Sign up for our newsletter

Better With Wal-Mart Than Without

Editor’s Note: In 1988, Iowa economist Kenneth Stone conducted the first study of the impact of Wal-Mart stores that were then springing up across rural America.  Stone’s original conclusion was that, yes, Wal-Mart took business from local retailers. But, he found, if local retailers could differentiate themselves from the selection of goods found at the huge […]