by Pat Healy, Fri Mar 20, 2009 at 10:40:16 AM EDT
Wal-Mart is a scourge on small towns and small business across America. If you haven't seen this frightening map yet, Wal-Mart has been invading communities nationwide for decades like a virus. But a new study out of Dartmouth's Tuck School of Business has some advice about how small businesses can cope.
The Independent Street blog at the Wall Street Journal (which is usually an apologist for Wal-Mart's reckless and ugly business practices) reports:
"The study found that after a new Wal-Mart store opened, local supermarkets in seven regions of the U.S. suffered sales declines of 17%, while mass merchandisers saw sales fall 40% and drug stores saw a 6% decline in sales."
by satyr9us, Tue Feb 10, 2009 at 08:55:28 AM EST
crossposted at Daily Kos
My friends at Wake-Up Wal-Mart and I have seen something remarkable:
In what we might presume to be the most bone-headed, most egregious iteration yet of the right-wing media's effort to convince <del>us all</del> itself that Wal-Mart = America, and that those who fault the company are in fact terrist sympathizers who no doubt also hate baseball and apple pie, this weekend the New York Post provided us with a nearly three thousand-word manifesto on Wal-Mart's unassailable decency, penned by intrepid regurgitator Charles Platt.
Memeorandum featured it, some right-wing blogs slobbered over it, and Sadly, No! decisively slapped it.
But surely I'm being hyperbolic here! I mean, we have differences of opinion in this country, but it's not like anyone's comparing workers' rights advocates to the Taliban. Right?
by Natasha Chart, Tue Dec 30, 2008 at 01:32:18 AM EST
How about this ... we end corporate personhood or corporations have to be tried in criminal court when they kill or injure human beings.
For example, the Bhopaldisaster should perhaps have got Union Carbide the death penalty.
by satyr9us, Wed Oct 29, 2008 at 08:15:29 AM EDT
Al Norman's got an interesting piece on the pace of Walmart growth, over at Huffington Post
Wal-Mart holds a Wall St. analyst's meeting every October---right before Halloween---to announce its growth projection plans for the year. Wal-Mart opponents applauded the company's announcement this week that it would continue to slow down the production of new stores.
Even the Bentonville Behemoth's cheering section, aka the Murdoch Street Journal
, notes this trend in financial-speak:
Wal-Mart Stores Inc. (WMT) sees fiscal-year capital spending at the low end of its reduced expectations and said such expenditures might not increase next year. The retail giant continues to ratchet back its once-breakneck growth and focus on nurturing existing stores.
by satyr9us, Thu Aug 28, 2008 at 10:14:34 PM EDT
(Cross-posted at Daily Kos)
Alright-- this could descend into hyperbole way too easily.
But the fact is that Walmart is selling a bassinet that strangled 4 infants before it was recalled by the company that makes it-- and which has now killed two more, because it would be silly to take something off the shelves before you've exhausted the stock, after all.
The most recent death occurred last week on Thursday when six-and-a-half-month-old Kennedy Brotherton slipped between the mattress and the side railing after the mattress came loose from the frame, her aunt, Melissa Brotherton, told ConsumerAffairs.com in a phone interview.
Kennedy's body slipped through a space between the mattress and the railing until she dangled by her head on the lower bar of the railing and choked, according to Capt. Ron Copeland of the Shawnee Police Department in Kansas.