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Walmarts effect on Memphis retail


Bears

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Recently, I had a discussion with a colleague (who is familiar with the Memphis area) about why retail in Memphis doesn't seem to do well. One of his points was the vast number of Walmarts and Sam's Clubs in the metro area. I did a search on Walmarts, Costcos, and Sams Clubs in the metro area and here's what I found out

19 Walmarts (Neighborhood groceries included)

2 Costcos

5 Sams Clubs

Is this too many for a metro of 1.2-1.4 million?

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Recently, I had a discussion with a colleague (who is familiar with the Memphis area) about why retail in Memphis doesn't seem to do well. One of his points was the vast number of Walmarts and Sam's Clubs in the metro area. I did a search on Walmarts, Costcos, and Sams Clubs in the metro area and here's what I found out

19 Walmarts (Neighborhood groceries included)

2 Costcos

5 Sams Clubs

Is this too many for a metro of 1.2-1.4 million?

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I read recently [might have been the CA] that Memphis is one of Walmart's better markets. Not sure why, but I remember the article claiming that "Walmart loves Memphis." It seems that Memphis has a relatively high number of Targets as well. Baton Rouge is a market roughly two-thirds the size of Memphis and until recently they had no Targets. I believe they have 2 now.

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I read recently [might have been the CA] that Memphis is one of Walmart's better markets. Not sure why, but I remember the article claiming that "Walmart loves Memphis." It seems that Memphis has a relatively high number of Targets as well. Baton Rouge is a market roughly two-thirds the size of Memphis and until recently they had no Targets. I believe they have 2 now.
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