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Walmart Frontline - Frontline Explores Americas obsession...

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Frontline Explores America’s obsession with discount stores despite massive job loss 3400 Wal-Mart stores 100 million people shop at Wal-Mart stores each week Sales in 2003 topped $256 billion
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Global Procurement Center Based in Shenzhen, China Third busiest port in the world Employs several hundred 80% of Wal-Mart’s 6000 global suppliers are located in China Wal-Mart & China are a joint venture
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Wal-Mart is a Discount Store Cheap labor because the jobs are in China China employees make 50 cents a hour, $100 a month Manufacturers a wide array of consumer goods These goods, from clothing to electronics, can be bought at low prices
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Offshore Global Center: China Wal-Mart imports $15 to $30 billion a year of China’s goods
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Result Alteration in United States’ Economy
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How? Coercing the eruption of information technology & global economy Operates the largest satellite system in the world Powerful retailers manipulate production of goods to offshore
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How?
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