Friday, June 1, 2007
Wal-Mart To Scale Back US Store Expansions
You might want to read this article. At their annual meeting today, Wal-Mart announced that they are going to scale-back their US store expansion plans. Now, we're not saying what locations they plan not to build, but we can suggest a very good one: Drop out of the Oro Valley Markeplace. Please. Please. Please.
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4 comments:
Wishing and Hoping!!
We really don't need another
Wal Mart!
Crossing all my fingers and toes
I would be howling with joy.
Wal-Mart is horribly Locked-in to an old Success Formula that is increasingly out of step with customer needs. As a result they have admitted their growth will slow and they are using money to manipulate EPS rather than grow. Wal-Mart had a great past, but does not look to have a good future. Read more at http://www.ThePhoenixPrinciple.com
Adam,
Your analysis of the Wal-Mart situation is very interesting. Wal-Mart has many ways to reinvent itself. Building a store using Vestar's Corporate Welfare here in Oro Valley is not one of them.
I followed up on Adam's suggestion, and would think our LOVE readers would enjoy reading
the Phoenix Principle, and other postings on Adam's blog.
Aside to Adam Hartung: Thanks for visiting our blog, and for your thoughtful comment. Welcome back anytime.
Art
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