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Why did some of the early big-box retailers that were similar to Walmart, not make it -- when Walmart did?

Asked by Yellowdog (12216points) April 12th, 2020

If you are as old as me, you remember some big stores that were similar in many ways to Walmart and Target and even Kohls.

K-mart was around until fairly recently. I also remember Woolco, which was a brainchild of Woolworth— and The Treasury, which is an offspring of J.C. Penny—and Zayer, J.B. Hunter, and others.

Some of these stores, such as K-mart and Woolco, Zayer and The Treasury, were very similar to Walmart and some even were arranged/laid out in a similar fashion.

These early big-box retailers were way ahead of their time. They had more attractive buildings, and were similar in a lot of ways. So why did they fall by the wayside when Walmart became a mega empire?

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