Walmart opened its first international store in 1991, just one year after it became the largest retailer in the US. Today, Walmart’s presence is felt in 16 countries around the world, stretching from Sao Paulo to Shanghai. Its International division alone generates sales of $100 billion, which on its own would make it the 4th [...]
Posts from ‘November, 2010’
Thirty years ago, Little Rock, Arkansas and Joplin, Missouri were among Walmart’s largest metropolitan areas. At that time, Walmart was still focused on its small-town strategy, targeting the rural areas of America that its competitors had originally considered too small to support a store of Walmart’s size. How wrong they were.
Today, Walmart’s influence across America’s heartland [...]
Churches, hospitals and shipping containers are not the most conventional of retail sites. However, as organic growth opportunities dry up for large grocery formats, Tesco and peers are becoming increasingly creative in their store planning. This week we saw one of the most bizarre openings to date – Tesco’s first church conversion.
Now Tesco has already [...]