Friday, May 25, 2012

Watch Trends at Wal-Mart for Clues about the Future

Here, in Wisconsin, the competitive edge is going to go to convenience stores that redefine themselves as low-cost food stores! For instance, the Wisconsin Kwik Trip chain is moving into groceries and away from gas sales, and its stores in effect are low-cost grocery stores first, and gas stations second. Wal-Mart too is moving more and more away from selling things to selling food. What does this tell us about the future? For this writer it suggests, people are going to have less and less money, and they will have to eat first.

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