Commentary: Has the Wal-Mart business model run its course?

09/13/2004 | Pittsburgh Post-Gazette

Steven Pearlstein writes Wal-Mart reached its current position by providing inexpensive goods in rural areas with cheap land. But as the company looks to open in urban markets, it is realizing there is more pressure to unionize and the land is more expensive. Even some suppliers have noticed the difference, Pearlstein writes, and have had success resisting Wal-Mart's demands for lower prices.

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