While you're not wrong, you also can't really ignore the knock-on negative effects of a major national chain moving in, undercutting local commerce, and piping a community's money away to a massive conglomerate. Local chains or independent shops are going to be reinvesting a higher percentage of their revenue in the local community.
There's also the fact that Walmart is infamous for its vampiric strategy of stringing workers along on part-time schedules that guarantee poverty-level income to avoid benefit overhead costs, relying on local and national social safety net programs to keep their workers afloat. This sort of workforce and benefits management strategy isn't nearly as prevalent among independent and small-chain businesses.
There's also the fact that Walmart is infamous for its vampiric strategy of stringing workers along on part-time schedules that guarantee poverty-level income to avoid benefit overhead costs, relying on local and national social safety net programs to keep their workers afloat. This sort of workforce and benefits management strategy isn't nearly as prevalent among independent and small-chain businesses.