Wal-Mart's Micro-Mini Opportunity (Now opening convenience stores?)

Daily Finance ^ | November 11, 2013 | Rich Duprey, The Motley Fool

[Gaffer]

Oh Mercy! Ah-Poo is very, very frightened at this particular point in time...

[NautiNurse]

Title edit: (Now opening convenience stores?)

Why the question mark?

[kearnyirish2]

“Ah-Poo is very, very frightened at this particular point in time...”

He should be; my town just opened its first 7-11, and a neighboring town opened one within a mile, and they are better deals than the family-owned Indian covenience stores that have sprung up all over the area in recent years (replacing traditional American delis). If Wal-Mart displaces even the 7-11s, there won’t be many American jobs lost - they don’t hire very many around here (northern NJ).

[abb]

A huge opportunity for Wal-Mart. The markups in these stores is astronomical. It never ceases to amaze me whenever I buy gasoline at one of these stores, the number of folks buying junk, lottery tickets, beer, and so forth.

Impulse buying, I believe it’s called.

[2ndDivisionVet]

Reading the article should answer your question.

[warchild9]

End-of-the-day decision fatigue

Wiki “decision fatigue”

It explains why the tards drive so horrendously bad at the end of the day, as well

[cynwoody]

Methinks this might be bad newz for certain immigrant groups. Just ask Plugs.

[NautiNurse]

LOL. It was after reading the article that I didn’t understand your need to edit the title and add a question mark.

[2ndDivisionVet]

Wal-Mart has only built the one small C-Store in Bentonville so far, but the article discusses whether they will follow-on with multiple units.

[kearnyirish2]

See # 4; 7-11 is already making a play for those dollars in my area. I wouldn’t call it “impulse buying”; I believe it is more related to the growing phenomenon of unmarried, childless young adults buying (their version of) staples on their way to & from work. Who will cook meals every day for just themselves or maybe one other person?

In my area these Indian convenience stores have replaced many traditional American delis, and gas stations bought by Asians have replaced their mechanics’ bays with convenience stores (there actually is a caste angle to this; the Indians that are in the merchant class are not the same as those that fix cars, so they either hire American mechanices or convert the bays to a store). One thing you can be assured of: air for your tires will never again be free. Another thing (not so certain): The bathroom is probably not available.

[cynwoody]

One thing you can be assured of: air for your tires will never again be free. Another thing (not so certain): The bathroom is probably not available.

http://www.wikihow.com/Use-an-Indian-Bathroom

The market will decide. Unless the God-damned USG gets involved.

[BlessedBeGod]

Wow — they’ll be able to undersell the other convenience stores easily!

[NautiNurse]

the article discusses whether they will follow-on with multiple units.

Do you mean the 300 new WalMart compact stores planned to open through 2014?

[cynwoody]

In my area these Indian convenience stores have replaced many traditional American delis, and gas stations bought by Asians have replaced their mechanics’ bays with convenience stores (there actually is a caste angle to this; the Indians that are in the merchant class are not the same as those that fix cars, so they either hire American mechanices or convert the bays to a store).

A regrettable inefficiency, for which they deserve to lose out to WalMart!

[Reeses]

This is the key factor: record numbers of people on food stamps Walmart is going after Obama's growing inner city crowd. These low information shoppers do not drive so are an untapped market for Walmart. With their freeloader cards they are easy to profit off of, at least until they help themselves to all the convenient free stuff. Many a business venture has failed from targeting Democrat customers.

[driftdiver]

cool another place to buy melamine from China!

[kearnyirish2]

“A regrettable inefficiency, for which they deserve to lose out to WalMart!”

Yeah; I guess they don’t hire people from other castes. An Indian friend that works in a convenience store owned by his family never buys ANYTHING in other stores when we’re out; he tells me the markup is incredible.

[sneakers]

Nothing beatz Sheetz!

https://www.sheetz.com/

[kearnyirish2]

“This is the key factor: record numbers of people on food stamps Walmart is going after Obama’s growing inner city crowd. These low information shoppers do not drive so are an untapped market for Walmart.”

I think many of these people ARE driving now (their cars are newer than mine), but I agree that Wal-Mart may be targeting the urban areas. Why not? They made a ton of money targeting white welfare recipients all over the country; their pictures are all over the internet.