Reply to No Walmart for DC- What'll Become of the Real Estate Values in the Areas Close By Prospective Sites

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[quote=Anonymous][quote=Anonymous]PP, have you never looked around the area by the Target in DC?  There is a CVS across the street, a Bed Bath and Beyond in the same complex as well as a Best Buy.  All of the things you can buy in those stores you can also buy in the Target but they still want to be near the Target anyway because they know that people shop at different places.  A Walmart would be the same way.  Also, if you have ever been to any of the Walmart heavy areas in the burbs/smaller cities you would know that there are always lots of other retail options right near the Walmart.  My Sister is in Columbia South Carolina and they have tons of Walmarts and also nearby grocery stores from other chains, drugstores, and on and on.  The idea that nothing will locate near a Walmart is just not true at all.[/quote]

Target is not Walmart though.

Target does offer the same rock bottom prices.

Target is markets to and attracts a different population - they kind of population with disposable income.

I can't say for sure but I am willing to bet that all those stores you named were there prior to the Target opening.

Walmart in more affluent areas - yes they will have other retailers around them.  This is true for example out in Fair Lakes (Fairfax, VA). But that's a much different population of people. Most noteably they have much higher disposable income to spread around. That was not going to be the case in DC.
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