Summary
WASHINGTON -- An independent study of Wal-Mart's impact on the economy found the giant retailer's lower prices result from a savvy technology system that helps lower distribution costs and makes suppliers more efficient -- not from underpaying its workers.
"There's no denying the company has had an impact, but the economy is better off and there's no evidence that that came about by paying less than minimum wage," says Chris Holling, executive director at economic forecaster Global Insight.See the full content of this document
Extract
Studies Find Mixed Results On Wal-Mart
The retailer's efficiency has also had an indirect effect on the economy because competitors have been forced to rethink wa...
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