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Stringer: Walmart In NYC Would Be ‘Potentially Devastating’ To Local Economy

NEW YORK (CBSNewYork) — Walmart has been trying to open a store in New York City for years, but the company has been met with lots of resistance.

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Now in a new report, Manhattan Borough President Scott Stringer is warning New Yorkers that the big box chain would only hurt, not help the city’s economy.

“This document that we’re releasing highlights the damage that Walmart would cause to the local retailers who have spent years and years building their businesses in a community that has struggled through this terrible recession,” Stringer said.

Stringer says if Walmart opened on 125th Street in Harlem, 25 percent of the nearby supermarkets and Bodegas would go out of business in a year and more would fail the second year.

He says millions of taxpayer dollars would also be jeopardized if Walmart opens in Harlem.

“Right now, there are two important city programs called Fresh and the Healthy Bodega Initiative where the city has spent millions in taxpayer dollars to help small businesses extend their fresh food retail space and we are concerned that Walmart would blow a hole in that,” Stringer said.

On its website, Walmart refuted Stringer’s study, saying “A new report from Manhattan Borough President Scott Stringer that predicts that a Walmart in Harlem would hurt small businesses is nothing but a repackaging of a flawed Loyola University Chicago survey that tried unsuccessfully to make the same point.”

According to Walmart, there was positive economic development in Chicago after stores arrived there and that “the company actually created jobs in Chicago.”

The company also noted the opening of a Target store and Costco in Harlem and said that Stringer attended both openings.

Walmart says bringing the store to New York City would help bring fresh food to residents and that “Walmart can be part of the solution for New Yorkers who want more affordable healthy food options, period.”

The idea of a Walmart opening in New York City has been a hotly contested issue for some time.

Last month, Bronx Senator Ruben Diaz Sr. said he hopes to soon see a Walmart store in the city because he believes would benefit poorer residents.

In July, a Quinnipiac University poll found 69 percent of respondents said they would shop at a Walmart in the city if it was convenient.

That same poll showed that 63 percent of respondents said that city officials should allow a local Walmart to open.

To read Stringer’s full report, click here.

Please share your thoughts below….


One Comment

  1. JustSaying says:

    Give it up people! WalMart has bottomless pockets and if they want to go into an area it’s only a matter of time. Yes, they will crush any local competition, yes, the lower prices come with a cost (not the least of which are American jobs) but most people either don’t care or are too stupid to realize that. All people see are the lower prices and certainly in this economy that’s all they care about. Just give it up now, bend over and let WalMart have their way with you, it’s inevitable anyway!

  2. Localyokul says:

    My Question is: How can a Walmart employee live in NYC on a minimum wage income for 35 to 40 hours full time employment. If rents are $1000.00 and up.?
    Simple Arithmatic, says this is unsustainable. Maybe Walmart plans on just hiring the homeless.

    1. rosa ramos says:

      simple Localyokul = they don’t live alone and are either married, living with a partner or at home ask yourself how they live in NYC working in a bodega making even less than at WalMart

  3. DanTe says:

    NYC needs a Walmart and cater to the 99%

  4. rosa ramos says:

    Scott M. Stringer, the Manhattan borough president, buys his bagels at H&H, his groceries at Fairway and his coffee at Lenny’s (Starbucks is, after all, a Seattle company). He roots for the Jets, exercises in Riverside Park and pops into the Museum of Natural History.

    No bodega for Scott only the best – Fair way

  5. rosa ramos says:

    Obviously, Scott does not do his food shopping in local bodegas who hire no one and sell expired, over priced foods. Most of their income is based on food stamp sales and a large part of those sales are for beer and cigarettes. Try finding all the ingredients you need to make a fresh green salad in a bodge.

  6. Mr Turkey says:

    There is only ONE Walmart that I go to. It’s actually near NYC and VERY LITTLE ghetto trash there. If a Walmart inside the city limits keeps the one I frequent that way, then I am all for it.

    Gobble gobble.

  7. tom says:

    he is worried about a walmart but not the hundreds of walgreens,rite aids and cvs’s opening up all over the place right next to each other??here in brooklyn these stores are like on every corner.

  8. LiberalsRDopes says:

    What does a liberal know about running a business?

