“One of the main problems Wal-Mart has had in recent years is where else to grow. They saturated most every market in the country along with all the other big box retailers. Their solution has been to build more stores in clusters around existing stores.”
No there is no “saturation”. Clearly this individual has NO IDEA the market research that goes into where to uild a store. This is Businsess 101. Discretionary income, buying habits and customer profiles are purchased by Walmart and other retail stores to determine placement of a new store.
Walmart is also more closely aligning IN STORE merchandise to the AREA they put the store in. If it is a HISPANIC area they will have more products that CATER TO HISPANICS. Walmart has definitely fine tuned their merchandise even further to WHO LIVES IN THE AREA. It’s not a mass buyind decision allotated all of the country.
Walmart is also upping it’s product line to cater to the upper middle and upper class in areas where it makes sense. It’s WORKING TOO!
Clearly this blog ow whatever he is has NO CLUE on what Walmart is up to as it INCREASES and SURGES AHEAD of other retailers.
“There is NO LIMIT to growth of Walmart and other stores like that.”
No limit? Hey I have a bridge to sell you since you live in fantasy land.
“No there is no saturation. Clearly this individual has NO IDEA the market research that goes into where to uild a store”
Clearly you are in love with Walmart.
“Clearly this blog ow whatever he is has NO CLUE on what Walmart is up to as it INCREASES and SURGES AHEAD of other retailers.”
In the South East it has lost market share in the grocery business to Publix Supermarkets.
You are flat out wrong here. I don't agree with this guy's premise that we'll go back to mom and pop stores, but saturation is real.
People said the same thing about Starbucks and in some areas they had 3 on the same corner! But we all know how that panned out. Saturation and poor economy caused them to start closing stores.
I can personally tell you that they do cannibalize sells when opening so many, cause my wife now shops at one further away cause it is nicer (her words). If it wasn't there, she would still be shopping at the old store.
Also they closed the one closest to us a few years ago, Of course, even the blacks I work with, called it Ghetto-Mart. This economy is most like going to get worse, and more stores from all chains will close, as they pull back from unprofitable areas.
Even if the economy gets better, Wal-Mart will still find it harder and harder to keep pace as they are already about everywhere. Remember A & P, they had more stores than Wal-Mart does now, and were the top dog. Now they are gone. I don't expect Wal-Mart to fold any time soon, but they are not guaranteed success forever.
Plus I guess this guy doesn’t realize that walmart sells online too.