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The world's largest retailer, Wal-Mart takes in revenues in excess of $280 billion, employs 1.4 million American workers, and controls a large share of the business done by almost every U.S. consumer-product company. More than 138 million shoppers visit one of its 5,300 stores each week. However, it is argued that Wal-Mart’s “everyday low prices” come at a tremendous cost to workers, suppliers, competitors, and consumers.
In a gripping, richly-textured narrative, author Anthony Bianco shows how Wal-Mart has driven down retail wages throughout the country, how their substandard pay and meager health-care policy and anti-union mentality have led to a large scales exploitation of workers, why their aggressive expansion inevitably puts locally owned stores out of business, and how their pricing policies have forced suppliers to outsource work and move thousands of jobs overseas.
Based on interviews with Wal-Mart employees, managers, executives, competitors, suppliers, customers, and community leaders, this book continues the debate about Wal-Mart's controversial business practices.