« Urban Farm Eviction in LA | Main | New Urbanists Vs. Psychogeographers Kickball Challenge »

Walmart to Subsidize Competition?!

Michael Barbaro reports in today's New York Times:

Walmart stores, whose voracious, all-in-one retailing model has crippled thousands of competitors over the last 40 years, is turning to an unusual business plan: helping its rivals.

The giant discount retailer, under assault as never before by critics, announced a wide-ranging effort today to support small business near its new urban stores, including the hardware stores, dress shops and bakeries with which it competes.

Under the program, Wal-Mart will offer those businesses financial grants, training on how to survive with Wal-Mart in town and even free advertising within a Wal-Mart store.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/63325/5174768

Listed below are links to weblogs that reference Walmart to Subsidize Competition?!:

Comments

Post a comment

If you have a TypeKey or TypePad account, please Sign In

uc categories


uc sponsors