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"A study at Loyola University that tracked the economic effect that a West Side Chicago Wal-Mart had on a local community found that within two years, 82 local businesses had closed their doors, Steven Barrison, executive vice president of the Small Business Congress of New York City wrote in Wednesday's New York Daily News. He also pointed to a separate study, "The Effects of Walmart on Local Labor Markets," which found that “for every two jobs Wal-Mart ‘creates,’ three local jobs are destroyed.â€
Read more: http://www.portfolio.com/views/blog...mart-is-bad-for-small-business/#ixzz1nEZ879kV
Read more: http://www.portfolio.com/views/blog...mart-is-bad-for-small-business/#ixzz1nEZ879kV