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Thursday, September 19, 2013

WalMart in LA's Chinatown Opens

I am amazed that WalMart even managed to open their store in LA's Chinatown. There has been a huge amount of political pressure against it. I have mixed feelings about it. One one hand I understand how small businesses in the area may be hurt, but on the other hand it will help locals save a lot. For the small businesses, they need to focus on selling items that WalMart does not carry. In the Rowland Heights area their is a WalMart, Target, Sam's Club, and Costco and local Chinese owned businesses still succeed. How they do is by focusing on selling items so they are not competing with the generic super stores. There are so many grocery items for the Chinese market, the a generic superstore does not carry. The article also mentioned a 99 Market used to be located there, but closed. I would see the same type of issue of competition for small businesses.

Walmart’s Chinatown Store Opens … Under a Cloud - City Watch

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