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Research shows that grocery stores reduce prices to compete with Walmart Supercenters. This study finds evidence that the competitive effects of two other big box retailers – Costco and Walmart-owned Sam's Club – are quite different. Using city-level panel grocery price data matched with a...
Persistent link: https://www.econbiz.de/10008852059
This essay explores the relationship between commerce and culture in the context of the recent debate over the social effect of Wal-Mart. In spite of much public debate, little is known about how Wal-Mart affects values. Using data collected from multiple sources, we show there is little...
Persistent link: https://www.econbiz.de/10004970420
Persistent link: https://www.econbiz.de/10005705909
Sol Price and Sam Walton changed retail in the twentieth century. Price changed retail by combining knowledge he … assembled from real estate law and the firms he observed to find creative ways to innovate in discount retail. Walton, too … acquired from studying retail logistics to develop a supply chain that dramatically lowered costs and passed those savings onto …
Persistent link: https://www.econbiz.de/10014336363