Why do you think Wal-Mart is so reviled? Do you think the criticisms are fair? Michael Bergdahl's answer: In the USA I think much of the criticism stems from the impact Wal-Mart has had on small towns. Adding to the criticism is every retailing sector negatively impacted by Wal-Mart competition. Grocery stores have been unable to compete in direct competition. Convenience stores have suffered as Wal-Mart began selling gasoline: even Banks are up in arms over Wal-Mart's announcement they intend to go into banking. Wal-Mart has raised the standard of living for consumers around the globe but in the process its Every Day Low Prices have had a devastating impact on high priced main street merchants. For most competitors, competition with Wal-Mart is like an ant fighting an elephant!