Wal-Mart no longer has any real rivals. It does more business than Target, Sears, Kmart, J.C. Penney, Safeway, and Kroger combined. “Clearly,” says Edward Fox, head of Southern Methodist University’s J.C. Penney Center for Retailing Excellence, “Wal-Mart is more powerful than any retailer has ever been.” It is, in fact, so big and so furtively powerful as to have become an entirely different order of corporate being.
- Wal-Mart has no real rivals
- Wal-Mart is more powerful than any retailer in history
- Does more business than Target, Sears, Kmart, J.C. Penny, Safeway, and Kroger combined!