Wednesday, April 05, 2006
Wal-Mart to Add Jobs in Struggling Areas
Wal-Mart Stores Inc., the world’s largest retailer, said Tuesday it plans to build more than 50 stores in struggling communities over the next two years, as part of a goal to create between 15,000 and 25,000 jobs.
Wal-Mart said it will build the stores in neighborhoods with high crime or unemployment rates, on sites that are environmentally contaminated, or in vacant buildings or malls in need of revitalization.
The Bentonville, Ark., company said it expects many of the jobs will be in minority communities and could generate more than $100 million in state and local tax revenue. It already has over 1.3 million U.S. employees.
Wal-Mart already has plans to open between 335 and 370 new U.S. stores this year after 341 last year and has said it sees room for more than 1,500 additional stores in the United States in the coming years, on top of nearly 3,200 it already operates.
Enterprise Impact Zones indeed! Wal Mart is what Jack Kemp's Enterprise Impact Zones could not do back when he was the head of HUD. I wish WM well. It's pro-American, anti-Union, everyone works, everyone wins. As the Hispanic Pundit said in his post, wait and see the unions and anti-progress wonks come out of the woodwork if WM tries to setup shop in a depressed area.
WM instead of the Desire Projects - Just what New Orleans needs
Now I don't shop there on a regualr basis, no one forces me to. And the people who work there are not forced to work there. That is the argument that sets off libs all the time that bask Wal-Mart.
Does Wal-mart do bad things? In the eyes of the law, when it does bad things, it should be punished if found guilty. As for everything else, it all boils down to this: no one is forced to work there...no one is forced to shop there.
Long Live Wal-Mart (I still prefer Target)
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