Wal-Mart’s Impacts On the American Supermarket Industry. (2004)
Topics: Economic/Small Business | Hiring an Expert
This DSR Marketing System study focuses on Oklahoma City, OK. “Between July, 1998 and the end of 2003, 31 supermarkets in the Oklahoma City area, representing a total of 1.24 million square feet of floor space, have closed and remain vacant…The opening of 17 new Wal-Mart grocery stores has already produced the closure…(at) a ratio of almost two closures for each new Wal-Mart store…Wal-Mart has also closed 5 of its discount stores and 2 Sam’s Clubs, leaving an additional 538,000 s.f. of vacant space on the local real estate market.”
