LYCOS RETRIEVER 
Wal-Mart: Wal-Mart Supercenter
built 656 days ago
In Bend, Wal-Mart was denied an initial application for a Supercenter and lost subsequent appeals, but opponents expect the fight to continue. Wal-Mart spokeswoman Jennifer Holder said the company plans to submit a new application.
Source:
BENTONVILLE, Ark., Jan 15, 2008 /PRNewswire-FirstCall via COMTEX/ -- Wal-Mart Stores, Inc. (WMT) today announced the opening of its second generation of High-Efficiency stores (HE.2) that will use 25 percent less energy than the baseline Wal-Mart Supercenter. The first store will open in Romeoville, Ill., on January 23. The store combines what the company has learned from its successful first generation High-Efficiency stores (HE.1) with new state-of-the-art technologies. In addition to saving energy, the new stores will significantly reduce greenhouse gas emissions by lowering refrigerant by 90 percent.
Source:
The average Wal-Mart Supercenter collects approximately $4.5 million in sales tax revenue each year and brings 400-500 jobs to the community, three- fourths of which are full-time positions. Further, Wal-Mart Stores, Inc. contributes more than $140 million annually to local community organizations. Customers and associates raise an additional $70 million at stores and clubs that benefit local communities. Wal-Mart operates more than 1,500 Supercenters across the country. The first Supercenter in California will open in March in La Quinta.
Source:
Wal-Mart has operated in Canada since its acquisition of the Woolco division of Woolworth Canada, Inc.[37] In 2007, it operates at 278 locations, employing 70,000 Canadians, with a local home office in Mississauga, Ontario. On November 8, 2006, Wal-Mart Canada's first three Supercenters opened in Ancaster, London, and Aurora, Ontario. As of January 31, 2007, there were six Wal-Mart Supercenters in Canada.[32] As of November 30, 2006, there were six Sam's Clubs in Ontario, in London, Richmond Hill, Vaughan, Cambridge, Pickering, and Toronto).[32] In December 2006, conversion of a Wal-Mart Discount Store into a Wal-Mart Supercenter began in Lethbridge, Alberta, making it the seventh in Canada and the first in western Canada.
Source:
Community opposition to Wal-Mart reportedly is growing. On April 6, 2004, voters in Inglewood, California, rejected by a 2-to-1 margin a Wal-Mart-funded ballot initiative which would have voided multiple local regulations to allow Wal-Mart to build a new supercenter. "After announcing last year it would build 40 supercenters in California, the chain has opened only one unopposed - in La Quinta, a desert community 200 miles east of L.A." [16]
Source:
As Wal-Mart grew rapidly into the world's largest corporation, many critics worried about the effect of its stores on local communities, particularly small towns with many "mom and pop" stores. There have been several studies on the economic impact of Wal-Mart on small towns and local businesses, jobs, and taxpayers. In one, Kenneth Stone, a Professor of Economics at Iowa State University, found that some small towns can lose almost half of their retail trade within ten years of a Wal-Mart store opening.[19] However, in another study, he compared the changes to what small town shops had faced in the past — including the development of the railroads, the advent of the Sears Roebuck catalog, as well as the arrival of shopping malls — and concluded that shop owners who adapt to changes in the retail market can thrive after Wal-Mart arrives.[19] A later study in collaboration with Mississippi State University showed that there are "both positive and negative impacts on existing stores in the area where the new supercenter locates."[20] (See ...: Criticism of Wal-Mart: Economic impact)
Source:
MORE ABOUT
Wal-Mart Supercenter