Wal-Mart’s Big Hispanic Move
Wal-Mart is endlessly fascinating for their clear eyed view of and response to the marketplace. It’s not just that they see demographic and cultural changes but they create and execute strategies that leave their competition in the dust.
A case in point is Wal-Mart’s decision to open a new store division, Supermercado de Wal-Mart. According to the blog, Citizen Sugar, “Retail giant Wal-Mart will soon open Hispanic-focused grocery stores in Texas and Arizona. The staff will be bilingual and the stores will feature tortilla bakeries, a larger selection of Spanish-language music and DVDs, and a wide assortment of Hispanic food.”
In addition to Supermercado de Wal-Mart, the company is also opening an Hispanic version of its Sam’s Club called Club Mas.
It is interesting that Wal-Mart feels they actually need a completely separate shopping venue to attract Hispanic shoppers. When you look at Wal-Mart success in Mexico, it makes you wonder if they are planning a cross border strategy. Now that is a global retailer.
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