Wednesday, August 02, 2006
The Wal-Mart Effect by Charles Fishman
The Wal-Mart Effect: How the World's Most Powerful Company Really Works--and How It's Transforming the American Economy by Charles Fishman is an examination of Wal-Mart's impact on society. It looks at the positives that include lower prices for consumers, along with the negatives that come with those prices. For example, salmon is only $4.84 at Wal-Mart, but there is a reason that they can pull off such a low price.
- It's a two-sided analysis of Wal-Mart's impact on society. It acknowledges the benefits while exposing the hidden costs.
- It breaks new ground amidst a mass of Wal-Mart related books.
- There isn't much to speak of. Bentonville still may not like it.
It's the best book I've come across on the topic. If you're interested in Wal-Mart's impact on society, The Wal-Mart Effect is a worthwhile read.