Originally Posted by MarkS
The premise is that Wall-Marred depends on distant shoppers. This is becoming less and less true, at least where I live. In something like 5 years 4 WalMarts have sprung up in my immediate neighborhood where there used to be none. Gosh, what did we ever buy *before* WM ? The nearest one is like a mile and a half away. Even at $10 gas, people can drive that far.
I was concentrating on the prior level to store shelves, wholesale. Or another way to think of it - nobody makes disposable diapers in Oakland. People have enough gas to get to the store, but does Walmart have enough to truck/ ship it from Malaysia? This could be the end of the $6 hair dryer we sold our downtowns for.