  9. su says:

    This is really easy – I don’t shop @ Walmart, Target, or KMart. I prefer to use my local stores. As a result, my gifts are reasonably priced – maybe not quite as cheap – but they are just a little different. I’m not rich, but I hate walking down the street and seeing multiple people wearing the same scarf or bad.

  10. Ann Mason says:

    Big box stores — especially WalMart — draw customers away from local businesses by offering bargain prices which are beyond reason. When something is real cheap, look for the downside. Someone has to absorb that cost. WalMart employees are more likely than workers at other stores to have issues with wages, working conditions and discrimination. Money spent at independently owned stores is more likely to stay in the local economy, and in the long run that creates more jobs.

    1. clc says:

      Another UFCW sheeple response. Wal-Mart is no different than any other big corporation. It has good and bad Managers, people, etc. If the local business philosophy is so great, then why are there no jobs? Big business, even with it’s sometime indifferent attitude, is not responsible for political issues that cause investor pressure which, in turn, affects you and me as employess. The issue is more complex than Wal-Mart as a company coming to town. For example, why should I pay more money for the same item I can get somewhere else for substantially less at another place? I shop for items based on price and quality together, and not just because it’s a bodega or a Wal-Mart. Wal-Mart doesn’t get all my money, but I’d be a fool to buy my distilled water for $1.29 at the Shop-Rite when I can get the same thing for $0.84 at the Wal-Mart.

  11. Smegma says:

    The local bodegas and supermarkets are over-priced hell-holes. Point Walmart.

  12. Schmellma Tookus says:

    Walmart blows horse wang.

  13. Vik says:

    Message to Scott Stringer — grow a set and support Walmart in the city. Your VOTERS want it. Open up your eyes and view the Goethals, Bayonne, Holland Lincoln Tunnels. WE’RE ARE GOING TO WALMART IN NEW JERSEY. So you see, you moron, Jersey is getting our money. NOT NYC.

  14. Simon says:

    Wal-Mart creates jobs? Sure, at the lower levels of compensation and, mostly, unbenefited oart time. Wal-Mart emplolyes must shop at Wal-Mart because that’s what they can afford at Wal-Mart wages. Health care, job security – find them if you can. You want real problems with business and quality products, let them in. Wal-Mart, no way.

    1. clc says:

      Another Wal-Mart Watch sheeple response from the UFCW, not based on facts.

  15. Eduardo Rey says:

    As any former WalMart employee will tell you, they treat you like CRAP. And, studies of other areas where WalMart has come in show that there are 2 jobs lost for every job they create. Keep ’em out!!!

    1. clc says:

      And I suppose that any UFCW worker has the ideal job with no complications or problems at all. Another praganda sheeple response from the UFCW, not based on facts.

      1. Ann Mason says:

        Sometimes the best source of information about an employer is a former employee.

        1. clc says:

          I am a former Area Manager at Wal-Mart #2195 Howell, NJ. The only problem I had working there was poor store level Management, the same thing I see at the UFCW Local #1245 stores I now service for my current employer.

  16. Very conservative says:

    Liberalism is a mental disorder.

    1. Lip Logic says:

      Conservativism is just another form of liberal colon cancer – smelly and brown.

  17. lieutenantdan says:

    Small business stores are nice to have I guess.
    The local small stores are not what they were as when I was a youth.
    Not much is the same anymore.
    We tend to want to romanticize of how it was back in the old days and this is a problem.
    I find that prices of products and food are very high in small stores, so high that I feel as if I am being robbed. I have gotten great deals at Walmart or KMART.
    Although shopping in a store that is a monopoly can
    have it’s negative aspects especially after the initial high wears off of being the new kid in town. A hard call.

  18. cat says:

    Walmart is a disgusting company, period. Lots of crime, lots of unhappy employees, not always the savings you think. What do you think the ACTUAL cost is of such cheap goods?Think about it and shop elsewhere. I will take a ‘bodega’ any day.

    1. Bring us Walmart and they will come says:

      Lol a bodega over walmart wow I guess there is such a thing as stupid.You can keep your bodegas and there expired merchandise.I will take walmart and buy my toys and electronics with match price and save money in this economy,Mom and Pop stores can stay in business and compete if they keep prices low and have good customer service which is near impossible to find.

  19. Stan says:

    I do not see the big deal here. With rents escalating, the future residents of Manhattan would never be caught dead in a Walmart store anyway.

Comments are closed.

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