be opening about 275-300 stores between now and 2016. Destroying businesses and taking over town revenues, there are over 11,000 Wal-Mart units over 27 countries including express stores, superstores, convenience centers, and discount stores that take over most towns and throw local business under the bus. Although Wal-Mart could be convenient, most small town people can argue that the store is bad news.
In 2006, Chicago’s west-side learned that a Wal-Mart in a small town would kill local businesses and destroy retail jobs more than create them. Within 2 years of the opening of this Wal-Mart, 82 local stores had gone out of business. Instead of growing Chicago’s retail economy, it was just simply overtaken. Thus Wal-Mart created no new jobs and no new sales revenue for Chicago. Later, a study of Chicago in 2009 showed that businesses within one mile of a Wal-Mart supercenter hadd a 25% chance of falling apart in the first year and a 40% chance of falling apart by the second year, when compared to stores farther than one mile of a supercenter.
The opinion of the people should matter. The small town people should be the ones to make the final decisions whether or not big corporations like Wal-Mart can or can’t come into a town. Petitions should go around towns and from there determine if Wal-Mart is better for the town’s revenue. If the people were to decide, fewer local businesses would fail.