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My Walmart story.

shilala

shilala

Lifer
I just heard an interesting story about the Walmart in Clearfield, PA.
Awhile back, the Kmart down the street from that store folded.
As it turns out, Walmart has been leasing the building where Kmart was housed for a couple years now. They don't use it at all, it just sits there.
Apparantly they've tied it up because it's the only building in the area large enough to house a competing retailer.

I thought that was good sense until I found that they rent 4 more local facilities to warehouse their junk.
As it turns out, they don't want anyone to know.

The source of the story was the brother-in-law of the guy that leases the building to Wally. He's also brokered the deals for two of their other storage facilities.

The part I haven't figured out is that their regional distribution center is just a few miles away from the store I mentioned.
 
Happens all the time. There was a grocery store down the street from me, another competitor bought the building, then didn't renew their lease when it came up. Shut it down, and left it empty for years.
 
Originally posted by: AccruedExpenditure
Who cares... its business, stop complaining.
Click to expand...
That didn't even sound like a complaint, did it?
I was just interested by the tactic, thought it a bit odd. Perhaps even overzealous.

 
Buying or leasing something so that your competitor can't get it is a very normal business practice. Nothing new or illegal about it.

Mark
 
Originally posted by: Minjin
Buying or leasing something so that your competitor can't get it is a very normal business practice. Nothing new or illegal about it.

Mark
Click to expand...

I thought that with their market share they'd be able to get along without that sort of nonsense.
On further review, I suppose that's how they gained their market share.
 
This happens all the time in different industries.

The Bingo hall I used to work out leased 3 of the closest locations that could house other Bingo halls.
 
I went to WalMart this afternoon. I bought D cells for my Mag light and a 250W bulb for the heat lamp in the bathroom (it's getting cold enough that I might consider using it).

I think there should be a pre-test for the self-check out lanes. If you can't figure out how to scan your crap, you shouldn't be using self-check out.


I think I'll go back tomorrow to buy some ammunition.
 
Here in Atlanta the grocery business is so fierce that Kroger actually bought a closed down supermarket and opened up one of their own in its place. The catch? There is a Kroger directly across the street from it! Business is about survival and most any company will do whatever it takes to keep ahead and stay alive.


Peace


Lounatik
 
Originally posted by: shilala
I just heard an interesting story about the Walmart in Clearfield, PA.
Awhile back, the Kmart down the street from that store folded.
As it turns out, Walmart has been leasing the building where Kmart was housed for a couple years now. They don't use it at all, it just sits there.
Apparantly they've tied it up because it's the only building in the area large enough to house a competing retailer.

I thought that was good sense until I found that they rent 4 more local facilities to warehouse their junk.
As it turns out, they don't want anyone to know.

The source of the story was the brother-in-law of the guy that leases the building to Wally. He's also brokered the deals for two of their other storage facilities.

The part I haven't figured out is that their regional distribution center is just a few miles away from the store I mentioned.
Click to expand...

No surprise.

This happens all the time. Ironically, Wal-Mart often abandons their old stores in favor of building new Super Centers and leaves them sit.
 
Originally posted by: Lounatik
Here in Atlanta the grocery business is so fierce that Kroger actually bought a closed down supermarket and opened up one of their own in its place. The catch? There is a Kroger directly across the street from it! Business is about survival and most any company will do whatever it takes to keep ahead and stay alive.


Peace


Lounatik
Click to expand...
In a fierce market like you describe, that makes sense. Often it is a total hassle to turn left into a business, and many places fail becuse they are on the wrong side of the road.
In that neighborhood, Kroger's has got you coming AND going, LOL!

 
I have'nt been in wal-mart in 10 years. Between selling all china, employing illegal aleins, paying wages so low people are eligible for food stamps and welfare it's not my thing. Then the clientel is a bit shall we say "court house line"
 
Originally posted by: skyking
Originally posted by: Lounatik
Here in Atlanta the grocery business is so fierce that Kroger actually bought a closed down supermarket and opened up one of their own in its place. The catch? There is a Kroger directly across the street from it! Business is about survival and most any company will do whatever it takes to keep ahead and stay alive.


Peace


Lounatik
Click to expand...
In a fierce market like you describe, that makes sense. Often it is a total hassle to turn left into a business, and many places fail becuse they are on the wrong side of the road.
In that neighborhood, Kroger's has got you coming AND going, LOL!
Click to expand...



You sir, are 100% correct! Give this man a prize! I see exactly what you are talking about on an everyday basis(Im in the food industry) We have had several Krogers and Publix' close their doors and relocate just on the other side of the road and have seen business literally triple compared to what it as like in their prior location. Its amazing that a supermarket can do so much more business being on the right side of the road. Especially on the side where there is tremendous amounts of traffic heading home in the afternoon and momma has to stop off real quick for a few things here and there. It really adds up overall.

It has actually taken the big 3(Kro,Pub and Wal) up until about a year ago to figure this pattern out. Then again, if you live here in ATL and you dont like the road, just wait a few months and it will be widened.


Peace


Lounatik
 
Originally posted by: Sphexi
Happens all the time. There was a grocery store down the street from me, another competitor bought the building, then didn't renew their lease when it came up. Shut it down, and left it empty for years.
Click to expand...

same story here
 
Another example of how rabid Wal-Mart can be: A smaller community passed zoning regulations limiting the size of a building to 100,000sf in an attempt to block Wal-Marts plans for a huge new store. Wal-Mart showed them who wa boss, and built 2 99,000sf stores RIGHT NEXT TO EACH OTHER.

(the numbers may not be accurate, as it's been a while since I read about it, but you get the idea)
 
Originally posted by: skyking
Originally posted by: Lounatik
Here in Atlanta the grocery business is so fierce that Kroger actually bought a closed down supermarket and opened up one of their own in its place. The catch? There is a Kroger directly across the street from it! Business is about survival and most any company will do whatever it takes to keep ahead and stay alive.


Peace


Lounatik
Click to expand...
In a fierce market like you describe, that makes sense. Often it is a total hassle to turn left into a business, and many places fail becuse they are on the wrong side of the road.
In that neighborhood, Kroger's has got you coming AND going, LOL!
Click to expand...

Luckily Shilala doesn't have this problem. There just ain't much in Clearfield, and there Walmart sucks even compared to the other Walmarts around except Dubois which really sucks.
 
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