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Overlapping is discount-retail ($1.02T, +2 percent; with $5.2B to print, -7 percent) ranked at Number 17. Wal-Mart, Costco and Lowe’s are at less than 2 percent growth, maxed out in locations and deluded that their markets are captive. To improve “shopping experiences” and look more like top-drawer retailers, the hypermarkets and clubs ($3.5B to print, -10 percent) will have to reposition themselves by 2008.
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Vincent Mallardi
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Vincent Mallardi, C.M.C., is a the chairman of the Printing Brokerage/Buyers Association International (PBBA) and is a Certified Management Consultant in the paper, printing and converting industries. He is also an adjunct professor in economics. Contact him via email at vince@pbba.org
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