Why Young Americans Are Flocking To Walmart’s Hometown In Arkansas
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- เผยแพร่เมื่อ 16 ก.ค. 2024
- Walmart’s hometown of Bentonville, Arkansas has become a surprising boomtown with many amenities you might expect to find in New York, Austin or San Francisco - fancy restaurants, expensive craft cocktails, beautiful biking and running paths, a world-class art museum and a soon-to-open medical school. The town has more cranes per capita than any other U.S. city, with the biggest project being Walmart’s 350-acre new headquarters. The area population increases by 36 people every day and Bentonville is expected to swell to 200,000 by 2050, about 3.5 times today’s population. Bentonville will soon get another wave of newcomers as Walmart transfers many of its corporate employees from other cities. But with the boom comes big-city economic challenges, including a fast-moving housing market with low inventory and high prices. CNBC’s Melissa Repko travels to Bentonville to find out how Walmart has transformed its hometown.
Chapters:
0:00 Introduction
2:21 Moving to Bentonville
4:57 Boomtown
Produced and shot by: Shawn Baldwin
Edited by: Andrea Miller
Reporter: Melissa Repko
Supervising Producer: Jeniece Pettitt
Additional Production: Jodi Gralnick, Marc Ganley
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Why Young Americans Are Flocking To Walmart’s Hometown In Arkansas
So, we just watched a Walmart's recruitment promotion and commercial?
what did you want them to say?
Yup. Thought about that halfway through
Pretty much.
I hate to admit it but they kinda got me. I've never really given Bentonville a second thought but now I want to visit. Wouldn't move there but I now want to spend a week there visiting restaurants, the museum, and the hiking trails. Darn it Walmart. 😂
Bentonville is great; we’ve been many times. Crystal Bridges alone makes it worth the trip.
That town looks like a literal South Park parody. What could possibly go wrong when a single employer dominates a city?!
Three Fortune 500 companies, not just Walmart.
thats exactly I was thinking while watching. lol. and this state doesnt have womens right so scary horror show.
@@Mansikkacake omg god forbid a woman take a contraceptive or raise a child, so backwards
@@Mansikkacake It does have grammar and punctuation taught in school, unlike where you are from.
@@Mansikkacakewomens right??
Meanwhile, Walmart has hollowed out every other small town from the inside out.
Because those small local retailers were "price gouging" (as the liberals like to say), so they weren't able to compete against Walmart.
And you probably shop there.
@@AlohaBlockchain But it is unfortunate tho
@@AlohaBlockchain exactly !!!!!
Na.. Dollar general and family dollars do. Piece of trash are everywhere.
My wife and I lived in northwest Arkansas for 5 years. We chose to move there for the natural beauty of the state, the multitude of outdoor opportunities, and a desire for the community feeling and small town charm that towns like Bentonville and Fayetteville offered. During our time there, the amount of growth the region experienced was unimaginable. The infrastructure down there is not set up to support that level of growth, and they simply can’t keep up. For every brand that Walmart carries in its stores, they require a rep from that company to live in NWA to have a presence at the Bentonville headquarters. Walmart, coupled with Tyson Foods, and JB Hunt headquarters out of Springdale means there’s no end in sight for the growth. So much of the beautiful landscape has been torn up and sold to real estate groups who can’t build new houses and businesses fast enough. My wife and I left Arkansas 3 years ago to move back to our home state of Kansas because we couldn’t stand what the area was becoming. So much of the small town charm and beauty that we once loved, being leveled with the forests for profit. Yes, the area has become very economically prosperous, but there’s no such thing as a free lunch. Economic prosperity comes at a high cost there, as has also become the case in places like Austin, Salt Lake City, etc. that sort of life simply isn’t for me.
Lifelong Arkansan here, with a brief chapter in Tulsa, and I must say this is the best description I’ve read in various threads/comment sections. 👏🏼👏🏼 It breaks my heart to see the destruction of the land, while mega corporations and elitists take over a small community.
It's crazy that people are buying a home for 2.2 million dollars in the middle of nowhere just because of Walmart
Why? NYC would be the middle of nowhere too, if it weren't for the stock exchange and a handful of big banks. Look at the prices condos (not even houses) sell for there. Wherever people have a lot of money, housing prices will be high. And Bentonville residents have a lot of money. It's not just Walmart either, there's also Tyson and J.B. Hunt, among other companies, as the guy in the video said.
