On March 29, 1918, Sam Walton, founds Walmart and changes the economic landscape in America will never be the same. Multiple books have been written about the Walton family’s impact on the United States’ economy and the global economy. Charles Fishman’s book, The Walmart Effect, stands out for its analysis on its effect on those who actually breath life into it: the customers, workers, and suppliers. Working with data and first person accounts that speak to downward pressure on wages and product prices, thinning profit margin, and consolidation of consumer product companies in order to survive demand.
Book Title: The Wal-Mart Effect: How the World’s Most Powerful Company Really Works – and How It’s Transforming the American Economy
Book Author: Charles Fishman
ISBN Number: 0143038788 (ISBN13: 9780143038788)
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