Walmart: the High Cost of Low Price

Wal-Mart: The High Cost of Low Price

Wal-Mart has become one of the most successful and powerful retail chains by offering everyday goods at low prices. It currently employs more than a million of employees. People go to Wal-Mart because they can find bargains items where they might have to pay more elsewhere. Wal-Mart creates no hassling shopping experience where you can find everything you would possibly need in one place at a reasonable price. However, it was not easy for Wal-Mart to be able to provide great buys at low price. Wal-Mart has the reputation of being careless and an immoral company that neglects their own employees with low wages and expensive health care insurance as I saw from Wal-Mart: The High Cost of Low Price documentary. According to Robert Greenwald’s documentary, Wal-Mart is the one that responsible for what is wrong with it; however, Wal-Mart can reform its business practices with paying more attentions to its employees and customers rather than maximizing profit.

Wal-Mart is the one that responsible for what is wrong with in the company. The company is eventually affecting other people’s life in so many ways. For example: H&H Hardware, a store located in Middlefield, a locally owned business that has been driving away because of Wal-Mart appearance. Before Wal-Mart came to Ohio, H&H Hardware store is very successful business in town. This business build by Hunter family fifty years ago that eventually turned it into a rather profitable store. We hear the success that Hunter family has created, and we find out how he is handing it down to his son so that he and his family can have a nice life without having to worry about financial issues. And then, we find out that Wal-Mart is moving into town. Just a few months later, H&H Hardware has closed its doors for the last time because they cannot compete with Wal-Mart. In addition, Wal-Mart is also accused of setting a bad example for American companies by squeezing producers for low...