New Wal-Mart Supercenter Opens in Orange County

Full story: NBC29 Charlottesville

The new Wal-Mart is located along Route 3 in Locust Grove. It's approximately 128,000 square feet and provides about 320 jobs.

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The Dude

Montpelier, VA

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#43
Jul 12, 2013
 
Gnu wrote:
<quoted text>
"It's not always not smart" is a double negative; this sounds like you're saying it is smart. I'm assuming you mean to say that it's not always smart. City Council made the smart/right move negotiating with Walmart to open in a county like Orange, one that has a severe school funding gap.
Yep, you got me... and you're right, that was what I was trying to convey.
I'm not sure they did, more often than not; it's not a wise idea. First off, the City of Orange has nothing to do with it, but the Orange County BOS. That aside, given the location and proximity of nearby shopping area it's limited in growth, pretty much Mine Run East and Lake of the Woods West. I doubt it'll steal much traffic from those with ease to RT 3. Walmart also has a history of getting tax breaks for setting up shop in places, so we'll see how much of the revenue stream affects the county budget. Maybe it'll have a great impact, or maybe it'll be another typical net loss that so may studies indicate. Perhaps it'll be one of the few that are actually a net positive for the community, but odds are against it.
Gnu

Charlottesville, VA

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#44
Jul 12, 2013
 
The Dude wrote:
<quoted text>Yep, you got me... and you're right, that was what I was trying to convey.
I'm not sure they did, more often than not; it's not a wise idea. First off, the City of Orange has nothing to do with it, but the Orange County BOS. That aside, given the location and proximity of nearby shopping area it's limited in growth, pretty much Mine Run East and Lake of the Woods West. I doubt it'll steal much traffic from those with ease to RT 3. Walmart also has a history of getting tax breaks for setting up shop in places, so we'll see how much of the revenue stream affects the county budget. Maybe it'll have a great impact, or maybe it'll be another typical net loss that so may studies indicate. Perhaps it'll be one of the few that are actually a net positive for the community, but odds are against it.
Merchants in a host town that are selling something different from the supercenter often experience an increase in sales, as they benefit from the spillover of Wal-Mart's high-traffic draw. Examples of these businesses are furniture stores, restaurants, various service businesses, upscale stores, and so forth.
Who gets hurt -
Anyone selling the same merchandise as a supercenter is in jeopardy and will probably lose sales unless the store is repositioned to capitalize on its own strengths and the supercenter's weaknesses. Local grocery stores are usually the hardest hit, with sales declines of some independent stores reaching 25 percent or more per year.
The Dude

Winchester, VA

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#45
Jul 12, 2013
 
Gnu wrote:
<quoted text>
Merchants in a host town that are selling something different from the supercenter often experience an increase in sales, as they benefit from the spillover of Wal-Mart's high-traffic draw. Examples of these businesses are furniture stores, restaurants, various service businesses, upscale stores, and so forth.
Who gets hurt -
Anyone selling the same merchandise as a supercenter is in jeopardy and will probably lose sales unless the store is repositioned to capitalize on its own strengths and the supercenter's weaknesses. Local grocery stores are usually the hardest hit, with sales declines of some independent stores reaching 25 percent or more per year.
Except there's nothing there. If the County does benefit, it'll be from what ever restaurant that moves in next door. Then again, it's 15 to 20 minutes from Central Park, so...

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