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AttachmentG <br /> <br />Executive Summary <br />Wal-Mart is the world’s largest retailer with more than 4,300 st <br />1 <br />8,000 worldwide, with global sales topping $400 billion in 2009. It is the largest retailer in the <br />2 <br />U.S., where more than half its revenue comes from grocery sales. Wal-Mart’s formula for <br />financial success includes: low-wage labor, limited health benefi <br />government subsidies <br />Hundreds of studies, reports, and articles have been written abo <br />Mart. This document represents a thorough review of key literatu <br />points to many of the retail giant’s negative impacts. It examin <br />over the past seven years on Wal-Mart’s impact on both local and <br />represents research encompassing all fifty states, including the <br />Wal-Mart in a major U.S. City: Chicago. <br />Since opening its first store in Bentonville, Arkansas in 1962, <br />its base in the South and Midwest to dominate the suburban and r <br />U.S. Having effectively saturated these markets, Wal-Mart’s mos <br />growth are now outside the U.S.. However, the company has also b <br />into those more densely populated central cities that have so fa <br />space in which to shoe-horn the mall-size Wal-Mart outlets or du <br />company because of its negative impact on small businesses and t <br />Wal-Mart is addressing the first obstacle – store size – by chan <br />a more flexible one involving stores of widely varying sizes, pe <br />thousand square feet, the size of many local grocery stores. Acc <br />President of Research at Colliers International, “Smaller design <br />3 <br />foot range, and mostly groceries – that’s where the money is.” For example, four stores are <br />planned for the Washington, DC area, including multi-story buildi <br />4 <br />suburban settings. Twenty-four new stores are planned for the San Francisco Bay Ar <br />5 <br />years ago the company opened its first store in Chicago and is pl <br />Page19of95 <br /> <br />