Walmart - the bank? cnn/money

[flygal]

http://money.cnn.com/2005/01/26/news/fortune500/walmart_future/index.htm

snip

Despite its wobbly performance during the 2004 holiday shopping season, when consumers shunned Wal-Mart for being stingy with discounts, Retail Forward projects that the company is still on track to hit $500 billion in sales by 2010, accounting for a whopping 12 percent of all retail sales in the United States.

"While the world waits for Wal-Mart to collapse under its own weight, Wal-Mart waits for no one, demonstrating a remarkable capacity to manage the retail life cycle and keep right on rolling," Retail Forward said in a recently published report Wal-Mart 2010. The firm provides market and consumer research to Wal-Mart.

But while Skrovan said consumers should expect Wal-Mart to become an even bigger force in areas such as food, beauty, clothes, toys and electronics, watch out for Wal-Mart's footprint to expand outside of retailing.

Aside from banking, she lists travel services, healthcare, fuel refining and publishing as a few of the most appealing new businesses for the retailer although some industry watchers say they're skeptical about those growth areas.

[Liberal In Texas]

1. Great. Let them. I won't be there. And I hope the rest of DU as well.

[TwentyFive]

2. Just like the Roman empire.

They have conquered and brought misery to millions. Eventually, paybacks will catch up to them, and they will collapse. Idiots that don't read history are doomed to repeat it.

[Melynn]

3. The great Wal-Mart empire is ready to fall

The current Wal-Mart management team is arrogant and has angered many people, including some on the right, with their bully boy antics.

The problem for Wally World is that they aren't a monopoly....yet.
So people still have a choice of where they can shop and increasing people are shopping at other retailers besides Wal-Mart.