Wal-Mart's Economic Footprint

Public Advocate Bill de Blasio and the Hunter College Center for Community Planning and Development today released “Wal-Mart’s Economic Footprint” a comprehensive review of over fifty studies on Wal-Mart’s economic impact across the country. The joint review of key research papers from the past seven years indicates that the opening of a Wal-Mart in New York City would likely eliminate more jobs than it creates, result in the loss of independently owned small businesses, and create an increased burden on taxpayers.