Consumer Goods Industry - History, Small Business, Labor Economics, Human Resources, Consumer Industries
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Overview
The largest company in the world by far, Wal-Mart takes in revenues in excess of $280 billion, employs 1.4 million American workers, and controls a large share of the business done by almost every U.S. consumer-product company. More than 138 million shoppers visit one of its 5,300 stores each week. But, as recent news stories show, Wal-Mart's "everyday low prices" come at a tremendous cost to workers, suppliers, competitors, and consumers.The definitive portrait of the juggernaut that is reshaping American, The Bully of Bentonville exposes the zealous, secretive, small-town mentality that rules Wal-Mart and chronicles its far-reaching consequences. In a gripping, richly textured narrative, Anthony Bianco shows how Wal-Mart has driven down retail wages throughout the country, even as their substandard pay and meager health-care policy have led to a double-digit employee turnover; why their aggressive expansion inevitably puts locally owned stores out of business; and how their pricing policies have forced suppliers to outsource work and move thousands of jobs overseas. Their power even influences what Americans can read, watch, and listen to; in the name of protecting its customers, Wal-Mart bans "racy" magazines and insists on sanitized versions of popular DVDs and CDs.
Based on countless interviews with Wal-Mart employees, managers, executives, competitors, suppliers, customers, and community leaders, The Bully of Bentonville illuminates the story-behind-the-headlines and brings the truths about Wal-Mart into sharp focus.
From the Hardcover edition.
Editorials
From Barnes & Noble
In business, there is big; really big; and then there's Wal-Mart. The size of the Arkansas-based retailer staggers the imagination: Annual sales in the U.S. alone top $285 billion; income in this country exceeds $10 billion. If Wal-Mart were a country, it would rank 20th in the world in GDP. And it's still expanding: In just one week during December 2005, it added 50,000 jobs and 545 stores to its worldwide network. Senior BusinessWeek writer Anthony Bianco offers a sobering assessment of the real effect of this retail behemoth on the people it intends to serve.Library Journal
BusinessWeek senior writer Bianco shows how Wal-Mart hurts not just its workers-whose low wages and high turnover are legendary-but American society. Copyright 2005 Reed Business Information.Book Details
Published
February 14, 2006
Publisher
Crown Publishing Group
Pages
304
ISBN
9780385517607