Author Charles Fishman talks about the very popular store Wal-Mart, and how their low prices are running large companies out of business. In the article The Wal-Mart You Don’t Know Fishman beings with the amazing fact that you can buy a gallon jar of pickles for less then 3 dollars, whereas you can buy a quart of pickles for the same price at a normal grocery store. Although this is saving Americans money, it is running companies into closing their stores and just simply importing their goods. For example, Levi clothing began selling their products at Wal-Mart. The clothes were drastically cheaper at Wal-Mart compared to the original Levi stores. This resulted into Levi’s closing all stores by 2004. Fishman states that Wal-Mart does more business than Target, Sears, Kmart, J.C. Penny, Safeway and Kroger combined. Each of these businesses are very popular in their own way; however, Wal-Mart always comes out on top.
Personally, I agree with Charles Fishman, that Wal-Mart is running other business into bankruptcy. I personally do not shop at Wal-Mart. Although they offer low prices on items, I do not want to spend my money on things that are going to run other business out. People always say positive or negative things about Wal-Mart. From what I heard, it is possible that once major companies are out of business such as Target, and Safeway, these low prices could soon raise. This may be reasons why stores like Target are beginning to not only sell electronics and simple processed food, but they are also beginning to sell fresh groceries; becoming a lead competitor with Wal-Mart. This article has only convinced me more that I shouldn’t spend money into the company Wal-Mart. Keeping business competing is helpful for each company and also for us.