On this page, Forbes introduces its analysis of WM's next commercial victims, after pummeling Toys R Us:
Of particular interest is how WM is becoming an ever largest retailer of gasoline:
There are 1,555 stations on Wal-Mart properties, 300 of which are operated directly by Wal-Mart's warehouse arm Sam's Club and the rest by third-party vendors like Murphy USA. Launched in 1996, its pumps already have a 3% share of U.S. retail gas sales--the tenth largest in the U.S. As Wal-Mart's share grows, the only question is whether Wal-Mart will oust its vendors and go it alone.
Posted by Kevin on November, 10 2004 at 10:29 AM
