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  • Key & Misinterpreted Facts From: Charles Fishman's The Wal-Mart Effect', 2006

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    The world's largest public corporation by revenue $ the largest private employer in the world $ the largest grocery retailer in the USA $ the largest toy seller in the us $ Each year 93% of the American households do shopping in some of The Wal-Mart stores at least once $ in 2006 around 7,2 billions of people will enter some of The Wal-Mart stores. Wal-mart was criticized for: + Extensive foreign product sourcing + low rates of employee health insurance enrollments + Resistance to union representation +

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    The world's largest public corporation by revenue $ the largest private employer in the world $ the largest grocery retailer in the USA $ the largest toy seller in the us $ Each year 93% of the American households do shopping in some of The Wal-Mart stores at least once $ in 2006 around 7,2 billions of people will enter some of The Wal-Mart stores. Wal-mart was criticized for: + Extensive foreign product sourcing + low rates of employee health insurance enrollments + Resistance to union representation +

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    28 views18 pages

    Key & Misinterpreted Facts From: Charles Fishman's The Wal-Mart Effect', 2006

    Uploaded by

    Va Dim
    The world's largest public corporation by revenue $ the largest private employer in the world $ the largest grocery retailer in the USA $ the largest toy seller in the us $ Each year 93% of the American households do shopping in some of The Wal-Mart stores at least once $ in 2006 around 7,2 billions of people will enter some of The Wal-Mart stores. Wal-mart was criticized for: + Extensive foreign product sourcing + low rates of employee health insurance enrollments + Resistance to union representation +

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    of 18

    THE

    EFFECT

    Key & misinterpreted facts from: Charles Fishmans The Wal-Mart Effect, 2006

    MEET
    $ The worlds largest public corporation by revenue $ The largest private employer in the world $ The largest grocery retailer in the USA

    $ The largest toy seller in America


    $ Each year 93% of the American households do shopping in some Wal-Mart store at least once $ In 2006 around 7,2 billions of people will enter some of the Wal-Mart stores

    MEANWHILE Wal-Mart was criticized by:


    Womens rights groups
    Grassroots organizations Labor unions Community groups

    MEANWHILE Wal-Mart was criticized for:


    Extensive foreign product sourcing Low rates of employee health insurance enrollments Resistance to union representation Alleged sexism

    GROW

    TH

    100 Wal-Mart stocks bought in 1970-1981 and kept for 15 years have a value of 150 000 USD 100 Wal-Mart stocks bought in 1970-1981 and kept for 20 years have a value between 300 000 and 1 700 000 mln USD 100 Wal-Mart stocks bought in 1981 and kept for 15 years have a value of 340 000 USD

    BUT
    100 Wal-Mart stocks bought in 1990 and kept for 15 years have a value of 20 000 USD (because Wal-Mart have hired thousands of new employees)

    SO SIMPLE

    If you sell something at a really low price

    SO SIMPLE

    Wal-Mart will sell it even cheaper

    THIS IS ROBINA AKTHER


    She has worked at garment factory in Bangladesh

    THIS IS ROBINA AKTHER


    She has sewed clothing for Wal-Mart working 12-14 hours a day

    THIS IS ROBINA AKTHER


    Her wage was 14 cents / hour

    THIS IS ROBINA AKTHER


    If she doesnt sew 120 pants in an hour, her supervisor will beat her with the textile

    THIS IS ROBINA AKTHER


    If she works like this for 50 years, she will earn a total of 16 200 USD.

    The Wal-Mart profit for 2005 is


    19 597 USD

    THIS IS ROBINA AKTHER


    If she works like this for 50 years, she will earn a total of 16 200 USD

    The Wal-Mart profit for 2005 is


    19 597 USD in a minute.

    WHERE THIS POWER COMES FROM?

    The Wal-Mart effect begins and ends in the store, while we do shopping.

    This power comes from us.

    Think before you go shopping in

    Wal-Mart next time.

    Hristo Radichev

    Hristo.Radichev@mail.bg http://KonxOmpax.Wordpress.com

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