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Kmarts in Winchester and Hazard, Sears in Middlesboro to close
#29
Bob Seger Wrote:I dont know that WalMart will emphasize SuperCenters for right now. What you will see is a smaller concept of the SuperCenter which WalMart calls Neighborhood Markets. Dollar General has been the one store that has successfully attacked and taken market share away from WalMart. The more rural the store, the more successful the Dollar General store has been. The new Neighborhood Market concept is a scaled down version of the SuperCenter that will carry a reduced number of items that will go directly back at the Dollar General stores. I think WalMart expantion will be with this type of store in the smaller rural markets where the DG's are thriving. KMart on the other hand just simply does not have the financial resources to use the same pricing tactics as WalMart to run someone else out of business. Trust me when the KMart (or whatever the competitor it may be) is gone you will then see current KMart pricing in WalMart stores. WalMarts are only cheap where they have to be.


While it may be a surprise that a CEO, CFO or whomever it may be of WalMart may come out publicly with a statement like you read, it has always been in reality the true directiveness of WalMart to use whatever preditory means it takes to eliminate competition, and then to raise prices once that objective has been completed. WalMart in reality is the true Evil Giant of this country.
On a side note, Magoffin County has 4 Dollar Stores. Two Dollar General and two Family Dollar. I would think that the Louisa WalMart is one of those that you are talking about. It says supercenter, but it is very small.
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Kmarts in Winchester and Hazard, Sears in Middlesboro to close - by TheRealVille - 12-31-2011, 11:29 AM

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