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I’m not criticizing you at all for shopping there, millions of Americans do. But, the money you save there, yes it goes back into the economy. But what about all the money you spend there?
The money you spend at Wal-Marts has a much lower local economic return value than at many other shopping outlets. That's mainly because of limiting vendors profit margins (through strong arm techniques as mentioned above) and outsourcing.
I have no room to talk though, as I shop at Sam’s because they have VERY good steaks!
This is they way I look at it...
If Sam Walton found a way to turn a buck....millions of them by the way, more power to him. That's the American dream. He found it.
If a vendor doesn't want to do business with them, they don't have to.
I work for a local government that deals with a number of children's programs...Walmart is ALWAYS the 1st to donate either giftcards or prizes to these programs. No little $10.00 ones either.
WalMart also was a leading factor in the $4.00 prescriptions.
If we're all totally honest, most of the items in the stores are grossly over-priced in the first place so Walmart getting them at a reduced price enables the consumer to get them at a reduced price. Which puts more money back in my pocket which puts more money in the local economy.
There's one in Kearny and one in Secaucus. Those places arent too far are they?
Ah, yeah I looked them up. Not far, but you need a car to get there, and traffic out to the Meadowlands is not kind most days. I spent an hour trying to get to a furniture store in Secaucus on a Sunday a few weeks ago.
I get by OK without Wal-Mart, though. There's a Target near the light rail line, and a BJ's club. Two blocks from my apartment is a C.H. Martin Store. It's like Wal-Mart meets Dollar Tree in the ghetto.
While in Greenville, SC there is like 8 within the county (pop 430k: Simpsonville [14k two of them, one is built, the other u/c] Greer, Greenville [3], Travelers Rest, Taylors, and I believe they have another one planned)!!!
In Greenville, NC we have one with a 2nd one planned!!!
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