Wal-Mart's EGOnomics, Always -- The Greed Behind the Smiley Face
Book Details
Author(s)Charles H. Hood
ISBN / ASINB0057ADRJE
ISBN-13978B0057ADRJ6
Sales Rank2,353,575
MarketplaceUnited States 🇺🇸
Description
The ForeWord Clarion Review says "Wal-Mart's EGOnomics is "an incredible book." It then awards the book with Five Stars (out of Five), a rare and momentous rating for anyone's book, much less that of a first-time author.
The Kirkus Indie Review states: "A well-crafted, personal tale of business gone bad ... Hood documents the sorry story of how at best Wal-Mart management ineptly implemented a promotional program they had agreed to support, and at worst, sabotaged it because of a perverted ego and profit-driven arrogance ...a true corporate David and Goliath story from an insider's perspective ... after reading this book, it will likely be difficult for the reader not to accept the author's claim that Wal-Mart is a corporate villain."
Gary L. Richardson is frequently described as being Oklahoma's "top gun" trial attorney. In the past, he has successfully sued Wal-Mart in behalf of several of his clients. These trials, in combination with his heavy amount of preparatory research, have left Gary with an intimate knowledge of Wal-Mart's frequently harmful business practices -- that have proven detrimental to communities, companies and individuals.
Gary wrote the book's "Foreword." In it he states: "I have found Chuck's story to be fascinating, and one all of America should read ..." And, this recommendation was not as a result of Gary being the company's filing attorney. The filing attorney was Tom Mars, who today serves as Wal-Mart's executive vice president and chief legal counsel, heading Wal-Mart's entire legal department.
To most readers, this story will prove to be a very surprising expose, as it chronicles Wal-Mart's continued, unpredictable and too-oft odious and damaging actions -- all of which led to our company (ADDvantage Media Group, Inc.) filing of a $40 million lawsuit against Wal-Mart for "breach of contracts and corporate sabotage." This suit was settled in less than nine months for more than half of the filing amount -- an amount equivalent to the debt that had been incurred in the company's attempts to fulfill their contracts with Wal-Mart.
The book is a factual account of the attitudes, ego-driven actions and what we found to be the apparently normal business practices that lie behind Wal-Mart's constant, outward facades of the feel-good smiley face and the powerful banner that touts their "everyday low prices."
But that was not the end of the story. Once the suit was settled, Wal-Mart set out on a path of retribution. This, in combination with the deadly damages they had previously inflicted on our company , led to us being forced to close our doors, releasing our more than one hundred employees -- all of whom had given their utmost to insure that America's retail "Goliath" would benefit immensely from our in-store program. In a sense, they were insuring their jobs for the years to come. Unfortunately the egos of Wal-Mart's management prevailed, never allowing our dreams to become a reality.
The Kirkus Indie Review states: "A well-crafted, personal tale of business gone bad ... Hood documents the sorry story of how at best Wal-Mart management ineptly implemented a promotional program they had agreed to support, and at worst, sabotaged it because of a perverted ego and profit-driven arrogance ...a true corporate David and Goliath story from an insider's perspective ... after reading this book, it will likely be difficult for the reader not to accept the author's claim that Wal-Mart is a corporate villain."
Gary L. Richardson is frequently described as being Oklahoma's "top gun" trial attorney. In the past, he has successfully sued Wal-Mart in behalf of several of his clients. These trials, in combination with his heavy amount of preparatory research, have left Gary with an intimate knowledge of Wal-Mart's frequently harmful business practices -- that have proven detrimental to communities, companies and individuals.
Gary wrote the book's "Foreword." In it he states: "I have found Chuck's story to be fascinating, and one all of America should read ..." And, this recommendation was not as a result of Gary being the company's filing attorney. The filing attorney was Tom Mars, who today serves as Wal-Mart's executive vice president and chief legal counsel, heading Wal-Mart's entire legal department.
To most readers, this story will prove to be a very surprising expose, as it chronicles Wal-Mart's continued, unpredictable and too-oft odious and damaging actions -- all of which led to our company (ADDvantage Media Group, Inc.) filing of a $40 million lawsuit against Wal-Mart for "breach of contracts and corporate sabotage." This suit was settled in less than nine months for more than half of the filing amount -- an amount equivalent to the debt that had been incurred in the company's attempts to fulfill their contracts with Wal-Mart.
The book is a factual account of the attitudes, ego-driven actions and what we found to be the apparently normal business practices that lie behind Wal-Mart's constant, outward facades of the feel-good smiley face and the powerful banner that touts their "everyday low prices."
But that was not the end of the story. Once the suit was settled, Wal-Mart set out on a path of retribution. This, in combination with the deadly damages they had previously inflicted on our company , led to us being forced to close our doors, releasing our more than one hundred employees -- all of whom had given their utmost to insure that America's retail "Goliath" would benefit immensely from our in-store program. In a sense, they were insuring their jobs for the years to come. Unfortunately the egos of Wal-Mart's management prevailed, never allowing our dreams to become a reality.
