1. Money leaves the community
When large chain stores like Walmart open up, they actually take money away from the community. Money made at Walmart stores profit a corporation based in a distant city, whereas money made at locally owned stores goes to local residents. It’s true that large chain stores may provide jobs, but they often cause communities to lose jobs, as well.
Chain stores can put small, local stores out of business. As Bloomberg reports, Walmart has led to the closure of local businesses in communities in Kansas and Texas, for example.
