Big Retailers Like Walmart Spur Small Business Growth and Create Jobs

Hector V. Barreto
Chairman of The Latino Coalition & former Administrator of the U. S. Small Business Administration

Opponents of Walmart’s planned Neighborhood Market in downtown Los Angeles are trying desperately to paint a portrait of David versus Goliath – mom-and-pop shops against Walmart. But when it comes to economic growth, small businesses and large companies actually support each other. Indeed, the entrance of a large retailer like Walmart into a new marketplace [...]

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