Wrong. The reality is that Walmart being so large commands massive discounts from suppliers to the point of running them out of business. These savings on inventory coupled with a massive and efficient logistics operation allow Walmart to sell at prices that your local and regional retailers can not match. Now, Walmart also makes sweetheart deals with local governments and fails to provide either full time employment or benefits. This in turn means that as local or regional retailers fail the community generates less tax revenue. The social services budgets also go up as medicaid enrollments go up, and food pantry and aid enrollments go up. A lot of this is caused by Walmart employees not being paid enough or given enough hours to qualify for benefits. Walmart also has a brochure that explains how to enroll in those programs. I have family in NY (Upstate that work for them). They hire too many people, rotate them so that no one gets over 36 hours a weeks, and pay them poorly.