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MAR 30, 2014 - Forbes

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Thank Goodness We Have Walmart If American Shoppers Are This Poor

It might be true that WalMart crushes the Mom and Pop competition by its arrival in a new area. It could be true that WalMart pays lower wages than other retailers and it's certainly true that they offer many more part-time jobs than most other retailers. However, on the other side of the ledger is the effect that those always low prices have on consumers. And as my colleague Laura Heller has pointed out, WalMart is sufficiently important to low income shoppers that a change in SNAP benefits can lead to WalMart reporting the potential effect in their corporate documentation. The ... Read More

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