Presence in cities of North vital for Wal-Mart's growth

[Omaha Steve]

http://www.chicagotribune.com/business/chi-0609140096sep14,1,2880985.story?coll=chi-business-hed&ctrack=1&cset=true

Presence in cities of North vital for Wal-Mart's growth

By Sandra Jones
Tribune staff reporter
Published September 14, 2006

It was a fight Wal-Mart Stores Inc. needed to win.

Under pressure to show continuous growth and stumbling in international markets, the world's largest retailer is attempting to win entry into cities like Chicago. Until Wednesday it had little to show for its effort.

With Mayor Daley's successful veto of a higher minimum wage ordinance for big-box retailers, the way is paved for Wal-Mart's expansion in the city.

The question arising out of Wal-Mart's victory is whether it will create momentum for the chain as it looks beyond Chicago to enter other urban markets.


FULL story at link above.

[Sherman A1]

1. And how many jobs will be lost

at small stores and Union stores that pay good wages and have good benefits? Thank You Mr. Mayor!

[DeadManInc]

2. Fuck WalMart