2/14/2005

Low prices, but at what cost?

Some interesting facts to share about Wal-Mart:
Wal-Mart sales clerks made an average of $8.23 an hour—or $13,861 a year—in 2001. That's nearly $800 below the federal poverty line for a family of three. (Source: Business Week)
In Georgia, Wal-Mart employees are six times more likely to rely on state-provided health care for their children than are employees of any other large company. (Source: Atlanta Journal-Constitution)
Reliance on public assistance programs in California by Wal-Mart workers costs the state's taxpayers an estimated $86 million annually. (Source: UC Berkeley Study)
In the first decade after Wal-Mart arrived in Iowa, the state lost 555 grocery stores, 298 hardware stores, 293 building supply stores, 161 variety stores, 158 women's apparel stores, 153 shoe stores, 116 drugstores, and 111 men's and boys' apparel stores. (Source: Iowa State University Study)
Every year Wal-Mart purchases $15 billion worth of products from China. (Source: Washington Post)
Today Wal-Mart uses over 3,000 Chinese factories to produce its goods—almost as many factories as it has stores in the U.S. (3,600). (Source: L.A. Times)
All else being equal, U.S. counties where new Wal-Mart stores were built between 1987 and 1998 experienced higher poverty rates than other U.S. counties. (Source: Pennsylvania State University Study)

To find out more and help spread the word, view the PurpleOcean.org Wal-Mart resources page at:
http://walmart.purpleocean.org/

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