Wal-Mart: What Kind of Company is It?

According to a recent American Demographic article, Wal-Mart is "America's favorite store and, among detractors, its most reviled corporation. It is the new downtown, staffed with smiling faces and stocked with items at the best prices. Critics, however, allege it's a labor nightmare, bilking workers of due overtime pay, firing employees for discussing unionization, discriminating against female staffers and paving over America's small business and small town infrastructure."

Wal-Mart creates 1 in every 20 jobs in the US, and opens a new outlet about every 42 hours. It is a $244 billion business with 1.3 million employees.

According to the American Demographics article, the median income of a Wal-Mart employee stands at around $12,000 a year, less than half the national median.

So, I ask you: "What kind of a company is Wal-Mart?"

Read other recent articles I've written about Wal-Mart, go here and here.

Go here to read more, if you subscribe to American Demographics.