In the middle of the Ozarks. Who doesn't want to live in a scenic area. For example, people moved to Seattle for Microsoft and Amazon
@@GNMi79 NYC has so many different options where you can work and what you can do, there are a lot of different industries where people make a lot of money. In this town it's just Walmart.
Thank you! Walmart also owns the local grocery store and bank. A very strange place.
@@saaunique What's wrong with that? I trust Walmart much more than I trust any of the big banks.
We've already seen how company towns end..
How do they end?
@@benjamindover4337 look into what happens when the company leaves the company town. way too much risk to rely on a single employer
@@benjamindover4337 Ask West Virginia's coal towns.
@@TalynWuff They provided income for millions who raised their families there before moving on.
There is more than one company there though….
Relocate to Bentonville to work at Wal-Mart, after they complete their annual 10% reorg of all their staff, then you need to relocate back home!😁
Ahhh the house prices aren't high enough for them to figure it out yet. They've got a couple more years to get to this point 😂😂😂
Buddy worked for GM u saw him on TV..SAME THING IF GM leaves the Town is GONE!! If ur the Best u get u can go.Offered me a job NO Thank You.
The people who are moving are executives, IT managers, software developers etc. They are not your typical minimum wage employees.
This is so funny to me 😂
@@barneycasting8331 doesn't make em safe.
Bentonville was on my short list to retire to, I can mark that off now.
its nothing special anymore. just bumper to bumper traffic, high house prices, smug arrogant racist rich white people. i been here 25 years and visited prior and seen the change. all the old cheap houses around down town are being demoed for hotels, condos, parking garages, or million dollar houses
That dude should have held onto his 175 acres. He'd be practically as rich as the Waltons today. LOL.
Businesses and the wealthy love to make a beautiful area unaffordable. I’m sorry buddy.
Northern Kentucky’s still pretty nice.
@@Cb20345 Don't tell people, or you'll end up like NWA
Fun fact, Bentonville is the only city in Arkansas to have a daily flight from New York City. Not even their capital has that.
NW Arkansas is the only reason we beat Mississippi and Louisiana in all the worst of rankings
Honestly youre not wrong. I heard folks from Arkansas say "thank god for Mississipi" cause theyre so bad it makes Arkansas look like paradise
@@diodelvino3048 you gonna respond to my other comment? Tell me what you think.
Thats not true.
@@diodelvino3048 Literally every state in the south says that, stop with your cliques.
@@jtex9412 keep your attitude to yourself, i dont care.
They must’ve spent a hell of a lot on relocation packages and bonuses to get people to move there
No, they told their remote employees to relocate or be terminated.
Not as much as you think. The lower standard of living alone is worth for many people.
@@MohawkIndustriesDal-Tilethat’s recent, the real driver is they require all of their vendors/suppliers to have an office there if they want to do business with them. They own all of the land and ‘force’ everyone to come to them. They also pay their people (in corp) really really well and had great incentive packages for people to move there
Many companies do this, it’s not unusual
@@mithicash1444 Nothing is really low cost anymore unless you live in the ghetto. The thing is that WMT is moving people from big cities, where standard of living is much higher. 2000sqft house is like a million in SF so of course they can afford these new built.
That farmer's kids are going to have one hell of an inheritance.
If their parents don't vicariously spend or donate it and mock the kids with it using a ton of controls.
@@jul.escobar Who hurt you? 😂
Those are not liberal parents. They're conservatives. They have the correct values to pass on their estate to the next generation.
@@farzana6676 "correct" values. lmao. you're hilarious boomer
@jul.escobar I was born in the 90's. Try again lib 🤣
@@farzana6676 damn, you could have been cool. the 90s were a great decade. instead you turned into a hateful human.
It's crazy how Northwest Arkansas is doing so well, yet Arkansas still has the 5th highest poverty rate in the country. The rest of the state drags it down so much.
Screw you Northeast Arkansas is good as well. The Jonesboro Brookland Paragould area.
