Go to ...

News in Arkansas

Arkansas News Online

RSS Feed

November 20, 2017

Walmart announcement impacts local economy


Walmart announcement impacts local economy

Walmart announcement impacts local economy Share Shares Updated: 10:48 PM CDT Sep 15, 2017 Hide Transcript Show Transcript WEBVTT WNERS…


Walmart announcement impacts local economy

Hide Transcript Show Transcript

WEBVTT WNERS ARE ALREADYTRYING TO PREDICT THE EFFECTS OFTHIS.rtJAMIE: MOST PEOPLE WE SPOKE TODIDN’T EVEN REALIZE THIS PLANWAS IN PLACE.WHILE THE NEW HEADQUARTERSrt WILLONLY MOVE A MILE OR SO AWAY FROMIT’S CURRENT LOCATION, ECONOMICEXPERTS SAY IT’S GOING TO MAKE A BIG DIFFERENCEIN THE REGION.>>rt THEY — BEING A BUSINESSOWNER, I WANT, BRING IT ON.BRING IT ON rtJAMIE: STACY BENNETT HAS WORKEDIN BENTONVILLE FOR THE PAST 5YEARS.TODAY’S ANNOUNCEMENT PUTS HERSHOP JUST BLOCKS AWAY FROM WHERETHOUSANDS OF WALMART EMPLOYEESWILL BE CENTRALLY LOCATED.rt>> THIS IS GOING TO MAKE A MAJORIMPACT ON THE COMMUNITY AND ITHINK THAT IT’ GOING TO LETPEOPLE REST AND RELAX A LITTLEBIT KNOWING THE HELM IS STILLTHE HELMrtJAMIE: WE ASKED UNIVERSITY OFARKANSAS ECONOMIC EXPERT, MERVINJEBARAJ, WHAT THIS MOVE MEANSFOR THE AREA.>> YOU’LL SEE A LOT MORErtBUSINESS GROWTH AROUND THERE.WALMART EMPLOYEES WILL USE THETRAILS AND EXISTINGINFRASTRUCTURE THAT’S ALREADYAVAILABLE TO BENTONVILLErtAT THIS POINT, IT’S TOO EARLY TOSAY WHAT WILL HAPPEN AROUND THEOTHER WHERE WALMART IS CURRENTLYUNTIL WE KNOW FOR SURE WHATWALMARrtT PLANS TO DO WITH THATSPACE AS WELJAMIE: BUT STORES LOCATED NEARTHE CURRENT HOME OFFICE AREALREADY WORRIED.rt>> YEAH, ESSENTIALLY ALL WE GETIS WALMART EMPLOYEES SO IF IT’SMOVED IT’S GOING TO IMPACT USDRAMATICALLYJAMIE: PUGA rtSAID THEY COULD LOSETHOUSANDS OF DOLLARS WHEN THEHOME OFFICE RELOCATES, BUT HETHINKS IT’S STILL A GREAT IDEAFOR THE WALMART COMMUNITY TOCOME TOGETHER UNDER ONE LARGEROOF.>> THIS JUST INDICATES ALONG-TERM COMMITMENT TO THERErtGION FROM WALMARJAMIE: WALMART SAID IT COULDTAKE 5-7 YEARS FOR THIS PROJECTrtTO BE COMPLETED SO ONLY TIMEWILL TELL THE TRUE ECONOMICSURGE IT WILL BRING TO NORTHWESTARKANSAS.REPORTING LIVE IN BENTONVILLE,

Walmart announcement impacts local economy

Walmart announcement impacts local economy

Advertisement


Source: 4029 Northwest Arkansas News Walmart announcement impacts local economy

Walmart announcement impacts local economy

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *

More Stories From Northwest Arkansas