The news feature referenced on the front page of this week's SN takes a look at California and how change is being driven by the impending advent of Wal-Mart supercenters into the state. The conventional wisdom about Wal-Mart is that it will blanket the state with supercenters, capturing significant market share from incumbent supermarket retailers. As is often the case, the conventional wisdom looks solid enough. Indeed, it seemed solid enough to have formed much of the rationale for the ...
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