Business social responsibility involves the way in which a business interacts with society's stakeholders. For large discount stores, it can be beneficial to provide small traders with opportunities to sell their products. However, there are instances where these stores are accused of acting selfishly by opening stores in small neighborhoods, depriving small merchants of the chance to prosper. Wal-Mart is an example of such a store and has been criticized for its allegedly inconsiderate actions towards local retailers. According to Toney (2007), Kaiser reports that 56% of Americans view Wal-Mart as detrimental to America due to these accusations. Despite thriving on their 'always low prices' slogan, upon closer inspection, Wal-Mart's overall effect on local merchants may not be beneficial. While customers benefit from lower prices, local retailers often go out of business due to competition from Wal-Mart bran
...ches unnecessarily opening up nearby. For instance, new Supercenter stores were opened in Oxford and Batesville, Mississippi - small towns traditionally occupied by small retailers - in August 2002. Wal-Mart has faced image problems due to accusations that they put small retailers out of business and treat them unfairly by opening numerous unnecessary branches. The chain’s low pricing strategy has raised ethical concerns regarding its impact on other merchants operating within the same market space.The presence of Wal-Mart in a town can greatly decrease the likelihood of small retailers having successful businesses due to the unfair competition presented by this retail giant. As of mid-2005, Wal-Mart had opened an enormous 5,401 branches and eliminated many small retailers, particularly in towns where it established new branches. Furthermore, when Wal-Mart enters a town, there is usually a temporary increase i
retail taxes. Known for its substandard employee payment, working conditions, and charges of sexual discrimination practices, Wal-Mart has been under fire from the public for several years as it struggles with a public relations crisis despite generating average sales amounting to $250 billion. Despite criticisms leveled against it, proponents of Wal-Mart argue that the company deserves recognition since it is one of America's biggest private employers.
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