The New York Daily News reports that that a majority of small business owners in New York City - including 73 percent of grocers and convenience stores - object to Walmart being allowed to open for business within the five boroughs. The results of the poll contradict one released by Walmart late last year, which suggested that 62 percent of small businesses did not object to Walmart doing business in New York City.
The story notes that an op-ed piece recently published in the News by Gristedes owner John Catsimatidis said that local businesses “invest 85% of the money they earn in the city while national chains invest only about 15% of their revenues locally. Also, many of these store owners are immigrants pursuing the American Dream, Catsimatidis wrote. Unavoidably, Walmart would have a tremendous anti-immigrant impact by putting many of them out of business.”
The story notes that an op-ed piece recently published in the News by Gristedes owner John Catsimatidis said that local businesses “invest 85% of the money they earn in the city while national chains invest only about 15% of their revenues locally. Also, many of these store owners are immigrants pursuing the American Dream, Catsimatidis wrote. Unavoidably, Walmart would have a tremendous anti-immigrant impact by putting many of them out of business.”
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