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Tiki Central / General Tiki / Hardware Stores...off topic?

Post #4787 by Tangaroa on Wed, Jul 31, 2002 12:19 PM

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If you want to read something scary that explains the corporate underside of this, check out "In Sam We Trust - The Untold Story Of Sam Walton & How Wal-Mart Is Devouring America" by Bob Ortega. Here's an excerpt from a review:

"In In Sam We Trust, investigative journalist Bob Ortega exposes the underside of Wal-Mart and defrocks Sam Walton, the founder of the retailing mammoth. Ortega chronicles Walton's rise from a backwater retailer in Arkansas to one of the richest men in the country. While Walton carefully crafted a public image as a regular guy who drove a pickup and wore a name tag at his stores, Ortega paints a different picture of a two-faced and ruthless invader of small-town America. Walton was so stingy that his chain was last among major retailers in charity donations in terms of percentage of earnings. He hurt the downtowns of many communities by building Wal-Marts on the outskirts and capturing up to 75 percent of his sales from the preexisting stores. The late billionaire was obsessed with profits and cutting costs. He pioneered temporary help--a third of Wal-Mart's employees are part-time and the average worker only earns about $7.50 an hour. Even while making a big media splash with a "Buy American" program in the 1980s, Walton quietly expanded his company's Hong Kong staff and continued to import apparel made by cheap child labor in the Third World."
You will definately think twice before shopping any place like that again after reading this book....