Exavtly, i wouodnt be caught dead anywhere else in Arkansas but the NW is so beautiful, the towns , the nature blow the rest of the state out the water
@@diodelvino3048 not northeast Arkansas.
@@chillax593 ok ,sell me on it then, whats so nice about Northeast Arkansas
@@morganharris2413That's an excellent point. According to the Economic Policy Institute, 2022 figures shows that Arkansas is 9th highest state in terms of the Supplemental Poverty Measure.
North west Arkansas is the only place worth living in this awful state.
Source: lifelong Arkansan.
pine bluff. haha
Smackover AR
If one needs a job, yes. If retired, it is wonderful. Especially the Hot Springs area.
Never been to Arkansas but after all my research i agree
What about Little Rock?
Great of them to rebuild an idyllic downtown in Bentonville after wrecking thousands of small towns and cities’ all across America.
Back in 2000 I interviewed and got a job offer with Walmart IT in Bentonville while in college. Recruiter told me 55 hours a week will probably be the normal. That was a turnoff to me. Call me lazy I guess.
Haha… so Walmart! I worked at a Walmart store when I was in college. I worked evenings and managers made you stay until the store was clean for the next day.
Here’s the catch: they’d restart the clock at midnight so if you came in let’s say: 4 PM, at midnight you would have worked 7.5 hours but since they started the clock, it’d be considered like you just started so you wouldn’t go into overtime after 8 hours at 12:30 AM.
They were sued years later and lost.
I guess a job is better than no job but Walmart was down there.
My wife worked at Walmart for some time and they would not let her work more than 40 hours a week
@@jpepe-qg4qj Did she work retail on the floor? This was for a corporate salary job I was referring to.
@@jpepe-qg4qj if remember correctly, they wouldn’t schedule to more than 37.5 hours a week or 7.5 hours per day.
Lazy*
I’m retiring in Arkansas next year (Hot Springs area). I love the lakes, trees, hills, and golf courses.
Welp, I was gonna move there from my home town of Denver…. But I won’t be doing that now. As someone who watched what happens to an amazing city once is gets popular (Denver) I HIGHLY suggest y’all get out now. It’s miserable what happens to a state and cities when money and people flood in. It hollows everything out and strips every. Single. Thing of joy.
Bentonville is like CO springs, with 70k people, but worse traffic
I thought it was interesting too they said how people move from Colorado to Bentonville ... I had no idea?! LOL and I once worked at a Walmart. never again. I think everyone should work retail for a little while. They would be kinder to their cashier LOL
So this will raise housing prices like crazy, and regular people won't be able to even start renting here.
I have lived here 44 years. House prices are astronomical. And ridiculous. New teachers can not afford to live here.
@@lindarusch9660 Same things is happening in Europe. Big companies like Google, Microsoft, Amazon, etc. move into a city, and all the prices skyrocket. Then regular people who don't make 200k euros a year can't afford a tiny single bedroom apartment.
@@lindarusch9660meanwhile, you’re a millionaire.
@@zionismisterrorism8716 Learn to code (that what democrats in the U.S. tell oil, coal, and manufacturing employees who lose their jobs).
@@andyw6996 LOL AI is going to replace 99% of coding jobs out there. It's equivalent to going to college to be an elevator operator.
I live south of Bentontville. The growth here in Northwest Arkansas is unbelievable! I have only been here a year, and it has rapidly grown even in a year timeframe!
Move back :)
Sounds awful
@@doubletap777 nah, I am good
That place was better when it was a field. It was when I was a kid and I’m only 36.
There will be a follow-up video titled "The Fall of Betenville"
Bentonville.
You know how there are a ton of ghost towns in the midwest bc the automobile industry left and everything got outsourced overseas? This is how the towns looked/started when there were still people there, and a glimpse of what this town will one day look.
many small towns are dealing with the same situation. Always changes when folks move in.
Notice how the Chamber of Commerce President was entirely unconcerned with keeping the cost-of-living affordable for existing residents.
They stopped working for us about 10-15 years ago.
no southern accent from him = not a long time resident. the only ones on the video with southern accent was the old man with the farm and the restaurant owner
Sadly don't think I'll ever be able to own a house/rent in my own hometown cause of it
Arkansas is home. I’ve lived here most of my life and I don’t plan on leaving. It’s quiet where I live. I wake up to hearing birds chirping. I can get off work and hit the trails. The people are nice. Southern hospitality thrives here.
