Saturday, May 05, 2007

Emo in Wal-Mart's crosshairs with its everyday lower prices:

Wal-Mart is such a dominating force that when it enters a market, few rivals are left unscathed. But in the tiny town of Emo, Ont. - population, 1,186 - grocers Dan and Mark Loney found a formula for their store to take on the discount titan.

And they're doing it with Wal-Mart's own products.

A few years ago, Wal-Mart Canada Corp. set up shop in nearby Fort Frances, Ont., forcing the brothers to come up with a new game plan. Emo sits on the U.S. border, so they began crossing regularly to pick up bargain-priced merchandise to stock in their store. They do most of their U.S. bulk buying at Sam's Club, the warehouse chain owned by Wal-Mart Stores Inc.

9:23 AM