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Published byNancy Porter Modified over 6 years ago
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THE EFFECT Key & misinterpreted facts from: Charles Fishman’s ‘The Wal-Mart Effect’, 2006
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MEET The world’s largest public corporation by revenue
The largest private employer in the world The largest grocery retailer in the USA The largest toy seller in America Each year 93% of the American households do shopping in some Wal-Mart store at least once In 2006 around 7,2 billions of people will enter some of the Wal-Mart stores
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Wal-Mart was criticized by:
MEANWHILE Wal-Mart was criticized by: Women’s rights groups Grassroots organizations Labor unions Community groups…
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Wal-Mart was criticized for:
MEANWHILE Wal-Mart was criticized for: Extensive foreign product sourcing Low rates of employee health insurance enrollments Resistance to union representation Alleged sexism…
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GROWTH 100 Wal-Mart stocks bought in and kept for 15 years have a value of USD 100 Wal-Mart stocks bought in and kept for 20 years have a value between and mln USD 100 Wal-Mart stocks bought in 1981 and kept for 15 years have a value of USD BUT… 100 Wal-Mart stocks bought in 1990 and kept for 15 years have a value of USD (because Wal-Mart have hired thousands of new employees)
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SO SIMPLE If you sell something at a really low price…
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SO SIMPLE Wal-Mart will sell it even cheaper…
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She has worked at garment factory in Bangladesh
THIS IS ROBINA AKTHER She has worked at garment factory in Bangladesh
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She has sewed clothing for Wal-Mart…
THIS IS ROBINA AKTHER She has sewed clothing for Wal-Mart… …working hours a day
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Her wage was 14 cents / hour
THIS IS ROBINA AKTHER Her wage was 14 cents / hour
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THIS IS ROBINA AKTHER If she doesn’t sew 120 pants in an hour, her supervisor will beat her with the textile
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THIS IS ROBINA AKTHER If she works like this for 50 years, she will earn a total of USD. The Wal-Mart profit for 2005 is USD…
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THIS IS ROBINA AKTHER If she works like this for 50 years, she will earn a total of USD The Wal-Mart profit for 2005 is USD… … in a minute.
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WHERE THIS POWER COMES FROM?
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The Wal-Mart effect begins and ends in the store, while we do shopping.
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This power comes from us.
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Think before you go shopping in Wal-Mart next time.
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Hristo Radichev
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