Thursday, August 30, 2007

‘Sad’ Walton!

‘Size can be a disadvantage’, you thought? You couldn’t be wrong; for how bigger can you get than Wal-Mart, whose revenues of $351.14 billion & scale of operations make it the bull’s eye for environmentalists with millions of tones of waste each year. Wal-Mart’s massive fleet of 7,200 trucks runs on polluting petroleum, and its 2,074 outlets in the US alone consumes a mind-boggling 1.5 million kilowatts of electricity annually! Bill McKibben, noted American Environmentalist, states that, “I think the main fl aw in the Wal-Mart story is that they exist to sell people on the idea of endlessly buying more stuff. I can’t think of a community in the US that has been improved by a Wal-Mart.”
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Source: IIPM Editorial, 2007

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative