Wal-Mart Walks Away
Good news for New York City - Wal-Mart is picking up it's ball and going home. From the New York Times:
Frustrated by a bruising, and so far unsuccessful battle to open its first discount store in the nation's largest city, Wal-Mart's chief executive said yesterday, "I don't care if we are ever [in New York City]."
And Lee has a childish explanation for why Wal-Mart has failed in New York City:
But as Mr. Scott sees it, there is another reason Wal-Mart has such a hard time making inroads into some of the nation's biggest enclaves. Speaking about what he sees as snobbish elites in New York and across the country, Mr. Scott added, "You have people who are just better than us and don't want a Wal-Mart in their community."
Or maybe it's Wal-Mart's poverty wages. It could be Wal-Mart's policy of pushing workers onto public assistance instead of providing real benefits. It's definitely the way Wal-Mart uses its size to undercut local businesses and drive them under to eliminate competition. Don't forget the gender-discrimination lawsuit against Wal-Mart. There's also Wal-Mart's punitive sick leave policies, where a worker can be fired for taking care of a sick child. Frankly, when you're talking about reasons to not want Wal-Mart in your community, it's a pretty long list.
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