It does? Have you been to Bentonville lately?
With growth you always need to pair it with good public transit and mixed used multi family units
Something Bentonville is sorely, sorely lacking in
No you don't. Look at Los Angeles. They really don't have either of those things. In Bentonville, why would you need "mixed use" residential/commercial buildings when most people work for Walmart, which has its own office buildings where hundreds of employees all work together?
Nope. These folks aren't taking the city bus and it certainly doesn't look they'll be needing apartment buildings. These are high ranking executives who are buying multi-million dollar homes. Y'all try to turn everything into some ghetto nonsense.
Useless in a place like Bentonville
@@GNMi79
Yeah, let’s look at Los Angeles the city that is known for its large amount of homeless people as a reason to why other cities do not need a mixed zone and multifamily unit housing. Not everyone works at Walmart up here. The a large chunk of people here work for companies that work with Walmart not under Walmart directly. The vast majority people that live up here, have no connection to Walmart other than their shopping destination.
Cool feature, I had no idea there were communities like this in Arkansas
In 2008 I was recruited by Walmart in set up a program management office. I insisted on an amount of money that I figured they would dismiss.They didn't. Five years later, I retired and moved, with a fat retirement account to Mexico. I liked NW Arkansas, but I liked warm weather more.
Tell the rest of the Walmart implants that it's better in NM please lol, there are too many out of towners here.
Long time Bentonville resident here…looking forward to the day I move far far away.
maybe the youngsters don't remember all the other stores we had before walmart under priced them out of business. then raised prices once all the competition had gone bankrupt..i've been to area's where walmart is your ONLY CHOICE for some items within 50 miles or mail order.
So Walmart decided to move their company back “home” and pushed out a lot of people because they raised the values of everything. Seems nice of them.
One company town. What happens if you get laid off or want to work for a different company?
There's also Tyson and JB Hunt headquarters and all the other supplier offices for any company that partners with Walmart. It's all in the same area.
@@lulzychan JB Hunt and Walmart work cheek to jowl. not really much of an alternative.
There are three Fortune 500 companies in the area.
Why not just have the Walmart Foundation build 2000 homes and sell them at cost to keep prices low.
They need to sell the houses over there as cheap as the Walmart price tags.
Because they'd get flipped at 10 times the price in 5 minutes
someone will buy them and either rent them out for $2500 a month or resell them to double the profit.
Funny CNBC forgot to mention how Alice Walton ran over an old lady and ended up killing her.
Having just drove 12 hours to spend 8 days mountian biking there, i can honestly say it was one of the nicest places i have ever been. and i cant wait to go back. the town and biking are amazing.
That's Great that the Californians' that moved to Colorado are now heading to Arkansas!
Liberals moving to Southern states has not been very successful. Most hate it and move on or move back. I am 67, live in the South and have seen this again and again.
Just in time for us Conservatives to show them how much we dont like them so they will tell their buddies to stay away,
@@lesliemoore1656 Except for Bentonville and Fayatteville, NWA is a very liberal corner of what is otherwise a very conservative state.
@@mrvwbug4423 However, Arkansas is very conservative and the few liberal votes will be drops in a vast ocean. The past 3.5 years will see to that.
@@lesliemoore1656 you are wrong. North West is blue ING a lot. Arkansas will never be as red as it is now. The tide has turned. The red towns are dying
According to Google, the Walton family makes $100 million dollars per day. Even if this number is inflated by 10x and say it's only $10 million per day, then I'm not really impressed by anything the family has done in Bentonville, it's just chump change to them and at that level of wealth it would be disgusting not to give back to the community.
They'd still be "giving back to the community" without doing all that. They must pay a lot of taxes. That is much more than Hunter does. They really don't owe you or anyone else any more than that.
Not give back? Go pull the Walton Family Foundation's 990. There is over 450 pages of organizations they gave money to. And it is not $10k here and there, it is HUGE amounts of money for really amazing causes.
@@yotesfan i didn't say or imply that they do not give back, what I say was that I'm not impressed with the money that they do give. With 100 million dollars a day and only three options of spend, save, or give away your going to inevitably run out of things to spend on.
