Wal-Mart: The High Cost of Low Price

A new documentary, "Wal-Mart: The High Cost of Low Price" examines the effect that governmental subsidies to Wal-Mart have on local communities.
November 6, 2005, 9am PST | Brenda Meyer
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"The economic impact of these subsidies on small businesses is given a human face in one powerful segment of Robert Greenwald's new documentary, "Wal-Mart: The High Cost of Low Price". The sweetheart deals given to two Wal-Mart Supercenters in Hamilton, Missouri undermined Red Esry's four family-owned grocery stores. Esry watched his sales plunge as soon as the Supercenters opened -- he couldn't compete with Wal-Mart's prices and lost almost half of his business virtually overnight."

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Published on Tuesday, November 1, 2005 in Free New Mexican
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