definition for: #walmarteffect
3 Definitions for Hashtag #walmarteffect
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the economic impact felt by local businesses when a large firm such as Wal-Mart opens a location in the area
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the quality, uniqueness and affordability of goods and services when a large firm such as Wal-Mart enters a market share
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usually manifests itself by forcing smaller retail firms out of business and reducing wages for competitors' employees
