Here are some Wal-mart facts to consider:
> Wal-Mart is the biggest employer in 25 states. They set the standard for wages and labor practices.
> Wal-Mart employs 1.4 million workers worldwide and over 1 million in the United States. More than half of Wal-Mart’s U.S. employees leave the company each year.
> In 1970, the country's largest employer was General Motors, with 350,000 workers. Overwhelmingly union, they earned $17.50 an hour plus health, pension and vacation benefits and cost-of-living increases. Today, the country's largest employer is Wal-Mart, with over 1 million US workers. They earn an average hourly wage of $8.00, with no defined benefit pension, and inadequate health care.
> 2007 study found that the opening of a single Wal-Mart store lowers average retail wages in that county nearly 1%. In the general merchandise sector, wages fell by 1% for each new Wal-Mart. And for grocery store employees, the effect of a single new Wal-Mart was a 1.5% reduction in earnings.
> Money spent at Wal-Mart does not stay in the community: In Virginia, for example, 60 cents of every dollar spent downtown, stays downtown — compared to just six cents for every dollar spent at a big-box stores like Wal-Mart.
> Wal-Mart forced local small businesses to close: Studies in Iowa showed that some small towns lost up to 47% of their retail trade after 10 years of a Wal-Mart store moving in nearby in the mid 1990’s.
> In 2005, Wal-Mart real-estate manager Jeff Doss spoke about an oft-cited remark by company founder Sam Walton that Wal-Mart would not build stores in towns if the residents did not want them. “Were that the case,” he said, “we’d never build a store anywhere”.
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