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Should Wal-Mart get involved in banking?

Results so far:

No
65% 160 votes Total: 247 votes
Yes
35% 87 votes

This is one thing that bothers me really badly, I am an employee at a major retail store and we are pressured to get customers to sign up for store credit cards and it appears to me that this stores goal is to become a credit card company and not to sell clothing as they originally were created to do. Wal-Mart is a great store it is very nice to have one nearby for handy little trips to the store for those forgotten things and all at the low low price. It would be nice if there was a bank inside the store but being a bank itself might be a little too much power within one company and maybe they should leave the banking to banks. If the Wal-mart company really wanted to be involved in banking maybe they could partner up with a banking chain and work together but definitely not start their own bank branch, I think that would cause trouble. But, after all who am I to say it is a bad idea, if they do, we can see what happens and they might even be a better bank, who knows?

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Below are the top articles rated and ranked by Helium members on:

Should Wal-Mart get involved in banking?

No
  • 1 of 8

    by Angela S. Young

    The idea of Wal-Mart taking on banking makes me quake in my shoes, or maybe that's in my bank account? No, that's no...read more

  • 2 of 8

    by Matt Remley

    Over the past few years there has been tons of controversy over Wal-Mart. They seem to have created a monopoly of sor...read more

Yes
  • 1 of 11

    by Steve Jones

    Wal-Mart is already involved in banking. Sure, its application to open a bank that offers the full range of services ...read more

  • 2 of 11

    by Saurabh Pal

    America has been the biggest proponent of free trade practices. It despises government control in business and profes...read more

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