The Mudcat Café TM
Thread #94165   Message #1847984
Posted By: Old Guy
02-Oct-06 - 12:13 AM
Thread Name: BS: Has Walmart been defeated?
Subject: RE: BS: Has Walmart been defeated?
DF:

Yes, You are right it is RD that keeps asking questions and refusing to answer questions. I apologize for that

You however have posted nothing but Ad Hominem attacks.

Except for a few things that are non-factual:

"other businesses in the areas they invade"
Sometimes there are no other reatilers in the areas they open in and act as a magnet for small businesses.

Examples:

When Hartford, Connecticut, tore down a blighted housing project, city officials hatched an innovative plan to redevelop the land: lure Wal-Mart there, entice other retailers with the promise of being near the discount giant, and then use the development's revenues to build new housing. Wal-Mart, after some convincing, agreed, and city officials and neighborhood residents celebrated a big win "better shopping, more jobs, and new housing in one of Americas poorest cities.

Wal-Mart to build in blighted areas


API Apr. 5, 2006

Wal-Mart Stores Inc., often accused by critics of harming local businesses, announced Tuesday that it plans to build more than 50 stores in struggling neighborhoods over the next two years to create jobs and help small establishments.

Chief Executive Lee Scott said the new stores would generate 15,000 to 25,000 jobs and be located in neighborhoods with high crime or unemployment rates, on sites that are environmentally contaminated, or in vacant buildings or malls in need of revitalization.

Ten of those stores will anchor "Wal-Mart Jobs and Opportunity Zones" that will help local businesses, especially minority and women-run enterprises, with free advertising, grants to local chambers of commerce and seminars and advice on doing business near Wal-Mart and with Wal-Mart. The move is part of what Wal-Mart calls an effort to be a better community partner.

Scott said Wal-Mart already has a record of saving consumers money and supporting local charities but now wants to foster local small businesses.

"We see that we can be better for communities than we have been in the past," Scott told reporters on a conference call after visiting a new Chicago store that will anchor the first such zone. The other nine sites will be announced later this year.

Scott said the new stores will all go into big metro areas, where Wal-Mart is starting to expand after building its base in mainly rural areas.

Wal-Mart already has plans to open 335 to 370 U.S. stores this year after 341 last year and has said it sees room for more than 1,500 additional stores in the United States in the coming years, on top of nearly 3,200 it already operates.