10 Facts about Walmart That Will Shock You
8. Good for Small Businesses
Wal-Mart is often attacked as being harmful to small businesses. The reality is Wal-Mart benefits small businesses in many ways. While rural mom and pops may feel the pain of increased competition, suburban and urban small businesses benefit from Wal-Mart’s presence. This is because Wal-Mart increase traffic to the areas where small businesses operate, thus driving more customers through their doors. In addition to this effect, Wal-Mart stocks their shelves with products made by small businesses. Small, local companies like Tom’s of Maine and Connecticut Dairy Farmers have seen great success because Wal-Mart chose to stock their products, increasing the market access dramatically. For a company like Tom’s which strives to provide healthier products to consumers, greater market access doesn’t just mean more money, it means they are able to succeed in ways that wouldn’t be possible without Wal-Mart.
