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by

Kenneth E. Stone

There is strong evidence that rural communities in the United States have been
more adversely impacted by the discount mass merchandisers (sometimes referred to as
the Wal-Mart phenomenon) than by any other factors in recent times. Studies in Iowa
have shown that some small towns lose up to 47 percent of their retail trade after 10 years
of Wal-Mart stores nearby (Stone 1997).

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