California grocers prepare for "devastating impact" of Wal-Mart

10/20/2003 |

Grocers and employees are worried about the effect of Wal-Mart's plans to open 40 supercenters in California in the next five years. The retailer, known for its "everyday low prices," has helped send more than two dozen national supermarket chains into bankruptcy in the last ten years and pays its employees less per hour than the average unionized hourly wage. Wal-Mart officials say the expansion will benefit California consumers and call their wages and benefits competitive.

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