I don’t want to sit on the fence here, but I’m divided as to whether Wal Mart is a good thing. But if I absolutely must choose, I’d say yes to Wal Mart. It’s no different to any of the other power players in the market at the moment, and will never take away from the boutique shops that we choose to visit. Sure for the commercial, everyday stuff, we can go to a Wal Mart. But to me, it’s no different than going to Pick ‘n Pay or a Game or Makro store. And Game and Makro are part of Massmart. Walmart are acquiring stakes in Massmart. And Massmart also have Builders Warehouse in their portfolio. So before you complain about ‘conglomerates’, look at where you’re buying at the moment. Do you enjoy the savings? Of course you do.
People will still support the smaller markets, where you go for the experience. Pick ‘n Pay isn’t exactly an experience, and neither is Makro or Game. You’ll still go to farmers markets because you want to, and you’re still going to buy from the corner store because it’s convenient. You’ll still support that guy who sells the furniture out his house on the weekends. Because as cheap as Makro and Game and Walmart are, I still like a buying experience. Mass stores just don’t always appeal to me.
If you want to read more about the facts, then check out www.walmartinfo.co.za
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