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    Sean Kleefeld (skleefeld@mastodon.social)'s status on Wednesday, 25-Dec-2024 07:15:09 JST Sean Kleefeld Sean Kleefeld

    "In the 10 years after a Walmart Supercenter opened in a given community, the average household in that community experienced a 6 percent decline in yearly income—equivalent to about $5,000 a year in 2024 dollars—compared with households that didn’t have a Walmart open near them."
    https://www.theatlantic.com/ideas/archive/2024/12/walmart-prices-poverty-economy/681122/

    In conversation about a month ago from mastodon.social permalink

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    1. Domain not in remote thumbnail source whitelist: cdn.theatlantic.com
      The Walmart Effect
      from Rogé Karma
      New research suggests that the company makes the communities it operates in poorer—even taking into account its famous low prices.

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