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The Wal-Mart revolution: how big-box stores benefit consumers, workers, and the economy
Author
Publisher
AEI Press
Publication Date
c2006
Language
English
Description
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Table of Contents
From the Book
Introduction : Wal-Mart and the big-box discount store revolution
Wal-Mart and its imitators : saints or sinners?
The genesis of the big-box revolution
The economic impact of Wal-Mart and other big-box stores
What should we do about Wal-Mart?
pt. I. Why Wal-Mart matters
1. The importance of retail innovations
The economic importance of retail trade
The discount revolution and consumer surplus
The supply side
Spillover effects, or "externalities"
Public attitudes concerning retail trade in America
Conclusions
2. Wal-Mart and its critics
The criticisms
The intensity of the rhetoric
Who are the critics?
Tactics of Wal-Mart's critics : litigation and legislative changes
Conclusions
; pt. II. The Wal-Mart revolution
3. A history of retail innovation in America before Wal-Mart
Retailing in America before Wal-Mart
Retailing at the beginning of the discount age
Conclusions
4. The Wal-Mart story
Retail trade growth since 1965 : an overview
Sam Walton
The growth of Wal-Mart
Conclusions
5. Imitators and innovators
The rise of big-box stores : Wal-Mart's competitors
Discount department stores and supercenters
Membership warehouses
Specialty big-box stores : home improvement
Specialty retailers : consumer electronics
Specialty stores : office supplies
Other specialty operators
The next generation of retailing?
Conclusions
; pt. III. Wal-Mart : good or bad?
6. Employment and wage effects of discount stores
Employment in retail trade
Employment effects of Wal-Mart
Are Wal-Mart workers underpaid?
Fringe benefits
Conclusions
7. Competition and communities
Some analysis of store openings
Findings of other scholarly researchers
Wal-Mart and its suppliers
Conclusions
8. Wal-Mart and the poor
Wal-Mart's customers
Implications for policy
Wal-Mart and public assistance
Conclusions
9. The discount revolution in broader economic context
Estimating broader economic effects : some issues
The big-box discount revolution and productivity change
Broader economic effects : social savings of modern discount stores
Conclusions
; pt. IV. The future of Wal-Mart
10. Wal-Mart and the world
The rise of big-box stores in Europe
International big-box firms
International big-box specialty stores
International purchasing by big-box operators
International labor standards : better life or more poverty?
Conclusions
11. Critiquing the critics
Assessing the criticisms of Wal-Mart and other big-box discounters
Conclusions
12. What should we do about Wal-Mart?
Policies relating to employee relations
Wal-Mart's impact on communities and the environment
Policies regarding globalization and overseas worker standards
Should Wal-Mart enter banking?
The other side of the coin : subsidizing Wal-Mart or other stores
Leveling the playing field : stop subsidizing Wal-Mart's critics
Appeasing the unappeasable : Wal-Mart's public relations campaign
The future of Wal-Mart and other big-box discounters
Conclusions.
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ISBN
9780844742441
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