Wal-Mart: Good or Bad?

Wal-Mart has effect America both good and bad, it has provided millions of jobs but it has also put many, mom and pops stores out of business and their demanded for low prices have forced many of their suppliers to move their factories to Asia, mainly China, in order to compete. Their low prices put for money in American’s pocket but at a heavy cost. Like Rubbermaid in the video many companies have suffered if they didn’t meet Wal-Mart’s price and because Wal-Mart’s main purpose is to sell at volume they can make the rules when it comes to buying, hurting companies. Wal-Mart’s one stop shopping gives American time that they would otherwise spend going to different stores, but like stated in the video the prices may not always be the lowest but the convenience of the one stop shopping is the positive. Wal-Mart has monopolized the 1 stop shopping market so much so that K-mart in the last couple years have suffered and has had to close many of their stores—again hurting America with even more job losses. Therefore, both sides have valid points and it depend on where our coming from whether you think Wal-Mart is good for America.