![]() ![]() It shapes the way we buy, the way we pay, how much we pay, where does the product gets manufactured and so on. Walmart doesn’t just shape where people shop, it has implications that reach beyond its stores and its home country, US. In the same time that Walmart has come to dominate the grocery business in the US, 31 supermarket chains have filed for bankruptcy out of which 27 blame Walmart as their reason for failure. This book explains what makes it possible for them to be the way they are. ![]() Most MBA grads would have heard of how Walmart has among the most efficient supply chains in the world. For Walmart, the focus is to reduce costs, for which it has asked all the manufacturers to get rid of it and they had to oblige which translated into benefits for all stakeholders. Walmart is among the primary reason why you don’t see them today. The Walmart Effect by Charles Fishman is a book about how a single company with a singular focus came to dominate the world and the impact it has had on each of us.ĭo you know there was a time when deodorants came in cardboard boxes like other consumer goods? ![]()
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