April 12, 2005

A Pretty Small Place for ShopKo

ShopKo is under new ownership. It now prides itself on being the discount store that doesn't want to compete with Wal-Mart and Target!:

He said the company didn't plan to compete head-to-head against Wal-Mart Stores Inc., the world's largest retailer.

"That is not our goal. No one can do that. But we do believe there is a place for ShopKo in the market for people who don't go to Wal-Mart, who don't go to Target," he said.

What can this actually mean for a discount retailer?

Posted by Kevin on April, 12 2005 at 01:46 PM