An interesting development has taken place, in the last year or so in Canada. This has taken place in the United States probably for quite a while, as Wal Mart has been entering the grocery market. As well, they have taken my book on their internet shelves, to my gleeful content as well.
Could it just have been a coincidence, where the retailing giant has already captured approximately 30 % of Mexicos grocery market. I wonder what will happen to Loblaws, Sobeys, and the rest of the gang here in Canada.
First of all, I expect lower share prices for the above companies. And they are the only two companies that I mention here. Local co ops, and other mom and pop grocery stores, will see market shares go down as well.
Wal Mart. What a great time to invest into your shares, over the next 2 to 5 years.…