Wal-Mart Effect

Wal-Mart Effect

The economic impact felt by local businesses when a large firm such as Wal-Mart opens a location in the area. The Wal-Mart effect usually manifests itself by forcing smaller retail firms out of business and reducing wages for competitors' employees. Many local businesses oppose the introduction of Wal-Marts into their territories for this reason.

The Wal-Mart effect is not all bad; it can also curb inflation and help to keep employee productivity at an optimum level. The chain of stores can save consumers billions of dollars, but may also reduce wages and competition in an area.


Investment dictionary. . 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Wal-Mart effect — n. The economic effects attributable to the Wal Mart retail chain, including local effects such as forcing smaller competitors out of business and driving down wages, and broader effects such as helping to keep inflation low and productivity high …   New words

  • Wal-Mart — Infobox Company company name = Wal Mart Stores, Inc. company company type = Public (nyse|WMT) company slogan = Save Money, Live Better.(U.S.) We sell for less! (Canada) foundation = 1962 founder = Sam Walton location = Bentonville, Arkansas area… …   Wikipedia

  • Эффект Wal-Mart — Эффект Wal Mart  экономическое явление, связанное с распространением сети Wal Mart в США. Специалисты отмечают такие положительные моменты, как появление у потребителей, живущих в небольших городах, товаров по доступным ценам и создание… …   Википедия

  • Criticism of Wal-Mart — Wal Mart has been subject to criticism by various groups and individuals. Labor unions, community groups, grassroots organizations, religious organizations, and environmental groups protest against Wal Mart, the company s policies and business… …   Wikipedia

  • Mauldin v. Wal-Mart Stores, Inc. — Mauldin v. Wal Mart Stores, Inc. was a sexual discrimination class action lawsuit filed on October 16, 2001, in the United States District Court for the Northern District of Georgia, seeking back pay and an injunction. It was most notable because …   Wikipedia

  • Wal-Martian — (wawl.MAR.shun) n. 1. A person who does most of their shopping at Wal Mart. 2. A person who works at Wal Mart. Also: walmartian. adj. Relating to such a person. Example Citation: Having conquered America, [Wal Mart] has set its sights on the rest …   New words

  • CNN effect — (SEE.en.en uh.fekt) n. The negative effect on the economy caused by people staying home to watch CNN or some other news source during a crisis such as a war. Example Citation: Analysts will pay close attention to any outlook from retailers about… …   New words

  • Ikea effect — n. Increased feelings of pride and appreciation for an object because it has been self made or self assembled. Also: IKEA effect. Example Citations: Across four new studies, researchers from Harvard, Duke and Tulane University find that… …   New words

  • Streisand effect — n. The widespread dissemination of information caused by an attempt to suppress that information. Also: Barbra Streisand effect. Example Citations: The Digg DVD donnybrook is the latest example of what s come to be called the Streisand effect, in …   New words

  • CSI effect — n. The unrealistically high expectations some jurors have for the prosecution s case in a criminal court proceeding, particularly when those expectations are created by exposure to forensic oriented TV shows. Also: CSI factor, CSI syndrome.… …   New words

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”