Wal-Mart
Have you ever been to Wal-Mart? You might have been to Wal-Mart and bought some things. As we know, Wal-Mart is the biggest retailer in the U.S. and that store has kept a rich assortment of goods in stock and that store sells at the lowest possible price. According to USA TODAY’s article (2003, par. 3), “Wal-Mart is the top seller of groceries, jewelry and photo processing. It is creating more of its own brands. Some, such as Ol’ Roy dog food and Equate vitamins, quickly became the USA’s top sellers. It is moving into banking, used car sales, travel and Internet access. It averages 100 million customers a week. That’s 88.5 million more people than U.S. airlines fly in a week”. Wal-Mart is monopolizing the distribution industry throughout the U.S. According to USA TODAY’s article (2003, par. 1), “Wal-Mart’s influence on the U.S. economy has reached levels not seen by a single company since the 19-century rise of Standard Oil, economists and historians say”. I think that some keys of success are that Wal-Mart is conveniently situated and that place met the needs of the times.
I agree with Wal-Mart’s buying land in Jackson County and planning on building a new super center in the Carbondale-Murphysboro area. In fact, Wal-Mart gives Carbondale’s people an increase in the quality of life because it is one of the big companies, known for taking of new post of engagements, developing of an urban economy, and offering chances of a large selective buying.
First of all, Carbondale citizens will take up a new occupation. Because Wal-Mart is the biggest retailer in the United States, many kinds of small towns’ people have to get some jobs in Wal-Mart. According to Hoeniig’s article (2004, par. 16), “In 2005, Wal-mart created 125,000 U.S jobs, and is continuously adding thousands each month” (Capitalism Magazine). People in Carbondale-Murphysboro can find many kinds of new jobs because of Wal-Mart.
Next, Carbondale can make developing of urban economy. Since a new Wal-Mart is being built in Carbondale-Murphysboro, the urban economy in Carbondale can make profit from a new big company, more than from a local body in Carbondale, and can invest their money in urban planning. According to Hoening’s article (2004, par. 17), “The truth is that all Wal-Mart does is provide low prices, serve communities with long hours, employ thousands of people and pay millions of taxes – over $61 million in the state of Illinois alone” (Capitalism Magazine). Wal-Mart helps economic development in Carbondale.
Finally, people in Carbondale can make the chances of a large selective buying. Wal-Mart seeks to supply us with goods and to sell cheaply all kinds of stocks so that people can save a lot of money and they also can buy stocks with a good quality. According to Locke’s article (2004, par. 7), “We should thank this great company for being so good at giving customers what they want that they make huge profit, which enables them to build more stores, hire more employees, give more profit opportunities to suppliers and make even more customers happy” (Capitalism Magazine). According to Hoenig’s article (2004, par. 6), “The company’s “low price guarantee” shouldn’t be dismissed as a marketing catchphrase: estimates suggest the average Wal-Mart can save a family over $2,000 a year compared to shopping at higher priced alternatives” (Capitalism Magazine). Therefore, people in Carbondale can make a choice of various stocks and they also can increase the quality of life.
In conclusion, Wal-Mart is huge company in the U.S and it has kept a rich assortment of goods in stock and it also has sold at the lowest possible price. Therefore, I agree with Wal-Mart’s planning on building a new super center in the Carbondale-Murphysboro area because it gives us the taking of new posts of engagements, developing of urban economy, and chances of a large selective buying.
Reference
Hoenig, J. (2004, February). Welcome Wal-Mart. Capitalism Magazine. Retrieved November 29, 2007 from www.capmag.com/article.asp?ID=4561
Locke, E. (2004, February). Three Cheers for Wal-Mart. Capitalism Magazine. Retrieved November 29, 2007 from www.capmag.com/article.asp?ID=3534
Wal-Mart's influence grows. (2003, January). USATODAY. Retrieved November 29, 2007 from www.usatoday.com/money/industries/retail/2003-01-28-walmartnation_x.htm
Thursday, November 29, 2007
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