@@GNMi79 no they don't owe it, however if one does not use such an advantage to help others it's simply greedy
@@shannonmorgan6530 If you think anyone ever runs out of things to spend on, you haven't been paying attention. There's no shortage of things or "experiences" in this world. Have you seen Bezos' latest yacht? If you don't want anything else for yourself, you always have plenty of friends and family to spend money on. There's no reason to just give your assets away to random strangers. "Greedy" people wouldn't have done what the Walton's have for Bentonville. They'd hoard it all to themselves, like the Biden family does. How much have Joe or Hunter "given back" to society?
I don't think outsiders realize just how beautiful Arkansas is. With that in addition to the obvious business boom and mass relocation from more expensive states, I can definitely see the population exploding in the coming years.
She said “the world’s largest private employer”
Idk why i just realized that companies are private and publicly listed at same time smh
I think private in this sense means non-government, as in private sector vs public sector.
We went there on a graduate school trip. It’s marketed well but there is literally nothing to do there. Everything is still under construction and underwhelming. Plus, prices were quite high for everything even though it’s in the middle of nowhere.
A town ran by Amazon would be a hellscape. This isn't that bad.
Isn't Seattle Amazon company town?
@@rahuliyer7456Seattle is disgusting
@@rahuliyer7456 Seattle is overrun by radical leftists. They even took over parts of the city and call it CHAZ(Capitol Hill Autonomous Zone) 😂😂😂
@@rahuliyer7456 Seattle was well established before Amazon. Bentonville was a shantytown in comparison
@@slorgdulschmodus Now some people are calling little Seattle.
was it intentional that you decided to not report that the property taxes are higher than floridas property taxes which are skyrocketing at this time? those taxes are HIGH.
I haven’t seen Bentonville in several decades. Lived here since ‘70…
You're not missing out man
"median listing home price of $599,900"
We've seen this story before.
Bentonville is just another place that has imported a ton of people from Blue States who will change the culture in a matter of years. You could say it's very similar to cities in Colorado that were formerly neutral or only slightly conservative and eventually become hyper liberal. Bentonville will not stand the test of time I would not buy a house there is become too popular
We go to Bentonville every spring from Minnesota for mountain biking! It's such a cute town, with such a fun bike community atmosphere! Eureka Springs is fun to visit too and they have shuttle downhill mt bike park! Love Bentonville
Eureka used to have street musicians and places you could sit without anyone walking by
I worked in Walmart for three year, here in Brazil. Was an amazing company to work. I've learnt a lot...
Fayetteville has a much better vibe. Bentonville feels like The Truman Show.
Sam Walton would never approve of today's Walmart
What would he say, considering change is the only constant in life? 🤔
COSTCO: hold our 1.50 Dollar Dogs
Fun Fact: roughly 85% of Walmart workers are so poorly paid they qualify for food stamps.
Sam Walton would buy American goods to resell. Walmart after he died started buy cheap Chinese goods to resell.
It's actually a 'twin city' with Rogers, Arkansas. Did the story even mention that?
The red owl grocery logo was cool and somewhat ironic talking about walmart.
Clearly no one in the comments have been to NWA. Ozark mountains, world class mountain biking, major university, tons of white collar jobs with relatively low cost of living in a 50sq mile area.
Did no one see those tornadoes?
I spent a week in Lowell Arkansas for a week of training at jb hunt headquarters, the folks who live there are nice enough but the weather is absolutely atrocious and garbage. Also there’s nothing whatsoever to do there
Lol
grew up here my whole life. Genuinely asking, what would you expect to do and what do you do in other places? I see plenty of great restaraunts and outdoors activities.
Whoaaaa $200ish per square foot is so affordable! I can see the appeal (California resident here)
Stay in california, we dont like Democrats in Arkansas.
Even outside of Wal Mart, remote workers are flocking to Bentonville since it's still cheaper than the coasts. The small town vibe is not really there anymore, it is 100% a tourist town now, but there is a ton of things to do there which is unusual for a town of its size. Oh and if you move there, plan on taking up mountian biking haha.
NW Arkansas is an outdoor paradise. I haven’t been there in 20 years, but these changes seem to have made it a good place to live for younger people too. OTOH you have to deal with southern politics and tornadoes.
