Sprawl-Busters Newsflash Blog - Anti-Sprawl news since 1998.
Subscribe to Sprawl-Busters Blog Follow Sprawl Busters on Twitter
Occupy Walmart & Order Al's Books Movies Newsflash! The Case Against Sprawl Home Towns Not Home Depot Victories Your Battles About Us Contact Us  

recent news

List articles
by the month:

2018
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2017
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2016
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2015
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2014
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2013
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2012
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2011
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2010
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2009
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2008
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2007
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2006
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2005
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2004
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2003
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2002
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2001
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

2000
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

1999
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC

1998
JAN FEB MAR
APR MAY JUN
JUL AUG SEP
OCT NOV DEC


Search database by text:

2002-01-02
Bentonville, AR. 75,000 New Jobs At Wal-Mart?

Myths tend to grow larger the more frequently they are repeated. On January 2nd, CBS Marketwatch reported that "Wal-Mart, the Number 1 private sector job source, said it's creating 75,000 new positions by adding 46 million square feet of new retail space in 2002." But just one day before, Reuters news service had a story closer to the truth, about potential retail closures this year. Reuters wrote: "Wal-Mart has managed to snag market share from other retailers, grocery chains and drugstores in the shrinking U.S. economy." Wal-Mart cannot be "snagging" market share from other retailers, and simultaneously be creating "new" jobs. When Montgomery Wards went belly up, or JC Penny's, Bradlees, Caldors and Ames shut down hundreds of stores, it was a clear case of shifting market share, not job generation. New jobs in old aprons -- that's Wal-Mart's specialty. Yet economic reporters like CBS Marketwatch, don't seem to watch closely where the jobs are going. This is a typical example of fuzzy math, or what I have called elsewhere "sprawl math". Wal-Mart snags jobs from other retailers, and gets praised by CBS for being a "job source". It's just voodoo economics, but local officials believe this stuff, reporters believe this stuff, and Wal-Mart repeats the myth in its press releases. The truth about Wal-Mart lies in my favorite company quote: "At Wal-Mart, we make dust, our competitors eat dust." 75,000 jobs? Don't count on it.

What you can do: For more information about the myth of discount retail job creation, see the book "Slam Dunking Wal-Mart: How You Can Stop Superstore Sprawl in Your Hometown." Or search this newsflash database using the words "jobs" or "Montgomery Ward" or "Caldor".










 
 
"Norman has become the guru of the anti-Wal-Mart movement" ~ 60 Minutes

info@sprawl-busters.com
Strategic Planning ~ Field Operations
Voter Campaigns 
21 Grinnell St, Greenfield ~ MA 01301
(413) 772-6289