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Welcome to the 53rd installment of The Wal-Mart Weekly, a column dedicated to bringing you insight, wit, facts, results, opinions, and just a bit of everything else when it comes down to a very hot topic these days: Wal-Mart.
In this week's Wal-Mart Weekly, I'll be looking at Wal-Mart Stores Inc. (NYSE: WMT) positioning in the consumer electronics category. Wal-Mart has always served customers looking for the latest television sets to iPods to home theater systems, but generally has not focused in on the 'ministore' concept for merchandising these products.
When visiting a local Wal-Mart Supercenter this week, I was rather stunned to find a Best Buy Inc. (NYSE: BBY) type of appearance in Wal-Mart's consumer electronics department. In fact, the new planogram and merchandising arrangement reminded me of -- Best Buy itself.
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