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Tags: wal-mart, shopping, corporation, monopoly, economy, money, grocery, store

IdealMouth.Com dug up a few incriminating facts you didn't know about Wal-Mart that might affect your decision to continue shopping there.

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  • Their prices aren't lower. An Arkansas newspaper measured Wal-Mart against other stores using the prices of 19 household items. Wal-Mart was cheapest for only two items.
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  • When a new Wal-Mart is built, they lower their prices below that of their local competitors. Once those local competitors are out of business, Wal-Mart prices begin to rise.
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  • One half of Wal-Mart's employees qualify for food stamps.
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  • Only 40% of Wal-Mart employees can afford the health care plan offered. If they do not qualify, health care is usually paid for by the government, taking more money out of the American people's pocket.
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  • Wal-Mart has liability insurance, but there is no medical pay out. An injured person is forced to sue Wal-Mart to collect medical expenses, lost wages and legal expenses. Wal-Mart chooses to spend tax dollars in court rather than pay the entire medical expenses of injured parties.
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  • Wal-Mart buys enough of a product to become the major source of income for its suppliers, then forces the suppliers to lower their prices. The only way companies can reach these lower prices is to move manufacturing jobs out of the U.S. into foreign sweatshops. Levi, Heinz, and Vlasic have all faced this problem.
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  • Garments carrying a "Made in the USA" label generally indicate products made by American workers protected by U.S. labor laws, but some of Wal-Mart’s “American made” products are made in sweatshops in Saipan, a U.S. territory not subject to labor laws.
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  • Workers in Honduras work 88-hour weeks in 14 hour shifts, making 43 cents an hour, which only meets 54% of the cost of survival.
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  • The National Labor Relations Board has ruled that Wal-Mart has threatened and penalized employees attempting involvement in unions.
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  • Despite greater average seniority and higher average performance ratings than her male counterpart, the average woman’s salary is proportionally lower as she moves up the ladder.
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  • The average time from date of hire until first promoted to Assistant Manager is 4.38 years for women, but only 2.86 years for men.
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  • The median income of a Wal-Mart employee is about $12,000 as opposed to the national median income of $25-30,000

    Lister: ListAfterList Wiki Contributors
    Source: IdealMouth.Com

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