It happens every year, and we should plan for it. But still, it’s always a shock to realize that the Walmartians have invaded northwest Arkansas! That’s right June 4, 2010, is the Annual Meeting for Wal-Mart Stores, Inc., which is based in Bentonville. The meeting is surrounded by days of events that draw shareholders from around the world. They descend on NWA, shop at our local Supercenters, take LOTS of photos, and spend LOTS of money.
From the effects of opening stores in small towns to various trade practices, the world’s largest retailer gets a lot of negative criticism. However, as someone who lives a mere 20 miles from the Home Office, the impact I see locally is nothing but positive. Walmart contributes an estimated $8 Billion (yes, billion with a “b”) to the Arkansas economy every year by purchasing Arkansas-made products and employs about 13,000 people in northwest Arkansas. On top of this there are millions of dollars invested in our communities through The Walmart Foundation, The Walton Family Foundation, and other charitable giving from Walmart’s leadership team.
If you’re not in NWA or don’t have tickets, you can watch the shareholders’ meeting online.
