Archive for Saturday, July 21, 2007

Wal-Mart public hearing scheduled for Monday

July 21, 2007

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A proposed Wal-Mart store at Sixth Street and Wakarusa Drive is the topic of a major public hearing Monday evening.

Lawrence-Douglas County planning commissioners will consider a preliminary development plan for a 99,840-square-foot Wal-Mart store with a 6,147-square-foot garden center on the northwest corner of the intersection. The plan also includes four additional buildings of unidentified retail space that will add another 21,500 square feet.

The project has been controversial, as neighbors have said the site isn't suited to handle the traffic a Wal-Mart store will create. The site has been the subject of a lawsuit after a previous City Commission denied plans for the project. But current city commissioners sought to put the lawsuit on hold, and said they were interested in reviewing the project.

The Planning Commission meeting begins at 6:30 p.m. Monday at City Hall, Sixth and Massachusetts streets.

Comments

Mr_B9 8 years ago

Not that Wal-Mart or the city council cares but I would like to see Wal-Mart go to North Lawrence. For multiple reasons. I think Wal-Mart would bring developement to this side of town. There is no convenient shopping and not one grocery store. This also happens to be one of the major entrances to our town. It is in dire need of a facelift. Look how long Tangar has been vacant. What a bad idea that was. Just seems to me Wal-Mart has picked the wrong neighborhood.

Richard Heckler 8 years ago

North Lawrence Assoc has been requesting a grocery store,hardware store and a laundromat.

Wal-Mart Always Low Wages = keeps local wages low

Always Shutting Down Existing Business = Economic Displacement NOT Economic Growth

Cindy Wallace 8 years ago

Anyone happen to read "Why Wal-Mart Rocks" on MSN.com today? The gist of the story is that Wal-Mart is slowing down it's New Store expansion in the U.S. due to it's own glut.....their own stores are eating up their own profits!!

This copied from the MSN article:

Change No. 1: A little less Wal-Mart

Wal-Mart's plan to trim growth makes sense because of something Wal-Mart haters like to point out: The chain is so darn big already. Wal-Mart customers roam the equivalent of 16,800 football fields' worth of floor space in nearly 7,000 stores worldwide. Wal-Mart is the world's biggest retailer, with $345 billion in sales last year. The company has more employees -- 1.9 million -- than Philadelphia has residents.

The reason: Wal-Mart is so big it risks cannibalizing existing stores' sales with each new store it opens. This helps explain why overall "comp store sales growth," a key retail benchmark that measures sales growth at stores open for more than one year, have slowed to 2%-3% in the past two years, compared with the 5%-9% growth in 1997-2003. Cannibalization reduced comp store sales by a percentage point in each of the past three years, says Wal-Mart.

Now Wal-Mart is figuring out just how size matters. In early June the company announced that it will reduce annual U.S. square footage growth to 4%-5% from about 7.5%. It's trimming worldwide square footage growth to 6% from 8%. "This slowing is happening at a more rapid pace than we anticipated and we are encouraged by this development," says Lehman Bros. analyst Robert Drbul. Wal-Mart is also trimming what it considers the optimum size of stores to 178,000 square feet from 195,000.

PLEASE!!!! COUNTY AND CITY COMMISSIONERS.....TAKE HEED....YOU BELIEVE THAT A 2ND WAL-MART WILL INCREASE TAX REVENUE??? JUST AS WAL-MART HAS NOW ADMITTED....SALES HAVE ONLY BEEN SPLIT BY THEIR GREED.....TAX REVENUE WILL ONLY DO THE SAME....NO INCREASE TO BE SEEN BY BUILDING A 2ND WAL-MART!!! ANOTHER WAL-MART IS NOT WHAT SHOPPERS WANT.....THEY WANT SOMETHING THEY HAVE TO GO ELSEWHERE TO GET!!! SUCH AS A SAM'S OR COSTCO.....ANYTHING, BUT THE SAME THING!!!

Wal-Mart claims that this new strategy/thinking is something they intend to act fast on....hopefully, it will be fast enough that Lawrence will no longer have to worry about what we all know the commissioner's have every intention of approving.......residents of Lawrence...do not kid yourselves.....your county and city are only going through the motions....

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