Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Wal-Mart’s annual meeting is taking place this week, and investors have plenty of reason to celebrate, given that the retailer is prevailing while others are struggling during the recession.But this article asks a question we hadn’t given much thought to: “Can these gains last when the economy improves and shoppers once again choose to shop elsewhere?”“The battle among retailers is to get footsteps in the store,” says Gilford Securities analyst Bernard Sosnick. “I don’t know what’s going to happen three years after a recovery, but I know what’s going to happen at its inception — whoever’s got the footsteps will benefit.”Before things started going down hill, Target would consistently post better monthly sales than its larger rival. Will we see another shift whenever this crazy economy stabilizes, or is Wal-Mart’s dominance here to stay?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.