Monday, August 18, 2008

Wal-Mart End of an era

Is the Wal-Mart supercenter with one-stop shopping hitting the end of its reign. The pricing gap has narrowed between Wal-Mart and rivals. Some of the reasons for the demise are: consumers are demanding more freshness and choice, inability to attract the more affluent buyer and the Internet. I have gone to Wal-Mart a few times and I get overwhelmed with the choices. I have found that Costco stores have opened everywhere and they tend to organize all their stores in a similar layout so I do not have to wander around looking for things if I go into a new store. I have purchased everything from bulk foods, to wines, fresh produce, electronics and OTC drugs. I have heard they pay their employees more and treat them better. I was on Kauai a few months ago and a young musician said he works at Costco in the daytime and plays music at night since they offer health benefits and flexible hours. The Internet offers another alternative. Just ask the next generation. So Wal-Mart look out.

No comments: