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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 2997 |
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However, the arrival of Wal-Mart means that this time-tested strategy will no longer be relevant. While Wal-Mart's exact plans for expansion are still unclear, it has been speculated that the company could have as many as 10-20 Sam's Club stores in Canada by the year's end. This will prove to be a direct threat to Loblaw's' existing market strengths...
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This will prove to be a direct threat to Loblaw's' existing market strengths. For one, Wal-Mart has long established itself as a cost leader. While supermarkets such as Loblaw's use size and scale to achieve cost leadership, Wal-Mart is the largest retailer in the world, has an extremely efficient supply chain and is using technology to cut costs further...
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