retail news in context, analysis with attitude

While Walmart may be getting much of the media attention with its stated intention to develop a small-store format that will be appropriate for urban locations that previously have been unavailable to it. Target is aiming to open its first urban store in Seattle in 2012...and it already is looking at 10 other US cities for additional sites.

“The new urban stores are expected to take up some 80,000 square feet of space, making them approximately one third larger than an average supermarket, but only about half the size of a typical Target store,” writes “They're intended to help Target gain market share both from supermarkets and from Wal-Mart Stores, its larger competitor.”

"By opening these smaller stores and then doing that across the country, Target's declaring war on the supermarket sector," Burt P. Flickinger III, managing director of New-York based retail consultant Strategic Resource Group, tells DailyFinance. "Instead of getting shoppers to go to Target once a month, they're looking to get them once a week."
KC's View:
I almost never argue with Burt Flickinger. The simple truth is that there is only so much real estate and so many customers, and we’re increasingly going to see the big guys go head-to-head as they look for any edge they can get.

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