There Goes the Neighborhood
July 27, 2012 3:14 pm
The name Walmart can be polarizing. For some, it’s Graceland. For others, it’s a low-paying, anti-union juggernaut that robs mom and pop stores of their customers. Regardless of your feelings toward the company, they are persistent, and there’s a new strategy afoot — the very same one same one that we are currently witnessing in Chinatown, Los Angeles.
Instead of building the gargantuan stores they are famous for, the company will be launching a sleeker, sexier version: Walmart Neighborhood Markets, meant to bring affordable groceries to underserved markets. Critics (like those gathered at the largest anti-Walmart protest in history) argue that Walmart’s Neighborhood Markets have the potential to kill smaller local businesses, but some locals welcome Walmart’s price point.
KPCC’s Brian Watt gets to the bottom of it, examining the strategies employed by Walmart, and if it’s any good for the residents near where these “markets” show up.
Listen to the audio here.
Photo from here