SOSC 1510 Lecture 10: Walmartization draft 3

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Walmart had been changing the manufactory, retail services, import and export of goods and services internationally. The technical word that has become stylish for the new economy is now called the walmartization. Walmart had effected canadian retail sector in various ways, with its powerful control, authority and large size corporation (pupo et al. Walmart has a huge number of employees with minimum wage payment. The company has the biggest wholesale with sales of 405 million, contains 176+ million clients per week, and 2. 1 million labour force (pupo et al. Walmart has a unique regulation that states, spend less money, leads you to live better. Most people would tend to buy from walmart merchandise. Walmart come into to the new area, it becomes popular among people but it would not please all of individuals. Unfortunately, small retailers of that community will sign up for bankruptcy after a while.

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