retail news in context, analysis with attitude

• The Wall Street Journal reports that Walmart has informed Murphy USA, which operates more than 1,000 gas stations in the parking lots of its stores, that "going forward it will build and operate its own gas stations."

The story says that "Wal-Mart has run gas stations in front of its warehouse chain Sam’s Club since 1997 and already operates several hundred in front of its approximately 4,500 Wal-Mart stores, said company spokesman Randy Hargrove. But the largest seller of gasoline in front of U.S. Wal-Mart stores is Murphy. When building new stores, Wal-Mart plans to add its own gas stations to as many as possible, said Mr. Hargrove."
KC's View:
It is all about control, and about squeezing as much profit as possible out of the business. The spread sheet analysis on this must've been pretty black-and-white.