Allowing virtually unlimited sales of residential property to be converted into commercial aka: short-term-rental property has made getting a house there ridiculous since you are competing against commercial property investors just to buy residential. We were planning to move there after our kids finished college, they finished a couple years ago and we may opt out of moving there due to what is currently available for the money.
Bentonville is amazing for mountain biking!
Who wants to move to Arkansas?
I thought about it.
@@ES-qu1jd , How is that educational, health, infrastructure and crime rate down there? They make North Carolina look smart and up to date and I live in NC.
NWA, lots of people, the rest of the state, nobody.
Hello, welcome to Betonville
Looks very nice.
As someone who was born and raised in in a small town and now lives in the city for the last decade, I can assure you that small towns have very low values and morals compared to cities
I do have to drive 15 miles to Pinnacle to find a Target store...no Wells Fargo Bank..BMO..US Bank😢
These are people in management and executive positions so that means the people who’ve been there their whole lives won’t be able to afford it in 2-3 years
It's already too expensive.
We haven't been able to afford it for several years already. I'm from Bentonville, and I had to buy outside of a neighboring town many years ago to be able to still live in the area.
I’m a young American and I’m definitely not flocking to Bentonville, Arkansas.
good, we want to Keep Arkansas Red.
@@jtex9412 NWA hasn't been red in a very long time haha
@@mrvwbug4423 Bentonville and Benton county voted for Trump in 2020. And Governor Huckabee Sanders won Benton county by 63% in 2022. You’re just so wrong 😂😂😂. And like it makes a difference even if bentonville was blue 😂, Arkansas voted for Trump and got 65% of the vote here in 2020.
@@mrvwbug4423 Benton County is red. That's all that matters.
good, we do not want you
I am a mortgage loan officer & I write a lot of loans in this area & it is not just the young flocking there. They are of various ages, and some are out of state, but many already live there & are buying now before they get priced out!
What percentage of the houses here would you say are just being sold to large real estate companies, flippers, and Airbnb landlords?
Ah yes. NW Arkansas routinely lands in the top 5 best places to live in the US so naturally the comments are filled with people prattling on about how terrible it would be to live here. All of whom have never been here. The good news is we have more then enough people who want to move here. We are thrilled beyond words to not have to worry about y'all moving up here and screwing up the local economy.
Too many people here already
@CNBC could you create a video about Why Young Americans Are Flocking To Target’s Hometown In Minnesota
Like that
The traffic is horrible and there are very few ways around. Many roads are still just 1 lane on each side. Downtown is an absolute nightmare to drive through most of the time, while Walton Blvd is just gridlock for 6-8 hours of the days. Rogers to the south does a much better job with road infrastructure for sure. We are severely in trouble roadwise in Bentonville.
Ask the Walton family why they don't provide infrastructure for all the building they've done? If they make 10 million a day (Sam's kids) each? Instead of passing all of it on to the taxpayer? Many of the stores in NJ are all trashed and they look like flea marts. They are trending down and I hope a competitor comes along and puts THEM out of business.
@@b0borden437 They're too busy playing around at their little airport. They have a reputation for violating law by flying too low over town.
"How do we maintain the charm?" HA - as a local resident, it's already gone.. NWA is not the place I grew up in anymore.
It snows on average 3 days a year, it's not like CO lol
It rains a lot in winter, but it doesn't really get that cold. Summers are hell, it's summers aren't much better than the deep south. Spring and Fall are the peak season there.
I love this town!!
Absolutely not! To live in a Wal-Mart Life Pod AND be in ARKANSAS is a waking nightmare!!
You also have to like living in a huge tourist town, because Bentonville is the biggest tourist destination in Arkansas and probably the biggest in the lower midwest
@mrvwbug4423 OH YIKES! No, thank you.
It's hard to imagine this town's reality. The roads must be congested for blocks, creating an unsustainable situation. Once the housing market crashes, people tend to leave.
You try not to drive in downtown Bentonville, the town is pretty walkable and extremely bikeable. I visited there in 2022, it wasn't that bad for traffic, but there is very little parking in downtown by design
@@mrvwbug4423 I believe that in the future, parking and congestion will increasingly worsen over time. Despite this, I am quite fond of that town, as I have cousins residing there.
