Wal-Mart’s CEO Lee Scott on Charlie Rose

Charlie Rose interviews Lee Scott, CEO of Wal-Mart.


Wal-Mart; The behemoth from Bentonville (a couple of book reviews)

Measuring the Wal-Mart effect;

"America is home to more Wal-Mart employees (1.3m) than high-school teachers. A typical store is manned by 150-350 people; the bigger “supercentres”, which sell groceries, employ 400-500. But even as Wal-Mart creates some jobs, it displaces others. What is the net effect? According to the company, “new businesses spring up near Wal-Marts and existing stores flourish as they take advantage of the increased customer flow to and from our stores.” Global Insight reckons that a 100,000 square-foot (9,300 square-metre) Wal-Mart creates 97 retail jobs, after the dust has settled, but destroys 30 in wholesale.”

For people outside the US, it is not very clear why there’s such a controversy about Wal-Mart in the States.


Powered by Movable Type 5.02

About this Entry

This page contains a single entry by Paul published on August 5, 2006 11:06 PM.

‘Free the Curricula, Free the Textbooks’- A Wikiality? was the previous entry in this blog.

Cost of Conflicts is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.