In small town America the only thing worse than having a Walmart in your town is not having one. Whether you like them or hate them you have to admire SOME of the things they have done. Much of the laurels Walmart is currently resting is simply they were the first large retailer to understand the power of computers in retail, with computers they tightened up their inventory (1% of everything on Walmart store shelves across the nation is a really BIG number). They built a really big distribution system that gave them an advantage over their competition, and they are of a size that a lot of their trucks after leaving that last store empty stops and loads with inbound freight for the distribution system, some of the other big retailers who had/have distribution systems didn't use them to their full advantage or exploit their full capabilities. That being said I would say there is 50% chance that in the next 30 years Walmart will choke and someone will knock them off, much like has happened to Sears, and we actually maybe seeing the beginnings of that with Amazon.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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