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11« <br /> 3 <br /> Figure 1 <br /> • <br /> AVERAGE NET SALES CHANGE AFTER 3 YEARS <br /> IN WAL-MART HOST TOWN- <br /> wAL-MART SALES EST. tT 1 <br /> TOTAL SALES INCREASE 11111 1 <br /> SALES LOSS BY OTHERS ' -10 <br /> GEN MOSE NET GAIN r 11 <br /> LOSS BY OTHER G.M. L -6 <br /> LOSS BY NON GEN MOSE -4 \\\ <br /> -16 -10 -6 0 6 10 16 20 <br /> MILLIONS OF DOLLARS <br /> • Through FYi1 <br /> Small Towns <br /> Smaller towns between 500 and 5,000 population within a 20 mile radius of <br /> each Wal-Mart town were compared to all other similar size towns further away from <br /> • Wal-Mart towns. Figure 2 shows the results over five years. It is fairly obvious that <br /> nearby small towns lose trade more rapidly than others. After five years, the towns <br /> within a 20 mile radius of a Wal-Mart store had cumulative net sales reductions of 25.4 <br /> percent while the same size towns much further away had sales reductions of only <br /> 17.6 percent. <br /> Figure 2 <br /> Sales of Iowa Towns Within 20 Miles <br /> of Wal-Mart vs. Others of Same Size- <br /> % CAanpe From am Yew <br /> EL <br /> -6.21 <br /> 4.61 <br /> -16- -11.41\ <br /> -20%^ '17.61 -1T t1 , <br /> -26% 11. <br /> - <br /> -26.4% <br /> -30% <br /> 1 Yew 3 wart 6 Yews <br /> • IIII Same Slss Towns ®20 Mlle Towns <br /> Towns 600-4,000 FsOulatlon <br />