wenhuifeng.bsky.social
@wenhuifeng.bsky.social
Reposted
We need similar studies for the dollar store surge observed over the last decade. I fear the outcomes will be analogous…
"Walmart makes the places it operates in poorer than they would be if it had never shown up at all. Sometimes consumer prices are an incomplete, even misleading, signal of economic well-being."

Fascinating studies on the broader effects of Walmart:

www.theatlantic.com/ideas/archiv...
The Walmart Effect
New research suggests that the company makes the communities it operates in poorer—even taking into account its famous low prices.
www.theatlantic.com
January 12, 2025 at 5:00 PM
Thanks Ben!
December 22, 2024 at 12:44 AM