That has been the general M.O. of Walmart nation wide for many years now...
Had never heard something like that. In Japan mom and pop stores tend to survive here. I am not sure what it is. One is loyalty, which is highly prized here. Also, a notoriously convoluted supply system, which while making prices higher has also kept big businesses (including Walmart) at a loss how to streamline it for cheaper prices.
It has also been known to open up a discount store, drive out all competition and then close that same store to open up a supercenter somewhere else. Therefore, the community is deprived of both local business and its Wal-Mart.
Government Subsidies: Wal-Mart, the largest retailer in the world, is the beneficiary of billions of dollars in incentives and tax breaks not available to smaller competitors. According to Good Jobs First, Wal-Mart receives over 1 billion dollars a year in subsidies and that only takes into account 244 stores and distribution centers for which data was available. Contrary to what Wal-Mart proponents say, neighborhood retailers are not afraid of competition. They are, however, worried when the government creates an unlevel playing field in favor of retail behemoths.
Health Care: More than two thirds of Wal-Mart workers do not participate in the company’s health plan, due to high premiums and deductibles. In order to obtain care, many of these low wage earners turn to government-funded (i.e. taxpayer-funded) program, costing each and everyone one of us in the end. Nearly 700,000 Wal-Mart employees rely on government programs and Wal-Mart workers and their families are the number one users of public healthcare in states such as Florida, Georgia, Iowa and Arkansas.