The Wal-Mart Effect: How the World's Most Powerful Company Really Works--and HowIt's Transforming the American Economy

The Wal-Mart Effect: How the World's Most Powerful Company Really Works--and HowIt's Transforming the American Economy

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by Charles Fishman
     
 

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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

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Overview

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.

Editorial Reviews

From the Publisher
The best Wal-Mart expose yet . . . as measured by depth and breadth of research, writing style, and evenhanded treatment. (The Denver Post)

Highly readable, incisive, precise, and even elegant. (San Francisco Chronicle)

The Wal-Mart Effect is an interesting look at how big corporations affect our planet in positive and negative ways. The strength . . . is in the stories about the lives that Wal-Mart has touched, set against the backdrop of an astounding array of data. (USA Today)

Insightful. (BusinessWeek)

The Wal-Mart Effect saunters through the influential economic ‘ecosystem’ that the discount chain represents with clarity, compelling nuance, and refreshing objectivity. (The Christian Science Monitor)

A must-read if one is even to begin understanding the global dominance of Wal-Mart. (The Washington Post)

Library Journal
Whether you love or hate Wal-Mart, you can't avoid reading about it. Considering that at least seven titles on the retailing behemoth were published just in 2005, what else could there be to say? Quite a lot, actually. Fishman (senior editor, Fast Company) has compiled a compelling and balanced report on Wal-Mart. Via a combination of startling statistics, personal stories from Wal-Mart founders, suppliers, and employees, and revelations about the social costs required for those low, low prices, he gives us a view into the world of discount retailing much as Eric Schlosser did for the food service industry in his expos , Fast Food Nation. Through it all, Fishman focuses on the larger picture, the "Wal-Mart effect," outlining how the sheer size and scale of the company leads to changes in labor relations, economics, environmental conditions, and consumer behavior, not just in the United States but globally. For example, Wal-Mart's rigorous adherence to low prices for its goods has contributed significantly to the growth of factory jobs overseas, rather than in the United States. Overall, this is a fascinating look into Wal-Mart and its "effects" on us all. Highly recommended for all libraries.-Susan Hurst, Miami Univ., Oxford, OH Copyright 2006 Reed Business Information.

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Product Details

ISBN-13:
9780143038788
Publisher:
Penguin Publishing Group
Publication date:
12/26/2006
Edition description:
Reprint
Pages:
352
Sales rank:
154,223
Product dimensions:
5.50(w) x 8.40(h) x 0.77(d)
Age Range:
18 - 17 Years

What People are saying about this

From the Publisher
The best Wal-Mart expose yet . . . as measured by depth and breadth of research, writing style, and evenhanded treatment. (The Denver Post)

Highly readable, incisive, precise, and even elegant. (San Francisco Chronicle)

The Wal-Mart Effect is an interesting look at how big corporations affect our planet in positive and negative ways. The strength . . . is in the stories about the lives that Wal-Mart has touched, set against the backdrop of an astounding array of data. (USA Today)

Insightful. (BusinessWeek)

The Wal-Mart Effect saunters through the influential economic ‘ecosystem’ that the discount chain represents with clarity, compelling nuance, and refreshing objectivity. (The Christian Science Monitor)

A must-read if one is even to begin understanding the global dominance of Wal-Mart. (The Washington Post)

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