Corporate Companies Effects on Local Business's 

As time goes by companies are continually figuring out ways to expand and become the best it can be.  Companies are opening new stores, expanding current stores and figuring out ways to be known by everyone.  

This is a good thing because it helps boost our economy by providing jobs opportunities.  With this new source of income for people is there any negatives that can possibly come from it?  The answer to this question is yes because these chain stores have a huge effect on other stores that are in the area.

One of Walmart's Newest Logos

Walmart for example has the ability to hire up to 350+ people when opening up a new store.  This is a lot of job opportunities but after you subtract the effect it has on other jobs it doesn't look as appealing.  The reason it can have an effect on jobs is it can take away customers from little mom and dad companies.  The results in the lack of business is downsizing the staff, difficult times, and even causing a little store to close down.

People lose jobs and aren't able to pay their bills and eventually lose what they've been saving for.  When stores close, its difficult for those who run them to find new work because it has been their life goals.  If they are able to find new work they usually find it at dead end jobs.

There are many reasons why opening stores such as Walmart can affect different business.  Stores like Walmart don't hurt one particular group of stores it can hurt a various amount.  Super Walmart's can take away customers from produce stores, grocery stores, convenience stores, retail stores, technology, etc.  That's a large amount of stores getting hit if a new Walmart were to be put into your town.

The reason large stores such as Walmart have the ability to hurt all these businesses is because they have the ability to sell their goods cheaper then its competition.  It helps when they have the ability to use their revenue to mass purchase goods and exploit workers from different countries by paying them cheap for their products produced.  Another reason Walmart has an advantage is because of the convenience of being able to go to one store and purchasing most of the items on a shopping list opposed to visiting multiple stores.

With these advantages little stores are huge underdogs in the sales world.  We need to learn to help the underdogs out by supporting our local stores.  Purchase their products because they can have a bigger effect on our society then you think.  Super stores such as Walmart will always be in insistence but little mom and dad stores will get at most one chance.