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The Way I See It!

I am an Ultra-Conservative, Alpha-Male, True Authentic Leader, Type "C" Personality, who is very active in my community; whether it is donating time, clothes or money for Project Concern or going to Common Council meetings and voicing my opinions. As a blogger, I intend to provide a different viewpoint "The way I see it!" on various world, national and local issues with a few helpful tips & tidbits sprinkled in.

The Wal-Mart Puzzle

Wal-Mart

The economy is tanking.  So why is the megaretailer thriving?

 

Which brings us to the mystery of Wal-Mart.  The nation's largest retailer, which caters to working-class customers, seems to have something of a sweet spot. 

 

The reason is that Wal-Mart sells necessities, not discretionary items. The overwhelming majority of its sales are not impulse buys.  Even in a recession most people don't drastically reduce their spending on staple groceries, light bulbs, or diapers.

 

Second, Wal-Mart's cheapo reputation is serving it well.

 

Full Article Here

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