Competition With Wal-Mart Continues to Exact a Toll

Late last month, Wal-Mart Stores broached what seemed to be some good news for conventional supermarket operators, namely that its torrid rollout pace was destined to slow a bit. Yet, as was mentioned on this page at the time (SN, Oct. 30), unmitigated glee might not be totally warranted. To be sure, Wal-Mart asserted that it would reduce its domestic expansion plans, focus more on international growth

Late last month, Wal-Mart Stores broached what seemed to be some good news for conventional supermarket operators, namely that its torrid rollout pace was destined to slow a bit.

Yet, as was mentioned on this page at the time (SN, Oct. 30), unmitigated glee might not be totally warranted. To be sure, Wal-Mart asserted that it would reduce its domestic expansion plans, focus more on international growth and become more cautious in its new-store development in a bid to limit self-cannib

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