The Wal-Mart Weekly: Supercenter changes happening in my area
Posted by: in Stocks Money NewsFiled under: Wal-Mart (WMT), Columns
Welcome to the 32nd installment of The Wal-Mart Weekly, a column dedicated to bringing you insight, wit, facts, results, opinions and just a bit of everything else when it comes down to a very hot topic these days: Wal-Mart.
Last week, I looked at a recent article in The Wall Street Journal that suggested Wal-Mart Stores, Inc. (NYSE: WMT) era of big retailing was coming to an end. That is, customers are actually tired of the same-ole Wal-Mart, with the same product selections, outdated store formats, and impersonal shopping experiences.
I doubt Wal-Mart is going anywhere anytime soon, but it may just have to be content with the core customer base of ‘price is everything’ consumers soon unless it wants to win back former customers that have bolted for Target Corporation (NYSE: TGT) stores and attract the ‘new’ customer who wants a custom shopping experience in an attractive environment — something Wal-Mart is far from providing with its all-are-the-same Supercenter format.
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