Summer Reading for Teachers
The Wal-Mart Effect: How the World's Most Powerful Company Really Works—and How It's Transforming the American Economy
by Charles Fishman
Topics: business, U.S. economy, economic history, retail, consumerism, globalization, American culture
If you have ever wondered about Wal-Mart's success and influence, this book uses real-life examples to explain the positive and negative effects of Wal-Mart on large and small businesses, manufacturers, employees, and individuals in the United States and around the world. Reviewers call this book "well researched and informative" and "a great eye opener for anyone who is interested in understanding how Wal-Mart is able to offer everything for less."
From the publisher:"Wal-Mart isn't just the world's biggest company, it is probably the world's most written-about. But no book until this one has managed to penetrate its wall of silence or go beyond the usual polemics to analyze its actual effects on its customers, workers, and suppliers. Drawing on unprecedented interviews with former Wal-Mart executives and a wealth of staggering data (e.g., Americans spend $36 million an hour at Wal-Mart stores, and in 2004 its growth alone was bigger than the total revenue of 469 of the Fortune 500), The Wal-Mart Effect is an intimate look at a business that is dramatically reshaping our lives."
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