What the Numbers Say About Wal-Mart

From Macleans.ca: “For a small but vocal constituency in Canada, Wal-Mart is the very epitome of corporate excess — a company so rapacious, so heartless, that it must be resisted at every opportunity. It’s no exaggeration to say Wal-Mart has endured more public vilification over the past five years than any other company in the world, with the possible exception of Halliburton. And yet, it keeps growing and thriving. How can that be?

Earlier this month Heather Mallick, writing on the CBC website, rehashed all the elements of the typical anti-Wal-Mart diatribe that has appeared dozens of times in various media over the past decade. Mallick was responding to a plan to build a Wal-Mart near her east Toronto neighbourhood, and decided to check out the behemoth by taking a fact-finding excursion to “a dire area called Scarborough.” Her objections include the fact that Wal-Mart’s clothes do not live up to her standards for style and quality, and that its artificial flowers aren’t as nice as the silk ones she likes to buy. Then there’s CEO Lee Scott’s “psychotic” and “obsessive” focus on selling for the lowest possible price.” What the numbers say about Wal-Mart

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