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| Additional Physical Format: | Online version: Vedder, Richard K. Wal-Mart revolution. Washington, D.C. : AEI Press ; Blue Ridge Summit, PA : Distributed to the trade by National Book Network, c2006 (OCoLC)654574764 |
|---|---|
| Material Type: | Internet resource |
| Document Type: | Book, Internet Resource |
| All Authors / Contributors: |
Richard K Vedder; Wendell Cox |
| ISBN: | 9780844742441 0844742449 |
| OCLC Number: | 76073715 |
| Description: | xvi, 210 p. : ill. ; 23 cm. |
| Contents: | List of illustrations -- Preface -- Introduction : Wal-Mart and the big-box discount store revolution -- Wal-Mart and its imitators : saints or sinners? -- The genesis of the big-box revolution -- The economic impact of Wal-Mart and other big-box stores -- What should we do about Wal-Mart? -- pt. 1. Why Wal-Mart matters -- 1. The importance of retail innovations -- The economic importance of retail trade -- The discount revolution and consumer surplus -- The supply side -- Spillover effects, or "externalities" -- Public attitudes concerning retail trade in America -- Conclusions -- 2. Wal-Mart and its critics -- The criticisms -- The intensity of the rhetoric -- Who are the critics? -- Tactics of Wal-Mart's critics : litigation and legislative changes -- Conclusions. pt. 2. The Wal-Mart revolution -- 3. A history of retail innovation in America before Wal-Mart -- Retailing in America before Wal-Mart -- Retailing at the beginning of the discount age -- Conclusions -- 4. The Wal-Mart story -- Retail trade growth since 1965 : an overview -- Sam Walton -- The growth of Wal-Mart -- Conclusions -- 5. Imitators and innovators -- The rise of big-box stores : Wal-Mart's competitors -- Discount department stores and supercenters -- Membership warehouses -- Specialty big-box stores : home improvement -- Specialty retailers : consumer electronics -- Specialty stores : office supplies -- Other specialty operators -- The next generation of retailing? -- Conclusions-- pt. 3. Wal-Mart : good or bad? -- 6. Employment and wage effects of discount stores -- Employment in retail trade -- Employment effects of Wal-Mart -- Are Wal-Mart workers underpaid? -- Fringe benefits -- Conclusions -- 7. Competition and communities -- Some analysis of store openings -- Findings of other scholarly researchers -- Wal-Mart and its suppliers -- Conclusions -- 8. Wal-Mart and the poor -- Wal-Mart's customers -- Implications for policy -- Wal-Mart and public assistance -- Conclusions -- 9. The discount revolution in broader economic context -- Estimating broader economic effects : some issues -- The big-box discount revolution and productivity change -- Broader economic effects : social savings of modern discount stores -- Conclusions. pt. 4. The future of Wal-Mart -- 10. Wal-Mart and the world -- The rise of big-box stores in Europe -- International big-box firms -- International big-box specialty stores -- International purchasing by big-box operators -- International labor standards : better life or more poverty? -- Conclusions -- 11. Critiquing the critics -- Assessing the criticisms of Wal-Mart and other big-box discounters -- Conclusions -- 12. What should we do about Wal-Mart? -- Policies relating to employee relations -- Wal-Mart's impact on communities and the environment -- Policies regarding globalization and overseas worker standards -- Should Wal-Mart enter banking? -- The other side of the coin : subsidizing Wal-Mart or other stores -- Leveling the playing field : stop subsidizing Wal-Mart's critics -- Appeasing the unappeasable : Wal-Mart's public relations campaign -- The future of Wal-Mart and other big-box discounters -- Conclusions -- Notes -- Index -- About the authors. |
| Responsibility: | Richard Vedder and Wendell Cox. |
Abstract:
Wal-Mart is under attack--from labor unions, urban planners, globalization critics, and community activists. Looking at Wal-Mart, the authors review conditions before and after Wal-Mart entered a
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