The Wal-Mart Effect
Charles Fishman talked about his book, The Wal-Mart Effect: How the World’s Most Powerful Company Really Works--and How It’s Transforming the American Economy, published by Penguin Press HC. Mr. Fishman described Wal-Mart as the most influential company in the world, detailing the store’s effect on suppliers, local retailers and the environment. He explained that while consumers continue to benefit from lower prices, the turnover rate of Wal-Mart employees is very high and a significant number of factory jobs have been sent overseas. After his presentation he answered audience members' questions. close
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