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Warehouse Clubs and Discount Department Stores Battle for Market Share, Business and Industry Trends Analysis

Walmart might as well be the first chain mentioned in this category.  Since its founding in 1962, Walmart has flourished to become the world’s top retailer by far.  How does the Walmart method work?  Primarily, it meets the simple needs of average consumers by using money-back guarantees, everyday low prices, merchandise that is rarely out of stock, ease of access and floor help trained to offer assistance.  Interestingly, Walmart was first conceptualized as a rural store—a modern general store if you will—located in smaller communities that lacked much in the way of local shopping facilities.  However, once it had conquered…

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