Consumers are shopping multiple retailers weekly in an effort to stretch their budgets. Others feel retailers are using the lure of lower prices to boost shopper loyalty, something that has diminished in recent years as consumers jump from store to store seeking the best prices for the products they want.
According to some new research, local communities experience, a lot of negative effects once a Walmart opens up in their area. Average income tend to drop, local businesses end up going out of business altogether, or having to layoff staff in order to compete with Walmarts artificially low prices.