Yah the traffic in Bentonville, especially during the work week is horrendous.
It is, it's awful and poorly managed
The biking and art is next level.
We didn't want the biking 10 years ago, it's just implants that Stuart Walton brought in. Crystal Bridges and the "art" is modern garbage that doesn't represent this area. Just New Yorkers.
I recently left springfield missouri, which is at the northern end of the same region geographically. It's obvious this whole region is really special for the midwest. I expect all of it will grow soon and frankly curious why it hasn't already grown. Springfield is full of cheap houses, plenty of jobs (bass pro & oreilly auto parts hq), plenty of nature to explore (ozark mountains, table rock lake, ect), so now it seems all they need is the humanistic amenities, aka nice infrastructure downtown areas ect for the place to really have it all, which is obviously what they are in the process of building.
Also the sole reason they aren't as big as kc, stl, and memphis is because it's not on a large river, which is obviously not quite as important now as it was 150 years ago when those cities had lots of growth.
It's going to be very interesting to see how the ozarks will grow.
The Walton family really can’t get enough of destroying small towns. They love it!
I moved here (Bella Vista) 3 years ago from Phoenix. It's a terrible place! People are friendly, Ozark mountains, $300,000 houses, reasonable cost of living, 4 seasons, etc. DON'T MOVE HERE PLEASE..
One of my friends said that Walmart is forcing corporate workers from all over the USA to move to Bentonville, AR or to San Luis Obispo, CA or get laid off. He quit the job.
The mountain biking is the primary reason for Bentonville's growth. It is one of the biggest MTB destinations in the world. Bentonville is now a tourist town first and the HQ of Wal Mart second.
Lol that’s a stretch
I know Wal-mart is a huge company, but I can't believe it takes 15,000 office workers to run it.
Thats just in one city
My employer has one commercial product (different industry) and we have 8000 employees lol
Wal mart is an "its who you know" company when it comes to hiring. No way I would work for them. I worked in grocery industry 25 years.
It doesn’t take 15000. That’s the trick. They say that to get tax cuts and make people think they are an amazing job creator. In reality they lay off or fire half of them or pay half of them as contract workers with no benefits and hardly a livable wage.
@@shasmi93 I worked in the grocery industry over 25 years. I trained new associates and did orientations the last 20 years for Publix. Over those years we had many former Walmart employees, everyone of them complained about Walmart cutting hours, benefits, vacation times with blackout dates, playing with the time clock. Same thing with former Winn Dixie, Albertsons, Kroger too. Walmart seemed to be the worst. Also we heard about massive food waste at all of these stores, again Walmart was the worst.
The disparity between this corporate campus and the average Walmart store is stark. Most Walmart stores seem like a ghetto. Dented cans in the dry foods aisles are common. It is infuriating how often their website gets in the way when you want to do something very basic, in part because the same site attempts to double as a site for each local bricks and mortar location, for in-person, self-managed shopping and as an aspiring Amazon clone, in spite of this being one of the biggest companies in the world with ostensibly deep pockets. It's remarkable to me that the company has not yet collapses when the stores themselves and the website are all dreadful, and you much prefer going to do grocery shopping at other chains like Publix or even Aldi. Go look at the replacement HVAC filter section in the hardware department of a typical supercenter ... it's a chaotic mess that looks like no employee has touched in two weeks. Russian employees on the sales floor will claim not to be able to speak English, but you know they couldn't possibly function under a grocery manager if they couldn't speak English, so apparently they are lying. Walmarts are a ghetto. There is a complete disconnect between the stores and site and this class that aspires to make Bentonville the next Mountain Home California, Google-esque campus with all of the ludicrious home-away-from-home corporate campus perks. Moreover, the campus takes up more land than necessary as they perpetuate the negative practice of building outward instead of up to alleviate the need for developing what could otherwise be virgin land.
Let them rush. Lmfao. People want to be part of aomwthing so bad theyll over pay to live in some town ruled by wally world.
Man aint nobody flocking to Arkansas. Yall need to stop
You have no clue about NWA. It's growing at an alarming rate in the space of last 18 months.
