The Wal-Mart Effect: Wave of Destruction or Creative Destruction?

During the past quarter century, large multistore retailers have experienced considerable growth. In this article, we examine the widely held belief that the expansion of these chain stores, Wal-Mart in particular, has had a large negative impact on the small locally owned retail sector. Our analysi...

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Veröffentlicht in:	Economic geography 2009-04, Vol.85 (2), p.209-236
Hauptverfasser:	Paruchuri, Srikanth, Baum, Joel A. C., Potere, David
Format:	Artikel
Sprache:	eng
Schlagworte:	America Antique stores Bgi / Prodig Chain stores Competition Consumer economics Discount department stores Economic competition Economic development Economic geography Economic impact analysis entry exit Expansion Florida Hair salons Home furnishings Impact analysis Independent grocery stores Independent retailers Large enterprises Local economy Market entry Market strategy Markets Postal codes Retail stores Retail trade Shopping Small and medium sized enterprises Small business South Atlantic Studies U.S.A United States of America Wal-Mart Wal-Mart Stores, Inc ZIP codes
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