Wal-Mart Message Board - Msg: 1607048

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Wal-Mart

WMT 103.22

+0.7%

11:58 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ken Turetzky who wrote (21)	6/17/1997 3:38:00 PM
From: Jack L. Dlugach	of 1166

Ken: They seem to be expanding pretty aggressively in California. We visited their SuperStore in Cerritos which is near one of the big regional shopping centers and it's doing a great business. From what I've seen, I don't think Target is any real competition when Wal-Mart moves in and, certainly, K-Mart has proven that it's in no position to challenge WMT's lead. Maybe you saw the disastrous KM-Canada business while Wal-Mart, a relatively new entry to that country, is already the top contender. By "urban" areas, I don't mean downtown because I think in the big cities these discounters can't operate on their thin margins when they have to pay high real estate prices, as K-Mart found out in Manhattan. But there is still a lot of room for WMT to expand into urban "commute" areas of the bigger cities, such as they've done in some areas of Los Angeles and Orange Counties.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next