Yeah, success breeds contempt. Just ask Wal-Mart
In their quest to stymie Wal-Mart's store expansion, grocers such as Supervalu
According to the Wall Street Journal:
As Wal-Mart Stores Inc. has grown into the largest grocery seller in the U.S., similar battles have played out in hundreds of towns like Mundelein. Local activists and union groups have been the public face of much of the resistance. But in scores of cases, large supermarket chains including Supervalu Inc., Safeway Inc. and Ahold NV have retained Saint Consulting to block Wal-Mart.
Saint has called his staff the "Wal-Mart killers."
Wal-Mart has had a tough year growing sales, while other retailers fared better, but it looks like the rivalry among grocers could really heat up. Groceries appear to be the promised land for discount retailers looking for expansion, since food is a necessity and draws traffic to a store. Target
Is Wal-Mart a victim of its own success as a grocer? And does it deserve what it's getting? Let us know in the comments below.
Jim Royal, Ph.D., does not own shares in any company mentioned. Wal-Mart Stores is a Motley Fool Inside Value selection. Try any of our Foolish newsletters today, free for 30 days. The Fool has a disclosure policy.
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