A recent letter to the editor, “Starbucks and Wal-Mart share similar practices,” made quite a few unfounded claims about Wal-Mart.
Truth is, Wal-Mart grew from a rural Arkansas startup into the world’s most successful retailer because it has consistently met the needs of the American people for quality merchandise at affordable prices.
In fact, a 2005 Global Insight study found that the downward pressure on pricing exerted by Wal-Mart over the past 20 years saved the American people $263 billion in 2004 alone.
In terms of community involvement, Wal-Mart was the top corporate donor to charitable causes in 2005, donating more than $200 million. More than 90 percent of the money went to local causes in the communities where the company operates.
Wal-Mart also offers very competitive wages and benefits. A company that wasn’t treating workers well couldn’t hope to maintain a workforce of 1.3 million Americans, staff 3,800 US stores, or attract 25,000 applicants for 350 jobs, as Wal-Mart did at a recent store opening outside Chicago.
Wal-Mart and Starbucks are successful because both companies give customers what they want. Americans love bargains, they love good coffee, and Wal-Mart and Starbucks deliver.
Sincerely,
Luke Boggs
Executive Director americansforwalmart.org
Atlanta, Georgia 404-551-2284
americansforwalmart.org is an independent movement not affiliated with or supported by Wal-Mart Stores, Inc.