When a new Walmart locates in an area, other businesses in the area are

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When a new Walmart locates in an area, it can both help and hurt other businesses in the area. For example, Walmart may provide job opportunities and convenience for consumers, which can lead to increased traffic and sales for nearby businesses. However, Walmart's competitive pricing and large selection may draw customers away from smaller local businesses, causing them to lose profits and potentially even go out of business. Therefore, the impact of Walmart's arrival on other businesses in the area can be a mix of positive and negative effects.

When a New Walmart Locates in an Area, Other Businesses