Wal-Mart May Finally Enter NYC

The largest retailer in the world is again looking at entering the biggest city in the country. Wal-Mart executives figure that conditions are favorable for the company to come to New York. People are now looking for a bargain more than ever, and real estate prices here might not get a whole lot lower.

The company has considered coming to New York in the past. Either way, it should expect a big fight from local labor unions, “You’re not going to get into this city unless you come forward and talk to the players, and in New York City, like it or not, the labor movement is a major player,” one union leader told Crain’s.

We wonder how much of a threat Wal-Mart poses to workers than the other big box chains in the city, such as Target, Bed Bath & Beyond and Costco.

8 Responses to “Wal-Mart May Finally Enter NYC”

  1. 1 James August 11, 2009 at 8:07 am

    This is probably tougher than opening a store in China and maybe more of a culture clash. “When in Rome do as the Romans do—”
    Everybody will want a piece of the action and Walmart does not give out pieces.

  2. 2 Broker August 11, 2009 at 8:37 am

    I an sure the financially stressed consumers in NYC will be very happy to see WMT even if the unions aren’t.

  3. 3 Louis August 11, 2009 at 9:07 am

    I’m sure the unions would love to see Wal Mart in NYC. They’ve worked miracles for the auto industry, where they now sit on both sides of the bargaining table.


  4. 4 Seth August 11, 2009 at 9:49 am

    I think starting a new business and/or moving in to do business in NYC is a BAD move. NYC is Not business friendly. On the other hand, the 40,000 wealth earning people who are paying BIG taxes, paying the bills in NYC for the millions that live there are starting to leave the city/state for greener pastures aka lesser tax burdens so they can keep more of their own money. The people left behind are going to need a WalMart to make ends meet. The Union thugs will be mad, but then they are always mad, so don’t let that stop you.

  5. 5 Carl Todd August 11, 2009 at 2:00 pm

    If Walmart pays their NYC employees a wage that will allow them to afford a basic living standard in the NYC metropolitan area and provides them with basic medical or offers them an affordable medical plan they should be welcomed to NYC if not they should not be allowed in.

    There is no question that if they are allowed in and then continue their employee’s underpayment wages and give them a list of the free municipal medical services instead if a health plan option letting them in will only harm the business that treat their employees fairly and eventually gut NYC of the employers who treat and respect their workers as valuable assets and not as disposable commodities.

  6. 6 Retail Lou August 11, 2009 at 4:51 pm

    So the unions that “run” NYC are going to take on WMT ? why oh why must this always happen ? will we see picket lines in front of the construction zone ? will Al Sharpton and his thugs take over the soap box and demand “equal rights” for the WMT workers ?
    will WMT just hire everyone to work 20 hour days. Hire everyone under the age of 30 but over 25 ? Will WMT hire only minority workers or will they bring in their own people to do everything ?

    The WMT in White Plains, Newburgh and Peekskill seem to operate ok without all the hoopla that will surround the next one in NYC.

  7. 7 Jim August 12, 2009 at 9:00 am

    Wal*Marts operating model does not “fit” that of which you need to have when doing business in the big apple. Penetrating the NY Metro area about 10 years ago was a huge step for them. NYC is a leap they can take IF they alter some of their CORE philosophies. You notice, Target recently opened a temporary holiday store on a barge in the river. I never heard if it was a success of not but always liked the creativity of that move……

  8. 8 James August 12, 2009 at 9:37 am

    They’ll need a “sit down” with the godfather to get this one done!

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