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The Real Cost Of Walmart's Discounts

Posted by: Abhijeet Chavan
Thanks to: Abhijeet Chavan
7 July 2003 - 10:00am

Why have nearly 200 communities fought to keep big-box stores out?

"Wal-Mart's nonunion, big-box stores drag down other workers' salaries, destroy downtown businesses, prevent smart-growth development and increase traffic congestion. What really surprised me though is that we, the taxpayers, end up subsidizing Wal-Mart stores by paying for the health and retirement needs of its workers.Wal-Mart has announced its intention to open 40 new supercenter stores -- each the size of four football fields -- in such fast-growing California suburban areas as Contra Costa County.But Contra Costa County has fought back."

Full Story: Wal-Mart discounts come at high cost
Source: Akron Beacon Journal, July 1, 2003
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The circumstances that many localities and planning departments are suffering in the current economic winter will no doubt generate stress on administrations and service levels. The economy, combined with the housing bubble, has dealt a double blow to local budgets and revenue streams.
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