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One Nation Under Walmart
Transcript of One Nation Under Walmart
Under Wal-Mart Case 4.5 Wal-Mart At A Glance: Marketplace Control: Harmful to Locals: The Workers: Retail Supremacy: The Workers: - world's largest company - 30% household staples - Dial: 28%
- Del Monte: 24%
- Revlon: 23% - Famous for being a one-stop-shop. - forces rivals out of business
> costs local jobs
> disrupts communities - extremely low wages
> average sales clerk makes $8.23/h - a 200 employee store costs Wal-Mart:
> $42,000 in housing assistance
> $108,000 in children's healthcare
> $125,000 in tax credits/deductions Big Chunk of Business: * responsible for 10% of all
goods imported from China - It's convenience and bargain prices have
lead to it's success. - Pressures it's suppliers to lower their prices
so that it too can maintain low prices. - The more Wal-Mart grows, the more it is
able to reduce prices for its customers. - there are over 4,750 stores nation wide - approx. 138 million shoppers per week - 82% of American households buy at
least one thing from Wal-Mart per year - 15% of all magazines - 15-20% all CD's, DVD's, videos * expected to reach over 35% of
all U.S food sales in the near future - 5 years after a Wal-Mart Supercenter opens, 2 other supermarkets close - insists on tax breaks so their presence
does little to benefit local tax revenue - - over 1.4 million employees - most don't have company health insurance - employee turnover rate: 44% per year - have different strategies to lower costs
> hire more part-time workers
> discourage unhealthy/aged workers * roughly 46% of worker's children are
uninsured or on Medicaid Cultural Censor: - as Wal-Mart loses competitors, consumer
choices narrow - won't carry video/computer games or any music
with mature ratings
> music companies supply Wal-Mart with
sanitized versions of the explicit entertainment
that may be sold elsewhere - won't sell "racy" magazines
> FHM, Maxim, Playboy, etc. - the only top 10 drug chain to refuse
Preven, a morning after pill Discussion: - Do you think Wal-Mart treatment of workers in
order to reduce spending is immoral? - What is your opinion of Wal-Mart? - Do you think Wal-Mart's growing presence in
urban areas is positive or negative for society - Is it unethical to sell various weapons and
firearms, but refuse to sell a morning after pill?