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ADMS 1010 Week 7 Retail and Consumers Winter 2013

13 2011 1021am edt thats the conclusion of a

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Unformatted text preview: transformation/9499 “How else could companies overlook the well-being of their customers, the depletion of natural resources vital to their businesses, the viability of key suppliers, or the economic distress of the communities in which they produce and sell? How else could companies think that simply shifting activities to locations with ever lower wages was a sustainable ’solution’ to competitive challenges? Government and civil society have often exacerbated the problem by attempting to address social weaknesses at the expense of business. The presumed trade-offs between economic efficiency and social progress have been institutionalized in decades of policy choices.” Jim Love ADMS 1010 22 H. H. Stevens •  Cri>que of department stores in par>cular •  Called on the audience to denounce prac>ces that destroyed the small retailer and made for subsistence wages for factory workers •  “Rarely had the gap between have and have- nots been more no>ceable.” Jim Love ADMS 1010 23 In the US •  One thousand separate bills imposing penal>es on chain stores were introduced in state legislatures between 1925 and 1948 •  Robinson- Patman Act (the “An>- Chain Store Act”) of 1936 – forbids “any person or ...
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