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Walmart To Crush Kmart Next Year?

A recent Time magazine article says a new Walmart program called Project Impact seeks to beat down its competitors. We didn't know that was anything too new, but apparently the company is shifting to a higher gear in its efforts. Says retail consultant Burt Flickinger III: "They've got Kmart ready to...

By Ian Ritter | Updated on September 15, 2009

A recent Time magazine article says a new Walmart program called Project Impact seeks to beat down its competitors. We didn’t know that was anything too new, but apparently the company is shifting to a higher gear in its efforts.Says retail consultant Burt Flickinger III: “They’ve got Kmart ready to take a standing eight-count next year.” He also predicts the new measure will give Toys “R” Us and Rite Aid some serious problems. At the same time, the retailer is looking at a later holiday shopping season and possibly trying out smaller stores.Can the chain actually penetrate the retail landscape more than it already has, or is Walmart’s growth limited?

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