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Author: cyberisme Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 310986  
Subject: Re: Why Walmart so good?(and other retailers) Date: 4/26/2003 7:55 PM
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The problem that I have with Wal-Mart is their lack of social responsibility in some areas. Kinder, Louisiana is one example.

In 1981, Wal-Mart moved into Kinder (population 2,608). They began sending their employees to the other stores in town to get lists of products and prices at those stores. They then began to offer the exact same products with lower prices. The other retailers eventually went out of business, at which time Wal-Mart stopped offering the products altogether. In 1990, they closed the store and left town, leaving a veritable ghost town in which over 1/3rd of the businesses had gone out of business because of Wal-Mart's tactics.

I find this unethical and refuse to shop there. I've never been in a Wal-Mart and I plan to never set foot in one.

Hum sounds to me like this didn't have anything to do with Walmart - it had more to do with the area. The area couldn't support anything and those other stores would have closed or gone under just the same.

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