Can someone explain the Walmart small store strategy, please?
I don't get it. I guess I am not just not as smart as the folks in Bentonville. Walmart was originally a dumpy box of a store with the interior feel of a warehouse. It wasn't a great place to shop, although it sure was the place to buy American and cheaply, at that. Now the stores look nicer and the products are all from China but the media says Target, which I still enjoy way, way more than a Walmart, may be cheaper . (My wife prefers Walmart locally because of size, perceived value and the fact that our Target isn't a super store.) But that isn't the main thrust of this piece. Rather, it is about the small store format that the company is pursing. I really don't get that. So Walmart is going to open a 10,000 sf store in Chatham, a south side Chicago area known as a solid middle class minority neighborhood. (Yes, I have driven through it and driven by this site many times. It is not a particularly pedestrian friendly location, though not an awful one eit