@@farzana6676 Some people are calling it little Seattle. The population projection is insane. It's already been ruined.
@Shifty-hb4fv Yeah as long as you keep Democrats out, you won't turn into Seattle. Democrats create Seattle, SF, Oakland, Chicago etc.
I see what you are doing. you are intentionally talking down NW Arkansas to keep people out and keep home/rent prices from rising. Yes, this place sucks. Don't come here.
Walton was sued and forced to pay minimum wage. Walmart has a history of underpaying their staff .
I would never move to Arkansas. Can we talk about how Arkansas is the ONLY state that doesn’t recognize the implied warranty of habitability? That means that landlords in Arkansas are NOT obligated to make any repairs to their property unless there is a violation of local health and safety codes.
While 99K is impressive for the state of AR, it is not the highest, and not much to write home about. The highest or among the highest is Maumelle, a suburb of Little Rock, with a median income of 114K.
What's there, an enclave of governmental apparatchicks?? Uni of AR??
It's also household income. It's not hard for two working age full time earners to pull that in anywhere in the country.
@@nouvelhomme8990 👌👌And for one of the largest corporations to be based there, is nothing short of mediocre.
Just a reminder- Alice Walton killed someone while drunk driving. 🥰
everybody has little boo boos every now and then. I'm sure she was held accountable and spent decades in prison, just like a poor person would.
@@connor_flanigan exactly haha
Imma need my Amazon delivery there
Walmart also has corporate offices in Hoboken, New Jersey and the San Francisco Bay Area. Either one of these is much more preferable than Bentonville if for no other reason than there are greater job opportunities in those places.
Most of the influx to Bentonville is remote workers, not Wal Mart workers. It's become a huge destination for remote workers
Are the Hattfield's and the McCoy's still feuding in Arkansas?
I worked nights for Sam’s Club for six months and it was decent to work for them. The reason I left was because my feet hurt from standing all night and standing on the standing forklift. You have to keep your feet very flat on the safety pedals. And Walmart has to be more conscientious of that, trying to get people off their feet and give them a stool if they’re checking out and what not
So many jobs require standing. It is very stressful on the body and mind. Every time I see a cashier who has to stand for long hours I have to wonder why they don't provide some sort of seat for them to take the weight off their feet. Whatever happened to ergonomics ?
@@eddenoy321 Self checkout.
@@eddenoy321Aldi provides seats. They’re the only store who does as far as I’m concerned.
😮H B g to be
I read that Walmart is closing underperforming stores in Atlanta now with more to come. Aldi is now the grocery chain that now leads in lowest prices in the US, and they plan to expand. Also, another German grocery chain, Lidl has plans to expand in the US as well. Walmart stock, a risk now. From 2010-2023 I bought 80% of my groceries at Walmart, now I get 80% of my groceries at Aldi, the other 20 does go to Walmart and other chains close by. Seems to be a pattern. Aldi also bought Winn Dixie.
Comparing Bentonville to Aspen ?
Great video, The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.
I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money with the help of my FA!
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
"Angela Lynn Schilling" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.!
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip!
This was not what Sam Walton had in mind when he began WalMart. His idea was to benefit the hardworking lower and middle class man and their families with affordable merchandise because that is where he came from. He would never have done what his greedy children have or approved of it. Walmart as we know it will come to an end, they have growing competition especially in grocery.
And you shop at Walmart
@@AlohaBlockchain There are other places that have what you need besides Walmart.
@@lesliemoore1656 Aldi for the win
@@AlohaBlockchain Corporate shilling gets you nowhere. Aldi exists. Kroger exists. Meijer and local markets exist, and some of us put our money where our mouths are. Hold this L.
@@LiquidDIO If you are okay paying a premium for the same products, good for you. I hope your children are okay with a lower standard of living. I personally am not willing to pay $4 for a Coke at the mom and pop store around the corner from me, especially with their inconvenient hours and lack of selection.
We don't have the infrastructure. It's a traffic nightmare with only one straight 6 lane north-south Interstate. The cost of living is pushing out the locals and all those surrounding towns.
My cousin bought a home there a few months ago for about $220k. It's a starter home, but still a newly built home.
That's actually a good price for there, Bentonville is getting expensive very quickly