I lived near a shopping center anchored by a Walmart. Walmart moved to a larger store, and blocked anyone that might compete from relocating there. (A lousy trick, but it's their lease)
The shopping center dropped dead. All the small stores had to move because of lost business, and it took a good 5 years for things to start recovering.
Liberals are constanting whipping up hate for large companies and big businesses, but they are major generators of our way of life. You take them down at your own loss.
The shopping center dropped dead. All the small stores had to move because of lost business, and it took a good 5 years for things to start recovering.
Sorry but it is very hard for me to believe that Walmart is locking out smaller shops to avoid competition.
I have been to well over twenty Walmarts and the vast majority, including my hometown store, have thrived. This particular location was on lifesupport before Walmart moved in. Now this Walmart is surrounded by a Dollar store, Burger King, Unicel, Olympia Sports, Hallmark, Supercuts, 99 Restaraunt, Walgreens, Pizzaria Uno and Dunkin Donuts.
I go to Shaws all the time now because I need to pick something up at Walmart (and visa-versa.) I'll go to the dollar store when I need a couple items I can find there and need to get in and out quick.
Not only have I seen the evidence here and at every other location of Walmart's midas touch rubbing off on surrounding businesses it is only to Walmart's advantage to have smaller shops that have specialities that draw consumers to the location. It is a two-way street.
And of the Super Walmarts which are often a ground-breaking endeavour (brand new) surrounding plazas still benefit from the draw. Walmart creates an economic eco-system that does actually increase sales traffic and lifts the quality of service at the smaller stores.
So your example is contrary to anything I have seen myself or read about.