The Wal-Mart Effect.

Charles Fishman

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"Highly readable, incisive, precise, and even elegant." —San Francisco Chronicle"Insightful." —BusinessWeekWal-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.

What will you learn from this book

  1. Supply Chain Efficiency: The book delves into Walmart's mastery of supply chain management, highlighting how the company's emphasis on efficiency and cost-cutting has influenced the entire industry.

  2. Everyday Low Prices (EDLP): Walmart's commitment to offering everyday low prices is a central theme. The book discusses how this pricing strategy has shaped consumer expectations and affected competitors.

  3. Global Sourcing: Walmart's global sourcing practices, particularly its relationships with suppliers in China and other countries, are explored. The book examines how this impacts not only Walmart's bottom line but also the global economy.

  4. Impact on Small Businesses: Fishman discusses how the rise of Walmart has affected small businesses, often driving them out of business due to the challenges of competing with the retail giant's pricing strategies.

  5. Labor Practices: The book addresses Walmart's labor practices, including issues related to wages, working conditions, and the impact on local communities.

  6. Corporate Responsibility: Fishman examines Walmart's efforts in corporate social responsibility, acknowledging some of the initiatives the company has taken to address environmental concerns and social issues.

  7. Economic Transformation: Walmart's expansion and dominance in retail have led to significant changes in the economic landscape, with effects on both urban and rural areas explored in the book.

  8. Consumer Behavior: The book touches on how Walmart's influence has shaped consumer behavior, emphasizing the importance of low prices and convenience.

  9. Technology and Data Analysis: Walmart's use of technology, including advanced data analytics, is discussed as a key factor in the company's success and efficiency.

  10. Criticism and Controversies: The Wal-Mart Effect doesn't shy away from discussing criticisms and controversies surrounding Walmart, such as its impact on local communities, labor issues, and accusations of anticompetitive practices.

Language English
ISBN-10 0143038788
ISBN-13 9780143038788
No of pages 294
Font Size Medium
Book Publisher Penguin Books
Published Date 26 Dec 2006

About Author

Author : Charles Fishman

3 Books

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