Wal-Marts Marketplace Clout Essay Example | Topics and Well Written Essays - 500 words

Wal-Marts Marketplace Cl pop out - Essay ExampleIt is evidently clear from the interchange that Wal-Marts marketplace clout is tremendous. It controls about 30 pct of the households staples market. It sells 15 percent of all magazines and 15-20 percent of all CDs, DVDs, and videos. It is expected to soon control over 35 percent of U.S food for thought sales. Wal-Mart has risen to dominate the retail market through the bargain prices it offers to consumers. Due to its cost efficiencies, it has attained and the air pressure it places on suppliers make it affordable to give customers products at first base prices. As much as Wal-Mart offers low prices, not everyone loves it. It also has charges that criticize the retail behemoth. One, Wal-Marts buying power and cost-saving efficiencies force local rivals out of business, in turn disrupting local communities, costing jobs and injuring established business districts. Second, Wal-Mart pays low wages and is staunchly anti-union. Its se dulousness cost is 20 percent lower than that of unionized supermarkets. Moreover, its hard-line on costs has forced many an(prenominal) factories to move overseas, resulting in sacrificing American jobs and thus, holds wages down. Government welfare program subsidizes Wal-Marts poverty train wages. One congressional report shows that a two hundred employee store costs the government a fortune that is housing assistance, children healthcare, and tax credits are paid by the government. Lastly, as Wal-Mart grows and its competitors fall by the wayside, consumers choice narrows and the retail exert even greater power as a heathenish censor. For instance Wal-Mart wont carry computer games and music with the mature rating. Therefore, the big music companies confer it with sanitized versions of explicit CDs that they supply to the radio stations, and that are sold elsewhere. The retailer has also removed drab magazines, such as FHM and Maxim, from its racks and it obscures the cover of Glamour, Cosmopolitan, and Redbook.