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Will Marketside make its mark? Wal-Mart may be planning two new concept stores here.

Publication: San Diego Business Journal
Publication Date: 01-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Wall Street analysts may applaud Wal-Mart for posting healthy third-quarter sales while competitors are struggling, but the jury is still out with regard to the discount giant's new scaled-down grocery stores.

One analyst is already booing Wal-Mart's new Marketside brand, which launched four stores this fall near Phoenix. Two more may open soon in San Diego County.

"The idea that they can run smaller convenience-type stores is a big mistake," said analyst George Whalin of Carlsbad. "Fresh & Easy hasn't proven that it'll work yet, and I think they'd figure out...

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