Wal-Mart: The High Cost of Low Price

A new documentary, "Wal-Mart: The High Cost of Low Price" examines the effect that governmental subsidies to Wal-Mart have on local communities.

1 minute read

November 6, 2005, 9:00 AM PST

By Brenda Meyer

"The economic impact of these subsidies on small businesses is given a human face in one powerful segment of Robert Greenwald's new documentary, "Wal-Mart: The High Cost of Low Price". The sweetheart deals given to two Wal-Mart Supercenters in Hamilton, Missouri undermined Red Esry's four family-owned grocery stores. Esry watched his sales plunge as soon as the Supercenters opened -- he couldn't compete with Wal-Mart's prices and lost almost half of his business virtually overnight."

FULL STORY: Wal-Mart and you: How your tax dollars subsidize the world's largest corporation

Tuesday, November 1, 2005 in Free New Mexican

Community / Economic Development Government / Politics United States

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