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

Wal-Mart might as well be the first chain mentioned in this category.  Since its founding in 1962, Wal-Mart has flourished to become the world’s top retailer by far.  How does the Wal-Mart 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, Wal-Mart 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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