They're Invading Northwest Arkansas

By
Real Estate Agent with Clark Partners 10401331843

Walmart Shareholders' MeetingIt happens every year, and we should plan for it. But still, it's always a shock to realize that the Walmartians have invaded northwest Arkansas! That's right June 4, 2010, is the Annual Meeting for Wal-Mart Stores, Inc., which is based in Bentonville. The meeting is surrounded by days of events that draw shareholders from around the world. They descend on NWA, shop at our local Supercenters, take LOTS of photos, and spend LOTS of money.

From the effects of opening stores in small towns to various trade practices, the world's largest retailer gets a lot of negative criticism. However, as someone who lives a mere 20 miles from the Home Office, the impact I see locally is nothing but positive. Walmart contributes an estimated $8 Billion (yes, billion with a "b") to the Arkansas economy every year by purchasing Arkansas-made products and employs about 13,000 people in northwest Arkansas. On top of this there are millions of dollars invested in our communities through The Walmart Foundation, The Walton Family Foundation, and other charitable giving from Walmart's leadership team.

If you're not in NWA or don't have tickets, you can watch the shareholders' meeting online.

Reblogged from moveNWA.com.

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Rainer
69,668
Ryan Smith
Keller Williams Energy Real Estate Brokerage - Pickering, ON

Oh man.... Good luck with that! Its great they give back so much to the community, But I cant stand "tourists" haha

Jun 01, 2010 12:29 PM #1
Rainmaker
26,235
Lee Ann Basile-Richards
EXIT Realty Homes & Land - Shelbyville, TN
Owner & Principal Broker

This is a wonderful boost for your economy! We just had "Spring Fling" in Murfreesboro, TN - TSSAA Spring Fling Sports Championships. We saw about 4,500 to 5,000 athletes and about 30,000 fans here for a week. Our Chamber of Commerce estimates that athletes and fans spent about $3.5 million here!

Jun 01, 2010 12:33 PM #2
Ambassador
980,702
Steve Shatsky
Dallas, TX

Hi Anthony... perhaps some of those shareholders would like to buy a home in NW Arkansas?

Jun 01, 2010 04:13 PM #3
Rainmaker
1,766,241
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

Positive economic impact is something that we rarely hear about from WalMart. Billion with a "b" is huge!

Jun 01, 2010 04:20 PM #4
Rainer
178,808
Anthony Clark
Clark Partners - Fayetteville, AR
Real Estate. It's About Lifestyle!

Ryan  The tourists are pretty well spread out over the region. They're not bad at all.

Lee Ann  Never hurts to have extra folks spending extra money!

Steve  Fingers crossed!

John  It's definitely a good thing :)

Jun 02, 2010 05:03 AM #5
Ambassador
1,509,132
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Oh my, you probably didn't invent it but I am LMAO over the use of the word "Walmartians"

Jun 02, 2010 08:11 AM #6
Rainer
178,808
Anthony Clark
Clark Partners - Fayetteville, AR
Real Estate. It's About Lifestyle!

Renee  Oh, I totally wish I had coined "Walmartians" but sadly I did not. It's actually on urban dictionary, although a different meaning. I use it the way all of the locals around here use it.  Glad you got a chuckle  :)

Jun 02, 2010 08:14 AM #7
Rainmaker
218,484
William Collins
ERA Queen City Realty - Scotch Plains, NJ
Property and Asset Management

Anthony, Thanks for the post. Walmart is doing very well by Arkansas with such a huge infusion of money.

Jun 08, 2010 04:53 PM #8
Rainer
174,961
John Howard
Century 21 LeMac Realty - Mountain Home, AR
GRI, Mountain Home, Arkansas 870-404-3614

Anthony, Gotta love having extra people in town!  If they start asking for a little quieter area...send 'em over here to Mountain Home!  Have a Great Day!

Jun 10, 2010 02:34 AM #9
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Anthony Clark

Real Estate. It's About Lifestyle!
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