6min chapter

The Knowledge Project with Shane Parrish cover image

Proven Strategies to Accelerate Growth, Productivity and Profits with George Stalk, Jr.

The Knowledge Project with Shane Parrish

CHAPTER

Target and Walmart's Competitive Advantage

Walmart used to have the store managers fly in the bentonville every two weeks and talk about what's going on in the business so they can make adjustments Kmart did it's you know, I threw a toy michigan You know back in michigan. They decided what was going on inside the stores walmart was able to change its mix of product much more quickly to local market conditions than Sam's or sobies. The big difference in and uh Warehouse stores is the way they get paid because it They're their customers. If there's an analogy in canada, it would be lob laws versus sobies Or I think sobies has positioned itself a slightly more upscale slightly

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