Wal-Mart is going to open a 153,000 square foot location near the 29/33 intersection in Greene County, Brian McNeill writes in the Progress. The company figures that enough people drive down to the location on 29N, in Albemarle, that they’d get even more business with another location 11 miles north. Though Greene is “ecstatic” about the new jobs, Wal-Mart actually destroys more jobs than they create, since they put locally-owned companies out of business by undercutting them, and those jobs at Wal-Mart pay less and provide less benefits. Local retailers, in fact, describe themselves as “afraid,” as well they should be.
Wal-Mart recently announced they’d be opening a Louisa location. They also operate a distribution center in Louisa, which was subsidized by the state with a $500,000 grant, a strange thing to do for the nation’s largest private employer.
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