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52%  
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Keyword: greatstore

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  • Outsmarting Wal-Mart(Price isn't everything.)

    03/23/2005 10:47:44 AM PST · by kellynla · 210 replies · 3,949+ views
    CNN/Money ^ | 3/23/2005 | Parija Bhatnagar
    It sounds counterintuitive. But a new report says the secret to retailers' survival in a Wal-Mart world isn't about attempting to outrun the 800-pound retail gorilla but about the ability to maneuver around it, according to a recent study entitled "Outsmarting Wal-Mart" from the global retail practice unit of New York-based consulting firm Bain & Company. So who's thriving in a Wal-Mart world? The report's authors, Darrell Rigby and Dan Haas, picked Best Buy (Research) in consumer electronics; Walgreen (Research) in pharmacy products; Wal-Mart's arch-rival Target (Research) in the discount arena; PetsMart (Research) in pet supplies; and privately held regional...